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As the other crypto coins are in a mess following macroeconomic occurrences, a coin is running away with events. Grass token has maintained its three-day rally, reaching its new all-time high on February 23 when network activity volumes on the site increased. The token hit a price of $2.10, which marks a 122% increase compared to its year-to-date lowest price, while its market value is over $500 million. The rate increase follows the dramatic surge of daily scraped data. For the first time, it hit 1 million gigabytes on February 15, setting a record high at 1.32 million gigabytes on Wednesday—a colossus leap from meager 2,600 gigabytes in the first half of this year. In its entire history, Grass has crawled 4.47 billion URLs and scraped data from 109.7 million IPs, expanding its network capacity. The latest Grass Sion update also included the improvements, which maximized the effectiveness of scraping, provided scale to horizontal compute, and doubled network process capacity to 1 petabyte per day. Grass Sion Upgrade– Network upgrade that significantly enhances @getgrass_io network's capability to scrape and process multimodal web data (text, images, and 4K video) at scale.– Improved scraping algorithms without additional compute, leading to a major increase in data… pic.twitter.com/yE6ZFU5VMB — R (@Ren_gmi) February 6, 2025 Strategic Enhancements and Roadmap Token users increased from a small 200,000 post-2024 to almost 3 million. So this would push the company to make more Sion updates for 2025. Grass token’s next Sion update would be included in the master plan. Apart from the Sion Update, the company would also create a Chrome extension so that users have an easy path towards features, and even come out with an independent web application. Price Outlook: Bullish Momentum Continues Source: Twitter Technically, the GRASS token jumped above the 25-day moving average, indicating strength. Megaphone pattern creation—delineated by diverging trendlines—represents possible further appreciation. A breakout above significant resistance at $2.30 can push the token to its all-time high price of $3.9170, a 96% hike from levels currently. But if prices fall below $1.60, the bull thesis is shattered. With rising adoption and ongoing network upgrades, Grass is a token to monitor in data scraping land. The post Grass Token Rises as Data Scraping Reaches Record Highs appeared first on Coinfomania.

Google Cloud Retrenches Nearly 100 Staff Google has cut about 100 positions in its cloud division, primarily affecting sales operations, as part of a strategic shift to reallocate resources toward AI and business growth, according to sources familiar with the matter. A Google spokesperson stated that the company continues to adjust its workforce to align with customer needs and future opportunities. The spokesperson said: “As teams have been doing across the company, we’re making changes to continue to invest in areas that are critical to our business and ensure our long-term success.” Google Cuts Jobs in Cloud Division Amid Strategic Reshuffling Alphabet's Google has laid off employees in its cloud division, Bloomberg reports. The exact number of affected workers remains undisclosed, but the cuts impact only select teams. Google has yet to comment on the… pic.twitter.com/QekwEjP2Lj — AIForge (@TheAIForge) February 26, 2025 The move follows slower growth in Google’s cloud business and significant AI-related investments. Earlier this month, Alphabet fell short of analysts' cloud revenue projections, while its 2025 capital expenditure forecast exceeded expectations, highlighting the company’s evolving priorities. Google Cloud Layoffs Not the First Google’s latest cloud workforce reductions follow a series of restructuring efforts across the company. Alphabet cuts fewer than 100 cloud sales jobs to shift focus to AI and key investments. Cloud growth slowed, Q4 revenue missed expectations. Tech giants, including Amazon and Meta, continue layoffs to fund AI without hitting profits. pic.twitter.com/jREHDL2v7A — 智通财经 (@ZHITONGCAIJING) February 27, 2025 In January, it introduced a “voluntary exit programme” for employees in its Platforms and Devices unit, which merged its Pixel hardware and Android software teams in 2024. Throughout the year, Google has made gradual workforce cuts as part of a broader reorganisation. The cloud layoffs reflect a broader trend in the tech industry, where companies like Amazon, Meta, Salesforce, and Microsoft are trimming corporate roles or shifting to lower-cost international labour. With mounting pressure to invest in AI without jeopardising profits, Google continues to prioritise its cloud division as a key growth driver. During its February earnings call, Alphabet CFO Anat Ashkenazi reaffirmed that the company expects "some headcount growth in 2025 in key investment areas such as AI and cloud."

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