Cena CRYPTO CLOUDCLOUD

- The goal? To provide secure, open-source, and fair AI access. - They'll offer combined infrastructure like AI frameworks, cloud hosting, and fiat/crypto on/off-ramps. - This initiative aims to boost transparency and fairness in AI through decentralization. What do you think about this fusion of AI and blockchain? Share your thoughts in the comments!

Artificial Intelligence (AI) chip manufacturer Nvidia has reported a record quarterly revenue of $39.3 billion, a 78% increase from the previous year. This comes on the back of growing demand for AI chips and a race to attain dominance for several countries. The sector’s growth also led to a similar result in AI coins within the crypto market. Nvidia Nets Better-Than-Expected Earning Nvidia recorded positive financial reports for Q4 2024 marking a rise in investment through the year. High points was the 78% yearly jump in revenue to $39.3 billion while a 12% growth was recorded from the Q3 2024. Its Data Center saw revenues at $35.6 billion, up 93% while total revenues from last year surged 114% to $130.5 billion. Jensen Huang, the CEO of Nvidia attributed the success to a number of factors including the demand for Blackwell AI supercomputers which makes training shorter and enhances results. Last year, Nvidia’s growth outpaced major firms dominating the financial markets as the AI frency grew. “We’ve successfully ramped up the massive-scale production of Blackwell AI supercomputers, achieving billions of dollars in sales in its first quarter. AI is advancing at light speed as agentic AI and physical AI set the stage for the next wave of AI to revolutionize the largest industries.” Last year, the company announced that it would become a tech partner for the $500 billion Stargate Project. The Data Center partnered with AWS for the NVIDIA DGX Cloud AI platform. The company’s automotive revenue surged 27% to $570 million. The company announced that Toyota will build its next-generation cars on the NVIDIA DRIVE AGX ORIN. “Partnered with Hyundai Motor Group to create safer, smarter vehicles, supercharge manufacturing, and deploy cutting-edge robotics with NVIDIA AI and NVIDIA Omniverse. Announced that the NVIDIA DriveOS safe autonomous driving operating system received ASIL-D functional safety certification and launched the NVIDIA DRIVE AI Systems Inspection Lab,” the statement read. The State of AI Coins Last year, AI coins soared alongside the crypto market but recorded periods of strong buying momentum. This was triggered by the growing interest in AI in institutional and retail markets. Despite the wider market dip, AI coins are up 1.5%, with multiple assets notching gains after Nvidia’s positive earnings. Near Protocol gained 3.2%, lowering weekly losses, while Internet Computer and Render moved up 3.9% and 4.7%, respectively. While an upward breakout remains on the cards, bear sentiments from top coins threaten recorded gains.

The AI sector is buzzing with potential, and here are some coins to keep on your radar: Near Protocol (NEAR): A blockchain platform that's revolutionizing decentralized applications with its speed and developer-friendly infrastructure. Its market cap is around $3.6 billion, with a 24-hour trading volume of over $203 million. Internet Computer (ICP): A decentralized computing platform that's challenging traditional cloud services. Its market cap is approximately $3.2 billion, with a 24-hour trading volume of over $93 million. Bittensor (TAO): A decentralized machine learning network that enables AI models to collaborate and compete. Its market cap is around $2.7 billion, with a 24-hour trading volume of over $152 million. Render (RNDR): A decentralized GPU rendering network that's transforming the way computational graphics and AI-powered rendering are processed. Its market cap is approximately $1.9 billion, with a 24-hour trading volume of over $169 million. (link unavailable) (FET): A blockchain platform that's creating an intelligent, decentralized digital economy. Its market cap is around $1.7 billion, with a 24-hour trading volume of over $133 million. These coins are making waves in the AI sector, but remember to always do your own research and consider your risk tolerance before investing

Google Cloud Retrenches Nearly 100 Staff Google has cut about 100 positions in its cloud division, primarily affecting sales operations, as part of a strategic shift to reallocate resources toward AI and business growth, according to sources familiar with the matter. A Google spokesperson stated that the company continues to adjust its workforce to align with customer needs and future opportunities. The spokesperson said: “As teams have been doing across the company, we’re making changes to continue to invest in areas that are critical to our business and ensure our long-term success.” Google Cuts Jobs in Cloud Division Amid Strategic Reshuffling Alphabet's Google has laid off employees in its cloud division, Bloomberg reports. The exact number of affected workers remains undisclosed, but the cuts impact only select teams. Google has yet to comment on the… pic.twitter.com/QekwEjP2Lj — AIForge (@TheAIForge) February 26, 2025 The move follows slower growth in Google’s cloud business and significant AI-related investments. Earlier this month, Alphabet fell short of analysts' cloud revenue projections, while its 2025 capital expenditure forecast exceeded expectations, highlighting the company’s evolving priorities. Google Cloud Layoffs Not the First Google’s latest cloud workforce reductions follow a series of restructuring efforts across the company. Alphabet cuts fewer than 100 cloud sales jobs to shift focus to AI and key investments. Cloud growth slowed, Q4 revenue missed expectations. Tech giants, including Amazon and Meta, continue layoffs to fund AI without hitting profits. pic.twitter.com/jREHDL2v7A — 智通财经 (@ZHITONGCAIJING) February 27, 2025 In January, it introduced a “voluntary exit programme” for employees in its Platforms and Devices unit, which merged its Pixel hardware and Android software teams in 2024. Throughout the year, Google has made gradual workforce cuts as part of a broader reorganisation. The cloud layoffs reflect a broader trend in the tech industry, where companies like Amazon, Meta, Salesforce, and Microsoft are trimming corporate roles or shifting to lower-cost international labour. With mounting pressure to invest in AI without jeopardising profits, Google continues to prioritise its cloud division as a key growth driver. During its February earnings call, Alphabet CFO Anat Ashkenazi reaffirmed that the company expects "some headcount growth in 2025 in key investment areas such as AI and cloud."

Chinese e-commerce giant Alibaba reported that it was ready to invest $53 billion in artificial intelligence (AI) and cloud computing initiatives in the next three years. The commitment is part of a gradual push of the company to these technologies, allowing it to increase its growth. According to Alibaba CEO Eddie Wu, AI has the potential to transform the current commercial landscape for its potential of mimicking human labor. The investment is expected to be followed by a massive implementation of AI tech across several areas, including enterprise, consumer, and e-commerce applications to ease user integration and increase efficiency. The company recently released Qwen 2.5, an AI model that surpasses Deepseek, per Alibaba’s claims. 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。