2024-05-01
Theta Network, the leading blockchain decentralized cloud for AI, media and entertainment, gets excited, May 1, 2024 (Globe Newswire) — 
Los Angeles – May 1, 2024 – Theta Network, the leading blockchain decentralized cloud for AI, media, and entertainment, is pleased 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 has reached a critical point, driven by three key industry trends. Rapid increase in global video and 3D rendering demand, especially high-definition content. And the need for modular infrastructure computing services to manage the proliferation of computational data is growing.
Theta EdgeCloud leverages the untapped potential of thousands of globally distributed CPU and GPU nodes with a sophisticated cloud-based architecture. By optimizing the price-performance ratio across these nodes, Theta aims to democratize access to high-performance computing resources and drive innovation and efficiency across multiple industries and creative endeavors. That's what I'm aiming for.
EdgeCloud is one of the world's largest hybrid edge cloud computing networks, powered by high-performance cloud-based Nvidia A100, V100, and T4 GPUs from partners like Google Cloud and Theta's distributed network of more than 10,000 global edge nodes. I will act as a bridge. Theta's edge network is comprised of one of the largest distributed GPU computing power clusters in the world today. High-performance GPUs such as Nvidia 3090-4090 (approximately 1000 nodes) deliver 36,392 TFLOPS. A mid-tier GPU (approximately 2000 nodes) delivers 28,145 TFLOPS. A low-end GPU (around 7000 nodes) delivers an additional 13,002 TFLOPS. This totals about 77,538 TFLOPS, or about 80 PetaFLOPS today, roughly equivalent to his 250 NVIDIA A100s available at any given time.
“The overall market for computing services is expected to grow significantly over the next decade, driven by AI applications across many industries. Enterprise spending on cloud infrastructure services will reach nearly $74 billion in 2023; It’s clear that generative AI is one of the key drivers.” We are launching the first hybrid cloud edge AI, leveraging the largest distributed GPU network and the leading Web3 community for AI, media, and entertainment. We're excited to launch our computing platform. ” Mitch Liu, co-founder and CEO of Theta Network, said:
First global hybrid edge cloud AI network
EdgeCloud provides the world-class edge network and cloud-based GPU infrastructure needed to run today's largest AI models. Chatbots and other large-scale language models like ChatGPT are compute-intensive, but new generative AI models like text-to-video, text-to-3D, and sketch-to-3D require 10 to 100 times more computing power. will do. EdgeCloud's combined GPU computing power is enough to run 300-1000+ AI models simultaneously, and holds the key to global GPU computing, perhaps the world's most valuable and disruptive asset. Masu.
At launch, AI developers can immediately select and deploy popular generative and large-scale language models such as Stable Diffusion, Llama 2, Mistral, and many other open source AI models, as well as create their own custom models. You can also deploy . EdgeCloud provides these users with instant access to key GPU resources, including NVIDIA A100, V100, T4, and other GPUs, with dashboards and metrics for a variety of business use cases. EdgeCloud launches with approximately 12 of the most popular open source AI models in the industry with millions of downloads.
- LLM: Mistral-8x7B, Mistral-7B, Google Gemma-7B, Meta Llama-2—7B
- Image generation: Stable Diffusion XL (SDXL) Turbo, ControlNet
- Text to Video: Steady Video Spreading
- Speech recognition: OpenAI Whisper
- Code generation: CodeLlama
Later this year, Theta plans to launch a hybrid cloud distributed GPU marketplace fully integrated into the EdgeCloud platform. This integration gives AI developers and enterprises alike an easy way to train, fine-tune, and deploy both open source and custom models across cloud partners, distributed GPU edge nodes, and other data center partners. Provides point-and-click functionality.
Generative AI Showcase and Jupyter Notebook support
EdgeCloud also features a Generative AI Showcase that allows end users and community members to freely interact with multiple GenAI models. This provides a great trial experience and an opportunity to see how new AI applications can be built on the platform.
EdgeCloud provides out-of-the-box support for Jupyter Notebook, a web-based interactive computing and coding tool essential for AI model development. Customers and partners can start using the platform right away with full Stripe payments integration, and TFUEL payments support will be added soon.
About Theta Lab
Theta Labs Pioneer theta networkthe leading blockchain decentralized cloud for AI, media, and entertainment. theta edge cloud is the first hybrid cloud edge computing AI platform powered by Theta Edge Network with over 10,000 active global edge nodes and 80 PetaFLOPS of distributed GPU computing power available at any given time. Theta is among the top 10 DePIN blockchains by market capitalization. Coin market capitalization and coin geckoand among the top AI Token on Binance.com. Theta Video API is a turnkey Web3 video API for developers that dramatically reduces the cost of video transcoding and content delivery. Theta's Web3 infrastructure includes: theta drop NFT marketplace and Theta Web3 Theater Enabling entertainment companies to drive new revenue and community engagement.
Backed by Google, Samsung, Sony, Creative Artists Agency, and Binance, Theta's Enterprise Verification and Governance Council is comprised of global market leaders. Theta partners with major entertainment brands including Lionsgate, MGM, Katy Perry, American Idol, The Price is Right, Taste of Home, and more. Popular platforms that utilize Theta's Web3 infrastructure include MetaCannes Film3 Festival, FuseTV, CONtv Anime, WPT, PetCollective, FailArmy, and his other OTT streaming services. Theta's strategic corporate investors include: samsung next, sony innovation fund, Bertelsmann Digital Media Investment and CAA.
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For all information regarding this release, please contact us below. marco.lucchesini@eakdigital.com.
CONTACT: Marco Lucchesini marco.lucchesini at eakdigital.com
