Latest news with #Morphware
Reuters
5 days ago
- Business
- Reuters
Morphware Expands to UAE, Strengthening Its Position in Sustainable AI and Decentralized Computing
ABU DHABI, United Arab Emirates, August 11, 2025 (EZ Newswire) -- Morphware, opens new tab (XMW, opens new tab), a leader in sustainable, decentralized computing, has announced its expansion into Abu Dhabi, adding the UAE to its existing hub in Paraguay. The move marks a significant step in the company's mission to build a global network of high-performance, eco-friendly AI infrastructure. A Strategic Gateway to Global Growth Abu Dhabi's combination of cutting-edge infrastructure, forward-looking regulation, and strong government investment in technology makes it a prime location for Morphware's next chapter. The UAE has positioned itself as a global hub for AI innovation and blockchain adoption, offering fertile ground for Morphware's vision of connecting sustainable energy, advanced AI computing, and decentralized networks. 'This expansion isn't just about geography—it's about connecting the dots between sustainable energy, advanced AI compute, and decentralized infrastructure on a global scale,' said Kenso Trabing, founder of Morphware. 'Abu Dhabi offers the perfect environment to scale our vision for accessible, eco-friendly AI and mining operations.' A Proven Model of Sustainable AI Infrastructure Morphware operates on a hybrid model that balances stable Bitcoin mining returns with high-potential AI services. Powered by best-in-class NVIDIA H200 and B200 GPUs, the company already runs over 600 miners, generating consistent revenue while offering competitively priced AI and machine learning compute. In Paraguay, Morphware has leveraged 100% hydroelectric power from the Itaipu Dam to fuel both AI workloads and mining operations—proving the viability of sustainable compute infrastructure in emerging markets. The UAE expansion complements this model by tapping into the region's advanced data center capabilities and government-backed AI initiatives. Security and Decentralization at the Core Beyond raw computing power, Morphware focuses on privacy and integrity through blockchain-based security systems, including homomorphic encryption. This ensures that data can be processed without ever being exposed—an essential feature for enterprises and governments handling sensitive information. By building a decentralized network of compute hubs, Morphware is positioning itself as a cost-effective alternative to centralized cloud giants, while offering stronger data sovereignty and energy efficiency. Future Outlook The long-term plan is to interconnect Morphware's hubs in Paraguay and Abu Dhabi into a unified, decentralized supercomputing network. This would provide clients worldwide with access to sustainable, high-performance AI infrastructure at a fraction of traditional costs. More Than Just an Expansion Morphware's move into Abu Dhabi represents more than geographic growth—it's a calculated leap toward creating a global standard for sustainable AI infrastructure. By blending renewable energy, advanced GPU power, and blockchain security, Morphware is setting the stage for a future where AI is both accessible and environmentally responsible. About Morphware Founded in 2021, Morphware is revolutionizing the AI and blockchain industries through sustainable, decentralized compute infrastructure. With operations in the U.S., Paraguay, and the UAE, the company leverages renewable energy, advanced NVIDIA GPUs, and blockchain-based privacy protections to deliver secure, scalable AI and mining solutions. Morphware's hybrid model fuels innovation by combining stable Bitcoin mining returns with high-growth AI services, positioning the company at the forefront of the decentralized AI revolution. For more information, visit opens new tab or follow us on X, opens new tab and LinkedIn, opens new tab. Media Contact Kenso Trabing Kenso@ ### SOURCE: Morphware Copyright 2025 EZ Newswire See release on EZ Newswire
Yahoo
04-04-2025
- Business
- Yahoo
New company's revolutionary approach could transform the cryptocurrency industry: 'A new paradigm'
Around the world, cryptocurrencies continue to grow in popularity. Enthusiasts tout it as the gold standard of the future and believe that countries and even individuals who don't embrace it will be left behind. But the new technology comes with a dark side. Mining cryptocurrency can be an energy-intensive practice with devastating environmental effects. A company called Morphware is trying to change that. According to USA Today, Morphware is using clean energy to power its cryptocurrency mining and artificial intelligence operations. The company is based out of Paraguay. The South American country has vast amounts of hydroelectric power produced by the Itaipu Dam. As of now, Morphware is powering all of its AI and cryptomining operations with power from the dam. A focus on renewable energy sources is a welcome step in the right direction for the cryptocurrency industry. According to EnergyStar, a single crypto transaction can require more energy than it takes to power six houses for an entire day in the United States. This can put a significant strain on our energy grids. It can also contribute to rising costs for businesses as well as individual consumers as the demand for energy increases. What's more, a cryptomining operation depends on dirty fuels such as oil and gas, and vast quantities of health-harming, planet-warming pollution can enter the atmosphere. Fortunately, Morphware is among the major players in cryptocurrency and AI to take action to mitigate the negative effects of the sectors. For example, the cryptocurrency network Ethereum lowered its energy usage by more than 99% by switching to a proof-of-stake system, which doesn't require energy-intensive computational puzzle solving. And similar to Morphware, a company called Lightchain AI recently launched with a commitment to prioritizing sustainable energy along with efficiency. Morphware founder Kenso Trabing was enthusiastic about the future of his company, which also leverages AI to address "data security and result integrity" concerns — all while supporting economic growth. "Morphware's hybrid model of combining Bitcoin mining with AI services represents a new paradigm in sustainable technology deployment," Trabing told USA Today. "It's a blueprint for how tech companies can drive innovation while contributing to local economic development." Do you think America could ever go zero-waste? Never Not anytime soon Maybe in some states Definitely Click your choice to see results and speak your mind. Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet.
