ResetData JV Announces Creation of AI Factory & Marketplace
| Stock | Centuria Capital Group (CNI.ASX) |
|---|---|
| Release Time | 12 Feb 2025, 5:10 p.m. |
| Price Sensitive | Yes |
ResetData JV Announces Creation of AI Factory & Marketplace
- Australia's first sovereign public AI Factory and AI Marketplace located within Centuria's portfolio
- ResetData announces 'Nvidia Cloud Partner' status
- ResetData pioneers enhanced business and government access to AI, machine learning, and large language model capabilities
Following Centuria Capital Group's (ASX: CNI) announcement in August 2024 that it acquired a 50% interest in new-generation data service provider, ResetData Pty Limited (ResetData), ResetData has now announced the establishment of Australia's first sovereign, public Artificial Intelligence Factory, designated 'AI-F1', and the introduction of Australia's first sovereign online AI Marketplace. The AI-F1 'supercomputer' is being constructed in an office asset owned by Centuria Office REIT (ASX: COF) and will employ state-of the art Nvidia H200 GPU clusters utilising ResetData's Liquid Cooling technology. ResetData is a member of the NVIDIA Cloud Partner program and has also achieved Dell Technologies Titanium partner status. These new offerings are expected to significantly increase the competitive landscape for Australian business and government, enabling companies of all sizes access to AI, Machine Learning (ML) and Large Language Models (LLM) on-demand. The launch of AI-F1, together with the announcement of Nvidia and Dell's prestigious partnership statuses, enables ResetData to deliver unprecedented access to new AI capabilities. The launch of Australia's first AI Factory, coupled with the AI marketplace, levels the playing field for businesses and government to access technology that was previously limited to a small number of private GPU clusters at a significantly high cost. Centuria aims to leverage ResetData to unlock value from vacancies within its office portfolio by establishing a network of CBD AI factories.
ResetData anticipates a potential pipeline of AI factories in the short-term with 10 times the cooling efficiency and one tenth the floorspace requirements of legacy data centres.