bitcoin
bitcoin

$94389.046602 USD

-1.84%

ethereum
ethereum

$3334.865166 USD

-0.85%

tether
tether

$0.998524 USD

-0.01%

xrp
xrp

$2.142949 USD

-0.98%

bnb
bnb

$694.675341 USD

0.75%

solana
solana

$184.510702 USD

-2.29%

dogecoin
dogecoin

$0.313870 USD

0.02%

usd-coin
usd-coin

$1.000012 USD

0.00%

cardano
cardano

$0.869541 USD

0.41%

tron
tron

$0.260508 USD

2.22%

avalanche
avalanche

$36.522472 USD

-2.35%

toncoin
toncoin

$5.713684 USD

-0.46%

chainlink
chainlink

$21.320628 USD

-6.89%

shiba-inu
shiba-inu

$0.000022 USD

-0.07%

sui
sui

$4.033850 USD

-4.53%

Cryptocurrency News Articles

ceti AI Acquires Big Energy Investments to Fuel Decentralized AI Revolution

Apr 18, 2024 at 10:14 pm

ceτi AI, a leader in decentralized AI infrastructure, has acquired Canadian firm Big Energy Investments Inc., a move that will boost ceτi AI's infrastructure and accelerate decentralized AI development. The acquisition will lead to the deployment of advanced HPC infrastructure, including servers and switches, in May 2024. This infrastructure will support the North American rollout of ceτi AI's Intelligent Compute Fabric, enabling the provision of compute resources for decentralized AI networks and other applications.

ceτi AI Acquires Big Energy Investments to Expand Decentralized AI Infrastructure

Vancouver, Canada, April 18, 2024 - ceτi AI, a trailblazing leader in decentralized artificial intelligence infrastructure, today announces the groundbreaking acquisition of Canadian-based Big Energy Investments Inc., a renowned firm specializing in strategic investments in high-performance computing infrastructure. This transformative acquisition marks a pivotal chapter in ceτi AI's ambitious strategy to propel the development and accessibility of AI technologies.

Strategic Infrastructure Expansion

The acquisition empowers Big Energy Investments Ltd. to procure state-of-the-art high-performance computing (HPC) infrastructure, signaling a commitment to the immediate enhancement of technological capabilities. The acquisition encompasses five HPC servers, each equipped with eight NVIDIA H100 Tensor Core GPUs, and two NVIDIA Quantum-2 InfiniBand switches scheduled for delivery in May 2024. These strategic enhancements lay the foundation for the initial North American deployment of the ceτi AI Infrastructure Network, leveraging the company's Intelligent Compute Fabric to allocate and manage computing resources for decentralized AI networks, decentralized physical infrastructure networks (DePINs), and a wide spectrum of applications.

Deployment and Pilot Implementation

The newly acquired HPC infrastructure will serve as the bedrock for the inaugural North American deployment of the ceτi AI Intelligent Compute Fabric, the core orchestrator of the ceτi AI Infrastructure Network. This network is meticulously designed to provide indispensable computing resources to a diverse clientele of decentralized networks, embodying ceτi AI's unwavering commitment to democratizing AI technology through decentralization.

This pilot implementation will not only showcase the formidable capabilities of the ceτi AI solution, but also lay the groundwork for revenue generation and accumulation within the CETI token ecosystem. The seamless integration and successful demonstration of this infrastructure will pave the way for immediate expansion to data center-scale implementations, significantly augmenting ceτi AI's operational prowess.

Roadmap and Future Prospects

This acquisition underscores ceτi AI's rapid growth trajectory and unwavering commitment to bolstering its infrastructure and expediting the development of decentralized AI technologies. By harnessing Big Energy Investments' resources and expertise, ceτi AI is poised for innovation and expansion across North America. Concurrently, the CETI token ecosystem continues to evolve, with its introduction marking the next major milestone in ceτi AI's roadmap.

Executive Vision

"Today, we celebrate a pivotal milestone in ceτi AI's growth journey," said Dennis Jarvis, CEO of ceτi AI. "This strategic acquisition aligns seamlessly with our vision to propel decentralized AI technologies. Through the integration of Big Energy Investments' invaluable resources, we are poised to innovate and expand our reach across North America, empowering the future of AI development."

Forward-Looking Statements

This press release contains forward-looking statements that envision future outcomes and anticipated results. These statements are subject to inherent risks and uncertainties, including the successful procurement and integration of the HPC infrastructure, the deployment and performance of the ceτi AI Intelligent Compute Fabric, and the broader adoption of the CETI token ecosystem. Actual results may vary materially from those expressed or implied in these forward-looking statements due to various factors.

About ceτi AI

ceτi AI stands at the forefront of revolutionizing artificial intelligence through decentralization. Driven by innovation and inclusivity, ceτi AI is developing a globally distributed, high-performance, and scalable AI infrastructure tailored to empower developers and networks worldwide. By democratizing access to cutting-edge resources, ceτi AI accelerates the advancement of AI technologies, fostering diversity and universal accessibility.

Beyond infrastructure development, ceτi AI is committed to shaping the future of AI, ensuring its growth benefits humanity collectively without compromising freedom of choice or expression.

For a comprehensive understanding of ceτi AI's mission, technology, and the future it envisions, visit:

  • Litepaper
  • Website
  • X
  • Telegram
  • Discord

Media Contact

ceτi AIPress@taoceti.ai

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Dec 28, 2024