Lavita AI, Powered By Theta EdgeCloud, Celebrates Victory at Samsung Next 2024 Generative AI Hackathon

General

Los
Angeles,
CA
–
May
21st
2024. Lavita
AI,
the
blockchain-AI-based
next-generation
healthcare
platform
powered
by
Theta
EdgeCloud,
has
secured
first
place
in
the
highly
competitive “Health
&
Wellness”
track
at
the

Samsung
Next
2024
Generative
AI
Hackathon.

The
Samsung
Next
Generative
AI
Hackathon,
hosted
this
year
in
New
York
City,
convened
the
brightest
founders
and
innovators
with
bold,
globally
impactful
ideas.
The
hackathon
hosted
judges
from
leading
venture
capital
firms
including
Union
Square
Ventures,
Intel
Capital,
Comma
Capital,
Flybridge,
and
Samsung
Next.
Lavita
presented
one
of
its
groundbreaking
developments,
Lavita
AI
Assist
–
a
personalized
health
data
platform
designed
to
provide
users
with
trustworthy
and
reliable
medical
insights,
powered
by
Lavita’s
cutting-edge
Generative
Medical
AI
Engine.
The
Lavita
platform
also
facilitates
integration
with
Electronic
Health
Records,
public
medical
datasets,
and
expert
evaluations
from
medical
professionals.

Since
its
inception,
Lavita
has
been
on
a
mission
to
be
at
the
forefront
of
healthcare
innovation
by
harnessing
the
power
of
blockchain
and
AI
to
facilitate
medical
research
while
safeguarding
individuals’
privacy
and
data
ownership.
The
Lavita
platform’s
infrastructure,
built
on
and
powered
by
Theta
EdgeCloud,
enables
users
to
control
their
health
data
and
participate
in
medical
research
while
accessing
personalized
health
and
wellness
insights.

“As
we
continue
our
journey
of
innovation,
we
remain
steadfast
in
our
mission
to
make
a
significant
and
positive
impact
in
healthcare,”
said
Ali
Farahanchi,
Lavita
CEO.
“Lavita
platform
represents
a
pivotal
step
forward
in
democratizing
access
to
personal
health
data
and
insightful
medical
information.
Our
collaboration
with
Theta
has
been
instrumental
in
enhancing
the
reliability
and
scalability
of
our
platform.
By
leveraging
Theta
EdgeCloud’s
robust
infrastructure,
we
are
able
to
ensure
seamless
access
for
our
users
worldwide.”

“We’re
incredibly
proud
to
have
played
a
role
in
Lavita’s
success
at
the
Samsung
Next
2024
Generative
AI
Hackathon.
Lavita’s
integration
with
Theta
EdgeCloud
highlights
the
power
of
decentralized
infrastructure
in
supporting
groundbreaking
healthcare
solutions.
Theta
has
been
the
leading
Web3
infrastructure
for
the
video,
media,
and
entertainment
industry.
Now
we
are
thrilled
to
see
Lavita
spearhead
adoption
within
the
healthcare
industry”,
said
Mitch
Liu,
co-founder
and
CEO
of
Theta
Labs. “This
win
underscores
Theta’s
commitment
to
empowering
AI
projects
with
the
best
blockchain
infrastructure
available.”

About
Lavita
AI

Lavita
is
an
AI-first
company
developing the
next
generation
healthcare
technology
to
revolutionize
the
ways
people
around
the
world
manage
their
health
data
and
access
medical
advice.

The
Lavita
platform
enables
individuals
to
access
and
manage
their
health
data
in
a
privacy-preserving
environment,
built
on
a
decentralized
infrastructure
with
no
intermediaries
involved.
Users
can
opt-in
to
share
encrypted
data
and
earn
financial
rewards
from
data
miners,
such
as
pharmaceutical
companies
and
research
institutions,
while
ensuring
their
data
privacy.
Users
earn “LAVITA”,
a
custom
TNT-20
token
natively
built
on
the
Theta
Metachain,
for
participating
in
medical
research,
or
by
providing
data
storage,
computation
and
other
distributed
capabilities
by
running
a
Theta
Edge
Node.

Lavita’s
Generative,
Medical
AI
engine
brings
state-of-the-art
biomedical
foundation
models,
proprietary
evaluation
frameworks,
and
other
natural
language
understanding
models,
in
a
seamless
platform
for
use
by
individuals
and
patients
globally.

To
learn
more,
please
visit

Lavita.ai.

About
Theta
Labs

Theta
Labs
pioneered

Theta
Network,
the
leading
blockchain
decentralized
cloud
for
AI,
media
and
entertainment.

Theta
EdgeCloud
is
the
first
hybrid
cloud-edge
computing
AI
platform,
powered
by
the
Theta
Edge
Network
with
over
10,000
active
global
edge
nodes
and
80
PetaFLOPS
of
always
available
distributed
GPU
compute
power.
Theta
is
among
the
top
10
DePIN
blockchains
by
market
capitalization
listed
on
both

Coinmarketcap
and

Coingecko,
and
among
the
top

AI
tokens
on
Binance.com.

Theta
Video
API
is
a
turn-key
Web3
video
API
for
developers
offering
significantly
lower
video
transcoding
and
content
delivery
costs.
Theta’s
Web3
infrastructure
including

ThetaDrop
NFT
marketplace
and

Theta
Web3
Theatre
enable
entertainment
companies
to
drive
new
revenues
and
community
engagement.

Backed
by
Google,
Samsung,
Sony,
Creative
Artists
Agency,
and
Binance,
Theta’s
enterprise
validator
and
governance
council
is
composed
of
global
market
leaders.
Theta
has
partnered
with
leading
entertainment
brands
including
Lionsgate,
MGM,
Katy
Perry,
American
Idol,
The
Price
is
Right,
Taste
of
Home,
and
more.
Popular
platforms
utilizing
Theta’s
Web3
infrastructure
include
MetaCannes
Film3
Festival,
FuseTV,
CONtv
Anime,
WPT,
PetCollective,
FailArmy,
and
other
OTT
streaming
services.
Theta’s
strategic
corporate
investors
include

Samsung
NEXT,

Sony
Innovation
Fund,

Bertelsmann
Digital
Media
Investments
and

CAA.

—-

For
any
inquiries,
please
contact
Anna
Ivanova

[email protected]