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Cryptocurrency News Articles

Ceτi AI Acquires Big Energy Investments, Propelling democratization of AI

Apr 18, 2024 at 10:04 pm

ceτi AI, a leader in decentralized AI infrastructure, has acquired Big Energy Investments Inc., a Canadian firm specializing in strategic investment in high-performance computing infrastructure. This acquisition marks a significant step in ceτi AI's strategy to advance the development and accessibility of AI technologies, as it will enhance the company's capabilities to manage and provide compute resources to decentralized AI networks and other applications. The acquisition includes agreements to acquire advanced HPC infrastructure, underpinning the initial North American deployment of the ceτi AI Infrastructure Network, which is designed to democratize AI technology through decentralization.

Ceτi AI Acquires Big Energy Investments, Propelling democratization of AI

Ceτi AI Acquires Big Energy Investments Inc., Accelerating the Democratization of AI

Vancouver, British Columbia, Canada - January 17, 2023 - Ceτi AI, a trailblazing leader in decentralized artificial intelligence infrastructure, proudly announces its acquisition of Big Energy Investments Inc., a Canadian company renowned for its strategic investments in high-performance computing infrastructure. This audacious move represents a monumental first step in Ceτi AI's unwavering mission to propel the development and egalitarian access to cutting-edge AI technologies.

Synergistic Acquisition and Unparalleled Capabilities

Following the acquisition, Big Energy Investments, Ltd. has swiftly secured agreements in principle to acquire state-of-the-art high-performance computing (HPC) infrastructure, encompassing five formidable HPC servers. Each server boasts eight NVIDIA H100 Tensor Core GPUs, effortlessly handling complex computational tasks. Additionally, two NVIDIA Quantum-2 InfiniBand switches will ensure lightning-fast data transfer rates, facilitating seamless interconnections within the colossal HPC network. These agreements are poised for execution within the forthcoming week, reflecting Ceτi AI's unwavering commitment to rapidly bolstering its technological capabilities.

This strategic enhancement serves as the cornerstone for the initial North American deployment of the Ceτi AI Infrastructure Network. Leveraging the innovative Ceτi AI Intelligent Compute Fabric, this robust network will allocate and manage compute resources seamlessly across decentralized AI networks, decentralized physical infrastructure networks (DePINs), and a myriad of other applications.

Strategic Deployment and Groundbreaking Implementation

The newly acquired HPC infrastructure will form the bedrock for the maiden North American deployment of the Ceτi AI Intelligent Compute Fabric, which meticulously orchestrates the Ceτi AI Infrastructure Network. This network is meticulously engineered to furnish critical compute resources to a diverse spectrum of decentralized client networks. It embodies a pivotal component of Ceτi AI's grand vision to democratize AI technology through the transformative power of decentralization.

The groundbreaking pilot implementation will not only showcase the unparalleled capabilities of the Ceτi AI solution but also pave the way for revenue generation and accumulation within the thriving CETI token ecosystem.

Roadmap and Visionary Future

The seamless integration and demonstration of this cutting-edge infrastructure will lay the groundwork for an immediate expansion to data-center scale implementations, exponentially amplifying Ceτi AI's operational prowess. Concurrently, diligent efforts continue to refine and evolve the CETI token ecosystem, with its introduction marking the next pivotal milestone on Ceτi AI's ambitious roadmap.

Executive Insights: A Visionary Leader's Perspective

"This strategic acquisition represents a pivotal inflection point in Ceτi AI's trajectory of growth, aligning seamlessly with our overarching goals to fortify our infrastructure and accelerate the development of transformative decentralized AI technologies. By seamlessly integrating Big Energy Investments' invaluable resources and expertise, we are poised to ignite innovation and expand our footprint across North America," proclaimed Dennis Jarvis, the visionary CEO of Ceτi AI.

Forward-Looking Statements: Shaping the Future of AI

This press release contains forward-looking statements that delve into anticipated future events and projected outcomes. However, these projections remain subject to inherent risks and uncertainties. These include, but are not limited to, the successful procurement and integration of HPC infrastructure, the seamless 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 deviate significantly from those expressed or forecasted in such forward-looking statements due to a myriad of factors.

About Ceτi AI: A Catalyst for AI Democratization

Ceτi AI stands at the forefront of revolutionizing artificial intelligence through the transformative power of decentralization. Guided by an unwavering commitment to innovation and accessibility, Ceτi AI develops globally distributed, high-performance, and infinitely scalable AI infrastructure. This infrastructure is meticulously designed to empower developers and networks worldwide, fostering collaboration and innovation.

By democratizing access to cutting-edge resources, Ceτi AI aims to catalyze the advancement of AI technologies, making them more diverse and universally accessible. Our mission extends beyond infrastructure development; we are laying the foundation for the future of AI, ensuring its growth in a manner that benefits all of humanity without sacrificing freedom of choice or expression.

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