HANGZHOU, China, March 1,
2023 /PRNewswire/ -- Nano Labs Ltd (Nasdaq: NA)
("we," the "Company" or "Nano
Labs"), a leading fabless integrated circuit design company
and product solution provider in China, today announced that the Company
launched new self-developed A-series iPollo computing devices (the
"Products") in February 2023.
Featuring high-performance graphics cards with large memory and
high-core central processing units (CPUs), the Products are
designed to support the computing of AI generated content ("AIGC")
and zero knowledge proof ("ZKP").
Mr. Marvin Kong, Senior Vice
President of Nano Labs, commented,
"ZKP is a method by which one party can prove to another party that
a given statement is true while the prover avoids conveying any
additional information apart from the fact that the statement is
indeed true. ZKP attaches more importance to the encryption field
and Web3.0, and expects to contribute to Ethereum
scaling and to boost the further development of the blockchain
industry. In addition, the development of Metaverse requires the
support of digital content and AIGC is the perfect solution for
generating brand-new digital content in Web 3.0. The hardware of
our A-series products features low power consumption, user-friendly
management, high computing power and stable operating performance,
which lead to a higher computing efficiency for ZKP and AIGC. We
believe that the Products will position us well to stay competitive
in the Metaverse and other related fields."
About Nano Labs Ltd
Nano Labs Ltd is a leading fabless integrated circuit ("IC")
design company and product solution provider in China. Nano
Labs is committed to the development of high throughput
computing ("HTC") chips, high performance computing ("HPC") chips,
distributed computing and storage solutions, smart network
interface cards ("NICs") vision computing chips and distributed
rendering. Nano Labs has built a
comprehensive flow processing unit ("FPU") architecture which
offers solution that integrates the features of both HTC and HPC.
Nano Lab's Cuckoo series are one of
the first near-memory HTC chips available in the market with a
maximum bandwidth of approximately 2.27 Tbps, as well as one of the
first movers of the ASIC-based Grin mining market*. For more
information, please visit the Company's website at: ir.nano.cn.
*According to an industry report prepared by Frost &
Sullivan.
Forward-Looking Statements
This report contains forward-looking statements within the
meaning of Section 21E of the Securities Exchange Act of 1934, as
amended, and as defined in the U.S. Private Securities Litigation
Reform Act of 1995. These forward-looking statements include,
without limitation, the Company's plan to appeal the Staff's
determination, which can be identified by terminology such as
"may," "will," "expect," "anticipate," "aim," "estimate," "intend,"
"plan," "believe," "potential," "continue," "is/are likely to" or
other similar expressions. Such statements are based upon
management's current expectations and current market and operating
conditions, and relate to events that involve known or unknown
risks, uncertainties and other factors, all of which are difficult
to predict and many of which are beyond the Company's control,
which may cause the Company's actual results, performance or
achievements to differ materially from those in the forward-looking
statements. Further information regarding these and other risks,
uncertainties or factors is included in the Company's filings with
the Securities and Exchange Commission. The Company does not
undertake any obligation to update any forward-looking statement as
a result of new information, future events or otherwise, except as
required under law.
For investor and media inquiries, please contact:
Nano Labs Ltd
Email: ir@nano.cn
Ascent Investor Relations LLC
Ms. Tina Xiao
Tel: (917) 609-0333
Email: tina.xiao@ascent-ir.com
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SOURCE Nano Labs Ltd