I I just started using Google Colab for a project of mine. I see an button of "CONNECT" on the web page that presents before me two options:
Can anyone explain what the two mean and how it may affect my project? I did not find any useful documentation related to it.
Hosted Runtime runs on a new machine instance in Google Cloud. You don't need to set-up any hardware. But you may need to install a few libraries every time you use it.
Local Runtime runs on your machine at home. You need to install Python, Jupyter, and set-up some forwarding. It is useful if you have a lot of data to process locally, or if you have your own powerful GPU to use.
In most cases, I use Hosted Runtime.