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Canaan Inc. Announces Strategic Restructuring, Discontinuing AI Chip Business Unit
2 week ago /
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Author：小编
Canaan Inc., a global leader in cryptocurrency mining machine production, announced a strategic restructuring on June 23. The company will focus on Bitcoin mining machine sales, self-operated mining, and consumer-end mining products, while terminating its non-core AI chip business unit. This termination is expected to be completed within a few months. Canaan Inc. stated that this move is aimed at reducing operating expenses, in line with its lean growth strategy.
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