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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If you plan on recording 8K videos on the Galaxy S20, you need to make sure to have enough storage space free. This is because a minute of 8K video recorded on the Galaxy S20 will weigh around 600MB.