CandleFocus FET, TAO Jump 10% as Apple Unveils iPhone 16 AI Features
2024-09-10
Author: Content Editor
The market capitalization of AI crypto coins rose by nearly 7% on Tuesday, with tokens like Artificial Superintelligence Alliance (FET) and Bittensor (TAO) leading the rally and posting double-digit gains. Announcements from major artificial intelligence companies like Nvidia, Microsoft, Apple, Google, and OpenAI often drive activity among AI coin traders. The surge in AI crypto coins follows news of Apple's release of the iPhone 16, which reportedly includes AI features and an A18 chip designed to optimize generative AI models. Additionally, remarks from TV personality Jim Cramer regarding chip-making giant Nvidia have provided guidance to AI crypto traders and investors, suggesting growing adoption and utilization of artificial intelligence technologies could drive further interest in the sector.
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