Northern Data Teams Up With Canaan Creative For Blockchain And AI Development

2020-2-20 00:00

The globe’s second biggest Bitcoin mining equipment developer, Canaan Creative is joining forces with Norther Data AG, a blockchain infrastructure company, to combine their synergies in various fields related to the blockchain and crypto industry.

According to a press statement released on Feb. 19, the two dominant players within the world blockchain industry, announced that they had formally entered into a partnership to bring their technological as well as operational prowess together for different projects in the industry.

Some of the key areas where the two firms will cooperate are in regards to artificial intelligence, development of blockchain based solutions and also large scale optimization of data center operations.

Northern Data has been steadfast in developing infrastructure used in high-performance infrastructure which can be applied even beyond blockchain technologies. The firm was formed after the merger of Northern Bitcoin AG, a blockchain infrastructure company based in Germany, and Whinstone US Inc, a data center operator based in the US. As per NG Zhang, Canaan Creative’s CEO,

“Our R&D team is collaborating with Northern Data. Both sides have achieved positive results. In addition, Northern Data will provide computational resources support for our overseas R&D in the U.S. Canaan looks forward to further cooperation in product development, AI, and high-performance computing.”

According to Cointelegraph, Canaan deals with the provision of AI chips as well as high-end mining hardware comprising of ASICs. The firm claims that it has produced more than 150 ASICs dating back in 2017 up to September last year. The firm was recently registered on NASDAQ making it a public trading company. This is a crucial milestone for the firm as it became the inaugural Chinese-based AI chips developer to fruitfully float an IPO in the United States.

According to the press statement, Northern Data AG praised the new deal and stated that it looks forward to ink such deals with various blockchain as well as AI developers in the near future. The current deal with Canaan comes just a few months after Northern Data AG partnered with SBI Crypto from Japan.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

High Performance Blockchain (HPB) íà Currencies.ru

$ 0 (+0.00%)
Îáúåì 24H $0
Èçìåíåèÿ 24h: 0.00 %, 7d: 0.00 %
Cåãîäíÿ L: $0 - H: $0.0064459
Êàïèòàëèçàöèÿ $0 Rank 99999
Öåíà â ÷àñ íîâîñòè $ 0.2596 (-100%)

blockchain canaan creative data combine norther infrastructure

blockchain canaan → Ðåçóëüòàòîâ: 22


Ôîòî:

Bitcoin Mining Giant Bitmain Files for U.S. IPO, Chases Canaan Creative

Bitmain Technologies, the world’s leading manufacturer of Bitcoin mining equipment, has secretly filed for an initial public offering (IPO) with the U. S. Securities and Exchange Commission (SEC). Bitmain’s application comes just a few days after its primary competitor, Canaan Creative, made its IPO intentions known to the financial authority.

2019-10-30 16:00


Ôîòî:

Troubled Waters as Leading Bitcoin Mining Firm Allows IPO Application Elapse

One of the world’s largest crypto mining firms, Canaan Inc, has announced its application for an initial product offering (IPO) to the Stock Exchange of Hong Kong (HKEX) lapse. The move has also cast a shadow of doubt on what lies in stock for other cryptocurrency equipment makers: Will there be any more surprises, or will one of the remaining.

2018-11-17 01:00


Ôîòî:

Canaan Showcases Bitcoin Mining TV, Ready to Ship, Reveals Mining Heater and Plans For Mining Appliances

One of the biggest asics manufacturer has showcased the world’s first TV that can mine bitcoin during a press conference held in China this Wednesday. The new blockchain smart TV,... The post Canaan Showcases Bitcoin Mining TV, Ready to Ship, Reveals Mining Heater and Plans For Mining Appliances appeared first on Trustnodes.

2018-8-9 18:18


Canaan Creative Introduces the First Television that Can Mine Bitcoin

According to Blokforge, Canaan Creative, one of the leading manufacturers of Bitcoin mining hardware is looking to create a 4k television that also doubles up as a cryptocurrency miner. Canaan Creative also plans to provide a variety of blockchain-related home appliances to help propel boost the blockchain and artificial intelligence development in the future. Canaan […]

2018-8-8 07:58


Canaan Creative Introduces the First Television that Can Mine Bitcoin

According to Blokforge, Canaan Creative, one of the leading manufacturers of Bitcoin mining hardware is looking to create a 4k television that also doubles up as a cryptocurrency miner. Canaan Creative also plans to provide a variety of blockchain-related home appliances to help propel boost the blockchain and artificial intelligence development in the future.

2018-8-7 03:00