ceτi AI Acquires Massive Power Investments Inc. to Increase Its Excessive-Efficiency Computing Capabilities in North America

[PRESS RELEASE – Vancouver, Canada, April 18th, 2024]

ceτi AI, a frontrunner in decentralized synthetic intelligence infrastructure, is happy to announce its acquisition of Canadian firm Massive Power Investments Inc., a agency specializing in strategic funding in high-performance computing infrastructure. This acquisition marks a major first step in ceτi AI’s technique to advance the event and accessibility of AI applied sciences.

Strategic Acquisition and Enhanced Capabilities

Following the acquisition, Massive Power Investments, Ltd. has reached agreements in precept to accumulate superior high-performance computing (HPC) infrastructure, together with 5 HPC servers, every outfitted with 8 NVIDIA H100 Tensor Core GPUs, and two NVIDIA Quantum-2 InfiniBand switches, set to be delivered in Might 2024. These agreements are anticipated to be executed throughout the subsequent week, underscoring the dedication to enhancing the technological capabilities promptly.

This strategic enhancement is pivotal for the preliminary North American deployment of the ceτi AI Infrastructure Community, which is able to make the most of the ceτi AI Clever Compute Material to handle and supply compute sources to decentralized AI networks, decentralized bodily infrastructure networks (DePIN), and varied different purposes.

Strategic Deployment and Pilot Implementation

The brand new HPC infrastructure will underpin the primary North American deployment of the ceτi AI Clever Compute Material, which manages the ceτi AI Infrastructure Community. This community is designed to supply important compute sources to a wide range of decentralized shopper networks and is a crucial element of ceτi AI’s broader mission to democratize AI expertise via decentralization. The pilot implementation won’t solely show the capabilities of the ceτi AI answer but additionally provoke income era and accumulation for the CETI token ecosystem.

Roadmap and Future Plans

The profitable integration and demonstration of this infrastructure will set the stage for instant enlargement to data-center scale implementations, considerably scaling up ceτi AI’s operational capabilities. Work continues to progress on the CETI token ecosystem, with its introduction being the subsequent main milestone on the ceτi AI roadmap.

Government Perception

“This acquisition marks a major milestone in ceτi AI’s development trajectory, aligning with our strategic objectives to bolster our infrastructure and speed up the event of decentralized AI applied sciences. By integrating Massive Power Investments’ sources and capabilities, we’re higher positioned to innovate and increase our attain throughout North America,” stated Dennis Jarvis, CEO of ceτi AI.

Ahead-Trying Statements

This press launch accommodates forward-looking statements regarding anticipated future occasions and anticipated outcomes which are topic to vital dangers and uncertainties. These embody, however should not restricted to, the ultimate procurement and integration of HPC infrastructure, the deployment and efficiency of the ceτi AI Clever Compute Material, and the broader adoption and affect of the CETI token ecosystem. Precise outcomes and outcomes might differ materially from what’s expressed or forecasted in such forward-looking statements attributable to a wide range of components.

About ceτi AI

ceτi AI is on the forefront of revolutionizing synthetic intelligence via decentralization. Dedicated to innovation and accessibility, ceτi AI develops globally distributed, high-performance, scalable AI infrastructure designed to empower builders and networks worldwide. By democratizing entry to state-of-the-art sources, ceτi AI goals to speed up the development of AI applied sciences, making them extra various and universally accessible. Our mission extends past infrastructure growth; we’re constructing a basis for the way forward for AI, guaranteeing it grows in a way that advantages all of humanity with out sacrificing freedom of alternative or expression.

Customers are welcome to dive deeper into our mission, expertise, and the long run we’re constructing together with the newest updates and neighborhood discussions by visiting:

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