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Investors in Quantum Computing Inc. Should Contact The Gross Law Firm Before April 28, 2025 to Discuss Your Rights - QUBT
Prnewswire· 2025-03-03 10:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Quantum Computing Inc. (NASDAQ: QUBT) regarding a class action lawsuit due to alleged misleading statements and omissions made by the company during the class period from March 30, 2020, to January 15, 2025 [1]. Allegations - The complaint alleges that QCI overstated the capabilities of its quantum computing technologies, products, and services [1]. - It is claimed that QCI exaggerated the nature and scope of its relationship with NASA, including contracts and subcontracts [1]. - The company allegedly overstated its progress in developing a thin film lithium niobate (TFLN) foundry and the scale of its operations related to TFLN chips [1]. - QCI's business dealings with Quad M and millionways are said to qualify as related party transactions, which were not disclosed [1]. - The revenues of QCI were reportedly reliant on undisclosed related party transactions, which could negatively impact the company's business and reputation once revealed [1]. - The public statements made by QCI were deemed materially false and misleading throughout the relevant period [1]. Next Steps for Shareholders - Shareholders who purchased QUBT shares during the specified timeframe are encouraged to register for the class action by April 28, 2025 [2]. - Upon registration, shareholders will be enrolled in a portfolio monitoring software to receive updates on the case [2]. - Participation in the case incurs no cost or obligation for the shareholders [2]. About the Gross Law Firm - The Gross Law Firm is a nationally recognized class action law firm focused on protecting the rights of investors affected by deceit, fraud, and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3].
These 2 Artificial Intelligence Stocks Could Be the Best Buys in the Quantum Computing Revolution
The Motley Fool· 2025-03-01 23:06
Core Insights - Quantum computing stocks are gaining significant attention as a new frontier in AI technology [1][2] - Companies like Rigetti Computing, D-Wave Quantum, and IonQ have seen increased activity, but they were penny stocks less than a year ago [2] - Investors are encouraged to focus on established leaders in the AI market rather than speculative stocks [2] Company Analysis Alphabet - Alphabet operates major platforms like Google and YouTube, primarily generating revenue through advertising [4][5] - The company has invested in AI services and is exploring quantum computing, with its quantum chip, Willow, demonstrating remarkable computational capabilities [6][8] - Although quantum computing has limited current applications, Alphabet's established AI presence and financial strength position it well for future integration of quantum technologies [8][9] IBM - IBM has developed a series of quantum processors and offers a software platform called Qiskit aimed at quantum developers [10][11] - Qiskit enhances workflow efficiency and provides cloud-based infrastructure, positioning IBM uniquely in the quantum computing landscape [11][12] - The combination of IBM's hardware and software capabilities could enable significant scaling as the AI movement progresses [12]
1 Reason to Buy This Artificial Intelligence (AI) Quantum Computing Stock on the Dip
The Motley Fool· 2025-03-01 21:09
Core Viewpoint - The quantum computing and artificial intelligence sectors have seen significant valuation increases in 2024, but many companies experienced a share price correction in early 2025, presenting potential buying opportunities [1][2]. Company Overview - D-Wave Quantum Inc stands out in the quantum computing space due to its smaller market cap of $2 billion and its singular focus on quantum annealing, differentiating it from larger tech competitors who do not specialize solely in quantum computing [3][4]. Technology Focus - D-Wave specializes in quantum annealing, which is effective for solving discrete optimization problems, while larger tech firms are focusing on gate-based quantum computing, which is more versatile but may have longer-term potential [4][5]. Market Position and Potential - D-Wave's early entry into commercial markets and its focus on quantum annealing may provide it with a long-term advantage in the quantum computing industry, despite the uncertainty surrounding which technology will prevail [5][7]. Investment Rationale - The company is positioned for significant growth, with forecasts suggesting that quantum technologies could contribute an additional $1 trillion to global GDP by 2035, indicating a substantial market opportunity for D-Wave [6]. Investment Consideration - D-Wave stock is recommended for patient investors seeking high-risk, high-reward opportunities, as the company is still in the early stages of commercialization and faces competition from larger tech firms [6][8].
Interested in Quantum Computing Investing? Here Are 4 Fantastic Picks to Maximize Your Odds of Picking a Winner
The Motley Fool· 2025-03-01 11:45
The quantum computing arms race is starting to heat up, as multiple companies have announced breakthroughs in this important field. However, we're still way out from widespread commercially available quantum computing, so it's difficult to determine which companies are outright winning this race.Still, that doesn't mean investors need to ignore this important sector. Instead, investors can use a technique known as basket investing to give themselves the best opportunity to make a profit.Big tech companies h ...
If I Could Only Buy 1 Quantum Computing Stock, This Would Be It
The Motley Fool· 2025-02-28 14:30
This company has a big competitive advantage giving it the necessary staying power to win.Recent breakthroughs in artificial intelligence (AI) have powered massive returns for investors who bought into the biggest beneficiaries early. AI spending has propelled the entire stock market higher as investors expect it to unlock a ton of economic value. But the biggest winners of the current trend in artificial intelligence so far have been chipmakers like Nvidia.The next big breakthrough in technology could be q ...
Shareholder Alert: Robbins LLP Informs Investors of the Quantum Computing Inc. Class Action
Prnewswire· 2025-02-28 00:25
SAN DIEGO, Feb. 27, 2025 /PRNewswire/ -- Robbins LLP informs stockholders that a class action was filed on behalf of all persons or entities that purchased or otherwise acquired Quantum Computing Inc. (NASDAQ: QUBT) securities between March 30, 2020 and January 15, 2025. Quantum Computing (QCI) purportedly uses nonlinear quantum optics to deliver quantum products for high-performance computing applications. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350 ...
Amazon Debuts Chip It Aims to Scale Into Quantum Computer
PYMNTS.com· 2025-02-27 17:29
Amazon introduced its first quantum computing chip, following similar releases from Microsoft and Google.Nicknamed “Ocelot,” this quantum chip “represents an important step in developing efficient means to scaling up to practical, fault-tolerant quantum computers,” Amazon wrote in a company blog post Thursday (Feb. 27).“In the future, quantum chips built according to the Ocelot architecture could cost as little as one-fifth of current approaches, due to the drastically reduced number of resources required f ...
Why Quantum Computing Stock IonQ Dropped Today
The Motley Fool· 2025-02-27 16:56
Shares of quantum computing systems provider IonQ (IONQ -11.16%) tumbled 11% through 11 a.m. ET Thursday after the company reported a big earnings miss for Q4 last night.Heading into the report, analysts forecast IonQ would lose $0.12 per share on $10.3 million in revenue. IonQ reported better revenue than that -- $11.7 million -- but its losses were a staggering $0.93 per share. IonQ's big Q4 lossIonQ did its best to make bad results look good, emphasizing its $43.1 million in 2024 revenue (95% revenue gro ...
BTQ Technologies Awarded Mitacs Elevate Grant to Advance Cutting-Edge Quantum Simulation Research
Prnewswire· 2025-02-27 12:30
BTQ Technologies Partners with Mitacs: BTQ Technologies has been awarded a $158,000 Mitacs Elevate Postdoctoral Fellowship at the University of Toronto, supporting research on reducing resource requirements for quantum simulations to accelerate quantum computing advancements. Cutting-Edge Research in Quantum Algorithm Optimization: Led by Dr. Aleksei Uvarov and supervised by Professor Artur Izmaylov, the project will develop novel techniques, including LCU block encoding, tensor decomposition optimizations ...
QCI ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Quantum Computing, Inc. and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-02-27 02:00
Core Viewpoint - A class action lawsuit has been filed against Quantum Computing, Inc. (QCI) for allegedly making false and misleading statements regarding its technologies, relationships, and business dealings during the specified class period [1][3]. Summary by Relevant Sections Lawsuit Details - The lawsuit was filed in the United States District Court for the District of New Jersey on behalf of all individuals and entities who purchased QCI securities between March 30, 2020, and January 15, 2025 [1]. - Investors have until April 28, 2025, to apply to be appointed as lead plaintiff in the lawsuit [1]. Allegations Against QCI - Defendants are accused of overstating the capabilities of QCI's quantum computing technologies, products, and services [3]. - The lawsuit claims that QCI exaggerated its relationship with NASA, including the nature and scope of NASA-related contracts and subcontracts [3]. - Allegations include overstating progress in developing a TFLN foundry and the scale of the purported TFLN foundry, as well as orders for QCI's TFLN chips [3]. - QCI's business dealings with Quad M and millionways are claimed to qualify as related party transactions, which were not disclosed [3]. - The lawsuit suggests that QCI's revenues were partially reliant on undisclosed related party transactions [3]. - The revelations from the lawsuit are expected to have a significant negative impact on QCI's business and reputation [3]. - Overall, the public statements made by the defendants are claimed to have been materially false and misleading throughout the relevant period [3].