Elektros and Next Realm AI to Revolutionize Energy Efficiency in Data Centers with Renewable Power Solutions

Rhea-AI Summary

Elektros (OTC PINK:ELEK) has entered into a Memorandum of Understanding (MOU) with Next Realm AI to develop renewable energy solutions for data centers. This partnership aims to address the increasing energy demands of AI workloads, which are expected to consume up to 13% of global electricity by 2030. The collaboration focuses on:

1. Integrating solar energy and advanced battery storage systems
2. Utilizing lithium from Elektros' mining operations
3. Developing AI-driven energy management systems and smart grids
4. Establishing new governance standards in AI and renewable energy
5. Scaling sustainable solutions globally

This initiative positions Elektros and Next Realm AI at the forefront of balancing AI technology growth with environmental responsibility in data center operations.

Positive

• Partnership with Next Realm AI to develop renewable energy solutions for data centers
• Potential to tap into a growing market as AI workloads increase energy demands
• Utilization of Elektros' own lithium mining operations for battery storage systems
• Development of AI-driven energy management systems and smart grids
• Positioning as a leader in sustainable data center operations

Negative

• None.

SUNNY ISLES BEACH, FL / ACCESSWIRE / September 16, 2024 / Elektros (OTC PINK:ELEK), an emerging force in electric mobility, has entered into a Memorandum of Understanding (MOU) with Next Realm AI to spearhead renewable energy innovations tailored for the data center industry.

As global AI adoption accelerates, so does the demand for reliable and sustainable energy solutions. AI workloads are rapidly increasing, and data centers are expected to consume up to 13% of global electricity by 2030 (Nature). Elektros and Next Realm AI are stepping in to address this challenge by focusing on solar energy integration and advanced battery storage systems. Lithium from Elektros' own mining operations will be used to power these initiatives, creating an end-to-end renewable energy ecosystem for AI-driven data centers.

This partnership is not only focused on renewable energy solutions but also aims to enhance AI-driven energy management systems. Next Realm AI will develop cutting-edge smart grids that optimize energy usage, distribute renewable energy more effectively, and improve the overall reliability of data center infrastructures.

In addition to driving innovation in energy management, this collaboration is set to establish new governance standards in the AI and renewable energy space. Next Realm AI will lead the creation of an advisory board consisting of industry experts to shape the future of sustainable data center operations.

By combining AI with renewable energy, this alliance positions itself at the forefront of a rapidly evolving industry, balancing the explosive growth of AI technology with a commitment to environmental responsibility. Looking ahead, Elektros and Next Realm AI aim to scale these sustainable solutions globally, setting new benchmarks for energy-efficient, AI-powered infrastructure that will shape the future of data centers.

About Next Realm AI

Next Realm AI is a New York based innovation lab and consulting firm focused on commercial development of next generation technologies such as artificial intelligence, data analytics, quantum computing. https://nextrealm.ai

About Elektros, Inc.

Elektros (OTC PINK:ELEK) is a vertically integrated sustainable energy company focused on lithium mining, electric vehicle charging, solar energy storage, and power supply for AI data centers. We are at the forefront of the clean energy transition, driving innovation in mobility and energy technologies to combat the global climate crisis and deliver transformative user experiences. www.elektros.energy

Follow of Facebook: https://www.facebook.com/Elektrosenergy

Cautionary Language Concerning Forward-Looking Statements

This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential," and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for Elektros, Inc.'s products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time to time in Elektros Inc.'s filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs, and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting Elektros Inc., please refer to the Company's Securities and Exchange Commission filings, which are available at www.sec.gov. Elektros, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

CONTACT:
Elektros, Inc. IR and Media Inquiries
Email: ElektrosInc@gmail.com

SOURCE: Elektros, Inc.

View the original press release on accesswire.com

FAQ

What is the purpose of Elektros' partnership with Next Realm AI?

Elektros (ELEK) has partnered with Next Realm AI to develop renewable energy solutions for data centers, focusing on solar energy integration, advanced battery storage systems, and AI-driven energy management to address the increasing energy demands of AI workloads.

How will Elektros contribute to the renewable energy solutions for data centers?

Elektros (ELEK) will contribute lithium from its own mining operations to power the renewable energy initiatives, including advanced battery storage systems for data centers.

What is the projected energy consumption of data centers by 2030 according to the press release?

According to the press release, data centers are expected to consume up to 13% of global electricity by 2030, as cited from Nature.

How does Elektros (ELEK) plan to address the environmental impact of increasing AI workloads?

Elektros (ELEK) plans to address the environmental impact of increasing AI workloads by developing renewable energy solutions, implementing AI-driven energy management systems, and creating smart grids to optimize energy usage in data centers.