BillionDollarBreaks Archive - Page 7 of 24

WednesdayFeb 19, 2025 10:25 am

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Announces Purchase of D-WaveTM Quantum Computer by Forschungszentrum Jülich

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”) and the Jülich Supercomputing Centre (“JSC”) at Forschungszentrum Jülich (“FZJ”) have announced that FZJ has purchased a D-Wave quantum computer, becoming the first high-performance computing (HPC) center in the world to own a D-Wave AdvantageTM annealing quantum computing system. With the purchase of the world's largest quantum computer and Europe's first quantum computer with more than 5,000 qubits and 15-way connectivity, the Jülich UNified Infrastructure for Quantum computing (JUNIQ), a public quantum computing user facility deployed by JSC, gains complete access to all aspects of the system. This will allow it to integrate the…

TuesdayFeb 18, 2025 9:35 am

BillionDollarBreaks – Hello Group Inc. (NASDAQ: MOMO) to Announce Q4 and Fiscal Year 2024 Results on March 12, 2025

Hello Group (NASDAQ: MOMO), a leading player in mainland China's online social networking space, has scheduled the release of its fourth quarter and fiscal year 2024 financial results for March 12, 2025. The company will host an earnings conference call at 8:00 a.m. U.S. Eastern Time (8:00 p.m. Beijing/Hong Kong Time) on the same day to discuss the results. As of February 18, 2025, Hello Group's stock is trading at $7.91, reflecting an increase of $0.08 (1.02%) from the previous close. The day's trading range has been between $7.83 and $8.30, with a 52-week range of $4.79 to $8.30. The…

TuesdayFeb 18, 2025 8:30 am

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Offers On-Premises Quantum Computing Systems for Research and Government Use

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”) announced that it is making its Advantage™ quantum computing systems available for purchase by research centers, academic institutions, and governments, enabling on-premises quantum experimentation and development. D-Wave expects the move, which is highlighted by Forschungszentrum Jülich’s recent acquisition of a D-Wave Advantage system, to drive advanced research and new discoveries in areas such as artificial intelligence (AI) and quantum simulation. The offering includes shipping, installation, calibration, ongoing maintenance, and assistance with local hybrid quantum solver setup. Additionally, D-Wave introduced the "Quantum Uplift" program, offering incentives for organizations dissatisfied with competitor quantum systems. To view the…

TuesdayFeb 11, 2025 11:45 am

BillionDollarBreaks – Apple Inc. (NASDAQ: AAPL) teams up with Alibaba (NYSE: BABA) to develop AI for China, eyes iPhone growth

Apple (NASDAQ:AAPL) has partnered with Alibaba Group Holding Ltd. (NYSE: BABA) to integrate artificial intelligence into its devices in China, aiming to boost iPhone sales in the region. The collaboration follows Apple’s evaluations of various Chinese AI providers, ultimately selecting Alibaba to co-develop AI features that have been submitted for regulatory approval. This move aligns with Apple’s strategy to strengthen its position in China’s competitive smartphone market. As of Feb. 11, Apple stock is trading at $231.87, up 1.85%, while Alibaba shares have risen 2.11% to $113.67. To view the full article, visit https://ibn.fm/jUQlp About Apple Inc. Apple Inc. designs, manufactures, and…

MondayFeb 10, 2025 8:30 am

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Launches ‘Quantum Realized’ Brand Campaign

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing, has launched Quantum Realized, an integrated brand campaign highlighting the commercial viability of its technology. The campaign kicked off with an open letter from CEO Dr. Alan Baratz in The Wall Street Journal, where he outlined benchmarks for evaluating quantum companies including processor performance, system availability and commercial usage. D-Wave believes that it meets all criteria. The ongoing branding initiative will span digital and print advertising, key events, and sponsorship of the International Year of Quantum Science and Technology. To view the full press release, visit https://ibn.fm/AFkTL About D-Wave…

ThursdayFeb 06, 2025 3:10 pm

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) to Host Qubits 2025 User Conference in Arizona

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”) announced that its Qubits 2025 quantum computing user conference will be held in Scottsdale, Arizona, from March 31 to April 1. Themed “Quantum Realized,” the event will feature presentations from industry leaders, customers, and D-Wave executives, highlighting real-world applications of D-Wave’s quantum computing technology. Speakers include representatives from IDC, Davidson Technologies, NTT DOCOMO, and SAS. D-Wave CEO Dr. Alan Baratz stated that the conference is a key opportunity to explore the impact of quantum and AI. The first day of the event will be livestreamed for remote attendees. To view the full press release,…

MondayJan 27, 2025 8:30 am

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Unveils Leap Quantum LaunchPad™ Program to Accelerate Adoption of Quantum Computing

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems and the world’s first commercial supplier of quantum computers, has launched the Leap Quantum LaunchPad™ program to advance quantum computing application deployment. The initiative offers a three-month free trial granting access to D-Wave's technology, including its Advantage™ quantum computers and Leap™ cloud service, along with expert technical guidance. Aimed at helping businesses tackle complex optimization challenges, the program supports rapid exploration, development, and production of quantum and hybrid-quantum applications. Chief Revenue Officer Lorenzo Martinelli highlighted the program’s potential to enable organizations to address critical problems with quantum technologies. Additionally,…

FridayJan 24, 2025 9:58 am

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Raises $150 Million in Equity Offering

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the first commercial provider of quantum computers, has completed its $150 million "at-the-market" equity offering program, selling shares at an average price of $6.10, a 3.7% premium over the volume-weighted average price during the sales period. The company currently has approximately $320 million in cash, which it will use for working capital and capital expenditures in support of D-Wave’s ongoing technical development efforts and business operations. CEO Dr. Alan Baratz stated that the company believes that the funds will provide the company with the…

TuesdayJan 14, 2025 7:30 am

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Refutes NVIDIA CEO’s Quantum Computing Comments on CNBC

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, announced that CEO Dr. Alan Baratz appeared on CNBC’s “The Exchange” on January 8th to address recent comments by NVIDIA CEO Jensen Huang regarding quantum computing’s readiness. Dr. Baratz clarified that D-Wave’s annealing quantum computing systems are already commercially available and solving real-world problems, unlike gate-model quantum computers, which may still face significant development timelines. He highlighted D-Wave’s success in optimization problems, such as materials simulations, and emphasized the company’s work with a multitude of customers that are using D-Wave technology today to solve complex…

MondayJan 13, 2025 10:50 am

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Projects Approximately 120% Growth in 2024 Bookings, Secures First Advantage™ System Customer Sale

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”) announced that fiscal 2024 bookings will exceed $23 million, an approximately 120% increase from 2023, and fiscal Q4 bookings reached at least $18 million, an approximately 500% rise from $3 million in Q4 2023 bookings. The company also secured its first customer purchase of a D-Wave Advantage annealing quantum computing system, the world’s largest quantum computer with over 5,000 qubits, marking a significant expansion in its revenue model by including on-premise system sales alongside its Leap™ quantum cloud service. D-Wave ended fiscal 2024 with a record approximately $178 million in cash. To view the…

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