Nano Labs Expands Horizons with Investment in Weiheng Technology

Nano Labs Ltd (NASDAQ: NA) has recently announced a strategic investment in Hangzhou Weiheng Technology Co., Ltd., acquiring a 5% stake in the company. This investment is focused on the development of AI-oriented ASIC compute-storage chips designed for edge computing and large AI models.

Weiheng Technology specializes in creating innovative technology that is thoroughly compatible with the latest models from DeepSeek, an emerging player in the AI sector. The significance of this investment lies in its potential to enhance the capabilities of AI technologies in various applications.

Jianping Kong, the Chairman and CEO of Nano Labs, emphasized the importance of this evolution in technology, stating, "The evolution toward cost-performance optimization and practical deployment is expected to accelerate the adoption of AI models across industries such as consumer electronics, embodied intelligence, and intelligent vehicles. This transition is poised to push the sector towards smarter and more efficient solutions."

Looking ahead to 2025, Kong noted that AI technology is likely to initiate a new wave of applications focused on endpoint computing, thereby unlocking enormous market potential. He expressed confidence that Weiheng Technology is well-equipped to capitalize on these opportunities, citing its innovative approach which positions it to spur continued global technological advancement.

In related news, DeepSeek recently launched an open-source large language model platform that reportedly surpasses OpenAI's ChatGPT in performance, doing so at a significantly lower cost. This announcement has sent ripples through global markets, raising concerns about increasing competition in the AI sector as companies ramp up investments in this burgeoning technology.

Furthermore, last week, Nano Labs introduced its latest ASIC architecture known as FPU3.0, aimed at significantly improving AI inference and blockchain performance. This new architecture forms part of the FPU series—a proprietary ASIC chip architecture specifically designed for high-bandwidth High Throughput Computing applications.

Price Movement: Following this strategic investment, shares of NA have seen an uptick of 4.59%, reaching a premarket value of $7.27.

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