May 2025 - TechMediaWire

ThursdayMay 15, 2025 11:15 am

D-Wave Quantum Inc. (NYSE: QBTS) Reports Record First Quarter Revenue, Gross Profit and Cash Position

The company posted record quarterly revenue of $15 million, up over 500% from Q1 2024. Gross profit surged to $13.9 million, driven by a high-margin Advantage™ quantum system sale. The company ended Q1 with $304.3 million in cash, its highest quarter-end balance in the company’s history. Customer count grew to 133, with 69 commercial users including 25 Forbes Global 2000 firms. D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, reported a significant increase in revenue, gross profit, and cash reserves for the first quarter of fiscal 2025, enabled by the sale of a…

WednesdayMay 14, 2025 10:00 am

Toyota Warns That Falling Behind the Chinese Goes Beyond EVs

When most people think about electric cars, China isn’t the first name that comes to mind, but maybe it should be. Toyota has just sounded the alarm, and it’s not just about electric vehicles anymore. According to the company, China’s rise in the auto world is happening fast and across more than one area. Let’s start with electric vehicles (EVs). Last year, over 17 million EVs were sold worldwide, and guess what? China sold more than 11 million of those. That’s more than 60% of the global market! Even though car makers like Volkswagen, Hyundai, and Kia are coming up…

WednesdayMay 14, 2025 9:00 am

ONAR Holding Corp. (ONAR) Leads the Charge in AI-Driven Marketing with Proprietary Platform

The AI marketing market is projected to surge to more than $107.5 billion by 2028 ONAR Holding recently announced the launch of ONAR Labs, its dedicated technology incubator The company also unveiled its first product offering: Cortex, an AI-powered marketing intelligence platform Artificial intelligence (“AI”) is rapidly transforming the marketing landscape, enabling businesses to deliver more personalized, efficient and data-driven campaigns. As companies seek to harness the power of AI to stay competitive, ONAR Holding Corp. (OTCQB: ONAR) is at the forefront with its innovative Cortex platform, poised to redefine the future of advertising. The adoption of AI in marketing has…

MondayMay 12, 2025 10:00 am

2024 Saw Almost 600 GW of Solar Installations Globally

The year 2024 was a big one for solar power. All around the world, countries worked hard to add new solar energy systems. By the end of the year, nearly 600 gigawatts (GW) of new solar power had been installed. This was a record-breaking number and showed how fast the world is turning to clean energy. According to a report by SolarPower Europe, 597 GW of new solar power was installed in 2024. That’s a 36% increase from the year before and the largest yearly jump ever in solar history. The total global solar capacity reached 2.2 terawatts (TW). Just…

MondayMay 12, 2025 9:45 am

SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Announces $100 Million Project Financing from CIM Group for U.S. Solar Expansion

SolarBank and CIM Group have announced a US$100 million financing deal for a portfolio of U.S. solar energy projects totaling 97 MW. The deal is structured as a preferred equity investment at the project level, preserving SolarBank’s share capital, with CIM receiving a 3% annual coupon and retaining full ownership of transferred investment tax credits. SolarBank expects to maintain majority ownership of the 21-project portfolio post-financing, supporting SolarBank’s shift toward becoming a long-term solar asset owner in the U.S. Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of renewable…

ThursdayMay 08, 2025 9:45 am

SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Advances 7.2 MW Glor Rd Community Solar Project in Upstate New York

SolarBank plans to develop a 7.2 MW DC ground-mount solar project in upstate New York, part of a growing pipeline of SolarBank developments in the area. The project will operate under a community solar model, with customer acquisition managed by Solar Simplified, and is expected to power approximately 850 homes. In addition, the new development will participate in New York’s VDER rate program and may qualify for NYSERDA incentives. Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of renewable and clean energy projects, specializing in distributed and community solar…

WednesdayMay 07, 2025 10:00 am

Spain Debuts Quantum Computer in Barcelona

Spain has officially entered the world of quantum computing with the launch of its first quantum computer. This historic moment took place in February this year at the Barcelona Supercomputing Center (BSC), marking a major step forward in the country’s technological development. This new machine is not just powerful, it is also groundbreaking. Built using European technology, the project is part of the Quantum Spain initiative. With over €9 million ($10.2 million) in funding, the goal is to give Spain more control over its digital future. Instead of depending on technology from other countries, Spain now has the chance to…

TuesdayMay 06, 2025 11:15 am

ONAR Holding Corp. (OTCQB: ONAR) Building the Future of Marketing with AI-Powered Innovation

ONAR operates a network of best-in-class agencies, leveraging proprietary AI to deliver data-driven marketing that delivers revenue growth for clients globally High-profile leadership additions and M&A activity are accelerating growth, profitability, and brand visibility Recent headquarters relocation to Miami positions ONAR at the heart of a thriving innovation hub Transforming the Marketing Landscape with Integrated AI Solutions In an industry grappling with transformation and fragmentation, ONAR Holding Corp. (OTCQB: ONAR) is redefining how marketing services are delivered to an overlooked sector of clients. Through strategic acquisitions and proprietary technology, ONAR operates specialized agencies that provide seamless, performance-delivering, measurable marketing services…

MondayMay 05, 2025 10:00 am

UN Asks Facebook, TikTok to Stop Colombian Rebel Groups from Recruiting on Social Media

Rebel groups in Colombia are turning to social media platforms such as Facebook and TikTok to lure in children and teenagers. The United Nations (UN) says this must stop, and it is asking social media companies to do more to block this dangerous content. Scott Campbell, the UN’s top human rights official in Colombia, says these rebel groups are targeting youth from poor and Indigenous communities. They use videos that make rebel life look exciting and full of adventure. Some videos show members riding motorcycles or SUVs, wearing uniforms, and promoting slogans like, “Join me and you will know friendship…

FridayMay 02, 2025 9:00 am

SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Expands Portfolio with Additional Solar Project in Upstate New York

SolarBank is developing a 4.584 MW DC ground-mount solar project in upstate New York, projected to power 540 homes. The Forest Hill Rd project will operate under New York’s community solar framework and benefit from VDER compensation and NYSERDA incentives. Solar Simplified will handle subscriber management, allowing SolarBank to focus on development and expansion. The company is not presently importing solar panels from the four countries impacted by the April 21, 2025, U.S. Department of Commerce Tariff announcement. Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of renewable and…

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Month: May 2025