Theta Network Launches EdgeCloud, the First Hybrid Cloud-Edge Computing Platform for AI, Video and Rendering [Yahoo! Finance]
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Source: Yahoo! Finance
LOS ANGELES - May 1st, 2024 - Theta Network, the leading blockchain decentralized cloud for AI, media and entertainment, is excited to announce the launch of Theta EdgeCloud, the first hybrid computing platform for AI, video and rendering applications. Theta's new hybrid cloud-edge computing platform arrives at a critical point, driven by three major industry trends: the widespread adoption of AI across various sectors, forecasted to grow tenfold by 2030; the exponential rise in global video and 3D rendering demand, notably for high-resolution content; and the increasing necessity for modular infrastructure compute services to manage the surge in computation data. Theta EdgeCloud harnesses the untapped potential of thousands of distributed CPU and GPU nodes worldwide, alongside a sophisticated cloud-based architecture. By optimizing the price-to-performance ratio across these nodes, Theta aims to democratize access to high-performance computing resources, fostering innovation and
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