Vancouver, Canada – June 11th, 2024 – Chainwire
ceτi AI is excited to announce a new purchase agreement with Cedarcross International Technologies, Inc. for three additional high-performance computing (HPC) servers, each featuring 8 NVIDIA H100 Tensor Core GPUs. The agreement also includes an option to buy an additional 200 identical HPC servers. This marks the successful completion of ceτi AI’s initial installation in British Columbia and sets the stage for a significant expansion of the ceτi AI Global Infrastructure Network, with more GPU and server resources being allocated through Q3, 2024.
These cutting-edge servers, powered by NVIDIA’s latest H100 GPUs, are expected to be delivered within the next 45 days. They will greatly enhance the network’s capacity to support various AI application development and research projects. The pilot installation by the firm offers a state-of-the-art solution for web3 protocols, independent development teams, and advanced AI research groups. This 8-server, 64 GPU scalable unit can be expanded indefinitely in a linear fashion.
In addition to the immediate network expansion, the agreement also allows for the potential purchase of up to 200 identical HPC servers from Cedarcross until September 30th, 2024. This demonstrates the commitment of both companies to ongoing growth and technological progress in the decentralized AI sector. ceτi AI has already identified suitable locations for the additional servers in hyperscale data centers in Montreal, New Jersey, and Santa Clara, and is actively seeking investment for their acquisition, installation, and initial operation.
About Cedarcross:
Cedarcross International Technologies Inc. is a subsidiary of Alset Capital Inc., a publicly traded Canadian company listed on the TSX Venture exchange. Specializing in affordable access to cutting-edge, high-performance computing hardware, Cedarcross primarily utilizes NVIDIA’s advanced H100 chips.
About ceτi AI:
Leading the decentralized artificial intelligence (dAI) movement, ceτi AI is dedicated to innovation and inclusivity. The company develops globally distributed, high-performance, scalable AI infrastructure to drive the next wave 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 projects, please visit http://taoceti.ai. Follow ceτi AI on X, Telegram, and Discord for the latest news and community discussions.
Contact:
CEO Dennis Jarvis
ceτi AI
[email protected]
