Velocium, Inc., a High Performance Compute Company Optimized for AI, to go public on Nasdaq via Merger with Maquia Capital Acquisition Corp.
2024年7月20日 - 9:50AM
Velocium, Inc., a groundbreaking high performance compute and
artificial intelligence infrastructure company, is launching its
innovative cloud solution. By utilizing proprietary VPUs designed
to consolidate CPU, GPU, and TPU functions on a single chip,
Velocium aims to create a flexible and versatile development
environment for large language models and inference.
Velocium, Inc. ("Company") and Maquia Capital
Acquisition Corp. (NASDAQ: MAQCU) ("Maquia"), a publicly traded
special purpose acquisition company, announced today that they have
entered into a definitive business combination agreement that will
result in Velocium, Inc. becoming a publicly listed company. The
transaction values the Company at $445,000,000.
Upon closing, the surviving Company is expected
to be named Velocium with its common stock trading on The Nasdaq
Stock Market under the symbol of “VAI.” The company will continue
to be headquartered in Miami, Florida and led by its CEO, Daniel
Kochis.
Mr. Kochis points out “The combination of
Velocium and Maquia is an exciting step forward in providing high
performance computing capability to the market. As we look towards
the future of artificial intelligence, it is crucial to consider
its broader impact on our infrastructure and environment. Analysts
estimate that the overall increase in data center power consumption
due to AI will reach approximately 200 terawatt-hours per year
between 2023 and 2030. By 2028, it is expected that AI will account
for about 19% of data center power demand. Our planned solutions
assist in making data processing more energy efficient in several
aspects.”
Daniel has a proven track record of driving
strategic growth through successful deal-making. He played a key
role in Alibaba’s first US acquisition, subsequent international
expansions, and strategic partnerships that increased its market
cap by over $15 billion. More recently, as one of the first
employees at Chainlink and its Head of Global Partnerships, Daniel
helped establish the company as the industry standard for Web3
middleware. He facilitated over 500 strategic partnerships,
resulting in over $11 trillion in transactional value.
As another member of the executive team,
Nicholas Wise, V.P. Government Relations, has stated, “As we
navigate the rapid growth of our digital economy, it's important to
recognize the significant energy demands of data centers on US
infrastructure and how Velocium minimizes that stress.”
Nicholas speaks from his long experience in
government and representing large public corporations. His
background includes serving as Deputy Assistant Attorney General at
the U.S. Department of Justice for developing and implementing
legislative policy and acting as the principal liaison to the White
House and Congress.
Additional information about the proposed
transaction, including a copy of the definitive business
combination agreement, will be included in one or more Current
Reports on Form 8-K to be filed by Maquia with the Securities and
Exchange Commission ("SEC") and available at www.sec.gov.
Contact:
Guillermo Eduardo Cruz Maquia Capital Acquisition Corporation 50
Biscayne Boulevard, Suite 2406, Miami, FL 33132
E-mail: guillermo@maquiacapital.com Telephone: (785)
758-8872
Maquia Capital Acquisition (NASDAQ:MAQC)
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Maquia Capital Acquisition (NASDAQ:MAQC)
過去 株価チャート
から 8 2023 まで 8 2024