Core Viewpoint - Artificial intelligence (AI) is significantly transforming the global economy, with quantum computing poised to enhance AI capabilities by addressing complex challenges and analyzing large datasets beyond classical computers' reach [1]. Group 1: Rigetti Computing - Rigetti Computing is leveraging qubits to harness quantum physics principles, enabling parallel processing that surpasses traditional computers [4]. - The company's 84-qubit Ankaa-3 system, set to launch in Q1 2025, is expected to revolutionize various fields including machine learning and cryptography, contributing to a remarkable 937% stock return over the past year [6][8]. - Rigetti's modular design allows for the combination of multiple quantum processing units (QPUs), potentially making it more versatile for AI applications compared to D-Wave Quantum [7]. - Despite financial losses and limited sales, with Q1 revenue at $1.5 million, projections indicate revenue growth from $8.8 million in 2025 to $23 million in 2026, amidst a quantum computing market expected to reach $90 billion to $170 billion by 2040 [8][9]. Group 2: D-Wave Quantum - D-Wave Quantum has a commercial lead with Q1 revenue of $15 million, a 509% increase year-over-year, driven by the delivery of its "Advantage" quantum computer system [10]. - The company has 133 customers, including major firms like Mastercard and Accenture, benefiting from its quantum computing as-a-service (QCaaS) model [11]. - D-Wave's stock has surged by 1,184% over the past year, but it trades at a high price-to-sales (P/S) ratio of 173, indicating a premium valuation compared to competitors like Nvidia [12]. - Investors optimistic about D-Wave's future in computing and AI may justify its high valuation, anticipating further upside [13]. Group 3: Investment Considerations - D-Wave Quantum is viewed as the better AI stock due to its growth momentum, but its high valuation makes it a speculative investment [14].

Core Insights - Quantum Computing (QUBT) shares experienced a significant increase, rising 7.3% on Friday and reaching a peak of 9.8% earlier in the week, despite the S&P 500 and Nasdaq-100 declining by 2.5% and 2.2% respectively [1] - Positive news from other quantum companies contributed to the stock surge, following a profitable earnings report from Quantum Computing [1][2] - The quantum computing sector is benefiting from advancements in technology, with D-Wave launching its latest computer, Advantage2, and IonQ's CEO drawing parallels between his company and Nvidia, suggesting a bullish outlook for the industry [3] Industry Developments - The quantum computing technology is still in its early stages, and while there are promising developments, it remains years away from practical commercial applications [5] - The industry is characterized by a speculative investment environment, where positive news from any single company tends to uplift the entire sector [2][3] - Investors are encouraged to diversify their investments across multiple quantum companies due to the uncertainty surrounding which technologies and firms will ultimately succeed [6]

Group 1 - D-Wave Quantum Inc. (QBTS) has experienced a significant increase of 167% over the past month, with its share price nearing $20 compared to approximately $7 at the end of April [2] - The recent surge in D-Wave's stock price is attributed to the introduction of Advantage2, which has contributed an additional 30% increase since Tuesday [2]

Not for the first time in their relatively brief existences, quantum computing stocks shot well higher in value on Thursday. That wasn't due to any fresh innovation, discovery, or major business move. Rather, it seemed to have more to do with some grand pronouncements by a single quantum company executive. Nevertheless, as a writer, I can confirm that words have power, and these were powerful enough to lift the sector as a whole. Industry standard-bearers Quantum Computing (QUBT 14.52%), Rigetti Computing ( ...

Core Viewpoint - Besra Gold Inc. is addressing misleading information presented by Quantum Metal Bullion Pty Ltd, which includes unauthorized claims about the company's operations and management [1][2][3]. Company Operations - The unauthorized presentation falsely claims that Besra has ongoing mining operations and significantly overstates the quantity of gold reserves, stating "Proven Gold Reserves" that are not accurate [3]. - Besra has established a JORC compliant mineral resource of approximately 13.5 million tonnes at 1.7 g/t Au for 721,000 ounces of gold in the Jugan Gold Project and approximately 57 million tonnes at 1.4 g/t Au for 2.6 million ounces of gold in the Bau Project [4]. Management and Governance - Dato Lim Khong Soon, a director of Besra, has been associated with the unauthorized presentation, leading to the company's decision to call a special meeting to remove him as a director [10][11]. - The company has made efforts to prevent unauthorized statements from Quantum Metal, but these efforts have not stopped the dissemination of misleading information [9]. Investor Communication - Besra emphasizes that it has not authorized any offers related to a "gold contract note device" or any bonus share offers linked to Quantum Metal [5][8]. - The company advises shareholders and investors to disregard the information presented by Quantum Metal regarding Besra and its operations [3][8].

Since last Friday, shares of D-Wave Quantum (QBTS 24.22%) have rocketed nearly 52%, as of 12:17 p.m. ET Thursday. Earlier this week, the company announced general availability of its sixth-generation Advantage2 quantum computing system.High praise for D-Wave's latest systemSeveral companies have been working to bring quantum computing to the masses. Quantum computing, or super computers, use quantum mechanics to solve complex equations and problems much faster than a typical computer, and even surpass the s ...

Core Insights - D-Wave Quantum Inc. is a leader in the commercial quantum computing sector, uniquely developing both specialized quantum annealing systems and gate-model quantum computers [1] - The company's stock has seen a significant increase, with a 1100% rise over the past year, prompting investors to evaluate whether this is driven by speculation or solid fundamentals [2][3] - Recent advancements, including the launch of the Advantage2™ quantum computer, have contributed to the company's stock performance and technological standing [4][5] Financial Performance - D-Wave reported record revenue of $15.0 million for Q1 fiscal 2025, a 509% year-over-year increase, largely due to the sale of the Advantage system [6] - The company achieved a GAAP gross profit of $13.9 million and narrowed its net loss to $5.4 million, improving from a loss of $17.3 million a year earlier [6] - Year-end bookings for fiscal 2024 exceeded $23 million, a 120% increase over 2023, with Q4 bookings reaching at least $18 million, a 500% year-over-year increase [10] Technological Advancements - The Advantage2™ quantum computer features a 40% increase in energy scale and a 75% reduction in noise compared to its predecessor, enabling it to solve larger and more complex computational problems [4][5] - A peer-reviewed paper published in the journal Science validated D-Wave's quantum computational supremacy, showcasing its ability to solve a complex problem in minutes that would take classical supercomputers nearly a million years [8] Commercial Expansion - D-Wave's technology is being utilized in real-world applications, such as a hybrid-quantum application deployed by Ford Otosan to enhance manufacturing processes [9] - Partnerships with companies like Staque are leveraging D-Wave's technology for optimizing autonomous agriculture vehicles [9] Market Position and Outlook - D-Wave's leadership position, strong cash reserves, and expanding commercial and scientific traction position it well for future growth [13] - The company aims to balance on-premise sales with growth in its Quantum Computing as a Service (QCaaS) platform, anchored by the Advantage2 system [10] - Analysts have a Buy rating on D-Wave, but there are concerns about the path to sustained profitability and the integration of quantum solutions into enterprise workflows [11][12]

Core Viewpoint - BTQ Technologies Corp. has signed a Memorandum of Understanding (MOU) with Quandela SAS to explore the integration of quantum technologies into blockchain systems, specifically focusing on BTQ's Quantum Sampling Proof-of-Work (QSPoW) protocol, which aims to enhance energy efficiency and cryptographic security in blockchain validation [1][2][3] Group 1: Collaboration Details - The collaboration will investigate real-world applications of Quandela's photonic quantum computing platform and utilize its boson-sampling technology through the Perceval cloud platform [3][4] - BTQ and Quandela will analyze data performance in BTQ's QSPoW testnet and explore commercialization pathways based on the analysis outcomes [3][7] Group 2: Technology Overview - BTQ's QSPoW protocol replaces traditional Proof-of-Work systems by using boson sampling, which is more energy-efficient and secure against quantum threats [4][6] - The QSPoW protocol aims to create a quantum-safe store of value, addressing the vulnerabilities posed by quantum computing to digital assets like Bitcoin [4][6] Group 3: Future Prospects - Quandela will provide datasets for testing BTQ's QSPoW, including simulated quantum data and experimental results [7][8] - If performance benchmarks are met, the companies will explore commercialization opportunities, including the potential integration of Quandela's Belenos quantum processor into future blockchain systems [7][8]

Group 1 - The focus has shifted towards offshore drilling, supply industry, and shipping (tankers, containers, dry bulk) in addition to technology stocks [1] - The fuel cell industry is being monitored as it is still in its early stages of development [1] Group 2 - The individual has experience as an auditor at PricewaterhouseCoopers before transitioning to day trading nearly 20 years ago [2] - Successfully navigated significant market events such as the dotcom bubble, the aftermath of the World Trade Center attacks, and the subprime crisis [2]

Core Insights - D-Wave Quantum Inc. (NYSE: QBTS) has reported better-than-expected Q1 results, highlighting significant sales growth in its system revenues [1] Company Performance - The company has shown a notable increase in system revenues, indicating strong demand for its quantum computing solutions [1] Investment Perspective - D-Wave Quantum Inc. is positioned as a long-term investment opportunity, appealing to investors looking for growth, value, and dividend-paying stocks [1]