AINewsBreaks Archive - Page 18 of 23

FridayDec 29, 2023 3:23 pm

AINewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Supports Near-Term Quantum Application Development Highlighted in Recently Signed NDAA

D-Wave (NYSE: QBTS), a leader in quantum computing systems, software and services and the world’s first commercial supplier of quantum computers, commends the U.S. government’s policy makers for including a quantum pilot program focused on near-term quantum computing applications in the National Defense Authorization Act (“NDAA”). The act was passed by Congress and signed into law by President Biden on December 22, 2023, establishing a program focused on near-term applications development to solve problems facing the Department of Defense (“DOD”) including the Armed Forces. “We applaud Congress and the Administration for taking this critical step to accelerate the use of…

WednesdayDec 27, 2023 2:18 pm

AINewsBreaks – Turbo Energy S.A. (NASDAQ: TURB) Announces Interim Results for Period Ended June 30, 2023, Transition in Management Structure

Turbo Energy (NASDAQ: TURB), the leading energy-saving technology company leveraging artificial intelligence software, today announced its unaudited interim financial results for the six months ended June 30, 2023. “The year 2023 has been a period in which the residential and industrial self-consumption photovoltaic sector has been affected by a variety of external factors that have led to a reduction in volumes,” Turbo Energy management commented on the results. “The company, however, remains very optimistic about the coming years. This optimism comes from the strong development in artificial intelligence product lines and software that Turbo Energy has done and is doing.…

WednesdayDec 20, 2023 12:34 pm

AINewsBreaks – AQUAE Unveiled at COP28; Brings Together Groundbreaking Blockchain, AI Platform and SDGs

AQUAE, a revolutionary ecosystem utilizing blockchain and artificial intelligence technologies, was launched at this year’s United Nations Climate Change Conference (“COP28”) event, which was held Nov. 30–Dec 12, 2023 in Dubai. The launch event, titled “Biodiversity Harmony in Action: AQUAE's Holistic Approach to Preservation, Sustainable Finance, and Collective Consciousness,” included a panel discussion and was organized by the Art of Living Foundation. Introducing an innovative ecosystem that not only advances sustainable development goals (“SDGs”), AQUAE is designed to be a key player in preserving biodiversity through the creation of bankable, insured digital sustainable-based assets of biodiversity credits. The platform features…

TuesdayDec 19, 2023 1:03 pm

AINewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Partners with VINCI Energies, QuantumBasel to Leverage Quantum Computing in HVAC Design Enhancement

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software and services, is involved in an innovative initiative using quantum computing to improve efficiency in the design of heating, ventilation and air-conditioning (“HVAC”) systems for complex buildings. D-Wave Wantum is joined by VINCI Energies and uptownBasel/QuantumBasel in the partnership, which has already successfully transformed the complex HVAC network-generation problem into a constrained quadratic model (“CQM”), potentially efficiently solvable by D-Wave's quantum-classical hybrid solvers. According to the announcement, this first phase of the project marks “a clear step away from traditional computational methods to a more innovative, quantum-classical hybrid approach.”…

MondayDec 11, 2023 12:45 pm

AINewsBreaks – Turbo Energy S.A. (NASDAQ: TURB) Announces Movistar’s Launch of GoSolar Solution

Turbo Energy (NASDAQ: TURB), a Valencia-based company specializing in photovoltaic energy storage solutions, today announced that Movistar has launched Turbo Energy’s GoSolar offering for sale this week through Movistar’s energy branch, Solar360. A telecommunications leader in Spain and Latin America, Movistar has been recognized as one of the world’s top 500 most valuable companies in the 2023 Global 500 rankings by Brand Finance. This highlights Movistar’s commitment to sustainability and innovation, aligning with Turbo Energy’s pursuit of cleaner and more efficient solutions in the field of photovoltaic generation. “It is very gratifying for us to see that Movistar, a leading…

FridayDec 08, 2023 12:20 pm

AINewsBreaks – Nextech3D.AI (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2) Unveils Boost Program for AI Digital Ads in Event Tech Platform Map

Nextech3D.AI (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), a generative artificial intelligence (“AI”)-powered 3D model supplier for Amazon, P&G, Kohls and other major e-commerce retailers, launched an exclusive Boost Program for AI digital ads in its mobile app for trade show and event organizers. According to the announcement, the company’s Map D platform currently supports some 500 events annually, with more than 50,000 exhibitors and one million-plus attendees. The new in-app AI ad network has the potential to generate up to $20 million in additional annual revenue for the company, with 80% margins up from the $1 million the platform currently generates.…

WednesdayDec 06, 2023 2:07 pm

AINewsBreaks – Nextech3D.ai (CSE: NTAR) (OTCQX: NEXCF) (FSE: EP2) Obtains Potentially Game-Changing AI Tool

Nextech3D.AI (CSE: NTAR) (OTCQX: NEXCF) (FSE: EP2), a generative AI-powered 3D model supplier for Amazon, P&G, Kohl’s and other major e-commerce retailers, today announced receipt of a new AI-tool from Amazon, its largest customer. According to the announcement, Nextech3D.AI is integrating the tool into its production pipeline to speed up the quality assessment (“QA”) for 3D models. “We are gratified and thrilled that Amazon has given us access to this AI quality assessment tool. I see this tool as a game changer for our 3D model production for Amazon,” said Nextech3D.ai CEO Evan Gappelberg. “This AI-powered technology will increase our…

ThursdayNov 16, 2023 12:38 pm

AINewsBreaks – AI Transportation Acquisition Corp. (NASDAQ: AITRU) Closes IPO

AI Transportation Acquisition Corp. (NASDAQ: AITRU) recently announced the closing of its initial public offering of 6,000,000 units at $10.00 per unit. According to the announcement, each unit consists of one ordinary share and one right to receive one-eighth (1/8) of one ordinary share upon consummation of an initial business combination. The underwriter was granted a 45-day option to purchase up to an additional 900,000 units offered by the company to cover over-allotments, if any. The company’s units began trading on the Nasdaq Capital Market under the ticker symbol AITRU on Nov. 9, 2023. Once the securities comprising the units…

WednesdayNov 15, 2023 1:40 pm

AINewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Announces Successful Quantum Error Mitigation Results in Advantage2(TM) Prototype

D-Wave (NYSE: QBTS) is a leader in quantum computing systems, software and services and the world’s first commercial supplier of quantum computers. The company has announced important research results that demonstrate successful Quantum Error Mitigation (“QEM”) in its Advantage2(TM) annealing quantum computing experimental prototype. According to the announcement, the techniques reduce errors in quantum simulations, producing results consistent with the quantum system maintaining its quantum state (“coherence”) for an order of magnitude longer time than an unmitigated system. D-Wave expects to leverage these techniques to drive performance advancements in the forthcoming Advantage2 system and future processors. “Errors represent the most significant…

TuesdayNov 14, 2023 3:03 pm

AINewsBreaks – IBN to Reach Investors Worldwide for ROTH MKM’s Upcoming New York Technology Conference

IBN (InvestorBrandNetwork), a leading corporate communications firm and content distributor, today announced that it will serve as media sponsor for ROTH MKM’s (“ROTH”) 12th Annual New York Technology Conference. The premier event is slated to take place at The Yale Club in New York City on Nov. 15, 2023. Set to bring together invited investors and c-suite executives from analyst-selected public technology companies, the conference will provide an exceptional platform for engaging in meaningful conversations and fostering enduring professional relationships. As the official media sponsor, IBN will deploy its comprehensive corporate communications solutions to enhance the conference’s visibility and expand…

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