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MicroCloud Hologram Inc. Develops Nonlinear Quantum Optimization Technology Based on Efficient Model Encoding
Globenewswire· 2025-05-12 12:00
SHENZHEN, China, May 12, 2025 (GLOBE NEWSWIRE) -- MicroCloud Hologram Inc. (NASDAQ: HOLO), (“HOLO” or the "Company"), a technology service provider, announced the development of a groundbreaking nonlinear quantum optimization algorithm based on efficient model encoding technology. This algorithm significantly enhances computational efficiency while reducing the consumption of quantum resources. This innovation not only addresses the key bottlenecks of current quantum optimization methods but also demonstrat ...
Should You Buy, Hold, or Sell RGTI Stock Before Q1 Earnings?
ZACKS· 2025-05-09 20:00
Rigetti Computing (RGTI) is set to report first-quarter 2025 results on May 12.The Zacks Consensus Estimate for first-quarter revenues is currently pegged at $2.46 million, indicating a decline of 19.34% year over year. The consensus mark for earnings is currently pegged at a loss of 5 cents per share, unchanged over the past 30 days. The company reported a loss of 14 cents in the year-ago quarter.RGTI earnings beat the Zacks Consensus Estimate once in the past four quarters while matching the same on two o ...
Rigetti Computing (RGTI) FY Conference Transcript
2025-05-09 18:30
Summary of Rigetti Computing Conference Call Company Overview - Rigetti Computing is a pioneer in full-stack quantum computing, operating superconducting quantum computers since 2017 through a cloud services platform and selling on-premise quantum computers since 2021 [2][8] - The company developed the first multichip processor in the industry and manufactures superconducting quantum processing units (QPUs) in-house at a dedicated facility [2] Core Industry Insights - Quantum computing is an emerging technology that fundamentally differs from classical computing by using qubits instead of bits, allowing for exponential computing capabilities and lower energy consumption [5][6] - Rigetti focuses on gate-based quantum computing, which is expected to dominate the industry, while acknowledging niche applications for other modalities like annealing [12][14] Technological Advantages - The advantages of superconducting technology include scalability and gate speed, with Rigetti's gate speeds comparable to current CPU and GPU technologies [16][17] - Recent advancements have improved two-qubit gate fidelity to 99.5%, with a target of reaching 99.8% to enable commercial applications [24][25] Roadmap and Future Goals - Rigetti aims to demonstrate a quantum computer with over 100 qubits and maintain high fidelity in 2024, with plans to increase qubit count and fidelity in subsequent years [27] - The company is pursuing a modular chiplet architecture to facilitate scaling, which has shown promising results in initial deployments [28][34] Quantum Networking and Error Correction - Rigetti believes in a hybrid computing model where quantum computers coexist with classical systems, rather than requiring a separate quantum network [41][42] - The company is collaborating with Riverlane to develop real-time error correction codes, which are critical for future quantum computing applications [46][51] Strategic Partnerships - Rigetti has formed a strategic partnership with Quanta Computer, which includes a $35 million investment and a commitment of $250 million over five years for non-quantum hardware development [82][86] - This partnership is aimed at enhancing Rigetti's manufacturing capabilities and reducing R&D costs as the business scales [85] Government Funding and Legislative Updates - The National Quantum Computing Act is pending reauthorization, which is crucial for long-term funding and support for quantum initiatives [90][92] - Rigetti has secured funding from DARPA and the Air Force Research Lab, indicating strong government interest in quantum technologies [93] Conclusion - Rigetti Computing is positioned at the forefront of quantum computing technology, focusing on scalability, fidelity, and strategic partnerships to drive future growth and commercialization [95]
AI Stocks Retreat, but the AI Revolution is Firmly Intact
ZACKS· 2025-05-09 18:15
AI Growth is Still in the Early Innings…According to a report by Bloomberg Intelligence, “The generative AI market is poised to explode, growing to $1.3 trillion over the next 10 years from a market size of just $40 billion in 2022. Growth could expand at a CAGR (Compound Annual Growth Rate) of 42%, driven by training infrastructure in the near-term and gradually shifting to inference devices for large language models, digital ads, specialized software and services in the medium to long term.” In other word ...
D-Wave's Quantum Momentum Impresses Analyst, Sees Stronger Commercial Uptake Ahead
Benzinga· 2025-05-09 18:15
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].
How Amazon plans to catch Google and Microsoft in the quantum computing race
CNBC· 2025-05-09 13:00
Core Insights - Amazon has entered the quantum computing sector with the announcement of its quantum chip, Ocelot, joining competitors like Google and Microsoft in the cloud computing race [1][2] Company Overview - Amazon Web Services (AWS) has evolved into a significant business, generating over $100 billion, and is a crucial factor in Amazon's valuation exceeding $2 trillion [2] - The company views quantum computing as a major growth area for its cloud services [2] Quantum Computing Potential - There is a strong business rationale for AWS to engage in quantum computing, as it aligns with the model of providing off-premise quantum resources via the cloud [3] - McKinsey estimates that the quantum computing market could reach $173 billion by 2040, indicating substantial future potential [3] Applications and Opportunities - Quantum computing could enhance AWS's capabilities in solving complex problems, such as drug discovery and cybersecurity, allowing for premium pricing [4] - The Ocelot quantum processor, designed and fabricated in-house, features a scalable architecture that reduces error correction needs by up to 90%, addressing a significant challenge in quantum machine development [5] Technical Innovations - Ocelot utilizes "cat qubits," which are designed to suppress specific error types, minimizing the resources needed for quantum error correction [6] - The differentiation of quantum hardware platforms lies in the design and functionality of the quantum processors, which is where the intellectual property resides [6] Market Positioning - The expectation is that quantum computing will be monetized through major cloud platforms, with AWS positioned favorably for success in this emerging market [7]
D-Wave Quantum(QBTS)收盘上涨51.23%,创2023年5月份以来最佳单日表现,并领跑一众量子计算概念股。最新业绩报告显示,该公司一季度调整后每股亏损0.02美元,分析师预期亏损0.039美元。一季度营收0.15亿美元,分析师预期0.105亿美元。一季度调整后EBITDA亏损0.061亿美元,分析师预期亏损0.0945亿美元。
news flash· 2025-05-08 20:08
D-Wave Quantum(QBTS)收盘上涨51.23%,创2023年5月份以来最佳单日表现,并领跑一众量子计算 概念股。 一季度调整后EBITDA亏损0.061亿美元,分析师预期亏损0.0945亿美元。 | | 当前价 ◆ | 涨跌幅 ◆ | 成交量 ÷ | 总市值 $ 年初至今 ◆ | | C | | --- | --- | --- | --- | --- | --- | --- | | D-Wave Qu ... | 10.42 | +3.53 (+51.23%) | 2.25亿股 | | 30.36亿 +24.05% | ( ) *** | | us QBTS | 10.34 | -0.08 (-0.77%) 盘后 | | | | | | Quantum Co ... | 8.44 | +1.36 (+19.21%) 2506.58万股 | | 11.58亿 | -49.00% | == | | us QUBT | 8.41 | -0.03 (-0.36%) 盘后 | | | | | | Rigetti Com ... | 10.31 | +1.06 (+11.46%) 7027.51万股 | | ...
D-Wave Quantum (QBTS) - 2025 Q1 - Earnings Call Transcript
2025-05-08 13:00
D-Wave Quantum (QBTS) Q1 2025 Earnings Call May 08, 2025 08:00 AM ET Speaker0 Good morning, everyone, and welcome to D Wave's First Quarter of Fiscal Year twenty twenty five Earnings Conference Call. Today's call is being recorded. At this time, I'd like to turn the floor over to Kevin Hunt of Investor Relations. Please go ahead. Speaker1 Thank you, and good morning. With me today are Doctor. Alan Barris, our Chief Executive Officer and John Hakavich, our Chief Financial Officer. Before we begin, I'd like t ...
ZenaTech's ZenaDrone Tests Proprietary Camera Enabling IQ Nano Drone Swarms for US Defense Applications and Blue UAS Submission
GlobeNewswire News Room· 2025-05-08 12:15
VANCOUVER, British Columbia, May 08, 2025 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a technology company specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces that its subsidiary ZenaDrone is testing a new proprietary specialized camera that enables more efficient indoor applications such as inventory and security management, when utilizing IQ Nano drone swarms for commercial an ...
NATO Taps Palantir, Disruptive Start-Ups To Maintain Battlefield Edge
Benzinga· 2025-05-08 11:36
The North Atlantic Treaty Organization (NATO) has started integrating Artificial Intelligence (AI) systems into its strategic command structure as the alliance prepares for the future of war. It is doing this with disruptive tech companies.AI systems will help the 32-member alliance maintain its technological dominance over its adversaries, NATO said in response to emailed questions. NATO is "actively" seeking "partnerships" with the private sector to develop emerging and disruptive technologies, NATO exper ...