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Apple wants AI to run directly on its hardware instead of in the cloud
(arstechnica.com)
This is a most excellent place for technology news and articles.
Most of that's on any half decent commercial server. You're right there's definitely some differences though.
I actually worked on our corporate move from private servers (main, backup and dr) to Azure cloud which had the only two server locations (melb and Sydney) and the mythology around cloud seemed a bit much