Theta Labs Partners with Seoul Women’s University for AI Research Access

Theta Labs has signed a multi-year agreement with Seoul Women’s University to provide its AI research lab access to Theta EdgeCloud’s decentralized GPU computing power. The partnership aims to boost computational power for AI research in healthcare, bioinformatics, and finance by leveraging Theta EdgeCloud’s network of GPUs. Built on the Theta Network, Theta EdgeCloud offers scalable GPU computing resources for AI, media, and entertainment applications. The project secured a $1 million investment from VC firm DWF Labs last year. The collaboration with SWU exemplifies how decentralized physical infrastructure networks can solve real-world problems, reducing costs and increasing research productivity. Theta EdgeCloud reduces GPU costs by 50-70% and accelerates setup times, benefiting the entire AI ecosystem. The DePIN sector, including projects like Theta EdgeCloud, is rapidly growing in the crypto space, with Messari forecasting a market value of $3.5 trillion by 2028. Early-stage DePIN projects have raised over $246 million across 70 deals by August 2024, marking a 296% surge year-over-year.