FedML announces partnership with Theta Network to enable collaborative machine learning for generative AI and ad recommendations
LOS ANGELES, CA, Feb. 16, 2023 (GLOBE NEWSWIRE) — FedML, a collaborative/federated machine learning and edge AI platform that enables communities to build and connect AI applications anywhere and at any scale, announced today announced that it will partner with Theta Network to enable collaborative machine learning for generative AI and content recommendation and promotion, powered by the Theta Edge Network.
FedML enables open and collaborative AI by the community for the community
Federated Learning is a solution to public and business concerns about data sharing (due to privacy, security, regulations, etc.) related to the machine learning-based technologies that modern society is increasingly relying on. These technologies rely on huge, centralized datasets of sometimes sensitive/private information to make decisions, such as users’ private communications to develop large language models for chatGPT-like chatbots, or users’ private browsing history and behavior to develop AI -Content recommendation and advertising models. While the community would reap the benefits of AI in these applications, they still want to keep their private information private.
Fortunately, FedML enables AI technologies to use these personal datasets without centralizing or transferring the data. It enables machine learning from decentralized data at different nodes without concentrating data in the cloud (i.e. “learning without sharing”), providing maximum user privacy, reducing development costs and enabling data owners to monetize their data and computing resources.
“FedML’s mission is to connect silos in the AI world (e.g. data owners and developers) and enable them to work together,” said Salman Avestimehr, CEO and co-founder of FedML. “At a high level, this is consistent with the overarching goal of Web3 and blockchain systems, which is to connect and empower decentralized agents. This exciting partnership combines these two powerful visions to enable collaborative AI on the Web3. Ad recommendation and generative AI are just two immediate applications that immediately require people to put their private data into training the machine learning models that benefit everyone.”
Powered by tens of thousands of distributed nodes worldwide, Theta’s edge network provides the perfect foundation for the types of distributed computing needed for collaborative machine learning and AI use cases. By leveraging the excess processing power, storage space, and bandwidth of these edge nodes, FedML can enable breakthrough advances in machine learning and AI through large-scale collaboration on combined data, models, and computing resources in a way that is inherently privacy-preserving and continuously improve.
Internet-based collaborative/connected training and delivering AI models for content recommendations
“Our collaboration with FedML unlocks a massive use case for edge nodes by enabling AI and ML development at a distributed, global scale,” said Mitch Liu, CEO and co-founder of Theta Labs. “As distributed computing usage continues to grow exponentially, Theta Network’s edge nodes will grow in tandem to provide seamless support for these cutting-edge applications in collaborative AI.”
This partnership is particularly focused on strengthening two exciting use cases in web3: generative AI and content recommendation. In the first use case, FedML enables the collaborative training of large-scale generative AI models (e.g. chatGPT-like chatbots, Stable Diffusion-like text-to-image model) on the datasets of the participating users in a privacy-preserving way. In the second use case, FedML allows members of the Theta TV community to contribute their personal preferences and computational resources to train and deploy AI models for personalized content recommendations and advertising to them, while being rewarded for their contributions (i.e. AI used by the community for the community). To provide this Web3 x AI platform to the community, the two companies form an interdisciplinary team with experts in machine learning, blockchain, computer vision, natural language processing, security (zero-knowledge-proof) and data protection.
About FedML
FedML ( https://fedml.ai ) provides an open-source community and enterprise platform for decentralized and collaborative AI anywhere (at the edge or via the cloud) and at any scale. More specifically, FedML provides an MLOps ecosystem that enables training, deployment, monitoring, and continuous improvement of machine learning models anywhere (edge/cloud), while enabling collaboration on combined data, models, and compute resources while preserving privacy.
FedML’s platform is supported by a large open source community (premium GitHub library for federated learning) and its enterprise platform is currently used by 1500+ developers and 10+ enterprise customers worldwide. FedML’s AI application ecosystem also supports a wide range of AI+ verticals including but not limited to AIoT + computer vision, generative AI, health and life sciences, biotech, smart home and smart city, retail solutions, logistics and fintech.
About Theta Labs
Theta Labs pioneered Theta Network, the next-generation media and entertainment blockchain, and THETA.tv, a leading decentralized live streaming platform. Theta infrastructure enables existing video platforms to generate additional revenue and reduce CDN costs for content delivery, while rewarding end users for sharing their bandwidth to stream video on any PC, mobile device, Smart TV or IoT device to transfer. Most recently, the company launched the NFT marketplace ThetaDrop in partnership with the World Poker Tour, Katy Perry, Jukin Media and Fuse Media with the goal of revolutionizing the digital collectibles industry.
Thetas Enterprise Validator and Governance Council is led by world leaders including Google, Samsung, Sony, Creative Artists Agency (CAA), Binance, Blockchain Ventures, DHVC and gumi. Theta leverages its user base of millions of viewers on THETA.tv to build its peer-to-peer video network along with premium content partnerships with Lionsgate, MGM Studios, NASA and others. Popular video platforms integrated with Theta infrastructure include CONtv Anime, World Poker Tour, Cinedigm, Samsung VR, GameTalkTalk, MovieBloc, Ultra, GFUEL and other OTT media, entertainment and live streaming services. Strategic corporate investors include Samsung NEXT, Sony Innovation Fund, Bertelsmann Digital Media Investments (BDMI), Creative Artists Agency (CAA) and Silicon Valley VCs including DCM and Sierra Ventures. Learn more at www.thetatoken.org.
Marco Lucchesini marco.lucchesini(at)eakdigital.com
