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ceτi AI Secures $80M of NVIDIA GPUs and Hardware to Expand Global AI Infrastructure Network by 25x

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    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
    [email protected]

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    WaveMaker Announces React Native Studio, Accelerates iOS and Android App Development

    2024-10-01T12:00:00Z

    Empowers web developers to build native mobile apps, provides custom reusable components with enterprise-grade scaffolding and high quality code generation

    Plano, TX, Oct. 01, 2024 (GLOBE NEWSWIRE) -- WaveMaker, the breakthrough development system for accelerating modern software development, announces React Native studio that makes native mobile app building accessible to web developers familiar with JavaScript.

    React Native technology accelerates and simplifies development of mobile applications that have all of the features commonly found in truly native applications. This has led to a resurgence in demand for mobile applications among organizations. WaveMaker helps overcome React Native skill shortages in developer teams by empowering developers with web skills using a low code approach.

    “Businesses today need to innovate faster than ever, and our React Native-based platform helps them do just that,” said Deepak Anupalli, Co-founder and CTO of WaveMaker. “By combining low code with React Native, we enable teams to build cross-platform, secure, enterprise-grade and experience rich mobile apps at a fraction of the time and cost. This solution is designed to help companies stay ahead in a fast-moving, mobile-first world.”

    WaveMaker Studio for React Native provides web developers a familiar JavaScript paradigm to create apps for both iOS and Android devices from a single codebase, and translates complex CSS and components into high quality React Native code. The integrated low code driven development environment comes with tools for testing, debugging, installer creation and deployment.

    WaveMaker uses a unique reusable prefab component system that serves both web and mobile application architectures. While factory components can be used with minimal customization, it provides a way for developers to bring in their custom components and design system elements. This significantly reduces development time and ensures a consistent user experience across both web and mobile platforms.

    With React Native at its core, WaveMaker’s platform empowers developers to build seamless, native-like apps for both iOS and Android from a single codebase, significantly reducing time-to-market. The platform integrates agile methodologies, allowing for iterative development and quick adaptation to market changes, enabling companies to release apps up to thrice as fast.

    WaveMaker uses its cloud infrastructure to allow customers to access scalable resources and streamline deployment processes. This reduces operational costs and enhances the overall performance and reliability of web and mobile applications built on the platform.

    About WaveMaker

    WaveMaker, Inc. is a privately held independent software vendor that offers enterprise teams building a large number of web and mobile applications a high-performance accelerator platform that is driven by AI and low code. A unique component architecture and scaffolding based on open standards makes the platform highly customizable, secure, generate extensible Angular and React Native code, and open to third party integrations. Global companies in fintech, banking, telecom, and healthcare across 17 countries use WaveMaker platform to deliver API-driven, enterprise-grade web and mobile software to their customers. WaveMaker is headquartered in the Dallas-Fort Worth metro area with R&D in Hyderabad, India. For more information, visit wavemaker or follow @WaveMaker on Twitter and LinkedIn.

    CONTACT: Joanne Hogue
Smart Connections PR for WaveMaker
+1 (410) 658-8246  
[email protected]

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