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MicroAlgo Inc. (NASDAQ: MLGO) is a leading technology firm specializing in the development and application of advanced central processing algorithms and intelligent chip design. The company operates primarily in the Central Processing Algorithm Services segment, offering a range of computing, analytical, recommendation, and acceleration algorithms. These services cater to industries like internet advertisement, game development, finance, retail, and logistics, enhancing their data processing and analysis capabilities with optimized software and hardware solutions.
The company's Intelligent Chips and Services segment focuses on the resale of sophisticated intelligent chips, primarily generating its revenue from markets in the PRC, Hong Kong, and Singapore, with a significant majority from the PRC.
In recent developments, MicroAlgo has been at the forefront of technological innovation. On September 22, 2023, the company announced the development of a knowledge-enhanced backtracking search algorithm that aims to significantly improve problem-solving efficiency, accuracy, and adaptability across various domains. This algorithm combines backtracking search strategies with knowledge learning to offer dynamic search adjustments and robust optimization capabilities.
MicroAlgo also focuses on cooperative ventures to foster innovation. On December 6, 2023, the company planned a partnership with Shenzhen University and Haikou Comprehensive Free Trade Zone Management Committee to establish a postgraduate training and practice base, promoting domestic scientific research and talent development.
Further emphasizing its cutting-edge approach, MicroAlgo announced the creation of a Bitcoin trading prediction algorithm on December 26, 2023. This algorithm integrates machine learning and technical indicators to offer precise and intelligent market predictions, enhancing trading strategies for digital assets.
Expanding its security measures for cryptocurrency systems, MicroAlgo introduced the Quantum Shield Distributed Ledger Technology (QSDLT) on December 27, 2023. QSDLT aims to protect blockchain systems from quantum computing threats, ensuring the security and integrity of transaction data.
In 2024, the company continued its innovation trajectory by developing a deep clustering algorithm based on multi-level feature fusion. This algorithm improves clustering accuracy and stability across various applications, including image processing, natural language processing, and social network analysis.
In a significant strategic move, MicroAlgo and WiMi Hologram Cloud Inc. announced the establishment of a micro-consciousness quantum research center. This center will integrate disciplines such as physics, AI, neuroscience, and biology to explore the relationship between consciousness and quantum theory, aiming to push the boundaries of science and technology.
About MicroAlgo Inc.
MicroAlgo Inc., a Cayman Islands exempted company, is dedicated to providing bespoke central processing algorithms that help clients optimize their software and hardware operations. Their solutions aim to increase customer bases, improve user satisfaction, reduce costs, and meet technical objectives. The company’s services include algorithm optimization, lightweight data processing, and data intelligence, driving long-term development and innovation.
MicroAlgo (NASDAQ: MLGO) and WiMi (NASDAQ: WIMI) have announced the establishment of a micro-consciousness quantum research center. This center will focus on integrating various scientific disciplines to explore the relationship between consciousness and quantum theory. Key research areas include quantum computing, brain-computer interfaces, AI and quantum consciousness, and quantum-driven generative consciousness. The center aims to bridge the gap between basic science and applied technology, promoting innovation and practical applications. Partnerships with top universities and research institutes in China will facilitate joint research, talent training, and the development of new technologies.
WiMi Hologram Cloud (NASDAQ: WIMI) and MicroAlgo (NASDAQ: MLGO) have announced the formation of a micro-consciousness quantum research center. This center will integrate various scientific disciplines to explore the relationship between quantum theory and consciousness. The research will focus on four key areas: quantum computing and consciousness modeling, brain-computer interface technology, big data AI combined with quantum consciousness, and quantum-driven generative consciousness. The center aims to bridge the gap between basic science and applied technology, fostering innovation and practical applications. Moreover, it will collaborate with top universities and research institutes in China to advance scientific research and industrial applications.
MicroAlgo Inc. (NASDAQ: MLGO) has announced a definitive agreement for a private placement of 2,666,667 units at
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