A product linked to the Render RNDR/USD network, which offers distributed GPU rendering on the blockchain, was mentioned in the Apple Inc. AAPL event on Monday as part of the keynote event. Artificial intelligence based crypto tokens like Render and SingularityNET have in recent times gained popularity. Meanwhile, AI chatbots and other products are yet to integrate crypto payments, despite widespread expectations. It was expected that the 2023 Apple Worldwide Developers Conference would make way for crypto integration with the launch of the Vision Pro headset.
However, no crypto market related feature or update was mentioned during the WWDC conference. Yet, Apple appears to be in a reasonably fair place to partner with OTOY Inc., the company whose CEO is also responsible for founding the Render network.
Octane X Partnership With Apple In Cards?
During the Apple keynote event on Monday, the iPhone making company featured Octane X, a GPU rendering feature that is available on the Mac App Store. Octane is directly related to the Render (RNDR) token as OTOY is the company behind both products. Jules Urbach, the CEO of OTOY, had in 2016 founded Render Token to provide decentralized GPU based rendering solutions. Hence, it is being speculated that there could be a partnership between Apple and Octane soon.
However, the Apple Augmented reality (AR) and Virtual Reality (VR) product, Vision Pro headset, was originally expected to require Render network functionality for the GPU rendering. Apple did not mention any such partnerships during the event.
Image by Niccolò Chiamori on Unsplash
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.