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Northern Data And Canaan Inc Announce Cooperation On Blockchain-Technology And AI
Canaan Inc ADSs Open 40% above IPO Price in Nasdaq Debut
Canaan Inc Announces Pricing Of Initial Public Offering
Canaan Inc provides supercomputing solutions through proprietary high-performance computing ASICs (Application Specific Integrated Circuit). The Company provides a holistic AI (Artificial Intelligence) solution to customers, including AI chips, algorithm development and optimization, hardware module, end-product and software services.
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* NORTHERN DATA AND CANAAN INC ANNOUNCE COOPERATION ON BLOCKCHAIN-TECHNOLOGY AND AI Source text for Eikon: Further company coverage: (Gdansk Newsroom)
The world's biggest cryptocurrency asset manager said on Tuesday it was seeing efforts to shift bitcoin production to North America from China, which dominates digital coin mining.
Citigroup Inc <C.N> and Credit Suisse Group AG <CSGN.S> have dropped out of the U.S. initial public offering of Chinese shared workspace provider Ucommune, baulking at its desired valuation, two people with direct knowledge of the matter said.
China's bitcoin miners now control two-thirds of the crypto network's processing power, research showed on Wednesday, a growing share that is likely to benefit the country's miners.
The old image of bitcoin miners is of young techies in their bedrooms, hunched over laptops that solve maths puzzles to earn new coins. Now they're more likely to be savvy startups with ultra-high-speed chips and massive, power-guzzling machines.
WEEKLY TOTAL $9.6bn – IPO $993m – ABB/BLOCK $6.3bn – FOLLOW-ON $1.65bn – CB $705m Monday
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.