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FX.co ★ Nano Labs Invests In Hangzhou Weiheng Technology - Quick Facts

Nano Labs Invests In Hangzhou Weiheng Technology - Quick Facts

Nano Labs (NA) has announced a strategic investment, acquiring a 5% stake in Hangzhou Weiheng Technology. Weiheng Technology specializes in developing AI-focused ASIC compute-storage chips tailored for edge and endpoint computing, along with applications for large AI models. Their products are compatible with DeepSeek's latest advancements in large models.

Jianping Kong, CEO of Nano Labs, commented, "As we look forward to 2025, AI technology is set to ignite a new era of applications within endpoint computing, unveiling significant market opportunities. Our investment in this pioneering startup aligns with its strengths in innovative technologies, positioning it to excel in this evolving landscape, capture more substantial opportunities, and further drive technological advancements on a global scale."

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