Nano Labs Shocks the AI World: Joins DeepSeek in Advancing AI Chips
HONG KONG, 28th January 2025 – Fabless integrated circuit design company Nano Labs Ltd (Nasdaq: NA) made a strategic investment in Hangzhou Weiheng Technology Co., Ltd (“Weiheng Technology”), acquiring a 5% stake in the AI-focused startup.
Weiheng Technology is devoted to the creation of ASIC compute-storage chips for edge and endpoint computing, as well as the incorporation of DeepSeek’s advanced tech.
The investment opportunity is in alignment with Nano Labs’ mission of developing state-of-the-art AI technologies.
Dr. Jianping Kong, Chairman and Chief Executive of Nano Labs, expressed optimism about the partnership, saying:
”The expected shift in industries such as consumer electronics, embodied intelligence, and intelligent vehicles adopting AI models will accelerate with the cost-performance optimization and practical deployment. Our invested startup performs exceptionally well, and it should help seize greater opportunities to drive global technological progress.”
Weiheng Technology’s advanced AI model signature ASIC for endpoint computing chips will enable an expansive application of AI across industries.
This collaboration along with the use of DeepSeek’s AI techniques will increase market access and meet the growing need for AI powered solutions.
This partnership comes as the use of artificial intelligence is growing in all regions as sectors look to cut costs and boost operational efficiency. Nano Labs markets itself as a leader in advanced chip solutions with their Cuckoo series of high performance computing chips.
This is yet another investment that demonstrates Nano Labs’ continued focus on promoting innovation in AI and next generation computing technologies. Experts in the industry expect significant growth in 2025 due to synergies like this one.
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