BEIJING, Jan. 14, 2025 /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 hybrid CPU-FPGA quantum AI simulator. The development of the quantum AI simulator aims to simulate the behavior of quantum computers, enabling testing and optimization of quantum algorithms on existing classical computers. Traditional simulators are often limited by the computational power of the CPU, making it difficult to handle large-scale quantum systems. To overcome this limitation, WiMi has adopted a hybrid CPU-FPGA approach, combining the versatility of the central processing unit (CPU) with the parallel processing capabilities of the field-programmable gate array (FPGA).

BEIJING, Jan. 7, 2025 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WiMi) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that the development team, by leveraging the flexibility and programmability of FPGAs, has proposed an innovative solution: an FPGA-based digital quantum coprocessor. This solution aims to overcome the limitations of existing quantum hardware and advance the development of quantum computing technology.

WiMi's FPGA-based Digital Quantum Coprocessor Technology is based on both homogeneous and heterogeneous structures of FPGAs. Homogeneous and heterogeneous are two key terms used to describe coprocessor architectures. A homogeneous coprocessor refers to a system where all quantum bits (qubits) are processed and computed in the same way, while a heterogeneous coprocessor allows different types of qubits or processing units to work together in different ways. Traditional quantum accelerators are typically based on physical implementations like superconducting qubits or ion traps. Although these technologies have made progress in the field of quantum computing, they face challenges related to scalability and stability. In contrast, WiMi's digital quantum coprocessor uses the digital logic of FPGAs to simulate the behavior of qubits, offering a new approach aimed at improving system stability and scalability.

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. Quantum Random Access Memory (QRAM) is a memory architecture specifically designed for quantum computing environments, with the core goal of enabling efficient reading and writing of information while maintaining the state of the quantum system. The design of QRAM is not only intended to leverage the parallel processing capabilities of quantum computing but also to utilize quantum properties such as superposition and entanglement to significantly enhance computational efficiency.

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.

BEIJING, Dec. 19, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WiMi) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced the research of a new quantum algorithm—the Holographic Quantum Linear Solver (HQLS), which aims to provide a more efficient and resource-efficient quantum algorithm for solving the Quantum Linear System Problem (QLSP). This algorithm is based on a combination of Variational Quantum Algorithms (VQA) and the classical shadow framework, overcoming the hardware resource bottlenecks of traditional quantum linear solver algorithms.

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. Not only does this mark a new milestone in the field of quantum computing, but it also lays a solid foundation for the future realization and application of quantum computers.

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. Although the hardware implementation of quantum computers remains challenging, the unique advantage of quantum computing lies in its parallel processing capabilities and efficiency in solving complex problems. FPGA, as a highly configurable hardware platform, can simulate the fundamental principles of quantum computing at the logical level, providing an effective means to validate and test quantum computing concepts.

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.

The core of the cross-chain model studied by WiMi lies in the design of the Relay Chain. As a central component of the cross-chain model, the Relay Chain acts as a bridge connecting multiple independent blockchains (application chains). It is responsible for coordinating communication and transaction validation between different blockchains, ensuring accurate data transmission across chains. Through cross-chain gateways, the Relay Chain can identify and process requests from various application chains, achieving consistency and security in cross-chain transactions. Furthermore, the Relay Chain leverages its robust consensus mechanism to provide additional security for all connected application chains, reducing the impact of individual chain vulnerabilities on the entire ecosystem.

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).

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.

Smart contracts, as self-executing protocols, automatically enforce predefined transaction rules when specified conditions are met, providing robust technical support for cross-chain communication. They can automatically detect and respond to data or events from other blockchains, reducing reliance on third parties through decentralized verification mechanisms, thereby enhancing system security and transparency. Additionally, the transparency and immutability of smart contracts offer a solid foundation of trust for cross-chain transactions, enabling flexible interaction between services on different blockchains to meet diverse business needs.

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.

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. This approach can significantly improve the scalability and processing speed of the blockchain system, as data is no longer concentrated on a few nodes but is distributed across various parts of the network, thereby avoiding single-point bottlenecks. This method effectively alleviates the storage pressure on full nodes, as each node only needs to store and validate the data shard relevant to it, rather than the entire blockchain history.

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. For example, parameters such as block size and transaction confirmation time can be adjusted to accommodate different application scenarios and performance needs. By optimizing key parameters that impact scalability and throughput, it ensures fast data processing capability and low-latency response even under heavy network load. The selection of master nodes and validation nodes is done through an anonymous mechanism, which enhances the network's resistance to attacks while protecting the identity information of the nodes, thus strengthening the overall security of the system.

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). This innovation not only enhances the transparency, cost-effectiveness, and security of the cloud manufacturing system but also eliminates the need for trusted third parties.

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.

Reinforcement Learning is a machine learning approach that enables an intelligent agent to learn optimal strategies through interactions with the environment. In a blockchain-based federated learning framework utilizing reinforcement learning, the reinforcement learning algorithm can dynamically adjust the timing of model aggregation, selection of data participants, and transaction costs. This achieves a balance between information timeliness and data bias, as well as intelligent control over transaction costs, ultimately optimizing the overall learning performance.

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.

Service Level Agreements (SLA) play a crucial role in ensuring the quality of cloud services. However, traditional SLA models have inherent uncertainties in practical applications, making it challenging to guarantee absolute trustworthiness. To address this issue, WiMi proposed a revolutionary model that introduces the role of "witnesses" and utilizes the decentralized nature of blockchain technology to supervise and constrain cloud services through smart contracts.

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.

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". This strategy is particularly suited to large-scale networks like IoT, which can involve a large number of devices and transactions. Sharding can be used to decentralize a blockchain network's data, transaction processing power, or consensus process into multiple independent sub-networks or shards. Each shard handles its own portion of transaction history and current transactions, rather than all of the data for the entire network. Through sharding, the blockchain network is able to process more transactions at the same time, which significantly increases system throughput and reduces transaction confirmation time, solving the bottleneck in traditional blockchain networks.

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, 2024

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.