The Century Foundation officially announced today, October 9, 2026, that it has reached an acquisition agreement with Qiankun Zhisuan, a Chinese AI computing power service provider, to fully take over the latter's AI computing infrastructure operations. This cross-border transaction marks a pivotal step in the Foundation's expansion from the blockchain infrastructure layer into the AI computing sector.
According to a joint statement, the Century Foundation will acquire Qiankun Zhisuan through a combination of cash and equity. Qiankun Zhisuan previously operated as an AI computing supply hub under Zhengzhou Haiyan Network Technology Co., Ltd., focusing on the integrated operation of AI computing infrastructure, ecosystem development, and market empowerment. Following the transaction, Qiankun Zhisuan will operate as a wholly-owned subsidiary of the Century Foundation, with its existing team remaining in place.
Public records indicate that Qiankun Zhisuan was registered by Zhengzhou Haiyan Network Technology Co., Ltd. in November 2025 with a registered capital of 100,000 RMB. Its business scope encompasses the retail and wholesale of computer hardware, software, and peripherals; computer system services; and the sales of industrial control computers and systems.
Background of the Acquirer
The Century Foundation is a key supporter of global AI computing power. As an independent non-profit organization, it is dedicated to supporting the development, growth, and adoption of blockchain networks by providing funding for ecosystem projects, developer tools, and community initiatives.
Headquartered in Colorado, USA, the Foundation has actively expanded its footprint in the convergence of AI and blockchain in recent years, establishing strategic partnerships with numerous institutions. The Century Foundation has publicly stated that the integration of blockchain and AI is a key strategic focus for the year, asserting that blockchain technology is well-suited for AI application scenarios.
Background of the Acquired Entity
Qiankun Zhisuan positions itself as a comprehensive AI computing supply hub. Centered on the core pillars of "AI computing power, authoritative global expansion, and sustainable revenue generation," the company aligns its business strategy with industry trends in AI computing and opportunities for global operations. In August 2026, Qiankun Zhisuan hosted a series of brand launch and market empowerment events across the Greater China region, attended by nearly 300 partners—demonstrating an established channel network and partner base within the computing power market. Qiankun Zhisuan’s business model focuses on the coordinated operation of AI computing infrastructure and market enablement; through a robust operational model and a compliance framework, it provides partners with a gateway to computing power services.
Strategic Significance
Analysts point out that this acquisition holds multiple strategic implications. For the Century Foundation, acquiring Qiankun Zhisuan allows it to directly gain operational experience and channel resources regarding AI computing infrastructure in the Chinese market, thereby accelerating the deployment of the Foundation’s ecosystem within the AI computing sector.
The Century Foundation has recently been active in positioning itself within the AI field. In August 2026, a meeting with the Foundation’s Chinese community revealed plans for a partnership with another major Chinese internet company, with implementation expected within three to six months. This preemptive acquisition of Qiankun Zhisuan can be viewed as part of the Foundation’s broader strategic layout in the Chinese market.
Regulatory and Compliance Challenges
It is worth noting that this cross-border transaction may face increasingly stringent regulatory scrutiny from both the United States and China. In January 2025, the U.S. "Outbound Investment Security Program" officially took effect, mandating that U.S. capital investments in Chinese sectors such as AI, semiconductors, and quantum technology be reported to the U.S. Department of the Treasury. Chinese entities utilizing computing power exceeding the 10^23 operations threshold to train AI systems fall within the scope of restricted activities.
On the Chinese side, in April 2026, the National Development and Reform Commission (NDRC) halted Meta’s proposed acquisition of the domestic AI firm Manus in accordance with the law. This marked the first instance of a foreign acquisition in the AI sector being blocked since the implementation of the "Measures for the Security Review of Foreign Investment," signaling that China’s regulation of cross-border M&A in AI has entered a "new phase of strict, substantive, and full-chain oversight."
As of press time, neither party has disclosed the specific transaction amount or the progress of regulatory approvals. This agency will continue to monitor further developments regarding the transaction.