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WiMi Lays Out Variational Quantum Algorithms for Multidimensional Data Task Processing
Prnewswire· 2025-09-12 14:45
Core Insights - WiMi Hologram Cloud Inc. has announced a study on multidimensional pooling optimization techniques in variational quantum algorithms, introducing the Quantum Haar Transform (QHT) as a novel solution for multidimensional data pooling [1][4]. Group 1: Quantum Technology and Applications - The Quantum Haar Transform (QHT) maps multidimensional data to a quantum state space, enhancing the expression of local features while preserving the global structure of the data [2]. - Quantum partial measurement techniques allow for selective extraction of key information from quantum states, improving the pooling operation by retaining important feature information in a probabilistic form [2][3]. - Variational Quantum Algorithms (VQA) optimize parameters to ensure accurate pooling operations, maintaining computational efficiency and preserving locality and feature structure of the data [3][4]. Group 2: Advantages of Quantum Pooling Optimization - The multidimensional pooling optimization technology under the VQA framework addresses limitations of traditional pooling methods, leveraging quantum computing advantages for complex multidimensional data tasks [4]. - As quantum computing technology matures, this optimization technology is expected to demonstrate significant application potential across various fields, supporting the development of efficient quantum machine learning models [4]. Group 3: Company Overview - WiMi Hologram Cloud, Inc. specializes in holographic AR technologies, offering solutions in areas such as automotive HUD software, 3D holographic pulse LiDAR, and interactive holographic communication [5].
WiMi Turned an Annual Loss into a Significant Profit, with Cash Reserves Reaching a Record High
Newsfilter· 2025-04-22 13:00
Core Viewpoint - WiMi Hologram Cloud Inc. has successfully turned an annual loss into a significant profit, showcasing effective operational strategies and strong management, with cash reserves reaching a record high [1][2]. Financial Performance - The company reported a net loss of approximately RMB 510.4 million in 2023, which transformed into a net income of around RMB 103.3 million (USD 14.4 million) in 2024, indicating a remarkable turnaround [2]. - Cash and cash equivalents, along with short-term investments, increased by approximately RMB 1.14 billion, or 148.0%, from about RMB 773.9 million in 2023 to approximately RMB 1.92 billion (USD 266.9 million) in 2024, strengthening the company's financial position [3]. Strategic Positioning - The improved financial situation equips the company to pursue new development opportunities, invest in innovation research, and drive future business growth [3]. - WiMi Hologram Cloud Inc. focuses on various professional areas, including holographic AR automotive HUD software, 3D holographic pulse LiDAR, and holographic cloud software, among others [6].
WiMi Files Its Annual Report on Form 20-F
Prnewswire· 2025-04-22 12:00
Core Insights - WiMi Hologram Cloud Inc. has reported a significant financial turnaround, moving from a net loss of approximately RMB 510.4 million in 2023 to a net income of around RMB 103.3 million (USD 14.4 million) in 2024, indicating effective operational strategies and strong management [2] - The company experienced a substantial increase in cash and cash equivalents and short-term investments, rising by approximately RMB 1.14 billion, or 148.0%, from about RMB 773.9 million in 2023 to approximately RMB 1.92 billion (USD 266.9 million) in 2024, enhancing its financial position for future growth [3] Company Overview - WiMi Hologram Cloud Inc. is a leading provider of hologram augmented reality technology, focusing on various professional areas including automotive HUD software, 3D holographic pulse LiDAR, and holographic cloud software, among others [6]