bitcoin
Bitcoin (BTC) $ 102,146.37
ethereum
Ethereum (ETH) $ 3,690.58
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 699.35
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 2.41
binance-usd
BUSD (BUSD) $ 0.999301
dogecoin
Dogecoin (DOGE) $ 0.362481
cardano
Cardano (ADA) $ 0.981203
solana
Solana (SOL) $ 210.13
matic-network
Polygon (MATIC) $ 0.519597
polkadot
Polkadot (DOT) $ 7.65
tron
TRON (TRX) $ 0.264675
bitcoin
Bitcoin (BTC) $ 102,146.37
ethereum
Ethereum (ETH) $ 3,690.58
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 699.35
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 2.41
binance-usd
BUSD (BUSD) $ 0.999301
dogecoin
Dogecoin (DOGE) $ 0.362481
cardano
Cardano (ADA) $ 0.981203
solana
Solana (SOL) $ 210.13
matic-network
Polygon (MATIC) $ 0.519597
polkadot
Polkadot (DOT) $ 7.65
tron
TRON (TRX) $ 0.264675
More

    ceτi AI Acquires Huge Vitality Investments Inc. to Increase Its Excessive-Efficiency Computing Capabilities in North America

    Latest News

    Vancouver, Canada, April 18th, 2024, Chainwire

    ceτi AI, a pacesetter in decentralized synthetic intelligence infrastructure, is happy to announce its acquisition of Canadian firm Huge Vitality Investments Inc., a agency specializing in strategic funding in high-performance computing infrastructure. This acquisition marks a major first step in ceτi AI’s technique to advance the event and accessibility of AI applied sciences.

    Strategic Acquisition and Enhanced Capabilities

    Following the acquisition, Huge Vitality Investments, Ltd. has reached agreements in precept to accumulate superior high-performance computing (HPC) infrastructure, together with 5 HPC servers, every geared up with 8 NVIDIA (NASDAQ:) H100 Tensor Core GPUs, and two NVIDIA Quantum-2 InfiniBand switches, set to be delivered in Might 2024. These agreements are anticipated to be executed throughout the subsequent week, underscoring the dedication to enhancing the technological capabilities promptly.

    This strategic enhancement is pivotal for the preliminary North American deployment of the ceτi AI Infrastructure Community, which is able to make the most of the ceτi AI Clever Compute Material to handle and supply compute sources to decentralized AI networks, decentralized bodily infrastructure networks (DePIN), and varied different purposes.

    Strategic Deployment and Pilot Implementation

    The brand new HPC infrastructure will underpin the primary North American deployment of the ceτi AI Clever Compute Material, which manages the ceτi AI Infrastructure Community. This community is designed to supply important compute sources to a wide range of decentralized shopper networks and is a vital element of ceτi AI’s broader mission to democratize AI expertise by way of decentralization. The pilot implementation won’t solely display the capabilities of the ceτi AI resolution but in addition provoke income technology and accumulation for the CETI token ecosystem.

    See also  3 key Ether value metrics level to rising resistance on the $1,750 degree

    Roadmap and Future Plans

    The profitable integration and demonstration of this infrastructure will set the stage for instant enlargement to data-center scale implementations, considerably scaling up ceτi AI’s operational capabilities. Work continues to progress on the CETI token ecosystem, with its introduction being the subsequent main milestone on the ceτi AI roadmap.

    Govt Perception

    “This acquisition marks a major milestone in ceτi AI’s development trajectory, aligning with our strategic objectives to bolster our infrastructure and speed up the event of decentralized AI applied sciences. By integrating Huge Vitality Investments’ sources and capabilities, we’re higher positioned to innovate and broaden our attain throughout North America,” mentioned Dennis Jarvis, CEO of ceτi AI.

    Ahead-Wanting Statements

    This press launch incorporates forward-looking statements referring to anticipated future occasions and anticipated outcomes which are topic to vital dangers and uncertainties. These embrace, however are usually not restricted to, the ultimate procurement and integration of HPC infrastructure, the deployment and efficiency of the ceτi AI Clever Compute Material, and the broader adoption and impression of the CETI token ecosystem. Precise outcomes and outcomes might differ materially from what’s expressed or forecasted in such forward-looking statements as a consequence of a wide range of components.

    About ceτi AI

    ceτi AI is on the forefront of revolutionizing synthetic intelligence by way of decentralization. Dedicated to innovation and accessibility, ceτi AI develops globally distributed, high-performance, scalable AI infrastructure designed to empower builders and networks worldwide. By democratizing entry to state-of-the-art sources, ceτi AI goals to speed up the development of AI applied sciences, making them extra numerous and universally accessible. Our mission extends past infrastructure improvement; we’re constructing a basis for the way forward for AI, making certain it grows in a fashion that advantages all of humanity with out sacrificing freedom of alternative or expression.

    See also  BlackRock Can't Cease Shopping for Bitcoin

    Customers are welcome to dive deeper into our mission, expertise, and the longer term we’re constructing together with the newest updates and group discussions by visiting:

    litepaper I Web site I X I Telegram I Discord

    Contactceτi AIpress@taoceti.ai

    This text was initially printed on Chainwire

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Hot Topics

    Related Articles