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Render Could Transform Into an Artificial Intelligence (AI) Powerhouse. But Is It a Buy?

TheMotleyFool

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Render Could Transform Into an Artificial Intelligence (AI) Powerhouse. But Is It a Buy?: https://g.foolcdn.com/editorial/images/782733/gpu-miners-person.jpg

Render (CRYPTO: RNDR) represents a unique way to invest simultaneously in the booming cryptocurrency and artificial intelligence (AI) markets. It was launched in 2016 as a distributed graphics processing unit (GPU) rendering network, which ran atop the Ethereum blockchain to process complex 3D graphics and animations.

That approach enables creators to render their graphic projects remotely without installing high-end GPUs in their own PCs. They pay for those transactions with the network's native cryptocurrency, the Render Token, and the rendering process is outsourced to owners of high-end GPUs through the OctaneRender platform.

Image source: Getty Images.

Source Fool.com

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