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StanChart To Slash 7,000 Jobs In a Bid To Raise Profitability

Standard Chartered Bank is preparing for major changes as it works to improve profits and strengthen its future business operations. The London-based bank, commonly known as StanChart, recently announced plans to cut more than 7,000 jobs by 2030 while increasing its investment in technology, automation, and artificial intelligence. The bank said the job reductions are … Continue reading “StanChart To Slash 7,000 Jobs In a Bid To Raise Profitability”

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BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) and Department of Commerce Sign Letter of Intent for $100 Million in CHIPS and Science Act Funding to Accelerate U.S. Leadership in Quantum Computing

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), the only dual-platform quantum computing company providing both annealing and gate-model systems, software and services, has announced that it has signed a Letter of Intent (LOI) for $100 million of proposed funding under the U.S. CHIPS and Science Act, which is administered by the U.S. Department of Commerce. In … Continue reading “BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) and Department of Commerce Sign Letter of Intent for $100 Million in CHIPS and Science Act Funding to Accelerate U.S. Leadership in Quantum Computing”

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