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

Vancouver, Canada, June eleventh, 2024, Chainwire

ceτi AI is proud to announce an prolonged buy settlement with Cedarcross Worldwide Applied sciences, Inc. for 3 extra high-performance computing (HPC) servers, every outfitted with 8 NVIDIA (NASDAQ:) H100 Tensor Core GPUs, plus an choice to buy an extra 200 an identical 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 enlargement of the ceτi AI International Infrastructure Community with extra GPU and server allocation by way of 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 help a broad vary of AI utility growth and analysis. The agency’s pilot set up presents a state-of-the-art resolution for web3 protocols, impartial growth groups, and superior AI analysis groups in an 8-server, 64 GPU scalable unit that may be expanded linearly and indefinitely.

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Along with the community’s rapid enlargement, the settlement additionally contains an choice to buy as much as 200 an identical HPC servers from Cedarcross by way of September thirtieth, 2024, underscoring each corporations’ dedication to sustained progress and technological development within the decentralized AI area. 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 technique of securing funding for his or her buy, set up, and preliminary operation.

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

About Cedarcross

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Cedarcross Worldwide Applied sciences Inc. is an investee firm of Alset Capital Inc., a publicly traded Canadian firm listed on the TSX Enterprise alternate. Cedarcross focuses on 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 following era 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 most recent updates and neighborhood discussions.

ContactCEODennis Jarvisceτi AIpress@taoceti.ai

This text was initially revealed on Chainwire

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