Meta is trying out its first chip created for training AI models, marking a key step toward reducing its dependence on third-party chipmakers. According to sources, the social media behemoth has begun a limited rollout of the chip and may increase production if testing proves successful.
D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, has announced its financial results for fourth quarter and year-end 2024, with a 128% year-over-year increase in bookings, reaching $23.9 million in bookings for the year ended December 31, 2024. The company also announced a consolidated cash balance that now exceeds $300 million.
Following the fourth-quarter print, MKM Roth said it is encouraged by D-Wave’s growing backlog and the opportunity to diversify into hardware sales beyond core QCaaS quantum cloud service.
I want to thank all of the folks who joined our Next 50X NVIDIA Call event earlier today. We covered a lot of ground, from NVIDIA Corporation’s (NVDA) upcoming Quantum Day (Q Day) event to the revolutionary shift quantum computing will bring to AI to the single stock I believe could deliver a 50X return – like NVIDIA did before the AI Revolution took off.
Jensen Huang will give a keynote speech at Nvidia's GTC conference next week. A keynote from Huang at CES earlier this year took Nvidia stock to highs.
D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave”) announced a breakthrough in quantum computing, demonstrating that its Advantage2 annealing quantum computer outperformed one of the world’s most powerful classical supercomputers in solving complex magnetic materials simulation problems.
D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services, today announced financial results for its fourth fiscal quarter and year ended December 31, 2024.
The S&P 500 and Nasdaq rose on Wednesday. The rally was fueled by a cooler-than-expected inflation report, which bolstered expectations for monetary easing.
The study found that D-Wave’s quantum computer performed the most complex simulation in minutes and with an accuracy that would take nearly one million years using one of the world’s most powerful supercomputers.
D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced a scientific breakthrough published in the esteemed journal Science, confirming that its annealing quantum computer outperformed one of the world’s most powerful classical supercomputers in solving complex magnetic materials simulation problems with relevance to materials discovery. The new landmark peer-reviewed paper, “Beyond-Classical Computation in Quantum Simulation,” validates this achievement as the world’s first and only demonstration of quantum computational supremacy on a useful problem.
D-Wave Quantum Inc. (NYSEQBTS) (“D-Wave”) is a leader in the development and delivery of quantum computing systems, software, and services. It is the world’s first commercial supplier of quantum computers, and the first company building both annealing and gate-model quantum computers. D-Wave’s mission is to help customers realize the value of quantum, today. Its 5,000+ qubit Advantage TM quantum computers, the world’s largest, are available on-premises or via the cloud, supported by 99.9% availability and uptime. More than 100 organizations trust D-Wave with their toughest computational challenges. With over 200 million problems submitted to its Advantage and Advantage2 TM systems to date, its customers apply D-Wave’s technology to address use cases spanning optimization, artificial intelligence, research and more.
Part of the entire Market being in flux is because it appears that the 'powers that be' are actively trying to devalue the US dollar. That's what China does, to improve its prices for exports and make it tougher on imports.
