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Media: Former Head of Bitmain Launches Matrix Cryptocurrency Platform

Bitmain-Jihan-Wu--Launches-Matrix Media: Former Head of Bitmain Launches Matrix Cryptocurrency Platform

Several sources close to Chinese business circles reported that the co-founder and former director of mining giant Bitmain Jihan Wu was preparing to launch a new company called Matrix.

Interestingly, the main client of Matrix will be Wu's former brainchild - Bitmain. Of course, now the new business is negotiating with other companies around the world. Matrix expected to offer custody and credit services, so the choice of Bitmain as a key client is quite reasonable. The mining giant generates a large amount of cryptocurrency that needs to be stored somewhere.

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Bitmain engaged in the development of artificial intelligence


Leading manufacturer of equipment for mining, Bitmain, announced the release of the first products in the field of artificial intelligence (AI). The initiative is being implemented at the Bitmaintech Israel Research Center, the first center of the company outside of China. "We are very proud to be part of the effort to develop software for an artificial intelligence product called Sophon. Our AI researchers focused on creating a computer version and NLP solutions optimized for the Sophon platform, "said Bitmaintech Israel head Gadi Glikberg.

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