Veea, DeepGreenX Group announce global partnership agreement

DeepGreenX Group and Veea (VEEA) announced a global partnership for an initiative to roll-out a platform for accelerating the transition to global green energy. The AI-driven operating system for energy markets is a Web 3.0 platform-as-a-service supported by Veea’s cybersecure edge computing platform providing for a Decentralized Physical Infrastructure Network with virtualized software development environment for developer communities to develop applications with blockchain and Contextual AI. The farsighted platform to be deployed, with up to $2.8B of lease financing in 2025 for Veea Edge Platform as a part of a $10B investment in edge infrastructure, will transform sustainable energy sources, such as hydro, wind, geothermal, Small Modular Reactors, alternative fuels with battery storage and a virtual grid to Real-World Assets with actionable insights and liquid financial instruments that can be traded and monetized on DeepGreenX’s global ECEx exchange.