MicroCloud Hologram unveils universal quantum computing method

SHENZHEN, China - MicroCloud Hologram Inc. (NASDAQ:HOLO), a technology company with a market capitalization of $81 million and showing strong momentum with a 13% gain last week, has developed a new quantum computing method based on a universal "quantum variable" form that eliminates dependency on specific dimensional quantum variables, the company announced Tuesday.

The new approach utilizes an auxiliary-mediated mechanism where "auxiliaries" facilitate gate operations on isolated "quantum memory" registers without directly interfering with their core quantum states. This method works with traditional qubits, high-dimensional qubits, and quantum continuous variables.

According to the company, the implementation model requires only three elements: repeated application of a single fixed two-body auxiliary-register interaction gate, auxiliaries prepared in a single state, and local measurements of these auxiliaries.

MicroCloud claims its quantum computing model offers hybrid quantum-classical processing advantages similar to measurement-based quantum computing. The quantum component handles complex state operations while the classical component manages control, feedback, and data processing tasks.

The company states this model could support more efficient quantum computing systems and potentially advance the field from theoretical research to practical applications, particularly in areas requiring high-dimensional quantum information processing. According to InvestingPro analysis, MicroCloud maintains a healthy financial position with strong liquidity ratios and minimal debt exposure, potentially supporting its technological advancement initiatives.

MicroCloud Hologram provides holographic technology services including LiDAR solutions, digital twin technology, and holographic imaging. With revenue growth of 37% in the last twelve months reaching $44.8 million, the company has previously announced plans to invest over $400 million in technology sectors including blockchain, quantum computing, quantum holography, artificial intelligence, and augmented reality. For deeper insights into MicroCloud’s financial health and growth prospects, InvestingPro subscribers have access to over 15 additional exclusive tips and detailed financial metrics.

The information in this article is based on a company press release statement.

In other recent news, MicroCloud Hologram Inc. announced its expectation to report a net profit exceeding $33 million for the first half of 2025. This marks a significant turnaround from the $17 million net loss recorded in the same period last year. The company has also disclosed a cash reserve of $421 million, with plans to invest up to $200 million in Bitcoin, other cryptocurrencies, and related securities derivatives. Additionally, MicroCloud Hologram has proposed a quantum link efficiency optimization technology aimed at achieving efficient, stable, and high-fidelity quantum transmission processes. This technology leverages quantum entanglement and teleportation principles to enhance quantum information transmission. Moreover, the company unveiled research findings on optimizing quantum channel implementations through a multi-model quantum circuit framework. This research aims to reduce the number of C-NOT gates required for quantum channel implementation, contributing to advancements in quantum computing.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.