ceτi AI, a leading player in the decentralized artificial intelligence (dAI) movement, has recently announced an extended purchase agreement with Cedarcross International Technologies, Inc. for three additional high-performance computing (HPC) servers. These servers are equipped with 8 NVIDIA H100 Tensor Core GPUs, showcasing the commitment of both companies to cutting-edge technology. Moreover, the agreement includes an option to purchase an additional 200 identical HPC servers, signifying a significant expansion of ceτi AI’s Global Infrastructure Network.
The new servers powered by NVIDIA’s most advanced H100 GPUs are expected to enhance the network’s capacity for supporting a wide range of AI application development and research. This development marks a crucial milestone in the evolution of AI infrastructure, setting the stage for the integration of emerging technologies and innovative solutions in the field. The ability to scale the server infrastructure linearly and indefinitely presents a state-of-the-art solution for web3 protocols, independent development teams, and advanced AI research teams.
In addition to the immediate expansion of the network, the agreement with Cedarcross also includes the option to purchase up to 200 identical HPC servers through September 30th, 2024. This strategic move underscores the mutual commitment of both companies to sustained growth and technological advancement in the decentralized AI space. Ceτi AI has already identified potential data center sites for the additional servers in Montreal, New Jersey, and Santa Clara, signaling a proactive approach towards infrastructure development and expansion.
The CEO of ceτi AI, Dennis Jarvis, highlighted the unprecedented demand from institutional developers, independent researchers, and blockchain protocols for advanced AI infrastructure. He emphasized the importance of strong relationships, world-class talent, and deep collaboration in deploying the necessary physical infrastructure for decentralized AI. The partnership with Cedarcross is seen as a strategic move to leverage their expertise and resources in fulfilling the growing demand for high-performance computing hardware.
Cedarcross International Technologies Inc. is an investee company of Alset Capital Inc., a publicly traded Canadian company listed on the TSX Venture exchange. Specializing in providing low-cost access to cutting-edge, high-performance computing hardware powered by NVIDIA’s advanced H100 chips, Cedarcross plays a crucial role in facilitating technological innovation and accessibility in the AI industry. On the other hand, ceτi AI, founded in March of 2024 by industry leaders Dennis Jarvis, Aaron Smith-Hayes, Austin Spencer, and Tony Evans, is dedicated to developing globally distributed, high-performance, scalable AI infrastructure to drive the next wave of AI development worldwide.
The extended purchase agreement between ceτi AI and Cedarcross International Technologies, Inc. marks a significant step towards advancing AI infrastructure and technology. By investing in cutting-edge hardware and expanding their network capacity, ceτi AI is poised to make a considerable impact on the decentralized AI space and shape the future of AI development globally.