CDS Crypto News DWF Labs Commits 1 Million Dollars to Advance the Hybrid Cloud Computing Ecosystem of Theta Edgecloud

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DWF Labs Commits 1 Million Dollars to Advance the Hybrid Cloud Computing Ecosystem of Theta Edgecloud

DWF Labs has invested $1 million in Theta Edgecloud, a hybrid cloud computing platform by Theta Labs, aiming to revolutionize video, AI, and entertainment blockchain technologies, offering cost-efficient solutions and enhanced performance.

Ecem EFE06/12/20231 Mins read460

Dwf Labs Commits 1 Million Dollars To Advance The Hybrid Cloud Computing Ecosystem Of Theta Edgecloud

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.

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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.

Sources:medium

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Ecem EFE

Since 2022, Ecem has been creating digital content, combining her passion for technology with writing. Continuing her education in the Mathematics department, Ecem focuses on producing in-depth content on areas such as blockchain, artificial intelligence, and cryptocurrency. She aims to simplify these topics and present them to a wide audience, sharing valuable insights into the crypto industry through her writing. With her innovative content, she strives to raise awareness in the digital world.

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