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DeepGreenX Group Inc. and Veea Inc. have announced a groundbreaking partnership aimed at creating a global AI-driven virtual energy grid. This initiative involves a substantial investment of $140 billion in lease-financed infrastructure over the next five years, focusing on sustainable energy sources and advanced AI technologies. The collaboration will leverage Veea's edge computing capabilities to support DeepGreenX's innovative platform for energy markets.
The partnership is set to transform how energy is produced and distributed globally, utilizing a decentralized infrastructure that integrates blockchain and contextual AI. With a projected $10 billion investment in edge infrastructure, the initiative promises to enhance the trading of carbon credits and real-world assets on DeepGreenX's global exchange. This revolutionary approach aims to address critical energy challenges by enabling real-time matching of supply and demand across various regions.
• Partnership aims to create a global AI-driven virtual energy grid.
• Investment of $140 billion to enhance sustainable energy solutions.
This term refers to a network that utilizes AI to optimize energy distribution and management.
Contextual AI involves algorithms that adapt based on real-time data and environmental factors.
DePIN refers to a network structure that decentralizes control and enhances security in energy management.
DeepGreenX focuses on AI and financialization solutions for sustainable energy initiatives.
Veea specializes in edge computing and AI-driven solutions to enhance energy infrastructure.
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