ceτi AI Secures $80M of NVIDIA GPUs and Hardware to Expand Global AI Infrastructure Network by 25x
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.
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
Ceτi AI Acquires Big Energy Investments Inc. to Boost Its High-Performance Computing Capabilities...
Vancouver, Canada, April 18th, 2024, Chainwire
ceτi AI, a leader in decentralized artificial intelligence infrastructure, is pleased to announce its acquisition of Canadian company Big Energy Investments Inc., a firm specializing in strategic investment in high-performance computing infrastructure. This acquisition marks a significant first step in ceτi AI’s strategy to advance the development and accessibility of AI technologies.
Strategic Acquisition and Enhanced Capabilities
Following the acquisition, Big Energy Investments, Ltd. has reached agreements in principle to acquire advanced high-performance computing (HPC) infrastructure, including five HPC servers, each equipped with 8 NVIDIA H100 Tensor Core GPUs, and two NVIDIA Quantum-2 InfiniBand switches, set to be delivered in May 2024. These agreements are anticipated to be executed within the next week, underscoring the commitment to enhancing the technological capabilities promptly.
This strategic enhancement is pivotal for the initial North American deployment of the ceτi AI Infrastructure Network, which will utilize the ceτi AI Intelligent Compute Fabric to manage and provide compute resources to decentralized AI networks, decentralized physical infrastructure networks (DePIN), and various other applications.
Strategic Deployment and Pilot Implementation
The new HPC infrastructure will underpin the first North American deployment of the ceτi AI Intelligent Compute Fabric, which manages the ceτi AI Infrastructure Network. This network is designed to provide essential compute resources to a variety of decentralized client networks and is a critical component of ceτi AI’s broader mission to democratize AI technology through decentralization. The pilot implementation will not only demonstrate the capabilities of the ceτi AI solution but also initiate revenue generation and accumulation for the CETI token ecosystem.
Roadmap and Future Plans
The successful integration and demonstration of this infrastructure will set the stage for immediate expansion to data-center scale implementations, significantly scaling up ceτi AI’s operational capabilities. Work continues to progress on the CETI token ecosystem, with its introduction being the next major milestone on the ceτi AI roadmap.
Executive Insight
“This acquisition marks a significant milestone in ceτi AI’s growth trajectory, aligning with our strategic goals to bolster our infrastructure and accelerate the development of decentralized AI technologies. By integrating Big Energy Investments’ resources and capabilities, we are better positioned to innovate and expand our reach across North America,” said Dennis Jarvis, CEO of ceτi AI.
Forward-Looking Statements
This press release contains forward-looking statements relating to expected future events and anticipated results that are subject to significant risks and uncertainties. These include, but are not limited to, the final procurement and integration of HPC infrastructure, the deployment and performance of the ceτi AI Intelligent Compute Fabric, and the broader adoption and impact of the CETI token ecosystem. Actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to a variety of factors.
About ceτi AI
ceτi AI is at the forefront of revolutionizing artificial intelligence through decentralization. Committed to innovation and accessibility, ceτi AI develops globally distributed, high-performance, scalable AI infrastructure designed to empower developers and networks worldwide. By democratizing access to state-of-the-art resources, ceτi AI aims to accelerate the advancement of AI technologies, making them more diverse and universally accessible. Our mission extends beyond infrastructure development; we are building a foundation for the future of AI, ensuring it grows in a manner that benefits all of humanity without sacrificing freedom of choice or expression.
Users are welcome to dive deeper into our mission, technology, and the future we’re building along with the latest updates and community discussions by visiting:
litepaper I Website I X I Telegram I Discord
Contact
ceτi AIpress@taoceti.ai
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Why decentralize AI? At $CETI AI, we believe in power without central control. Our decentralized AI means faster innovation, robust security, and a community-driven approach that puts control back in your hands. 🌐🔓
Gonna start building a position in $CETI here as I feel like it's in a prime position to make a huge move once we get a rotation back into #AI and #DePin plays. No need to rush as the market is shaky and memes are still king but I think from here and lower is a great buying opp.
$CETI team is building the infrastructure necessary to decentralize AI with real compute power. Contrary to most of the GPU projects you've seen shilled throughout CT in the last several months, CETI is putting their money where their mouth is, spending over 2 million buying 40 NVIDIA H100 gpus and 2 NVIDIA switches that enable huge compute power. (chainwire.org/2024/04/18/ce%…)
The new NVSwitch allows CETI to connect all 40 H100 GPUs to provide up to 3200GB of vram which is pretty insane. This is just the pilot program starting, so one can envision what they have in store for the future.
The team is experienced, doxxed and well connected. They all have long tenured careers in software, AI, business and crypto that show you what a real team looks like, as opposed to some of these teams claiming to have good gpu/cloud computing tech.
While CETI does have buy/sell tax, you can clearly see that the money is being put to good use and not just farming traders for money and building small server rooms in their basement. Money is being poured into real datacenters with the some of the highest quality GPUs on the market along with partnerships that will create real revenue for CETI which in turn benefits holders with rev share.
All-in-all I see a great opportunity here to get in early on a good AI/DePin project sitting at 20m mcap. Compare that to projects like$ Opsec, $GPU, and $HASHAI that all topped at around 280m mcap. I don't think any of them have the connections or vision to accomplish what $CETI plans on accomplishing. They all may have more GPUs but when it comes to CETI its quality over quantity.
Heres some links to the website and socials so you can DYOR.
$CETI has just made a major move in boosting its high-performance computing capabilities by acquiring Big Energy Investments Inc. This acquisition includes top-notch infrastructure, including five HPC servers with 8 NVIDIA H100 Tensor Core GPUs each, along with two NVIDIA Quantum-2 InfiniBand switches. Stay tuned for more updates on the @ceti_ai project!
Nothing to report on the technical analysis side of things. Almost day 100 in this accumulation range, the longer we coil up in this range the bigger the expansion out of it will be. The move from the lows into range highs was +400%, a similar move to the upside once range breaks would send us to 0.12.
On the fundamental side of things, so much on the horizon for Fideum:
- Launchpad going live - Apple pay integration with HODL cards - "FiChain" - their own EVM. This would bring mass adoption and utility of the FI token. - CEX listings (inevitable, not sure which though) - New staking tiers - EMI license.
Once we break out of range and start to tick off these updates coming to fruition, you'd expect 1Bn marketcap to be easily achievable.