A web framework is being built to support various rendering techniques and image optimization features, allowing developers to create scalable and performant web applications. The framework uses React as its core library and supports static rendering, server-side rendering, incremental static regeneration, edge functions, and automatic image optimization. It also generates a `.vc-config.json` file for configuration purposes. Once built, the framework can be deployed to Vercel using the Build Output API, which provides cutting-edge features such as automatic image optimization and edge caching. The code is available in a GitHub Repo for further exploration and reference.