Theta Labs head of strategy Wes Levitt says the decentralized cloud is more cost-effective and offers greater flexibility and reliability for AI solutions.
The artificial intelligence sector has exploded and seems to show no signs of slowing down. However, most companies and projects utilize centralized services such as Amazon Web Services (AWS) for cloud computing power, which can be costly and prone to outages.
Decentralization and blockchain are solutions to these issues, according to Theta Labs head of strategy Wes Levitt, who told The Agenda podcast that decentralized cloud computing saves customers money and offers greater reliability and flexibility.
Levitt spoke to hosts Jonathan DeYoung and Ray Salmond for episode 51 of The Agenda, where he broke down how decentralization helps democratize access to computing power, why academia has become Theta Labs’ top customer and more.