WiMi Hologram Cloud Unveils Hybrid CPU-FPGA Quantum AI Simulator and QRAM Technology

WiMi unveils new QRAM technology to boost quantum computing By Investing.com

BEIJING - WiMi Hologram Cloud Inc. (NASDAQ:WiMi), a global provider of Hologram Augmented Reality (AR) Technology with a market capitalization of $112 million and impressive 76% stock return over the past year, has announced the creation of a novel Quantum (NASDAQ:QMCO) Random Access Memory (QRAM) architecture using binary string polynomial encoding. This development aims to enhance the efficiency of quantum circuits, a critical component in the advancement of quantum computing technology. Quantum computing represents a significant leap from classical computing, with potential applications in fields such as molecular simulations, financial market predictions, cryptography, and artificial intelligence. QRAM plays a foundational role in quantum computing, enabling the storage and retrieval of quantum data without collapsing the system's delicate quantum states. WiMi's breakthrough addresses the challenges of existing QRAM designs, which are resource-intensive and impractical for large-scale applications. By optimizing the use of T gates within Clifford+T circuits, WiMi claims to have exponentially improved the T-depth of quantum computations, a measure of the time required for processing. The company's design reportedly maintains a similar T-count -- another performance metric indicating the number of T gates used -- while significantly reducing computational depth, thus enhancing resource efficiency. Additionally, WiMi's approach to QRAM includes the introduction of a quantum Look-Up Table (qLUT), a read-only memory that provides high-efficiency data access for specific applications, further optimizing T-depth and T-count without increasing the qubit count. The company's advancements in QRAM are expected to facilitate more efficient and scalable quantum computing, potentially accelerating the adoption of quantum technologies in real-world scenarios. WiMi's innovations could prove particularly valuable when paired with the burgeoning quantum internet, contributing to a more robust quantum computing ecosystem. According to InvestingPro data, the company has demonstrated strong execution with 19% revenue growth in the last twelve months and maintains a healthy balance sheet with more cash than debt. Investors may note that WiMi Hologram Cloud's core business spans various professional holographic AR areas, including automotive HUD software, LiDAR technology, and holographic semiconductor development. InvestingPro analysis suggests the stock is currently undervalued, with 8 additional ProTips available to subscribers, covering crucial aspects like financial health, growth prospects, and market momentum. This news is based on a press release statement from WiMi Hologram Cloud Inc. and does not include any endorsement of the company's claims. The forward-looking statements in the press release are subject to inherent risks and uncertainties that could cause actual results to differ materially. In other recent news, WiMi Hologram Cloud Inc. has made significant strides in diverse areas such as quantum computing, augmented reality (AR), and blockchain technologies. The company recently unveiled a hybrid CPU-FPGA quantum AI simulator designed to simulate quantum computers and optimize quantum algorithms. In addition, WiMi developed a new quantum algorithm, the Holographic Quantum Linear Solver (HQLS), designed to solve linear equations more efficiently. Furthermore, WiMi announced the development of an FPGA-based digital quantum computer verification technology, utilizing digital quantum bits for enhanced precision and stability. The company also revealed its research into smart contract-based cross-chain communication solutions, aimed at enhancing interoperability among diverse blockchain platforms. On the blockchain front, WiMi has developed a blockchain-based federated learning system, the Federal Learning on Blockchain (FLoBC) initiative, aiming to address data privacy protection and the efficient training of large-scale machine learning models. Additionally, the company has introduced a machine learning-based blockchain hybrid consensus algorithm to enhance the security and efficiency of blockchain networks. These recent developments highlight WiMi's ongoing expansion into quantum computing, AR and blockchain technologies. Analysts maintain positive expectations for the company's sales growth, according to InvestingPro data, and the company has demonstrated strong revenue growth in the last twelve months.

WiMi unveils hybrid quantum AI simulator technology By Investing.com

BEIJING - WiMi Hologram Cloud Inc. (NASDAQ:WIMI), a global provider of hologram augmented reality (AR) technology with a market capitalization of $123.55 million, has announced the creation of a hybrid CPU-FPGA quantum AI simulator. The company, which has demonstrated strong revenue growth of 19.25% in the last twelve months, is currently considered undervalued according to InvestingPro analysis. This new development is designed to simulate quantum computers, facilitating the testing and optimization of quantum algorithms on classical computing systems. The simulator merges the high-level logic capabilities of a central processing unit (CPU) with the parallel processing power of a field-programmable gate array (FPGA). This combination aims to address the limitations of traditional simulators that struggle with large-scale quantum systems due to the computational constraints of CPUs. WiMi's simulator framework features a hardware layer with high-performance CPUs and customized FPGA chips, linked through high-speed interfaces, and a software layer that includes a dedicated framework for simulating quantum algorithms and training AI models. The interface layer ensures compatibility with existing quantum computing software and AI platforms, integrating the simulator into current research and development workflows. The technical logic behind WiMi's simulator involves a complex interplay of hardware architecture selection, software-hardware co-optimization, and technical compatibility, all geared towards meeting practical application needs. This development is not only expected to advance the fields of quantum computing and AI but also to provide new opportunities for future computing technology. WiMi's hybrid CPU-FPGA quantum AI simulator is now available to businesses and research institutions interested in exploring quantum algorithms and developing AI applications. As quantum computing technology progresses, such simulators are anticipated to become pivotal in quantum computing and AI research, potentially accelerating the fusion and advancement of these technologies. WiMi Hologram Cloud focuses on various professional holographic AR areas, including automotive HUD software, 3D holographic pulse LiDAR, head-mounted light field holographic equipment, and holographic semiconductor, among others. The company's suite of services and technologies spans multiple applications in the AR space. With a current ratio of 2.35 and more cash than debt on its balance sheet, WiMi maintains a strong financial position. InvestingPro subscribers have access to 12 additional key insights about WiMi's financial health and growth prospects, helping investors make more informed decisions in this volatile tech sector. This announcement is based on a press release statement and aims to provide a factual report of WiMi's latest technological development without endorsing the claims or speculating on potential industry impacts. Analysts maintain positive expectations for the company's sales growth in the current year, according to InvestingPro data, which provides comprehensive financial analysis and real-time metrics for tech companies like WiMi. In other recent news, WiMi Hologram Cloud Inc. has made significant advancements in quantum computing and blockchain technology. The company introduced a new quantum algorithm, the Holographic Quantum (NASDAQ:QMCO) Linear Solver (HQLS), designed to solve linear equations more efficiently. WiMi also developed a novel FPGA-based digital quantum computer verification technology, leveraging digital quantum bits for enhanced precision and stability. In the blockchain sector, WiMi has focused on smart contract-based cross-chain communication solutions, aiming to enhance interoperability among diverse blockchain platforms. The company has also introduced a blockchain-based federated learning system, the Federal Learning on Blockchain (FLoBC) initiative, aiming to tackle data privacy protection and the efficient training of large-scale machine learning models. Furthermore, WiMi has developed a machine learning-based blockchain hybrid consensus algorithm to enhance the security and efficiency of blockchain networks. The company's strong financial position is reflected in a revenue growth of 19% in the last twelve months. These are all recent developments in WiMi's ongoing expansion into quantum computing and blockchain technology.

WiMi Develops a Hybrid CPU-FPGA Quantum AI Simulator - WiMi Hologram Cloud (NASDAQ:WIMI)

BEIJING, Jan. 14, 2025 /PRNewswire/ -- WiMi Hologram Cloud Inc. WIMI ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced the development of a hybrid CPU-FPGA quantum AI simulator. The development of the quantum AI simulator aims to simulate the behavior of quantum computers, enabling testing and optimization of quantum algorithms on existing classical computers. Traditional simulators are often limited by the computational power of the CPU, making it difficult to handle large-scale quantum systems. To overcome this limitation, WiMi has adopted a hybrid CPU-FPGA approach, combining the versatility of the central processing unit (CPU) with the parallel processing capabilities of the field-programmable gate array (FPGA). The core technical framework of WiMi's CPU-FPGA architecture simulator consists of two main components: CPU part: Responsible for handling the high-level logic and complex algorithmic tasks of the simulator. The powerful computational capabilities of the CPU enable the simulator to execute complex quantum algorithms and machine learning models. FPGA part: Specifically designed for executing parallel computing tasks such as simulating quantum states and performing quantum gate operations. The parallel processing capabilities of the FPGA significantly enhance the computational speed of the simulator while reducing power consumption. The WiMi CPU-FPGA hybrid quantum AI simulator utilizes the parallel processing capabilities and programmability of FPGA to execute specific quantum computing tasks. FPGA (Field-Programmable Gate Array) is a hardware device that can be programmed to perform specific tasks, enabling custom parallel computing operations, which is particularly important in handling quantum algorithms. By integrating FPGA into the simulator, the simulation speed of quantum algorithms can be significantly enhanced, while reducing power consumption. Another key aspect of the WiMi hybrid CPU-FPGA approach is the implementation of software-hardware co-design optimization. At the software level, a dedicated simulator framework has been developed, which efficiently manages quantum states and performs quantum gate operations. This framework is tightly integrated with the hardware layer, ensuring efficient execution of algorithms. At the hardware level, the CPU and FPGA are closely interconnected through high-speed interfaces, enabling seamless collaboration between the two to accomplish complex computational tasks. Furthermore, this technical approach also involves a deep understanding of existing quantum computing and AI technologies. The quantum AI simulator is not just a simple simulation tool; it must be able to adapt to evolving quantum algorithms and AI models. Therefore, the design of the simulator needs to have sufficient flexibility and scalability to support future technology upgrades and the development of new algorithms. WiMi hybrid CPU-FPGA quantum AI simulator technology framework: Hardware layer: The simulator employs high-performance CPUs and customized FPGA chips, which are tightly interconnected through high-speed interfaces. Software layer: A dedicated software framework has been developed to support the simulation of quantum algorithms and the training of AI models. The software framework includes quantum state management, quantum gate operations, and machine learning algorithm libraries. Interface layer: Compatibility with existing quantum computing software and AI platforms is provided, ensuring that the simulator can seamlessly integrate into existing research and development workflows. The technical logic of WiMi's hybrid CPU-FPGA quantum AI simulator is a complex process that involves multiple dimensions and levels. It encompasses aspects such as hardware architecture selection, software-hardware co-optimization, technical compatibility, and meeting practical application requirements. The implementation of this technical logic not only drives technological advancements in the fields of quantum computing and artificial intelligence but also provides new possibilities for future computing technology development. WiMi has developed a powerful tool in the form of a hybrid CPU-FPGA quantum AI simulator, which is available to businesses and research institutions for exploring the potential of quantum algorithms and developing new AI applications. With the continuous advancement of quantum computing technology, this type of simulator is expected to play a crucial role in future quantum computing and AI research. Through the hybrid CPU-FPGA approach, WiMi is driving the development of quantum AI simulation technology and opening up new avenues for the integration of quantum computing and artificial intelligence. The application of this innovative technology will accelerate the research on quantum algorithms and facilitate the fusion and progress of quantum computing and AI technologies. About WiMi Hologram Cloud WiMi Hologram Cloud, Inc. WIMI is a holographic cloud comprehensive technical solution provider that focuses on professional areas including holographic AR automotive HUD software, 3D holographic pulse LiDAR, head-mounted light field holographic equipment, holographic semiconductor, holographic cloud software, holographic car navigation and others. Its services and holographic AR technologies include holographic AR automotive application, 3D holographic pulse LiDAR technology, holographic vision semiconductor technology, holographic software development, holographic AR advertising technology, holographic AR entertainment technology, holographic ARSDK payment, interactive holographic communication and other holographic AR technologies. Safe Harbor Statements This press release contains "forward-looking statements" within the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," and similar statements. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Among other things, the business outlook and quotations from management in this press release and the Company's strategic and operational plans contain forward-looking statements. The Company may also make written or oral forward-looking statements in its periodic reports to the US Securities and Exchange Commission ("SEC") on Forms 20-F and 6-K, in its annual report to shareholders, in press releases, and other written materials, and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. Several factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company's goals and strategies; the Company's future business development, financial condition, and results of operations; the expected growth of the AR holographic industry; and the Company's expectations regarding demand for and market acceptance of its products and services. Further information regarding these and other risks is included in the Company's annual report on Form 20-F and the current report on Form 6-K and other documents filed with the SEC. All information provided in this press release is as of the date of this press release. The Company does not undertake any obligation to update any forward-looking statement except as required under applicable laws. View original content:https://www.prnewswire.com/news-releases/wimi-develops-a-hybrid-cpu-fpga-quantum-ai-simulator-302350450.html SOURCE WiMi Hologram Cloud Inc. WIMIWiMi Hologram Cloud Inc$1.2512.6%WatchlistOverviewMarket News and Data brought to you by Benzinga APIs

WiMi Develops a Hybrid CPU-FPGA Quantum AI Simulator

BEIJING, Jan. 14, 2025 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WiMi) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced the development of a hybrid CPU-FPGA quantum AI simulator. The development of the quantum AI simulator aims to simulate the behavior of quantum computers, enabling testing and optimization of quantum algorithms on existing classical computers. Traditional simulators are often limited by the computational power of the CPU, making it difficult to handle large-scale quantum systems. To overcome this limitation, WiMi has adopted a hybrid CPU-FPGA approach, combining the versatility of the central processing unit (CPU) with the parallel processing capabilities of the field-programmable gate array (FPGA). The core technical framework of WiMi's CPU-FPGA architecture simulator consists of two main components: CPU part: Responsible for handling the high-level logic and complex algorithmic tasks of the simulator. The powerful computational capabilities of the CPU enable the simulator to execute complex quantum algorithms and machine learning models. FPGA part: Specifically designed for executing parallel computing tasks such as simulating quantum states and performing quantum gate operations. The parallel processing capabilities of the FPGA significantly enhance the computational speed of the simulator while reducing power consumption. The WiMi CPU-FPGA hybrid quantum AI simulator utilizes the parallel processing capabilities and programmability of FPGA to execute specific quantum computing tasks. FPGA (Field-Programmable Gate Array) is a hardware device that can be programmed to perform specific tasks, enabling custom parallel computing operations, which is particularly important in handling quantum algorithms. By integrating FPGA into the simulator, the simulation speed of quantum algorithms can be significantly enhanced, while reducing power consumption. Another key aspect of the WiMi hybrid CPU-FPGA approach is the implementation of software-hardware co-design optimization. At the software level, a dedicated simulator framework has been developed, which efficiently manages quantum states and performs quantum gate operations. This framework is tightly integrated with the hardware layer, ensuring efficient execution of algorithms. At the hardware level, the CPU and FPGA are closely interconnected through high-speed interfaces, enabling seamless collaboration between the two to accomplish complex computational tasks. Furthermore, this technical approach also involves a deep understanding of existing quantum computing and AI technologies. The quantum AI simulator is not just a simple simulation tool; it must be able to adapt to evolving quantum algorithms and AI models. Therefore, the design of the simulator needs to have sufficient flexibility and scalability to support future technology upgrades and the development of new algorithms. WiMi hybrid CPU-FPGA quantum AI simulator technology framework: Hardware layer: The simulator employs high-performance CPUs and customized FPGA chips, which are tightly interconnected through high-speed interfaces. Software layer: A dedicated software framework has been developed to support the simulation of quantum algorithms and the training of AI models. The software framework includes quantum state management, quantum gate operations, and machine learning algorithm libraries. Interface layer: Compatibility with existing quantum computing software and AI platforms is provided, ensuring that the simulator can seamlessly integrate into existing research and development workflows. The technical logic of WiMi's hybrid CPU-FPGA quantum AI simulator is a complex process that involves multiple dimensions and levels. It encompasses aspects such as hardware architecture selection, software-hardware co-optimization, technical compatibility, and meeting practical application requirements. The implementation of this technical logic not only drives technological advancements in the fields of quantum computing and artificial intelligence but also provides new possibilities for future computing technology development. WiMi has developed a powerful tool in the form of a hybrid CPU-FPGA quantum AI simulator, which is available to businesses and research institutions for exploring the potential of quantum algorithms and developing new AI applications. With the continuous advancement of quantum computing technology, this type of simulator is expected to play a crucial role in future quantum computing and AI research. Through the hybrid CPU-FPGA approach, WiMi is driving the development of quantum AI simulation technology and opening up new avenues for the integration of quantum computing and artificial intelligence. The application of this innovative technology will accelerate the research on quantum algorithms and facilitate the fusion and progress of quantum computing and AI technologies. About WiMi Hologram Cloud WiMi Hologram Cloud, Inc. (NASDAQ:WiMi) is a holographic cloud comprehensive technical solution provider that focuses on professional areas including holographic AR automotive HUD software, 3D holographic pulse LiDAR, head-mounted light field holographic equipment, holographic semiconductor, holographic cloud software, holographic car navigation and others. Its services and holographic AR technologies include holographic AR automotive application, 3D holographic pulse LiDAR technology, holographic vision semiconductor technology, holographic software development, holographic AR advertising technology, holographic AR entertainment technology, holographic ARSDK payment, interactive holographic communication and other holographic AR technologies. Safe Harbor Statements This press release contains "forward-looking statements" within the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," and similar statements. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Among other things, the business outlook and quotations from management in this press release and the Company's strategic and operational plans contain forward-looking statements. The Company may also make written or oral forward-looking statements in its periodic reports to the US Securities and Exchange Commission ("SEC") on Forms 20-F and 6-K, in its annual report to shareholders, in press releases, and other written materials, and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. Several factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company's goals and strategies; the Company's future business development, financial condition, and results of operations; the expected growth of the AR holographic industry; and the Company's expectations regarding demand for and market acceptance of its products and services. Further information regarding these and other risks is included in the Company's annual report on Form 20-F and the current report on Form 6-K and other documents filed with the SEC. All information provided in this press release is as of the date of this press release. The Company does not undertake any obligation to update any forward-looking statement except as required under applicable laws.