What Could Affect NIO Inc. Stock in Short-Term

April 17, 2024 08:05:00

Chinese automotive company Nio Inc. (NYSE: NIO) has raised more than $5 billion in investor capital so far, and its stock is one of the most searched on Zacks.com. Despite these positive moves, Nio shares had a -20.1% return during the past four weeks compared to the +1.6% gain seen by the Zacks S&P 500 Composite. The Zacks Automotive–Foreign industry category where the company’s shares are listed also saw a 1.2% gain over the same period.

Although it didn’t pioneer the idea of battery swapping as an alternative to charging battery electric vehicles (BEVs), Chinese electric vehicle company Nio was the first major company to roll out battery swapping stations alongside regular charging stations. With more than 2,300 installed…

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BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

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A Peek into Lucid, the Startup Giving Tesla a Run for Its Money

April 15, 2024 08:05:00

Once dubbed the “Tesla killer,” electric vehicle start-up Lucid Motors (NASDAQ: LCID) was expected to push Tesla to the ropes and threaten the EV giant’s global supremacy. Lucid seduced investors with the idea of luxury electric cars that offered better performance than the Porsche Tycan, Maybach S-Class levels of ambience and more range than any other battery electric vehicle (BEV) on the globe.

With its headquarters expected to be in mid-California, Lucid’s main base of operations would be close enough to Meta to poach some of its top coding experts while providing the startup with great weather all year round. As Tesla was still headquartered in California at the time, Lucid would also be able to…

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BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

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Trust Point Increases Stake in Rivian Automotive

April 12, 2024 08:05:00

Trust Point Inc. recently increased its stake in Rivian Automotive Inc. (NASDAQ: RIVN), purchasing more than 10,478 shares of the auto manufacturer’s stock. The total value of the recently purchased shares stands at $246,000. Trust Point is one of several institutional investors and hedge funds that have made changes to their positions in Rivian Automotive.

During the third quarter, Vanguard Group Inc. increased its stake in the electric vehicle manufacturer by 0.6%. After buying the additional 408,677 shares, the investment company now owns 63,845,364 shares of Rivian, with a total value of worth…

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BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

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Analysts Are Confident About D-Wave Quantum, Raise Price Targets

April 10, 2024 08:05:00

D-Wave Quantum Inc. (NYSE: QBTS), a quantum computing company founded in 1999, recently recorded an upswing after seasoned market analysts Craig Hallum and Roth Mkm increased their price objectives for the company. Hallum adjusted his target to $2.50 from $1.75 with a buy recommendation while Mkm expressed optimism by increasing his price goal to $3 from $2.

The quantum computing company is earning more confidence from market experts as it takes bigger strides in the quantum computing domain. Its trading demonstrates a consistent upward trend with an opening stock price of $2.02. During the last 12 months, D-Wave Quantum has…

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NOTE TO INVESTORS: The latest news and updates relating to D-Wave Quantum Inc. (NYSE: QBTS) are available in the company’s newsroom at https://ibn.fm/QBTS

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Tesla Reveals Q1 Saw Record Deployments of Its Energy Storage Products

April 8, 2024 08:05:00

Earlier this week, Tesla Inc. (NASDAQ: TSLA) announced a huge milestone in its energy-storage deployment. In its statement, the automotive and clean energy company revealed that during the first quarter of this year, 4053 MWh of energy-storage products had been deployed. This represents the highest deployment made by the company in a quarter to date.

During the same period, the company produced more than 433,000 vehicles, with about 387,000 of them being delivered to…

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Fisker Courts Nissan for a Partnership, and Cash

April 3, 2024 08:05:00

Fisker Inc. (NYSE: FSR), an EV manufacturing firm based in the U.S., recently announced that it was in talks with Nissan. This comes a day after the firm’s CEO announced that they were involved in talks of capital infusion from another car manufacturer.

The CEO, Henrik Fisker, also gave a going-concern warning, which suggests stress in a market whose consumer demand seems to be dwindling while…

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BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

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Alibaba Cloud Announces Training Facility in Dubai

April 1, 2024 08:05:00

Earlier this week, Alibaba Group Holding Ltd. (NYSE: BABA) officially launched a training facility in Dubai. The training center, under the Alibaba Cloud umbrella, will operate as the digital technology and intelligence backbone of the multinational technology company,  which specializes in e-commerce, retail, internet and technology.

Alibaba Cloud is situated in Dubai Internet City, an international technology ecosystem that is part of TECOM Group’s portfolio of businesses in Dubai. TECOM’s other projects include Dubai International Academic City, Dubai Media City, Dubai Production City, Dubai Design District (d3), Dubai Knowledge Park, Dubai Studio City, Dubai Industrial City and Dubai Science Park.

On behalf of Dubai Internet City, xecutive VP Ammar Al Malik stated that training talent on advanced technologies and investing in upskilling would allow Dubai to remain competitive, innovative and agile.

Alibaba’s training center joins a community of more than 3,500 customers, including SMEs, Fortune 500s and start-ups. Since 2016, Alibaba Cloud has been providing cloud services to public institutions and local private companies in the United Arab Emirates and the wider region of the Middle East. Now, it will focus on offering support to the company’s ecosystem customers and partners by delivering workshops, certifications and training.

During the next five years, training center officials plan to train at least 5,000 individuals in the Africa and Middle East region. Thus far, the training center has trained more than 60,000 individuals globally, providing more than 300 offline and online certification courses, 250 hands-on laboratories with more than 300 global partners, as well as 16 kinds of professional certifications.

Alibaba Cloud has also entered into a strategic alliance with Alladin Cyber Security to carry out monthly training sessions on advanced technologies such as elastic computing, database management and artificial intelligence.

Alladin Cyber Security is engaged in the provision of security solutions and services.

Alibaba Cloud was launched in cooperation with the UAE Centennial 2071 Plan and the Dubai Economic Agenda D33, whose objective is to double the economy of Dubai in the next ten years. The company’s primary focus is to contribute to the formation of a knowledge-driven economy and the digital economic growth of Dubai.

Eric Wan, general manager of Alibaba Cloud Middle East, Turkiye and Africa, stated that this launch showcased the company’s continued investment and commitment to the Middle East and Africa region in helping businesses achieve success in the long-term while also transforming digitally. Wan noted that the company remained focused on growing with local partners and providing those partners with the latest artificial intelligence and cloud-computing technologies that would enable them to innovate and grow their businesses.

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JPMorgan Highly Bullish on Riot Platforms as Bitcoin Halving Looms

March 27, 2024 08:05:00


With the upcoming Bitcoin halving event fast approaching, JP Morgan is betting on vertically integrated Bitcoin mining company Riot Blockchain Inc. (NASDAQ: RIOT). This is good news for the Bitcoin infrastructure innovator as the platform and other companies in the segment such as Marathon Digital Holdings have trended downward for the past month.

JPMorgan’s highly bullish sentiment on Riot Platforms’ stocks is a good sign of its growth…

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NIO Inc to Unveil Mass Market Electric Vehicle in May

March 25, 2024 08:05:00


Nio Inc. (NYSE: NIO)
, a multinational automobile manufacturer based in China, recently revealed its plans to launch a mass-market electric vehicle. The company, which specializes in the design and development of high-end sedans and SUVs, wants to center its new brand on the wider consumer market, with a focus on families.

The new brand, dubbed Le Dao, is expected to launch in the second quarter with its first product launch in the third quarter. Large-scale deliveries are set to begin in the last quarter of the…

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BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

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D-Wave Expands Executive Team to Bolster Growth, Execution

March 22, 2024 08:50:00

Earlier this week, D-Wave Quantum Inc. (NYSE: QBTS) announced that it was making new appointments to its team to advance product innovation and growth strategy. The company, a leader in quantum computing systems, services and software, is the first commercial supplier of quantum computers globally.

The new appointments include Dr. Trevor Lanting’s promotion to chief development officer and Lorenzo Martinelli’s appointment as the firm’s chief revenue officer. As chief development officer, Lanting will be in charge of leading the conpany’s product innovation roadmap, which includes its full stack of…

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NOTE TO INVESTORS: The latest news and updates relating to D-Wave Quantum Inc. (NYSE: QBTS) are available in the company’s newsroom at https://ibn.fm/QBTS

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BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

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Mixed Investor Reactions as Lucid Motors Partners with NeueHouse

March 20, 2024 08:05:00

Last week, Lucid Motors (NASDAQ: LCID) announced that it had entered into a partnership agreement with NeueHouse, a company that offers private offices as well as collaborative workspace, meeting and event spaces. The partnership officially began on Feb. 23, 2024, at NeueHouse’s Madison Square 10×10 House Party. The American manufacturer of luxury electric vehicles saw its shares drop by 5% following the announcement, which may indicate rising concern among its investors.

Lucid’s first car, Lucid Air, is a state-of-the-art luxury sedan with a design inspired by…

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Fisker Courts Nissan for a Partnership, and Cash

March 18, 2024 08:05:00

Fisker Inc. (NYSE: FSR), an EV manufacturing firm based in the U.S., recently announced that it was in talks with Nissan. This comes a day after the firm’s CEO announced that they were involved in talks of capital infusion from another car manufacturer.

The CEO, Henrik Fisker, also gave a going-concern warning, which suggests stress in a market whose consumer demand seems to be dwindling while…

Read More>>

About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

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Coinbase’s Share Price Rises as Bitcoin Soars

March 15, 2024 08:05:00

Coinbase Global Inc. (NASDAQ: COIN)’s stock prices have gone up significantly amid a surge in Bitcoin prices and even surpassed the listing price set during Coinbase’s direct public offering in 2021. The rise in share prices represents a major turn for the better for a crypto exchange that has dealt with significant challenges since it joined the stock market.

Coinbase share prices have surged by a whopping 60% since the beginning of the year and passed $252 per share this month, Coingape reports. This is the first time in several years that Coinbase shares have cleared the $250 mark and is part of a trend that has seen the company’s shares rise steadily in…

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BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

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Early R2 SUV Orders Give Rivian a Market Edge

March 13, 2024 08:05:00

Last week, Rivian Automotive Inc. (NASDAQ: RIVN)’s shares closed about 2% higher following the launch of its new SUV. Rivian is an electric-vehicle manufacturer and automotive-technology and outdoor-recreation company backed by Amazon.com.

Within hours of its launch, the company received thousands of reservations, which fueled optimism that Rivian could occupy a larger share of the EV market. In a post on X, Rivian CEO RJ Scaringe stated that…

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Nikola Names Ex-GM Executive as New CFO

March 11, 2024 08:05:00

Nikola Corporation (NASDAQ: NKLA) is a company involved in the manufacture of heavy-duty commercial battery-electric vehicles, fuel-cell electric vehicles and energy solutions. The company recently appointed Thomas Okray as its new chief financial officer.

This position had been temporarily filled by the Nikola CEO and president Steve Girsky after then-CFO Anastasiya Pasterick resigned in December 2023. Pasterick moved on to Universal Hydrogen, which is focused on offering hydrogen-powered, electric-fuel-cell powertrains for…

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Tesla Could Earn Billions Annually by Opening Charging Network to Other EVs

March 8, 2024 08:05:00

As of last week, owners of the F-150 and Mustang Mach-E could power up their electric vehicles using Tesla Inc. (NASDAQ: TSLA) superchargers. Jim Farley, Ford CEO, stated in a recent LinkedIn post that the charging partnership would improve the electric car ownership experience for Ford drivers, revealing that he had tested the superchargers out himself and they worked great.

Eligible owners of the aforementioned vehicles can reserve a complimentary fast charging adapter by going to FastChargingAdapter. The Tesla-Ford partnership involves the addition of Tesla’s…

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BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

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Riot Platforms’ Annual Report Sheds Light on Possible Risks of Bitcoin Halving

March 6, 2024 08:05:00

Bitcoin mining giant Riot Platforms (NASDAQ: RIOT) recently published a report outlining the potential risks of being exposed to cryptocurrency companies plagued with instability. With several cryptocurrency platforms collapsing in recent years, distrust in the nascent crypto sector is at an all-time high.

According to Riot’s latest annual report, several risks have the potential to impact the company and disrupt its Bitcoin mining operations. These include a potential reduction in on-chain transition fees, problems in the wider cryptocurrency economy and an anticipated Bitcoin halving event in…

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Nikola Sets Ambitious Delivery Target for Hydrogen-Powered Trucks

March 4, 2024 08:05:00


Nikola Corporation (NASDAQ: NKLA)
 has announced a target to deliver up to 350 hydrogen-fuel cell electric trucks this year. The Phoenix, Arizona-based alternative energy carmaker is setting its ambitions on delivering more than 350 hydrogen-powered fuel cell trucks to customers by the end of this quarter after cost controls.

A recent statement from the company revealed that it was close to returning the battery electric trucks it recalled from customers last August because of fire risks. Fleets can expect to receive their trucks by the…

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BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

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Riot Platforms’ Annual Report Sheds Light on Possible Risks of Bitcoin Halving

March 1, 2024 08:05:00

Bitcoin mining giant Riot Platforms (NASDAQ: RIOT) recently published a report outlining the potential risks of being exposed to cryptocurrency companies plagued with instability. With several cryptocurrency platforms collapsing in recent years, distrust in the nascent crypto sector is at an all-time high.

According to Riot’s latest annual report, several risks have the potential to impact the company and disrupt its Bitcoin mining operations. These include a potential reduction in on-chain transition fees, problems in the wider cryptocurrency economy and an anticipated Bitcoin halving event in…

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BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

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Could NIO Inc. Currently Be Undervalued and Is It a Good Buy?

February 28, 2024 08:05:00

NIO Inc. (NYSE: NIO) is an automobile manufacturer that specializes in the design and development of electric cars. The multinational company, which is based in Shanghai, is also focused on the development of battery-swapping stations for its cars.

Over the last couple of months, the company’s shares have recorded a 14% growth in price on the NYSE market. Despite the jump in price, however, NIO still has a lot of work to do before it can hit any…

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BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

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Musk Says Producing Affordable EVs Could Require Workers to Spend Nights at Giga Texas

February 26, 2024 08:05:00

Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk has revealed that producing affordable electric vehicles would require an intense manufacturing process that could lead to Tesla employees “sleeping on the line.” During Tesla’s most recent earnings call, Musk warned Tesla employees that manufacturing affordable EVs would force the Texas-based automaker to make a sharp move from its conventional production methods.

According to Musk, Tesla engineers and workers would have to spend nights at Giga Texas to meet the company’s production goals. Tesla employees have slept on facility floors in the past as the company…

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BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

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Rolls-Royce Considers Quantum Computing to Boost Nuclear Safety

February 23, 2024 08:05:00

Rolls-Royce is thinking of using quantum computing to operate nuclear plants remotely and improve nuclear energy safety. The manufacturer is looking to develop small, autonomous nuclear reactors via the Quantum Technology Access Programme (QTAP). These reactors could potentially function in remote mining colonies on Earth, the moon, and even Mars safely and remotely.

Rolls-Royce used data from the 2011 Fukushima nuclear accident to determine if it could feasibly use a quantum machine-learning model to swiftly identify potentially deadly situations. The quantum computing-based learning model would allow operators to shut down as soon as potential…

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NOTE TO INVESTORS: The latest news and updates relating to D-Wave Quantum Inc. (NYSE: QBTS) are available in the company’s newsroom at https://ibn.fm/QBTS

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BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

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Tesla Confirms It Won’t Be Refreshing the Model Y This Year

February 21, 2024 08:05:00


In an internal email to employees, Tesla Inc. (NASDAQ: TSLA) has confirmed that no Model Y refresh will be coming this year. Model Y has up to 310 miles of range on a single charge with dual motor all-wheel drive that allows drivers to manoeuvre through different road conditions.

The vehicle also has two trunks, fold-flat seats and 3,500 pounds of towing capability. It can seat up to seven and has more than enough storage paired with advanced active safety features. Additionally, the vehicle allows for remote locking, key sharing and vehicle monitoring, all of which can be done through…

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BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

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Rivian Expands Battery Options as Launch of Next-Generation EVs Nears

February 16, 2024 08:05:00

With the launch of its next-generation electric cars fast approaching, Rivian Automotive Inc. (NASDAQ: RIVN) is expanding its battery options for the Rivian R1T and R1S and cutting entry prices for both models. Rivian Automotive Inc. is an electric vehicle manufacturer and automotive technology and outdoor recreation company.

Rivian’s Standard pack will feature a 106-kilowatt-hour, lithium-ion battery pack and can pair with the dual motor powertrain with an estimated 270-mile range. Opting for the Standard pack would lower…

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BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

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Lucid Motors Ponders Expected Shift to Solid-State Batteries

February 14, 2024 08:05:00

In the years since it launched, Lucid Motors (NASDAQ: LCID) has made a name for itself as one of the electric vehicle industry’s top innovators. Lucid formally entered the EV market with the Air Sedan, a flagship model that now uses the 2170 cylindrical lithium-ion battery pack famed for its high energy density and efficiency.

The California-based company also developed a proprietary charging unit that uses high-voltage DC fast charging to cut charging times by a significant margin. However, the company’s most well-known technological achievement is solid-state batteries, next-generation EV batteries that use solid rather…

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BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

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Fisker Unveils Unique Opportunity to Dealers Selling EVs

February 12, 2024 08:05:00

During the National Automobile Dealers Association’s annual automotive show last week, Fisker Inc. (NYSE: FSR) CEO explained his dealership partnership model for their recently launched electric vehicle. Henrik Fisker talked about the Fisker Ocean Extreme, the company’s new electric SUV that is said to be affordable as well as exciting. The SUV will retail at $35,000.

Fisker also revealed that the company was working on a mid-sized electric pickup truck dubbed the Fisker Alaska. This new highly advanced, all-electric, four-door pickup truck is incredibly powerful and…

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BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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Coinbase Global Inc. (NASDAQ: COIN) Hires UK Ex-Finance Minister as Advisor

February 9, 2024 13:35:00

Coinbase Global Inc. (NASDAQ: COIN), an online platform for selling, buying, storing and transferring cryptocurrency, recently appointed a new advisor to its global advisory board. The new advisor is George Osborne, former United Kingdom Chancellor of the Exchequer. This isn’t the first time a company in the crypto industry has added former political figures to its board.

Osborne joins other notable figures on the company’s advisory board, among them former U.S. Congressman Sean Patrick Maloney, who represented New York from 2013 to 2023; Dr. Mark T. Esper, who served as U.S. Secretary of Defense from 2019 to 2020; and former…

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BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

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Chinese Tech Giant Courts Potential Buyers for Physical Outlets

February 7, 2024 13:35:00

Alibaba Group Holding Ltd. (NYSE: BABA) may be planning to sell some of its brick-and-mortar businesses, including Intime, RT-Mart and Freshippo. Intime is a shopping mall operator while RT-Mart is a retailer operating under the company. On the other hand, Freshippo operates as a grocery business.

This move comes as the Chinese tech giant places more focus on its e-commerce business model and may, in part, be fueled by…

Read More >>

About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

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BillionDollarBreaks — Lucid Group Inc. (NASDAQ: LCID), SiriusXM Canada Partner to Bring Audio Entertainment Offering to Canadian Lucid Owners

December 8, 2023 17:39:33

Lucid Group (NASDAQ: LCID) has announced a partnership with SiriusXM Canada to offer all new and existing Canadian Lucid owners a three-month trial subscription to SiriusXM’s comprehensive audio entertainment. According to the announcement, SiriusXM is available in the LCID’s award-winning Lucid Air, the longest-range, fastest-charging electric car on the market. In addition, owners of the entire Lucid Air lineup will be offered access to SiriusXM through the trial subscription. Channels available through SiriusXM are expertly curated, free of ads and deliver a wide array of audio choices for listeners, covering every music genre across many decades. The platform also features the most extensive lineup of professional and college sports offered in audio as well as worldwide news and entertainment. “We’re thrilled to offer Lucid customers the incredible breadth and depth of SiriusXM’s audio programming with expertly curated music, entertainment and sports, personalized to fit the vibe of any length road trip,” said Lucid Group senior VP of digital Michael Bell in the press release. “All new and existing Lucid Air owners now have access to a three-month trial of SiriusXM as a standard feature, making their audio experience even better.”

To view the full press release, visit https://ibn.fm/Bt9hu

About Lucid Group Inc.

Lucid Group has a mission is to inspire the adoption of sustainable energy by creating advanced technologies and the most captivating luxury electric vehicles centered around the human experience. The company’s first car, the Air, is a state-of-the-art luxury sedan with a California-inspired design. Lucid Air Grand Touring features an official EPA estimated 516 miles of range. Assembled at the company’s factory in Casa Grande, Arizona, and King Abdullah Economic City(KAEC), Saudi Arabia, deliveries of Lucid Air are currently underway to customers in the United States, Canada, Europe and the Middle East. For more information about the company, visit www.LucidMotors.com.

About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

BDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BillionDollarClub, text “Billion” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: https://www.BillionDollarClub.com/Disclaimer

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BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) ‘Buy’ Rating Maintained, WestPark Capital Increases Price Target

July 31, 2023 12:04:11

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services was spotlighted in a recent WestPark Capital Technology research report.

On July 21st, WestPark Capital, a full-service investment banking and securities brokerage firm, adjusted its D-Wave FY23 revenue/EPS estimates to $12.0 million, maintained FY24 revenue/EPS estimates of $27 million, re-iterated its buy rating on QBTS,  and increased their 12-month price target by 100% from $3 to $6.

WestPark Capital’s Kevin Garrigan stated “We believe D-Wave’s quantum annealing system provides benefits and cost savings to commercial customers,” the report analysis stated. “Being the only company that has built a commercial quantum annealing system, we believe D-Wave is in a strong position to benefit from a market opportunity that should grow significantly as we move through the decade.”

To view the full report, visit https://ibn.fm/SaTw3

About D-Wave Quantum Inc.

D-Wave is at the forefront of quantum computing systems, software and services, holding the distinction of being the world’s first commercial supplier of quantum computers. Setting itself apart, D-Wave is unique in constructing both annealing quantum computers and gate-model quantum computers. The company’s primary objective is to harness the potential of quantum computing in the present to bring about advantages for both businesses and society. This is achieved by providing practical quantum applications that deliver value to customers, addressing a wide range of problems such as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection and financial modeling. D-Wave’s cutting-edge technology has been adopted by renowned organizations globally, including Volkswagen, Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California and Los Alamos National Laboratory. For more information about the company, please visit www.DWaveSys.com.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

About BillionDollarClub

BillionDollarClub (BDC) is the exclusive home of the biggest and brightest companies covered by IBN, a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution to millions of social media followers, and (5) a full array of corporate communications solutions. This is the place you want to be, where every covered company has a market cap in excess of $1 billion. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled visibility, recognition and brand awareness. While IBN’s client list includes companies big and small, BillionDollarClub is the gold standard.

To receive SMS text alerts from BillionDollarClub, text “Billion” to 844-397-5787  (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

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BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Announces Participation in Upcoming Quantum Computing Webinar, New Research Collaborations

July 27, 2023 11:34:02

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, will participate in Deloitte’s upcoming quantum computing webinar series. The episode, slated for Aug. 3, 2023, is titled “Quantum Annealing Unleashed: Optimize Your Business Operations” and will feature a discussion by Murray Thom, D-Wave vice president of quantum business innovation; Scott Buchholz, global quantum lead at Deloitte Consulting LLP; and Sal Certo, quantum optimization lead at Deloitte. The 60-minute webinar will begin at noon ET. The hour-long event will include a discussion on annealing quantum computing’s near-term value and will include real-world use cases that show the technology’s role in fueling operational excellence.

In addition, D-Wave announced two new collaborations facilitate key hardware research programs for quantum computing systems. D-Wave is working with the Institute for Quantum Computing (“IQC”) at the University of Waterloo on these research projects, funded by the Natural Sciences and Engineering Research Council of Canada (“NSERC”) Quantum Alliance program. According to the announcement, the focus will be on identifying improvements in device design and materials quality that support increasingly coherent superconducting quantum processors.

“Quantum computing has the potential to revolutionize how we tackle societal problems,” said D-Wave Quantum CEO Dr. Alan Baratz in the press release. “Key to this transformation is the ability to provide larger quantum systems with greater coherence, and these NSERC projects each facilitate important R&D for these next-generation systems. We’re excited to engage with the University of Waterloo through the NSERC program to further build out a robust quantum ecosystem that can tackle real-world problems.”

To view the Deloitte presentation, visit https://ibn.fm/xJJhm

To view the full press releases, visit https://ibn.fm/5K4iW and https://ibn.fm/oZRL4

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software and services, and is the world’s first commercial supplier of quantum computers. The company’s mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection and financial modeling. D-Wave’s technology is being used by some of the world’s most advanced organizations, including Volkswagen, Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California and Los Alamos National Laboratory. For more information about the company, please visit www.DWaveSys.com.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

About BillionDollarClub

BillionDollarClub (BDC) is the exclusive home of the biggest and brightest companies covered by IBN, a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution to millions of social media followers, and (5) a full array of corporate communications solutions. This is the place you want to be, where every covered company has a market cap in excess of $1 billion. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled visibility, recognition and brand awareness. While IBN’s client list includes companies big and small, BillionDollarClub is the gold standard.

To receive SMS text alerts from BillionDollarClub, text “Billion” to 844-397-5787  (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: http://IBN.fm/Disclaimer

BillionDollarClub (BDC)
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www.BillionDollarClub.com
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BillionDollarClub is part of the InvestorBrandNetwork.

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Announces Pilot Program with VINCI Energies, QuantumBasel

July 19, 2023 13:58:48

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, announced that it is working with QuantumBasel on a quantum pilot project with VINCI Energies, an accelerator of environmental and digital transition.

According to the announcement, the collaboration will use D-Wave’s annealing quantum computers and quantum hybrid solvers through the Leap(TM) quantum cloud service to provide VINCI Energies with real-time access to quantum solutions. The use case for the project is the design of a heating, ventilation and air conditioning (“HVAC”) system, which includes several steps to maximize user comfort, minimize environmental burden and reduce cost of materials.

VINCI is working with uptownBasel and D-Wave to study potential improvements in the generated HVAC network solutions. “Construction projects feature a multitude of optimization challenges that can contribute to cost overruns and delayed building completions when not adequately addressed,” said D-Wave Quantum CEO Dr. Alan Baratz in the press release. “We believe today’s quantum-hybrid technologies can help solve these computationally complex problems to drive efficiencies and streamline building processes and look forward to working with VINCI Energies and uptownBasel to bring quantum to construction.”

To view the full press release, visit https://ibn.fm/0z1gd

About D-Wave Quantum Inc.

D-Wave is at the forefront of quantum computing systems, software and services, holding the distinction of being the world’s first commercial supplier of quantum computers. Setting itself apart, D-Wave is unique in constructing both annealing quantum computers and gate-model quantum computers. The company’s primary objective is to harness the potential of quantum computing in the present to bring about advantages for both businesses and society. This is achieved by providing practical quantum applications that deliver value to customers, addressing a wide range of problems such as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection and financial modeling. D-Wave’s cutting-edge technology has been adopted by renowned organizations globally, including Volkswagen, Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California and Los Alamos National Laboratory. For more information about the company, please visit www.DWaveSys.com.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

About BillionDollarClub

BillionDollarClub (BDC) is the exclusive home of the biggest and brightest companies covered by IBN, a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution to millions of social media followers, and (5) a full array of corporate communications solutions. This is the place you want to be, where every covered company has a market cap in excess of $1 billion. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled visibility, recognition and brand awareness. While IBN’s client list includes companies big and small, BillionDollarClub is the gold standard.

To receive SMS text alerts from BillionDollarClub, text “Billion” to 844-397-5787  (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: http://IBN.fm/Disclaimer

BillionDollarClub (BDC)
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www.BillionDollarClub.com
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Editor@BillionDollarClub.com

BillionDollarClub is part of the InvestorBrandNetwork.

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Ready to Support Governmental Prioritization of Near-Term Quantum Development

July 17, 2023 13:41:41

D-Wave (NYSE: QBTS), a leader in quantum computing systems, software and services, is helping fuel the adoption of near-term quantum computing solutions against a backdrop of increased government assessment, investment and legislation. “As more governments start to consider quantum applications and the use of quantum technologies to solve public sector challenges, D-Wave offers solutions oriented towards addressing optimization problems commonly faced by government agencies… Public sector solutions for emergency response, sustainability, supply chain, infrastructure, telecommunications and energy can all benefit from D-Wave’s quantum technology,” a recent article reads. “The United States National Quantum Initiative is up for reauthorization by September 2023 – with many in Congress pushing for the adoption of near-term application programs… Ready to support the governmental prioritization of near-term quantum development, D-Wave’s Advantage(TM) quantum computer is commercial-grade and production-ready, featuring more than 5,000 qubits and 15-way qubit connectivity. This provides 2.5x more connections and more than double the number of qubits than the company’s previous generation quantum computer, helping organizations solve some of their most computationally complex problems.”

To view the full article, visit https://ibn.fm/NrbpO

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software and services, and is the world’s first commercial supplier of quantum computers — and the only company building both annealing quantum computers and gate-model quantum computers. The company’s mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection and financial modeling. D-Wave’s technology is being used by some of the world’s most advanced organizations, including Volkswagen, Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California, and Los Alamos National Laboratory. For more information about the company, visit www.DWaveSys.com.

About BillionDollarClub

BillionDollarClub (BDC) is the exclusive home of the biggest and brightest companies covered by IBN, a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution to millions of social media followers, and (5) a full array of corporate communications solutions. This is the place you want to be, where every covered company has a market cap in excess of $1 billion. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled visibility, recognition and brand awareness. While IBN’s client list includes companies big and small, BillionDollarClub is the gold standard.

To receive SMS text alerts from BillionDollarClub, text “Billion” to 844-397-5787  (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: http://IBN.fm/Disclaimer

BillionDollarClub (BDC)
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www.BillionDollarClub.com
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Editor@BillionDollarClub.com

BillionDollarClub is part of the InvestorBrandNetwork.

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Ready to Execute on U.S. Government’s Shift to Near-Term Quantum Computing

June 28, 2023 11:35:32

D-Wave (NYSE: QBTS), a leader in quantum computing systems, software and services, is prepared to support the US government, as new legislation before Congress embraces all quantum technologies and pushes for near-term usage. The company announced today that recent legislation is calling for the U.S. government to develop and adopt near-term quantum computing applications with the potential to provide solutions to complex public sector optimization problems. These include electrical grid resilience, optimization of ports, global supply chain issues, emergency management and response, infrastructure, and telecommunication networks.

“The country is at a unique inflection point for U.S. quantum policy,” said Dr. Alan Baratz, CEO of D-Wave. “To date, the U.S. National Quantum Strategy has not prioritized application development, but legislation before Congress has shifted that mindset. D-Wave stands ready to collaborate with the U.S. government to build near-term quantum applications to help meet current and future public sector needs.”

To view the full press release, visit https://ibn.fm/Viqit

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software and services, and is the world’s first commercial supplier of quantum computers — and the only company building both annealing quantum computers and gate-model quantum computers. The company’s mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection and financial modeling. D-Wave’s technology is being used by some of the world’s most advanced organizations, including Volkswagen, Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California, and Los Alamos National Laboratory.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

About BillionDollarClub

BillionDollarClub (BDC) is the exclusive home of the biggest and brightest companies covered by IBN, a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution to millions of social media followers, and (5) a full array of corporate communications solutions. This is the place you want to be, where every covered company has a market cap in excess of $1 billion. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled visibility, recognition and brand awareness. While IBN’s client list includes companies big and small, BillionDollarClub is the gold standard.

To receive SMS text alerts from BillionDollarClub, text “Billion” to 844-397-5787  (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: http://IBN.fm/Disclaimer

BillionDollarClub (BDC)
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www.BillionDollarClub.com
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Editor@BillionDollarClub.com

BillionDollarClub is part of the InvestorBrandNetwork.

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS), Interpublic Group of Companies Inc. (NYSE: IPG) Announce Strategic Collaboration

June 2, 2023 10:06:59

D-Wave (NYSE: QBTS), a leader in quantum computing systems, software and services, and Interpublic Group (NYSE: IPG), one of the world’s premier global advertising and marketing services companies, today announced a partnership that will see the companies work together on quantum computing applications that fuel innovation in marketing investments and strategy. D-Wave and IPG will collaborate on the research and development of quantum-hybrid applications designed to address optimization in marketing campaigns.

“In today’s highly connected and deeply digital world, consumers are met with brand messages daily. Breaking through to reach the right customer at the right time remains a difficult challenge given the vast number of variables to consider,” said Dr. Alan Baratz, CEO of D-Wave. “We’re excited to work with IPG to bring the power of quantum to advertising optimization, more efficiently harnessing a massive amount of data to create hyper-targeted campaigns that drive desired outcomes for brands.”

To view the full press release, visit https://ibn.fm/ZUelX

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software and services, and is the world’s first commercial supplier of quantum computers — and the only company building both annealing quantum computers and gate-model quantum computers. The company’s mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection and financial modeling. D-Wave’s technology is being used by some of the world’s most advanced organizations, including Volkswagen, Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California, and Los Alamos National Laboratory.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

About BillionDollarClub

BillionDollarClub (BDC) is the exclusive home of the biggest and brightest companies covered by IBN, a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution to millions of social media followers, and (5) a full array of corporate communications solutions. This is the place you want to be, where every covered company has a market cap in excess of $1 billion. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled visibility, recognition and brand awareness. While IBN’s client list includes companies big and small, BillionDollarClub is the gold standard.

To receive SMS text alerts from BillionDollarClub, text “Billion” to 844-397-5787  (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: http://IBN.fm/Disclaimer

BillionDollarClub (BDC)
Los Angeles, California
www.BillionDollarClub.com
310.299.1717 Office
Editor@BillionDollarClub.com

BillionDollarClub is part of the InvestorBrandNetwork.

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) is a Leading Gainer in 5/22 Trading

May 23, 2023 13:44:59

D-Wave Quantum Inc. (NYSE: QBTS) is one of yesterday’s top gainers. The company’s shares closed at $1.02 for the day, a 110.70% increase from the previous closing price of $0.48. QBTS opened at $0.50 and reached a high of $1.06 and an intraday low of $0.50 throughout the day. The 46.6 million shares that traded represent an all-time trading volume record for the company.

D-Wave Quantum Inc. is a leader in quantum computing systems, software and services focused on delivering value to our customers via practical quantum applications for problems such as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, fault detection and financial modeling. As the only provider building both annealing and gate-model quantum computers, the company is unlocking commercial use cases in optimization today, while building the technologies that will enable new solutions tomorrow. Founded in 1999, D-Wave is the world’s first commercial supplier of quantum computing solutions.

For more information, visit the company’s website at www.DWaveSys.com.

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software and services, and is the world’s first commercial supplier of quantum computers — and the only company building both annealing quantum computers and gate-model quantum computers. The company’s mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection and financial modeling. D-Wave technology is being used by some of the world’s most advanced organizations, including Volkswagen, Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California and Los Alamos National Laboratory.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

About BillionDollarClub

BillionDollarClub (BDC) is the exclusive home of the biggest and brightest companies covered by IBN, a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution to millions of social media followers, and (5) a full array of corporate communications solutions. This is the place you want to be, where every covered company has a market cap in excess of $1 billion. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled visibility, recognition and brand awareness. While IBN’s client list includes companies big and small, BillionDollarClub is the gold standard.

To receive SMS text alerts from BillionDollarClub, text “Billion” to 844-397-5787  (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: http://IBN.fm/Disclaimer

BillionDollarClub (BDC)
Los Angeles, California
www.BillionDollarClub.com
310.299.1717 Office
Editor@BillionDollarClub.com

BillionDollarClub is part of the InvestorBrandNetwork.

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Welcomes Government Officials, Announces Quantum Training Program with QAI

May 22, 2023 13:21:35

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, recently hosted two government officials at its Burnaby offices to highlight the company’s innovation in quantum computing. British Columbia premier David Eby and Jobs, Economic Development, and Innovation Minister Brenda Bailey were welcomed at the site, and the company also announced a new quantum-focused workforce training program during the pair’s visit. The training program, executed in collaboration with B.C.-based Quantum Algorithms Institute (“QAI”), will expedite the development of a quantum-ready workforceThe visit was also designed to help others gain a deeper understanding of how quantum technology can be effectively used in dealing with today’s societal and business challenges.

The two officials visited D-Wave on the heels of the announcement of the province’s new StrongerBC: Future Ready Action Plan. The plan positions technology as a critical growth area and points to businesses as essential in the development of innovation that improves the way services are delivered.

“British Columbia and D-Wave have long been at the forefront of global quantum innovation and developing the highly skilled workforce that drives it,” said D-Wave Quantum senior vice president Mark W. Johnson in the press release. “We are excited to host Premier Eby and Minister Bailey . . . to provide them a behind-the-scenes look at our technology, discuss real-world applications of quantum, and highlight our newest training program with the QAI to build a quantum-ready workforce.”

To view the full press release, visit https://ibn.fm/oMUfP

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software and services, and is the world’s first commercial supplier of quantum computers — and the only company building both annealing quantum computers and gate-model quantum computers. The company’s mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection and financial modeling. D-Wave technology is being used by some of the world’s most advanced organizations, including Volkswagen, Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California and Los Alamos National Laboratory. For more information about the company, please visit www.DWaveSys.com.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

About BillionDollarClub

BillionDollarClub (BDC) is the exclusive home of the biggest and brightest companies covered by IBN, a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution to millions of social media followers, and (5) a full array of corporate communications solutions. This is the place you want to be, where every covered company has a market cap in excess of $1 billion. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled visibility, recognition and brand awareness. While IBN’s client list includes companies big and small, BillionDollarClub is the gold standard.

To receive SMS text alerts from BillionDollarClub, text “Billion” to 844-397-5787  (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: http://IBN.fm/Disclaimer

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www.BillionDollarClub.com
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Editor@BillionDollarClub.com

BillionDollarClub is part of the InvestorBrandNetwork.

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Reports on Q1 2023 Financial, Corporate Results

May 19, 2023 14:11:50

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, has released its first-quarter earnings report for the period ending March 31, 2023. Highlights include total bookings valued at $2.9 million, a 297% increase compared to the first quarter of 2022, and a 430% increase in the average deal size for QCaaS and professional services combined bookings on a year-over-year basis. In addition, the company noted that research published in “Nature” shows the computational advantage of its quantum computer, proving quantum dynamics speedup over classical on a set of complex problems. The company has also signed several new and expanded existing customer engagements with Forbes Global 2000 companies as well as industry leaders such as Interpublic Group, Unisys US, POLARISqb and Quantum Algorithms Institute.

“Our first-quarter results reflect our continued measured progress across key business initiatives including commercial customer adoption, production-readiness efforts, product development and scientific advancements,” said D-Wave Quantum CEO Dr. Alan Baratz in the press release.

“We continue to expand our business with commercial customers with the percentage of our revenue derived from commercial customers increasing by 30% when comparing our last four quarters with the immediately preceding four quarters. First-quarter bookings of $2.9 million were up by 297% on a year-over-year basis, representing the fifth consecutive quarter of sequential quarter-to-quarter increases in bookings. On the technical front, we achieved a significant scientific milestone, published in ‘Nature,’ proving that the D-Wave Advantage system’s use of quantum delivers a speedup over classical for an important class of complex problems, 3D spin glasses. The observed speedup matches the theory of coherent quantum annealing and shows​ a direct connection between coherence and the core computational power of quantum annealing. We believe this research has important implications to optimization and the benefits will increase with future generation systems, including Advantage2.”

To view the full press release, visit https://ibn.fm/jrrzJ

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software and services, and is the world’s first commercial supplier of quantum computers — and the only company building both annealing quantum computers and gate-model quantum computers. The company’s mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection and financial modeling. D-Wave technology is being used by some of the world’s most advanced organizations, including Volkswagen, Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California and Los Alamos National Laboratory. For more information about the company, please visit www.DWaveSys.com.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

About BillionDollarClub

BillionDollarClub (BDC) is the exclusive home of the biggest and brightest companies covered by IBN, a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution to millions of social media followers, and (5) a full array of corporate communications solutions. This is the place you want to be, where every covered company has a market cap in excess of $1 billion. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled visibility, recognition and brand awareness. While IBN’s client list includes companies big and small, BillionDollarClub is the gold standard.

To receive SMS text alerts from BillionDollarClub, text “Billion” to 844-397-5787  (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: http://IBN.fm/Disclaimer

BillionDollarClub (BDC)
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www.BillionDollarClub.com
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BillionDollarClub is part of the InvestorBrandNetwork.

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Schedules Release of Q1 2023 Results, Earnings Call

May 11, 2023 14:15:52

D-Wave (NYSE: QBTS) is a leader in quantum computing systems, software and services, and the only quantum computing company building commercial annealing quantum computing systems and developing gate-model quantum computing systems. The company today announced that it will release its financial results for the first quarter ended March 31, 2023, on Friday, May 19, before market open. In conjunction with this announcement, D-Wave will host a conference call at 8:00 a.m., also on May 19, to discuss its financial results and business outlook. Interested parties can join the live call by dialing 1-877-407-3982 (domestic) or 201-493-6780 (international) and entering conference ID code 13738831. Chief Executive Officer Alan Baratz and Chief Financial Officer John Markovich will be participating in the call. In addition, a live webcast and subsequent replay of the call will be available on the Investor Relations page of D-Wave’s website.

To view the full press release, visit https://ibn.fm/VBPW6

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software and services, and is the world’s first commercial supplier of quantum computers — and the only company building both annealing quantum computers and gate-model quantum computers. The company’s mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection and financial modeling. D-Wave’s technology is being used by some of the world’s most advanced organizations, including Volkswagen, Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California, and Los Alamos National Laboratory.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

About BillionDollarClub

BillionDollarClub (BDC) is the exclusive home of the biggest and brightest companies covered by IBN, a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution to millions of social media followers, and (5) a full array of corporate communications solutions. This is the place you want to be, where every covered company has a market cap in excess of $1 billion. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled visibility, recognition and brand awareness. While IBN’s client list includes companies big and small, BillionDollarClub is the gold standard.

To receive SMS text alerts from BillionDollarClub, text “Billion” to 844-397-5787  (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: http://IBN.fm/Disclaimer

BillionDollarClub (BDC)
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www.BillionDollarClub.com
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BillionDollarClub is part of the InvestorBrandNetwork.

D-Wave Quantum Inc. (NYSE: QBTS) Highlights Commercial Customer Engagements and Cross-Platform Product Enhancements During Qubits 2023 Convention

February 24, 2023 08:05:00
  • D-Wave’s Qubits annual user conference, currently in its seventh year, is one of the industry’s premier quantum computing events differentiated by its focus on real-world applications of quantum technology
  • The company displayed its continued commercial customer momentum and real-time product innovation, reflecting the increasing enterprise adoption of quantum computing solutions
  • The conference demonstrated how D-Wave’s proprietary technology helps organizations solve highly complex business problems today

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, announced new and renewed commercial customer engagements and product updates for its annealing and gate-model quantum computing solutions during the company’s annual Qubits 2023 user conference. The company’s continued commercial customer momentum and product innovation reflect the increased adoption of quantum computing solutions and showcase the technology’s ability to solve businesses’ most challenging computational problems today (https://ibn.fm/dRRdr).

The Qubits event, now in its seventh year, is one of the industry’s premier quantum computing events and is differentiated by its focus on the real-world application of quantum technology to today’s business problems. Quantum-hybrid applications on display at Qubits included solutions from…

Read More>>

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

Forward-Looking Statements

This article contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which statements are based on beliefs and assumptions and on information currently available. In some cases, you can identify forward-looking statements by the following words: “may,” “will,” “could,” “would,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “ongoing,” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. These statements involve risks, uncertainties, and other factors that may cause actual results, levels of activity, performance, or achievements to be materially different from the information expressed or implied by these forward-looking statements. We caution you that these statements are based on a combination of facts and factors currently known by us and our projections of the future, which are subject to a number of risks. Forward-looking statements in this article include, but are not limited to, statements regarding the release and performance of the Advantage2 processor. We cannot assure you that the forward-looking statements in this article will prove to be accurate. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including general economic conditions and other risks; customer acceptance of our products and services; and the uncertainties and factors set forth in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in the registration statement on Form S-1 filed by the Company with the SEC on February 13, 2023, as well as factors associated with companies, such as D-Wave, that are engaged in the business of quantum computing, including anticipated trends, growth rates, and challenges in those businesses and in the markets in which they operate; the outcome of any legal proceedings that may be instituted against us; risks related to the performance of our business and the timing of expected business or financial milestones; unanticipated technological or project development challenges, including with respect to the cost and or timing thereof; the performance of our products; the effects of competition on our business; the risk that we will need to raise additional capital to execute our business plan, which may not be available on acceptable terms or at all; the risk that we may never achieve or sustain profitability; the risk that we are unable to secure or protect our intellectual property; volatility in the price of our securities; the risk that our securities will not maintain the listing on the NYSE; changes in applicable laws and regulations; the effect of pandemics, geopolitical events, natural disasters, wars, or terrorist acts on our business or the economy in general; and the impact of inflation. Furthermore, if the forward-looking statements contained in this article prove to be inaccurate, the inaccuracy may be material. In addition, you are cautioned that past performance may not be indicative of future results. In light of the significant uncertainties in these forward-looking statements, you should not place undue reliance on these statements in making an investment decision or regard these statements as a representation or warranty by any person we will achieve our objectives and plans in any specified time frame, or at all. The forward-looking statements in this article represent our views as of the date of this article. We anticipate that subsequent events and developments will cause our views to change. However, while we may elect to update these forward-looking statements at some point in the future, we have no current intention of doing so except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing our views as of any date subsequent to the date of this article.

About BillionDollarClub

BillionDollarClub (BDC) is the exclusive home of the biggest and brightest companies covered by IBN, a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution to millions of social media followers, and (5) a full array of corporate communications solutions. This is the place you want to be, where every covered company has a market cap in excess of $1 billion. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled visibility, recognition and brand awareness. While IBN’s client list includes companies big and small, BillionDollarClub is the gold standard.

To receive SMS text alerts from BillionDollarClub, text “Billion” to 844-397-5787  (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: http://IBN.fm/Disclaimer

BillionDollarClub (BDC)
Los Angeles, California
www.BillionDollarClub.com
310.299.1717 Office
Editor@BillionDollarClub.com

BillionDollarClub is part of the InvestorBrandNetwork.

Commercial Quantum Computing Center Stage at D-Wave Quantum Inc. (NYSE: QBTS) Qubits23 Conference

February 16, 2023 10:20:00
  • D-Wave’s annual user conference provided attendees with valuable insights, demos, and scientific talks about D-Wave’s quantum computing and quantum-hybrid applications
  • D-Wave identified several key takeaways from the conference, including: the commercialization of quantum is here, live commercial customer demonstrations showcase value in real-time, not all quantum is the same, it is easy to build quantum teams, and the upcoming Advantage2 processor expects to deliver enhanced performance
  • More than 15 customers including Mastercard, Deloitte and Davidson Technologies were on hand to spotlight quantum and quantum-hybrid demos and applications built on D-Wave solutions

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services focused on delivering practical quantum applications, and the only provider building both annealing and gate-model quantum computers, recently held its Qubits23 user conference in Miami, Florida.

Providing valuable information, demos, and scientific talks, the conference served as an important opportunity for attendees to hear directly from industry leaders, network with…

Read More>>

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

Forward-Looking Statements

This article contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which statements are based on beliefs and assumptions and on information currently available. In some cases, you can identify forward-looking statements by the following words: “may,” “will,” “could,” “would,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “ongoing,” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. These statements involve risks, uncertainties, and other factors that may cause actual results, levels of activity, performance, or achievements to be materially different from the information expressed or implied by these forward-looking statements. We caution you that these statements are based on a combination of facts and factors currently known by us and our projections of the future, which are subject to a number of risks. Forward-looking statements in this article include, but are not limited to, statements regarding the release and performance of the Advantage2 processor. We cannot assure you that the forward-looking statements in this article will prove to be accurate. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including general economic conditions and other risks; customer acceptance of our products and services; and the uncertainties and factors set forth in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in the registration statement on Form S-1 filed by the Company with the SEC on February 13, 2023, as well as factors associated with companies, such as D-Wave, that are engaged in the business of quantum computing, including anticipated trends, growth rates, and challenges in those businesses and in the markets in which they operate; the outcome of any legal proceedings that may be instituted against us; risks related to the performance of our business and the timing of expected business or financial milestones; unanticipated technological or project development challenges, including with respect to the cost and or timing thereof; the performance of our products; the effects of competition on our business; the risk that we will need to raise additional capital to execute our business plan, which may not be available on acceptable terms or at all; the risk that we may never achieve or sustain profitability; the risk that we are unable to secure or protect our intellectual property; volatility in the price of our securities; the risk that our securities will not maintain the listing on the NYSE; changes in applicable laws and regulations; the effect of pandemics, geopolitical events, natural disasters, wars, or terrorist acts on our business or the economy in general; and the impact of inflation. Furthermore, if the forward-looking statements contained in this article prove to be inaccurate, the inaccuracy may be material. In addition, you are cautioned that past performance may not be indicative of future results. In light of the significant uncertainties in these forward-looking statements, you should not place undue reliance on these statements in making an investment decision or regard these statements as a representation or warranty by any person we will achieve our objectives and plans in any specified time frame, or at all. The forward-looking statements in this article represent our views as of the date of this article. We anticipate that subsequent events and developments will cause our views to change. However, while we may elect to update these forward-looking statements at some point in the future, we have no current intention of doing so except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing our views as of any date subsequent to the date of this article.

About BillionDollarClub

BillionDollarClub (BDC) is the exclusive home of the biggest and brightest companies covered by IBN, a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution to millions of social media followers, and (5) a full array of corporate communications solutions. This is the place you want to be, where every covered company has a market cap in excess of $1 billion. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled visibility, recognition and brand awareness. While IBN’s client list includes companies big and small, BillionDollarClub is the gold standard.

To receive SMS text alerts from BillionDollarClub, text “Billion” to 844-397-5787  (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: http://IBN.fm/Disclaimer

BillionDollarClub (BDC)
Los Angeles, California
www.BillionDollarClub.com
310.299.1717 Office
Editor@BillionDollarClub.com

BillionDollarClub is part of the InvestorBrandNetwork.

BillionDollarBreaks – Vision Energy Corp. (VENG) Incorporates Dutch Subsidiaries

January 10, 2023 12:31:21

Vision Energy (OTCQB: VENG), a forward-looking energy company developing carbon reduced solutions for the commercial, industrial and transportation sector, has incorporated new Dutch subsidiaries. These incorporations are designed to accommodate strategic initiatives for prospective partners, operators and launching customers for VENG’s integrated Green Energy Hub development in North Sea Port of Vlissingen, the Netherlands. According to the announcement, Vision Energy incorporated Vision Hydrogen BV as a project development company to develop, own and operate its planned Ammonia Cracking Facility. The facility will be used for back-cracking imported green ammonia to hydrogen gas as a service and will be combined with the company’s import, storage and handling terminal development in Vlissingen. Vision Energy also incorporated Evolution Terminals Operating BV, a dedicated operating entity planned to jointly own and operate logistics infrastructure under a joint operating agreement, and Evolution Terminals SPV II BV, a special-purpose vehicle, which will be utilized for joint ownership of specific storage assets with a strategic launching customer or partner.

To view the full press release, visit https://ibn.fm/gMxmI

About Vision Energy Corporation

Vision Energy is a forward-looking energy company developing assets and solutions for the commercial, industrial and transportation sectors. The company leverages its proven track-record in site and asset procurement, accelerating development and permitting processes, plant design, and grid integration to facilitate low-carbon energy production, supply and distribution. Vision Energy is pursuing reliable offtake relationships and operating partnerships with energy industry participants and end users seeking carbon abatements across feedstock and fuels. The company is committed to providing low-carbon energy solutions with the highest yield. Where possible, projects are designed to leverage existing gas and power infrastructure to integrate and facilitate import and/or distribution of reduced-carbon energy to domestic and global supply chains. For more information about the company, please visit www.VisionEnergy.com.

NOTE TO INVESTORS: The latest news and updates relating to VENG are available in the company’s newsroom at https://ibn.fm/VENG

About BillionDollarClub

BillionDollarClub (BDC) is the exclusive home of the biggest and brightest companies covered by IBN, a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution to millions of social media followers, and (5) a full array of corporate communications solutions. This is the place you want to be, where every covered company has a market cap in excess of $1 billion. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled visibility, recognition and brand awareness. While IBN’s client list includes companies big and small, BillionDollarClub is the gold standard.

To receive SMS text alerts from BillionDollarClub, text “Billion” to 844-397-5787  (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: http://IBN.fm/Disclaimer

BillionDollarClub (BDC)
Los Angeles, California
www.BillionDollarClub.com
310.299.1717 Office
Editor@BillionDollarClub.com

BillionDollarClub is part of the InvestorBrandNetwork.

BillionDollarBreaks – Riot Platforms Inc. (NASDAQ: RIOT) Releases December 2022 Production, Operations Report

January 5, 2023 10:12:16

Riot Platforms (NASDAQ: RIOT), an industry leader in Bitcoin mining and data center hosting, is reporting unaudited production and operations numbers for December 2022. Highlights of the report note that Riot produced 659 BTC during the month, a 55% increase over the 425 BTC produced in December 2021. In addition, as of Dec. 31, 2022, the company held approximately 6,952 BTC, all produced by Riot’s self-mining operations. Riot also saw net proceeds of some $10.2 million through sales of 600 BTC; in addition, as of the month end, the company had deployed fleet of 88,556 miners, with a hash rate capacity of 9.7 exahash per second (“EH/s”). “Riot achieved a number of key milestones during the month of December,” said Riot Platforms CEO Jason Les in the press release. “We successfully deployed an additional 16,128 S19-series miners, bringing our hash rate capacity to a new all-time high of 9.7 EH/s. Additionally and as previously indicated in our last monthly production update, we transitioned to a new mining pool in early December. Based on our expanded hash rate capacity and while predominantly operating in our new mining pool, Riot achieved a new record of 659 Bitcoin produced this past month. In late December, Texas and much of the country experienced severe winter weather, significantly disrupting the holiday season for many Americans. A portion of Riot’s operations at our Rockdale facility were also unfortunately impacted by the December storm, as some sections of piping in Buildings F and G, our immersion buildings, suffered damage and need replacement, impacting approximately 2.5 EH/s of our total hash rate capacity. Our team is working diligently on the necessary repairs, which we anticipate will take a number of weeks, during which time the affected hash rate will come back online incrementally. Additionally, in anticipation of the December storm, Riot voluntarily curtailed operations in order to ensure the safety of our employees and to contribute to the stability of the ERCOT grid during this critical time for Texans, and as a result, Riot generated $4.9 million in additional power credits in December, which will further lower our cost of production.”

To view the full press release, visit https://ibn.fm/5y1Vc

About Riot Platforms Inc.

On Jan. 3, 2023, Riot announced the rebranding of its corporate name from Riot Blockchain Inc. to Riot Platforms Inc., underpinning the company’s growth strategy to continue expanding its increasingly diversified business operations. Riot’s common stock continues to be listed for trading on the NASDAQ Capital Market under the ticker symbol RIOT. The company’s vision is to be the world’s leading Bitcoin-driven infrastructure platform; its mission is to positively impact the sectors, networks and communities that it touches. Riot believe that the combination of an innovative spirit and strong community partnership allows the company to achieve best-in-class execution and create successful outcomes. Riot is a Bitcoin mining and digital infrastructure company focused on a vertically integrated strategy. The company has Bitcoin mining data center operations in central Texas, Bitcoin mining operations in central Texas, and electrical switchgear engineering and fabrication operations in Denver. For more information about the company, visit www.RiotPlatforms.com.

About BillionDollarClub

BillionDollarClub (BDC) is the exclusive home of the biggest and brightest companies covered by IBN, a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution to millions of social media followers, and (5) a full array of corporate communications solutions. This is the place you want to be, where every covered company has a market cap in excess of $1 billion. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled visibility, recognition and brand awareness. While IBN’s client list includes companies big and small, BillionDollarClub is the gold standard.

To receive SMS text alerts from BillionDollarClub, text “Billion” to 844-397-5787  (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: http://IBN.fm/Disclaimer

BillionDollarClub (BDC)
Los Angeles, California
www.BillionDollarClub.com
310.299.1717 Office
Editor@BillionDollarClub.com

BillionDollarClub is part of the InvestorBrandNetwork.

BillionDollarBreaks – Tingo Inc. (TMNA) Partners with Dozy Mmobousi to Open Leadership Centre

December 29, 2022 10:24:45

Tingo (OTC: TMNA), a leading agrifintech business in Africa, and Dozy Mmobuosi, renowned technology entrepreneur and philanthropist, have together unveiled the Dozy Mmobuosi Leadership Centre (DMLC), located in Oxford, United Kingdom. The centre is designed to offer a monthlong, in-person transformational leadership program for entrepreneurs and those involved in both private and public service. The centre is scheduled to welcome its first cohort of approximately 35 African leaders in February 2023. The centre can also be used as a meeting point for world leaders and researchers for high-level events. According to the announcement, Rt. Hon. Mark Simmonds will serve as the chair of the centre. Simmonds has previously served as the Parliamentary Under Secretary of State at the Foreign and Commonwealth Office. “The Dozy Mmobuosi Leadership Centre is a transformational and innovative mission to provide African entrepreneurs and sectoral leaders with access to high level motivation and mentoring of next generation leaders,” said the Dozy Mmobuosi Leadership Centre chair Mark Simmonds in the press release. “The centre will provide the foundation to drive impact and nurture future leaders in global society. . . . The program based near Oxford will enable these outstanding Africans to develop and enhance skills in leadership, governance, motivation, finance, technology and innovation. Providing access to some of the world’s most inspirational leaders, ensuring enhanced human capital of young Africans to help their businesses grow and to accelerate Africa’s economic and social development.’’

To view the full press release, visit https://ibn.fm/3Zy4y

About Tingo Inc.

Tingo, through its wholly owned subsidiary, Tingo Mobile, is the leading agri-fintech company operating in Africa, with a marketplace platform that empowers social upliftment through mobile, technology and financial access for rural farming communities. Tingo Mobile’s novel “device as a service” model allows it to add market-leading applications to enable customers to trade, buy top ups, pay bills, and access insurance and lending services. With 9.3 million existing customers, Tingo Mobile is seeking to expand its operations across select markets in Africa. Tingo Mobile’s strategic plan is to become the eminent Pan-African agri-fintech business delivering social upliftment and financial inclusion to millions of SME farmers and women-led businesses. Tingo Mobile offers its comprehensive platform service through use of smartphones — “device as a service” using GSM technology — to empower a marketplace to enable subscribers/farmers within and outside of the agricultural sector to manage their commercial activities of growing and selling their production to market participants both domestically and internationally. For more information, visit the company’s website at www.TingoGroup.com.

NOTE TO INVESTORS: The latest news and updates relating to IWBB are available in the company’s newsroom at https://ibn.fm/TMNA

About BillionDollarClub

BillionDollarClub (BDC) is the exclusive home of the biggest and brightest companies covered by IBN, a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution to millions of social media followers, and (5) a full array of corporate communications solutions. This is the place you want to be, where every covered company has a market cap in excess of $1 billion. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled visibility, recognition and brand awareness. While IBN’s client list includes companies big and small, BillionDollarClub is the gold standard.

To receive SMS text alerts from BillionDollarClub, text “Billion” to 844-397-5787  (U.S. Mobile Phones Only)

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BillionDollarBreaks – MICT Inc. (NASDAQ: MICT) Regains Compliance with Nasdaq Listing Requirements

December 15, 2022 15:55:46

MICT (NASDAQ: MICT), which recently acquired the operating business and assets of Tingo (OTC: TMNA) (“Tingo Mobile Limited” or “Tingo Mobile”), announced that it has received a bid price compliance letter from the Nasdaq Stock Market LLC. The letter informs MICT that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) for continued listing on the Nasdaq. MICT was previously notified that it was not in compliance with the rule due to its common stock failing to meet the closing bid price of $1.00 or more for 30 consecutive business days. To regain compliance, the company was required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive trading days, which it met on Dec. 14, 2022. Darren Mercer, chief executive officer of MICT, said: “We are pleased to regain compliance with the Nasdaq listing requirements as we continue to focus on the integration of our recent acquisition, Tingo Mobile Limited, and deliver against our accelerated global expansion strategy.”

To view the full press release, visit https://ibn.fm/usSaa

About Tingo Inc./Tingo Mobile

Tingo, which is a wholly owned subsidiary of MICT, is the leading agri-fintech company operating in Africa, with a marketplace platform that empowers social upliftment through mobile, technology and financial access for rural farming communities. Tingo’s novel “device-as-a-service” model allows it to add market leading applications to enable customers to trade, buy top ups, pay bills, access insurance and lending services. With 9.3 million existing customers, Tingo is seeking to expand its operations across select markets in Africa. Tingo’s strategic plan is to become the eminent pan-African agri-fintech business delivering social upliftment and financial inclusion to millions of SME farmers and women-led businesses.

NOTE TO INVESTORS: The latest news and updates relating to TMNA are available in the company’s newsroom at https://ibn.fm/TMNA

About BillionDollarClub

BillionDollarClub (BDC) is the exclusive home of the biggest and brightest companies covered by IBN, a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution to millions of social media followers, and (5) a full array of corporate communications solutions. This is the place you want to be, where every covered company has a market cap in excess of $1 billion. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled visibility, recognition and brand awareness. While IBN’s client list includes companies big and small, BillionDollarClub is the gold standard.

To receive SMS text alerts from BillionDollarClub, text “Billion” to 844-397-5787  (U.S. Mobile Phones Only)

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Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: http://IBN.fm/Disclaimer

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BillionDollarBreaks – Tingo Inc. (TMNA) Operating Business, Assets Acquisition by MICT Completed

December 1, 2022 14:27:34

Tingo (OTC: TMNA), a leading agri-fintech business in Africa, has been acquired by MICT Inc. (NASDAQ: MICT); the transaction was completed today. According to the announcement, the agreement includes 100% ownership of Tingo Inc.’s operating business and assets, specifically its subsidiary, Tingo Mobile Limited; 100% consolidation of Tingo Mobile’s revenues and income; 100% consolidation of Tingo Mobile’s balance sheet; and the opportunity to “globalize and dollarize an already established rapidly growing and highly scalable fintech and agri-fintech business.” The transaction included MICT issuing 19.9% of its common stock to Tingo, together with Series A Preferred Stock and Series B Preferred Stock, each of which are convertible into shares of MICT’s common stock upon certain conditions being satisfied. MICT officials noted that the company had acquired what it believes is one of the world’s most exciting agri-fintech and fintech businesses, a business that is already highly profitable and that has delivered a number of major trade deals. “We are delighted to complete our merger with MICT, fulfilling our longstanding ambitions of achieving a NASDAQ listing for Tingo Mobile,” said Tingo Mobile founder Dozy Mmobuosi in the press release. “Today’s merger is enabling us to accelerate upon our ambitious global expansion strategy, which in turn is already beginning to dollarize our business, a trend that is expected to continue and grow throughout 2023 and beyond. With sizeable new opportunities in both Africa and southeast Asia already well advanced, being part of the MICT group strengthens the infrastructure and framework to support such rapid global expansion. The mutual benefits brought to each party by this transaction are already making material differences to the enlarged group. I remain very excited about the abundance of opportunities we have for Tingo Mobile and MICT, both in our immediate and long-term future.”

To view the full press release, visit https://ibn.fm/T5K0e

About Tingo Inc.

Tingo, through its wholly owned subsidiary, Tingo Mobile, is the leading agri-fintech company operating in Africa, with a marketplace platform that empowers social upliftment through mobile, technology and financial access for rural farming communities. Tingo Mobile’s novel “device as a service” model allows it to add market-leading applications to enable customers to trade, buy top ups, pay bills, and access insurance and lending services. With 9.3 million existing customers, Tingo Mobile is seeking to expand its operations across select markets in Africa. Tingo Mobile’s strategic plan is to become the eminent Pan-African agri-fintech business delivering social upliftment and financial inclusion to millions of SME farmers and women-led businesses. Tingo Mobile offers its comprehensive platform service through use of smartphones — “device as a service” using GSM technology — to empower a marketplace to enable subscribers/farmers within and outside of the agricultural sector to manage their commercial activities of growing and selling their production to market participants both domestically and internationally. For more information, visit the company’s website at www.TingoGroup.com.

NOTE TO INVESTORS: The latest news and updates relating to IWBB are available in the company’s newsroom at https://ibn.fm/TMNA

About BillionDollarClub

BillionDollarClub (BDC) is the exclusive home of the biggest and brightest companies covered by IBN, a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution to millions of social media followers, and (5) a full array of corporate communications solutions. This is the place you want to be, where every covered company has a market cap in excess of $1 billion. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled visibility, recognition and brand awareness. While IBN’s client list includes companies big and small, BillionDollarClub is the gold standard.

To receive SMS text alerts from BillionDollarClub, text “Billion” to 844-397-5787  (U.S. Mobile Phones Only)

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BillionDollarBreaks – Tingo Inc. (TMNA), MICT Inc. (NASDAQ: MICT) Announce Tingo Mobile PLC’s Launch of Key Partnerships

November 16, 2022 16:39:11

Tingo (OTC: TMNA) and MICT (NASDAQ: MICT) today announced that Tingo Mobile, which is being wholly acquired by MICT with a scheduled completion date of Nov. 30, 2022, has launched its partnership with the All Farmers Association of Nigeria (“AFAN”) ahead of schedule. Through its recently disclosed trade deal with Tingo Mobile, AFAN has committed to deliver a minimum of 20 million additional subscribers, which would more than triple Tingo Mobile’s existing customer base of 9.3 million. Tingo Mobile also launched its pan-African partnership with leading global payments technology company, Visa, with the rollout a range of new products and services including Tingo Visa digital payment cards, a Tingo Mobile secure payment service and a Tingo Mobile Point of Sale merchant service. “We are honored to have both AFAN and Visa as our partners,” said Dozy Mmobuosi, Tingo founder and CEO. “It was only a small number of weeks ago that we announced our trade deal with AFAN, so to be in a position where we have launched our partnership with them today, ahead of schedule, is a huge achievement. We are particularly pleased we have been able to arrange both the AFAN and Visa partnership launches to coincide with National Farmers’ Day celebration, which has allowed us to support this important event on Nigeria’s agricultural sector’s calendar.”

To view the full press release, visit https://ibn.fm/nRzoZ

About Tingo Inc.

Tingo is the leading agri-fintech company operating in Africa, with a marketplace platform that empowers social upliftment through mobile, technology and financial access for rural farming communities. Tingo’s novel “device-as-a-service” model allows it to add market leading applications to enable customers to trade, buy top ups, pay bills, access insurance and lending services. With 9.3 million existing customers, Tingo is seeking to expand its operations across select markets in Africa. Tingo’s strategic plan is to become the eminent pan-African agri-fintech business delivering social upliftment and financial inclusion to millions of SME farmers and women-led businesses. For more information about the company, visit www.TingoInc.com.

NOTE TO INVESTORS: The latest news and updates relating to TMNA are available in the company’s newsroom at https://ibn.fm/TMNA

About BillionDollarClub

BillionDollarClub (BDC) is the exclusive home of the biggest and brightest companies covered by IBN, a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution to millions of social media followers, and (5) a full array of corporate communications solutions. This is the place you want to be, where every covered company has a market cap in excess of $1 billion. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled visibility, recognition and brand awareness. While IBN’s client list includes companies big and small, BillionDollarClub is the gold standard.

To receive SMS text alerts from BillionDollarClub, text “Billion” to 844-397-5787  (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: http://IBN.fm/Disclaimer

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BillionDollarBreaks – Tingo Inc. (TMNA) Announces Strong Q3 2022 Results, Positioned for Continued Growth and Acceleration of Expansion Strategy

November 14, 2022 13:00:56

Tingo (OTC: TMNA) today announced that it has filed its quarterly report on Form 10-Q, wherein the company reported its financial results for the three and nine months ended Sept. 30, 2022. Among the highlights, the company reported growth in its Nwassa agri-fintech business that has driven increases of 64.8 % in revenues and 53.9 % in operating profit as compared to Q3 2021. In addition, the company reported that it has filed a definitive Information Statement on Schedule 14C, marking a major milestone towards completion of the merger of Tingo Mobile PLC, the company’s sole operating subsidiary (“Tingo Mobile”), with MICT Inc. (NASDAQ: MICT), a Nasdaq-traded financial technology firm. MICT also announced its operating results for the third quarter of 2022, which reflected a 15% increase in quarter-over-quarter revenue, as well as a 54% quarter-over-quarter increase and 16% year-over-year increase in gross profit.

“We are pleased to once again report a strong set of results, where we have achieved further robust growth in both revenue and earnings. With our revenues now tracking at almost $1.2 billion per annum , and operating income tracking at approximately $600 million per annum, we believe the company is well positioned to deliver a further increase in profitability in Q4 2022, followed by an acceleration in growth in 2023,” said Tingo’s CEO Dozy Mmobuosi. “The combination of our growth in revenues and earnings from our existing customer base and our expansion into new products, such as Tingo Mobile, as well as our signing of significant new trade deals and our international expansion, gives us significant potential for both short-term and long-term growth. In addition, our soon to be completed merger with MICT is allowing us to accelerate a number of key parts of our expansion strategy, including in relation to the forthcoming launch of a commodity platform and our export business. Most importantly, as we continue to deliver against strategy, we remain focused on our vision and over-arching objective of striving to make a difference towards improving global food supply and tackling the world’s food security crisis.”

To view the full press releases, visit https://ibn.fm/732hh and https://ibn.fm/LdgaM

About Tingo Inc.

Tingo is the leading agri-fintech company operating in Africa, with a marketplace platform that empowers social upliftment through mobile, technology and financial access for rural farming communities. Tingo’s novel “device-as-a-service” model allows it to add market leading applications to enable customers to trade, buy top ups, pay bills, access insurance and lending services. With 9.3 million existing customers, Tingo is seeking to expand its operations across select markets in Africa. Tingo’s strategic plan is to become the eminent pan-African agri-fintech business delivering social upliftment and financial inclusion to millions of SME farmers and women-led businesses. For more information about the company, visit www.TingoInc.com.

NOTE TO INVESTORS: The latest news and updates relating to TMNA are available in the company’s newsroom at https://ibn.fm/TMNA

About BillionDollarClub

BillionDollarClub (BDC) is the exclusive home of the biggest and brightest companies covered by IBN, a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution to millions of social media followers, and (5) a full array of corporate communications solutions. This is the place you want to be, where every covered company has a market cap in excess of $1 billion. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled visibility, recognition and brand awareness. While IBN’s client list includes companies big and small, BillionDollarClub is the gold standard.

To receive SMS text alerts from BillionDollarClub, text “Billion” to 844-397-5787  (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: http://IBN.fm/Disclaimer

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BillionDollarClub is part of the InvestorBrandNetwork.

BillionDollarBreaks – Tingo Inc. (TMNA) Announces Launch of Operations in Ghana, Entry into Landmark Trade Deal with the Kingdom of Ashanti

November 10, 2022 11:41:01

Tingo (OTC: TMNA) today announced that Tingo Mobile PLC (“Tingo Mobile”) has opened a head office in Accra, Ghana, and has launched nationwide operations. According to the update, Tingo Mobile’s business in Ghana is held through a wholly owned subsidiary, Tingo Mobile Ghana Ltd (“Tingo Ghana”). To coincide with the launch, Tingo Ghana has agreed on a landmark trade deal with the Kingdom of Ashanti, through the Ashanti Kingdom Investment Trust. Under the terms, the Ashanti Kingdom Investment Trust has committed to enroll a minimum of 2 million new members with Tingo within 120 days of signing and has agreed on a target to increase such enrollments to at least 4 million members.

“When we announced our merger with MICT earlier this year, we explained that one of the key rationales for the transaction was MICT’s ability to help accelerate the globalization and dollarization of our business. As we move towards completion of the merger later this month, today’s launch into Ghana is tangible evidence of the strategy’s execution between MICT and Tingo and represents an important milestone in our international expansion,” said Tingo Mobile CEO and Founder Dozy Mmobuosi. “Having significantly strengthened our dominant position in Nigeria through our recent partnership with AFAN, our goal is to roll out the Tingo Mobile model throughout Africa, and into other parts of the world, where we strive to foster digital and financial inclusion, increase food production efficiency, and improve food security. Through our rapid growth in Nigeria, we have already demonstrated the effectiveness of our business model, including helping farmers increase crop yields, reducing post-harvest losses, and achieving better prices for their crops, and we look forward to bringing the same benefits to the farmers of Ghana.”

To view the full press release, visit https://ibn.fm/8uwOz

About Tingo Inc.

Tingo is the leading agri-fintech company operating in Africa, with a marketplace platform that empowers social upliftment through mobile, technology and financial access for rural farming communities. Tingo’s novel “device-as-a-service” model allows it to add market leading applications to enable customers to trade, buy top ups, pay bills, access insurance and lending services. With 9.3 million existing customers, Tingo is seeking to expand its operations across select markets in Africa. Tingo’s strategic plan is to become the eminent pan-African agri-fintech business delivering social upliftment and financial inclusion to millions of SME farmers and women-led businesses. For more information about the company, visit www.TingoInc.com.

NOTE TO INVESTORS: The latest news and updates relating to TMNA are available in the company’s newsroom at https://ibn.fm/TMNA

About BillionDollarClub

BillionDollarClub (BDC) is the exclusive home of the biggest and brightest companies covered by IBN, a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution to millions of social media followers, and (5) a full array of corporate communications solutions. This is the place you want to be, where every covered company has a market cap in excess of $1 billion. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled visibility, recognition and brand awareness. While IBN’s client list includes companies big and small, BillionDollarClub is the gold standard.

To receive SMS text alerts from BillionDollarClub, text “Billion” to 844-397-5787  (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: http://IBN.fm/Disclaimer

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BillionDollarBreaks – Marathon Digital Holdings Inc. (NASDAQ: MARA) Announces Q3 2022 Results

November 9, 2022 12:50:15

Marathon Digital Holdings (NASDAQ: MARA) has reported its financial and operational results for the quarter ended Sept. 30, 2022. “The third quarter of 2022 was a transition and rebuilding period at Marathon, during which we fully exited the Hardin facility in Montana and began energizing servers at new locations, most notably the 280-megawatt data center that resides behind the meter at the King Mountain wind farm in McCamey, Texas,” said Fred Thiel, Marathon’s chairman and CEO. “We sequentially improved our bitcoin production each month during the quarter as we rebuilt our hash rate from approximately 0.7 exahashes per second in early July to 3.8 exahashes per second by September 30. This progress continued subsequent to the quarter’s end as we increased our hash rate an additional 84% to approximately 7 exahashes per second by November 1. We also realized our highest production month to date in October when we produced 615 bitcoin, nearly equal to our entire production during the third quarter. We believe Marathon has a strong foundation on which we can continue to build our hash rate. Our near-term goal is to reach approximately 9.0 exahashes per second by the end of the year, and we continue to target 23 exahashes per second near the middle of 2023 as we strive to establish our position as a leader in supporting and securing the bitcoin ecosystem.”

To view the full press release, visit https://ibn.fm/r4geO

About Marathon Digital Holdings Inc.

Marathon is a digital asset technology company that focuses on supporting and securing the bitcoin ecosystem. The company is currently in the process of becoming one of the largest and most sustainably powered bitcoin mining operations in North America, while remaining asset light. For more information about the company, visit www.MarathonDH.com.

About BillionDollarClub

BillionDollarClub (BDC) is the exclusive home of the biggest and brightest companies covered by IBN, a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution to millions of social media followers, and (5) a full array of corporate communications solutions. This is the place you want to be, where every covered company has a market cap in excess of $1 billion. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled visibility, recognition and brand awareness. While IBN’s client list includes companies big and small, BillionDollarClub is the gold standard.

To receive SMS text alerts from BillionDollarClub, text “Billion” to 844-397-5787  (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: http://IBN.fm/Disclaimer

BillionDollarClub (BDC)
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www.BillionDollarClub.com
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BillionDollarClub is part of the InvestorBrandNetwork.

BillionDollarBreaks – Canaan Inc. (NASDAQ: CAN) Announces Plans to Release Q3 2022 Financial Report

November 4, 2022 11:31:45

Canaan (NASDAQ: CAN), a leading high-performance computing solutions provider, will release its financial results for its Q3, the period September 30, 2022, on Nov. 14, 2022, before the U.S. market opens. In addition, the company announced that it will host a conference call that morning to discuss the earnings report; the call is slated to begin at 7 a.m. ET. Those interested can register for the event and will receive information, including dial-in numbers and an access PIN, to call in. Members of Canaan’s leadership team will facilitate the event, which will also include a Q&A session. In addition, a live webcast of the call will be available on the company’s investor relations website; an archived recording of the call will also be available following the event.

To register for the call, visit https://ibn.fm/w1VS3

To view the full press release, visit https://ibn.fm/EDvbb

About Canaan Inc.

Established in 2013, Canaan is a technology company focusing on ASIC high-performance computing chip design, chip research and development, computing equipment production and software services. The company’s vision states that “super computing is what we do, social enrichment is why we do it.” Canaan has rich experience in chip design and streamlined production in the ASIC field. In 2013, the company released and mass produced its first ASIC Bitcoin mining machine. In 2018, Canaan released the world’s first 7nm ASIC chip, providing energy-efficient computing equipment to the cryptocurrency mining industry. In the same year, Canaan released the world’s first RISC-V architecture commercial edge AI chip, further harnessing the potential of ASIC technology in the field of high-performance computing and artificial intelligence. For additional information about this company, visit www.Canaan.io.

About BillionDollarClub

BillionDollarClub (BDC) is the exclusive home of the biggest and brightest companies covered by IBN, a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution to millions of social media followers, and (5) a full array of corporate communications solutions. This is the place you want to be, where every covered company has a market cap in excess of $1 billion. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled visibility, recognition and brand awareness. While IBN’s client list includes companies big and small, BillionDollarClub is the gold standard.

To receive SMS text alerts from BillionDollarClub, text “Billion” to 844-397-5787  (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: http://IBN.fm/Disclaimer

BillionDollarClub (BDC)
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BillionDollarClub is part of the InvestorBrandNetwork.

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Now Available in AWS Marketplace

October 21, 2022 11:10:37

D-Wave Quantum Inc. (NYSE: QBTS), a leader in quantum computing systems, software and services, and the only quantum computing company building both annealing and gate-model quantum computers, has launched in AWS Marketplace. The first and only pure-play quantum computing company with offerings available in AWS Marketplace, D-Wave’s offerings will include the Leap(TM) quantum cloud service, which offers real-time access to D-Wave’s state-of-the-art quantum computers as well as a quantum-classical hybrid solver service that can process problems with up to one million variables and 100,000 constraints.

D-Wave’s AWS Marketplace listings also include: Quantum Proof of Concept, which enables users to validate a selected quantum use case through problem discovery, problem definition, development of an initial prototype solution and testing with representative application data; Quantum Feature Selection for Machine Learning, which focuses on utilizing quantum hybrid approaches to optimize feature selection in model training and prediction; and Quantum Consulting Services, which combines technical enablement, products and services.

“The era of commercial quantum computing is here,” said D-Wave Quantum senior vice president of growth Mark Snedeker in the press release. “Forward-looking organizations are increasingly turning to quantum computing to find solutions for today’s complex and computationally intensive business problems, ultimately to reduce costs and increase revenue. By launching in AWS Marketplace, we’re introducing our Leap quantum computing service to AWS customers, enabling them to quickly and easily start deriving business value from quantum computing, today.”

To view the full press release, visit https://ibn.fm/j6GZp

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software and services, and is the world’s first commercial supplier of quantum computers — and the only company building both annealing quantum computers and gate-model quantum computers. The company’s mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection and financial modeling. D-Wave systems are being used by some of the world’s most advanced organizations, including NEC Corporation, Volkswagen, DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California and Los Alamos National Laboratory. For more information about the company, please visit www.DWaveSys.com.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

About BillionDollarClub

BillionDollarClub (BDC) is the exclusive home of the biggest and brightest companies covered by IBN, a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution to millions of social media followers, and (5) a full array of corporate communications solutions. This is the place you want to be, where every covered company has a market cap in excess of $1 billion. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled visibility, recognition and brand awareness. While IBN’s client list includes companies big and small, BillionDollarClub is the gold standard.

To receive SMS text alerts from BillionDollarClub, text “Billion” to 844-397-5787  (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: http://IBN.fm/Disclaimer

BillionDollarClub (BDC)
Los Angeles, California
www.BillionDollarClub.com
310.299.1717 Office
Editor@BillionDollarClub.com

BillionDollarClub is part of the InvestorBrandNetwork.

D-Wave Quantum Inc. (NYSE: QBTS) Offers Quantum Computing Solutions to Help Enterprises Solve Optimization Business Challenges, Today

October 3, 2022 10:35:00
  • 40% of large enterprises are already experimenting with quantum computing to solve some of their most complex problems, according to 451 Research
  • Optimization problems make up a significant portion of the enterprise problem universe, and annealing quantum computers are uniquely effective at solving these types of problems
  • D-Wave is the only provider building both annealing and gate-model quantum computers that provide opportunities for businesses looking to optimize at scale

The classical computer architecture relies on binary coding, which assigns values of 0 or 1, limiting the decision-making process to a return result of one. The binary space cannot handle large volumes of data with many variables and requires those loading the data to compress, reduce, or limit the data being processed, resulting in lower quality solutions. Businesses representing a variety of industries, like manufacturing, logistics, financial services, and life sciences, rely on optimization to help them tackle common obstacles and problems in the computing world – which binary coding cannot support at scale.

The quantum computing framework is multi-dimensional. Using qubits, quantum computers can represent superposition states between 0 and 1, allowing them to represent an exponentially larger state of space to process and store data. With the limitations of classical computers becoming more…

Read More>>

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

About BillionDollarClub

BillionDollarClub (BDC) is the exclusive home of the biggest and brightest companies covered by IBN, a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution to millions of social media followers, and (5) a full array of corporate communications solutions. This is the place you want to be, where every covered company has a market cap in excess of $1 billion. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled visibility, recognition and brand awareness. While IBN’s client list includes companies big and small, BillionDollarClub is the gold standard.

To receive SMS text alerts from BillionDollarClub, text “Billion” to 844-397-5787  (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: http://IBN.fm/Disclaimer

BillionDollarClub (BDC)
Los Angeles, California
www.BillionDollarClub.com
310.299.1717 Office
Editor@BillionDollarClub.com

BillionDollarClub is part of the InvestorBrandNetwork.

D-Wave Quantum Inc. (NYSE: QBTS) Providing Quantum Applications for Life Sciences Industry With Potential to Transform Discovery, Production, and More

September 27, 2022 08:05:00
  • Quantum computing provides companies with promising new technologies that have the potential to streamline the drug development and patient trial processes, potentially finding greater efficiencies than classical computing systems
  • D-Wave has demonstrated that annealing quantum computers could play a transformational role in the life sciences industry, as illustrated by the company’s work with Menten AI and its achievements in protein design

The life sciences industry is centered around researching, developing, and manufacturing products to improve the lives of humans – including drug discovery. Drug discovery is a high-risk, high-reward field that helps to deliver life-changing clinical benefits to millions of patients.

Through quantum computing, pharma and biotech companies may be able to stack the odds in their favor through promising new technologies. D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems and software, focused on delivering customer value via…

Read More>>

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

About BillionDollarClub

BillionDollarClub (BDC) is the exclusive home of the biggest and brightest companies covered by IBN, a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution to millions of social media followers, and (5) a full array of corporate communications solutions. This is the place you want to be, where every covered company has a market cap in excess of $1 billion. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled visibility, recognition and brand awareness. While IBN’s client list includes companies big and small, BillionDollarClub is the gold standard.

To receive SMS text alerts from BillionDollarClub, text “Billion” to 844-397-5787  (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: http://IBN.fm/Disclaimer

BillionDollarClub (BDC)
Los Angeles, California
www.BillionDollarClub.com
310.299.1717 Office
Editor@BillionDollarClub.com

BillionDollarClub is part of the InvestorBrandNetwork.

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Demonstrates Large-Scale Coherence

September 16, 2022 09:50:15

D-Wave (NYSE: QBTS), a leader in quantum computing systems, software and services, has published a peer-reviewed milestone study of the first large-scale demonstration of coherent quantum annealing. For the first time, the research exhibits dynamics of a quantum phase transition in a large-scale programmable quantum annealing processor using up to 2000 qubits in a D-Wave processor.

The announcement reads, “The paper—a collaboration between scientists from D-Wave, the University of Southern California, the Tokyo Institute of Technology, and Saitama Medical University—entitled ‘Coherent quantum annealing in a programmable 2000-qubit Ising chain,’ was published in the peer-reviewed journal Nature Physics today and is available here. The study shows that the fully programmable D-Wave quantum processor can be used as an accurate simulator of coherent quantum dynamics at large scales. This was demonstrated showing the patterns of ‘kinks’ separating correlated spins in almost perfect agreement with exact analytical solutions of the famous Schrodinger equation for an ideal quantum system, completely isolated from outside noise. The density and spacing of kinks depend on, among other things, the speed and ‘quantumness’ of the experiment. Measurements of single-qubit parameters were shown to accurately predict the behavior of systems from 8 to 2000 qubits, demonstrating high levels of control in quantum simulations at all scales.”

“Coherence is the holy grail of quantum computing. By simulating a closed quantum system with no thermal effects at a large scale, we can glean invaluable insights into our processors’ computational power and thus increase the ability to find high quality solutions for our customers,” said Alan Baratz, CEO of D-Wave. “Ongoing advances in coherence times are an important priority for both our annealing and gate-model programs. The demonstration of large-scale coherence is another step towards demonstrating practical quantum advantage, and today’s research is a significant step towards that milestone.”

To view the full press release, visit https://ibn.fm/iHeMZ

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software and services, and is the world’s first commercial supplier of quantum computers — and the only company building both annealing quantum computers and gate-model quantum computers. The company’s mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection and financial modeling. D-Wave’s products are being used by some of the world’s most advanced organizations, including NEC Corporation, Volkswagen, DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California, and Los Alamos National Laboratory. For more information about the company, visit www.DWaveSys.com.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

About BillionDollarClub

BillionDollarClub (BDC) is the exclusive home of the biggest and brightest companies covered by IBN, a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution to millions of social media followers, and (5) a full array of corporate communications solutions. This is the place you want to be, where every covered company has a market cap in excess of $1 billion. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled visibility, recognition and brand awareness. While IBN’s client list includes companies big and small, BillionDollarClub is the gold standard.

To receive SMS text alerts from BillionDollarClub, text “Billion” to 844-397-5787  (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: http://IBN.fm/Disclaimer

BillionDollarClub (BDC)
Los Angeles, California
www.BillionDollarClub.com
310.299.1717 Office
Editor@BillionDollarClub.com

BillionDollarClub is part of the InvestorBrandNetwork.

Research from D-Wave Quantum Inc. (NYSE: QBTS) Demonstrates Large-Scale Coherent Quantum Annealing

September 16, 2022 08:05:00
  • D-Wave has announced first ever demonstration of large-scale coherence in quantum annealers
  • New research findings open the door to simulations of exotic phases of matter (unusual states of matter, outside of liquid, solid or gas, that make up the universe) 
  • The company is further exploring the potential of annealing quantum computing for future products, services, and software applications

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, is focused on delivering customer value via practical quantum applications for problems such as logistics, artificial intelligence, materials science, drug discovery, scheduling, fault detection, and financial modeling, and is the only provider building both annealing and gate-model quantum computers. Through its products, the company is unlocking commercial use cases in optimization today while building the technologies that enable new solutions for tomorrow.

Quantum annealing technology is a quantum computing method used to find the optimal solution to problems with many possible solutions by exploiting properties specific to quantum physics. Quantum annealing uses a cooling process, where the temperature is replaced by quantum energy, and the…

Read More>>

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

About BillionDollarClub

BillionDollarClub (BDC) is the exclusive home of the biggest and brightest companies covered by IBN, a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution to millions of social media followers, and (5) a full array of corporate communications solutions. This is the place you want to be, where every covered company has a market cap in excess of $1 billion. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled visibility, recognition and brand awareness. While IBN’s client list includes companies big and small, BillionDollarClub is the gold standard.

To receive SMS text alerts from BillionDollarClub, text “Billion” to 844-397-5787  (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: http://IBN.fm/Disclaimer

BillionDollarClub (BDC)
Los Angeles, California
www.BillionDollarClub.com
310.299.1717 Office
Editor@BillionDollarClub.com

BillionDollarClub is part of the InvestorBrandNetwork.

BillionDollarBreaks – D-Wave Quantum Inc.’s (NYSE: QBTS) Trailblazing Efforts in Quantum Market Featured in Bell2Bell Podcast

September 13, 2022 12:17:24

D-Wave (NYSE: QBTS), a leader in quantum computing systems, software and services, was featured in the Bell2Bell Podcast, a part of IBN’s (“InvestorBrandNetwork”) sustained effort to provide specialized content distribution via widespread syndication channels. Dr. Alan Baratz, CEO of D-Wave, joined the latest episode to introduce D-Wave and discuss its position as a trailblazer in quantum computing.

“D-Wave is the first and only commercial quantum computing company. While everybody else in the quantum space is talking about government research grants as revenue, and national labs and academic institutions as customers, we talk about companies like Mastercard, PayPal, Johnson & Johnson, GlaxoSmithKline, Volkswagen, Toyota, and Deloitte,” Dr. Baratz said. “These are our customers – all working on real business applications to benefit their operations. While everybody else is focused on building a product, we’re focused on building a market for quantum.”

To view the full press release, visit https://ibn.fm/dBfh0

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software and services, and is the world’s first commercial supplier of quantum computers — and the only company building both annealing quantum computers and gate-model quantum computers. The company’s mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection and financial modeling. D-Wave’s technology is being used by some of the world’s most advanced organizations, including NEC Corporation, Volkswagen, DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California, and Los Alamos National Laboratory. For more information about the company, visit www.DWaveSys.com.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

About BillionDollarClub

BillionDollarClub (BDC) is the exclusive home of the biggest and brightest companies covered by IBN, a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution to millions of social media followers, and (5) a full array of corporate communications solutions. This is the place you want to be, where every covered company has a market cap in excess of $1 billion. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled visibility, recognition and brand awareness. While IBN’s client list includes companies big and small, BillionDollarClub is the gold standard.

To receive SMS text alerts from BillionDollarClub, text “Billion” to 844-397-5787  (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: http://IBN.fm/Disclaimer

BillionDollarClub (BDC)
Los Angeles, California
www.BillionDollarClub.com
310.299.1717 Office
Editor@BillionDollarClub.com

BillionDollarClub is part of the InvestorBrandNetwork.

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) ‘Heralding Next Wave of Computing’

September 8, 2022 12:31:28

D-Wave (NYSE: QBTS) is a leader in quantum computing systems, software and services. Positioned as the only company building both quantum annealing and gate-based quantum computers, D-Wave is committed to delivering customer value through practical applications for complex problems.

“D-Wave’s quantum computers use qubits, representing many values between zero and one, as well as zero and one simultaneously. Classical computers can only process set values of zero or one, making the ability to solve many complex problems impossible with classical systems. D-Wave’s quantum computing products enable companies to solve complex problems across multiple industries, including financial services, manufacturing and logistics, and life sciences sectors,” reads a recent article. “D-Wave’s current product offerings include Advantage(TM), a fifth-generation quantum computer; Leap(TM), the only real-time quantum cloud service; Launch(TM), a quantum computing onboarding service; and Ocean(TM), a full suite of open-source programming tools.”

Alan Baratz, CEO of D-Wave, was quoted as saying, “We are heralding the next wave of computing. Just like the creation of the PC, the emergence of the internet, and the proliferation of smartphones and voice assistants, it is our belief that quantum will have far-reaching and industry-disrupting impact, especially in the financial sector.”

To view the full article, visit https://ibn.fm/TSBp7

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software and services, and is the world’s first commercial supplier of quantum computers — and the only company building both annealing quantum computers and gate-model quantum computers. The company’s mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, fault detection and financial modeling. D-Wave’s technology is being used by some of the world’s most advanced organizations, including NEC Corporation, Volkswagen, DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California, and Los Alamos National Laboratory. For more information about the company, please visit www.DWaveSys.com.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

About BillionDollarClub

BillionDollarClub (BDC) is the exclusive home of the biggest and brightest companies covered by IBN, a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution to millions of social media followers, and (5) a full array of corporate communications solutions. This is the place you want to be, where every covered company has a market cap in excess of $1 billion. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled visibility, recognition and brand awareness. While IBN’s client list includes companies big and small, BillionDollarClub is the gold standard.

To receive SMS text alerts from BillionDollarClub, text “Billion” to 844-397-5787  (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: http://IBN.fm/Disclaimer

BillionDollarClub (BDC)
Los Angeles, California
www.BillionDollarClub.com
310.299.1717 Office
Editor@BillionDollarClub.com

BillionDollarClub is part of the InvestorBrandNetwork.

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Helping Companies Across Various Sectors Implement Quantum Computing Solutions

August 30, 2022 12:17:45

D-Wave (NYSE: QBTS), a leader in quantum computing systems, software and services and the only company building both quantum annealing and gate-based quantum computers, has expanded its portfolio with a growing stream of customers. Through an innovative new program, D-Wave is helping companies from a variety of industries, including manufacturing and logistics, financial services and life sciences, as they show increasing interest in evaluating the benefits of quantum computing solutions.

A recent article reads, “With a commitment to making quantum solution implementation as easy as possible for its customers, D-Wave designed the Launch(TM) program. The program’s goal is to help companies across a multitude of verticals get started with quantum computing by identifying the right types of business problems to run on a quantum computer and developing solutions to address these complex challenges through its proprietary annealing quantum computing and quantum hybrid technologies. The four-step D-Wave Launch(TM) program engages an in-house professional services team and technical domain experts to kick off quantum projects, provide the necessary quantum training for teams, and realize business value faster.”

To view the full article, visit https://ibn.fm/b4GGL

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software and services, and is the world’s first commercial supplier of quantum computers — and the only company building both annealing quantum computers and gate-model quantum computers. The company’s mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, fault detection and financial modeling. D-Wave’s technology is being used by some of the world’s most advanced organizations, including NEC Corporation, Volkswagen, DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California, and Los Alamos National Laboratory. For more information about the company, please visit www.DWaveSys.com.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

About BillionDollarClub

BillionDollarClub (BDC) is the exclusive home of the biggest and brightest companies covered by IBN, a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution to millions of social media followers, and (5) a full array of corporate communications solutions. This is the place you want to be, where every covered company has a market cap in excess of $1 billion. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled visibility, recognition and brand awareness. While IBN’s client list includes companies big and small, BillionDollarClub is the gold standard.

To receive SMS text alerts from BillionDollarClub, text “Billion” to 844-397-5787  (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: http://IBN.fm/Disclaimer

BillionDollarClub (BDC)
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www.BillionDollarClub.com
310.299.1717 Office
Editor@BillionDollarClub.com

BillionDollarClub is part of the InvestorBrandNetwork.

BillionDollarBreaks – Tingo Inc. (TMNA) Releases Strong Q2 2022 Results

August 23, 2022 10:06:57

Tingo (OTC: TMNA) today announced that it has filed its quarterly report on Form 10-Q, wherein the company reported its financial results for the three and six months ended June 30, 2022. Among the highlights, the company announced net revenues totaling $268.7 million for Q2 2022 vs. $100.7 million for Q2 2021, an increase of 166.8%. In addition, Tingo’s Q2 2022 gross profit amounted to $164.2 million, an increase of 208.6% versus Q2 2021 gross profit of $53.2 million. “We are again pleased to announce a strong operating performance for the second quarter of 2022, building on a strong first quarter and continuing to deliver growth of our agri-fintech business,” said Tingo CEO Dozy Mmobuosi. “At the end of the second quarter, our Nwassa platform accounted for almost 50% of total revenue, with more than $5 billion in gross transactions processed through our payments system. We are on track to launch the Tingo SuperApp in the second half of this year, which should provide even greater commercial opportunities and financial empowerment for our existing customers, as well as further incentive to other farmers and potential new customers to become subscribers and utilize our marketplace and fintech platforms. We also look forward to completing our merger with MICT, with the aim of accelerating our expansion throughout Africa, and into Asia and other key new markets.”

To view the full press release, visit https://ibn.fm/emhvb

About Tingo Inc.

Tingo is the leading agri-fintech company operating in Africa, with a marketplace platform that empowers social upliftment through mobile, technology and financial access for rural farming communities. Tingo’s novel “device-as-a-service” model allows it to add market leading applications to enable customers to trade, buy top ups, pay bills, access insurance and lending services. With 9.3 million existing customers, Tingo is seeking to expand its operations across select markets in Africa. Tingo’s strategic plan is to become the eminent pan-African agri-fintech business delivering social upliftment and financial inclusion to millions of SME farmers and women-led businesses. For more information about the company, visit www.TingoInc.com.

NOTE TO INVESTORS: The latest news and updates relating to TMNA are available in the company’s newsroom at https://ibn.fm/TMNA

About BillionDollarClub

BillionDollarClub (BDC) is the exclusive home of the biggest and brightest companies covered by IBN, a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution to millions of social media followers, and (5) a full array of corporate communications solutions. This is the place you want to be, where every covered company has a market cap in excess of $1 billion. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled visibility, recognition and brand awareness. While IBN’s client list includes companies big and small, BillionDollarClub is the gold standard.

To receive SMS text alerts from BillionDollarClub, text “Billion” to 844-397-5787  (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: http://IBN.fm/Disclaimer

BillionDollarClub (BDC)
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www.BillionDollarClub.com
310.299.1717 Office
Editor@BillionDollarClub.com

BillionDollarClub is part of the InvestorBrandNetwork.

D-Wave Quantum Inc. (NYSE: QBTS) Quantum Computing Technology Is Providing Solutions to Complex Problems Experienced Across Multiple Industries

August 23, 2022 09:35:00
  • D-Wave is the only provider building both annealing and gate-model quantum computers that offers solutions to complex problems that classical computers may not be able to process
  • The company provides value through practical applications for problems across logistics, artificial intelligence, materials science, drug discovery, scheduling, fraud detection, financial modeling, and more.
  • D-Wave is hosting the upcoming Qubits conference (October 11-13, 2022), one of quantum industry’s premiere and informative quantum for business events, with speakers featuring quantum pioneers including Mastercard, Johnson & Johnson, Fidelity, Schlumberger, and more

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems and software solutions, is focused on delivering customer value through practical applications for problems such as logistics, artificial intelligence, materials science, drug discovery, scheduling, fraud detection, and financial modeling. The company is the only provider building both annealing and gate-model quantum computers.

D-Wave’s quantum computers use qubits, representing many values between zero and one, as well as zero and one simultaneously. Classical computers can only process set values of zero or one, making the ability to solve many complex problems impossible with classical systems. D-Wave’s…

Read More>>

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

About BillionDollarClub

BillionDollarClub (BDC) is the exclusive home of the biggest and brightest companies covered by IBN, a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution to millions of social media followers, and (5) a full array of corporate communications solutions. This is the place you want to be, where every covered company has a market cap in excess of $1 billion. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled visibility, recognition and brand awareness. While IBN’s client list includes companies big and small, BillionDollarClub is the gold standard.

To receive SMS text alerts from BillionDollarClub, text “Billion” to 844-397-5787  (U.S. Mobile Phones Only)

For more information, please visit https://www.BillionDollarClub.com

Please see full terms of use and disclaimers on the BillionDollarClub website applicable to all content provided by BDC, wherever published or re-published: http://IBN.fm/Disclaimer

BillionDollarClub (BDC)
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www.BillionDollarClub.com
310.299.1717 Office
Editor@BillionDollarClub.com

BillionDollarClub is part of the InvestorBrandNetwork.

D-Wave Quantum Inc. (NYSE: QBTS) Launch(TM) Program Provides Onboarding Professional Services for Quantum Computing Across a Variety of Industries, including Manufacturing and Logistics, Financial Services, and Life Sciences

August 17, 2022 10:05:00
  • D-Wave is the only company building both annealing and gate-based quantum computers and applications, encouraging a growing stream of customers
  • D-Wave works with more than two dozen of the Forbes Global 2000 companies and has recently added customers including Deloitte, Koç Holding, CaixaBank, CoSyne Therapeutics, and Qcenter/SKK University
  • D-Wave Launch(TM) helps customers from a variety of industries discover and deploy the right quantum computing use cases for their unique business challenges

As the only company building annealing and gate-based quantum computers, D-Wave Quantum (NYSE: QBTS) has a growing stream of customers in its portfolio, including more than two dozen Forbes Global 2000 companies, and has recently added Deloitte, Koç Holding, CaixaBank, CoSyne Therapeutics, and Qcenter/SKK University (https://ibn.fm/agSuA) to its customer roster.

Companies from a variety of industries, including manufacturing and logistics, financial services and life sciences, are showing increasing interest in evaluating the benefits of quantum computing solutions. D-Wave has worked with customers that have developed hundreds of early quantum computing…

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NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

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