Intel demoed an end-to-end 8K 60fps HDR live stream of the Tokyo Olympics 2020 running entirely on its own hardware. The video was encoded on a server with 112 Xeon cores and 384GB of memory.
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The next-generations VVC/H.266 codec has been announced as a follow-up to H.265. Like the previous codecs, H.266 promises a significant reduction in size with no apparent quality loss.
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