In late August, $FET experienced a notable surge in buying volume, primarily driven by two key groups: Smart Money (SM) and Whales. This spike in activity led to a brief price increase of over 10%, though the price has since corrected back down. Meanwhile, @HMsheikh4, CEO of $FET (FetchAI) and chairman of the ASI Alliance, recently shared his vision for the future of cloud infrastructure and AI in an interview with Cointelegraph. During the Q&A, Sheikh discussed the growing vulnerabilities of centralized cloud services such as AWS, Google Cloud, and Microsoft Azure. He pointed out that these platforms are increasingly
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