Latest Theta News

In an exciting development for the intersection of AI and blockchain, VentureMind AI has announced a partnership with Theta EdgeCloud. This collaboration aims to leverage Theta's decentralized, low-latency compute and streaming resources to enhance VentureMind AI's capabilities. By integrating EdgeCloud, VentureMind AI will be able to scale its AI tools, optimize video rendering, and offer real-time robotics control, significantly improving its service offerings in sectors such as construction and security. This partnership marks a significant step in creating a comprehensive ecosystem that merges AI innovation with decentralized finance and advanced robotics. VentureMind AI is a pioneering platform that allows users to create, mint, and trade AI tools as NFTs, providing a unique layer of ownership and income potential. The platform also features a custom Autonomous Agent builder, enabling users to launch tokenized communities and manage market-making activities. Since its inception in June 2023, EdgeCloud has gained traction in both academic and enterprise settings, with institutions like Seoul National University and companies such as GenAI search Liner utilizing its infrastructure to advance AI research and applications. With the integration of Theta EdgeCloud, VentureMind AI is set to redefine possibilities in the realms of AI, robotics, and Web3. The partnership will facilitate scalable compute for AI innovation, reliable robotics control, cost-effective video processing, and enhanced integration for NFTs and autonomous tools. Founded by Jermaine Anugwom, VentureMind AI has rapidly evolved from a collection of specialized AI tools to a robust platform that incorporates blockchain technology and tokenomics, positioning itself as a leader in the emerging Web3 landscape.

Theta has announced a significant partnership with Seoul National University (SNU), South Korea's leading academic institution, to enhance AI research through its EdgeCloud platform. This collaboration will specifically benefit SNU's AIoT Lab, directed by Associate Professor Hyung-Sin Kim, who is renowned for his expertise in Ambient AI and IoT systems. The partnership aims to accelerate research in areas such as AI-powered healthcare innovations and real-time data processing, leveraging Theta's advanced hybrid cloud GPU resources. SNU, established in 1946, is recognized for its excellence across various disciplines and is consistently ranked among the top universities in Asia. Since the launch of EdgeCloud in June, Theta has gained traction in both U.S. and Korean academic circles, partnering with several prestigious institutions including the University of Oregon and KAIST. The AIoT Lab at SNU has already made notable contributions to the field, with Professor Kim leading efforts that have garnered numerous awards and high-impact research grants. Recent achievements include accolades at major conferences and competitions, showcasing the lab's commitment to advancing AI and IoT technologies. The integration of Theta's infrastructure is expected to further enhance the lab's capabilities in developing adaptive models that prioritize data privacy and real-time health insights. Professor Kim expressed enthusiasm about the collaboration, highlighting how Theta's decentralized AI infrastructure will redefine the GPU landscape and enable groundbreaking advancements in Ambient AI and IoT applications. This partnership not only reinforces Theta's commitment to supporting world-class AI research but also positions the company as a key player in the academic landscape, with aspirations to onboard more top-tier institutions in Asia and North America. As Theta continues to expand its influence, the collaboration with SNU marks a pivotal step towards fostering innovative real-world applications in AI and IoT domains.

Theta Labs has made significant strides in the realm of AI and blockchain research by announcing Peking University as a new customer for its EdgeCloud AI platform. Peking University, a prestigious institution ranked among the top 10 globally in computer science, will utilize Theta's hybrid cloud GPU infrastructure to enhance its research capabilities. This collaboration is part of Theta's broader initiative to support advanced AI research across various academic institutions, including notable universities in the US and Korea, such as the University of Oregon and KAIST. The addition of corporate clients like Liner and Jamcoding further underscores Theta's growing influence in the AI sector. Professor Zhen Xiao, a leading figure in distributed systems and AI at Peking University, has been pivotal in this partnership. With a Ph.D. from Cornell University and a robust publication record, Professor Xiao's research spans multiple domains, including deep learning and blockchain. His involvement with Theta began in 2022 when he joined the Theta Advisory Board, contributing to the development of the EdgeCloud platform. The collaboration has already yielded several joint research papers presented at prestigious conferences, showcasing advancements in adaptive defense mechanisms for AI models and scalable blockchain frameworks. The integration of EdgeCloud's hybrid cloud GPU infrastructure is set to revolutionize AI research at Peking University. Professor Xiao expressed enthusiasm about the potential of EdgeCloud to facilitate large-scale distributed AI projects, stating that it represents one of the most complex hybrid GPU systems he has encountered. This partnership not only enhances research capabilities at Peking University but also positions Theta as a leader in decentralized GPU platforms for academia in Asia, with aspirations for global expansion. The future of AI innovation is likely to be driven by infrastructure companies like Theta that effectively harness distributed computation and GPU resources.

Theta Labs has announced Liner as its latest enterprise customer for Theta EdgeCloud, marking a significant milestone in the realm of generative AI-powered search solutions. Liner, recognized as a global leader in this field and ranked among the Top 10 by Andreessen Horowitz, aims to leverage Theta EdgeCloud to enhance its AI search engine for over 10 million students and researchers. Since the launch of EdgeCloud in June, Theta has gained traction in academic institutions across the U.S. and Korea, with notable collaborations including the University of Oregon and Yonsei University, all focused on advancing AI research. Recently, Liner secured $29 million in Series B funding, led by INTERVEST and Atinum Investment, with contributions from Samsung Venture Investment and others. This funding solidifies Liner's position in specialized information retrieval and supports its rapid expansion in the U.S. market, which boasts over 10 million registered users from prestigious universities. According to Liner's CEO, Luke Jinu Kim, two-thirds of their paying users are from U.S. academia, highlighting the company's strong foothold in this sector. Liner's recognition on the 2024 Emerging AI+X Top 100 list further underscores its growth potential and innovative approach to AI. Liner's AI search engine integrates advanced models such as GPT-4 and its proprietary Liner 7B model, designed for hyper-personalized information retrieval. By employing advanced inference techniques, Liner delivers precise answers from trusted academic sources, catering to the needs of students and researchers. The partnership with Theta will enhance Liner's AI inference capabilities, utilizing EdgeCloud's decentralized GPU resources for faster and more efficient search results. This collaboration not only strengthens Liner's offerings but also aligns with Theta's commitment to providing high-quality infrastructure for academic research.

Theta EdgeCloud has introduced a significant enhancement by enabling Theta Fuel (TFUEL) billing for its services. This change positions TFUEL as the primary payment method for EdgeCloud, mirroring its role for the thousands of global Edge Nodes that support the network. Users opting to pay with TFUEL tokens will benefit from a 5% discount on their service fees, which encompass AI inference and training, video livestreaming, and future video/game rendering functionalities. This strategic move not only incentivizes the use of TFUEL but also strengthens its integration into the broader Theta ecosystem. The adoption of EdgeCloud has seen remarkable growth, particularly within academic institutions in the United States and South Korea. Notable universities such as the University of Oregon, Korea University, and Yonsei University are leveraging EdgeCloud's hybrid cloud GPU infrastructure to propel AI research forward. This trend highlights Theta's dedication to fostering academic innovation by providing vital computational resources for complex AI projects. Additionally, corporate clients like Jamcoding, a leader in e-learning coding platforms, are utilizing EdgeCloud to address critical AI applications, including computer vision and large language model training, further embedding EdgeCloud into the Theta token economy. While the support for USD remains essential for attracting Web2 customers, the Theta ecosystem is designed to function as a decentralized economy, where fiat transactions are converted into TFUEL purchases. This ensures that all EdgeCloud activities contribute to the on-chain economy of Theta, even when initiated by non-crypto users. With the recent launch of EdgeCloud Mobile, the potential for integration with the 3.9 billion Android devices worldwide opens new avenues for AI applications. As the AI market is projected to grow significantly, the core payment structure of EdgeCloud will ensure that TFUEL and the Theta token economy remain central to its operations.

Theta Labs has announced a significant multi-year partnership with the University of Oregon’s Distopia Laboratory, led by Assistant Professor Suyash Gupta. This collaboration will leverage Theta EdgeCloud for large-scale AI model training and inference, marking a notable expansion of Theta Labs' presence in the U.S. academic sector. The University of Oregon, recognized as a Tier 1 research institution, hosts several advanced research centers focused on AI and computer science, which are crucial for the advancement of these fields in the United States. Dr. Gupta's research integrates distributed systems, blockchain, and federated learning, emphasizing the development of scalable and fault-tolerant architectures. His contributions to prestigious conferences underscore his expertise, particularly with his award-winning paper at EuroSys 2023 and significant work presented at leading data engineering conferences. The partnership with Theta Labs opens new avenues for the Distopia Laboratory to enhance its AI research capabilities, particularly in distributed systems and federated learning. Theta EdgeCloud's decentralized framework allows researchers to run complex AI models more efficiently by distributing tasks across its network, resulting in faster and more cost-effective computing solutions compared to traditional cloud services. This innovative approach not only makes powerful computing resources more accessible but also maximizes the utilization of otherwise idle resources, enabling the lab to tackle more sophisticated AI challenges and accelerate research initiatives in decentralized systems. The collaboration exemplifies the growing importance of decentralized cloud infrastructure in academic research, providing high-performance computing at lower costs than conventional providers. This enables academic institutions to undertake ambitious projects with limited budgets, allowing them to compete more effectively with well-funded commercial AI labs. The ability to conduct larger-scale experiments, train complex models, and explore advanced AI applications is crucial for academic labs, which often face time constraints in submitting research and publishing findings. The partnership between Theta Labs and the University of Oregon is a testament to the transformative potential of decentralized computing in advancing AI research in academia.

In the rapidly evolving digital landscape, decentralized technologies are transforming traditional industries by providing safer and more efficient alternatives. Leading platforms such as Filecoin, Bittensor, Theta Network, and Arweave are at the forefront of this revolution, each addressing unique challenges in cloud storage, AI development, video streaming, and data retention. By leveraging blockchain technology, these projects enhance security, fairness, and long-term reliability, paving the way for a future where control is distributed and innovation flourishes without boundaries. Filecoin is revolutionizing cloud storage by decentralizing data distribution across a network of nodes, significantly reducing risks associated with centralized providers like Amazon and Google. With a market cap of $2.34 billion, Filecoin allows users to pay for storage using its native token while rewarding miners for enhancing network security. This innovative approach minimizes the single point of failure typical in traditional cloud services, ensuring that data remains safe and accessible. Bittensor, with a market cap of $4.39 billion, is reshaping AI development through a decentralized machine learning network. By incentivizing contributors with its native TAO token, Bittensor democratizes AI training and fosters open-source collaboration. Similarly, Theta Network, valued at $1.35 billion, enhances video streaming quality in underserved areas by allowing users to share bandwidth. With its dual-token system, THETA for governance and TFUEL for transactions, Theta Network is a game-changer in the video streaming sector. Lastly, Arweave, with a market cap of $2.78 billion, offers permanent storage solutions, ensuring data availability forever through its unique AR token incentive model. Together, these platforms exemplify the potential of decentralized technologies to redefine industry standards and practices.

Theta Labs has announced a significant partnership with Hankuk University of Foreign Studies (HUFS), marking the latter as the newest customer of its EdgeCloud AI platform. This collaboration comes on the heels of Theta's growing influence in the academic sector in South Korea, where institutions such as Korea University, Seoul Women’s University, KAIST, and Yonsei University have already integrated Theta's infrastructure to enhance their AI research capabilities. The partnership will enable LAB HAI at HUFS, under the leadership of Professor Ikbeom Jang, to utilize Theta's scalable EdgeCloud platform for various advanced projects, including LLM-based multimodal data training and biomedical data compression. Professor Ikbeom Jang, who oversees the computer cluster at HUFS, expressed enthusiasm about the partnership, highlighting the potential of Theta EdgeCloud to significantly boost their multimodal medical AI research. The use of high-performance NVIDIA H100 GPUs will facilitate a wide range of AI applications in healthcare, thereby enhancing Korea's competitiveness in AI technology. Professor Jang's expertise in artificial intelligence and deep learning, along with his previous experience at Harvard Medical School, positions him and his team to make substantial contributions to the field, as evidenced by their recent publications and research grants. This multi-year agreement underscores Theta Labs' commitment to supporting AI research by providing decentralized GPU resources to esteemed institutions like HUFS. With over 33,000 students, HUFS is poised to leverage Theta’s advanced technology to drive innovation in healthcare AI, particularly in areas such as medical imaging and disease prediction. Mitch Liu, co-founder and CEO of Theta Labs, emphasized that this partnership is a pivotal step in expanding the application of decentralized computing in academia, positioning Theta as a leader in AI computing solutions in the region.

The cryptocurrency market is experiencing a significant resurgence, with venture capitalists predicting Bitcoin could soar to $88,000. This optimism is largely fueled by the stabilization of the market and the emergence of new projects in decentralized finance (DeFi) and decentralized physical infrastructure networks (DePIN). As of August 2024, crypto venture capital has raised an impressive $2.2 billion across 24 funds, indicating a robust recovery from previous downturns. Factors contributing to this revival include the market cap reaching 93% of its previous peak, increased institutional adoption from major financial players, and the maturation of investments made during the 2020-2022 boom, which are now presenting new opportunities for investors. Among the notable projects gaining traction are Base, EigenLayer, and SolLayer, which are reshaping the DeFi landscape. These projects are attracting midsized venture funds, signaling a shift from the smaller funds that characterized the early days of crypto. However, larger VC megafunds are still facing challenges due to high valuations and deployment difficulties. The outcome of the upcoming US presidential election may influence these trends further. Three standout projects to watch in the DeFi/DePIN space include Theta, BitTorrent (BTT), and World Mobile Token (WMT). Theta leverages peer-to-peer blockchain technology to decentralize video streaming services, promising high-quality streaming without buffering. BitTorrent, originally a sensation in 2019, continues to offer utility through its token, incentivizing users to share files. Lastly, World Mobile Token supports a blockchain initiative aimed at connecting underserved populations, rewarding participants in its ecosystem. As we approach 2025, the crypto funding landscape appears poised for a vital resurgence, instilling optimism across the sector.

Theta Labs has announced the launch of its AI Virtual Try-On software for Shopify, developed in collaboration with KAIST AI Lab, a leading AI research center in South Korea. This innovative technology utilizes advanced computer vision and natural language processing to enhance the online shopping experience. Customers can now virtually try on various tops by simply uploading a selfie, which aims to improve user engagement and potentially increase sales conversions for e-commerce retailers. To promote its adoption, Theta Labs is offering this plugin for free to Shopify store owners for a limited time, with successful beta integrations already reported by customers like Soar and Mazer. The AI Virtual Try-On for Shopify is powered by Theta EdgeCloud, a hybrid cloud-edge computing platform that combines over 30,000 distributed edge nodes from the Theta Edge Network with cloud services from major providers like Google Cloud and Amazon Web Services. This infrastructure offers more than 80 PetaFLOPS of distributed GPU compute power, allowing for significant cost savings on GPU computing tasks compared to traditional cloud providers. The EdgeCloud platform provides AI model training and inference services at less than half the cost of other cloud solutions, making it a cost-effective option for businesses. This launch signifies a major advancement in the application of EdgeCloud technology within the e-commerce sector. By addressing common challenges faced by online retailers and shoppers, Theta Labs is making advanced AI tools more accessible and affordable. Looking forward, Theta Labs and KAIST AI plan to expand the capabilities of the AI Virtual Try-On model to include more complex wearables, such as hats and bottoms, further pushing the boundaries of AI-driven fashion technology and enhancing the online shopping experience for consumers.