FOR IMMEDIATE RELEASE
Vancouver, Canada, June 11th, 2024 – Chainwire
ceτi AI is excited to announce an expanded partnership with Cedarcross International Technologies, Inc. for the acquisition of three additional high-performance computing (HPC) servers. These servers will be equipped with 8 NVIDIA H100 Tensor Core GPUs each, with an option to purchase an additional 200 identical HPC servers. This partnership marks the successful completion of ceτi AI’s pilot-scale installation in British Columbia and paves the way for a 25x expansion of the ceτi AI Global Infrastructure Network, including additional GPU and server allocation throughout Q3, 2024.
The new servers, powered by NVIDIA’s cutting-edge H100 GPUs, are expected to be delivered within 45 days, enhancing the network’s capacity to support a wide range of AI application development and research. The pilot installation by the firm offers a state-of-the-art solution for web3 protocols, independent development teams, and advanced AI research teams in an 8-server, 64 GPU scalable unit that can be expanded infinitely.
In addition to the immediate network expansion, the agreement also includes the option to purchase up to 200 identical HPC servers from Cedarcross by September 30th, 2024, demonstrating the commitment of both companies to sustained growth and technological advancement in the decentralized AI sector. ceτi AI has already identified potential hyperscale data center locations in Montreal, New Jersey, and Santa Clara for the additional servers and is actively seeking investment for their procurement, installation, and initial operation.
Dennis Jarvis, CEO of ceτi AI, stated, “We are witnessing an unprecedented demand from institutional developers, independent researchers, and blockchain protocols for the physical chip and server infrastructure that will drive the upcoming Age of Artificial Intelligence. Establishing the extensive physical infrastructure for decentralized AI requires strong partnerships, top-tier talent, and deep collaboration towards our shared objective. We are delighted to collaborate with Cedarcross as a valued partner that embodies these qualities.”
About Cedarcross International Technologies Inc.
Cedarcross International Technologies Inc. is a subsidiary of Alset Capital Inc., a publicly listed Canadian company on the TSX Venture exchange. Cedarcross specializes in providing cost-effective access to cutting-edge, high-performance computing hardware, predominantly powered by NVIDIA’s advanced H100 chips.
About ceτi AI
ceτi AI is a pioneer in the decentralized artificial intelligence (dAI) movement. Committed to innovation and inclusivity, ceτi AI develops globally distributed, high-performance, scalable AI infrastructure tailored to drive the next era of AI development worldwide. Founded in March 2024 by industry veterans Dennis Jarvis (CEO), Aaron Smith-Hayes (CTO), Austin Spencer (CFO), and Tony Evans (Chief Strategy Officer).
For more information about ceτi AI and its initiatives, please visit http://taoceti.ai. Follow ceτi AI on X, Telegram, and Discord for the latest updates and community discussions.
Contact:
CEO
Dennis Jarvis
ceτi AI
[email protected]
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