🚀 Google Cloud Joins Wormhole's Guardian Network
#GoogleCloud #Wormhole #GuardianNetwork #decentralization #validatornodes #blockchain #security #infrastructure #transactionvalidation
According to Odaily, the Wormhole Foundation, the development team behind Wormhole, has announced that Google Cloud has become the latest member of its Guardian Network. The Guardian Network is a decentralized group of reputable validator nodes, including RockawayX, P2P, Figment, and Everstake, which play a crucial role in transaction validation. This network is a cornerstone of the Wormhole ecosystem's security and validation technology. By joining as a Guardian node, Google Cloud's infrastructure enhances the decentralized network, ensuring uptime and providing redundancy coverage by immediately backfilling any Guardian that experiences downtime.#GoogleCloud #Wormhole #GuardianNetwork #decentralization #validatornodes #blockchain #security #infrastructure #transactionvalidation
🚀 Chainbase And Google Cloud Collaborate On AI And Web3 Initiative
#Chainbase #GoogleCloud #AI #Web3 #Token2049 #BigQuery #DataAnalytics #Blockchain #DigitalFuture #MultiChain #Developers
According to BlockBeats, on September 23, blockchain data network Chainbase and Google Cloud successfully hosted a seminar titled 'AI and Web3: Building a Trusted Digital Future' during Token2049 in Singapore.
During the event, Chainbase unveiled its new product, Chainbase Dataset, developed in collaboration with Google Cloud and based on BigQuery. BigQuery is a fully managed, AI-supported data analytics platform provided by Google Cloud.
This partnership enables over 300 real-time updated multi-chain datasets from the Chainbase Data Platform to directly serve the 7 million developers and enterprise users on the BigQuery platform, facilitating the implementation of on-chain intelligent applications. Currently, the Chainbase Data Platform supports the development of more than 10,000 products, with over 20,000 developers within its ecosystem.#Chainbase #GoogleCloud #AI #Web3 #Token2049 #BigQuery #DataAnalytics #Blockchain #DigitalFuture #MultiChain #Developers
🚀 Google Cloud Partners With Solana Labs To Enhance Web3 Gaming Infrastructure
#GoogleCloud #SolanaLabs #Web3 #GamingInfrastructure #GameShift #BlockchainTechnology #GameDevelopers #CloudMarketplace #SOL
According to BlockBeats, on September 24, Google Cloud announced a strategic partnership with Solana Labs. This collaboration centers around GameShift, a comprehensive Web3 infrastructure designed to support gaming applications. GameShift offers essential features such as wallets, tokenized assets, and on-chain markets, providing a robust foundation for developers in the gaming industry. These products are now accessible on the Google Cloud Marketplace, enabling easier integration and deployment for game developers looking to leverage blockchain technology.#GoogleCloud #SolanaLabs #Web3 #GamingInfrastructure #GameShift #BlockchainTechnology #GameDevelopers #CloudMarketplace #SOL
🚀 Theoriq Launches Blockchain-Based AI Testnet
#Theoriq #Blockchain #AI #Testnet #Web3 #GoogleCloud #Startups #OpenSource #SecurityAudit #DeveloperGrants #DecentralizedAI #SmartContracts #Automation #AgenticAge #AICollectives
According to Cointelegraph, decentralized artificial intelligence and Web3 firm Theoriq announced the launch of its Testnet on August 8. This launch marks the first blockchain-based network designed specifically for AI agents, which are autonomous systems that perform specific tasks.
Theoriq was recently accepted into the Google Cloud Startup Program on August 19, gaining partner access to Google Cloud services and infrastructure to aid in the development of its protocol. The AI agents developed by Theoriq are part of a broader blockchain-based ecosystem, where they can combine as collectives to perform higher-level functions and execute simultaneous actions across multiple domains.
Theoriq’s CEO and Co-founder Ron Bodkin stated that the company’s mainnet is scheduled for launch later this year. He mentioned that users can expect open-source protocol fundamentals and a comprehensive security audit. Additionally, the company plans to offer developer grants to support innovation on the platform. During the Testnet phase, Theoriq will focus on further developing its AI agents.
Bodkin explained that the company’s AI agents are designed to plan, access data, use tools, make decisions, and engage with the real world to carry out specific functions. He emphasized that specialized agents collaborating in teams, known as collectives, to tackle increasingly complex tasks will outperform general-purpose monolithic agents. These AI agents can specialize in various tasks such as analyzing social data, querying and accessing trading data, code generation, and image creation, allowing them to work collectively towards a unified goal.
Bodkin provided an example of decentralized physical infrastructure (DePIN) providers using agents to interact with smart contracts, control assets, and make micropayments, which can significantly enhance automation in Web3 and beyond. He concluded by stating that with this level of agency, Theoriq’s AI agents are poised to reshape how we interact with technology, marking the beginning of what he calls the Agentic Age.#Theoriq #Blockchain #AI #Testnet #Web3 #GoogleCloud #Startups #OpenSource #SecurityAudit #DeveloperGrants #DecentralizedAI #SmartContracts #Automation #AgenticAge #AICollectives
🚀 Alphabet Reports Strong Third Quarter Financial Results Exceeding Expectations
#Alphabet #Google #FinancialResults #ThirdQuarter #Revenue #EarningsPerShare #GoogleCloud #AdvertisingRevenue #YouTube #OperatingProfit #QuarterlyPerformance
According to Odaily, Alphabet, the parent company of Google, has reported its financial results for the third quarter, showcasing impressive performance across various segments. The company's revenue for the third quarter reached $88.27 billion, surpassing analysts' expectations of $86.45 billion. Earnings per share stood at $2.12, exceeding the anticipated $1.84 per share.
Google Cloud's revenue for the third quarter was reported at $11.35 billion, higher than the expected $10.79 billion. Additionally, Google’s advertising revenue amounted to $65.85 billion, slightly above the forecasted $65.5 billion. YouTube's advertising revenue also exceeded expectations, coming in at $8.92 billion compared to the projected $8.89 billion.
Other business revenues for Alphabet in the third quarter were $388 million, surpassing the anticipated $377.9 million. The company's operating profit for the quarter was $28.52 billion, significantly higher than the expected $26.67 billion. Revenue excluding traffic acquisition costs was reported at $74.55 billion, above the forecasted $72.88 billion.#Alphabet #Google #FinancialResults #ThirdQuarter #Revenue #EarningsPerShare #GoogleCloud #AdvertisingRevenue #YouTube #OperatingProfit #QuarterlyPerformance
🚀 CME Group and Google Cloud Explore Tokenization to Enhance Market Efficiency
#CMGroup #GoogleCloud #Tokenization #MarketEfficiency #Blockchain #DigitalAssets #CapitalMarkets #FinancialInstruments #Settlement #Trading
According to CoinDesk, CME Group, a leading derivatives trading marketplace, is collaborating with U.S. tech giant Google Cloud to explore tokenization as a means to enhance capital market efficiency. The partnership will leverage Google Cloud's distributed ledger technology, with plans to initiate direct tests with market participants later this year and aim for new service launches in 2026. CME Group intends to utilize Google Cloud’s Universal Ledger, a programmable private network, to assess how digital asset infrastructure can streamline settlement and clearing processes.
This collaboration highlights the growing interest in tokenization, a trend that has captured the attention of both crypto firms and traditional financial institutions. Global asset managers and banks are increasingly investigating the use of blockchain technology to facilitate the movement of traditional financial instruments such as funds, bonds, and other securities. The goal is to achieve efficiency gains and enable faster, cheaper, and continuous settlements. Industry reports from BCG, McKinsey, and Bernstein suggest that tokenized assets could expand into a multitrillion-dollar market by the end of the decade.
Terry Duffy, CME Group Chairman and CEO, expressed enthusiasm about the partnership, stating, "As the President and new Administration have encouraged Congress to create landmark legislation for common-sense market structure, we are pleased to partner with Google Cloud to enable innovative solutions for low-cost, digital transfer of value." He further noted that Google Cloud's Universal Ledger has the potential to deliver significant efficiencies in collateral, margin, settlement, and fee payments as the world transitions to 24/7 trading.#CMGroup #GoogleCloud #Tokenization #MarketEfficiency #Blockchain #DigitalAssets #CapitalMarkets #FinancialInstruments #Settlement #Trading
🚀 OpenAI Partners with Google Cloud to Enhance Computing Capabilities
#OpenAI #GoogleCloud #AI #ComputingPower #Partnership #CloudComputing #AItraining #Infrastructure #Microsoft #Stargate
According to PANews, OpenAI is set to collaborate with Google Cloud, a subsidiary of Alphabet, to address its increasing demand for computing power. This unexpected partnership between two prominent competitors in the AI sector was confirmed by three sources. The agreement, which had been under discussion for several months, was finalized in May. This move highlights the substantial computing requirements necessary for training and deploying AI models, reshaping the competitive landscape in the AI industry. It also marks OpenAI's latest effort to diversify its computing resources beyond its primary supporter, Microsoft, including its notable Stargate data center project. Sources indicate that this collaboration is a significant win for Google's cloud division, as it will provide additional computing power to support OpenAI's existing infrastructure for training and operating its AI models.#OpenAI #GoogleCloud #AI #ComputingPower #Partnership #CloudComputing #AItraining #Infrastructure #Microsoft #Stargate
🚀 OpenAI to Utilize Google Cloud for ChatGPT Services
#OpenAI #GoogleCloud #ChatGPT #Microsoft #Azure #enterprise #education #API #technology #cloudservices
According to PANews, OpenAI has announced plans to operate ChatGPT on Google Cloud services. Previously reliant on Microsoft's Azure cloud services, this move marks a significant step as the company aims to reduce its dependence on Microsoft. As per OpenAI's 'sub-processor list,' Google Cloud will support ChatGPT's enterprise, education, team, and API services, catering to users in the United States, United Kingdom, Japan, Norway, and the Netherlands. Regular users may not notice whether they are accessing ChatGPT through Google Cloud.#OpenAI #GoogleCloud #ChatGPT #Microsoft #Azure #enterprise #education #API #technology #cloudservices
🚀 Blockchain Developers Face Unexpected Costs with Google Cloud's BigQuery
#Blockchain #GoogleCloud #BigQuery #Solana #Pricing #BillingIssues #CloudCosts #Refund #NFT #WhaleTransactions #DataAnalytics #AI #SOL
According to Cointelegraph, blockchain developers are expressing concerns over unexpected high charges from Google Cloud's BigQuery service. A notable incident involved a developer who received a $15,000 bill for conducting three queries. BigQuery, a serverless data warehouse by Google Cloud, is designed for analyzing large datasets using SQL and includes AI capabilities.
A pseudonymous developer, whose experience was shared by Mikko Ohtamaa, co-founder of the decentralized algorithmic trading protocol Trading Strategy, described BigQuery as a potential financial risk. The developer typically incurs a few hundred dollars in monthly charges but was shocked to receive an $18,000 bill. The charges stemmed from three queries on Solana, each costing over $5,000. After raising the issue with Google support, the charges were reduced to $4,000 per query.
Other members of the crypto community have echoed these concerns, criticizing what they perceive as predatory pricing practices that prevent setting monthly spending limits. Ermin Nurovic, co-founder of the Flat Money synthetic dollar protocol, highlighted the lack of hard stops, noting that a stuck Google Cloud function could lead to exorbitant costs.
The integration of Solana with Google Cloud’s BigQuery in October 2023 was intended to facilitate access to Solana blockchain data, such as whale transactions and NFT sales. However, the billing issues have raised concerns among developers. Another developer reported a $5,000 charge for a single query that inadvertently scanned multiple terabytes of data. Fortunately, their company’s local connection to Google allowed them to escalate the issue and secure a refund.
These incidents have led developers to exercise caution when querying blockchain data on BigQuery, emphasizing the need to check data partitions beforehand. The pricing model has also raised doubts about the feasibility of using BigQuery for AI algorithms, given the potential for unexpected costs.#Blockchain #GoogleCloud #BigQuery #Solana #Pricing #BillingIssues #CloudCosts #Refund #NFT #WhaleTransactions #DataAnalytics #AI #SOL
🚀 Google Cloud Introduces L1 Blockchain GCUL for Financial Infrastructure
#GoogleCloud #L1blockchain #GCUL #tokenizedassets #CME #Python #smartcontracts #onchaincurrency #financialinfrastructure #capitalmarkets #payments #privateTestnet
According to PANews, Google Cloud has launched the L1 blockchain GCUL, which will utilize Python-based smart contracts. The initiative aims to serve as a neutral financial infrastructure, offering 'native commercial bank on-chain currency,' round-the-clock capital market infrastructure, and payment and agency functions. The plan is to make it accessible to Google's extensive network, which includes billions of users and hundreds of institutional partners.
Currently, GCUL is in the private testnet phase. Earlier this year, a collaboration with the Chicago Mercantile Exchange (CME) was announced to pilot tokenized assets. More technical details are expected to be released in the coming months.#GoogleCloud #L1blockchain #GCUL #tokenizedassets #CME #Python #smartcontracts #onchaincurrency #financialinfrastructure #capitalmarkets #payments #privateTestnet
🚀 Swiss Banks Achieve Real-Time Settlement with Distributed Ledger Technology
#SwissBanks #RealTimeSettlement #DistributedLedgerTechnology #AminaBank #DeutscheBörse #CryptoFinanceGroup #GoogleCloud #UniversalLedger #FiatCurrencySettlement #Blockchain #CrossBorderPayments #FinancialInnovation #RegulatoryCompliance #POSIntegration #FinancialStability
According to PANews, Swiss compliant crypto bank Amina Bank and Deutsche Börse's Crypto Finance Group have successfully completed a real-time fiat currency settlement pilot on Google's Universal Ledger. This initiative enables 24/7 instant settlements while maintaining full compliance throughout the process. The pilot demonstrated the modernization potential of distributed ledger technology (DLT) in scenarios such as cross-border payments, multi-currency settlements, and POS systems, with all participating banks adhering to existing regulatory frameworks.
Amina Bank's CEO highlighted that the pilot proves that technological innovation can coexist with financial stability, offering a practical model for transforming the global financial system. As the currency operator for the pilot, Crypto Finance Group was responsible for setting transaction rules and overseeing compliance processes. A Google Cloud executive noted that this infrastructure can be integrated into banks' core systems to provide near real-time payment services to customers. The next phase of the pilot will expand into consumer POS integration and cross-border payment sectors.#SwissBanks #RealTimeSettlement #DistributedLedgerTechnology #AminaBank #DeutscheBörse #CryptoFinanceGroup #GoogleCloud #UniversalLedger #FiatCurrencySettlement #Blockchain #CrossBorderPayments #FinancialInnovation #RegulatoryCompliance #POSIntegration #FinancialStability
🚀 Swiss Banks Complete DLT Pilot for Real-Time Settlements
#SwissBanks #DLT #RealTimeSettlements #CryptoBank #GoogleCloud #DistributedLedgerTechnology #CryptoFinanceGroup #FiatCurrency #BankingInnovation #Blockchain #CrossBorderPayments #MultiCurrencySettlements #POSPayments #Web3 #TraditionalBanking #FinancialSystemTransformation
According to ChainCatcher, Swiss crypto bank Amina Bank, in collaboration with Crypto Finance Group and its partner banks, has successfully completed a distributed ledger technology (DLT) pilot using Google Cloud Universal Ledger. This initiative enables near real-time, 24/7 fiat currency settlements between Swiss regulated banks.
The pilot did not introduce any new digital currencies but continued to use traditional commercial bank funds. This demonstrates that DLT technology can seamlessly integrate with traditional banking systems within existing regulatory and compliance frameworks. Officials stated that this achievement lays the groundwork for future advancements in 'cross-border payments,' 'multi-currency settlements,' and 'point-of-sale (POS) integrated payments,' indicating a potential transformation of the traditional financial system towards Web3 and blockchain infrastructure.#SwissBanks #DLT #RealTimeSettlements #CryptoBank #GoogleCloud #DistributedLedgerTechnology #CryptoFinanceGroup #FiatCurrency #BankingInnovation #Blockchain #CrossBorderPayments #MultiCurrencySettlements #POSPayments #Web3 #TraditionalBanking #FinancialSystemTransformation
🚀 CME Group to Launch Tokenized Cash Product with Google Cloud in 2026
#CMEGroup #TokenizedCash #GoogleCloud #Cryptocurrency #ClearingOperations #UniversalLedger #NS3AI #2026
CME Group has revealed plans to introduce a tokenized cash product in partnership with Google Cloud, set for release in 2026. According to NS3.AI, this innovative product will leverage Google Cloud's Universal Ledger technology to facilitate the use of cryptocurrency collateral within CME's clearing operations. The collaboration aims to improve efficiency and integration between traditional clearing processes and the cryptocurrency markets.#CMEGroup #TokenizedCash #GoogleCloud #Cryptocurrency #ClearingOperations #UniversalLedger #NS3AI #2026
🚀 LayerZero Partners with Google Cloud to Explore AI Payment Solutions
#LayerZero #GoogleCloud #AIPayments #MicroPayments #AIApplications #FinancialTechnology #Blockchain #TechPartnership
LayerZero has announced a partnership with Google Cloud to explore ways for AI agents to conduct instant micro-payments and resource transactions without the need for bank accounts. According to Foresight News, this collaboration aims to leverage advanced technologies to streamline financial processes for AI applications.#LayerZero #GoogleCloud #AIPayments #MicroPayments #AIApplications #FinancialTechnology #Blockchain #TechPartnership
🚀 Psy Protocol Achieves Record 521,000 TPS on Proof-of-Work Network
#PsyProtocol #TPS #ProofOfWork #GoogleCloud #Decentralization #Security #Privacy #Blockchain #AI #Micropayments #ZeroKnowledgeProofs #Scaling #OpenSource #IndependentAuditing #AIeconomy #Bounty #CryptographicProofs
Psy Protocol has announced a significant achievement in decentralized system throughput, reaching 521,000 transactions per second (TPS) on its proof-of-work network. According to ChainCatcher, this test was supported by Google Cloud, with all transactions verifiable on-chain. The complete data and cryptographic proofs have been open-sourced for independent auditing.
The team emphasized that this milestone was achieved without compromising decentralization, security, or privacy. They have also offered a $100,000 bounty for anyone who can invalidate the results. Carter Feldman, the founder of Psy Protocol, stated, “This is not a testnet demonstration or theoretical calculation; every result is verifiable.”
The test highlights the infrastructure capabilities for future AI agent economies, enabling high-frequency micropayments, continuous clearing markets, and large-scale AI collaboration. Psy Protocol has overcome traditional blockchain throughput limitations through parallel state architecture, client-generated proofs, recursive zero-knowledge proofs, and horizontal scaling design.
The complete verification data and methodology have been open-sourced, allowing users to verify the results independently.#PsyProtocol #TPS #ProofOfWork #GoogleCloud #Decentralization #Security #Privacy #Blockchain #AI #Micropayments #ZeroKnowledgeProofs #Scaling #OpenSource #IndependentAuditing #AIeconomy #Bounty #CryptographicProofs
🚀 0G Labs Launches AI Accelerator with $20 Million Funding
#0GLabs #AIAccelerator #Funding #Blockchain #DecentralizedInfrastructure #StanfordUniversity #GoogleCloud #Privy #WalletSolutions #Stripe
0G Labs has announced the launch of the '0G Apollo Accelerator,' aimed at providing up to $20 million in funding to support the development and expansion of revenue-generating AI applications based on decentralized infrastructure. According to Odaily, this accelerator is established in collaboration with the Blockchain Builders Fund (BBF), which is part of Stanford University's blockchain ecosystem, including the Stanford Blockchain Accelerator, BASS, and MS&E 447 projects. The initiative also receives support from Google Cloud, offering each selected team $200,000 in cloud resources.
Additionally, Privy, a wallet infrastructure platform acquired by Stripe, will provide production-grade wallet solutions to the selected teams. This support is intended to equip projects with enterprise-level computing and infrastructure capabilities from the early stages.#0GLabs #AIAccelerator #Funding #Blockchain #DecentralizedInfrastructure #StanfordUniversity #GoogleCloud #Privy #WalletSolutions #Stripe
🚀 Alphabet's Class A Shares Receive Strong Buy Ratings Amid Growth Prospects
#Alphabet #ClassAShares #StrongBuy #GoogleCloud #AIproducts #AdvertisingRevenue #GrowthProspects #AnalystRatings
Alphabet's Class A shares have been given a unanimous strong buy recommendation by 44 analysts, with no sell ratings and an average 12-month target price of $351.82. According to NS3.AI, this optimistic outlook is driven by the growth of Google Cloud, the expansion of AI products, and a 9% year-over-year increase in advertising revenue.#Alphabet #ClassAShares #StrongBuy #GoogleCloud #AIproducts #AdvertisingRevenue #GrowthProspects #AnalystRatings
🚀 BMO Enables 24/7 Tokenized Cash Settlement via CME and Google Cloud
#BMO #tokenizedcash #CME #GoogleCloud #UniversalLedger #settlement #margin #collateral #B2Bpayments #institutionaltokenization #NS3AI #financialinnovation
BMO has announced that its clients can now convert dollars into tokenized cash and deposits on CME and Google Cloud's Universal Ledger. According to NS3.AI, this integration allows for 24/7 settlement of margin, collateral, and B2B payments, extending institutional access to tokenized settlement beyond traditional trading hours. BMO has described this rollout as a significant milestone in the adoption of institutional tokenization infrastructure.#BMO #tokenizedcash #CME #GoogleCloud #UniversalLedger #settlement #margin #collateral #B2Bpayments #institutionaltokenization #NS3AI #financialinnovation
🚀 Google Sets 2029 Deadline for Post-Quantum Cryptography Transition
#Google #PostQuantumCryptography #Deadline2029 #Blockchain #EllipticCurve #Android17 #Chrome #GoogleCloud #Ethereum #Bitcoin #CryptographyTransition #HardFork #DeveloperNetwork #BTC #ETH
Google has announced a 2029 deadline to transition its authentication services to post-quantum cryptography. According to NS3.AI, this move has intensified scrutiny on blockchains that continue to depend on elliptic-curve signatures. Android 17, Chrome, and Google Cloud have already implemented or support post-quantum protections. Ethereum has outlined an eight-year roadmap featuring weekly developer networks and four hard-fork milestones. In contrast, Bitcoin has yet to establish a coordinated migration plan.#Google #PostQuantumCryptography #Deadline2029 #Blockchain #EllipticCurve #Android17 #Chrome #GoogleCloud #Ethereum #Bitcoin #CryptographyTransition #HardFork #DeveloperNetwork #BTC #ETH
🚀 Tether Expands USAT to Celo, Enhancing Access for Opera MiniPay Users
#Tether #USAT #Celo #OperaMiniPay #Stablecoin #Blockchain #GoogleCloud #Cryptocurrency #Deloitte #DigitalPayments #CELO
Tether has extended its USAT stablecoin to the Celo blockchain, enabling access for Opera MiniPay's 14 million wallet users. According to NS3.AI, this expansion is supported by Google Cloud, which provides the necessary infrastructure for distribution. Additionally, a proof-of-humanity faucet allows verified users to access the token. Deloitte's initial attestation report for USAT revealed reserves of $17.6 million backing approximately $17.5 million in tokens as of January 31.#Tether #USAT #Celo #OperaMiniPay #Stablecoin #Blockchain #GoogleCloud #Cryptocurrency #Deloitte #DigitalPayments #CELO