SAI.TECH Global (NASDAQ: SAI, SAITW) announces its participation at the 2024 SelectUSA Investment Summit on June 23 in Maryland. This event is a key platform for international tech startups entering the U.S. market. Dr. Tao Wu will present SAI's initiatives, including the Computing Heat Recycling R&D Center in Marietta, OH. This center features the Advanced Computing Center Ecosystem (ACCE) with WITBOX, HEATBOX, and USERBOX systems that enhance heat recycling from computing servers. The WITBOX system captures over 97% of generated heat, while HEATBOX manages heat supply, and USERBOX integrates heating solutions for various applications. Additionally, SAI's educational program on computing heat recycling has received local government accolades and community grants.
On June 17, 2024, SAI.TECH Global (NASDAQ: SAI, SAITW) announced that its Computing Heat Recycle Center Education Program has received grants from the Marietta Community Foundation (MCF). A total of $97,290 was awarded to local organizations, with $7,582 allocated to SAI.TECH’s program. This initiative aims to provide students with hands-on learning in data centers, AI, and computing heat recycling, also addressing food insecurity through greenhouse operations using recycled heat. The program is supported by SAI.TECH’s Advanced Computing Center Ecosystem (ACCE) and facilities in Marietta, featuring WITBOX, HEATBOX, and USERBOX systems to enhance heat recycling efficiency.
SAI.TECH Global has signed an MOU with Green Agritech for the Canada Manitoba Site Project to establish a 1MW computing data center. The project will utilize SAI's waste heat recovery technology to recycle heat for onsite use, marking the company's entry into the Canadian sustainable computing market. SAI will partner with OCEC for facility development, share revenues and costs with Green Agritech, and secure miners for the data center.
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