The Render price has dropped 4% in the past 24 hours to trade for $10.84 as of 04:43 a.m. EST. But signs of a recovery are underway, accompanied by a 27% increase in trading volume. CoinGecko data shows that its peers in the AI sector are already rallying, among them Internet Computer (ICP), Arkham (ARKM), and Nosana (NOS). The surge seen in the AI crypto coin sector comes after Apple closed a deal with OpenAI to use the latter’s technology in its new iPhone, Bloomberg reports. Apple has closed in on an agreement with OpenAI to use the startup’s technology on the iPhone, part of a broader push to bring artificial intelligence Features to its devices https://t.co/2t2Jq0JtpO — Bloomberg (@business) May 13, 2024 The deal is part of a broader initiative to bring artificial intelligence Features to Apple devices. There will be more concrete announcements about what artificial intelligence will bring to the brand. Such announcements could come as soon as during the release of iOS 18, expected on the first day of the Worldwide Developers Conference on June 10. Traders are optimistic about the Render price, with some alluding to the 4% plunge being part of a healthy correction. $RENDER – Look at where we bounced again.