D-Wave

AI Supercomputing Market Growing at +21% CAGR as Industries Evolve Data Analysis

Retrieved on: 
月曜日, 4月 29, 2024

VANCOUVER, BC, April 29, 2024 /PRNewswire/ -- USA News Group News Commentary – Numerous industries are making the shift towards using Artificial Intelligence (AI) supercomputers in leveraging powerful computing systems to address complex challenges, and analyze massive datasets. According to analysts at Markets and Markets the AI supercomputer market is projected to grow at a CAGR of 22% through 2028 to a value of US$3.3 billion. This high level of growth is echoed by analysts at Technavio, who are projecting nearly 21% growth through 2027, however, they are seeing the overall supercomputer market much higher, growing by US$17.6 billion along the way. Several international groups are with massive investments in the billions to evolve their operations to include AI supercomputing, including in Denmark, the UK, Japan, the UAE and the USA. Powering this shift behind the scenes are several tech developers, who this week have been updating the market with their current developments, including: Avant Technologies Inc. (OTC: AVAI), NVIDIA Corporation (NASDAQ: NVDA), Microsoft Corporation (NASDAQ: MSFT), D-Wave Quantum Inc. (NYSE: QBTS), and Rigetti Computing, Inc. (NASDAQ: RGTI, RGITW).

Key Points: 
  • According to analysts at Markets and Markets the AI supercomputer market is projected to grow at a CAGR of 22% through 2028 to a value of US$3.3 billion.
  • Several international groups are with massive investments in the billions to evolve their operations to include AI supercomputing, including in Denmark , the UK , Japan , the UAE and the USA .
  • As well, the Council of the European Union filed a proposal for the regulation of harmonized rules on AI in the EU.
  • Accelerated AI Processing: Utilizes cutting-edge distributed computing to dramatically reduce data processing times, enabling rapid iteration and deployment of AI models.

AI Supercomputing Market Growing at +21% CAGR as Industries Evolve Data Analysis

Retrieved on: 
月曜日, 4月 29, 2024

VANCOUVER, BC, April 29, 2024 /PRNewswire/ -- USA News Group News Commentary – Numerous industries are making the shift towards using Artificial Intelligence (AI) supercomputers in leveraging powerful computing systems to address complex challenges, and analyze massive datasets. According to analysts at Markets and Markets the AI supercomputer market is projected to grow at a CAGR of 22% through 2028 to a value of US$3.3 billion. This high level of growth is echoed by analysts at Technavio, who are projecting nearly 21% growth through 2027, however, they are seeing the overall supercomputer market much higher, growing by US$17.6 billion along the way. Several international groups are with massive investments in the billions to evolve their operations to include AI supercomputing, including in Denmark, the UK, Japan, the UAE and the USA. Powering this shift behind the scenes are several tech developers, who this week have been updating the market with their current developments, including: Avant Technologies Inc. (OTC: AVAI), NVIDIA Corporation (NASDAQ: NVDA), Microsoft Corporation (NASDAQ: MSFT), D-Wave Quantum Inc. (NYSE: QBTS), and Rigetti Computing, Inc. (NASDAQ: RGTI, RGITW).

Key Points: 
  • According to analysts at Markets and Markets the AI supercomputer market is projected to grow at a CAGR of 22% through 2028 to a value of US$3.3 billion.
  • Several international groups are with massive investments in the billions to evolve their operations to include AI supercomputing, including in Denmark , the UK , Japan , the UAE and the USA .
  • As well, the Council of the European Union filed a proposal for the regulation of harmonized rules on AI in the EU.
  • Accelerated AI Processing: Utilizes cutting-edge distributed computing to dramatically reduce data processing times, enabling rapid iteration and deployment of AI models.

D-Wave Quantum Inc. Announces Date for First Quarter Fiscal Year 2024 Earnings Call

Retrieved on: 
月曜日, 4月 29, 2024

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, today announced it will release its financial results for the first quarter of fiscal year 2024 ended March 31, 2024 on Monday, May 13 before market open.

Key Points: 
  • D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, today announced it will release its financial results for the first quarter of fiscal year 2024 ended March 31, 2024 on Monday, May 13 before market open.
  • The press release will be available on the D-Wave Investor Relations website: https://ir.dwavesys.com/ .
  • In conjunction with this announcement, D-Wave will host a conference call on Monday, May 13, 2024, at 8:00 a.m. (Eastern Time), to discuss the Company’s financial results and business outlook.
  • The conference ID is “D-Wave.” Participating in the call will be Chief Executive Officer Dr. Alan Baratz and Chief Financial Officer John Markovich.

D-Wave Introduces New Fast Anneal Feature, Extending Quantum Computing Performance Gains

Retrieved on: 
木曜日, 4月 18, 2024

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today launched the fast-anneal feature, available on all of D-Wave’s quantum processing units (QPUs) in the Leap™ real-time quantum cloud service.

Key Points: 
  • D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today launched the fast-anneal feature, available on all of D-Wave’s quantum processing units (QPUs) in the Leap™ real-time quantum cloud service.
  • With this feature now widely accessible, users can perform quantum computations at unprecedented speeds, greatly reducing the impact of external disturbances such as thermal fluctuations and noise that often hinder quantum calculations.
  • Heightened coherence and reduced environmental interference will open avenues in quantum sciences,” said Alejandro Lopez-Bezanilla with Los Alamos National Laboratory.
  • With increased quantum coherence, we can finally achieve precise observations of quantum phenomena, previously only accessible in theory but now within reach of experimental validation.”

AI Supercomputing Market Growing at +21% CAGR as Industries Evolve Data Analysis

Retrieved on: 
火曜日, 4月 23, 2024

VANCOUVER, BC, April 23, 2024 /PRNewswire/ -- USA News Group News Commentary – Numerous industries are making the shift towards using Artificial Intelligence (AI) supercomputers in leveraging powerful computing systems to address complex challenges, and analyze massive datasets. According to analysts at Markets and Markets the AI supercomputer market is projected to grow at a CAGR of 22% through 2028 to a value of US$3.3 billion. This high level of growth is echoed by analysts at Technavio, who are projecting nearly 21% growth through 2027, however, they are seeing the overall supercomputer market much higher, growing by US$17.6 billion along the way. Several international groups are with massive investments in the billions to evolve their operations to include AI supercomputing, including in Denmark, the UK, Japan, the UAE and the USA. Powering this shift behind the scenes are several tech developers, who this week have been updating the market with their current developments, including: Avant Technologies Inc. (OTC: AVAI), NVIDIA Corporation (NASDAQ: NVDA) (NEO: NVDA), Microsoft Corporation (NASDAQ: MSFT) (NEO: MSFT), D-Wave Quantum Inc. (NYSE: QBTS), and Rigetti Computing, Inc. (NASDAQ: RGTI, RGITW).

Key Points: 
  • According to analysts at Markets and Markets the AI supercomputer market is projected to grow at a CAGR of 22% through 2028 to a value of US$3.3 billion.
  • Several international groups are with massive investments in the billions to evolve their operations to include AI supercomputing, including in Denmark , the UK , Japan , the UAE and the USA .
  • As well, the Council of the European Union filed a proposal for the regulation of harmonized rules on AI in the EU.
  • Accelerated AI Processing: Utilizes cutting-edge distributed computing to dramatically reduce data processing times, enabling rapid iteration and deployment of AI models.

AI Supercomputing Market Growing at +21% CAGR as Industries Evolve Data Analysis

Retrieved on: 
火曜日, 4月 23, 2024

VANCOUVER, BC, April 23, 2024 /PRNewswire/ -- USA News Group News Commentary – Numerous industries are making the shift towards using Artificial Intelligence (AI) supercomputers in leveraging powerful computing systems to address complex challenges, and analyze massive datasets. According to analysts at Markets and Markets the AI supercomputer market is projected to grow at a CAGR of 22% through 2028 to a value of US$3.3 billion. This high level of growth is echoed by analysts at Technavio, who are projecting nearly 21% growth through 2027, however, they are seeing the overall supercomputer market much higher, growing by US$17.6 billion along the way. Several international groups are with massive investments in the billions to evolve their operations to include AI supercomputing, including in Denmark, the UK, Japan, the UAE and the USA. Powering this shift behind the scenes are several tech developers, who this week have been updating the market with their current developments, including: Avant Technologies Inc. (OTC: AVAI), NVIDIA Corporation (NASDAQ: NVDA) (NEO: NVDA), Microsoft Corporation (NASDAQ: MSFT) (NEO: MSFT), D-Wave Quantum Inc. (NYSE: QBTS), and Rigetti Computing, Inc. (NASDAQ: RGTI, RGITW).

Key Points: 
  • According to analysts at Markets and Markets the AI supercomputer market is projected to grow at a CAGR of 22% through 2028 to a value of US$3.3 billion.
  • Several international groups are with massive investments in the billions to evolve their operations to include AI supercomputing, including in Denmark , the UK , Japan , the UAE and the USA .
  • As well, the Council of the European Union filed a proposal for the regulation of harmonized rules on AI in the EU.
  • Accelerated AI Processing: Utilizes cutting-edge distributed computing to dramatically reduce data processing times, enabling rapid iteration and deployment of AI models.

D-Wave’s Qubits 2024 Quantum Computing Conference Announced for June 17-18 in Boston

Retrieved on: 
火曜日, 4月 9, 2024

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, today announced that its Qubits 2024 quantum computing conference will take place in Boston on June 17 and 18, 2024.

Key Points: 
  • 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, today announced that its Qubits 2024 quantum computing conference will take place in Boston on June 17 and 18, 2024.
  • Themed “Success, Powered by Quantum,” the conference will demonstrate how D-Wave, partners, and customers such as Momentum Worldwide (part of Interpublic Group), Los Alamos National Lab, Zapata AI and others are achieving tangible outcomes with D-Wave’s innovative annealing quantum computing technology.
  • It will be packed with demonstrations of new quantum solutions, product updates, the company’s latest scientific accomplishments, and customer applications, both in development and in production.
  • The latest advancements in D-Wave’s quantum technology and software, with expert guidance on how to quickly adopt quantum computing in the enterprise.

D-Wave Reports Fourth Quarter and Year-End 2023 Results

Retrieved on: 
木曜日, 3月 28, 2024

First quarter FY24 Bookings expected to be at least $4.3 million representing a minimum 36% growth over the fourth quarter of fiscal 2023, 47% growth over the first quarter of fiscal 2023 and representing the Company’s 8th consecutive quarter of year-over-year growth in quarterly Bookings.

Key Points: 
  • First quarter FY24 Bookings expected to be at least $4.3 million representing a minimum 36% growth over the fourth quarter of fiscal 2023, 47% growth over the first quarter of fiscal 2023 and representing the Company’s 8th consecutive quarter of year-over-year growth in quarterly Bookings.
  • Revenue: Revenue for the fourth quarter of fiscal 2023 was $2.9 million, an increase of $0.5 million, or 21%, from fiscal 2022 fourth quarter revenue of $2.4 million, and an increase of $0.3 million, or 13%, from the fiscal 2023 third quarter revenue of $2.6 million, representing D-Wave's third consecutive quarter of sequential quarter-to-quarter growth in revenue.
  • Bookings1: Bookings for the fourth quarter of fiscal 2023 were $3.1 million, an increase of $0.8 million, or 34%, from fiscal 2022 fourth quarter Bookings of $2.4 million, and an increase of $0.2 million, or 8%, from the fiscal 2023 third quarter Bookings of $2.9 million, representing D-Wave’s seventh consecutive quarter of year-over-year growth in quarterly Bookings.
  • Non-GAAP Gross Margin2: Non-GAAP gross margin for the fourth quarter of fiscal 2023 was 80.2%, an increase of 7.6% from the fiscal 2022 fourth quarter Non-GAAP gross margin of 72.6%, and an increase of 4.6% from the fiscal 2023 third quarter Non-GAAP gross margin of 75.6%.

D-Wave Bolsters Executive Leadership Team for Rapid Growth and Strategic Execution

Retrieved on: 
月曜日, 3月 18, 2024

D-Wave has also promoted Dr. Trevor Lanting to Chief Development Officer to lead its product innovation roadmap, spanning D-Wave’s full stack of quantum computing hardware and software solutions.

Key Points: 
  • D-Wave has also promoted Dr. Trevor Lanting to Chief Development Officer to lead its product innovation roadmap, spanning D-Wave’s full stack of quantum computing hardware and software solutions.
  • His expertise in devising innovative GTM strategies for optimization applications will help D-Wave effectively capitalize on the industry transition to the operational use of quantum computing.
  • In his new role as Chief Development Officer, Dr. Trevor Lanting's responsibilities now include D-Wave's product roadmap and initiatives to advance the science of quantum computing.
  • "This is a watershed moment as enterprise customers are starting to move quantum applications into production," said Dr. Alan Baratz, CEO of D-Wave.

D-Wave Quantum Inc. Announces Date for Fourth Quarter and Full Year Fiscal 2023 Earnings Call

Retrieved on: 
木曜日, 3月 14, 2024

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, today announced it will release its financial results for the fourth quarter and fiscal year 2023 ended December 31, 2023 on Thursday, March 28 before market open.

Key Points: 
  • D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, today announced it will release its financial results for the fourth quarter and fiscal year 2023 ended December 31, 2023 on Thursday, March 28 before market open.
  • The press release will be available on the D-Wave Investor Relations website: https://ir.dwavesys.com/ .
  • In conjunction with this announcement, D-Wave will host a conference call on Thursday, March 28, 2024, at 8:00 a.m. (Eastern Time), to discuss the Company’s financial results and business outlook.
  • Participating in the call will be Chief Executive Officer Alan Baratz and Chief Financial Officer John Markovich.