Core Viewpoint - The article emphasizes the significant progress of China's supercomputing capabilities, transitioning from reliance on imported technology to achieving self-sufficiency and aiming for global influence in computing power [2][5][6]. Group 1: Historical Context - In the 1980s, China's high-performance computers were entirely dependent on imports, with strict controls from Western countries, which limited access and oversight [3]. - The term "glass house" symbolizes the frustration and limitations faced by Chinese engineers who could only observe their machines from a distance [3][4]. Group 2: Development and Achievements - Meng Xiangfei, a key figure in China's supercomputing development, joined the "Tianhe-1" project in 2009, which became the world's top supercomputer in 2010 due to its innovative architecture [5]. - The current generation of Chinese supercomputers is fully autonomous, with engineers able to directly interact with and optimize their systems without external constraints [5]. Group 3: Future Aspirations - Meng expresses a vision for the future where China's computing power will support various fields, including AI, quantum computing, and more, positioning it as a foundational resource for societal development [5][6]. - The goal is to expand China's supercomputing influence globally, exploring advanced areas like quantum computing and space computing, marking a shift from catching up to leading in the field [6].

RT Eli Ben-Sasson | Starknet.io (@EliBenSasson)I'm very excited to host the brilliant Prof. Scott Aaronson!If there's one person who can explain quantum computing (and other complex stuff) in a clear and eloquent way, it's him.Amazingly, this will be his first time doing a live podcast.We'll discuss quantum computing, what it's good for, the threats it may pose to crypto, and how close we really are to Q-day.What other interesting topics would you like us to cover?Send your questions, sign up, and join us! ...

Core Viewpoint - IonQ has engaged in a significant acquisition strategy, spending $2.5 billion over the past year, but the effectiveness and revenue contributions of these acquisitions are under scrutiny [4][5][14]. Acquisition Strategy - IonQ has acquired several companies, including Oxford Ionics, Capella Space, id Quantique, Lightsynq, and Qubitekk, with the aim of enhancing its product roadmap [4][5][12]. - The rationale behind these acquisitions varies, with some aimed at gaining technology expertise or customer bases rather than immediate revenue generation [13][14]. Financial Performance - Over the last 12 months, IonQ has generated $80 million in revenue, with growth attributed partly to its acquisition strategy [7]. - The revenue contributions from recent acquisitions have been limited, with only Capella Space and id Quantique reporting $9.6 million and $9.0 million, respectively [10][11]. Funding of Acquisitions - IonQ has primarily funded its acquisitions through stock issuance rather than cash, raising concerns about shareholder dilution [16][17]. - The total cash spent on acquisitions is only $80.4 million, indicating a reliance on stock to finance the majority of the $2.5 billion spent [16][17]. Market Reaction - Despite the significant spending on acquisitions, there is skepticism regarding the long-term benefits and the potential for further dilution of shares, which could impact investor sentiment [20][21].

Core Insights - Quantum stocks are gaining investor interest in 2025, particularly D-Wave Quantum (QBTS) and Quantum Computing, Inc. (QUBT), with D-Wave focusing on commercial quantum annealing systems and QUBT pursuing photonics-driven initiatives [1] D-Wave Quantum (QBTS) - D-Wave is experiencing rapid commercial adoption, highlighted by a €10 million contract for an Advantage2 system in Italy and deployments supporting U.S. defense work [2] - The customer base has expanded to over 100 revenue-generating clients, including major firms like BASF and SkyWater, demonstrating practical outcomes such as significant reductions in scheduling and emergency response times [3] - D-Wave's management emphasizes its production-ready quantum solutions, which are driving bookings and revenue momentum, distinguishing it from competitors still focused on research [4] - Financially, D-Wave's revenues doubled year-over-year to $3.7 million, with a GAAP gross margin of 71.4% and a cash balance of $836.2 million, up from $29.3 million the previous year [5][6] - Despite strong revenue growth, D-Wave reported a net loss of $140.8 million in the third quarter, primarily due to high operating costs and non-cash warrant charges [7] Quantum Computing, Inc. (QUBT) - QUBT's growth is driven by a strengthened balance sheet, raising over $1.5 billion in 2025, which supports its engineering and manufacturing plans [8][9] - The company is seeing increasing commercial momentum, with revenues growing to $384,000 in the third quarter, driven by R&D contracts and initial cloud access revenues [10] - However, QUBT faces challenges with rapidly rising operating expenses, which nearly doubled to $10.5 million in the third quarter, potentially widening operating losses if revenue growth does not keep pace [11] Performance Comparison - Over the past six months, D-Wave's shares have increased by 27.7%, outperforming QUBT's decline of 10.4% and the S&P 500's rally of 17.8% [12] - Analysts suggest a significant upside for both companies, with QBTS's average price target indicating a potential increase of 64.7% and QUBT's suggesting a 104% increase from their last closing prices [14][16] Conclusion - D-Wave is positioned as a stronger long-term investment opportunity due to its validated commercial progress and extensive customer base, while QUBT remains an early-stage player with substantial capital but still developing its commercialization path [18]

Core Insights - Alphabet Inc CEO Sundar Pichai indicated that the company's quantum program is at a pivotal moment, likening its potential to where AI was five years ago, suggesting significant advancements in the next five years [1][2] - Pichai emphasized that quantum computing represents a foundational leap in technology, with the potential to better simulate and understand nature, thus unlocking societal benefits [2] - The statement from Pichai provides a timeline for the commercialization of quantum technology, which could lead to increased investor interest and accumulation of quantum stocks before the market fully recognizes their potential [3][5] Quantum Industry Overview - The quantum computing sector is experiencing a resurgence, with Pichai's comments reigniting interest among traders who have been monitoring the space while AI has dominated headlines [2] - Publicly traded quantum companies have shown volatility, with some investors viewing current market conditions as opportunities for asymmetric setups [4] - Major players in the quantum space include IonQ Inc, D-Wave Quantum, Rigetti Computing Inc, Quantum Computing Inc, Honeywell International Inc, and IBM, each with unique approaches and market positions [7]

Investors are throwing money at quantum startups. Maybe they should be looking at a more venerable player that has a lot of practice building things. Read the full story: https://t.co/LzegwQanbC📸: Guerin Blask for Forbes https://t.co/DlTT7ZUdqZ ...

Core Insights - IBM is a mega-cap stock with a market capitalization of $284.6 billion, providing a wide range of integrated solutions and services in the IT sector [1][2] - The company has shown strong performance in the stock market, with a 37.9% year-to-date increase and a 32.5% rise over the past 52 weeks, significantly outperforming the Dow Jones Industrials Average [4] Financial Performance - In Q3, IBM reported an adjusted EPS of $2.65, exceeding Wall Street's expectations of $2.44, and revenue of $16.3 billion, surpassing the forecast of $16.1 billion [6] - Over the past three months, IBM stock gained 25%, while the Dow Jones Industrials Average only gained 4.4% during the same period [3] Market Position and Trends - IBM's advancements in quantum computing, particularly the 120-qubit Quantum Nighthawk processor, are expected to drive future growth, aiming for quantum advantage by 2026 and fault-tolerant computing by 2029 [5] - The demand for AI and automation solutions is contributing to IBM's growth, with software annual recurring revenue (ARR) increasing by 12.2%, and the AI business exceeding $9.5 billion [5] Stock Performance - Despite a recent slip of 6.7% from its 52-week high of $324.90, IBM has been trading above its 200-day moving average for the past year, indicating a bullish trend [3][4] - The stock has also been above its 50-day moving average since mid-September, further confirming its positive momentum [4]

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Core Insights - IBM Ventures is a $500 million venture fund primarily focused on AI and quantum computing, having made 23 investments in various innovative companies [1] - The investment strategy emphasizes business-to-business companies that align with IBM's ecosystem [2] - IBM aims for investments that are scalable, ready for partnerships, and utilize responsible AI, boasting a collaboration rate exceeding 90% with portfolio companies [3] Investment Criteria - Investments are evaluated based on three key areas: product capabilities, ecosystem partnership potential, and industry disruption [4] - IBM actively seeks products that it can utilize internally, exemplified by its AI-driven internal HR app, AskHR [5] Operational Efficiency - The internal adoption of AI tools is projected to save IBM $4.5 billion in operating expenses this year [6] Quantum Computing Focus - IBM's current focus in quantum computing is more on software and algorithms rather than hardware, with notable investments like QEDMA, which specializes in quantum error correction [7]

Core Insights - SEALSQ Corp (NASDAQ:LAES) is recognized as a leading investment opportunity in the quantum computing sector, with a reaffirmation of its FY 2025 revenue guidance and expectations for significant growth in 2026 [1][2] Revenue Guidance - The company has reaffirmed its FY 2025 revenue guidance to be between $17.5 million and $20.0 million, indicating a year-over-year growth of 59% to 82% [1] - Preliminary revenues for the first nine months of FY 2025 reached $9.9 million, reflecting a 41% year-over-year growth, with Q3 2025 alone contributing $5.1 million [2] Growth Drivers - The anticipated growth is supported by increased customer demand, the acquisition of IC'Alps, and the scaling of the post-quantum product roadmap [1] - The revenue growth year-to-date has been primarily driven by renewed demand for traditional SEALSQ products and the consolidation of two months of revenue from IC'Alps following its acquisition on August 4, 2025 [2] Industry Position - SEALSQ Corp is positioned as a leading innovator in post-quantum technology hardware and software solutions, although there are suggestions that certain AI stocks may present greater upside potential with less downside risk [3]