AINewsBreaks Archive - Page 36 of 52

MondayFeb 10, 2025 8:30 am

AINewsBreaks – 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/A2QZM About D-Wave…

ThursdayFeb 06, 2025 12:50 pm

AINewsBreaks – Meta Platforms Inc. (NASDAQ: META) Boosts Investment in AI and Wearables

Meta (NASDAQ: META) is making significant strides in the tech industry by ramping up its investment in artificial intelligence and wearables. The company plans to increase its annual capital investment to between $60 billion and $65 billion by 2025. This strategic move aims to enhance creator tools within its ecosystem, which advertisers use to create marketing materials and run ad campaigns. Meta is also deploying more of its custom ASICs, known as MTIA, in its data centers. This initiative is designed to improve the total cost of ownership for its computing needs, demonstrating Meta’s commitment to embracing the higher costs…

WednesdayFeb 05, 2025 9:10 am

AINewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Announces Gold Resource Increase at Fox Complex’s Grey Fox Deposit

McEwen Mining (NYSE: MUX) (TSX: MUX) reported a significant increase in estimated gold resources at the Grey Fox deposit within its Fox Complex, compared to its 2021 estimate. The discovery cost was $14.46 per ounce, with mineralization located near the historically productive Porcupine-Destor fault. The increase is attributed to exploration drilling, a higher gold price assumption of $2,000 per ounce versus $1,725 in 2021, and a lower cut-off grade of 1.60 g/t gold. Chairman Rob McEwen stated that the expanded resources will support higher annual production and extended mine life. A complete resource update is expected in the coming weeks.…

MondayFeb 03, 2025 11:55 am

AINewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Reports Increased Gold Resources at Grey Fox Deposit

McEwen Mining (NYSE: MUX) (TSX: MUX) announced a significant increase in estimated gold resources at the Grey Fox deposit within its Fox Complex as of Dec. 31, 2024, compared to its 2021 estimate. The discovery cost averaged $14.46 per ounce, with new exploration drilling and higher gold prices contributing to the resource expansion. The updated resource estimate reflects a lower cut-off grade due to gold price adjustments from $1,750 to $2,000 per ounce. Chairman Rob McEwen stated that the expanded resources will support increased annual production and extended mine life. A full resource update is expected in the coming weeks.…

ThursdayJan 30, 2025 2:25 pm

AINewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Featured in New Video Series by Allan Barry Laboucan

McEwen Mining (NYSE: MUX) (TSX: MUX), an asset rich diversified gold and silver producer with a large exposure to copper through its McEwen Copper subsidiary, was recently featured in a new video series launched by Allan Barry Laboucan called “Insights into Drilling.” Allan has spent 30 years of his life watching drill results, drill programs, drill models and reasons for drilling. He sees it as the lifeblood of the mining business. In an email to subscribers introducing the first video of the series, he wrote, “McEwen Mining has catalysts from their world-class copper development project, strong improvement to their bottom…

ThursdayJan 30, 2025 1:40 pm

AINewsBreaks – Meta Platforms Inc. (NASDAQ: META) Surpasses Market Expectations with Strong Q4 Earnings

Meta (NASDAQ: META) is a leading technology company known for its popular social media platforms, Facebook and Instagram. The company recently reported its fourth-quarter earnings for 2024, surpassing market expectations. Meta achieved earnings per share (“EPS”) of $8.02, exceeding the analyst estimate of $6.76. The company’s revenue for the quarter reached $48.39 billion, surpassing the anticipated $46.99 billion. Meta’s strong performance is largely attributed to advancements in artificial intelligence (“AI”), which have significantly bolstered its core advertising business. The Family of Apps, which includes Facebook, Instagram, WhatsApp, and Messenger, generated total revenue of $47.3 billion, marking a year-over-year increase from…

MondayJan 27, 2025 1:28 pm

AINewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Positioned Amidst Growing Demand in AI Sector

McEwen Mining (NYSE: MUX) (TSX: MUX) is positioned to benefit from the surging demand for crucial minerals in the AI industry. A recent article highlights this opportunity demonstrated in strategic moves taken by Isreal and the U.S. “The government in Israel has set up a new office based at the Defense Ministry. This office will superintend over the development of technology focused on AI and autonomy. Dubbed the AI & Autonomy Administration, this team will operate under the auspices of the ministry’s defense research and development directorate. The directorate plays a crucial role in Israel’s military technology space,” the publication reads. “It should…

MondayJan 27, 2025 8:30 am

AINewsBreaks – 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,…

ThursdayJan 23, 2025 12:45 pm

AINewsBreaks – Meta Platforms Inc. (NASDAQ: META) Receives Interim Relief from India’s NCLAT

Meta (NASDAQ: META) is a leading technology company known for its social media platforms, including WhatsApp. Recently, Meta received interim relief from India’s National Company Law Appellate Tribunal (“NCLAT”), which has temporarily stayed a five-year ban imposed by the Competition Commission of India (“CCI”) on WhatsApp’s data-sharing practices. This decision offers Meta a temporary reprieve in its ongoing legal challenges related to data privacy in India. The relief from NCLAT comes at a time when META’s stock price is experiencing a slight increase. Currently priced at $625.07, the stock has seen a modest rise of 0.25%, or $1.57. This increase…

WednesdayJan 22, 2025 3:21 pm

AINewsBreaks – Adageis at Forefront of Shift to Value-Based Care

Adageis is structured to support providers during a transformation of the U.S. healthcare system, shifting from fee-for-service models to value-based care. The company’s unique offering of tools and solutions simplify the necessary moves, including AI-driven analytics and patient-focused care solutions. “This transition prioritizes quality outcomes over service volume but requires a dramatic overhaul of infrastructure, culture and operations. Adageis, a forward-thinking healthcare technology company, is at the forefront of this shift, with its focus on revolutionizing patient care through innovative value-based solutions,” reads a recent article. “Adageis has all the tools needed to support providers during this transformation. Its ProActive Care…

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