AI infrastructure provider led by former Bitcoin.com CEO Dennis Jarvis is formed to accelerate and democratize decentralized AI
Tampa, FL, June 20, 2024 (GLOBE NEWSWIRE) -- Alpha Transform Holdings Alpha Liquid Fund today announced a new investment in ceτi AI (CETI), an AI infrastructure provider that is accelerating the advancement of decentralized artificial intelligence through energy-driven infrastructure.
Founded by a team of visionaries led by Dennis Jarvis (formerly of Bitcoin.com and Apple), ceτi AI is on a mission to democratize access to AI by building a globally distributed, high-performance, intelligent, and scalable infrastructure network that supports innovative decentralized AI networks. By optimizing the overall use of resources across the network, ceτi AI produces economically useful work at all times, reducing waste, and lowering the barriers to entry for AI development, thereby accelerating innovation and reducing costs for everyone.
"We believe that compute power, and specifically access to cutting edge GPUs, will be the new oil in the race to develop and implement new AI models”, said Enzo Villani, Founder and CEO of Alpha Transform Holdings. "ceτi AI is emerging as a clear leader in this space both in terms of raw network capacity and in decentralizing access to compute, leading to a more efficient and fair playing field for artificial intelligence development."
"We are excited about Alpha Transform Holdings' strategic investment and their confidence in our vision. This partnership will accelerate our efforts to democratize AI and push the boundaries of decentralized AI infrastructure," said Dennis Jarvis, CEO of ceτi AI. "With this investment, we are well-positioned to scale our infrastructure, support more decentralized networks, and drive innovation in the AI sector."
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).
About Alpha Transform Holdings
Alpha Transform Holdings (ATH) is a digital asset organization dedicated to ushering in the future of blockchain-powered Web3. With our deep knowledge and expertise, we invest in and advise innovative companies and decentralized projects that leverage blockchain technology to revolutionize traditional industries such as financial services, healthcare, media & entertainment, and more. We work closely with portfolio companies to drive value while creating outsized returns and are renowned for our detailed research on growing blockchain initiatives. Our mission is simple: to accelerate the mass adoption of distributed ledger technology through investments that provide impactful solutions with long-term sustainability. Our vision is an open, connected world powered by secure decentralized systems so that everyone can benefit from the new tech economy. https://www.alphatransform.io/.
About Alpha Sigma Capital Research
Active Investing in the Blockchain Economy.™
Alpha Sigma Capital Research is provided by Alpha Sigma Capital Advisors, LLC, the Investment Manager for the Alpha Blockchain/Web3 Fund and Alpha Liquid Fund. Alpha Sigma Capital (ASC) investment funds are focused on emerging blockchain companies that are successfully building their user-base, demonstrating real-world uses for their decentralized ecosystems, and moving blockchain technology towards mass-adoption. ASC is focused on companies leveraging blockchain technology to provide value-add in areas such as fintech, AI, supply chain, and healthcare. Apply to receive ASC Research at www.alphasigma.fund/research.
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