Cloud Services News

Nvidia’s Vera Rubin slashes AI costs, challenging decentralized GPU networks like Render that thrive on scarce and underused computing power.

Crypto and Web3 projects market themselves as decentralized but still rely on centralized cloud infrastructure to power applications.

Distributed cloud projects aim to reduce blockchain’s heavy dependence on centralized providers like AWS.

IREN’s Microsoft partnership underscores how Bitcoin miners are reinventing themselves as AI infrastructure providers amid tightening margins.

The 15-hour Amazon Web Services outage that halted Coinbase, Robinhood and MetaMask revealed how much of Web3 still relies on centralized servers.

This marks the second major Amazon AWS outage since April, when “connectivity issues” created usability problems for at least eight large crypto exchanges.

Charles O. Parks III, who admitted to misusing $3.5 million worth of resources from two cloud computing providers to mine crypto, was sentenced to one year and one day in prison.

Shelby launches amid surging demand for cloud services, driven by the rapid growth in global data storage needs.

Amazon’s AWS powers some of the world’s leading crypto exchanges with high-throughput cloud infrastructure for crypto trading, presenting a central point of vulnerability.

For CoreWeave, the deal may supplement lost income from the contracts Microsoft cancelled.

MARA Holdings said it took a “strategic pause” to the first wave of AI to see how it shakes out but now appears ready to jump in.

Saudi Arabia has committed $14.9 billion to AI through global tech partnerships, including Google, Lenovo and Alibaba, as it aims to become a regional AI hub.

The partnership utilizes Google Cloud’s “Confidential Space” virtual machine service to secure transactions and meet compliance standards.

Malaysia has strengthened its AI and cloud computing landscape with new regulations and partnerships, positioning itself as a hub for ethical AI and digital innovation.

The ASI Alliance can enable mass adoption of decentralized networks in the same way the world jumped into ChatGPT, SingularityNET CEO believes.