WiMi Hologram Cloud (NASDAQ: WIMI ) stock is heading higher on Tuesday after the company announced a collaboration with MicroAlgo (NASDAQ: MLGO ). This has the two companies working together to create a joint micro-consciousness quantum research center.
| Media Industry | Communication Services Sector | Chengwei Yi CEO | NASDAQ (NMS) Exchange | G9687V204 CUSIP |
| CN Country | 107 Employees | - Last Dividend | 14 Apr 2025 Last Split | 1 Apr 2020 IPO Date |
WiMi Hologram Cloud Inc., founded in 2015 and based in Beijing, China, stands at the forefront of the augmented reality (AR) industry by providing innovative holographic services and products. Operating within three primary segments - AR Advertising Services, AR Entertainment, and Semiconductor Related Products and Services, WiMi caters to a diverse range of industries including manufacturing, real estate, entertainment, technology, media and telecommunications, travel, education, and retail. The company's technological prowess spans across software engineering, content production, cloud, big data, and artificial intelligence, aiming to bridge the physical and digital worlds through advanced AR solutions.
WiMi's holographic AR advertising services empower users to elevate traditional video footages by integrating real or animated three-dimensional objects. This seamless amalgamation of digital and real-world elements opens up new possibilities for advertisers seeking to capture the attention of their audience in a novel and engaging manner. Additionally, the company offers an online holographic AR advertising solution that strategically places holographic AR ads within films and shows, thereby expanding the reach and effectiveness of advertising campaigns.
The company's AR entertainment arsenal encompasses payment middleware software, a game distribution platform, and holographic mixed reality software. These products are designed to enhance the gaming and entertainment experience by integrating holographic AR technology, thereby offering immersive experiences that were previously not possible. This segment particularly caters to the evolving demands of the digital entertainment industry, aiming to revolutionize how content is consumed and interacted with.
WiMi extends its technological expertise to the semiconductor realm by offering central processing algorithm services alongside computer chip products tailored for enterprise customers. This includes comprehensive solutions that amalgamate central processing algorithms with software and hardware integration. The company doesn't stop at product provision; it also offers services like hardware performance optimization and software algorithm optimization catering specifically to online game developers and distributors. This vertical demonstrates WiMi's commitment to supporting the backbone of AR technology and the wider tech ecosystem through cutting-edge semiconductor solutions.