ceτi AI is elated to announce its acquisition of Big Energy Investments Inc., a Canadian company specializing in strategic investments in high-performance computing infrastructure.
According to the ceτi AI team, the acquisition is a step forward in realizing ceτi AI’s vision of advancing the development and accessibility of AI technologies. ceτi AI’s mission is to “accelerate the advancement of decentralized artificial Intelligence” through high-performance, scalable AI infrastructure created for developers and distributed networks.
Following this acquisition, Big Energy Investments Ltd entered into various agreements in principle to purchase advanced high-performance computing (HPC) infrastructure. The purchase items will include two NVIDIA Quantum-2 InfiniBand switches and five HPC servers equipped with 8 NVIDIA H100 Tensor Core GPUs. All these items are scheduled to be delivered in May 2024.
This acquisition is essential to ceτi AI’s initial North American development plan to deploy the ceτi AI Infrastructure Network. This acquisition marks a significant step into the North American Market, paving the way for revenue generation and accumulation of the CETI token ecosystem.
The ceτi AI Infrastructure Network will utilize the ceτi AI Intelligent Compute Fabric to manage and provide compute resources to decentralized physical infrastructure networks (DePIN), decentralized AI networks, and various other applications. This network is designed to provide essential computing resources to various decentralized AI technology through decentralization.
Commenting on the acquisition, Dennis Jarvis, CEO of ceτi AI, stated:
“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.”
ceτi AI, a decentralized platform dedicated to accelerating the advancement of decentralized AI. ceτi AI has designed solutions to solve the centralization of infrastructure, utilization of inefficient resources, and centralization of development. Through the ceτi AI Infrastructure Network and Intelligent Compute Fabric such as Render, Bittensor, Akash, and more, ceτi AI hopes to foster a more diverse and innovative development ecosystem.
At its core is the CETI token, which fuels the growth of decentralized AI infrastructure and rewards community participation. The token also funds the expansion of the ceτi AI infrastructure and the development of decentralized AI networks.
This acquisition and more partnerships show ceτi AI’s commitment to improving the accessibility of AI and contribution to the growth of a more diverse and decentralized ecosystem.
For more details, visit the ceτi AI website and social platforms.
