Canaan Releases Self-developed Edge AI Chip, the Kendryte K510

Canaan Inc., a high-performance computing solutions provider, today announced the release of the Kendryte K510, an independently designed and developed RISC-V based edge AI chip, at the 2021 World Artificial Intelligence Conference.

Canaan Inc. (NASDAQ: CAN) (“Canaan” or the “Company”), a high-performance computing solutions provider, today announced the release of the Kendryte K510 (the “K510”), an independently designed and developed RISC-V based edge AI chip, at the 2021 World Artificial Intelligence Conference.

The K510 has several key technical advantages. The original data flow computing technology of the K510 improves the chip’s computing power by approximately three times. In addition, by adopting a RISC-V open-source architecture, the K510 is highly customizable and capable of empowering developers in their execution of scenario-based development. The K510 can currently be used for UAV high-definition aerial photography, high-definition panoramic video conferences, robotics, STEAM education, driver assistance scenarios, and industrial and professional cameras.

Mr. Nangeng Zhang, Chairman and Chief Executive Officer of Canaan, commented, “The Kendryte K510 chip is the result of two years of work by our R&D team to further innovative and optimize our core chip architecture. With upgraded machine vision and improved programming flexibility, the Kendryte K510 can better address the demands of mid- to high-end application scenarios. Looking ahead, we expect this chip to be a highly attractive choice for developers as it enables them to deliver more intelligent product experiences to their users.”

Established in 2013, Canaan (NASDAQ: CAN), is a technology company focusing on ASIC high-performance computing chip design, chip research and development, computing equipment production and software services. The company’s vision is “super computing is what we do, social enrichment is why we do”. Canaan has a rich experience in chip design and streamlined production in the ASIC field. In 2013, it released and mass produced its first ASIC Bitcoin mining machine. In 2018, Canaan released the world’s first 7nm ASIC chip, providing energy efficient computing equipment to the cryptocurrency mining industry. In the same year, Canaan released the world’s first RISC-V architecture commercial edge AI chip, further harnessing the potential of AISC technology in the field of high-performance computing and artificial intelligence.

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