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Cryptocurrency News Articles

Nanyang Technological University (NTU) in Singapore Adopts Theta EdgeCloud to Advance AI Research in Speech and Language

Jan 28, 2025 at 06:02 am

Theta Labs has announced that Nanyang Technological University (NTU) in Singapore has become the newest academic customer for its EdgeCloud product.

Nanyang Technological University (NTU) in Singapore Adopts Theta EdgeCloud to Advance AI Research in Speech and Language

Theta Labs has announced that Nanyang Technological University (NTU) in Singapore has joined Theta EdgeCloud’s growing list of academic customers. The university is renowned for its cutting-edge research in artificial intelligence (AI) and speech processing.

According to the official press release, NTU’s Speech Lab will utilize Theta EdgeCloud's decentralized GPU technology to bolster its AI research in speech and language. This collaboration will enable NTU to train ASR models, develop advanced transcription systems, and enhance noise reduction and speech identification capabilities.

Under the guidance of Professor Chng Eng Siong, NTU has played a pioneering role in fields such as multilingual automatic speech recognition (ASR), noise reduction, and AI-driven language models. The lab's research focuses on developing speech recognition systems for languages like English, Mandarin, and Singlish, while also enhancing transcription accuracy and speaker identification in complex environments.

Theta Labs Expands Network as Part of 2025 Roadmap

Commenting on the partnership, Professor Chng highlighted the significance of Theta EdgeCloud in advancing their research endeavors. He specifically mentioned the platform's user-friendly decentralized GPU setup as a crucial factor in their decision. This partnership aligns with Theta EdgeCloud's goal of empowering researchers to push the boundaries of AI, speech, and language processing, multilingual ASR, and real-time AI applications. He stated:

“We've seen Theta Labs work with many of the top South Korean and US universities. We are excited to use EdgeCloud to scale our research at NTU's Speech Lab. The platform's easy-to-use distributed GPU infrastructure allows us to push our research into speech, language processing, multilingual ASR, and real-time AI applications. This was a key driver for us to adopt Theta EdgeCloud.”

Prior to this partnership, Theta Labs has collaborated with universities such as Seoul National University, KAIST, University of Oregon, Peking University, and many others. This partnership builds on Theta Labs’ progress in 2024 and supports their plans for 2025. Key steps include the Beta launch of Theta EdgeCloud’s hybrid cloud platform in June 2025 and the expansion of its decentralized network, which now has over 30,000 nodes worldwide. The team stated:

“This partnership aligns with the key milestones outlined in the 2025 Roadmap. These milestones include the Beta release of Theta EdgeCloud's fully hybrid cloud-edge computing platform in June 2025 and the ongoing expansion of its decentralized edge network, now encompassing over 30,000 nodes globally.”

THETA Token Sees Increased Trading Volume Amid Decline in Price

The price of THETA has been struggling since early December, declining nearly 50% from December 8 to the current price. It has consistently bounced off strong support around $1.90.

Despite the price struggles, THETA$1.9224h volatility: 0.3%Market cap: $1.92 BVol. 24h: $42.07 M, according to CoinMarketCap data, it has seen an increase in 24-hour trading volume. During this period, trading volume has grown by more than 200%, signaling increased activity and potentially renewed interest in the token.

With support at $1.90 continuing to hold, the price could begin to recover from this level and start a new rally. However, a break below this strong support level could lead to further decline.

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Other articles published on Jan 31, 2025