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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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    Tauro Markets Launches Next-Gen Trading Platform to Enhance Global Trading Experience

    2024-10-04T01:27:47Z

    Providing retail and institutional clients with more investment choices, Tauro Markets aims to reshape the trading experience while expanding its global presence

    DUBAI, United Arab Emirates, Oct. 04, 2024 (GLOBE NEWSWIRE) -- Tauro Markets, a multi-asset trading platform, is launching with the financial backing of the newly formed Synervest Group. By moving beyond traditional CFD offerings, Tauro Markets aims to deliver a wider range of innovative financial instruments to both retail and institutional investors worldwide, meeting the evolving demands of today’s financial markets.

    A key aspect of this launch is the integration of advanced financial technologies. Tauro Markets is providing clients with modern tools that allow for seamless trading across multiple asset classes, introducing improved trading algorithms, faster execution speeds, and access to a broader range of digital assets.

    “Our mission is to create a next-gen brokerage platform that leverages our leadership’s deep industry experience, providing a well-rounded suite of investment opportunities,” said Alexander Oelfke, CEO of Tauro Markets. “We’ve taken the lessons learned from our previous ventures and are focused on filling the gaps in the market while also creating solutions that will be relevant for years to come.”

    Backed by the newly formed Synervest Group, a FinTech-focused investment holding company, Tauro Markets operates as the group’s core trading platform, while maintaining operational independence. Synervest provides strategic financial backing, allowing Tauro Markets to benefit from key investments in technology and payment infrastructure. This support positions Tauro Markets to scale its operations and continue expanding into new markets while enhancing its product offerings.

    Tauro Markets is led by an experienced team from reputable firms. Their knowledge will continue to drive growth and global expansion.

    “With a strong leadership team coming together, Tauro Markets is in a prime position to scale its operations and expand into new markets globally,” added Alexander Oelfke.

    For more information, visit the Tauro Markets website at Tauromarkets.com.

    About Tauro Markets

    Tauro Markets is a multi-asset trading platform offering retail and institutional clients access to a broad range of investment products. Through its next-gen brokerage platform, Tauro Markets provides innovative financial tools and opportunities, including Forex, CFDs, commodities, indices, and a wider range of digital assets. Focused on empowering traders with more diverse and flexible investment options, Tauro Markets is working to redefine the trading experience by providing a comprehensive suite of investment products and utilizing advanced financial technologies. Backed by industry veterans and guided by an experienced leadership team, the company plans to make a significant impact in the market.

    Contact
    Contact Persons: Tauro Markets Team
    Organization: Tauro Markets
    Site: Tauromarkets.com
    Email: [email protected]


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