MicroCloud unveils quantum learning method with speedup proof

SHENZHEN - MicroCloud Hologram Inc. (NASDAQ: HOLO), a technology service provider with 42.62% revenue growth in the last twelve months, has developed a new quantum supervised learning method that demonstrates quantum speedup in classification tasks. According to InvestingPro analysis, the company currently trades at a low Price/Book multiple of 0.14, suggesting potential undervaluation despite recent market challenges. This advancement aims to address the limitations of existing quantum machine learning algorithms and provides a robust approach that remains precise even when faced with errors from limited sampling statistics.

The method, announced today, is based on the construction of a classification problem and a quantum kernel learning approach that utilizes quantum computing for acceleration. A key aspect of the method is its reliance on the discrete logarithm problem, which is notably difficult for classical computers to solve but is more efficiently addressed by quantum computing. While the company shows technological promise, InvestingPro data reveals the company maintains a strong balance sheet position, holding more cash than debt.

MicroCloud’s approach uses parameterized quantum circuits to map data samples into a high-dimensional quantum feature space, which allows for kernel entries to be estimated through the inner product of quantum states. This process capitalizes on the exponential computational power of quantum computing, resulting in classification accuracy that surpasses classical machine learning methods.

The company’s research also includes the development of an error correction method to mitigate the effects of noise in quantum computations and ensure stability. These innovations suggest that MicroCloud’s quantum classifier could be widely applicable in fields that require efficient classification, such as financial market prediction and biomedical data analysis.

As quantum computing hardware improves, the company expects its research outcomes to be validated and applied on a larger scale on future fault-tolerant quantum computers. MicroCloud’s announcement could signify a significant step forward in the application of quantum computing in artificial intelligence. InvestingPro subscribers have access to 13 additional investment tips and comprehensive financial metrics to better evaluate the company’s potential in this emerging technology sector.

This news is based on a press release statement from MicroCloud Hologram Inc.

In other recent news, MicroCloud Hologram Inc. reported a robust financial performance for the fiscal year 2024, with operating revenue reaching approximately $40.76 million, marking a 42.16% increase from the previous year. The company also saw a significant rise in service business revenue by 53.04% and a substantial increase in cash and cash equivalents by 575.54% year-over-year. Meanwhile, MicroCloud unveiled a neural network-based quantum-assisted data clustering technology, integrating classical neural networks with quantum computing to enhance data analysis processes. The company introduced a blockchain edge storage system designed to reduce latency and network congestion while ensuring data integrity through smart contracts. Additionally, MicroCloud announced a blockchain reconstruction solution aimed at enhancing security and data integrity using verifiable secret sharing technology. In another development, the company advanced its quantum key distribution protocol, enhancing quantum transmission security and information efficiency. These recent developments underscore MicroCloud’s commitment to technological innovation and strategic growth in the holographic solutions industry.

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