Vancouver, Canada, April 18, 2024, warp thread
ceτi AI, a leader in decentralized artificial intelligence infrastructure, is pleased to announce the acquisition of Canadian company Big Energy Investments Inc., a company specializing in strategic investments in high-performance computing infrastructure. This acquisition marks an important first step in ceτi AI’s strategy to advance the development and accessibility of AI technologies.
Strategic acquisition and enhanced capabilities
Following the acquisition, Big Energy Investments, Ltd. reached an agreement in principle to purchase an advanced high-performance computing (HPC) infrastructure, including five HPC servers, each equipped with 8 NVIDIA H100 Tensor Core GPUs, and two NVIDIA Quantum-2 InfiniBand switches. , which will be delivered in May 2024. These agreements are expected to be executed within the next week, underscoring the commitment to rapidly improving technological capabilities.
This strategic enhancement is critical to the first North American deployment of the ceτi AI Infrastructure Network, which will leverage the ceτi AI Intelligent Compute Fabric to manage and provision computing resources to decentralized AI networks, decentralized physical infrastructure networks (DePIN), and various other applications. .
Strategic implementation and pilot implementation
The new HPC infrastructure will support the first North American deployment of the ceτi AI Intelligent Compute Fabric, which operates the ceτi AI Infrastructure Network. This network is designed to provide critical computing resources to a variety of decentralized customer networks and is a critical part of ceτi AI’s broader mission to democratize AI technology through decentralization. The pilot implementation will not only demonstrate the capabilities of the ceτi AI solution, but also initiate monetization and accumulation for the CETI token ecosystem.
Roadmap and future plans
The successful integration and demonstration of this infrastructure will pave the way for immediate expansion to data center-scale deployments, significantly increasing the operational capabilities of ceτi AI. Work on the CETI token ecosystem continues to progress, with its introduction being the next major milestone on the ceτi AI roadmap.
Executive insight
“This acquisition marks an important milestone in ceτi AI’s growth trajectory, in line with our strategic objectives to strengthen our infrastructure and accelerate the development of decentralized AI technologies. By integrating the resources and capabilities of Big Energy Investments, we are better positioned to innovate and expand our reach in North America,” said Dennis Jarvis, CEO of ceτi AI.
Forward-Looking Statements
This press release contains forward-looking statements regarding expected future events and expected results that are subject to significant risks and uncertainties. These include, but are not limited to, the eventual acquisition and integration of the HPC infrastructure, the deployment and performance of the ceτi AI Intelligent Compute Fabric, and the broader adoption and impact of the CETI token ecosystem. Actual outcomes and results may differ materially from those expressed or predicted in such forward-looking statements due to a variety of factors.
About ceτi AI
ceτi AI is at the forefront of revolutionizing artificial intelligence through decentralization. Committed to innovation and accessibility, ceτi AI is developing a globally distributed, powerful, scalable AI infrastructure designed to support developers and networks around the world. By democratizing access to state-of-the-art resources, ceτi AI aims to accelerate the advancement of AI technologies, making them more diverse and universally accessible. Our mission extends beyond infrastructure development; we are building a foundation for the future of AI and ensuring it grows in a way that benefits all humanity, without sacrificing freedom of choice or expression.
Users are welcome to dive deeper into our mission, technology and the future we’re building, along with the latest updates and community discussions, by visiting:
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