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ceτi AI secures $80 million in NVIDIA GPUs and {hardware} to develop international AI infrastructure community 25x

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Vancouver, Canada, June 11, 2024, Chainwire

ceτi AI is proud to announce an prolonged buy settlement with Cedarcross Worldwide Applied sciences, Inc. to a few further high-performance computing (HPC) servers, every geared up with 8 NVIDIA (NASDAQ: ) H100 Tensor Core GPUs, plus the choice to buy an extra 200 an identical HPC servers. The deal marks the completion of the ceτi AI pilot set up in British Columbia and opens the door to a 25x growth of the ceτi AI World Infrastructure Community with further GPU and server allocations by Q3 2024.

The brand new servers, powered by NVIDIA's most superior H100 GPUs, are anticipated to reach in roughly 45 days, additional enhancing the community's capability to help a variety of AI software growth and analysis. The corporate's pilot set up represents a state-of-the-art resolution for web3 protocols, impartial growth groups, and superior AI analysis groups in an 8-server, 64-GPU scalable unit that may scale linearly and with out restrict.

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Along with the quick community growth, the settlement additionally consists of an choice to buy as much as 200 an identical HPC servers from Cedarcross by way of September 30, 2024, underscoring each firms' dedication to continued development and technological development within the decentralized AI area. ceτi AI has recognized hyperscale information middle candidate websites for extra servers in Montreal, New Jersey and Santa Clara and is now securing funding for his or her buy, set up and preliminary operation.

“We’re seeing unprecedented demand from institutional builders, impartial researchers and blockchain protocols for the bodily chip and server infrastructure that may energy the approaching age of synthetic intelligence. Deploying large bodily infrastructure for decentralized AI requires sturdy relationships, world-class expertise, and deep collaboration in pursuit of our frequent objective. We’re proud to work with Cedarcross as a valued accomplice that brings all of those qualities to the desk,” stated Dennis Jarvis, CEO of ceτi AI.

About Cedarcross

Cedarcross Worldwide Applied sciences Inc. is the funding agency of Alset Capital Inc., a publicly traded Canadian firm listed on the TSX Enterprise Trade. Cedarcross makes a speciality of offering low-cost entry to state-of-the-art, high-performance computing {hardware}, primarily powered by superior NVIDIA H100 chips.

About AI

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ceτi AI is on the forefront of the decentralized synthetic intelligence (dAI) motion. Dedicated to innovation and availability, ceτi AI is creating a globally distributed, high-performance, and scalable AI infrastructure designed to help the subsequent era of AI growth all over the world. ceτi AI was based in March 2024 by long-time trade leaders Dennis Jarvis (CEO), Aaron Smith-Hayes (CTO), Austin Spencer (CFO) and Tony Evans (Chief Technique Officer).

For extra details about ceτi AI and our initiatives, customers can go to http://taoceti.ai

Customers can comply with ceτi AI on X, Telegram and Discord for the newest updates and neighborhood discussions.

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ContactChief Govt OfficerDennis Jarvishonor AIpress@taoceti.ai

This text was initially printed on Chainwire

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