News Archives - BillionDollarClub

FridayMar 21, 2025 9:49 am

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Unveils Quantum-Powered Blockchain Architecture

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, has introduced a novel blockchain architecture that incorporates quantum computing techniques to enhance security and efficiency. The company’s new research paper, Blockchain with Proof of Quantum Work, details how a “proof of quantum” algorithm utilizes quantum computation to generate and validate blockchain hashes. D-Wave deployed this architecture across four of its cloud-based annealing quantum computers located in Canada and the U.S., marking the first instance of distributed quantum computing for blockchain. The research indicates that using quantum computation for hashing and proof of work could…

FridayMar 14, 2025 8:30 am

BillionDollarBreaks – D-Wave Reports Fourth Quarter and Year-End 2024 Results

D-Wave Quantum Inc. (NYSE: QBTS) (“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. "Every day D-Wave’s quantum technology is helping customers gain competitive advantages, discover new scientific breakthroughs, and fuel innovations that were previously unimaginable," said Dr. Alan Baratz, CEO of D-Wave. "Our mission is unwavering - to help organizations realize the benefits of quantum…

ThursdayMar 13, 2025 2:12 pm

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Achieves Quantum Supremacy in Useful, Real-World Problem

D-Wave Quantum Inc. (NYSE: QBTS) (“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. Published in Science, the study validates D-Wave’s achievement as the first quantum computational supremacy demonstration on a useful, real-world problem. The company’s technology solved a problem in minutes that would take the Frontier supercomputer at the Department of Energy’s Oak Ridge National Laboratory nearly one million years. The Advantage2 prototype quantum computer used in this study is now available to customers through D-Wave’s Leap™ cloud…

TuesdayMar 04, 2025 10:10 am

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) to Participate in Upcoming Investor Conferences

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”) announced it will be participating in several investor events this month. Specifically, the company will present at the B. Riley Virtual Quantum Computing Day on March 7, the Stifel Technology One-on-One Conference in New York on March 11, the ROTH Annual Conference in Dana Point on March 17-18, and the Craig-Hallum Virtual Quantum Computing Conference on March 24. Investors interested in attending can contact their respective sales representatives for registration and meeting scheduling. To view the full press release, visit https://ibn.fm/nOw3n About D-Wave Quantum Inc. D-Wave is a leader in the development and delivery…

FridayFeb 28, 2025 11:08 am

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) to Report Q4 and Fiscal Year 2024 Results on March 13

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”) announced it will release its fourth quarter and fiscal year 2024 financial results on March 13, 2025, before market open. The company will host a conference call at 8:00 a.m. ET to discuss the results and business outlook, featuring CEO Dr. Alan Baratz and CFO John Markovich. Investors can access the press release on D-Wave’s Investor Relations website. To view the full press release, visit https://ibn.fm/wr9fe About D-Wave Quantum Inc. D-Wave is a leader in the development and delivery of quantum computing systems, software, and services. We are the world’s first commercial supplier of…

ThursdayFeb 20, 2025 12:13 pm

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) and Staque Develop Hybrid-Quantum Solution for Autonomous Agricultural Vehicles

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”) and Staque recently announced a commercial hybrid-quantum application designed to optimize the movements of autonomous agricultural vehicles at scale. The solution, one of the first real-world quantum-powered applications in agriculture, aims to streamline agricultural operations for thousands of fields in real time. The hybrid-quantum application has demonstrated significant speed ups over classical approaches, achieved through D-Wave's hybrid quantum technologies. The application will be showcased at World Fira 2025 , the global event for agricultural robots in action, as well as at Qubits 2025, D-Wave’s annual user conference. To view the full press release, visit https://ibn.fm/Y4nlh About…

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…

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