Nebula AI —October AMA Monthly Report

Nebula-AI
Nebula-AI
Nov 5 · 4 min read

Nebula AI hosted the October AMA session on November 2th. CEO, Charles Cao updated community members with project and business progress, as well as answered questions from the community.

Product Progress

Design Component Libra — A bare metal server manager

This component is mainly for data center services, providing remote operation services of physical machines.

Moved notebook, Cygnus to data center.

Notebook and Cygnus services are now fully moved to the data center. The speed of the Nebula AI service is now the same as Amazon.

Working on adding bandwidth and data usage in meter

In addition to the GPU and CPU charging modules, billing modules for data bandwidth and traffic charges are under development.

Dedicated server hosting testing

Dedicated server hosting entered the machine test phase.

Setup internal service monitoring tools

This tool will monitor the health of Nebula AI services, such as Notebook and Cygnus, and alert users if there are unexpected conditions that causes the service fail.

Add stop instance function in GPU calculation

Now, users can manually interrupt the ongoing GPU computing and stop billing.

Working on NBAI output block half decrease

According to White paper, block awards will be halved and the specific date will be announced within three weeks. It is expected that it will be carried out in December.

Business Progress

Working with Tuninsight AI to provide AI medical cloud solutions

Nebula AI has partnered with Montreal-based artificial intelligence company Tuninsight to integrate AI solutions.

Tuninsight is the first AI company that integrating AI solution with us, and in the recent future, there will be more AI algorithm companies to integrate with us as a whole solution for provide services to customer companies to enhance the artificial intelligence service.

Traveled to San Francisco, get 3 potential leads.

Nebula Ai’s trip to California is very smooth. Currently, there are three Silicon Valley companies that have become potential partners with us. More progress and details will continue to be followed in future AMA reports.

HPE enterprise partnership received

We became HPE enterprise partner. From now on we are official HPE software vendor.

Contacted exchanges in Toronto.

Working with Timechain again for our blockchain wallet solution

We will work with Timechain to develop the service of digital wallet.

First payment to our cloud hosting solutions received

We have signed the first contract for a cloud hosting solution and have received a down payment for the order.

Revenue increased by 20% compare to last month

Today, Nebula AI’s monthly revenue has reached the $20,000 in October which mentioned in the September AMA report, and the November target is $30,000.

Estructure data center collaboration setup

Next step, we’re going to promote the cooperation with more East Coast and US data centers.

Future Plans

Setup San Francisco office in November

Move 3 customers from AWS to Nebula AI Cloud

In November we plan to complete the service migration of three customers to help them migrate their current work on AWS to the Nebula AI cloud.

2019 Hangzhou talent project explorer and Hangzhou visit

Nebula AI was invited to participate in the introduction of talents projects in Hangzhou, China. We will encounter many blockchains and AI potential partners, and many participants have already contacted with us. During China trip, Charles Cao will visit six cities in China and talk with the CEOs and managers of 20 companies.We hope to bring fruitful results. We are looking forward to this trip because China encourages the development of blockchain technology.

Q&A

Q:Can you tell us about the progress of AI quantification?

A:The AI quantification aspect has been basically completed. We are now conducting in-house intensive testing. After that, the Xiamen branch will carry out collective integration, it will be completed before the end of November.

Q: We have increased the price of the service, so how much advantage does our price have compared to AWS?

A: We are still 70% cheaper than them. The main reason is that our work is more focused. Unlike AWS, the AWS service model is large and comprehensive, which leads to you have to pay for the services that you will not use. These services you won’t use also require the cost of hardware, backup, developers, and business support. We focus on AI Cloud, which can help us to save a lot of unnecessary costs for users.

Nebula AI is a Montreal based decentralized blockchain platform integrated with Artificial intelligence and sharing economics.

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