Cuban Sees High-End GPUs as Next Big Crypto Play
Mark Cuban, billionaire entrepreneur and owner of the NBA's Dallas Mavericks, believes that high-end GPUs used to power artificial intelligence will become the new cryptocurrency. He made this prediction on X, stating that chips could be viewed as an asset class in their own right.
The rapid growth of AI has led to a reevaluation of computing hardware, with many now considering it a valuable and potentially appreciating asset. Cuban is not alone in his thinking, as the demand for high-end GPUs continues to rise due to their essential role in artificial intelligence development.
However, this prediction has not been without its critics. Pierre Rochard, a Bitcoin advocate, pointed out that chip manufacturing lacks two key features of cryptocurrency: difficulty adjustment and halving mechanism. Others have joked that Cuban's statement is a sign of a late bear market bottom.