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    Home » Zen42.ai Joins Green HI-City Project in New Zealand, Aims to Launch Carbon Credit-Based Stablecoin – citybuzz
    Carbon Credits

    Zen42.ai Joins Green HI-City Project in New Zealand, Aims to Launch Carbon Credit-Based Stablecoin – citybuzz

    userBy userOctober 14, 2024No Comments3 Mins Read
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    In a significant move towards sustainable AI infrastructure, Zen42.ai has officially joined the New Zealand Green HI-City project, led by Mobii Green Energy Group and New Zealand’s North Rakaia Power Company. The project, which aims to establish the world’s first green hydrogen-powered data center, is set to raise $2 billion in investments and integrate 850 MW of solar power, 300 MW of wind power, and green hydrogen production facilities to support a 150 MW AI data center powered entirely by green energy.

    Zen42.ai, co-founded by Josh Chen, Kenny Tseng, and Enoch Kang, brings its expertise in decentralized AI infrastructure and green energy solutions to the project. The company’s involvement is expected to ensure that the initiative not only advances sustainability but also meets the growing global demand for computational power. Major partners in the project include Google Cloud, Supermicro, and Tatung System Technologies Inc. (tsti).

    The Green HI-City project is strategically located near New Zealand’s largest hydroelectric plant on the South Island, allowing for direct power grid connection. This location reduces infrastructure costs and shortens the permitting process, making it an ideal site for the ambitious undertaking.

    Zen42.ai’s participation in the project aligns with its Massive Transformative Purpose (MTP) to build a ‘green energy-driven, AI-native decentralized infrastructure.’ This vision goes beyond a simple mission statement, becoming a call to action that inspires individuals and organizations worldwide to join forces in pursuing net-zero emissions and renewable energy goals.

    The company’s approach to democratizing AI infrastructure and making it universally accessible through a decentralized ecosystem powered by renewable energy is particularly noteworthy. This strategy empowers individuals and organizations to contribute to a net-zero emissions future, potentially revolutionizing the way we approach sustainable technology development.

    One of the most innovative aspects of Zen42.ai’s involvement is its plan to employ blockchain technology to introduce carbon credit tokens and green computing power tokens. This creates a new digital carbon economy, uniting stakeholders within the Zen42.ai network and driving them towards the achievement of its Massive Transformative Purpose.

    Kenny Tseng, founder of Mobii Green Energy, highlighted the significance of this development, stating, ‘Green computing power will generate significant carbon credits, making it the ideal foundation for developing stablecoins.’ This statement suggests that the project could have far-reaching implications for the intersection of sustainable energy, artificial intelligence, and digital finance.

    The collaboration between Zen42.ai and the Green HI-City project represents a significant step forward in the development of sustainable AI infrastructure. By combining green energy production with advanced computing capabilities, the initiative sets a new standard for environmentally responsible technology development.

    The potential impact of this project extends beyond New Zealand, with plans to expand the Green HI-City concept to 100 cities globally, including regions such as Singapore, Japan, Malaysia, Indonesia, and the Middle East. This expansion could create a network of sustainable, AI-driven cities, potentially transforming urban development and technology infrastructure on a global scale.

    As the world grapples with the dual challenges of increasing computational demands and the need for sustainable energy solutions, projects like the Green HI-City initiative offer a glimpse into a possible future where technology and environmental responsibility coexist harmoniously. The success of this project could serve as a model for similar initiatives worldwide, potentially accelerating the transition to green energy in the tech industry and beyond.



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