ceτi AI acquires Massive Power Investments Inc. to increase high-performance computing capabilities in North America

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Vancouver, Canada, April 18, 2024, Chainwire

ceτi AI, a frontrunner in distributed synthetic intelligence infrastructure, is happy to announce the acquisition of Massive Power Investments Inc., a Canadian firm specializing in strategic investments in high-performance computing infrastructure. This acquisition is a crucial step in his CeτiAI technique to advance the event and accessibility of AI expertise.

Strategic acquisitions and enhancements

Following the acquisition, Massive Power Investments, Ltd. acquired a complicated high-performance computing (HPC) infrastructure that included eight NVIDIA (NASDAQ:) H100 Tensor Core GPUs and 5 HPC servers powered by two NVIDIA Quantum. We’ve reached a primary settlement to amass it. -Two InfiniBand switches, scheduled for supply in Could 2024. These agreements are anticipated to be signed inside the subsequent week and underline our dedication to quickly growing our technical capabilities.

This strategic enhancement is vital to the preliminary deployment of the ceτi AI Infrastructure Community in North America, leveraging the ceτi AI Clever Computing Material to help decentralized AI networks, decentralized bodily infrastructure networks (DePIN), and Manages and gives computing sources to quite a lot of different functions. .

Strategic improvement and pilot implementation

The brand new HPC infrastructure will help the primary North American deployment of the ceτi AI Clever Computing Material, which manages the ceτi AI Infrastructure Community. The community is designed to offer important computing sources to quite a lot of decentralized consumer networks and is a key part of ceτi AI's broader mission to democratize AI expertise by means of decentralization. The pilot implementation is not going to solely reveal the capabilities of the ceτi AI answer, however may even start income era and accumulation for the CETI token ecosystem.

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Roadmap and future plans

Profitable integration and demonstration of this infrastructure will set the stage for rapid growth to information center-scale implementations, considerably scaling up ceτi AI's operational capabilities. The event of the CETI token ecosystem continues and its introduction is the subsequent main milestone within the ceτi AI roadmap.

government insights

“This acquisition is a crucial milestone in ceτi AI's progress trajectory and is per our strategic goals to strengthen our infrastructure and speed up the event of decentralized AI expertise. Massive Power Investments Assets By combining our capabilities, we’re higher positioned to innovate and increase our attain throughout North America,” mentioned Dennis Jarvis, CEO of ceτi AI. Masu.

Ahead-looking statements

This press launch accommodates forward-looking statements concerning anticipated future occasions and anticipated outcomes which can be topic to vital dangers and uncertainties. These embody, however aren’t restricted to, remaining procurement and integration of HPC infrastructure, deployment and efficiency of the ceτi AI Clever Computing Material, and broader adoption and affect of the CETI token ecosystem. Precise outcomes and outcomes could differ materially from these expressed or anticipated in such forward-looking statements on account of quite a lot of components.

About ceτi AI

ceτi AI is on the forefront of revolutionizing synthetic intelligence by means of decentralization. cτi AI is dedicated to innovation and accessibility, growing a globally distributed, high-performance, scalable AI infrastructure designed to empower builders and networks all over the world. ceτi AI goals to speed up the development of AI expertise by democratizing entry to cutting-edge sources, making it extra various and accessible to everybody. Our mission just isn’t restricted to infrastructure improvement. We’re constructing the muse for the way forward for AI, permitting it to develop in ways in which profit all of humanity with out sacrificing freedom of alternative and expression.

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Customers can be taught extra about our mission, expertise, and the longer term we're constructing, together with the most recent updates and neighborhood discussions, by visiting:

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contactChey Eye[email protected]

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