Vancouver, Canada, April 18th, 2024, Chainwire
ceτi AI, a frontrunner in decentralized synthetic intelligence infrastructure, is happy to announce its acquisition of Canadian firm Massive Power 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, Massive Power Investments, Ltd. has reached agreements in precept to accumulate superior high-performance computing (HPC) infrastructure, together with 5 HPC servers, every outfitted with 8 NVIDIA (NASDAQ:) H100 Tensor Core GPUs, and two NVIDIA Quantum-2 InfiniBand switches, set to be delivered in Could 2024. These agreements are anticipated to be executed inside 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 can make the most of the ceτi AI Clever Compute Cloth to handle and supply compute sources to decentralized AI networks, decentralized bodily infrastructure networks (DePIN), and numerous 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 Cloth, which manages the ceτi AI Infrastructure Community. This community is designed to supply important compute sources to a wide range of decentralized consumer networks and is a essential element of ceτi AI’s broader mission to democratize AI know-how via decentralization. The pilot implementation is not going to solely exhibit the capabilities of the ceτi AI resolution but in addition provoke income technology and accumulation for the CETI token ecosystem.
Roadmap and Future Plans
The profitable integration and demonstration of this infrastructure will set the stage for quick 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 following main milestone on the ceτi AI roadmap.
Government Perception
“This acquisition marks a major milestone in ceτi AI’s progress trajectory, aligning with our strategic objectives to bolster our infrastructure and speed up the event of decentralized AI applied sciences. By integrating Massive Power Investments’ sources and capabilities, we’re higher positioned to innovate and broaden our attain throughout North America,” stated Dennis Jarvis, CEO of ceτi AI.
Ahead-Trying Statements
This press launch comprises forward-looking statements referring to anticipated future occasions and anticipated outcomes which might be topic to important dangers and uncertainties. These embody, however are usually not restricted to, the ultimate procurement and integration of HPC infrastructure, the deployment and efficiency of the ceτi AI Clever Compute Cloth, and the broader adoption and influence of the CETI token ecosystem. Precise outcomes and outcomes might differ materially from what’s expressed or forecasted in such forward-looking statements resulting from a wide range of elements.
About ceτi AI
ceτi AI is on the forefront of revolutionizing synthetic intelligence via 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 selection or expression.
Customers are welcome to dive deeper into our mission, know-how, and the longer term we’re constructing together with the newest updates and neighborhood discussions by visiting:
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Contactceτi AIpress@taoceti.ai
This text was initially revealed on Chainwire
