Northern Data and Canaan Inc Announce Cooperation on Blockchain-technology and AI

Northern Data and Canaan Inc Announce Cooperation on Blockchain-technology and AI

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19. February 2020. by adminBTC
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– Canaan is without doubt one of the main blockchain expertise firms on the planet – Deal with AI improvement, Blockchain Know-how and Datacenter operations – Sequence of extra strategic cooperations to be introduced quickly Northern Knowledge AG (XETRA: NB2, ISIN: DE000A0SMU87), one of many largest blockchain options and datacenter suppliers on the planet and


– Canaan is without doubt one of the main blockchain expertise firms on the planet

– Deal with AI improvement, Blockchain Know-how and Datacenter operations

– Sequence of extra strategic cooperations to be introduced quickly

Northern Knowledge AG (XETRA: NB2, ISIN: DE000A0SMU87), one of many largest blockchain options and datacenter suppliers on the planet and Canaan Inc, (NASDAQ:CAN, NASDAQ:CAN) one of many main blockchain expertise firms on the planet are blissful to announce the start of shut cooperation within the areas of Synthetic Intelligence (AI) improvement, Blockchain Know-how and Datacenter operations.

Combining Canaan’s excellence within the fields of AI Chip improvement and ASIC {hardware} with Northern Knowledge’s confirmed observe document at delivering A category Datacenter and Blockchain infrastructure at scale will present each firms with a strong bedrock to construct and increase on this tremendously thrilling expertise house and catapult each firms collectively to new heights.

With Northern Knowledge’s North American and European groups and amenities working in live performance with Canaan’s superior R&D groups in Asia, this primary step in the direction of a strategic partnership ought to unlock many extra synergistic tasks all through the blockchain and expertise sectors.

“We’re in a position to unlock huge potential in a number of the fastest-growing industries with this strategic cooperation,” says Aroosh Thillainathan, CEO of Northern Knowledge AG. “Canaan is a technical chief in AI and Blockchain Know-how and confirmed a formidable development over the previous few years. We’re very enthusiastic about our partnership and see an enormous upside for each firms.”

“Northern Knowledge has wealthy expertise in constructing high-performance computing infrastructure,” says NG Zhang CEO of Canaan, “and our analysis and improvement (R&D) group is collaborating with Northern Knowledge. Each side have achieved optimistic outcomes. As well as, Northern Knowledge will present computational assets assist for our abroad R&D within the US. Canaan seems to be ahead to additional cooperation in product improvement, AI, and high-performance computing with Northern Knowledge sooner or later.”

For Northern Knowledge AG, the strategic cooperation with Canaan, Inc. is without doubt one of the first of a collection of many partnerships with the world’s main gamers in AI and Blockchain-Know-how which might be about to be signed over the upcoming months.

About Canaan, Inc:

Canaan is a number one supercomputing resolution supplier via its proprietary high-performance computing ASICs. It’s devoted to the supply of supercomputing to everybody, the widespread software of blockchain and AI, and the development of social effectivity and folks’s life. In 2018, Canaan made two main technological breakthroughs, specifically mass-producing the primary BTC 7nm chip, and being one of many first to ship industrial edge computing AI chips on RISC-V structure, now utilized in entry management, sensible door locks. Canaan produced in mixture over 150 million ASICs in 2017, 2018 and the 9 months ended September 30, 2019. On the identical time, Canaan was the second largest producer of Bitcoin mining machines on the planet. On 21st November 2019, Canaan was listed on NASDAQ, making it the primary listed firm within the Chinese language blockchain trade, and the primary Chinese language AI chips firm with impartial mental property to efficiently IPO within the U.S.

About Northern Knowledge:

Northern Knowledge AG is constructing a worldwide infrastructure for the sphere of Excessive-Efficiency Computing (HPC), which fits far past Bitcoin and blockchain purposes. The globally working expertise Firm evolves from the merger of German Northern Bitcoin AG and American Whinstone US, Inc. and specializes within the infrastructure for blockchain purposes, equivalent to Bitcoin mining. For this objective, the Firm provides options each stationary in massive information facilities and in cellular containers, which might be positioned at any location worldwide. In doing so, it combines self-developed software program and {hardware} with clever ideas for sustainable vitality provide. In Texas, Whinstone is at present constructing the biggest information heart within the USA and, on the identical time, the world’s largest Bitcoin mining facility. The HPC information heart infrastructure constructed by Northern Knowledge Group is designed for use not just for blockchain purposes but additionally for quite a few different industries, equivalent to recreation streaming, synthetic intelligence, and autonomous driving.

Disclaimer: This press launch represents neither a suggestion to promote nor a request to submit a suggestion to buy Northern Knowledge AG securities; nor does it represent a securities prospectus for Northern Knowledge AG. The knowledge contained on this press launch will not be meant to function a foundation for monetary, authorized, tax-related or different enterprise choices. Funding or different choices shouldn’t be taken solely on the idea of this press launch. As in all enterprise and funding issues, please search certified skilled recommendation. This press launch and the data it comprises are usually not meant for direct or oblique communication to or inside america of America, Canada, Australia or Japan.

Language:English
 
Firm:Northern Bitcoin AG
Thurn-und-Taxis-Platz 6
60313 Frankfurt/Predominant
Germany
 
Cellphone:+49 69 34 87 52 25
 
E-mail:information@northernbitcoin.com
 
Web:www.northernbitcoin.com
 
ISIN:DE000A0SMU87
 
WKN:A0SMU8
 
Listed:Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich (m:entry), Tradegate
Trade
 

 



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