WiMi Hologram Cloud Inc. Stock Price, News & Analysis

WiMi Hologram Cloud Inc. (NASDAQ: WIMI) announced on March 2, 2023, the development of a new holographic intelligent face detection and database matching recognition system. This technology utilizes image processing to identify individuals by analyzing facial feature points, enhancing both speed and accuracy through real-time data processing. The system incorporates advanced R&D algorithms for face detection and dynamic scene recognition while ensuring user information security via encryption and decentralized storage. WiMi's solutions are expected to be implemented in public security and social management sectors, promoting safer intelligent living.

WiMi Hologram Cloud (NASDAQ: WIMI) has announced the development of a neural network-based data fusion algorithm system aimed at enhancing information processing capabilities. This technology integrates multi-dimensional data, improving speed and accuracy while reducing redundant transmissions. The neural network, characterized by its self-learning abilities and fault tolerance, processes inputs from various sensors to establish a cohesive understanding of complex data. This advancement positions WiMi to leverage AR technology more effectively and cater to the growing demands within the holographic sector.

WiMi Hologram Cloud Inc. (NASDAQ: WIMI), a leader in Hologram Augmented Reality technology, announced the development of a 3D gesture tracking algorithm on February 28, 2023. This innovative algorithm enables recognition and tracking of human gestures using a standard camera, enhancing user interaction without the need for wearable sensors. The system comprises three modules: acquisition, processing, and output. Its applications span various fields, including entertainment, education, and medical sectors, aiming to improve human-computer interactions. WiMi plans to expand this technology into virtual reality, intelligent driving, and gaming.

WiMi Hologram Cloud Inc. (NASDAQ: WIMI) announced the release of a proximity 3D holographic imaging device aimed at high-precision applications across various fields including 3D imaging and spatial scanning. This device features a unique design with dual circular tracks for holographic probes, enabling real-time 3D scanning. The technology allows for a precision of 99.83% in data acquisition, eliminating the need for manual corrections. As the demand for digital solutions grows, WiMi’s device is positioned to enhance online shopping experiences in the Web 3.0 era, integrating holographic digitization of products.

WiMi Hologram Cloud (NASDAQ: WIMI) announced the launch of its WIMI-MR system focusing on augmented reality (AR) and computer-generated holograms (CGH). This innovative system allows users to edit and display holographic AR content, significantly enhancing user interaction with AR objects. While CGH technology demonstrates transformative potential across various sectors, it currently faces challenges such as high computational demands and low resolution from spatial light modulators. WiMi aims to overcome these obstacles, positioning its WIMI-MR system to expand applications in VR, AR, and automotive HUD displays, which may drive future business growth.

WiMi Hologram Cloud Inc. (NASDAQ: WIMI) announced the development of a CNN-based image recognition system, which enhances image recognition accuracy over traditional algorithms. The CNN algorithm autonomously constructs features, improving efficiency through a multi-layer network structure. This technology is crucial in various fields, including navigation and medical research. WiMi aims to expand the application of its CNN system to further leverage these advantages.

WiMi Hologram Cloud (NASDAQ: WIMI) announced on February 22, 2023, the upgrade of its AR cloud platform, integrating MEC with AI and AR technologies. The new MEC-based Intelligent AR System Platform features a two-tier architecture and employs edge and central cloud mechanisms to optimize data processing and management. With enhancements in latency, bandwidth, and AI capabilities, WiMi aims to improve user experiences in industries such as smart city and innovative medical applications. This upgrade signifies a strategic move towards comprehensive service offerings in the 5G era.

WiMi Hologram Cloud Inc. (NASDAQ: WIMI) announced the launch of a new digital content compression processing system to meet the high bit-rate transmission needs of Web 3.0. This innovative system addresses four types of data redundancy: coding, spatial, temporal, and irrelevant information, enhancing the efficiency of digital content storage and transmission. By employing lossless compression techniques, WiMi aims to improve transmission speeds significantly. The launch follows other advancements in holographic AR technology since its inception in 2015, focusing on professional applications including automotive and software solutions.

WiMi Hologram Cloud (NASDAQ: WIMI) announced a new core patent for an interactive holographic display system designed for Web 3.0. The system incorporates five functional units, including a login verification unit and a processing unit, to enhance user interaction and experience. It enables real-time dynamic displays, allowing users to engage with holographic content, fostering a rich visual and auditory experience. WiMi anticipates that this innovation will contribute significantly to the growing demand for interactive technologies in the expanding Web 3.0 landscape.