SINGAPORE, Sept. 12, 2023 (GLOBE NEWSWIRE) — SAI.TECH Global Corporation (SAI.TECH or SAI or the Company, NASDAQ: SAI, SAITW) said today that its business unit LATESTWIT had begun research, development and manufacturing of a containerized data center (the Product) with immersive liquid cooling capabilities, in combination with Gigabytes’ HPC immersion servers.
The preliminary Product design is a 40-foot Tier III container capable of holding Gigabyte HPC/AI immersion servers housed in four 36U cooling tanks with a total rack size of 144U.
The Product will provide a stable operating environment for dedicated AI GPUs such as A100/H100. A key feature of the Product will be an interface designed to recycle IT waste heat, which represents a step towards energy efficiency and sustainability. The A1 product prototype will be tested and operated at the SAI NODE Marietta Computing Heat Recycle Center. In the meantime, B1 Bitcoin mining box products with liquid cooling and heat recycling capabilities are operational at SAI NODE Marietta.
In addition to the hardware features of the Products, SAI.TECH intends to provide artificial intelligence services globally. Its branch, Boltbit limitedis researching and developing GPU cloud services, including IaaS (Infrastructure as a Service) and MaaS (Model as a Service), for AI-savvy companies around the world.
Information on SAI.TECH
SAI.TECH is a Nasdaq (SAI) listed company headquartered in Singapore. SAI is committed to providing a zero-carbon energy system (HEATNUC) based on Small Modular Reactor, providing clean computing services based on liquid cooling and chip waste heat utilization (ULTIWIT) technology, and providing cloud computing based on blockchain and AI technology (BOLTBIT).
In May 2022, SAI became a publicly traded company under the new symbol SAI on the Nasdaq Stock Market (NASDAQ) through a merger with TradeUP Global Corporation (TradeUP). For more information on SAI.TECH, visit https://sai.tech/.
About Giga Computing
Giga Computing Technology is an industry innovator and leader in the enterprise computing market. Having broken away from GIGABYTE, we retain hardware expertise in manufacturing and product design, while operating as an independent company that can direct greater investment in core competencies. We offer a comprehensive product portfolio that addresses all workloads from the data center to the edge, including traditional and emerging workloads in HPC and AI, data analytics, 5G/edge, cloud computing and more. Our long-standing partnerships with key technology leaders ensure that our new products are the most advanced and coincide with new partner platforms. Our systems incorporate performance, security, scalability and sustainability. To find out more, visit https://www.gigabyte.com/Enterprise and sign up for our newsletter.
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This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words believe, expect, anticipate, plan, objectives, optimistic, confident that, continue to, expect, intend, aim, will or similar expressions have for the purpose of identifying forward-looking statements. All statements other than statements of historical fact are statements that may be deemed to be forward-looking statements. These forward-looking statements include, but are not limited to, statements regarding SAI.TECH and the Company’s operations, financial performance and condition that are based on current expectations, beliefs and assumptions, which are subject to change at any time. SAI.TECH cautions that these statements by their nature involve risks and uncertainties and that actual results could differ materially depending on a variety of important factors such as government and securities regulations, competition, political, economic and social conditions throughout the world, including those discussed in SAI.TECH’s Form 20-F under the headings Risk Factors, Results of Operations and Business Overview and other reports filed from time to time with the Securities and Exchange Commission. All forward-looking statements speak only as of the date they are made and SAI.TECH expressly disclaims any obligation to maintain or update any forward-looking information, whether of the nature contained in this release or otherwise, in the future.
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