Demand for GPUs has outpaced supply in the past few years, with estimates suggesting that big tech companies will spend over trillion by 2028.
In response, Clore has created a platform where users can lease GPUs and pay as little as 86 cents a day.
We’re thrilled to announce that the Clore platform has officially surpassed 400,000 successful rentals! 💪
There are signs that demand for its solution has continued rising, as the number of rentals has jumped to over 400,000. This trend could persist as the use-case for GPU leasing grows.
This is a huge testament to the real-world value and impact of our platform. Every rental represents a step forward in building a… pic.twitter.com/CIeLFrC7ZL
Clore.ai (CLORE) token rose for two consecutive days, reaching a high of It recently formed a small doji candlestick pattern on Oct. 9. A doji occurs when an asset opens and closes at the same level and is considered a bullish sign. The price has moved above the 50-day moving average.Clore’s price has also rallied due to the ongoing Nvidia stock rally. After bottoming at in August, Nvidia’s stock has bounced back to 5. It has risen for three consecutive days and is nearing its all-time high of 0.Therefore, more upside will be confirmed if the price rises above the key resistance level at According to its statistics page, the number of online machines has soared to a record high of 3,888, up from last month’s low of 3,166.
Clore.ai is a blockchain project that provides distributed Graphics Processing Unit for use in industries like AI training, cryptocurrency mining, and movie rendering. It competes with other larger companies like Akash Network (AKT) and Render (RNDR).
Clore AI, a fast-growing AI-focused cryptocurrency, continued its recovery as demand for artificial intelligence assets rose.
Clore.ai price faces key resistance
🚀 400,000+ Successful Rentals! 🎉
The next few weeks will be critical for AI companies as they publish their third-quarter financial results. AMD, a major Nvidia competitor, will release its earnings on Oct. 29, while Palantir will release its results on Nov. 1.
