sweet crude
2週前
Trump announces $20B plan to build new data centers
President-elect Donald Trump has announced that Hussain Sajwani, an Emirati billionaire businessman who founded the property development giant DAMAC Properties, will invest $20 billion in new data centers across the United States.
The first phase of the multi-year investment will fund data centers in Arizona, Illinois, Indiana, Louisiana, Michigan, Ohio, Oklahoma, and Texas, Trump said during a press conference at his Mar-a-Lago home on Tuesday. The data centers will primarily support AI and cloud technologies.
sweet crude
2週前
NEWS: ELEK Vector Database and AI Agents
Elektros Expands AI Data Center Initiative with Focus on Small Language Models and Vector Databases
SUNNY ISLES BEACH, FL / ACCESSWIRE / January 10, 2025 / Elektros (OTC PINK:ELEK), a leader in electric mobility and lithium mining, today announced it is evaluating strategic opportunities in the AI infrastructure sector through the development of specialized private data centers.
Electros has begun initial development plans, with Next Realm AI, a member of the NVIDIA Developer Program, to establish a network of private AI data centers specializing in Small Language Models (SLMs) and AI Agents tailored for targeted industry sectors.
The strategic move aligns with the company's vision to capitalize on the rapidly evolving AI landscape and increasing demand for specialized AI infrastructure. The planned data centers aim to harness the rapidly expanding market for vector databases and AI Agent development platforms, positioning the company to capitalize on the surging demand for advanced AI-driven data management solutions.
Tom Bustamante, Founder & CEO of Next Realm AI, commented, "Our strategic alignment with Elektros comes at a pivotal moment as SLMs and AI Agents emerge as game-changing technologies for enterprise automation. With increased federal support for AI infrastructure and the explosive growth in vector databases, we're uniquely positioned to capture this transformative opportunity in specialized AI deployment."
Key highlights of the initiative include:
Leveraging Elektros' expertise in lithium energy solutions to create efficient, sustainable AI data centers
Focusing on Small Language Models and AI Agents for specific niche sectors, addressing the growing demand for specialized AI solutions
Exploring the potential of Large Action Models (LAMs) to revolutionize how businesses interact with digital and physical systems
Elektros is evaluating opportunities to pursue federal grants and contracts, as the incoming administration signals its commitment to modernizing AI infrastructure through increased data center spending. The company is developing a framework for potential proposals in 2025 that could align with key federal agencies' AI initiatives, which may position Elektros to participate in government partnerships while expanding its presence in the evolving AI infrastructure sector.
To stay informed about these exclusive networking events, interested parties are invited to join our Elektros Investor Network at https://elektros.energy/investors/
About Elektros, Inc.
Elektros (OTC PINK:ELEK) is a vertically integrated sustainable energy company focused on lithium mining, electric vehicle charging, solar energy storage, and power supply for AI data centers. We are at the forefront of the clean energy transition, driving innovation in mobility and energy technologies to combat the global climate crisis and deliver transformative user experiences. www.elektros.energy
Follow on Facebook: https://www.facebook.com/Elektrosenergy
Cautionary Language Concerning Forward-Looking Statements
This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential," and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for Elektros, Inc.'s products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time to time in Elektros Inc.'s filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs, and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting Elektros Inc., please refer to the Company's Securities and Exchange Commission filings, which are available at www.sec.gov. Elektros, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
https://www.otcmarkets.com/stock/elek/news/story?e&id=3098802
sweet crude
3週前
Article on Elektros and quantum data systems
January 2, 2025
Next Realm AI Unveils Quantum-Ready Data Center Strategy
(NEW YORK, NY) – Next Realm AI, an innovation research lab and consulting firm in the areas of artificial intelligence (AI) and quantum computing, announced its strategic initiative to develop quantum systems for data centers as part of its comprehensive data center strategy.
As part of this strategy, we recently announced a strategic partnership with Elektros (OTC:ELEK) to develop advanced data centers with an internal focus towards quantum computing capabilities.
The initiative will include:
Supply chain for specialized quantum hardware infrastructure
Utilizing Qiskit software stack for quantum algorithm development
Creating quantum-classical hybrid solutions
Implementing advanced cooling systems for quantum processors
“While quantum remains in its early stages, we envision quantum-ready data centers enabling businesses to harness the power of quantum computing without extensive in-house infrastructure,” said Tom Bustamante, the Founder & CEO of Next Realm AI. “We will partner with leading quantum hardware manufacturers and leverage Qiskit to create a robust ecosystem for quantum innovation.”
By leveraging IBM’s Qiskit quantum programming language, the company will explore development of cloud-based Quantum Computing as a Service (QCaaS) tools and utilities. This strategic move will enable clients to access cutting-edge quantum capabilities through our cloud, reducing entry barriers and allowing for scalable exploration of quantum applications across industries
To expedite the realization of this project, Next Realm AI is actively pursuing both strategic and investment partnerships. These collaborations will be crucial in accelerating the development and deployment of our quantum-enabled data center initiative.
We believe by leveraging our expertise in AI and quantum computing, coupled with Elektros’ proficiency in sustainable energy solutions, we are poised to create a new paradigm in energy-efficient, high-performance computing.
Download Quantum Brochure
About Next Realm AI
Next Realm AI is a next generation technology research and consulting firm focused on the commercial development of such areas as artificial intelligence, data analytics, quantum computing, and cybersecurity. Through its parent company, AI Venturetech, Inc., we assist small companies with the integration of new technologies, and institutional funding, to help them build greater value for their shareholders. www.nextrealm.ai
LinkedIn: https://www.linkedin.com/company/nextrealm-ai/
Twitter: https://x.com/nextrealm_ai
Forward-Looking Statements
This document contains certain statements that may be deemed “forward-looking” statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.
DISCLAIMER:
THIS IS NOT A SOLICITATION TO BUY OR SELL ANY SECURITY, BUT RATHER IS FOR INFORMATIONAL PURPOSES ONLY. CONTENT CONTAINED HEREIN INCLUDES FACTS, VIEWS, OPINIONS AND RECOMMENDATIONS OF INDIVIDUALS AND ORGANIZATIONS DEEMED OF INTEREST. AI VENTURETECH, INC. (“AIVT”) DOES NOT GUARANTEE THE ACCURACY, COMPLETENESS OR TIMELINESS OF, OR OTHERWISE ENDORSE THESE VIEWS, OPINIONS OR RECOMMENDATIONS, OR GIVE INVESTMENT ADVICE.
CONATCT:
Next Realm AI
Phone: (917) 746-8054
Email
https://nextrealm.ai/next-realm-ai-unveils-quantum-ready-data-center-strategy/
sweet crude
4週前
Lithium demand for off grid storage
https://finance.yahoo.com/news/elektros-highlights-total-addressable-market-130000874.html
Emergency Response Infrastructure Mobile command centers and temporary medical facilities. 35% CAGR, projected revenue of $1.8B by 2025. Average unit needs 50-75 kWh storage, consuming 35-55 kg LCE. Annual demand: ~6,000 metric tons LCE.
Telecommunications Infrastructure Cell towers and remote communications equipment requiring constant power. Market trending at 30% CAGR, with expected revenue reaching $3.2B by 2025. Each tower typically requires 100-150 kWh storage, consuming 75-110 kg LCE per installation. Annual demand: ~18,000 metric tons LCE.
Data Centers & AI Infrastructure High-demand computing facilities requiring uninterrupted power. Market expected to reach $5.6B by 2025, growing at 40% annually. Average data center requires 1-2 MWh storage capacity, using 750-1,500 kg LCE per installation. Annual demand: ~35,000 metric tons LCE.
Florida Nursing Home Backup Systems State-mandated emergency power systems for elder care facilities. Market projected at $900M by 2025, growing at 22% annually. Average facility requires 150-200 kWh storage, using 110-150 kg LCE per installation. Annual demand: ~4,500 metric tons LCE.
Remote Residential Solar Systems Primary application for homeowners living off utility lines. Current market shows 20-25% annual growth, with projected revenue of $2.8B by 2025 for lithium storage components. Average system requires 40-60 kWh storage capacity, translating to approximately 30-45 kg of lithium carbonate equivalent (LCE) per installation. Annual demand: ~12,000 metric tons LCE.
The total addressable market (TAM) across these segments projects to $14.3B by 2025, with combined annual lithium demand of approximately 75,500 metric tons LCE. This represents roughly 10% of global lithium production, highlighting significant growth opportunity in the off-grid storage sector.
sweet crude
1月前
NEWS: ELEK energy storage with Lithium
Elektros to Utilize Lithium Supply for Advanced Energy Storage Systems for Critical Infrastructure
SUNNY ISLES BEACH, FL / ACCESSWIRE / December 10, 2024 / Elektros (OTC PINK:ELEK), a leader in electric mobility and lithium mining, announced plans to leverage its Sierra Leone lithium supply to develop advanced backup energy products targeting the South Florida market, positioning the company to capitalize on emerging energy storage opportunities.
Utilizing lithium from its Sierra Leone mine, Elektros will explore joint ventures for manufacturing high-capacity battery systems for critical infrastructure, including data centers, emergency services, and residential applications. This strategic initiative aligns with key market trends:
Uninterruptible Power Supply (UPS) systems dominated 52% of the market in 2023
Data center battery market projected to reach $3.5 billion by 2033
Lithium-ion batteries offer high energy density (200-300 Wh/kg) and extended lifespan (300-500 charge cycles)
The expansion represents a significant opportunity for Elektros to diversify its battery technology portfolio and establish a strong presence in the rapidly growing South Florida energy storage market.
The Company anticipates the first shipments of raw Lithium aggregate from Africa to US by early Q1 2025.
South Florida Events
Elektros will announce a series of high-profile investor networking events across South Florida, showcasing the region's transformation into a premier hub for AI infrastructure, renewable energy solutions, and smart city technologies. The upcoming events will feature industry leaders, local government officials, and technology partners, highlighting investment opportunities in data center development and sustainable energy infrastructure that are reshaping South Florida's digital landscape.
To stay informed about these exclusive networking events, interested parties are invited to join our Elektros Investor Network at https://elektros.energy/investors/
sweet crude
4月前
ELEK begins shipping Lithium
https://www.otcmarkets.com/stock/elek/news/story?e&id=2988254
Elektros Begins Lithium Aggregate Shipments from Sierra Leona Site
SUNNY ISLES BEACH, FL / ACCESSWIRE / September 20, 2024 / Elektros (OTC PINK:ELEK) ("Elektros" or "the Company"), a leading innovator in electric mobility, announced it has begun initial shipment of raw aggregate from its Sierra Leone Lithium mining site.
Elektros has achieved a significant milestone in its operational progress, initiating the shipment of initial truckloads of unprocessed lithium aggregate from its Southern Sierra site to the city of Bo. This development marks a crucial step in the company's strategic plan, as the material is destined for eventual overseas shipment to the United States for further processing.
The commencement of these shipments underscores Elektros' strong operational momentum and successful navigation of regulatory requirements. The company has filed for licenses and permits, demonstrating its unwavering commitment to regulatory compliance and sustainable mining practices.
In parallel with these shipping activities, Elektros continues to make progress in site preparation at its Southern Sierra Leone Lithium mine location for increased production capacity in the near future. The company has also established comprehensive shipping and transportation logistics to ensure the efficient movement of lithium aggregate from mine to market.
These developments collectively position Elektros to capitalize on the growing demand for lithium, a key component in the rapidly expanding electric vehicle and energy storage markets.
About Elektros, Inc.
Elektros (OTC PINK:ELEK) is a vertically integrated sustainable energy company focused on lithium mining, electric vehicle charging, solar energy storage, and power supply for AI data centers. We are at the forefront of the clean energy transition, driving innovation in mobility and energy technologies to combat the global climate crisis and deliver transformative user experiences. www.elektros.energy
Follow of Facebook: https://www.facebook.com/Elektrosenergy
sweet crude
4月前
News Out!
Elektros Partners with Next Realm AI for Sustainable Data Centers
SUNNY ISLES BEACH, FL / ACCESSWIRE / September 10, 2024 / Elektros (OTC PINK:ELEK) ("Elektros" or "the Company"), an emerging leader in the electric mobility industry, announced it has signed a Memorandum of Understanding (MOU) engaging Next Realm AI as lead project manager around renewable energy solutions for the data center industry.
Next Realm AI will lead focus on strategic partnerships for renewable energy solutions around solar power and advanced battery storage, with Lithium from Elektros' mining operations to create a sustainable energy ecosystem for AI data centers.
The global AI market is projected to reach $1,597.1 billion by 2030, with a CAGR of 38.1% from 2022 to 2030 (Allied Market Research). This explosive growth is expected to drive a significant increase in energy consumption, with data centers potentially accounting for up to 13% of global electricity demand by 2030 (Nature).
Next Realm AI will also help develop Elektros' advisory board and AI governance policies, gathering experts from renewable energy and AI fields.
Tom Bustamante, Founder and CEO of Next Realm AI, stated, "With AI workloads driving unprecedented energy demands in data centers, we're leveraging Elektros' lithium resources to develop sustainable power solutions. Our focus is on advanced battery technologies and AI-driven power management systems to address both energy efficiency and computational performance. This collaboration aims to set a new standard for sustainable AI infrastructure, balancing technological advancement with environmental stewardship."
Data Center Power:
Renewable sources like solar and wind, coupled with Elektros' lithium-based battery storage, can power AI data centers, reducing carbon footprint and costs.
Energy Management:
AI-driven smart grids utilizing Elektros' lithium storage can optimize renewable energy distribution, balancing load and enhancing overall system reliability for data centers.
Edge Computing:
Distributed renewable systems with efficient lithium batteries can support remote edge AI devices, enabling applications without relying on traditional grids.
About Next Realm AI
Next Realm AI is a New York based innovation lab and consulting firm focused on commercial development of next generation technologies such as artificial intelligence, data analytics, quantum computing. https://nextrealm.ai
About Elektros, Inc.
Elektros (OTC PINK:ELEK) is a vertically integrated sustainable energy company focused on lithium mining, electric vehicle charging, solar energy storage, and power supply for AI data centers. We are at the forefront of the clean energy transition, driving innovation in mobility and energy technologies to combat the global climate crisis and deliver transformative user experiences. www.elektros.energy
Follow of Facebook: https://www.facebook.com/Elektrosenergy
Cautionary Language Concerning Forward-Looking Statements
This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential," and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for Elektros, Inc.'s products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time to time in Elektros Inc.'s filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs, and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting Elektros Inc., please refer to the Company's Securities and Exchange Commission filings, which are available at www.sec.gov. Elektros, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
sweet crude
2年前
MISSION STATEMENT
At Elektros, our mission is to revolutionize the clean technology industry by developing innovative and sustainable solutions that empower individuals, businesses, and communities to transition to a greener future. We believe that by harnessing the power of technology, we can create a cleaner, healthier, and more sustainable world for generations to come.
We are committed to using the latest advancements in science and engineering to design and manufacture cutting-edge products that meet the highest standards of quality, efficiency, and sustainability. We strive to minimize our environmental impact by adopting sustainable practices in our operations and supply chain, while maximizing social impact through our partnerships and community engagement initiatives.
At Elektros, we believe that clean technology is the key to unlocking a brighter future, and we are dedicated to making that future a reality. We are constantly pushing the boundaries of what is possible, and we are committed to delivering the best possible outcomes for our customers, our stakeholders, and the planet.
https://elektrosenergy.com/
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