HOUSTON, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Quantum Capital Group and its affiliates ("Quantum") today announced that it has entered into an agreement to acquire Cogentrix Energy ("Cogentrix" or the "Company"), a premier U.S. independent power producer, from funds managed by Carlyle (NASDAQ: CG) for a total consideration of approximately $3 billion. The Cogentrix platform is comprised of 5.3 gigawatts of efficient and flexible natural gas-fired power plants, located throughout PJM, ERCOT, and ISO-NE, which s ...

Vancouver, British Columbia--(Newsfile Corp. - August 1, 2024) - Quantum Battery Metals Corp. (CSE: QBAT) (OTC Pink: BRVVF) (FSE: 23B0) ("Quantum" or the "Company"), is excited to unveil its comprehensive and strategic 2024 exploration program for the Kahuna Property, a pivotal advancement in our ongoing efforts to enhance and expand our cobalt assets. This well-orchestrated exploration initiative underscores Quantum's commitment to responsible resource development and the growing demand for critical batter ...

In particular, physical matter has both particle and wave-like qualities. Quantum computing exploits this behavior using specialized hardware. Moreover, unlike in classical computing where there are two states of information — in the form zeroes and ones — but in quantum computing, there are qubits that can assume the states of zeroes and ones, as well as both states simultaneously through superposition. Quantum Computing (QUBT) Moreover, QCi's Dirac systems make up the company's host of affordable quantum ...

Look at the chemicals industry, for example. It may even help make artificial intelligence far more efficient, especially as data storage and cloud computing needs grow dramatically. IonQ (IONQ) "After slipping from about $22 to a recent low of about $7.30, IONQ caught strong support and is just starting to pivot from over-extensions on RSI, MACD and Williams' %R," I added. Also, according to Chief Executive Officer Peter Chapman, "One of the new things that we're doing this year is applying quantum to larg ...

Quantum computing is a burgeoning field in advanced computation technology that has the capabilities to outpace the computing prowess of generative artificial intelligence (AI). Generative AI came into the spotlight early last year with OpenAI's release of ChatGPT. Now swaths of companies are trying to leverage large language models (LLMs) to build their own generative AI tools or products. Though everyone now seems to be focused on artificial intelligence, quantum computing will likely bring about computat ...

● Quantum eMotion Selects Vantage Data Centers for Colocation Services Ahead of Commercialization July 22, 2024 9:00 AM EDT | Source: Quantum eMotion Corp. Montreal, Quebec--(Newsfile Corp. - July 22, 2024) - Quantum eMotion (TSXV: QNC) (OTCQB: QNCCF) (QeM) is pleased to announce the deployment of its Hardware Security Module (HSM) and related infrastructure to the Tier 4 Vantage Data Center in Montreal. This strategic move is in preparation for the company's upcoming commercial activities and to comply wit ...

Many of these quantum computing stocks trade at reasonable valuations. Now is a great time for investors to consider these options to grow their wealth. So here are three quantum computing stocks to consider. What's more, IBM's approach has changed significantly since the company decided to focus on the miniaturization of quantum chips and their increased accuracy rather than increasing the number of qubits. While quantum computing still has a long way to go before it is practically usable, it has the poten ...

In recent decades, researchers have plunged into the deepest depths of the sea and discovered the potential in chemical compounds that were previously considered unpromising in terms of practical applications. It may seem like there are no more areas in which a breakthrough can occur to stimulate economic development. However, investors with quantum sensing stocks in their portfolios know that this road leads to a bottomless bag of gold. The quantum sensors market grew to $149.03 million last year and is ex ...

Melbourne, Victoria, Australia--(Newsfile Corp. - July 17, 2024) - Besra Gold Inc. (ASX: BEZ) (Besra or the Company) refers to its ASX announcements dated 28 December 2023, wherein it advised that Quantum Metal Recovery Inc (Quantum) is to remit a further US$9,827,854.60 to Besra. Besra advises that despite Quantum's considerable efforts and confirmations that the US$9.8m will be remitted, unfortunately (as of today), Besra has not received these funds. As a consequence, both parties have agreed to terminat ...

I strongly feel that given the broad application base for quantum computing, there will be some quantum computing stocks that could be multi-baggers in the making. So here are seven companies for investors to consider. IonQ (IONQ) As of now the company is in its early commercial phase and has difficulties in generating profits and increasing its size, however, the recent achievements such as the 36-qubit system and the plans to create a 64-qubit one by 2025 are promising. Thus, IonQ has a solid cash balance ...