Cloud News

This week in the Cloud – Five things you need to know

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It’s been a busy week in the Cloud, and we want you to know all about it. Here’s what’s been going on:   

Bitcoin plunges

The world’s most popular cryptocurrency fell in value this week as fears rise that the Bitcoin bubble is about to burst. After highs of nearly £20,000 last December, the digital coin is now trading below $6,000 following the hack of a major cryptocurrency exchange in South Korea.

US regulators asked several cryptocurrency exchanges for trading data as they try to determine if the prices could be manipulated in the futures market. Read more here.

Microsoft dives in

The tech giant has taken the unusual step of sinking data centers off the coast of Scotland. It’s attempting to make storage more environmentally and economically practical.

The company has undertaken the initiative as part of its ‘Project Natick’. It looks at alternative spaces to host large data centers, which have faced problems related to overheating. Some tech firms have experimented with setting up their centers in colder climates in order to resolve this problem. Read more here.

US reaches Summit

The US has regained the title of having the world’s fastest supercomputer, after China maintaining top place for years. Summit, the machine created for use by the US Department of Energy, is capable of making 200,000 trillion calculations per second, or 200 petaflops. If, like us, you have no idea what a petaflop is, this is worth a read.

Google won’t use AI for weapons

Sundar Pichai and his team responded to the growing clamour to prevent machine learning from extending towards warfare, after it had been criticised for a partnership with the US military.

While Google did not make any specific points as to how they would do this, it made a commitment to a variety of principles that it would not use “technologies whose principal purpose or implementation is to cause or directly facilitate injury to people.” Read the announcement here.

World Cup fever hits

So if you haven’t heard, there’s this kind of important football tournament started on Thursday. Although as Goldman Sachs would have it, there would be no need for any football to be played at all after its AI machines declared a winner before a ball had even been kicked.

Hosts Russia welcomed Saudi Arabia in the opening game of the World Cup in Moscow, read how AI decided the result of the football frenzy here.

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