WiMi Hologram Cloud

WiMi Hologram Cloud, Inc. offers augmented reality based holographic services and products. It operates through the following segments: AR Advertising services, AR Entertainment, and Semiconductor Business. The AR Advertising services segment uses holographic materials which are integrated into advertisement on the online media platforms or offline display. The AR Entertainment segment mainly include three sub categories: SDK payment channel services, software development and mobile games operations and technology developments. The Semiconductor segment includes sale of products and sale of software. The company was founded in May 2015 and is headquartered in Chaoyang, China.

WiMi Hologram Cloud, Inc. engages in the provision of holographic services and products. It operates through the following segments: AR Advertising Services, AR Entertainment, and Semiconductor Business. The company was founded in May 2015 and is headquartered in Chaoyang, China.

BEIJING , Dec. 26, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WiMi) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced the development of a Quantum Technology-Based Random Access Memory Architecture, known as QRAM. This architecture successfully implements fundamental logical operations such as AND, OR, NOT, and NOR gates in quantum logic gates by combining key basic operations in quantum computing, such as the CNOT gate, V gate, and V+ gate.

WiMi Develops a Quantum Technology-Based Random Access Memory Architecture

BEIJING , Dec. 23, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WiMi) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced the development of an innovative solution: Machine Learning-based Quantum Error Suppression Technology (MLQES). This technology not only breaks through the error bottleneck in quantum computing but also demonstrates the potential to enhance the accuracy of quantum circuits through classical control and hybrid computing methods, without requiring additional quantum resources.

WiMi Develops Quantum Error Mitigation Technology Based on Machine Learning

BEIJING , Dec. 18, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WiMi) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that their R&D team has developed a revolutionary technology — FPGA-based digital quantum computer verification technology. This technology offers a completely new approach to quantum computing by using digital quantum bits, or discrete finite state machines.

WiMi Develops FPGA-Based Digital Quantum Computer Verification Technology

BEIJING , Dec. 17, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WiMi) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that they announced the development of a new design solution based on FPGA to simulate quantum computing concepts, aiming to provide a more practical and feasible approach for quantum computing research and applications. Quantum computing is based on the principles of quantum mechanics and operates using qubits, offering the potential to surpass classical computers in solving certain specific problems.

WiMi Develops a New Design Solution for Simulating Quantum Computing Concepts Using FPGA

BEIJING , Dec. 16, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WiMi) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that they have explored a cross-chain model based on the Relay Chain and asynchronous consensus mechanism. This innovative solution aims to build an efficient, secure, and flexible infrastructure for the metaverse.

WiMi Deploys Cross-Chain Model Based on Relay Chain and Asynchronous Consensus Mechanism

BEIJING , Dec. 11, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WiMi) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that they are exploring an innovative solution: a blockchain-based distributed collaborative computing architecture specifically designed for in-vehicle digital twin networks. This architecture cleverly integrates the decentralized nature of blockchain with the simulation and predictive capabilities of digital twins, aiming to address the challenges of resource collaboration and decision-making in the Internet of Vehicles (IoV).

WiMi Explores Blockchain-Based Distributed Collaborative Computing

BEIJING , Dec. 5, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WiMi) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced their active involvement in the research of smart contract-based cross-chain communication solutions, aiming to use smart contracts as a bridge for cross-chain communication. This will enhance interoperability between different blockchain platforms, enabling seamless communication and collaboration.

WiMi Explores Smart Contract-Driven Cross-Chain Communication Technology to Build an Interconnected Blockchain Ecosystem

BEIJING , Dec. 4, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WiMi) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that they are exploring a resource management solution for blockchain-assisted edge computing networks. By leveraging deep reinforcement learning (DRL) algorithms, they aim to achieve effective matching between computational task allocation and the blockchain consensus process, thereby enhancing the overall system performance.

WiMi Researches A Blockchain-Assisted Resource Management Scheme for Edge Computing Networks

BEIJING , Nov. 27, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WiMi) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that they are exploring a blockchain sharding storage model optimized specifically for the storage needs of multi-view data. Sharding storage is an advanced architecture in blockchain technology that divides the blockchain network into multiple independent "shards," with each shard responsible for processing and storing a portion of the data.

WiMi Explores a Blockchain Sharding Storage Model for Multi-View Applications

BEIJING , Nov. 20, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WiMi) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that they are actively exploring consensus algorithms for blockchain-based Internet of Things (IoT) applications, aiming to address the compatibility issues between IoT devices and blockchain networks. The consensus algorithm for blockchain-based Internet of Things applications can be dynamically adjusted based on the specific requirements of the IoT.

WiMi Researches Consensus Algorithms for Blockchain-based Internet of Things Applications

BEIJING , Nov. 11, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, has developed a decentralized cloud manufacturing model based on blockchain (BC), called Decentralized Cloud Manufacturing Application (DCMApp). DCMApp utilizes the decentralized and immutable nature of blockchain to facilitate protocol and communication between resource providers and clients through blockchain-based smart contracts (SC).

WiMi Developed a Decentralized Cloud Manufacturing Model Based on Blockchain(BC)

BEIJING , Nov. 8, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WiMi) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced the initiation of exploring the integration of Reinforcement Learning (RL) into the federated learning framework. RL, as a significant branch of machine learning, has become a crucial tool for optimizing the federated learning process due to its decision-making capabilities in complex environments.

WiMi Researches Reinforcement Learning-Based Blockchain Federated Learning Framework to Optimize Model Aggregation Strategy and Security

BEIJING , Nov. 6, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WiMi) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced an Innovative Cloud Service Trust Interaction Framework and Mechanism based on Blockchain Technology. This framework not only enhances the credibility of services but also optimizes the interaction between cloud service providers and users.

WiMi Hologram Cloud Inc. Researches Innovative Cloud Service Trust Interaction Framework Based on Blockchain Technology

BEIJING , Nov. 1, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that it is working on the Federal Learning on Blockchain (FLoBC), aiming to address two core challenges in the current data science field by integrating cutting-edge advances with blockchain technology and federated learning. The two challenges are data privacy protection and efficient training of large-scale machine learning models.

WiMi is Working on a Blockchain-Enhanced Federal Learning Privacy-Preserving Mechanism

BEIJING , Oct. 24, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that cluster-based sharding blockchain strategy can be used for collaborative computing in the Internet of Things. The cluster-based sharding blockchain strategy is a distributed system designed to improve scalability and processing by partitioning the blockchain network into multiple smaller "slices" or "shards".

WiMi Announced the Cluster-Based Sharding Blockchain Strategy Used for IoT Collaborative Computing

BEIJING , Oct. 15, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider,  today announced its unaudited financial results for the six months ended June 30, 2024. Financial Highlights for the Six Months Ended June 30, 202 4 Our total revenues increased by approximately RMB 26.1 million, or 10%, from approximately RMB 264.8 million for the six months ended June 30, 2023 to approximately RMB 290.8 million (USD 40.8 million) for the six months ended June 30, 2024.

WiMi Hologram Cloud Inc. reports H1 2024 revenue and profit growth, significant cash reserve improvement

BEIJING , Oct. 14, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced a machine learning-based blockchain hybrid consensus algorithm that aims to improve the security and trust of the blockchain system. It also optimizes the consensus process through intelligent prediction, anomaly detection and adaptive learning to improve blockchain network performance and reduce resource consumption.

WiMi Announced a Machine Learning-Based Blockchain Hybrid Consensus Algorithm

BEIJING , Oct. 11, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced a federated learning framework based on layered and sharded blockchain technology, which can solve multiple key issues in federated learning, including information interaction, data security and privacy protection, computational efficiency, and system scalability by combining layered and sharded blockchain technologies to achieve more efficient and secure data collaboration. In the federated learning framework based on layered and sharded blockchain technology, the IoT network is finely divided into a multi-layer structure, and each layer is subdivided into multiple shards, aiming to optimize the information interaction and processing efficiency.

WiMi Announced a Federated Learning Framework Based on Layered and Sharded Blockchain Technology

BEIJING , Sept. 26, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced the release of "WiMi HoloAR lens", an augmented reality (AR) headset for the consumer market, to further strengthen the hardware and software development of the underlying holographic technology and to expand the user experience of holographic AR technology in the wearable field.

WIMI develops glasses product "WiMi HoloAR Lens" to enhance wearable user experience

BEIJING , Sept. 19, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that it integrated cloud computing and blockchain technology, and developed a blockchain-based integrated architecture for security maintenance in cloud computing, aiming to create an ecosystem of cloud services that are both efficient and secure, providing a solid guarantee for data integrity and reliability.

WiMi Developed a Blockchain-Based Integrated Architecture for Security Maintenance in Cloud Computing

BEIJING , Sept. 9, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that it developed a blockchain-based asynchronous federated learning (BAFL).

WiMi Developed a Blockchain Empowered Asynchronous Federated Learning for Optimizing Model Training

BEIJING , Aug. 23, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that its R&D team delved into the application potential of blockchain in the field of identity management. The decentralized nature of blockchain as an open distributed ledger offers the possibility of constructing a secure, transparent, and tamper-proof trust management system.

WiMi Hologram Cloud Announced an Identity Management Model Based on Blockchain

BEIJING , Aug. 8, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that it developed a layer-2 blockchain payment channel rebalancing model technology. By building an additional protocol layer on top of the main chain, the layer-2 network aims to increase transaction speed and reduce costs without sacrificing the security of the main chain.

WiMi Developed a Payment Channel Rebalancing Model for Layer-2 Blockchain

BEIJING , Aug. 6, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced a blockchain-based trusted collaborative learning (TrusCL) framework for IoT which is a solution for the privacy-preserving and computational requirements of collaborative learning in AIoT environments. The TrusCL framework is combined with Homomorphic Encryption (HE) and Differential Privacy (DP) techniques, both of which are significant in the field of data protection and privacy enhancement.

WiMi Announced a Secure and Trusted Collaborative Learning Based on Blockchain for IoT

BEIJING , July 29, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced a blockchain-based privacy security protection framework will provide an innovative solution for secure data sharing and collaboration in smart cities, which not only integrates the advantages of decentralization, transparency, and immutability of blockchain technology, but also deeply integrates a variety of advanced encryption and authentication technologies, aiming to establish a sharing ecosystem for IoT data in smart cities that is both secure and efficient, and to ensure IoT data security and integrity. In the blockchain-based privacy and security protection framework, a decentralized network is first created through a secure initialization process where all participating IoT devices and users are subject to strict authentication and registration.

News for WiMi Hologram Cloud Stock (WIMI)