Page Speed Service is the latest tool in Google's arsenal to help speed up the web. This service is also their most ambitious yet. When you sign up and point your site's DNS entry to Google, they'll enable the tool which will fetch your content from your servers, rewrite your webpages, and serve them up from Google's own servers around the world. Yes, you read all of that correctly.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/cfUcILvQCQs/
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