Canaan Inc. is a Singapore-headquartered semiconductor manufacturing company founded in 2013, renowned as a leading provider of supercomputing solutions distinguished by superior cost-efficiencies and performance. Canaan invented the world’s first ASIC-powered Bitcoin mining machine in 2013, catalyzing the growth of the computationally advanced cryptocurrency mining sector. The company continues to develop and expand its suite of advanced hardware offerings, including ASIC chips, integrated circuit (IC) design, and high-performance computing solutions for blockchain, AI, and other emerging technologies. Backed by rigorous academic research, deep expertise in semiconductor design, and a robust network of strategic partners, Canaan powers transformative technologies across blockchain mining, artificial intelligence, and beyond. The firm emphasizes innovation in open hardware, open-source initiatives, and electronics manufacturing to address the limitations of traditional computing hardware. With 501-1,000 employees and a global presence, Canaan remains at the forefront of ASIC-powered solutions for cryptocurrency mining and AI applications. As of December 31, 2025, Canaan Inc. is active with ongoing semiconductor development, hardware production, and support for blockchain and AI technologies.

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