Theta Labs is proud to announce Hankuk University of Foreign Studies (HUFS) as the newest EdgeCloud AI customer. Theta has gained significant traction in Korea academia recently with Korea University, Seoul Women’s University (SWU), KAIST, and Yonsei University utilizing its infrastructure to advance their AI research in various cutting edge fields. Theta also welcomed its first corporate customer, Jamcoding, one of the leading coding e-learning platforms.

HUFS is known for its excellence in research and global education,ranked among the top universities in Korea, specializing in AI, languages, and data convergence. Through this collaboration, LAB HAI at HUFS, led by Professor Ikbeom Jang, will leverage Theta EdgeCloud’s scalable EdgeCloud platform to accelerate projects such as LLM-based multimodal data training, neural network-based biomedical data compression, medical imaging and brain diseases, and loss function for accurate network calibration.

“Theta EdgeCloud is positioning itself as one of the leading GPU computing platforms for academia in Asia. Our partnership with Theta will enable us to rapidly scale up our multimodal medical AI research. In particular, LLM-based multimodal data learning utilizing H100 GPUs can be applied to a wide range of AI-based healthcare applications and will contribute to strengthening Korea’s AI technology competitiveness.” said Professor Ikbeom Jang.

Prof. Ikbeom Jang is a graduate director in the Department of Computer Science and Engineering at Hankuk University of Foreign Studies, where he is responsible for managing the department’s computer cluster.

He is actively conducting research on developing artificial intelligence and deep learning technologies and applying them to healthcare applications. Prior to that, he was a postdoctoral fellow at Massachusetts General Hospital, Harvard Medical School, and earned his Ph.D. in electrical and computer engineering from Purdue University, USA. LAB HAI has achieved many accomplishments in the past year and a half. A number of papers have been accepted and published in international conferences such as ICPR, CVPR, IEEE PICom, IEEE BigComp, and MICCAI workshop, and in journals such as Human Brain Mapping, Neurobiology of Aging, and PLOS One. Prof. Jang has been awarded research grants from multiple agencies including the National Research Foundation of Korea and the Centers for Disease Control and Prevention. LAB HAI members have participated in various conferences and academic activities, and have completed U.S. patent applications as well as received multiple awards and given invited lectures.

This multi-year agreement solidifies Theta Labs’ commitment to advancing AI research by providing cutting-edge decentralized GPU resources to prestigious institutions like HUFS. With over 33,000 students and a reputation as a leading university in Korea, HUFS will use Theta’s high-performance NVIDIA H100 GPUs to accelerate AI-driven healthcare innovation.

“We are thrilled to expand our presence in the academic sectors with the addition of Hankuk University of Foreign Studies to our growing EdgeCloud AI customer roster. This is a key milestone in expanding the use of decentralized computing in real-world applications. With HUFS joining Korea University, KAIST, Yonsei, and Seoul Women’s University, we are taking a leadership position in becoming the most widely adopted decentralized platform for AI computing. By providing HUFS with high-performance GPU resources, we are empowering their researchers to advance healthcare AI innovation, particularly in medical imaging and disease prediction.” said Mitch Liu, co-founder and CEO of Theta Labs.

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• Larry Fink's comments helped fuel the crypto rally this week.
• However, it wasn't the only huge news to hit the industry.

At first it sounded like an unimportant reminiscence, a casual reference to the good old days on Wall Street with little significance for crypto investors.

Hardly...

When BlackRock CEO Larry Fink compared Bitcoin’s evolution with that of the mortgage-backed securities market of the 1980s, well, the analogy electrified crypto — with crypto mavens offering fresh takes on why the cryptocurrency “will go higher fast”.

The mortgage bond market is a $11 trillion colossus, and the idea that digital assets would be mentioned in the same breath by one of the guys who helped build that pillar of the US economy was not on anyone’s bingo card.

As Liam Kelly reported this week, Fink’s comments move the market, especially when he muses on where cryptocurrencies are headed.

BlackRock, the world’s top investment firm, manages the biggest Bitcoin exchange-traded fund, which sports more than $25 billion in net assets.

What was especially interesting about Fink’s comments, Liam wrote, was how unimportant regulation is to Bitcoin’s trajectory.

For the last three years, crypto has been obsessed with the machinations of Gary Gensler and the US Securities and Exchange Commission, and for good reason.

The agency’s crackdown could force the industry to fundamentally change how it operates.

Indeed, Joanna Wright reported this week how crypto players are “forum shopping” in the US court system to garner an advantage in their battle with the SEC.

But Fink, in a BlackRock earnings call on October 11, highlighted other forces driving Bitcoin’s growth: “analytics and data.” That’s what propelled mortgage bonds decades ago, and the same would happen with crypto, Fink said.

“I truly believe we will see a broadening of the market of these digital assets,” Fink said.

Bitcoin investors didn’t really need another reason to buy, but they got one anyway. The world’s top cryptocurrency surged another 11% in the last seven days and is approaching $70,000.

The last time Bitcoin crested that threshold was in June, and following a choppy summer the cryptocurrency is up 61% this year.

The market is getting so frothy that even the most exotic breed of memecoins are posting eye-watering numbers.

Aleks Gilbert chronicled the mad tale of GOAT, a coin based on an obscene meme that first went viral in the early ‘00s. It went from zero to $350 million in the space of days this week.

The mojo is rising.

It doesn’t matter if Donald Trump or Kamala Harris wins on November 5 for that to happen, the BlackRock CEO said.

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• Network Governance: Participate in the development of the Grass network, including proposing and voting on network improvements, aligning on which organizations to work with, and determining incentive mechanisms for all stakeholders.
• Staking and Rewards: Stake GRASS to Routers to facilitate web traffic flowing through the network and earn rewards for contributing to the security of the network.
• Access to Bandwidth: After decentralization, GRASS will be used to pay for transactions on the network, enabling decentralized scraping of public web data.

1. Transactional Efficiency: Global settlement in over 190 countries is both easier and better on-chain than it is off-chain.
2. Transparency: Proofs of each transaction being posted on-chain provides empirical evidence that rewards are being equitably distributed. It also provides transparency with respect to the verification of data provenance.
3. User Ownership: Users can and should own their contributions, otherwise they’ll continue to be at the mercy of large tech companies who do not have their best interests in mind.

• 9% to users who earned Grass Points during Stage 1 (the Network Snapshot),
• 0.5% to GigaBuds NFT holders, and
• 0.5% to users who installed the Desktop Node or the Saga Application.

 

 

 

 

Thank you to the many community members who have been supporting one another, spreading the word, and most importantly, touching Grass.

 

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