NEAR Joins NVIDIA Inception Program, Boosts AI Development and Investor Access

NEAR AI has joined NVIDIA's Inception Program to enhance its capabilities in developing privacy-preserving AI tools. This collaboration provides NEAR with access to NVIDIA's technical expertise, advanced tools, and GPU resources, facilitating accelerated development while adhering to stringent enterprise standards.

  • The partnership brings NEAR closer to NVIDIA's VC network, offering opportunities to connect with specialized investors and NVIDIA executives.
  • NVIDIA Confidential Computing is integral to NEAR's AI stack, ensuring data protection across all stages of processing, crucial for enterprise use.
  • NEAR AI Cloud's privacy solutions have been adopted by notable enterprises like Brave Browser.

NEAR Price Analysis

  • NEAR token is trading at $1.83, up over 7% in the last 24 hours following the program announcement.
  • Trading volume increased significantly to $270 million, representing 11% of its $2.35 billion market capitalization.
  • NEAR ranks 39th on CoinMarketCap.
  • Recent improvements include a halved inflation rate from 5% to 2.5%, approved by 80% of validators.

NEAR 24-hour price chart as of January 13, 2025