Strategic Gains at AI4: BCII Enterprises Excited to Grow Revenue Partnership With CETI, Receiving Up to 20% of Net Revenue

Rhea-AI Summary

BCII Enterprises Inc. (OTC PINK:BCII) announces a strategic partnership with CETI AI, a leading AI infrastructure provider. BCII has committed a $60 million investment to expand CETI AI's global AI datacenter network. The partnership includes a revenue-sharing model allowing BCII to receive up to 20% of CETI AI's net revenues.

CETI AI's CEO, Dennis Jarvis, will participate in the AI4 conference in Las Vegas, discussing the future of AI infrastructure. The partnership aims to accelerate BCII's growth in the AI market while strengthening CETI AI's infrastructure capabilities. CETI AI offers state-of-the-art AI server solutions, including NVIDIA H100 and H200, to conference attendees at special rates.

Positive

• BCII secures up to 20% of CETI AI's net revenues through strategic partnership
• $60 million investment in CETI AI's global AI datacenter network expansion
• Access to cutting-edge AI infrastructure and hard-to-get AI chips through CETI AI partnership
• Potential for expanding revenues and market positioning in the fast-growing AI sector

Negative

• Significant $60 million capital commitment may impact BCII's short-term financial flexibility

NEW YORK, NY / ACCESSWIRE / August 13, 2024 / BCII Enterprises Inc. (OTC PINK:BCII), a pioneering public company, proudly announces its strategic support for CETI AI, a leading provider of AI infrastructure solutions, at the prestigious AI4 conference. The event, scheduled for August 15-16, 2024, in Las Vegas, NV, will feature CETI AI's CEO, Dennis Jarvis, on a panel titled "The Future of Humans & Machines - The Economy, Human Well-Being & The World."

As part of a strategic agreement, BCII Enterprises has committed a $60 million investment to bolster CETI AI's expansion of its global AI datacenter network. This partnership is structured around an innovative revenue-sharing model that allows BCII to receive up to 20% of CETI AI's net revenues. This agreement not only strengthens CETI AI's infrastructure capabilities but also ensures BCII's participation in the fast-growing AI market.

"We are excited to partner with CETI AI, a leader in AI datacenter and infrastructure, to accelerate our own growth and market positioning in the AI space," said Andreas Typaldos, CEO of BCII Enterprises. "CETI AI's unique access to the latest, most powerful, and hard-to-get AI chips and servers allows for rapid and planned growth of their AI datacenter network. This translates into expanding revenues, market positioning, and enterprise valuation, benefiting both CETI AI's and BCII's shareholders."

Dennis Jarvis, CEO of CETI AI, will discuss the crucial role of AI infrastructure in the future of artificial intelligence during the conference. "Our mission is to ensure that AI infrastructure is accessible, efficient, and capable of supporting the next generation of AI innovations. We are focused on expanding our AI capabilities and working closely with both public and private companies to achieve this," said Jarvis.

Tony Evans, Chief Strategy Officer of CETI AI, who will also be attending the conference, expressed enthusiasm for the partnership and the opportunities it presents. "We're here at AI4 to make deals and offer our state-of-the-art AI server solutions, including the NVIDIA H100 and H200, at special rates for attendees. We are looking forward to working with entrepreneurs, private companies, and public corporations to advance AI technology," Evans stated.

For more information about CETI AI and its offerings, please visit www.taoceti.ai

About BCII Enterprises

BCII Enterprises is dedicated to supporting innovative technologies and companies through strategic investments and collaborations. Led by CEO Andreas Typaldos, BCII Enterprises is committed to advancing AI capabilities and fostering the growth of cutting-edge technological solutions.

About CETI AI

CETI AI is a pioneering AI infrastructure company focused on delivering high-performance server solutions to support decentralized AI operations. With a mission to democratize access to AI technology, CETI AI works with companies and protocols to ensure that AI advancements benefit a broad spectrum of industries.

Media Contact:

Richard Spencer
BCII Enterprises
Email: press@bciient.com
Website: http://bciient.com/

Contact Information

Richard Spencer
Media Contact
press@bciient.com

SOURCE: BCII Enterprises Inc.

View the original press release on accesswire.com

FAQ

What is the revenue-sharing agreement between BCII Enterprises (BCII) and CETI AI?

BCII Enterprises (BCII) has secured a revenue-sharing agreement with CETI AI that allows BCII to receive up to 20% of CETI AI's net revenues.

How much has BCII Enterprises (BCII) invested in CETI AI's expansion?

BCII Enterprises (BCII) has committed a $60 million investment to support the expansion of CETI AI's global AI datacenter network.

What AI server solutions is CETI AI offering at the AI4 conference in August 2024?

CETI AI is offering state-of-the-art AI server solutions, including the NVIDIA H100 and H200, at special rates for attendees of the AI4 conference.

Who will represent CETI AI at the AI4 conference panel in August 2024?

CETI AI's CEO, Dennis Jarvis, will participate in a panel titled 'The Future of Humans & Machines - The Economy, Human Well-Being & The World' at the AI4 conference.