This Week In AI Chips - Decentralized AI Cloud Initiative Transforming Global Infrastructure
IPTP Networks and MCB Ventures have announced the launch of the DeCenter Foundation, targeting advancements in AI infrastructure through the development of a decentralized AI Cloud. This innovative model is based on Hybrid RWA Data Centers and DePIN Edge Infrastructure, aiming to address current challenges such as cost, scalability, and data ethics in the centralized AI compute market. The DeCenter Foundation's mission focuses on promoting transparency, ethical governance, and community-driven values, with significant emphasis on building AI-focused data centers in key Asian markets and launching open architecture for enhanced compute contributions. This initiative represents an important shift toward creating a transparent, equitable, and sustainable AI ecosystem, potentially reshaping the AI landscape on a global scale.
In other trading, Cambricon Technologies (SHSE:688256) was a standout up 2% and closing at CN¥565.06. Meanwhile, Alchip Technologies (TWSE:3661) softened, down 3.6% to close at NT$3,305.00.
Best AI Chip Stocks
- Advanced Micro Devices (NasdaqGS:AMD) closed at $146.42 up 1.6%.
- NVIDIA (NasdaqGS:NVDA) closed at $164.92 up 0.5%, close to the 52-week high.
- QUALCOMM (NasdaqGS:QCOM) closed at $157.46 down 1%.
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