This document summarizes research on load balancing algorithms for cloud resource allocation. It proposes a new LoadAwareDistributor algorithm that prioritizes virtual machines with lower CPU utilization to improve efficiency. A literature review covers existing load balancing techniques and their goals. The proposed algorithm is evaluated through simulation and shown to improve metrics like VM utilization and task completion time over round-robin methods. The study advocates for future algorithm advances incorporating machine learning to better address dynamic load balancing challenges in cloud computing environments.