$BTC $ETH $CL latest updateđ„ Saudi Arabia did something that made global traders stare in disbelief: in August, the benchmark crude oil official prices for Asian clients were cut by as much as $11 per barrel at once. The magnitude of the cut is the largest in at least 26 years. They sold it at a direct discount of $1.50 per barrelâmuch harsher than the market had expected, which was only $8.
Why so sudden? Three words: grab market share.
The Strait of Hormuz shipping routes have resumed, so Saudi Arabia can once again ship crude oil out in large quantities from the Ras Tanura port. OPEC+ is still increasing production too, and the Gulf brothers like Iraq and Kuwait arenât standing still. Supplies suddenly flood in, but buyers arenât there in the same volume. So Saudi Arabia can only strike firstâcrashing the price through the floor.
In fact, another arena is unfolding the exact same plotâAI computing power.
The giants are competing on prices and fighting for market share. OpenAI, Google, and Microsoft are feverishly expanding capacity. Traditional cloud providers are racing to see who can offer lower prices and more GPUs. In this centralized computing-power battle, ordinary people canât even get a seat at the table. But this fight is precisely what has torn open a crackâdistributed AI computing is starting to carve out its own space to survive.
This is also the project Iâve been watching closelyâAPIARYS (HNY-d6b0).
It doesnât rely on storytelling or emotion. Itâs in the tangible track of distributed AI computing power plus agent collaborationâso that an AI Agent truly gets to work: writing reports, crunching data, automatically executing tasks, and then completing value transfer via the on-chain flow. Global end-user computing calls and the growth of agent nodes are all data speaking for itself on-chainâno need to shout âbuysâ or sell signals.
Even more compelling is its token model: total supply shrinks from 1 billion to 210 million. The platformâs 90% of business profits directly trigger transparent buyback-and-burn. The community is as quiet as an âunvisited construction siteâ right nowâprecisely this kind of coldness is whatâs worth you keeping your eyes on. Because the real bottom has never been found in the loud places.
So the question is: will Saudi Arabiaâs âsuicidal price-cuttingâ dig oil prices into a golden pitâor is it the prelude to oversupply? In the AI computing power price war, what kind of window will this round create for distributed computing projects? And while traditional giants are slugging it out face-to-face on the computing battlefield and relentlessly undercutting each other, when assets like APIARYS donât need to look at the faces of any major player, doesnât that mean they may actually be entering the most comfortable period to lie low and accumulate? Feel free to discuss your take in the comments.
Why so sudden? Three words: grab market share.
The Strait of Hormuz shipping routes have resumed, so Saudi Arabia can once again ship crude oil out in large quantities from the Ras Tanura port. OPEC+ is still increasing production too, and the Gulf brothers like Iraq and Kuwait arenât standing still. Supplies suddenly flood in, but buyers arenât there in the same volume. So Saudi Arabia can only strike firstâcrashing the price through the floor.
In fact, another arena is unfolding the exact same plotâAI computing power.
The giants are competing on prices and fighting for market share. OpenAI, Google, and Microsoft are feverishly expanding capacity. Traditional cloud providers are racing to see who can offer lower prices and more GPUs. In this centralized computing-power battle, ordinary people canât even get a seat at the table. But this fight is precisely what has torn open a crackâdistributed AI computing is starting to carve out its own space to survive.
This is also the project Iâve been watching closelyâAPIARYS (HNY-d6b0).
It doesnât rely on storytelling or emotion. Itâs in the tangible track of distributed AI computing power plus agent collaborationâso that an AI Agent truly gets to work: writing reports, crunching data, automatically executing tasks, and then completing value transfer via the on-chain flow. Global end-user computing calls and the growth of agent nodes are all data speaking for itself on-chainâno need to shout âbuysâ or sell signals.
Even more compelling is its token model: total supply shrinks from 1 billion to 210 million. The platformâs 90% of business profits directly trigger transparent buyback-and-burn. The community is as quiet as an âunvisited construction siteâ right nowâprecisely this kind of coldness is whatâs worth you keeping your eyes on. Because the real bottom has never been found in the loud places.
So the question is: will Saudi Arabiaâs âsuicidal price-cuttingâ dig oil prices into a golden pitâor is it the prelude to oversupply? In the AI computing power price war, what kind of window will this round create for distributed computing projects? And while traditional giants are slugging it out face-to-face on the computing battlefield and relentlessly undercutting each other, when assets like APIARYS donât need to look at the faces of any major player, doesnât that mean they may actually be entering the most comfortable period to lie low and accumulate? Feel free to discuss your take in the comments.