Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that it has entered into a partnership (the “Partnership”) with Cathay Tri-Tech., Inc. (“Cathey”) to introduce its AI facial recognition module, which utilizes its Kendryte K210 AI chip, to the Japanese market.

Canaan Inc. (NASDAQ: CAN), a leading high-performance computing solutions provider, today announced its unaudited financial results for the first quarter ended March 31, 2021.

High Performance: The A1246 boasts hash rates of up to 90TH/s at roughly 3,400W — one of the fastest and most energy efficient in the industry.

Canaan, a leading provider of supercomputing solutions, announced that it will be supplying 6,000 units of its A1246 model of AvalonMiners to Core Scientific, the leading digital mining operator in the United States. The next-generation A1246 AvalonMiners are expected to further cement Core Scientific’s industry-leading position as the largest digital asset mining operator in North America.