Cloud AI Update - Smartphone App Revolutionizes Energy-Efficient Computing

Calgo has launched a mobile application aimed at enhancing distributed AI computing by utilizing idle processing power from smartphones. The app, available on Android and iOS, enables users to contribute to energy-efficient computing initiatives without affecting their daily phone usage. This aligns with broader trends in sustainable technology by reducing reliance on energy-intensive data centers. As part of its launch strategy, Calgo has also introduced an Early Access Program to gather user feedback and refine its platform for future enhancements.

In other market news, Jingbo Technology (OTCPK:SVMB) was a standout up 54.4% and finishing the session at $11.87, at its 52-week high. At the same time, Workday (NasdaqGS:WDAY) lagged, down 12.5% to finish the session at $238.01.

Capitalize on Workday’s expansion into AI and emerging markets for potential growth. Discover more by exploring our detailed narrative on Workday's strategic initiatives.

You might want to quickly revisit our Market Insights article titled "The Investing Case For Automation And Robotics Stocks," where we explored the transformative role of AI in automation and robotics, highlighting significant investment opportunities.

Best Cloud AI Stocks

• Microsoft (NasdaqGS:MSFT) ended the day at $450.18 down 1%, hovering around its 52-week high.
• Alphabet (NasdaqGS:GOOGL) settled at $168.47 down 1.4%.
• Apple (NasdaqGS:AAPL) finished trading at $195.27 down 3%.

Summing It All Up

• Discover the full array of 158 Cloud AI Stocks, featuring Arabian Internet and Communication Services, Samsung SDS and Pegasystems, right here.
• Searching for a Fresh Perspective? AI is about to change healthcare. These 22 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Sources:

• Simply Wall St
• "Calgo Launches Mobile App to Support Distributed AI Computing Using Idle Device Resources" from Calgo on GlobeNewswire (published 27 May 2025)

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