KUALA LUMPUR: Veea Inc, a pioneer in edge computing and artificial intelligence (AI)-driven solutions, has partnered with DeepGreenX Group Inc (DeepGreenX), an AI-enabled green energy and technology company, for a visionary initiative to roll-out a transformative platform for accelerating the transition to global green energy.
According to BERNAMA News Agency, this initiative includes a US$140 billion lease financed infrastructure over the next five years, with US$2.8 billion allocated for Veea Edge Platform in 2025 as part of a US$10 billion edge infrastructure investment. The innovative project aims to create a global virtual energy grid managed through a terrestrial- and satellite-based network supported by an AI-driven platform. This platform is expected to facilitate a market-based production and distribution of energy with real-time matching of supply and demand worldwide.
Veea co-founder and chief executive officer (CEO), Allen Salmasi, expressed that the revolutionary platform would transform susta
inable energy sources into Real-World Assets through Veea’s cybersecure edge computing platform, allowing them to be traded and monetised. DeepGreenX CEO Barclay Knapp added that the real-time application of contextual AI with Veea’s groundbreaking platform promises to address some of the world’s most pressing energy challenges.
The partnership will introduce carbon credits established with digital Measurements, Reporting and Verification through Veea’s decentralised and distributed computing platform. This approach offers highly flexible and cost-effective Internet of Things (IoT) capabilities that can be easily employed for a wide range of environments.
Furthermore, Veea’s full-stack middleware provides a form of an operating system (OS) for a decentralised and distributed next-generation Web 3.0 platform. This supports federated learning for inferencing and training of Contextual AI models at the edge. The Edge AI OS leverages cutting-edge technologies, network solutions, and strategic partnerships wit
h leading companies, designed to support a wide range of edge products by multiple equipment vendors, ensuring versatility and adaptability facilitating breakthrough AI-driven innovations.