Canaan to Shut Down AI Chip Unit, Refocus on Bitcoin Mining

June 29, 2025

Catenaa, Sunday, June 29, 2025- Publicly traded crypto miner Canaan announced plans to close its artificial intelligence semiconductor division in the coming months, shifting focus entirely to its core bitcoin mining operations as part of a company-wide strategic realignment. The AI unit, which specialized in ASIC chips for edge computing, generated just $900,000 in revenue […]

Nvidia Developing A New AI Chip For China

August 19, 2025

Catenaa, Tuesday, August 19, 2025- Nvidia is developing a new AI chip for China based on its latest Blackwell architecture that will be more powerful than the H20 model it is currently allowed to sell. US President Donald Trump last week opened the door to the possibility of more advanced Nvidia chips being sold in […]