Core Insights - D-Wave Quantum Inc. has experienced a significant stock increase of 59.6% in May, outperforming the Internet Software industry's 16.2% and the S&P 500's 5.7% gains [1][4] - The stock rally is attributed to strong Q1 2025 financial results and notable technological advancements, including a recent demonstration of quantum supremacy [2][5] Financial Performance - In Q1 2025, D-Wave's revenues surged by 509% year over year, primarily due to the sale of the Advantage2 system to the Julich Supercomputing Center [5] - GAAP gross profit increased by 736%, while non-GAAP gross profit rose by 644% [5] - The net loss decreased to 2 cents per share, down from 11 cents per share in Q1 2024, marking the lowest loss since the company's public debut [6] Technological Achievements - D-Wave achieved quantum supremacy by using its 1,200-qubit Advantage2 prototype to simulate complex magnetic materials in minutes, a task that would take traditional supercomputers nearly a million years [7] - This breakthrough highlights the practical applicability of D-Wave's quantum annealing systems, distinguishing the company in a field often dominated by theoretical claims [7] Market Position and Growth Potential - D-Wave is the only company with production-level quantum applications in real-world use, with major clients including Ford Otosan, NTT DOCOMO, and Japan Tobacco [11] - The global quantum computing market is projected to reach $125 billion by 2030, growing at a CAGR of 36.9%, indicating strong long-term potential for D-Wave [16] Technical Indicators - D-Wave's stock is trading above both the 50-day and 200-day moving averages, suggesting a bullish trend and positive market sentiment [13]

Group 1 - Michael Wiggins De Oliveira is an inflection investor, focusing on buying undervalued companies at pivotal moments when their profitability is expected to improve significantly over the next year [1] - The investment strategy emphasizes technology and the Great Energy Transition, including uranium, with a concentrated portfolio of approximately 15 to 20 stocks and an average holding period of 18 months [1] - Michael has over 10 years of experience analyzing companies in tech and energy sectors, and has built a following of over 40,000 on Seeking Alpha [2] Group 2 - The Investing Group Deep Value Returns, led by Michael, offers insights through its concentrated portfolio of value stocks, timely updates on stock picks, and a weekly webinar for live advice [3] - The group provides "hand-holding" support for both new and experienced investors, fostering an active and kind community accessible via chat [3]

Core Viewpoint - MicroCloud Hologram Inc. has developed a neural network-based quantum-assisted unsupervised data clustering technology that integrates classical self-organizing feature map (SOM) neural networks with quantum computing capabilities, enhancing data clustering efficiency in an unsupervised manner [1][4][11] Group 1: Technology Overview - The Self-Organizing Feature Map (SOM) is an unsupervised learning model used for data clustering, dimensionality reduction, and data visualization, mapping high-dimensional data to a low-dimensional space [2] - Traditional SOM algorithms face challenges in computational complexity and storage when handling massive datasets [3] - The Quantum-Assisted Self-Organizing Feature Map (Q-SOM) model leverages quantum computing to accelerate weight adjustment and data mapping processes, allowing for faster processing of larger datasets [4][5] Group 2: Advantages of Quantum-Assisted Technology - Quantum computing enhances computational efficiency through parallel processing, significantly reducing time costs associated with clustering computations, especially for large-scale data [7] - The quantum-assisted algorithm can handle higher-dimensional data more effectively, reducing complexity in high-dimensional computations [8] - Compared to classical methods, quantum computing offers higher accuracy and stability in solving nonlinear and complex problems, avoiding local optima issues [9] Group 3: Applications and Future Potential - The technology is applicable not only for data clustering but also in fields such as image processing, natural language processing, and financial data analysis, with potential for broader industry applications as quantum technology advances [10][12] - The integration of quantum computing and machine learning is expected to transform data processing methods across various industries, particularly in big data, artificial intelligence, and financial technology [11][12] - Continuous development in quantum computing is anticipated to unlock new potential in fields requiring high computational speed and precision, such as drug discovery and climate change prediction [12][13]

Core Insights - Quantum Computing Inc. (QCi) reported solid operational and financial progress in Q1 2025, completing the construction of its Quantum Photonic Chip Foundry in Tempe, Arizona, which positions the company to meet the growing demand for thin film lithium niobate (TFLN) photonic chips [2][5] Financial Highlights - Q1 2025 revenues were approximately $39,000 with a gross margin of 33%, compared to $27,000 and a gross margin of 41% in Q1 2024 [5] - Operating expenses for Q1 2025 totaled $8.3 million, up from $6.3 million in the same period last year, primarily due to increased employee-related expenses [5] - The company reported a net income of $17.0 million, or $0.13 per basic share, compared to a net loss of $6.4 million, or $(0.08) per basic share, in Q1 2024, largely due to a $23.6 million non-cash gain from the mark-to-market valuation of the company's warrant liability [5][14] - Total assets increased to $242.5 million as of March 31, 2025, up from $153.6 million at the end of 2024, with cash and cash equivalents rising by $87.5 million to $166.4 million [5][13] - Total liabilities decreased to $21.7 million from $46.3 million at year-end 2024, primarily due to non-cash changes in the fair value of the company's warrant liability [5][13] Operational Highlights - The Quantum Photonic Chip Foundry in Tempe, Arizona, is now operational, with five initial orders received for its foundry services [5] - QCi announced a collaboration with Sanders Tri-Institutional Therapeutics Discovery Institute to leverage its Dirac-3 quantum optimization machine for computational chemistry and biomolecular modeling [5] - Eric Schwartz was appointed to the Board of Directors, bringing over 20 years of experience in corporate finance and strategy to support QCi's growth initiatives [5] Strategic Partnerships and Market Engagement - QCi was awarded a subcontract valued at approximately $406,000 to support NASA's Langley Research Center, utilizing its Dirac-3 quantum computer for a project aimed at improving daytime Earth observation [6] - The company secured additional customer orders, including a Quantum Photonic Vibrometer for Delft University of Technology and an EmuCore reservoir computing device for a major automotive manufacturer, indicating growing demand for its quantum solutions [6]

Core Insights - The National Security Agency (NSA) has introduced the Commercial National Security Algorithm Suite 2.0 (CNSA 2.0) to establish quantum-resistant cryptographic standards, urging data center and computing markets to become post-quantum ready within two years [1] - Microchip Technology has developed the MEC175xB embedded controllers that support immutable post-quantum cryptography, aimed at helping system architects meet evolving security demands [1][2] Company Overview - Microchip Technology Inc. is a leading provider of smart, connected, and secure embedded control and processing solutions, serving over 100,000 customers across various markets including industrial, automotive, consumer, aerospace, defense, communications, and computing [8] Product Features - The MEC175xB family employs a modular approach for developers to adopt post-quantum cryptography efficiently, ensuring long-term data protection without compromising existing functionality [2] - These controllers are designed with NIST-approved post-quantum cryptographic algorithms, secure boot solutions, and an advanced Enhanced Serial Peripheral Interface (eSPI) [2] - The controllers incorporate CNSA 2.0-compliant Module-Lattice-Based Digital Signature Algorithms (ML-DSA), Merkle stateful hash-based Leighton-Micali Signature (LMS) verification, and Module-Lattice-Based Key-Encapsulation Mechanism (ML-KEM) [3] Technical Specifications - The MEC175xB controllers feature an Arm® Cortex®-M4F processor running at 96 MHz, 480 KB of SRAM, and various connectivity options including I3C® and optional USB 2.0 Full-Speed interface [4] - They include secure boot and firmware update schemes configurable for CNSA 1.0 or 2.0 or hybrid-based signature verification, enhancing system integrity and authenticity [4] Development Tools - MEC175xB controllers are compatible with MPLAB® X Integrated Development Environment (IDE) and supported by example projects available in the Secure Document Extranet (SDE) [6] Availability - The MEC175xB controllers are currently available as part of Microchip's early adopter program, with additional information accessible through Microchip's sales representatives or their website [7]

Core Insights - The grand opening of Quantum Computing Inc.'s quantum photonic chip foundry in Tempe, Arizona marks a significant milestone in the company's growth strategy and aims to meet the increasing global demand for thin-film lithium niobate (TFLN) photonic chips [1][2][5] Group 1: Facility and Operations - The foundry construction was completed in March 2025 and is now operational, fulfilling existing customer pre-orders and positioned to scale production capacity for datacom, telecom, advanced sensing, and quantum computing markets [3][4] - The facility is designed to provide U.S.-based manufacturing of high-performance photonic chips and to supply critical components for QCi's proprietary quantum computing machines [4] Group 2: Strategic Importance - The opening of the foundry is a cornerstone of QCi's multi-phase growth strategy, which includes scaling capacity, enhancing vertical integration, and expanding into emerging quantum computing markets [5] - The company anticipates modest initial revenue from the foundry this year, with expectations for revenue growth to accelerate starting in 2026 as more customers come online [5] Group 3: Community and Economic Impact - The foundry is expected to bring high-tech jobs and economic development to Tempe, reinforcing the city's reputation as a hub for innovation in quantum technologies and advanced manufacturing [2]

TEL AVIV, Israel, May 12, 2025 (GLOBE NEWSWIRE) -- Classiq today announced raising $110 million in Series C funding, the largest ever for a quantum software company. The round was led by Entrée Capital, with participation from Norwest, NightDragon, funds managed by Hamilton Lane (Nasdaq: HLNE), Clal, Neva SGR, Phoenix, Team8, IN Venture, Wing, HSBC, Samsung Next and QBeat, as well as other new and existing investors. This investment brings Classiq's total funding to $173 million, positioning the company to ...

Core Viewpoint - Needham analyst Quinn Bolton reiterated a Buy rating on D-Wave Quantum Inc. (QBTS) and raised the price forecast from $8.50 to $13, following a significant revenue increase reported by the company [1]. Financial Performance - D-Wave reported revenue of $15 million for the quarter ended March 31, representing a more than sixfold increase year-over-year [1]. - The gross margin for the Advantage system sales was 93.6%, significantly exceeding the Street estimate of 74.3%, indicating higher profitability from system sales compared to QCaaS revenue [3]. Key Developments - The sale of the Advantage quantum computing system to a major research institution was a primary driver of the revenue boost [1]. - D-Wave completed the installation of its Advantage2 system at Davidson in Alabama, showcasing its operational progress [4]. - The company is actively pursuing partnerships in the quantum blockchain space to enhance its go-to-market strategy, which could lead to substantial system sales opportunities [5]. Market Interest - There has been an increase in commercial interest following D-Wave's quantum supremacy demonstration last quarter, indicating growing market confidence in the company's technology [4]. - Ford Otosan is advancing its deployment into production, with plans for expansion across multiple factories, reflecting the practical application of D-Wave's technology [5]. Future Outlook - D-Wave's expanding technology portfolio and focus on practical, commercial use cases are expected to drive stronger customer adoption and revenue growth [6]. - Despite the positive developments, the company remains EBITDA-negative, suggesting that investors should anticipate ongoing dilutive financing rounds until it reaches EBITDA break-even [6].

Core Points - First Quantum Minerals Ltd. announced the election of directors during the 2024 Annual Meeting of Shareholders, with a total of 715,082,417 shares voted, representing 85.72% of the issued and outstanding shares [1] Group 1: Election Results - Alison C. Beckett received 619,762,765 votes in favor, accounting for 88.35% of the votes cast [2] - Peter Buzzi received 700,739,328 votes in favor, accounting for 99.89% of the votes cast [2] - Geoff Chater received 610,971,586 votes in favor, accounting for 87.09% of the votes cast [2] - Kathleen A. Hogenson received 691,376,822 votes in favor, accounting for 98.55% of the votes cast [2] - C. Kevin McArthur received 596,731,045 votes in favor, accounting for 85.06% of the votes cast [2] - Juanita Montalvo received 701,484,017 votes in favor, accounting for 99.99% of the votes cast [2] - Brian Nichols received 701,304,409 votes in favor, accounting for 99.97% of the votes cast [2] - A. Tristan Pascall received 701,400,348 votes in favor, accounting for 99.98% of the votes cast [2] - Simon J. Scott received 701,439,443 votes in favor, accounting for 99.95% of the votes cast [2] - Hanjun (Kevin) Xia received 701,185,051 votes in favor, accounting for 99.95% of the votes cast [2]

Core Insights - Quantum Computing Inc. (QCi) has promoted Milan Begliarbekov to Chief Operating Officer and Pouya Dianat to Chief Revenue Officer to support the company's strategic growth and commercialization efforts [1][2] - The promotions come after the completion of QCi's quantum photonic chip foundry construction and the successful execution of its pilot chip sales initiative [1][7] Leadership Changes - Milan Begliarbekov, previously the Director of Quantum Foundry, will oversee day-to-day operations, drive manufacturing efficiency, and manage the development of advanced photonic circuits for quantum computers in his new role [3][4] - Pouya Dianat, formerly the Director of Photonic Integrated Circuits, will focus on global commercial strategy, customer acquisition, and revenue expansion across QCi's offerings as Chief Revenue Officer [5][6] Strategic Growth - The company aims to strengthen its leadership team to effectively execute its strategy, particularly in the datacom and telecom sectors, where there is increasing demand for high-performance TFLN solutions [7] - QCi's quantum photonic chip foundry in Tempe, Arizona, completed construction in March 2025, with an upgraded ISO certification finalized ahead of schedule, positioning the company to meet global demand for TFLN photonic chips [7][9] Market Positioning - QCi provides accessible and affordable quantum machines and TFLN foundry services, with products designed to operate at room temperature and low power [9] - The company's technologies offer unique capabilities in high-performance computing, artificial intelligence, cybersecurity, and remote sensing applications [9]