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SAIHEAT Announces The Upcoming 2024 BIT HEAT DAY

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SAIHEAT (NASDAQ: SAIH) announces the 2024 BIT HEAT DAY conference, scheduled for November 14, 2024, at their U.S. R&D Center in Marietta, Ohio. Co-hosted with the Organization of Clean Energy and Climate (OCEC), the event will showcase next-generation edge data center infrastructure and ESG benefits of computing heat recycling. The company's R&D Center operates at 3MW capacity, utilizing 100 kW of computing heat to support a 4,608-square-foot greenhouse. During the conference, SAIHEAT will unveil expansion plans and introduce their new A-series product line for AI industry demands.

SAIHEAT (NASDAQ: SAIH) annuncia la conferenza BIT HEAT DAY 2024, che si terrà il 14 novembre 2024 presso il loro Centro R&D negli Stati Uniti a Marietta, Ohio. Co-organizzato con l'Organizzazione per l'Energia Pulita e il Clima (OCEC), l'evento metterà in mostra infrastrutture di data center edge di nuova generazione e i benefici ESG del riciclo del calore prodotto dai computer. Il Centro R&D dell'azienda opera con una capacità di 3MW, utilizzando 100 kW di calore informatico per supportare una serra di 4.608 piedi quadrati. Durante la conferenza, SAIHEAT presenterà i piani di espansione e introdurrà la sua nuova linea di prodotti A-series per le esigenze dell'industria dell'IA.

SAIHEAT (NASDAQ: SAIH) anuncia la conferencia BIT HEAT DAY 2024, programada para el 14 de noviembre de 2024, en su Centro de I+D en Marietta, Ohio, EE.UU. Co-organizado con la Organización de Energía Limpia y Clima (OCEC), el evento mostrará infraestructuras de centros de datos de próxima generación y los beneficios ESG del reciclaje del calor informático. El Centro de I+D de la empresa opera a una capacidad de 3MW, utilizando 100 kW de calor informático para soportar un invernadero de 4.608 pies cuadrados. Durante la conferencia, SAIHEAT revelará sus planes de expansión e introducirá su nueva línea de productos A-series para las demandas de la industria de la IA.

SAIHEAT (NASDAQ: SAIH)은 2024 BIT HEAT DAY 컨퍼런스를 2024년 11월 14일 오하이오주 마리에타에 있는 미국 R&D 센터에서 개최한다고 발표했습니다. 깨끗한 에너지 및 기후 기구(OCEC)와 공동 주최하는 이번 행사는 차세대 엣지 데이터 센터 인프라와 컴퓨팅 열 재활용의 ESG 이점을 소개할 예정입니다. 회사의 R&D 센터는 3MW 용량으로 운영되며, 100kW의 컴퓨팅 열을 사용하여 4,608 평방피트의 온실을 지원합니다. 컨퍼런스 중 SAIHEAT은 확장 계획을 공개하고 AI 산업 수요에 맞춘 새로운 A-series 제품 라인을 소개할 것입니다.

SAIHEAT (NASDAQ: SAIH) annonce la conférence BIT HEAT DAY 2024, prévue le 14 novembre 2024, dans son Centre de R&D aux États-Unis à Marietta, Ohio. Co-organisé avec l'Organisation de l'Énergie Propre et du Climat (OCEC), l'événement mettra en avant l'infrastructure des centres de données de nouvelle génération et les bénéfices ESG du recyclage de la chaleur informatique. Le Centre de R&D de l'entreprise fonctionne avec une capacité de 3MW, en utilisant 100 kW de chaleur informatique pour soutenir une serre de 4 608 pieds carrés. Lors de la conférence, SAIHEAT dévoilera ses plans d'expansion et présentera sa nouvelle gamme de produits A-series pour répondre aux besoins de l'industrie de l'IA.

SAIHEAT (NASDAQ: SAIH) kündigt die BIT HEAT DAY-Konferenz 2024 an, die am 14. November 2024 in ihrem US-Forschungs- und Entwicklungszentrum in Marietta, Ohio, stattfinden wird. Die Veranstaltung wird zusammen mit der Organisation für saubere Energie und Klima (OCEC) ausgerichtet und wird die Infrastruktur von Next-Generation-Edge-Datencentern sowie die ESG-Vorteile des Recyclings von Computerwärme präsentieren. Das F&E-Zentrum des Unternehmens arbeitet mit einer Kapazität von 3 MW und nutzt 100 kW an Computerwärme zur Unterstützung eines Gewächshauses mit einer Fläche von 4.608 Quadratfuß. Während der Konferenz wird SAIHEAT seine Expansionspläne vorstellen und seine neue Produktreihe A-series für die Anforderungen der KI-Branche präsentieren.

Positive
  • Operating R&D Center with 3MW capacity demonstrating practical implementation of heat recycling technology
  • Successfully utilizing 100 kW of computing heat for greenhouse operations
  • Planned expansion of U.S. R&D Center indicating growth potential
  • New A-series product line launch targeting growing AI market
Negative
  • None.

SINGAPORE, Oct. 30, 2024 (GLOBE NEWSWIRE) -- SAIHEAT Limited (f/k/a SAI.TECH Global Corporation) (“SAIHEAT” or the “Company”) (NASDAQ: SAIH, SAITW), is pleased to announce the upcoming annual conference - 2024 BIT HEAT DAY, taking place on November 14, 2024, at the company’s U.S. R&D Center in Marietta, Ohio. The event will be co-hosted with the Organization of Clean Energy and Climate (OCEC), a non-profit organization, with full support from local governmental office and community.

The conference will focus on promoting next-generation edge data center infrastructure and the environmental, social, and governance (ESG) benefits of computing heat recycling through liquid-cooling technologies. Washington County Commissioner Charlie Schilling will deliver the event’s welcome address. During the conference, SAIHEAT and OCEC will unveil their joint expansion plans for the U.S. R&D Center and introduce the OCEC Heat Recycling Center Site Development Plan, aimed at advancing AI data centers and driving industry growth. SAIHEAT will also showcase its new A-series product line, designed to address the growing demands of the AI industry.

SAIHEAT’s U.S. R&D Center operates as an Advanced Computing Center Ecosystem (ACCE), integrating state-of-the-art liquid-cooling technology to achieve carbon-negative operations and support global carbon neutrality efforts. This technology enhances energy efficiency across industrial facilities through innovative heat recycling. Currently running at a 3MW capacity, the center utilizes 100 kW of computing heat to support a 4,608-square-foot greenhouse for agricultural activities. "SAIHEAT’s U.S. R&D Center has made Satoshi Nakamoto’s 2010 prediction a reality," said Arthur Lee, founder and CEO of SAIHEAT. "Satoshi envisioned Bitcoin mining heat used for heating, and now, as AI computing power grows, we are transitioning AI operations toward a cleaner, more sustainable future through our expertise in liquid-cooling."

Event Details
The 2024 BIT HEAT Day will take place on Thursday, November 14, from 11:30 A.M. to 4:30 P.M. at SAIHEAT's U.S. R&D Center, 550 Gravel Bank Road, Marietta, OH 45750.

For more information, follow SAIHEAT on Twitter @SAI2TECH and join us on Eventbrite.

About ACCE
The Advanced Computing Center Ecosystem (ACCE) includes three systems: WITBOX, HEATBOX, and USERBOX. WITBOX hosts high-performance computing servers cooled by advanced liquid-cooling technology, which captures over 97% of the heat generated. HEATBOX processes, upgrades, and regulates recycled heat to provide demand-response heating with temperatures ranging from 120°F to 290°F. USERBOX delivers customized solutions for various industrial heating applications using recycled computing heat.

About OCEC
The Organization of Clean Energy and Climate ("OCEC") is a non-profit organization with the mission to perform research and study on more effective ways to use computing heat, develop the technology and system to demonstrate how residential, commercial, and industrial scenarios can recycle the computing heat waste as a replacement for traditional heating.

The OCEC operates to build the Computing Heat Recycle Technology Development Center in a way that benefits the local community. As the first of this kind of R&D center, OCEC continues to be the leader in this area, bringing the best computing heat recycling solution to the world, and being one of the key contributors to achieving carbon-neutral efforts.

For more information on OCEC, please visit https://ocec.co/.

About SAIHEAT
SAIHEAT Limited (Nasdaq: SAIH) delivers integrated energy services for next-generation data centers. Its thermal module, HEATWIT, offers data center liquid cooling system and solutions for computing heat recycling. The power module, HEATNUC, focuses on global power resource development and modular nuclear power joint development.

Formerly known as SAI.TECH Global Corporation, SAIHEAT became a publicly traded company on the Nasdaq Stock Market (NASDAQ) through a merger with TradeUP Global Corporation in May 2022. For more information on SAIHEAT, please visit https://www.saiheat.com.

Safe Harbor Statement
This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words “believe”, “expect”, “anticipate”, “project”, “targets”, “optimistic”, “confident that”, “continue to”, “predict”, “intend”, “aim”, “will” or similar expressions are intended to identify forward-looking statements. All statements other than statements of historical fact are statements that may be deemed forward-looking statements. These forward-looking statements include, but not limited to, statements concerning SAI.TECH and the Company’s operations, financial performance, and condition are based on current expectations, beliefs and assumptions which are subject to change at any time. SAI.TECH cautions that these statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors such as government and stock exchange regulations, competition, political, economic, and social conditions around the world including those discussed in SAI.TECH’s Form 20-F under the headings “Risk Factors”, “Results of Operations” and “Business Overview” and other reports filed with the Securities and Exchange Commission from time to time. All forward-looking statements are applicable only as of the date it is made and SAI.TECH specifically disclaims any obligation to maintain or update the forward-looking information, whether of the nature contained in this release or otherwise, in the future.

Media Contact
pr@saiheat.com

Investor Relations Contact
ir@saiheat.com


FAQ

When and where is SAIHEAT's (SAIH) 2024 BIT HEAT DAY conference?

SAIHEAT's 2024 BIT HEAT DAY conference is scheduled for November 14, 2024, from 11:30 AM to 4:30 PM at their U.S. R&D Center in Marietta, Ohio.

What is the current capacity of SAIHEAT's (SAIH) U.S. R&D Center?

SAIHEAT's U.S. R&D Center operates at a 3MW capacity, with 100 kW of computing heat being utilized to support a 4,608-square-foot greenhouse.

What will SAIHEAT (SAIH) showcase at the 2024 BIT HEAT DAY?

SAIHEAT will showcase their new A-series product line, unveil expansion plans for the U.S. R&D Center, and introduce the OCEC Heat Recycling Center Site Development Plan.

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