EdgeCloud Q2 Release Details and Generative AI Showcase

Theta Labs
Theta Network
Published in
3 min readApr 8, 2024

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Theta team has been steadily working towards launching v1 of EdgeCloud, enabling developers, researchers and enterprises with the best price-to-performance access to GPU processing power for any AI, video, 3D rendering and gaming task. This approach brings the best of cloud computing to a decentralized platform, powered by the Theta Edge Network. After extensive testing, we’d like to share details of the first release for Theta EdgeCloud:

  • May 1st will see the first release of EdgeCloud, giving AI developers the tools and dashboards they need to start using EdgeCloud. From Stable Diffusion text-to-image and text-to-video, to Meta Llama 2 and Google Gemma LLMs, to the CodeLlama coding model, EdgeCloud will support jobs from the top open-source AI models. V1 will include these open-source AI models as templates to choose from, and provide easy configuration and deployment in a few clicks. EdgeCloud will also support Jupyter Notebook, a web-based interactive computing/coding tool that has become indispensable for AI model development. Customers and partners can start utilizing the platform immediately with full Stripe payment integration, with TFUEL payment support to be added shortly after.

Additionally, end users and community members will be able to interact for free with a number of GenAI models hosted on EdgeCloud through the Generative AI Showcase. This provides a great trial experience and an opportunity to see how novel AI applications can be built on EdgeCloud.

  • On June 26th, a new Edge node client will be released with the Elite+ Booster feature, enabling all EN users to participate in next-gen AI and computing jobs enabled by EdgeCloud. After staking the maximum 500k TFUEL, elite edge node users can earn even more from EdgeCloud jobs by locking additional TFUEL for various time periods. Currently, earnings will be primarily based on cloud-based GPU performance, utilization and total amount of TFUEL locked by Elite+ users. At this time, we do not advise users to upgrade their edge node hardware specifications and will provide more guidance in later releases.

For planning purposes, if the allocated A100/V100/T4 EdgeCloud GPUs are between 80–100% utilized then Elite+ booster users can expect compute jobs reward as much as 2x-4x the current TFUEL staking-only rewards. Again, this is for reference only and can vary widely depending on a number of factors but over time we expect earnings to track the adoption and utilization of EdgeCloud.

Separating into two releases allows the developer suite to be released on May 1st, opening the door for EdgeCloud development in the upcoming Theta Hackathon to be announced soon. This will be a key component of attracting new devs to work on both EdgeCloud and the Theta ecosystem as a whole. This also enables the team to start working with early AI customers and partners to live test the entire system. The June 26 release of the edge node client will then complete the rewards system, cloud-based GPU platform and integration with distributed edge nodes. The entire Theta team is looking forward to unveiling this groundbreaking platform and getting your feedback.

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Theta Labs
Theta Network

Creators of the Theta Network and EdgeCloud AI — see www.ThetaLabs.org for more info!