UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
6-K
REPORT
OF FOREIGN PRIVATE ISSUER
PURSUANT
TO RULE 13a-16 OR 15d-16
OF
THE SECURITIES EXCHANGE ACT OF 1934
For
the month of September 2023
Commission
File Number: 001-40368
SAI.TECH
Global Corporation
(Exact
name of registrant as specified in its charter)
#01-05
Pearl’s Hill Terrace, Singapore, 168976
(Address
of principal executive office)
Indicate
by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form
20-F ☒ Form 40-F ☐
Press
Release
On
September 14, 2023, SAI.TECH Global Corporation issued a press release to announce the introduction of an immersion containerized data
center paired with GIGABYTE’s HPC immersion servers.
A
copy of the press release is furnished as Exhibit 99.1 to this current report on Form 6-K and incorporated by reference herein.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereto duly authorized.
Date: September 21, 2023 |
SAI.TECH GLOBAL CORPORATION |
|
|
|
|
By: |
/s/ Risheng
Li |
|
Name: |
Risheng Li |
|
Title: |
Chief Executive Officer |
3
Exhibit
99.1
SAI.TECH Announces an Immersion Containerized
Data Center Paired with GIGABYTE’s HPC Immersion Servers
Singapore, Sept. 14 (GLOBAL NEWSWIRE) –
This release is a full correction of the previous one with the Headline “SAI.TECH releases AI mobile liquid cooling computing center
product A1, equipped with Gigabyte’s A100/H100 immersion servers” issued on September 12, 2023 at 5:31 AM ET by SAI.TECH Global Corporation
(NASDAQ: SAI, SAITW). The corrected release follows:
SAI.TECH Global Corporation (“SAI.TECH”
or “SAI” or the “Company”, NASDAQ: SAI, SAITW) declared today that its business unit ULTIWIT had begun
the research, development and production of a containerized data center (the “Product”) with immersive liquid cooling capabilities,
in conjunction with GIGABYTE’s HPC immersion servers.
The preliminary design of the Product is a 40-ft
container with Tier III Standard, which is able to contain HPC/AI immersion servers from GIGABYTE that are placed in four 36U cooling
tanks with the total rack size of 144U.
The Product will provide a stable operating environment
for AI-dedicated GPUs. A key feature of the Product will be the equipment of an interface designed to recycle computing waste heat, which
is a step towards energy efficiency and sustainability. The prototype of the A1 Product will be tested and operated at the SAI NODE Marietta
Computing Heat Recycle Center. In the future, SAI plans to help customers deploy A100, H100, A800 and other models of the same class in
the A1 Product, and to achieve faster centralized and modularized rapid deployment of large-scale computing power. Meanwhile, the B1 products
—— Bitcoin mining boxes with liquid cooling and heat recycle capabilities are operating at SAI NODE Marietta.
Above the Product’s hardware features, SAI.TECH
intends to provide AI services globally. Its subsidiary, Boltbit Limited, is researching and developing GPU cloud service, including
IaaS (Infrastructure as a Service) and MaaS (Model as a Service), for AI-savvy companies worldwide.
About SAI.TECH
SAI.TECH is a Nasdaq-listed (SAI) company headquartered
in Singapore. SAI is dedicated to providing a zero-carbon energy system (HEATNUC) based on Small Modular Reactor, providing clean computing
services based on liquid cooling and chip waste heat utilization technology (ULTIWIT), and providing cloud computing services based on
blockchain and AI technology (BOLTBIT).
In May 2022, SAI became a publicly traded company
under the new ticker symbol “SAI” on the Nasdaq Stock Market (NASDAQ) through a merger with TradeUP Global Corporation (“TradeUP”).
For more information on SAI.TECH, please visit https://sai.tech/.
About Giga Computing
Giga Computing Technology is an industry innovator
and leader in the enterprise computing market. Having spun off from GIGABYTE, we maintain hardware expertise in manufacturing and product
design, while operating as a standalone business that can drive more investment into core competencies. We offer a complete product portfolio
that addresses all workloads from the data center to edge including traditional and emerging workloads in HPC and AI to data analytics,
5G/edge, cloud computing, and more. Our longstanding partnerships with key technology leaders ensure that our new products will be the
most advanced and coincide with new partner platforms. Our systems embody performance, security, scalability, and sustainability. To find
out more, visit https://www.gigabyte.com/Enterprise and join our newsletter.
Safe Harbor Statement:
This press release may contain forward-looking
statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words “believe”, “expect”,
“anticipate”, “project”, “targets”, “optimistic”, “confident that”, “continue
to”, “predict”, “intend”, “aim”, “will” or similar expressions are intended to identify
forward-looking statements. All statements other than statements of historical fact are statements that may be deemed forward-looking
statements. These forward-looking statements include, but not limited to, statements concerning SAI.TECH and the Company’s operations,
financial performance, and condition are based on current expectations, beliefs and assumptions which are subject to change at any time.
SAI.TECH cautions that these statements by their nature involve risks and uncertainties, and actual results may differ materially depending
on a variety of important factors such as government and stock exchange regulations, competition, political, economic, and social conditions
around the world including those discussed in SAI.TECH’s Form 20-F under the headings “Risk Factors”, “Results
of Operations” and “Business Overview” and other reports filed with the Securities and Exchange Commission from time
to time. All forward-looking statements are applicable only as of the date it is made and SAI.TECH specifically disclaims any obligation
to maintain or update the forward-looking information, whether of the nature contained in this release or otherwise, in the future.
Media Contact
pr@sai.tech
Investor Relations Contact
ir@sai.tech
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