TL;DR
- Nvidia has decided to exclude cryptocurrency-related startups from its “Inception” accelerator program, shifting its focus toward artificial intelligence.
- This move doesn’t imply a total rejection of the crypto world, but rather a preference for the more immediate commercial potential of the AI sector.
- Analysts warn that restricting Nvidia chips in China could strengthen local competitors like Huawei, potentially impacting Nvidia’s long-term technological leadership on a global scale.
Nvidia has officially excluded blockchain startups from its entrepreneurial support program, “Inception“. This accelerator, which provides access to technical resources, discounted hardware, and connections with venture capital networks, will now focus exclusively on artificial intelligence projects. The news was initially shared by crypto journalist Colin Wu, who posted a link on X to the application page stating the disqualification of companies “associated with cryptocurrency” from being eligible for participation in the program.
Artificial Intelligence Takes the Lead in Business Strategy
Nvidia’s decision reflects a broader trend in Silicon Valley: the unstoppable rise of artificial intelligence as a driver of innovation and profitability. Startups developing AI-based tools, from language models to computer vision solutions, are now the main beneficiaries of the Inception program. These companies receive access to specialized libraries, software development kits, and advanced technical mentorship, while crypto startups are left out of the tech giant’s radar and support network, potentially impacting their early growth trajectory.
However, this does not signal the end of cryptocurrencies in the business world. The blockchain industry continues to attract billions in investment and develop use cases that are transforming sectors such as logistics, finance, and digital entertainment. Some analysts suggest Nvidia’s decision may be strategic and temporary, driven by the media saturation around AI and ongoing regulatory tensions affecting the crypto space. It could even be a move to avoid reputational risks with U.S. regulators, without entirely closing the door on the crypto future. Furthermore, it’s possible that Nvidia could reassess this stance in the medium term, depending on how the market evolves.
China, Huawei, and the Race for Tech Leadership
Meanwhile, on the international front, analysts at Bernstein warn that the restriction of Nvidia chip exports to China could have unintended consequences.
Chinese firms are quickly adapting by deploying hybrid solutions that combine Huawei chips with alternative technologies. Even without access to Nvidia’s H20 chip, many developers have managed to maintain their innovation pace by training models on personal devices.
Nvidia’s exclusion of crypto startups could ultimately open the door for other players to step in and support blockchain development. The ecosystem remains vibrant with or without Nvidia.
