WIMI - Mergers and acquisitions

BEIJING, July 6, 2023 /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 researching an interactive driving simulation system based on VR technologies, which is a combination of 3D visual reality, information transmission, computer vision recognition, virtual world interaction, and other functions to realize physical interaction and virtual driving simulation in real-time. The system is based on rationalized virtual simulation of actual data to visualize virtual urban traffic road scenes. First, it acquires urban road traffic data. The system builds and optimizes

BEIJING, June 6, 2023 /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 virtual interaction system based on gesture recognition. The system recognizes the user's body and gesture movements through a recognition device. At the same time, the system uses immersive devices to provide feedback on the processing results, which significantly enriches the interaction semantics and enhances the natural friendliness of the interaction. It has the advantages of a realistic visualization effect, a friendly interaction mode, and a suitable compatibility interaction

BEIJING, May 31, 2023 /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 multi-feature fusion-based target tracking algorithm system. The system detects, extracts, identifies, and tracks human motion targets in images and video sequences. It also acquires relevant parameters of the moving object, such as position, velocity, and trajectory, and then processes them to perform higher-level tasks. There is a wide variety of human body features. Feature selection and extraction are critical issues in human motion analysis. Motion data must be acquired first t

BEIJING, May 10, 2023 /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 of the LMVO algorithm for improving the efficiency of SLAM. WiMi's LMVO-SLAM acquires phase by directly matching feature point image blocks in an image. Unlike the traditional approach, the entire image is matched by filtering the points to be matched based on the grayscale gradient size. The key to SLAM is localization and map building.WiMi's LMVO algorithm uses discrete feature extraction with direct extraction of keyframes for localization and ensures the uniformity of feature po

BEIJING, April 27, 2023 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider focused on delivering innovative interactive holographic AR experiences to customers, and today announced the development of an endoscopy system for Complex Programmable Logic Device based on holographic imaging to promote the miniaturization of medical devices and the emergence of medical optoelectronic microsensors. WiMi's CPLD wireless endoscopy system is based on a microelectromechanical system consisting of micro sensors that sense external digital information, control actuators, signal processing, and communicat

BEIJING, April 25, 2023 /PRNewswire/––WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today disclosed a highly reliable silent speech recognition system based on multi-featured signal perception technology. The system can convert electrical signals from body or laryngeal vocal cord movements into speech through silent reading or body movement recognition. The system can decipher what a person wants to say without the user's voice command, thus enriching the human-computer interaction scenario of "machine understanding human language." Voice recognition technology is the hands-free interface mode for VR

BEIJING, April 20, 2023 /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 method and system for human-computer interaction based on XR technology that enhances the user experience and enables the effect of changing the viewpoint at different locations. The convergence of visual interaction technologies facilitates an immersive experience that seamlessly transitions between the virtual and real worlds. The XR-based HCI method and system acquires a first-person perspective image of a user, a secondary perspective image, and a configuration method and a fusi

BEIJING, March 27, 2023 /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 convolutional neural network-based image fusion algorithm system. The application of convolutional neural networks to image fusion has obvious advantages: it can improve the feature extraction and assignment aspects of image fusion and enhance the quality of fused images. Image fusion is the processing and fusion of two or more images acquired by different sensors. Image fusion can achieve complementary information between images and maximize image quality to generate content-rich

BEIJING, March 24, 2023 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider with years of investment in holographic sights 3D map construction in the field of SLAM, today announced the development of an HV-SLAM passive navigation system based on holographic sights. WiMi's HV-SLAM is passive navigation, a technological application of self-cruising positioning. HV-SLAM is crucial to the mobility and interaction capabilities of intelligent devices such as drones, as it represents the basis for such powers: knowing where you are, knowing what your surroundings are like, and thus knowing what to d

BEIJING, March 9, 2023 /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 AI chip system for holographic face recognition based on edge computing. The system places recognition, acquisition, and analysis at the terminal, effectively improving the optimization of algorithms for one hand and allowing the establishment of a private domain to protect data security for another effectively. This system can be used in some key departments and enterprises or in controlling high-end factories and the security management of industrial parks, office buildings, fla

Beijing, Feb. 15, 2023 /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 3D reconstruction algorithm system based on image and point cloud fusion. 3D reconstruction refers to the establishment of a mathematical model of 3D objects suitable for computer representation and processing, which is the basis for processing, manipulating, and analyzing 3D objects in a computer environment, and is also a key technology for expressing the objective world of virtual reality in a computer. WiMi has developed a 3D reconstruction algorithm system based on image and p

HONG KONG, July 26, 2022 (GLOBE NEWSWIRE) -- WIMI Hologram Academy, working in partnership with the Holographic Science Innovation Center, has written a new technical article describing their exploration of VR-based intelligent monitoring system for robot's working conditions. This article follows below: Accurate monitoring of robot's working status can improve robot's free operation. In this paper, we design a virtual reality-based intelligent monitoring system for robot's working status. The information of the robot and its working environment is collected by the on-site monitoring module, and the system transmits the collected information to the remote terminal monitoring module throug