Alpha Transform Holdings announces strategic investment in ceτi AI
June 20 2024 - 12:00PM
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 HoldingsAlpha
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 ResearchActive
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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info (at) alphasigma.fund