Canaan Demonstrates Kendryte K210 at CES 2020

The Chinese supercomputing company showcased a sensorless access control system and intelligent energy consumption solutions powered by its AI chip at the world's largest tech conference in Las Vegas.

Belinda Zhou
    Jan 08, 2020 6:30 PM  PT
Canaan Demonstrates Kendryte K210 at CES 2020
author: Belinda Zhou   

Canaan Inc. (Nasdaq: CAN) is participating alongside global tech giants at the Consumer Electronics Show in Las Vegas this week, showcasing its first-generation AI chip.

The 2020 International CES, the world's largest tech show, takes place from Jan. 7 to Jan. 10 and attracts innovators from across the globe. As of mid-week, France's Schneider Electric unveiled a new power management system, U.S.-based Ambarella Inc. (Nasdaq: AMBA) demonstrated a new robotics platform and South Korea's Samsung revealed its GEMS (Gait Enhancing & Motivating System) technology – among many others and more to follow.

China's Canaan displayed a sensorless access control system and intelligent energy consumption solutions, which are powered by its edge AI chip.

Canaan's Kendryte K210 is the first-generation AI chip that integrates machine vision and machine hearing functions. The company said in a statement in November that it was "the first in the industry to deliver commercial edge computing AI chips based on RISC-V architecture and self-developed neural network accelerator with outstanding performance." 

Compared with other systems with the same processing power, Canaan said, K210 is able to achieve low voltage and high power efficiency. Its computing power is 0.576TOPS, and the SoC's power consumption is 300mW, according to the company's filings with the U.S. Securities and Exchange Commission.

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(A smart camera powered by Canaan's technology; Image: Canaan)

A publicly traded company since November, Canaan provides supercomputing solutions through high-performance ASICs, application-specific integrated circuits. It has also diversified into AI technology, including AI chips, algorithm development and optimization, hardware modules, end-product and software services.

Nangeng Zhang, the chief executive officer of Canaan, told CapitalWatch on Wednesday that the next 10 years will be marked by intelligent upgrading across various industries.

The key to intelligent upgrading, Zhang added, is whether it can improve social operations and people's lifestyle. He also said that he expects 5G technology, artificial intelligence of things (AIoT) and blockchain to penetrate all infrastructure.

Canaan said it aims to launch mass production of the second generation 28nm AI chip in the first quarter of 2020. In addition, it said it will introduce the third generation of 12nm AI chip in the second half of 2020. 

Asked about the company's condition post-IPO, Zhang said on Wednesday, "The success of our listing is a starting point and our pursuit of the spirit of innovation and our attitude towards improving service and product quality have not changed."

The stock in Canaan jumped 5.15% on Wednesday, to $6.12 per American depositary share.

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