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Canaan Inc. is a China-based technology company specializing in blockchain and artificial intelligence (AI) solutions. The company designs and manufactures application-specific integrated circuit (ASIC) chips and related hardware, primarily used in cryptocurrency mining. Canaan also develops AI-powered computing solutions for applications in various industries, including finance, healthcare, and security. The company is headquartered in Hangzhou, China, and its shares are listed on the NASDAQ.