IonQ Launches Forte Enterprise Quantum System Globally Through Amazon Braket
IonQ (IONQ, Financials) made its Forte Enterprise quantum computer globally available through Amazon Braket, a managed quantum service from Amazon Web Services, and IonQ's own cloud infrastructure, the company said in a statement.
Warning! GuruFocus has detected 3 Warning Signs with IONQ.
The Forte Enterprise system, which provides AQ36 algorithmic qubit performance, is IonQ's latest commercial-ready quantum offering and is aimed at enabling the development of real-world applications across industries including financial services, pharmaceuticals, life sciences, and manufacturing.
This release marks the latest milestone in IonQ's collaboration with Amazon Web Services, following the earlier inclusion of IonQ Aria and IonQ Forte quantum computers on the platform. The company said the new system meets Amazon's criteria for commercial availability.
IonQ said the Forte Enterprise system was built to accommodate modern data center requirements with a rack-mounted form factor and reduced energy and environmental isolation needs. It is intended to improve integration into enterprise computing environments.
Engineering software provider Ansys has already utilized the Forte generation systems to develop quantum-powered workflows for medical device design. The use case involved integrating quantum computing into Ansys' LS-DYNA multiphysics software to simulate real-world performance for healthcare innovations.
The global availability of Forte Enterprise coincides with IonQ's broader efforts to expand its data center footprint. The company said it now operates facilities in Washington, D.C., Seattle, and Basel, Switzerland, to support growing demand for enterprise-grade quantum solutions.
IonQ's broader strategy includes making its quantum technologies accessible through major cloud service providers. The company's hardware has been recognized for its performance and scalability in independent industry rankings, including Newsweek's 2025 Excellence Index 1000 and Forbes' list of Most Successful Mid-Cap Companies.
This article first appeared on GuruFocus.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
USA Today
11 hours ago
- USA Today
Amazon Stock: Buy, Hold or Sell?
Amazon Stock: Buy, Hold or Sell? Amazon has the ingredients to keep growing for a while. After touching a multi-year low of around $84 in early 2023, Amazon's (NASDAQ: AMZN) stock price has more than doubled to $200 (as of this writing), thanks to the improvement in financials. As the company moves forward on tailwinds such as artificial intelligence (AI) and facing headwinds such as the e-commerce slowdown, investors may wonder: Is now the time to buy, hold, or sell Amazon stock? Let's take a closer look. How did Amazon perform in 2024? First, a review of Amazon's recent performance, focusing on its 2024 performance. Overall, it was a solid year for several reasons. Amazon expanded revenue by 11% to $638 billion, thanks to growth across all three major segments. North America was up by 10%, international was up by 9%, and Amazon Web Services (AWS) was up by 19%. While an 11% revenue growth rate is not unusually high, it is still remarkable considering the scale that Amazon operates in. Moreover, while its top-line growth was solid, the highlight of Amazon's performance in 2024 was the massive improvements in its bottom line. Operating profit jumped 86% from $36.9 billion to $68.6 billion, due to profit growth across all segments. The rapid margin expansion demonstrates the giant's strong execution capabilities in managing its costs and the benefits of operating leverage. Operationally, Amazon continued to improve delivery speeds, with more than 65% more items delivered to Prime members the same day or overnight than in the fourth quarter of 2023. It also launched Amazon Haul, a new ultra-low-price shopping service in the U.S., to compete against low-cost players like Temu and Shein. Similarly, in its cloud computing business (AWS), the tech company delivered good progress in 2024, such as introducing its new Trainium2 AI chip, establishing its foundation models in Amazon Nova, and creating new models and features in Amazon Bedrock that give customers flexibility and cost savings. All these innovations help position the company in the ongoing AI race. In other words, despite its size, the tech giant is still executing well to delight its users and maintain its share in key markets. What are Amazon's prospects in the coming years? Amazon might have become a household name thanks to the success of its e-commerce business, but the most significant growth drivers in the next few years will likely come from other segments. The biggest winner will likely be AWS, which rides on megatrends like AI advancement and the ongoing migration to the cloud. For instance, the global AI market is expected to grow from $294 billion in 2024 to $1.772 billion by 2032, a compound average growth rate of 29%. As the most significant cloud computing player globally with a 30% market share, AWS is primed to benefit from this once-in-a-generation trend. Another business gaining traction (which could accelerate further in the coming years) is Amazon's advertising business. Centered around Prime Video and Amazon Search, the advertising business generated $14 billion in revenue in the first quarter of 2025, up 18% year over year. This segment grew even faster than AWS (up 17% in the same quarter). Like AWS, advertising is a high-margin business, which will likely contribute to a margin expansion for the giant over time. Unlike the previous two businesses, the e-commerce segment could see a mixed performance in the coming years. On the positive end, Amazon can leverage its massive scale to gain market share from traditional brick-and-mortar shopping and expand in emerging markets like India. The downside is that it has to deal with the uncertainties of tariffs and emerging competitors like Temu and Shein. So, while Amazon is still favorably positioned to grow its e-commerce business, the e-commerce prospects will not be as straightforward as those of AWS and the advertising business. Still, while the prospects may differ for Amazon's various business segments, it is essential to highlight that the company has an unusual culture centered around its "Day 1" mentality. This mentality focuses on customer obsession, embracing new trends, willingness to experiment and fail, and avoiding bureaucracy. As long as the company can maintain this culture, it is well-positioned to continue growing in the years to come, albeit at a slower pace, given its already enormous size. Is Amazon's stock cheap? Here's another factor that investors should consider before making a move in Amazon's stock: The stock valuation in relation to its past. Here, let's use price-to-sales (P/S) as a proxy. Amazon's P/S ratio has ranged from 1.7 to 4.6 times in the last five years. As of this writing, it is 3.3 times, just around the middle of that range. The current valuation suggests that while Amazon's stock is not a bargain today, it is not excessively priced compared to its past valuation. What it means for investors Amazon delivered strong results in 2024, highlighting the strength of its execution capabilities. Its high-margin segments – AWS and advertising – will drive future growth, supported by trends like AI adoption. While e-commerce faces mixed prospects, Amazon's Day 1 culture will likely keep it competitive for the foreseeable future. So, while the stock is not a screaming buy today, it is not a sell. Existing investors should hold on to the stock, while investors with a long-term horizon could consider buying a small position and adding to that position over time. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Lawrence Nga has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon. The Motley Fool has a disclosure policy. The Motley Fool is a USA TODAY content partner offering financial news, analysis and commentary designed to help people take control of their financial lives. Its content is produced independently of USA TODAY. Should you invest $1,000 in Amazon right now? Offer from the Motley Fool: Before you buy stock in Amazon, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Amazon wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider whenNetflixmade this list on December 17, 2004... if you invested $1,000 at the time of our recommendation,you'd have $651,049!* Or when Nvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you'd have $828,224!* Now, it's worth notingStock Advisor's total average return is979% — a market-crushing outperformance compared to171%for the S&P 500. Don't miss out on the latest top 10 list, available when you joinStock Advisor. See the 10 stocks » *Stock Advisor returns as of May 19, 2025
Yahoo
2 days ago
- Yahoo
UiPath (PATH) Price Target Lifted to $15 Following Strong Q1 Metrics
UiPath (PATH, Financials) got a lift from Wall Street after posting stronger-than-expected first-quarter results. RBC Capital raised its price target to $15 on Friday, maintaining a Sector Perform rating, with the stock last seen trading at $13.21. The company beat expectations on revenue and operating margins, while Annual Recurring Revenue also came in ahead of guidance. Warning! GuruFocus has detected 3 Warning Sign with PATH. UiPath's solid quarter was backed by an 82.6% gross margin and a current ratio of 2.95, signaling strong financial footing. Management raised full-year 2026 guidance, citing steady renewal rates and resilient performance in its Federal businesseven as macroeconomic uncertainty lingers. Analysts reacted with a mix of caution and optimism. BMO Capital lifted its target to $15.50, citing momentum in the deal pipeline. Mizuho and DA Davidson raised their targets to $14, pointing to solid execution and a successful product cycle, though both kept Neutral ratings. Needham stayed on Hold, flagging weaker net new ARR and retention metrics. KeyBanc maintained a Sector Weight rating, noting the early nature of automation adoption and macro concerns. With price targets now ranging from $10 to $17, the street remains split. Investors will be watching for follow-through in Q2 and beyond to see if UiPath can build on its momentum. Check insider trades. This article first appeared on GuruFocus.
Yahoo
2 days ago
- Yahoo
Zscaler Tops Q3 Estimates, Names New CFO
Zscaler (NASDAQ:ZS) continues to climb on Friday, surging 9% on regular trading Friday, following a Q3 fiscal 2025 beat, with revenue up 23% year-over-year to $678 million versus the $667.1 million consensus and adjusted EPS of $0.84 topping the $0.76 estimate. G Warning! GuruFocus has detected 5 Warning Sign with ZS. AAP net loss narrowed to $0.03 per share, well ahead of the $0.12 loss forecast. Looking ahead, Zscaler guided Q4 revenue of $705 million$707 million (versus $707.2 million expected) and EPS of $0.79$0.80 (vs. $0.77), and reiterated full-year revenue of $2.659 billion$2.661 billion. CEO Jay Chaudhry said surging AI adoption is driving demand for Zscaler's AI-centric security, noting investments to secure both public generative-AI apps and private models. The company also named Kevin Rubinveteran CFO of BetterUp and Alteryxas its new finance chief, aiming to propel Zscaler past $5 billion in ARR. Investors should care because strong beats, healthy guidance and Zscaler's AI security push signal durable growth in the cloud-security market as enterprises race to protect new AI deployments. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
