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Sui Partners Google Cloud To Enhance Web3 & AI Initiatives – Crypto News

Published

1 year ago

April 30, 2024

Dripp

Sui, the Layer 1 blockchain and smart contract platform, has made a groundbreaking move in the crypto world by announcing its partnership with Google Cloud. This strategic alliance, which has sparked widespread interest, sees the Layer 1 and Google Cloud teaming up to drive global Web3 innovation.

Riding along the collaborative efforts of Mysten Labs, Sui’s collaboration with Google Cloud aims to enhance security, scalability, and AI capabilities across a range of Web3 and AI-powered applications. SUI, the native token of the Sui blockchain, further reflects hope for a substantial rebound in price with the merger between the two entities weighing in.

A Closer Look Into Sui’s Collaboration With Google Cloud

In an official statement released today, April 30, Google Cloud drew vital attention to key initiatives the merger brings. These included Data-Driven dApps, AI-enhanced development, offering seamless user experiences, and a robust and scalable infrastructure.

Let’s delve deeper into these initiatives.

Data-Driven dApps

Google Cloud is stepping up its commitment to bolstering Sui’s development by amalgamating Sui blockchain data into BigQuery public datasets. This offers developers robust analytical tools, streamlining fresh insights and groundbreaking dApp possibilities.

AI-Enhanced Development

Meanwhile, Sui trained Google Cloud’s generative AI platform Vertex AI on the Move programming language to aid Web3 developers in debugging and augmenting code generation.

Mysten Labs, the developer of Sui, curated a new AI-based code auditing tool using Google Cloud’s AI and Cloud capabilities. This tool identifies security vulnerabilities in Rust, Move, Typescript, and Solidity, promptly enabling security efforts to weed out and improve vulnerable codes.

Streamlining User Experience

Sui’s zkLogin technology is a notable demonstration of what the collaboration could potentially offer to the community. Bridging the gap between some traditional (Web2) and decentralized (Web3) applications, the merger between Sui and Google underscores an undeterred commitment to offering a seamless user experience.

Facilitating A Robust and Scalable Infrastructure

Additionally, Sui harnessed Google Cloud’s globally scalable infrastructure to fortify its network’s security and high transaction throughput. This integration further guarantees exceptional performance and effortless scalability.

Collectively, the developmental endeavors mentioned in the announcement fueled immense optimism among crypto market participants surrounding Sui’s cryptographic venture. “Collaborating with Google Cloud helps us propel the development of secure, scalable, and user-centric Web3 experiences,” Evan Cheng, CEO and co-founder of Mysten Labs, added.

In addition, Amit Zavery, Vice President and general manager at Google Cloud, stated, “We are committed to supporting Web3 innovation with our secure cloud infrastructure and AI capabilities.”

Also Read: How Will Bitcoin Price React To FOMC Meeting?

SUI Price Slips, A Recovery Ahead?

As of writing, SUI’s price has slipped 5.78% in the past 24 hours and is currently at $1.12. The token’s fall today, defying broader market trends of a slightly bolstered movement today, has birthed a tsunami of bearish sentiments among crypto market traders and investors globally.

Nonetheless, with the abovementioned partnership weighing in, a bolstered price action for the token may lie ahead as the blockchain company further revolutionizes its Web3 journey.

Also Read: $150B Liquidated, Why Bitcoin Price Is Falling Sharply Today?