Press Release
Oslo, Norway, and Dresden, Germany – 11th of October 2024 – former Earth Wind & Power AS (EWP) has merged with WAIYS GmbH to form WAIYS AS, an innovative technology company set to deliver integrated sustainable AI solutions.
This merger follows a targeted restructuring of EWP, during which a minority of shareholders de-merged to form a new organisation, inheriting the EWP trademark. The remaining company with its existing operation and original team renamed to WAIYS AS in preparation for the merger.
This strategic merger brings together EWP’s expertise in leveraging stranded energy for datacentre projects, with WAIYS’s advanced AI technologies, hardware, software, and infrastructure solutions. Together, creating a unified entity ready to offer comprehensive end-to-end offering to clients.
In today’s rapidly changing world, the potential of AI is clear. However, the journey to implement AI can be challenging due to significant energy demand as well as emerging concerns about ethics and security. WAIYS objective is to overcome these challenges through sustainable computing incorporating waste heat recovery and selecting the most energy-efficient chip technologies. We deliver powerful local AI edge solution prioritising speed and data privacy. Simultaneously, we provide scalable high density and hight performant AI, operates on renewable and stranded energy sources. With a complete inhouse range of services, from road mapping to implementation, WAIYS is now fully equipped to deliver seamless industry-specific AI solutions, tailored to meet the unique needs of each client.
Our modular product portfolio offers flexible entry points to meet the diverse AI needs of customers. Examples range from on-premise Large Language or Multimodal Models, big data analysis and robotics solutions for the hospitality industry. WAIYS helps clients consolidate their AI strategy, customize software solutions, and handle AI chip provisioning and device integration. With a proprietary platform that ensures seamless communication and smooth integration across the value chain, WAIYS leverages its expertise in generative AI, robotic programming, and custom infrastructure to guide clients through their AI transformation journey.
WAIYS is also committed to continue pioneering collaborations in areas such as neuromorphic computing, robotics and sustainable AI with strong focus on Research and Development throughout the value chain.
“This merger marks a bold step into the future of AI. By combining WAIYS’s advanced AI capabilities with EWP’s expertise, we are now uniquely positioned to deliver holistic value to our existing customers, and help new customers unlock the full potential of AI and prepare for the future
We are also excited to announce our participation at GITEX 2024 in Dubai from October 14th to 18th and the ICCA Congress in Abu Dhabi from October 20th to 23rd. This marks our first joint activity following the merger, and we will be showcasing at the German Pavilion alongside Ameca, our humanoid robot” says Nicolas Röhrs, the new Chairman for the merged entity.
All existing partnerships, supplier agreements, and client relationships previously associated with Earth Wind & Power AS will continue under the WAIYS name. The same dedicated team will ensure operational excellence as WAIYS continues to deliver innovative solutions that position businesses for long-term success in the rapidly evolving AI landscape.
About WAIYS
WAIYS is a technology company enabling sustainable AI solutions through an integrated service offering. At WAIYS we are committed to transforming businesses by providing innovative AI technologies and solutions while prioritizing sustainability. Our end-to-end services, combined with a modular approach, allow clients to select the most relevant solutions and products for their stage of implementation and scale as they grow.
The merged entity will be Headquartered in Norway with fully owned subsidiaries in Germany, Singapore and Indonesia.
Contact Information:
WAIYS AS
Nicolas Röhrs
Chairman
nicolas.roehrs@waiys.com
Website: https://www.waiys.com
