A federal judge has ruled in favor of Anthropic, stating that using books to train AI systems can be considered fair use, even without permission from the authors. The ruling, issued by Judge William Alsup in the Northern District of California, is the first major legal decision to address whether using copyrighted material to train AI falls under the doctrine of fair use.
D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services, and the world’s first commercial supplier of quantum computers, today announced that it has successfully completed sales of $400 million in gross proceeds of its common stock pursuant to its previously disclosed $400 million "at-the-market" equity offering program (the “ATM Program”). The $400 million ATM Program, that commenced on June 11th and ended on June 27th, was completed at an average price per share of $15.18. This average price represents a $9.08 or 149% premium to the $6.10 average price per share of the most recent $150M ATM Program that was completed in January of this year. The proceeds from this offering bring the Company’s current cash balance to approximately $815 million.
Oxylabs CEO Julius Černiauskas believes that although cloud quantum computing (QC) presents significant opportunities for industry, the technology still has notable risks . In a recently published guest blog, Černiauskas said that quantum computing offers “groundbreaking possibilities” and noted that large tech firms such as Amazon, Microsoft, IBM, and Google are making heavy investments in the technology. Specialized tech startups like PsiQuantum and Quantinuum are also making major inroads into the nascent computing and cloud computing segment and challenging established players.
Quantum Computing announced a $200 million private placement, Microsoft's CEO said quantum computing could take scientific advancements to the next level and more from the week.
Amazon’s CEO Andy Jassy stated in a recent memo to staff that as AI tools become more efficient, the company will likely reduce the number of traditional roles. He noted that fewer people will be needed for some current roles, while new types of jobs will open up in their place.
D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, has entered into a strategic partnership with Yonsei University and Incheon Metropolitan City designed to accelerate quantum computing adoption and commercialization in South Korea. The company announced the signing of a memorandum of understanding (“MOU”) on June 17, outlining plans for quantum computing research, education, and collaboration ( https://ibn.fm/0NaSv ).
As summer kicks off, the S&P 500 is flat, but still within 5% of an all-time high; however, without a clear catalyst, uncertainty is likely to weigh on growth
Residents in New Jersey are facing the possibility of a sharp increase in electricity costs starting June 1, with bills potentially jumping by as much as 20%. A major reason behind this projected spike is the rapid growth of data centers across the country.
D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, announced that it has signed a memorandum of understanding (MOU) with Yonsei University and Incheon Metropolitan City aimed at accelerating quantum computing adoption in South Korea. Supporting the region’s ambition to become a global quantum technology hub, the MOU outlines plans to work together on research, talent development, and use case exploration across biotechnology, materials science and other sectors. The MOU also facilitates the organizations’ collaborative efforts towards the acquisition of a D-Wave Advantage2 quantum system at the Yonsei University International Campus in Songdo, Yeonsu-gu, Incheon.
