Akash Network Founder Reveals Unexpected AI Energy Crisis Driving Decentralized Cloud Adoption

Akash Network (CRYPTO: AKT AKT - $1.113 founder Greg Osuri on Wednesday revealed an unexpected driver behind the increasing adoption of decentralized cloud solutions: a looming energy crisis related to the intensive computing demands of artificial intelligence. While Akash Network was initially conceived as a decentralized alternative to traditional cloud providers, Osuri told Benzinga in an interview unforeseen challenges around energy capacity are now pushing its use into new, vital territories.

Source: benzinga.com

Related symbols: AKTUSD

2025-01-15 20:29:03 GMT.

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Price & Market Data

Price: $1.113

Volume 24h: $9,258,893.42

Market Cap: $276,296,129.38

Description

Akash Network (AKT) is a cryptocurrency . Akash Network has a current supply of 248,285,800.802151 with 248,285,794.661141 in circulation. The last known price of Akash Network is 1.12172781 USD and is up 1.52 over the last 24 hours. It is currently trading on 124 active market(s) with $9,121,192.79 traded over the last 24 hours. More information can be found at https://akash.network.