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Amazon To Offer OpenAI Models On Bedrock & SageMaker For First Time, Ending Microsoft’s Exclusive Cloud Resale; Aims To Boost AWS AI ToolChoice Amid Rivalry Concerns AWS Rev +17% To $30.9B In Q2; Partners Include Anthropic ($8B Invest); New Claude Model Also Launching; AndyJassy

"megaeth's approach to ecosystem building doesn't work because the bigger a project becomes, the stronger their incentive is to leave the chain." First, let’s separate two ideas - “ecosystem building” refers to incubation, while “apps leaving the chain” falls under the appchain thesis. They’re related, but not the same. Incubation succeeds if the apps being incubated succeed, full stop. It’s still early for Megaeth and GTE, but honestly the bar is low. Most ecosystems are filled with junk and near-zero compelling apps. Megaeth actually seems on a solid path. Now, the appchain maxi thesis. It's a trap. This idea of “basic human incentives” gets stretched to fit more situations than it should. By that logic, every app on AWS has an incentive to own its full stack and ditch AWS. And yet they don’t. Cloud compute is commoditized, just like blockchain compute is right? Let’s play devil’s advocate. If you come from cloud infra, you’ve probably heard about Dropbox "moving off AWS". That example gets cited constantly to support multi-cloud or hybrid-cloud arguments. But here’s the reality - Dropbox, which used AWS in the most basic way (just storage), took 8 FULL YEARS of (I'd say moonshot) growth before migrating even a portion of its workloads. And they still didn’t move everything. Meanwhile, Netflix has used AWS for 17 years and is still a major contributor to its $100B+ in annual revenue. Bit far from zero.

RT @futexlabs: Got upgraded on my flight to NYC this morning and everyone in 1st class was using @developer_dao Cloud's low latency RPC ser…

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Cloud providers are building billion-dollar data centers to meet AI demand. Consumer GPUs already have more collective power than any single data center. #DePIN just connects the dots.