Crypto News- DWF Labs is thrilled to announce a $1 million commitment to the cutting-edge Theta Edgecloud within the Theta Labs ecosystem. Theta Edgecloud, a revolutionary hybrid cloud computing platform, redefines the landscape by integrating fully distributed edge architecture to meet the diverse computing needs of video, 3D rendering, AI, and more.
DWF Labs Commits 1 Million Dollars to Advance the Hybrid Cloud Computing Ecosystem of Theta Edgecloud
This strategic investment by DWF Labs reflects our keen interest in shaping the future of integrated digital media solutions, particularly at the intersection of blockchain, video, and AI. Theta Edgecloud’s hybrid model offers unparalleled flexibility for large enterprises, SMBs, and individuals, aiming to provide cost savings of ⅕ to ⅓ compared to major cloud providers like Microsoft Azure, AWS, or Google Cloud.
Powered by a vast network of distributed edge nodes, ThetaVideoAPI showcases the platform’s capability in handling GPU-intensive computing tasks, optimizing video rendering, encoding, and streaming at scale while elevating performance and quality.
Theta Labs aims to lead the industry in integrating cloud-hosting with distributed edge computing architecture to address the growing global demand for processing power in video, AI, scientific research, and finance.
DWF Labs investment underscores our confidence in Theta’s potential to revolutionize the consumption and delivery of video, media, and AI services worldwide. We eagerly anticipate supporting Theta’s vision of a more interconnected and efficient digital world.
Theta EdgeCloud will unveil new phases of this initiative in 2024, inviting enterprises and interested parties to explore its transformative potential.
About DWF Labs:
DWF Labs is a global digital asset market maker and multi-stage web3 investment firm, engaging in high-frequency cryptocurrency trading on over 60 top exchanges.
About Theta Labs:
Theta Labs pioneered Theta Network, a next-gen video, AI, and entertainment blockchain, and ThetaDrop NFT marketplace. Theta’s Web3 infrastructure empowers media and entertainment companies, offering a decentralized video API with lower transcoding, storage, and content delivery costs. Strategic investors include Samsung NEXT, Sony Innovation Fund, and other leading entities.
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