Render (RNDR) Could 200X In The Bull Run, Here Is Why!
TLDRIn this video, Doc discusses the Render Network's recent partnership with Stability AI, highlighting the potential for massive growth in AI training and inference power. The collaboration aims to democratize open-source generative AI technology, with Stability AI's CEO, Emat Mustac, joining Render's Advisory Board. Doc predicts a 200x increase in Render token burning due to the partnership, suggesting a significant bullish outlook for Render's future, especially with the potential integration of Render tokens on Apple devices and the shift towards decentralized AI.
Takeaways
- 🚀 The render network is on the verge of a significant growth with a potential 200x increase in its value.
- 🤝 A major partnership was announced between Stability AI, the parent company of Render, and Endore, highlighting the industry leaders' collaboration in open-source generative AI models.
- 📈 Stability AI's statistics show a dominant presence with 12.59 billion images created using their software, accounting for nearly 85% of all AI-created images.
- 🌐 The partnership aims to leverage Render's decentralized GPU network to scale AI training and inference power, democratizing open-source generative AI technology and pronoun systems.
- 🛠️ Stability AI's founder and CEO, Emat Mustac, will join the Render Network Advisory Board, bringing his expertise in open AI model history to the table.
- 📢 Jules Yack, CEO of Render, emphasized the importance of the partnership at NVIDIA's GTC, the world's largest AI conference, and hinted at future announcements.
- 💡 The partnership is expected to accelerate demand for Render tokens, potentially leading to increased token burning and a higher token price.
- 🎥 Stability AI's interest in using Render's 1 million GPUs on the waiting list suggests a significant increase in AI capabilities and potential for creating high-quality content like Sora, a text-to-video model.
- 📊 Emat Mustac's resignation from Stability AI's CEO role to focus on decentralized AI, following the partnership announcement, indicates a strong commitment to the Render Network's vision.
- 💰 The potential market cap for Render in the upcoming AI rally is projected to be substantial, with the network's current market cap suggesting a significant room for growth.
- 🔮 The video concludes with a bullish price prediction for Render, suggesting a top price in the bull run could reach $350 per token based on market trends and the network's potential impact on the AI sector.
Q & A
What is the main topic of the video?
-The main topic of the video is the recent developments and potential future growth of the Render Network, particularly its partnership with Stability AI and the implications for the AI and GPU industries.
What significant partnership was announced at the beginning of the video?
-The significant partnership announced is between Stability AI, the parent company of Render Sai, and the Render Network. This partnership focuses on leveraging the Render Network's decentralized GPU capabilities to scale AI training and inference power, democratizing open-source generative AI technology.
What statistics were shared to highlight the impact of Stability AI in the AI creation space?
-In August 2023, the number of AI-created images worldwide was 1547 billion, out of which 12.59 billion images were created using Stability AI's software, accounting for nearly 85% of all AI-created images.
What role will Emad Mostaque, the founder and CEO of Stability AI, play in the Render Network?
-Emad Mostaque will join the Render Network's Advisory Board, contributing his expertise and vision for decentralized AI models and their role in the future of open-source machine learning.
How does the video suggest the partnership will impact 3D VFX and media production workflows?
-The partnership is expected to revolutionize 3D VFX and media production workflows by providing massive scaling of AI training and inference power, which will accelerate the development and application of open-source generative AI technology in these fields.
What did Jules LaPlace, the CEO of Render, say about the future of decentralized computing and Render's role in it?
-Jules LaPlace emphasized Render's vision for decentralized computing and its foundational role in the future of open-source machine learning models. He mentioned that the partnership with Stability AI will accelerate the demand side for Render's services and lead to more usage within the existing economic model.
How does the video explain the potential for Render token burning and its impact on the Render Network's value?
-The video suggests that if Stability AI utilizes 1 million nodes for AI training, it would increase the token burning rate by 200 times the current rate, leading to a significant reduction in the circulating supply and an increase in the value of Render tokens due to the fixed minting model.
What was Emad Mostaque's statement regarding his role change at Stability AI?
-Emad Mostaque resigned from his role as CEO of Stability AI and from his position on the board of directors to focus on decentralized AI, indicating his commitment to advancing the decentralized AI model in partnership with Render Network.
What is the significance of the 1 million GPUs mentioned by Jules LaPlace?
-The 1 million GPUs represent the waiting list for Render's services. Jules LaPlace envisions these GPUs accelerating open-source AI and revolutionizing AI models, potentially leading to Render's services being integrated into 1 billion devices, including Apple products.
What is the video's prediction for Render's price based on market cap and rank?
-The video predicts that Render could reach a price of $350 based on historical market cap trends during bull runs, positioning it as a top 10 cryptocurrency with a market cap of $140 billion during the upcoming AI sector rally.
How does the video address skepticism about the use of 1 million GPUs by Stability AI?
-The video addresses skepticism by highlighting the demand for GPU power for AI models like Stability AI's and the potential for creating complex content such as Sora, a text-to-video model. It also points out that the CEO confirmed the feasibility of such projects with enough GPUs and good data.
Outlines
🚀 Major Partnership and Render Network's Growth
The first paragraph discusses a significant partnership between Stability AI and the Render Network, highlighting the impact of this collaboration on the industry. It emphasizes the scale of Stability AI, which had more downloads than all other open AI applications and was responsible for a staggering 85% of AI-created images as of August 2023. The partnership aims to leverage Render Network's decentralized GPU network to scale AI training and inference, potentially revolutionizing 3D VFX and media production. The news includes Stability AI's founder and CEO, Emat Mustac, joining the Render Network's advisory board, signaling a strong commitment to decentralized AI. The paragraph also touches on the potential for increased demand for Render tokens due to the partnership and the bullish sentiment it has generated.
🎥 Sora's Impact on GPU Usage and Render Token Burning
This paragraph delves into the implications of Sora, Stability AI's text-to-video model, on GPU usage and the potential for Render Network token burning. It explains that creating high-quality, detailed videos with Sora requires substantial GPU power, which could significantly increase the operational costs. The paragraph then connects this to the Render Network's current token burning rate, suggesting that the use of 1 million nodes by Stability AI could lead to a 200x increase in token burning. This would not only boost the token's value but also ensure strong buying pressure. The discussion also includes the potential for Render tokens to be used on Apple devices, further expanding the network's reach.
🌟 Emat Mustac's Departure and Future of Decentralized AI
The third paragraph focuses on the recent announcement of Emat Mustac stepping down as CEO of Stability AI to pursue decentralized AI initiatives. This decision is seen as a significant move towards the growth of decentralized AI, with Mustac joining the Render Network's advisory board to focus on this new phase. The paragraph also addresses concerns about the impact of Mustac's departure on Stability AI, reassuring that he retains significant control over the company. The discussion concludes with anticipation for future announcements that could further revolutionize the decentralized AI landscape.
📈 Render Token's Market Cap and Price Prediction
The final paragraph provides an analysis of Render token's market cap and potential price prediction based on historical data from previous bull markets. It uses the Snapchat example from 2021 and the 2017 bull run to project Render's potential market cap growth. The paragraph suggests that Render, currently ranked 30, could reach a market cap of $30 billion, leading to a token price of $80. It also posits that Render could rise to a top 10 cryptocurrency due to its position as the largest decentralized GPU network, drawing parallels with Nvidia's success in the stock market. The summary concludes with a reminder that these predictions are speculative and should not be taken as financial advice.
Mindmap
Keywords
💡Render Network
💡Stability AI
💡Decentralized
💡AI Training
💡Inference Power
💡3D VFX and Media Production
💡Advisory Board
💡Burning
💡Open-source
💡Machine Learning Models
💡Cryptocurrency
Highlights
Render Network's partnership with Stability AI and Endore, which is Utoy's mother company.
Stability AI's significant market presence, with more downloads than all open AI CGP and responsible for 85% of AI created images.
The partnership aims to leverage Render's decentralized GPU network to scale AI training and inference power, democratizing open-source generative AI technology.
Stability AI founder and CEO, Emat Mustac, joining the Render Network Advisory board.
Jules Yaack, CEO of Utoy and Render, discussing the partnership and its implications at NVIDIA's GTC, the world's largest AI conference.
Render's vision for decentralized computing and serving a foundational role in the future of open-source machine learning models.
The potential for Render Network to accelerate demand and burning of Render tokens, with 1 million GPUs on the waiting list.
Emat's comment on 1 million GPUs in the Swarm, indicating a significant push towards open-source AI and creativity amplification.
Render's ambition to reach 1 billion devices, including Apple products like Mac, iPad Pro, and the iPhone.
The skepticism around the use of 1 million GPUs by Stability AI, but evidence suggests a high demand for such resources.
The comparison of GPU usage for language models like CET PT and the potential for creating full movies or commercials with models like Sora.
The calculation of Render token burning based on the use of 1 million nodes, leading to a 200x increase in burning rate.
The market cap and ranking analysis for Render token, comparing historical data from past bull markets.
The prediction that Render could reach a market cap of $140 billion or a price of $350 per token in the upcoming AI rally.
Emat Mustac resigning from his role as CEO of Stability AI to focus on decentralized AI, indicating a significant shift in focus.
The potential impact of the partnership and Render Network's growth on the AI sector and the broader cryptocurrency market.
The call to action for viewers to follow the channel and subscribe for more updates on Render, AI, and cryptocurrency.
