AINewsWire Archives - Page 29 of 31

WednesdayFeb 07, 2024 1:30 pm

Microsoft Reveals Its AI is Seeing Deployment at Scale

Microsoft Corp. (NASDAQ: MSFT) saw an increase in its sales as 2023 came to a close, driven by growing demand for its artificial intelligence ("AI") tools. In a recent statement, the tech giant revealed that in the last quarter of 2023, revenues increased by 18% to surpass $60 billion. Overall, the company’s profits increased by 33% to hit $21.9 billion. The value of the multinational corporation has significantly grown these past couple of years, with the company recently claiming the top spot as the number one valuable publicly listed company. The news comes as companies in the tech space work…

FridayFeb 02, 2024 9:00 am

D-Wave Quantum Inc. (NYSE: QBTS) Adds Kirstjen Nielsen, Former Secretary of the U.S. Department of Homeland Security, to the Company’s Board of Directors

An internationally recognized expert on security issues, Secretary Nielsen brings a depth of knowledge and expertise on policy, strategy and operations She is steeped in emerging technologies, including artificial intelligence (“AI”) and quantum, and has advised technology companies of all sizes Her appointment to the company's board of directors highlights governments' rapidly accelerating interest and investment in today's quantum technology D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, and the world's first commercial supplier of quantum computers, recently announced the addition of Kirstjen Nielsen, former Secretary of the U.S. Department of Homeland Security, to the…

WednesdayJan 31, 2024 9:00 am

D-Wave Quantum Inc. (NYSE: QBTS) Announces Successful Completion of SOC 2 Type 2 Audit to Further Commitment to Data Security

D-Wave's completion of the SOC 2 Type 2 audit makes it the first full-stack quantum computing provider to achieve this compliance The company is deeply committed to data security as customers adopt the production use of its quantum computing solutions Going forward, D-Wave will perform annual SOC 2 Type 2 assessments, making the latest report available to current and potential clients upon completing a nondisclosure agreement D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, and the world's first commercial supplier of quantum computers, recently announced the successful completion of its SOC 2(R) Type 2 audit…

WednesdayJan 10, 2024 9:00 am

D-Wave Quantum Inc. (NYSE: QBTS) Collaborates on Quantum Proof-of-Concept Project to Further Sustainable Building Design

The collaboration by VINCI Energies/DIANE, uptownBasel/ QuantumBasel, and D-Wave is an important step in sustainable building design Quantum-hybrid solution identified stronger HVAC network designs, outperforming the existing data-driven method D-Wave showcases the real-life impact of quantum computing through its client success stories, demonstrating the power of practical quantum computing today A quantum proof of concept (“qPoC”) project has taken an important step in sustainable building design. The collaboration, spearheaded by VINCI Energies/DIANE, uptownBasel/QuantumBasel, and D-Wave Quantum (NYSE: QBTS) is focused on optimizing the design of heating, ventilation, and air conditioning (“HVAC”) systems for complex buildings (https://ibn.fm/V70wz). The project's first phase…

FridayJan 05, 2024 9:45 am

D-Wave Quantum Inc. (NYSE: QBTS) Commends and Supports U.S. Policymakers for the National Defense Authorization Act

National Defense Authorization Act (“NDAA”) signed into law on December 22, 2023 NDAA includes quantum pilot program dedicated to near-term quantum computing applications, which D-Wave has already been developing, and calls for consideration of all quantum technologies (annealing, hybrid and gate model) Legislation promotes cultivating and strengthening relationships between the Department of Defense, academic institutions, small enterprises, and unconventional defense contractors D-Wave Quantum (NYSE: QBTS), the world’s first commercial supplier of quantum computers, software, and services, commends U.S. policymakers for including a groundbreaking quantum pilot program, dedicated to near-term quantum computing applications, as part of the National Defense Authorization Act…

TuesdayDec 26, 2023 9:45 am

D-Wave Quantum Inc. (NYSE: QBTS) Demonstrates Powerful Quantum-Hybrid Applications Through New Customer Success Stories

D-Wave provides quantum computing systems, software, and services that deliver value to its customers via practical quantum applications Recent customer use cases include Pattison Food Group, Satispay, Davidson Technologies, Momentum Worldwide, and VINCI Energies Success reported using D-Wave technology in areas such as delivery scheduling, custom reward programs, defense applications and more D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, focused on delivering value to customers via practical quantum applications for problems such as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, and financial modeling, is providing real-world use cases of its quantum applications to…

MondayDec 04, 2023 11:15 am

D-Wave Quantum Inc. (NYSE: QBTS) Demonstrates Advances in Quantum Computing Through Quantum Error Mitigation and High-Coherence Fluxonium Qubits

D-Wave recently shared important research results demonstrating successful quantum error mitigation (“QEM”) in its Advantage2(TM) annealing quantum computing experimental prototype The company’s latest research focuses on zero-noise extrapolation, one of the most practical QEM techniques, maintaining the quantum state and reducing errors D-Wave has also made significant progress with high-coherence fluxonium qubits, setting new standards in quantum properties D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, and the world's first commercial supplier of quantum computers, recently shared important research results that demonstrate successful quantum error mitigation (“QEM”) in its Advantage2(TM) annealing quantum computing experimental prototype.…

MondayNov 27, 2023 9:45 am

D-Wave Quantum Inc. (NYSE: QBTS) Announces Third-Quarter Financial Highlights, Voices Support for Expanded National Quantum Initiative

D-Wave third-quarter revenue grew by 51% year-over-year D-Wave’s third quarter bookings increased by 53% year-over-year, representing the company’s sixth consecutive quarter of year-over-year booking growth, while the first three quarters bookings increased by 125% when compared to the year earlier period CEO Dr. Alan Baratz recently met with Members of Congress to urge them to support the reauthorization of the National Quantum Initiative and ensure that it was expanded to encompass all quantum computing technologies D-Wave Quantum (NYSE: QBTS), a leader in commercial quantum computing systems, software, and services, recently announced financial results for its fiscal third quarter, which ended…

FridayNov 17, 2023 9:45 am

D-Wave Quantum Inc. (NYSE: QBTS) Announces European Office, Signs Two-Year Contract Extension with QuantumBasel

D-Wave and QuantumBasel announced a two-year extension to the strategic agreement between the companies to accelerate quantum and quantum-hybrid application development in Europe D-Wave will open a European office on the QuantumBasel campus to establish an onsite presence supporting the companies’ joint efforts to fast-track the region’s commercialization of quantum computing D-Wave’s European customers include QuantumBasel, BBVA, Koç Holding, Satispay, Poznan Superconducting and Network Center, and Cineca D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, and QuantumBasel, Switzerland’s quantum innovation hub, recently announced a two-year extension…

TuesdayNov 07, 2023 9:00 am

D-Wave Quantum Inc. (NYSE: QBTS) Launches Telco-Focused Demo to Help Address Complex Computational Problems for Wireless Channel Decoding

D-Wave’s new open-source demonstration highlights how its Advantage(TM) quantum computing system can be used to tackle challenges in wireless channel decoding, a growing worldwide problem given the dramatic global growth in wireless connections Demonstration shows quantum computing’s ability to tackle challenges of this magnitude relative to classical computation Quantum and quantum-hybrid technologies offer value in helping network providers solve a variety of telco-related optimization problems D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software and services, and the world’s first commercial supplier of quantum computers, recently announced the launch of a new open-source demonstration that highlights how its…

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