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This Week In Cloud AI - NexQloud Innovates with Energy-Saving Decentralized Kubernetes Platform
Reviewed by Simply Wall St
NexQloud has announced a significant development in cloud AI by filing a patent for its Distributed Kubernetes Service (DKS), marking a step forward in decentralized cloud computing. The DKS integrates AI, blockchain, and distributed CPU devices to enhance efficiency and security, offering a potential reduction in energy consumption by up to 88%. This innovation supports NexQloud’s Decentralized Physical Infrastructure Network, which relies on energy-efficient NanoServers. Additionally, NexQloud is transitioning its infrastructure from Amazon’s Elastic Kubernetes Service to its own DKS platform, aiming to offer a secure and cost-effective alternative to existing solutions. The company is expanding its deployment of NanoServers, indicating readiness for commercial rollout and enterprise adoption.
In other trading, iSoftStone Information Technology (Group) (SZSE:301236) was a standout up 10% and ending trading at CN¥71.64. Meanwhile, Tenable Holdings (NasdaqGS:TENB) softened, down 7.8% to finish the session at $39.85. On Wednesday, the company reported improved earnings and issued guidance for 2025, while completing a share buyback program.
Best Cloud AI Stocks
- Microsoft (NasdaqGS:MSFT) settled at $415.82 up 0.6%. On Tuesday, the company collaborated with Aramco Digital and Armada to deploy AI-driven edge data centers in Saudi Arabia, enhancing Aramco's operational efficiency and safety.
- Apple (NasdaqGS:AAPL) closed at $233.22 up 0.3%.
- Alphabet (NasdaqGS:GOOGL) settled at $191.60 up 0.1%. This week, Alphabet reported significant earnings growth, with fourth-quarter sales rising to USD 96.5 billion and net income increasing to USD 26.5 billion.
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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.
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About NasdaqGS:GOOGL
Alphabet
Offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America.
Outstanding track record with excellent balance sheet.
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