← Cloud Decentralization

Airbnb for cloud compute — 95% of data center capacity sits unused

WCEF 2022: Infrastructure for the New Internet - Web3 (World Crypto Economic Forum (WCEF))

“Akash was founded about four years ago with an idea of creating an Airbnb for cloud compute. What that means is there’s enormous amount of cloud-grade compute sitting in data centers across the world that is underutilized — about 95% of which is not used — and on the other hand we have this crazy demand for cloud with prices only going up.” — 00:07:52

Context: His panel introduction; adds Akash is “one of the fastest growing clouds in the world” at 25M total gigabyte-hours, 3.5M in the last month.

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