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    ceτi AI Secures $80M of NVIDIA GPUs and {Hardware} to Increase World AI Infrastructure Community by 25x

    Latest News

    Vancouver, Canada, June eleventh, 2024, Chainwire

    ceτi AI is proud to announce an prolonged buy settlement with Cedarcross Worldwide Applied sciences, Inc. for 3 further high-performance computing (HPC) servers, every geared up with 8 NVIDIA (NASDAQ:) H100 Tensor Core GPUs, plus an choice to buy an extra 200 equivalent HPC servers. The settlement marks the completion of ceτi AI’s pilot-scale set up in British Columbia, and opens the door to a 25x growth of the ceτi AI World Infrastructure Community with further GPU and server allocation via Q3, 2024.

    The brand new servers, powered by NVIDIA’s most superior H100 GPUs, are anticipated to reach inside roughly 45 days, additional boosting the community’s capability to assist a broad vary of AI utility growth and analysis. The agency’s pilot set up presents a state-of-the-art answer for web3 protocols, unbiased growth groups, and superior AI analysis groups in an 8-server, 64 GPU scalable unit that may be expanded linearly and indefinitely.

    Along with the community’s fast growth, the settlement additionally contains an choice to buy as much as 200 equivalent HPC servers from Cedarcross via September thirtieth, 2024, underscoring each companies’ dedication to sustained development and technological development within the decentralized AI house. ceτi AI has recognized hyperscale information heart candidate websites for the extra servers in Montreal, New Jersey, and Santa Clara, and is now within the strategy of securing funding for his or her buy, set up, and preliminary operation.

    “We’re seeing unprecedented demand from institutional builders, unbiased researchers, and blockchain protocols for the bodily chip and server infrastructure set to energy the approaching Age of Synthetic Intelligence. Deploying the large bodily infrastructure for decentralized AI requires sturdy relationships, world-class expertise, and deep cooperation in pursuit of our frequent purpose. We’re proud to work with Cedarcross as a valued accomplice that brings all of those qualities to the desk,” mentioned Dennis Jarvis, CEO of ceτi AI.

    About Cedarcross

    See also  Bitcoin Fell Following Statements From US Coverage Makers

    Cedarcross Worldwide Applied sciences Inc. is an investee firm of Alset Capital Inc., a publicly traded Canadian firm listed on the TSX Enterprise change. Cedarcross makes a speciality of offering low-cost entry to cutting-edge, high-performance computing {hardware}, primarily powered by NVIDIA’s superior H100 chips.

    About ceτi AI

    ceτi AI is on the forefront of the decentralized synthetic intelligence (dAI) motion. Dedicated to innovation and accessibility, ceτi AI develops globally distributed, high-performance, scalable AI infrastructure designed to energy the subsequent technology of AI growth worldwide. ceτi AI was based in March of 2024 by long-time business leaders Dennis Jarvis (CEO), Aaron Smith-Hayes (CTO), Austin Spencer (CFO), and Tony Evans (Chief Technique Officer).

    For extra details about ceτi AI and our initiatives, customers can go to http://taoceti.ai

    Customers can comply with ceτi AI on X, Telegram, and Discord for the newest updates and neighborhood discussions.

    ContactCEODennis Jarvisceτi AIpress@taoceti.ai

    This text was initially printed on Chainwire

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