WiMi Hologram Cloud Inc. provides augmented reality (AR) based holographic services and products in China. It operates in three segments: AR Advertising Services, AR Entertainment, and Semiconductor Related Products and Services. The company primarily offers holographic AR advertising services and holographic AR entertainment products. Its holographic AR advertising software enables users to insert into video footages real or animated three dimensional objects; and online holographic AR advertising solution embeds holographic AR ads into films and shows. The company's holographic AR entertainment products consist primarily of payment middleware software, game distribution platform, and holographic mixed reality software. In addition, it engages in the provision of central processing algorithm services, and provides computer chip products to enterprise customers, as well as sells comprehensive solutions for central processing algorithms and related services with software and hardware integration. WiMi Hologram Cloud Inc. was founded in 2015 and is headquartered in Beijing, the People's Republic of China.
IPO Year: 2020
Exchange: NASDAQ
Website: en.wimiar.com
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BEIJING, Sept. 9, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that it developed a blockchain-based asynchronous federated learning (BAFL). The framework combines blockchain technology and asynchronous learning mechanisms to build a federated learning environment that is both efficient and secure. Blockchain, with its decentralization, immutability and transparency, has become an important means to guarantee the security of federated learning systems. In BAFL, blockchain records the history of each model update to ensure the integrity and traceability of model da
BEIJING, Aug. 23, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that its R&D team delved into the application potential of blockchain in the field of identity management. The decentralized nature of blockchain as an open distributed ledger offers the possibility of constructing a secure, transparent, and tamper-proof trust management system. Using graph theory and blockchain frameworks, the team proposed an abstract identity verification model and successfully mitigated popular cyber-attacks by implanting trust-related information in an encrypted blockchain archite
BEIJING, Aug. 8, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that it developed a layer-2 blockchain payment channel rebalancing model technology. By building an additional protocol layer on top of the main chain, the layer-2 network aims to increase transaction speed and reduce costs without sacrificing the security of the main chain. The payment channel technology, as an implementation of the layer-2 network, allows users to conduct transactions off-chain and interact with the main chain only at the beginning and end of a transaction, effectively reducing the nu
BEIJING, Aug. 6, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced a blockchain-based trusted collaborative learning (TrusCL) framework for IoT which is a solution for the privacy-preserving and computational requirements of collaborative learning in AIoT environments. The TrusCL framework is combined with Homomorphic Encryption (HE) and Differential Privacy (DP) techniques, both of which are significant in the field of data protection and privacy enhancement. Homomorphic encryption allows direct computation on encrypted data without the need to decrypt it first, whic
BEIJING, July 29, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced a blockchain-based privacy security protection framework will provide an innovative solution for secure data sharing and collaboration in smart cities, which not only integrates the advantages of decentralization, transparency, and immutability of blockchain technology, but also deeply integrates a variety of advanced encryption and authentication technologies, aiming to establish a sharing ecosystem for IoT data in smart cities that is both secure and efficient, and to ensure IoT data security and int
BEIJING, July 26, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that it utilized homomorphic encryption and federated learning building an advanced data structure architecture. The architecture integrates federated learning and partial homomorphic encryption, and this integration protects data privacy while enabling efficient data analysis and sharing. Homomorphic encryption is a special encryption technique that enables computational operations to be performed in an encrypted state without decrypting the data. By utilizing homomorphic encryption, it is possible t
BEIJING, July 19, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that it developed a blockchain-based trust approach for cloud computing to address trust and security issues in cloud computing services through technological innovation, while meeting increasingly stringent regulatory requirements and market demands. WiMi's blockchain-based trust approach for cloud computing, firstly, establishes a decentralized trust framework so that the trust evaluation process is no longer dependent on a single central node. A blockchain network is constructed that consists of mu
BEIJING, July 15, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced a blockchain consensus algorithm based on genetic algorithm. The genetic algorithm is applied to the consensus node to formulate the blockchain node fitness function and limit the consensus to a small fraction to improve computational efficiency. The genetic algorithm for consensus node selection is applied to all nodes participating in the coalition blockchain network, and through the algorithm, the best consensus node is selected to form a complete consortium blockchain network and improve the overal
BEIJING, July 1, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced a blockchain consensus mechanism based on improved distributed consistency and hash entropy. The consensus mechanism combines the advantages of a distributed consistency algorithm and hash entropy algorithm, aiming to improve the efficiency and security of the blockchain network. It uses an improved distributed consistency algorithm, which can achieve a consistent state for all nodes in the network through message passing and state synchronization between nodes. The distributed consistency algorithm is
BEIJING, June 12, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that intelligent interconnected decision-making system based on blockchain technology is a system based on blockchain technology. The system achieves data decentralization and security by storing various data and information on the blockchain. At the same time, through the application of smart contracts and intelligent algorithms, the system is able to automatically execute decisions and make corresponding adjustments and optimizations. Its core features mainly include decentralization, smart contracts
WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that it developed a blockchain-based trust approach for cloud computing to address trust and security issues in cloud computing services through technological innovation, while meeting increasingly stringent regulatory requirements and market demands.
WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced a blockchain consensus algorithm based on genetic algorithm. The genetic algorithm is applied to the consensus node to formulate the blockchain node fitness function and limit the consensus to a small fraction to improve computational efficiency. The genetic algorithm for consensus node selection is applied to all nodes participating in the coalition blockchain network, and through the algorithm, the best consensus node is selected to form a complete consortium blockchain network and improve the overall consensus performance of the consorti
WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that intelligent interconnected decision-making system based on blockchain technology is a system based on blockchain technology. The system achieves data decentralization and security by storing various data and information on the blockchain. At the same time, through the application of smart contracts and intelligent algorithms, the system is able to automatically execute decisions and make corresponding adjustments and optimizations. Its core features mainly include decentralization, smart contracts, smart algorithms, data sharing and in
Shares of Core & Main Inc (NYSE:CNM) fell sharply during Tuesday's session after the company reported mixed first-quarter financial results. Core & Main posted quarterly earnings of 49 cents per share, missing market expectations of 52 cents per share. The company's quarterly sales came in at $1.74 billion versus estimates of $1.72 billion, according to data from Benzinga Pro. Core & Main shares dipped 11.4% to $49.77 on Tuesday. Here are some other stocks moving in today’s mid-day session. Gainers MicroAlgo Inc (NASDAQ:MLGO) shares jumped 284% to 5.99 after the company announced that it will jointly establish a micro-consciousness quantum research center with WiMi. Sobr S
U.S. stocks traded lower this morning, with the Dow Jones falling more than 70 points on Tuesday. Following the market opening Tuesday, the Dow traded down 0.20% to 38,493.85 while the NASDAQ fell 0.22% to 16,790.91. The S&P 500 also fell, dropping, 0.24% to 5,270.55. Check This Out: Top 3 Financial Stocks You’ll Regret Missing This Quarter Leading and Lagging SectorsReal estate shares rose by 0.2% on Tuesday. In trading on Tuesday, energy shares fell by 1.7%. Top Headline Donaldson Company Inc (NYSE:DCI) reported better-than-expected third-quarter earnings and raised its FY24 guidance. Sales increased 6.0% Y/Y to $927.9 million beating the consensus of $915.8 million, l
MicroAlgo Inc. (NASDAQ:MLGO) and WiMi Hologram Cloud Inc. (NASDAQ:WIMI) shares are surging premarket today after the companies partnered to create a micro-consciousness quantum research center. As per the deal, this center will utilize quantum theory and cutting-edge AI technology to study the relationship between consciousness and quantum mechanics to explore deep scientific concepts, unify quantum theory with human consciousness, and push the boundaries of scientific understanding. Notably, the center will integrate disciplines such as physics, mathematics, medicine, computer science, biology, polymer chemistry, psychology, and sociology to form a comprehensive institute focused on c
Shares of Healthequity Inc (NASDAQ:HQY) rose sharply in today's pre-market trading as the company reported better-than-expected first-quarter financial results. The company reported quarterly earnings of 80 cents per share which beat the analyst consensus estimate of 66 cents, according to data from Benzinga Pro. HealthEquity issued strong FY25 earnings guidance and also issued FY25 revenue guidance with its midpoint above expectations. Healthequity shares jumped 5.9% to $85.98 in the pre-market trading session. Here are some other stocks moving in pre-market trading. Gainers MicroAlgo Inc (NASDAQ:MLGO) rose 209.5% to $4.83 in today's pre-market trading. WiMi Hologram Cloud a
WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that WiMi and MicroAlgo will jointly establish a micro-consciousness quantum research center. It will integrate physics, mathematics, medicine, genetics, computer science, biology, polymer chemistry, philosophy, psychology, sociology, and many other disciplines to form a comprehensive research institute based on various disciplines centered on consciousness. Research in basic science is a long process that requires a long-term commitment from scientists. At the same time, it also requires the support and promotion from the society and ente
WiMi Hologram Cloud Inc. (NASDAQ:WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that it developed an innovative technology, BlockChain Guardian, which will provide robust security protection for the Industrial Internet of Things (IIoT). This technology combines the decentralization, immutability and security of blockchain with the real-time monitoring and anomaly detection capabilities of intelligent Network Intrusion Detection Systems (NIDS) to provide a new solution for the IIOT. By applying blockchain technology to IIOT network security, BlockChain Guardian technology enables real-time monitoring, anomaly detection
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