Latest news with #supercomputing
Free Malaysia Today
7 hours ago
- Business
- Free Malaysia Today
French state offers to buy Atos nuclear tech
Atos has sought to sell assets as part of a restructuring plan to reduce its debt load. (RFI pic) PARIS : The French state has made a €410-million (US$468 million) offer to acquire a strategic division of tech firm Atos that includes supercomputers used in nuclear deterrence, the company said today. Atos, an Olympics partner which also has contracts with the French military, has sought to sell assets as part of a restructuring plan to reduce its debt load. The company said it received an offer from the state for its advanced computing business. The offer 'is a major step toward securing the strategic supercomputing activity,' finance minister Eric Lombard said in a separate statement. 'It is the state's responsibility, when warranted, to ensure the continuity and development of the country's most strategic industrial capabilities,' he said. The scope of the government's offer has changed since the two sides entered exclusive talks in November. It no longer includes Atos' artificial intelligence (AI)–powered video analytics business, Vision AI. 'I hope to conclude this acquisition process as swiftly as possible to secure the future of these critical activities for France,' Lombard said. The advanced computing division, which employs more than 2,500 people mostly in France, develops high-performance servers and supercomputers with critical defence and industrial applications. Atos expects the unit to generate nearly €800 million in revenue in 2025. A binding agreement is expected in the coming weeks, with the deal closing in 2026.
Globe and Mail
3 days ago
- Business
- Globe and Mail
D-Wave Quantum (NYSE: QBTS) CEO Highlights Revenue Increase in Fox Business Interview
D-Wave reported Q1 2025 revenue of $15 million, up 509% year over year. The revenue jump was driven by the sale of an Advantage(TM) quantum system to the Jülich Supercomputing Centre in Germany. CEO Dr. Alan Baratz says D-Wave's recent quantum supremacy demonstration influenced the sale, while also catching the attention of the supercomputer community and national labs around the world. Dr. Baratz reiterated that annealing quantum computing is uniquely suited for real-world optimization tasks. D-Wave Quantum Inc. (NYSE: QBTS) ('D-Wave'), a leader in quantum computing systems, software, and services, is seeing momentum build on both the technical and commercial fronts, according to CEO Dr. Alan Baratz, who appeared on Fox Business' The Claman Countdown to discuss the company's progress ( Baratz emphasized a significant milestone recently achieved by the company: the sale of a D-Wave(TM) Advantage quantum computing system to Germany's Jülich Supercomputing Centre ('JSC'), a deal that contributed to a sharp increase in Q1 revenue. D-Wave reported quarterly revenue of $15 million, a… Read More>> About D-Wave Quantum Inc. D-Wave is a leader in the development and delivery of quantum computing systems, software, and services. We are the world's first commercial supplier of quantum computers, and the only company building both annealing and gate-model quantum computers. Our mission is to help customers realize the value of quantum, today. Our quantum computers, the world's largest, are available on-premises or via the cloud, supported by 99.9% availability and uptime. More than 100 organizations trust D-Wave with their toughest computational challenges. With over 200 million problems submitted to our quantum systems to date, our customers apply our technology to address use cases spanning optimization, artificial intelligence, research and more. Learn more about realizing the value of quantum computing today and how we're shaping the quantum-driven industrial and societal advancements of tomorrow: Forward Looking Statements Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management's control, including the risks set forth under the heading 'Risk Factors' discussed under the caption 'Item 1A. Risk Factors' in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption 'Item 1A. Risk Factors' in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law. Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: Corporate Communications
Globe and Mail
6 days ago
- Business
- Globe and Mail
Crypto Mining Stock Surges Following Share Repurchase Program Announcement
A Chinese company that operating in the digital blockchain computing and crypto mining industry is stealing the show so far during Tuesday's session after the company announced that its board of directors has authorized a share repurchase program under which the company may repurchase up to $30 million worth of outstanding ADSs and/or class A ordinary shares, over the next six months starting from May 27,2025, according to a press release. Traders rushed to scoop up shares of Canaan Inc. (Nasdaq:CAN) following the news, pushing the small cap up to $0.7301/share (+15.23%) at the early session high. This move could be the start of a potential breakout from the multi-month downtrend this stock has been stuck in since the end of last year. Canaan Inc is a developer of supercomputing chips and the manufacturer of digital blockchain computing equipment as well as the supplier of the overall scheme for computer software and hardware of digital blockchain. The equipment manufactured by Canaan is sold to many countries including China, the United States, Hong Kong, and other foreign countries. It derives a vast majority of the revenue from China. Its product includes Kanzhi Al and Avalon Mining Machine. Copyright © 2025 All rights reserved. Republication or redistribution of content is expressly prohibited without the prior written consent of shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. View more of this article on About Media, Inc.: Founded in 1999, is one of North America's leading platforms for micro-cap insights. Catering to both Canadian and U.S. markets, we provide a wealth of resources and expert content designed for everyone—from beginner investors to seasoned traders. is rapidly gaining recognition as a leading authority in the micro-cap space, with our insightful content prominently featured across numerous top-tier financial platforms, reaching a broad audience of investors and industry professionals. Want to showcase your company's story to a powerful network of investors? We can help you elevate your message and make a lasting impact. Contact us today. Contact: Media, Inc.
Associated Press
26-05-2025
- Science
- Associated Press
ASC25 Student Supercomputer Challenge: Shanghai Jiao Tong University Crowned Champion; Peking University Earns Silver
BEIJING--(BUSINESS WIRE)--May 25, 2025-- The finals of the ASC Student Supercomputer Challenge (ASC25) successfully concluded at Qinghai University in Xining, China. Following five days of rigorous competition, the team from Shanghai Jiao Tong University emerged as the champion, while the team from Peking University secured the silver prize, both demonstrating outstanding competence in high-performance computing and scientific problem-solving. More than 300 university teams from around the world registered for ASC25. Following a preliminary selection round, 25 teams advanced to the finals held at Qinghai University—marking the geographically highest-altitude venue in the history of the ASC competition. In the final round, participating teams were required to design and deploy small-scale supercomputing clusters, each constrained by a 4,000-watt power consumption limit. Within these clusters, teams executed and optimized internationally recognized benchmark tests, HPL and HPCG. Additionally, they applied performance optimization strategies to a suite of advanced scientific and engineering applications, including acceleration for AlphaFold3 inference and RNA 5-methylcytosine modification site detection, as well as DeepSeek inference and cosmic neutrino detection simulations. Teams were further assessed through English-language oral defenses presented before a jury composed of more than ten internationally renowned experts in high-performance computing and scientific applications. Furthermore, the 25 finalist teams were randomly assigned into five groups for the Group Competition, where they collaborated across institutions to address a complex scientific challenge: numerical simulation of the Qinghai-Tibet Plateau climate. As anticipated, the final round of the competition was marked by exceptional intensity and high-level performance. The 25 finalist teams demonstrated excellence across a range of evaluation criteria, including system architecture design, power efficiency, application performance optimization, collaborative problem-solving, and oral defense presentations. Their collective pursuit of innovation and technical advancement contributed to a truly remarkable and impactful event. The team from Shanghai Jiao Tong University demonstrated comprehensive capabilities, delivering strong performances in multiple tasks such as AlphaFold3 inference optimization, DeepSeek inference, and cosmic neutrino detection simulation. Their results reflected a deep understanding of artificial intelligence, high-performance computing systems, and interdisciplinary scientific applications, as well as superior optimization skills—culminating in their attainment of the overall championship. Meanwhile, the team from Peking University delivered outstanding results in RNA 5-methylcytosine modification site detection and DeepSeek optimization, earning them the silver prize. In the designated task for the e Prize Challenge—AlphaFold3 inference optimization—the team from Shanghai Jiao Tong University implemented comprehensive system-level and algorithmic optimizations. These included framework migration, refinement of matrix algorithms, task decomposition, parallel computing strategies, and communication acceleration. As a result of these efforts, they successfully achieved efficient multi-node inference of AlphaFold3 on a general-purpose CPU-based cluster. Their outstanding performance secured the highest ranking in this challenge and earned them the prestigious e Prize. A group comprising students from Sun Yat-sen University, Peking University, Beijing Normal University, Fuzhou University, and National Taiwan University demonstrated exceptional coordination and exemplary inter-institutional collaboration. Their joint efforts resulted in the highest score in the Qinghai-Tibet Plateau climate simulation challenge. In recognition of their outstanding performance, the team was collectively awarded the Group Competition Award. Teams from Zhejiang University, Fuzhou University, and Qilu University of Technology were awarded the Application Innovation Award in recognition of their outstanding performance in specific competition challenges and their innovative approaches to application-level problem-solving. Jack Dongarra, Chair of ASC Advisory Committee, Turing Award winner, and Emeritus Professor at the University of Tennessee, stated: 'The ASC Student Supercomputer Challenge is not just a competition, but a platform connecting global students, mentors, and industry leaders—where knowledge, creativity, and cutting-edge technologies ignite new possibilities. The fascination with emerging technologies, the fearless courage to tackle complex challenges, and the spirit of cross-border collaboration demonstrated by young participants all fuel students' drive to explore, innovate, and ultimately achieve personal breakthroughs.' Shi Yuanchun, President of Qinghai University, stated: 'The competition is a premier platform for young students around the world to push the boundaries of computing and explore the frontiers of science and technology. It also serves as a bridge for mutual learning among civilizations. By hosting the ASC25 finals, Qinghai University has delivered a powerful message to the world—vibrant, rigorous, pragmatic, and driven toward progress. Looking ahead, Qinghai University will collaborate with global partners to address major scientific challenges, drive breakthroughs in cutting-edge supercomputing technologies, and unleash innovative momentum on the Qinghai-Tibet Plateau.' View the ASC25 Video here About ASC The ASC Student Supercomputer Challenge serves as a platform to promote the exchange and development of young talent in supercomputing worldwide, with support from experts and institutions across Asia, Europe, and America. The competition aims to elevate the application and R&D capabilities in supercomputing, harness its technological driving force, and foster innovation across science, technology, and industry. Since its inception in 2012, ASC has attracted tens of thousands of university students from six continents, solidifying its status as the largest university-level supercomputing competition globally. To discover more about this impactful endeavor, visit the website View source version on CONTACT: Media contact [email protected] KEYWORD: CHINA ASIA PACIFIC INDUSTRY KEYWORD: TECHNOLOGY ENGINEERING OTHER TECHNOLOGY SOFTWARE MANUFACTURING HARDWARE UNIVERSITY SCIENCE EDUCATION OTHER SCIENCE SOURCE: ASC Student Supercomputer Challenge Copyright Business Wire 2025. PUB: 05/25/2025 09:03 PM/DISC: 05/25/2025 09:02 PM
Associated Press
19-05-2025
- Business
- Associated Press
GIGABYTE EVENT Unveils Comprehensive AI Solutions with "LEADING EDGE" at COMPUTEX 2025
TAIPEI, May 19, 2025 /CNW/ -- GIGABYTE, the world's leading computer brand, today unveiled a series of brand-new AI solutions under the theme, 'LEADING EDGE,' at the GIGABYTE EVENT, aiming to redefine what's possible in gaming, creation, and AI. These solutions include the debut of AI devices, AI software, and advanced AI-enhanced performance technology. Through these cutting-edge innovations, GIGABYTE reaffirms its commitment to delivering accessible AI at the edge. AI Devices Bring Supercomputing to the Edge Leading the AI devices showcase is the AORUS RTX 5090 AI BOX, the world's fastest eGPU, designed to boost laptop performance for gaming, creation, and AI applications. The AORUS RTX 5090 AI BOX evolves the eGPU beyond gaming to a full range of AI applications. Designed with the latest Thunderbolt 5 and USB4 interface, it provides versatile connectivity and barrier-breaking performance. AI TOP ATOM, a personal AI supercomputer powered by the NVIDIA GB10 Grace Blackwell Superchip named NVIDIA DGX SPRAK, features a tightly integrated CPU-GPU platform purpose-built for large-scale AI workloads. It supports fine-tuning and inference of AI models with up to 70B and 200B parameters, and can even scale through clustering to run models up to 405B parameters, ensuring data privacy and security. AI Software Transforms Gaming, Creation, and Productivity To fully unlock the AI device's potential, GIGABYTE unveiled its next-gen software suite. AI TOP Utility 4.0 enables machine learning with core capabilities like image classification, object detection, segmentation, and optical character recognition, supporting various industrial applications. It also handles local inference for models with up to 685B parameters, while its built-in Model Converter streamlines deployment to the edge devices, ensuring flexibility and scalability across different hardware configurations. GiMATE, a built-in AI agent on AORUS MASTER, GIGABYTE AERO, and GIGABYTE GAMING Series AI gaming laptops, enhances productivity under various scenarios through a Press and Speak feature with numerous AI capabilities and the GiMATE Creator. Now, the newly introduced feature GiMATE Coder, which makes coding accessible to beginners with intuitive, prompt-based code generation, debuted alongside two AI gaming laptop models, GIGABYTE GAMING A16 PRO and GAMING A18, and an all-rounder choice, GIGABYTE AERO X16, for optimal performance and superior functionality on the go. GIGABYTE extends its AI innovation to gaming monitors with AI Tactical Features, AI-optimized Visuals, and AI Protection, delivering faster reactions, sharper visuals, and smarter tools. New models include the 4K 160Hz M27UP and M27UP ICE, which can switch to FHD 320Hz with flexible resolution options through Tactical Dual Mode, the 280Hz MO27Q28G featuring the latest Meta 3.0 WOLED panel, the smart M27QS, and various models offering refresh rates from 200Hz up to an incredible 500Hz. AI Redefines Design to Deliver the Optimal Performance The all-new AORUS X870 X3D Series motherboards, X870E AORUS MASTER, PRO, and ELITE X3D ICE, come in both iconic black and pure-white ICE finishes and feature the AI-enhanced X3D Turbo Mode 2, delivering a market-leading 35% performance boost by intelligently adapting to real-time workloads, all without the need for manual overclocking or interruption. For Intel platforms, Z890 motherboards with Ultra Turbo Mode, a performance enhancement BIOS feature, unlock up to 38% more performance compared to factory settings to boost memory performance and system efficiency across diverse applications. Furthermore, blending performance and aesthetics, the Z890 AORUS TACHYON ICE achieved a world-record memory speed through AI-enhanced overclocking, while the STEALTH ICE Series, featuring X870 AORUS STEALTH ICE and B850 AORUS STEALTH ICE motherboards, AORUS GeForce RTX™ 5090 STEALTH ICE graphics card, and the C500 PANORAMIC STEALTH ICE chassis, offers a reverse-connector layout for cleaner cable management, seamless compatibility, and pure-white minimalist builds. These innovations underscore GIGABYTE's dedication to providing AI solutions across its product lines, empowering both individual users and enterprises to unlock new levels of productivity and creativity in the AI era. GIGABYTE will further elaborate on these technologies and showcase its full LEADING EDGE vision at: GIGABYTE EVENT. View original content to download multimedia: SOURCE GIGABYTE
