In a groundbreaking announcement, Chainwire ceτi AI has solidified an extended purchase agreement with Cedarcross International Technologies, Inc. This partnership includes the acquisition of three additional high-performance computing (HPC) servers, each equipped with 8 NVIDIA H100 Tensor Core GPUs. Furthermore, there is an option to procure an additional 200 identical HPC servers, marking a significant milestone in the development of AI infrastructure.
The new servers, featuring NVIDIA’s most advanced H100 GPUs, are set to augment ceτi AI’s pilot-scale installation in British Columbia. This expansion paves the way for a 25x increase in the ceτi AI Global Infrastructure Network, allowing for enhanced GPU and server allocation through Q3, 2024. The arrival of these cutting-edge servers within approximately 45 days is expected to bolster the network’s capacity to facilitate a wide range of AI application development and research endeavors.
The firm’s pilot installation represents a state-of-the-art solution for web3 protocols, independent development teams, and advanced AI research groups. Comprising an 8-server, 64 GPU scalable unit, this infrastructure can be expanded linearly and infinitely to meet evolving demands. Notably, the purchase agreement includes an option to acquire up to 200 additional HPC servers from Cedarcross by September 30th, 2024, underscoring a mutual dedication to sustained growth and technological progress in the decentralized AI sector.
ceτi AI has already identified potential hyperscale data center sites for the supplementary servers in Montreal, New Jersey, and Santa Clara. The company is currently in the process of securing investment for the procurement, installation, and initial operation of these servers. CEO Dennis Jarvis emphasizes the unprecedented demand from various stakeholders for the underlying chip and server infrastructure that will drive the forthcoming Age of Artificial Intelligence. He emphasizes the significance of strong partnerships, exceptional talent, and collaborative efforts in realizing this ambitious goal.
Cedarcross International Technologies Inc. is an affiliate of Alset Capital Inc., a publicly traded Canadian entity listed on the TSX Venture exchange. Specializing in offering cost-effective access to state-of-the-art, high-performance computing hardware, Cedarcross primarily relies on NVIDIA’s cutting-edge H100 chips to power its offerings.
At the forefront of the decentralized artificial intelligence (dAI) movement, ceτi AI is dedicated to driving innovation and accessibility in the field. The company develops globally distributed, high-performance, scalable AI infrastructure aimed at empowering the next wave of AI development worldwide. Established in March of 2024 by industry veterans Dennis Jarvis, Aaron Smith-Hayes, Austin Spencer, and Tony Evans, ceτi AI embodies a vision of transformative progress in the realm of artificial intelligence.