News Archives - Page 6 of 19 - BillionDollarClub

FridayAug 09, 2024 2:20 pm

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Releases Q2 2024 Financial Results Showing ‘Traction on All Fronts’

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, today announced financial results for the second quarter of fiscal 2024 (“Q2 2024”) ended June 30, 2024, and provided recent business and technical highlights. The company’s Q2 2024 revenue was $2.2 million, an increase of 28% from Q2 2023 revenue of $1.7 million, while Q2 2024 Bookings (*) were $2.7 million, a 6% increase from Q2 2023 Bookings of $2.5 million. According to the announcement, this represents D-Wave’s ninth consecutive quarter of year-over-year growth in quarterly Bookings. In addition, GAAP gross profit for Q2 2024…

WednesdayJul 31, 2024 2:02 pm

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Announces Date for Release of Q2 2024 Financial Results

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, will release its financial results for the second quarter of 2024 on Aug. 8, 2024, before the market opens. The financial report will cover the three and six month periods ended June 30, 2024. In addition, the company has scheduled a conference call on that same day. The call will begin at 8 a.m. ET. During the call, CEO Dr. Alan Baratz and CFO John Markovich will discuss the results and business outlook. Those wishing to access the call can dial 1-800-717-1738 (domestic) or 1-646-307-1865…

TuesdayJul 30, 2024 1:43 pm

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) to Bring New Quantum AI Solutions to Market

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the world’s first commercial supplier of quantum computers, announced that it is extending its product development roadmap to strengthen the connection between quantum optimization, artificial intelligence (AI) and machine learning (ML). According to the announcement, the company plans to make enhancements to its Leap™ quantum cloud service that will bring new Quantum AI solutions to market. These enhancements include support for quantum-enhanced and energy-efficient AI model training as well as integrating AI and optimization to address important customer use cases. The announcement noted that…

ThursdayJul 25, 2024 12:36 pm

BillionDollarBreaks – Lucid Group Inc. (NASDAQ: LCID) Inks Nonbinding Supply Agreement with American Producer of High-Grade Anode Materials

Lucid Group (NASDAQ: LCID), maker of the world's most-advanced electric vehicles, has entered into a nonbinding supply agreement with Graphite One Inc.(TSX.V: GPH) (OTCQX: GPHOF). The agreement is for anode active materials (“AAM”). According to the announcement, the agreement, which is initially for five years, is for 5,000 tpa once Graphite One commences production of synthetic graphite. Sales will be based on an agreed price formula tied to future market pricing that also acknowledges base-case pricing. Graphite One officials noted that the agreement helps the company develop its 100% U.S. domestic supply chain. “We are committed to accelerating the transition…

TuesdayJul 16, 2024 1:10 pm

BillionDollarBreaks – Lucid Group Inc. (NASDAQ: LCID) Updates to 2025 Lucid Air Pure, Other Models Symbolize ‘Relentless Approach’ to Optimization

Lucid Group (NASDAQ: LCID), maker of the world's most-advanced electric vehicles, is reporting updates for its 2025 model year. According to the announcement, the updates “further raise the bar, enabling a landmark five miles per kilowatt hour of energy and record 146 MPGe EPA rating for the Air Pure.” The company also noted that the heat pump, which was initially featured on the Lucid Sapphire, will be standard across the lineup, resulting in improved real-world range; LCID models will also feature a powerful new infotainment processor designed to provide improved user experience. With these updates, the 2025 Lucid Air Pure…

MondayJul 08, 2024 3:21 pm

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Expands Joint Commercial Partnership with Leading Provider of Generative AI Software Solutions

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the world’s first commercial supplier of quantum computers, is expanding its joint commercial partnership with Zapata Computing Holdings Inc. (NASDAQ: ZPTA) (“Zapata”), a leader in industrial generative artificial intelligence (“AI”) software solutions. According to the announcement, the extended partnership is designed to accelerate the development and delivery of integrated quantum and generative AI solutions in D‑Wave’s Leap™ cloud platform. The new agreement leverages Zapata’s proprietary Universal Generative AI software for rapid development and builds upon D-Wave’s Leap real‑time quantum cloud service to support quantum,…

FridayJun 28, 2024 10:34 am

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Hosts British Columbia Government Officials at Its Quantum Engineering Center of Excellence

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the world’s first commercial supplier of quantum computers, announced that Jagrup Brar, British Columbia (“B.C.”) Minister of State for Trade and Member of Legislative Assembly (“MLA”) for Surrey-Fleetwood, and Janet Routledge, B.C. Parliamentary Secretary for Labour and MLA for Burnaby North, toured the company’s Burnaby-based Quantum Engineering Center of Excellence. According to the announcement, the visit was intended to help inform the B.C. government officials about D-Wave’s latest quantum computing product developments and efforts to spur quantum adoption around the world. In conjunction with…

WednesdayJun 26, 2024 11:18 am

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Named Finalist for BC Tech Association’s GameChanger Ambition Award

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the world’s first commercial supplier of quantum computers, has been named as one of the finalists for the BC Tech Association’s GameChanger Ambition award. The company has been recognized in the category of Technology Impact Awards (“TIAs”). According to the announcement, the GameChanger Ambition award recognizes companies that utilize technology to tackle big problems, specifically acknowledging game-changers that “aren’t afraid to address big problems, lead from the front and use technology to build a better future.” Award winners will be announced at the…

TuesdayJun 25, 2024 12:53 pm

BillionDollarBreaks – Lucid Group Inc. (NASDAQ: LCID) Appoints Nick Twork to Oversee Global Communications Team

Lucid Group (NASDAQ: LCID), maker of the world’s most advanced electric vehicles, has announced the appointment of Nick Twork as its head of global communications. In the new role, Twork will oversee Lucid’s global communications team, which includes worldwide product, corporate, financial and internal communications, media relations and social media. Twork will assist Lucid’s world-class executive team support and amplify the company’s mission, working closely across all divisions internationally. “Nick has a rare blend of deep industry insight, emerging technology leadership, and a passion for our mission to decarbonize the transportation sector,” said Lucid CEO and CTO Peter Rawlinson. “I’m…

MondayJun 24, 2024 8:30 am

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Featured in The Stock2Me Podcast

D-Wave (NYSE: QBTS) is a leader in quantum computing systems, software and services focused on delivering customer value via practical quantum applications for problems within logistics, artificial intelligence, materials sciences, drug discovery, scheduling, fault detection and financial modeling. The company was featured in the latest episode of The Stock2Me Podcast. Murray Thom, vice president of quantum technology evangelism at D-Wave, joined the podcast to discuss highlights of the company’s Qubits Conference, which took place in Boston and virtually on June 17 and 18, 2024. “Qubits is the premier quantum computing event of the year. We have thousands of people who are watching online and…

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