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Decentralized Compute Networks Will Democratize Global AI Access



Opinion by: Gaurav Sharma, CEO of io.net 

Artificial intelligence may be in its early days, but it has already delivered significant scientific and technological breakthroughs across the developed world. Unfortunately, these developments have come at a cost: the dangerous centralization of AI.

On Forbes’ 2025 list of the top 50 private AI companies, all are based in the developed world, with 80% in the US. 

AI remains skewed toward well-capitalized tech giants in the developed world. 

For many in emerging economies, the price of entry to the AI…



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by Cointelegraph

United States-based Bitcoin mining company TeraWulf nearly doubled its third-quarter revenue this year thanks to price growth in Bitcoin, as well as an expansion in mining capacity and new income from its AI business. Revenue for the third quarter increased 87% year-over-year to $50.6 million, with “digital asset revenue” making up $43.4 million, according to TeraWulf’s Q3 earnings report on Monday. In Q1, the company had reported a net loss, and in Q2, the miner’s revenue increased 34% year-over-year to $47.6 million.  “These increases were… Source link

by Tech In Asia

After the announcement, Iren raised its 2026 annual recurring revenue guidance from US$500 million to US$3.4 billion. Source link

by Tech In Asia

The company reported Q3 net profit of US$56.8 million, up from US$38.5 million a year earlier. Source link