Vancouver, Canada, June 11th, 2024,
Chainwire
ceτi AI is proud to announce an extended purchase
agreement with Cedarcross International
Technologies, Inc. for three additional high-performance
computing (HPC) servers, each equipped with 8 NVIDIA H100 Tensor
Core GPUs, plus an option to purchase an additional 200 identical
HPC servers. The agreement marks the completion of ceτi AI’s
pilot-scale installation in British Columbia, and opens the door to
a 25x expansion of the ceτi AI Global Infrastructure Network with
additional GPU and server allocation through Q3, 2024.
The new servers, powered by NVIDIA’s most advanced H100 GPUs,
are expected to arrive within approximately 45 days, further
boosting the network’s capacity to support a broad range of AI
application development and research. The firm’s pilot installation
presents a state-of-the-art solution for web3 protocols,
independent development teams, and advanced AI research teams in an
8-server, 64 GPU scalable unit that can be expanded linearly and
indefinitely.
In addition to the network’s immediate expansion, the agreement
also includes an option to purchase up to 200 identical HPC servers
from Cedarcross through September 30th, 2024, underscoring both
firms’ commitment to sustained growth and technological advancement
in the decentralized AI space. ceτi AI has identified hyperscale
data center candidate sites for the additional servers in Montreal,
New Jersey, and Santa Clara, and is now in the process of securing
investment for their purchase, installation, and initial
operation.
“We’re seeing unprecedented demand from institutional
developers, independent researchers, and blockchain protocols for
the physical chip and server infrastructure set to power the coming
Age of Artificial Intelligence. Deploying the enormous physical
infrastructure for decentralized AI requires strong relationships,
world-class talent, and deep cooperation in pursuit of our common
goal. We’re proud to work with Cedarcross as a valued partner that
brings all of these qualities to the table,” said Dennis Jarvis,
CEO of ceτi AI.
About Cedarcross
Cedarcross International Technologies Inc. is
an investee company of Alset Capital Inc., a publicly traded
Canadian company listed on the TSX Venture
exchange. Cedarcross specializes in providing low-cost access
to cutting-edge, high-performance computing hardware, primarily
powered by NVIDIA’s advanced H100 chips.
About ceτi AI
ceτi AI is at the forefront of the decentralized
artificial intelligence (dAI) movement. Committed to innovation and
accessibility, ceτi AI develops globally distributed,
high-performance, scalable AI infrastructure designed to power the
next generation of AI development worldwide. ceτi AI was founded in
March of 2024 by long-time industry leaders Dennis Jarvis (CEO),
Aaron Smith-Hayes (CTO), Austin Spencer (CFO), and Tony Evans
(Chief Strategy Officer).
For more information about ceτi AI and our initiatives, users
can visit http://taoceti.ai
Users can follow ceτi AI on X, Telegram, and Discord for the latest updates and community
discussions.
Contact
CEO
Dennis
Jarvis
ceτi
AI
press@taoceti.ai