The European Union has imposed a record €550 million fine on Chinese tech giant Alibaba under the Digital Services Act, citing systemic failures to prevent illegal products from being sold on its platforms.
Decentralized cloud provider Titan Network claims its crowdsourced computing network has signed major tech clients including Tencent and Alibaba, offering up to 75% savings on AI computing costs. The platform aggregates idle computing resources from individual users worldwide, creating a distributed AI computing network similar to crypto mining but specifically for AI training and inference workloads. This comes as AI demand surges and tech giants race to expand data centers, potentially disrupting the traditional cloud computing market dominated by AWS, Google Cloud, and Azure. ...