BCII Enterprises invests $60m in CETI AI's AI datacenter expansion with a revenue-sharing model.

BCII Enterprises, a public tech firm, brings a $60m investment to support CETI AI's global AI datacenter expansion. The partnership involves a revenue-sharing model, potentially giving BCII 20% of CETI AI's net revenues. The collaboration aims to enhance both companies' positions in the AI market and improve AI infrastructure capabilities. CETI AI's CEO Dennis Jarvis will discuss the future role of AI infrastructure in the AI4 conference.

August 14, 2024
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