Artificial intelligence has become a key part of the digital transformation in the world today. However, it requires a lot of High Performance Computing power. The European market has always suffered from a lack of access to cheaper HPC power due to a variety of factors. An insufficient number of European facilities can only provide 5% of the total required resources. The existing system also suffers from latency issues that can create bottlenecks in the communication process. As it stands, many European industry players rely only on expensive U.S. facilities for their computing power.
To put an end to this dilemma, Solidus AI Tech aims to provide unmatched speed, lower costs, and efficiency through large data centers based out of Europe. To improve accessibility, they will accept payments in cryptocurrency and / or fiat currency.
Solidus AI Tech is a computation network that provides organizations with computing power for working on projects that require high performance computing power. The project aims to provide unparalleled sources of computing power to government authorities, corporations, SMEs, professionals, the metaverse, and Play2Earn projects. They have built an 8,000 square foot eco-friendly HPC data center in Bucharest, with future plans to expand them all across Europe.
The goal is to bring forth Artificial Intelligence-as-a-Service (AIaaS) and Blockchain-as-a-Service via licenses using the project’s main utility token, the AITECH token, as a payment gateway. Furthermore, Solidus AI Tech is preparing to offer rental HPC power through its unique Infrastructure-as-a-Service platform.
The Securities and Exchange Commission (SEC) has ended its investigation into tokenization firm Ondo Finance…
Michael Saylor's Strategy, previously MicroStrategy, has made another weekly Bitcoin purchase despite concerns that it…
Robinhood is set to enter Indonesia's fast-growing crypto market. The company announced the acquisition of…
The world’s leading crypto exchange Binance announces support for Midnight network’s native token NIGHT. The…
The crypto market is poised for a huge week as traders prepare for another possible…
Harvard University is investing more in Bitcoin than in gold, according to Bitwise CIO Matt…