WIMI News & Events

WiMi Hologram Cloud announced the release of a Hybrid Quantum-Classical Neural Network technology for efficient MNIST binary image classification. This breakthrough achievement marks a new progress in quantum machine learning moving from theoretical exploration toward practicalization, and also embodies the enterprise's core competitiveness in the field of quantum intelligent algorithm research. This technology takes an efficient hybrid structure, scalable quantum feature mapping mechanism, and quantum state optimization strategy as its core, successfully achieving excellent classification performance on the MNIST handwritten digit dataset, proving the practical feasibility and computational advantages of quantum neural networks in high-dimensional image recognition tasks.

WiMi Hologram Cloud announced that they are actively exploring a shallow hybrid quantum-classical convolutional neural network, SHQCNN, model, bringing innovative breakthroughs to the field of image classification. "WiMi has adopted an enhanced variational quantum method in the SHQCNN model, laying a solid foundation for the model's efficient operation in image classification tasks. The enhanced variational quantum method has undergone multi-faceted optimizations based on traditional methods," the analyst tells investors.

WiMi Hologram Cloud announced the development of single-qubit quantum neural network technology for multi-task design. This technology has extremely disruptive significance; this technology, by demonstrating the feasibility of high-dimensional quantum systems in efficient learning, provides a realistic path for the deep integration of future quantum computing and artificial intelligence.

WiMi Hologram Cloud announced a significant improvement in its operating performance, with a notable increase in cash reserves. As of August 7, 2025, the Company's total cash, cash equivalents, and short-term investments - including total cash and Bitcoin-related securities derivatives and short-term investments - reached approximately RMB 3.266B. Among these, bank cash alone amounted to approximately RMB 1.741B, while Bitcoin-related securities derivatives and short-term investments totaled approximately RMB 1.525B. The Company plans to allocate USD 450 million in investments toward quantum technology and holographic technology applications, while increasing capital deployment in blockchain and Bitcoin-related cryptocurrency applications. WiMi's financial model in emerging technology sectors has shown solid performance, with cash reserves continuing to grow. This milestone financial achievement clearly demonstrates the successful execution of the Company's efficient operational strategies and the strength of its management capabilities.