Northern Data and Canaan collaborate on blockchain and AI development

Blockchain solutions and datacenter provider,Northern Data has announced its cooperation with Canaan, a blockchaintechnology firm, in order to bring development in the area of artificialIntelligence, blockchain technology and data centre operations.

Integrating Canaan’s expertise in the fieldsof AI chip development and ASIC hardware with Northern Data’s initiatives in datacentre and blockchain infrastructure at scale will offer both firms a solidbedrock to develop and expand in this technology, the companies claimed.

NG Zhang, the CEO of Canaan, said: “NorthernData will provide computational resources support for our overseas R&D inthe US. Canaan looks forward to further cooperation in product development, AI,and high-performance computing with Northern Data in the future.”

Northern Data has also announced a strategiccooperation with SBI Crypto in the area of applied blockchain technology. Boththe firms will also be working on other areas of strategic development likeprojects relating to blockchain technology infrastructure and joint softwaredevelopment and deployment. Aroosh Thillainathan, the CEO of Northern Data, said: “With itsactivities to date, SBI Holdings has impressively demonstrated its leadershipin the emerging crypto and blockchain industry. This partnership gives us thepotential to grow even faster by joining forces.”

In terms of other blockchain partnerships Neogen, an international food safety origanisation, announced earlier this month its partnership with Ripe Technology to implement its blockchain technology in food safety diagnostics and animal genomics. According to both firms, blockchain has the ability to significantly revolutionise the food and livestock industries by using the technology to create the history of products and animals as they go through their entire production cycles. John Adent, CEO of Neogen, said: “The technology permanently connects a tremendous amount of potentially critical data, including results from Neogen’s tests, to a food product or animal.”

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