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Arbitrum says it pulled out of accelerator program after Nvidia refused crypto association
The Arbitrum 
 ARB -2.62%
 Foundation, the muscle behind the Ethereum Layer 2 blockchain network by the same name, said it withdrew from an Nvidia-backed accelerator program after the latter company, the world's largest chipmaker, said it didn't want to be mentioned in any public announcements. 

Earlier reporting indicated that Nvidia pulled the plug on the arrangement, which would've seen Arbitrum become the exclusive Ethereum partner for the Nvidia- and Tribe-backed Ignition AI Accelerator program. The program would have provided the network with AI development guidance and cloud credits. 

However, the Arbitrum Foundation said, Nvidia changed its tune in recent weeks, saying it was willing to partner with Arbitrum, as long as the chipmaker wasn't mentioned in any public-facing crypto-related announcements.