Quantum Corp is a technology company that specializes in data storage and management solutions, particularly in the field of high-performance storage systems
The company focuses on helping organizations manage their data efficiently using advanced technologies such as scale-out storage and data protection solutions. Quantum's offerings include software-defined storage, archiving, and backup solutions that cater to various industries such as media and entertainment, government, and healthcare. By providing tools for data availability, accessibility, and security, Quantum Corp aims to assist businesses in navigating the challenges of big data and ensuring optimized performance in their data-driven operations.
Quantum Corporation(NASDAQQMCO) stock are trading lower Thursday after the company reported a fiscal third-quarter earnings miss and issued weaker-than-expected guidance for the fourth quarter.
PALM BEACH, Fla., Feb. 20, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Recent reports on the quantum computing market all seem to project substantial growth for years to come and will enter into a multitude of uses… including drones. A recent International Conference of Intelligent Computing & Optimization Conference paper, titled “Enhancing Privacy and Security for UAV and IoT Enabled Drones an Intelligent Integration of Blockchain, AI, and Quantum Computing” had this to say, in part: “Unmanned aerial vehicles (UAVs) and drones have seen an upsurge in their usage in various industries due to the advancement of the Internet of Things (IoT). Nevertheless, the extensive use of these technologies has given rise to concerns over privacy, data integrity, and security. This research presents a pioneering approach to tackle these challenges by amalgamating Blockchain technology, artificial intelligence (AI), and quantum computing. By virtue of its decentralized and immutable nature, blockchain can safeguard data integrity for UAVs and drones. A blockchain-based system can store all drone data transfers on distributed ledgers, thus enhancing transparency and reducing the risk of malicious tampering. The use of AI can significantly benefit drone operations and decision-making. AI systems empower drones to dynamically reroute themselves, predict potential security hazards, and adapt to new situations. Furthermore, AI’s real-time data processing can enhance anomaly detection and response times. Quantum computing, although still in its nascent stages, furnishes unparalleled processing capability. Drone data encryption is almost unfeasible to decrypt using conventional computing methods, as per quantum-enhanced security protocols that can be devised owing to quantum physics.” Active Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), D-Wave Quantum Inc. NYSE: QBTSNYSEQBTS)(NASDAQ: QUBTNASDAQQUBT, IonQ (NYSE: IONQNYSE), Quantum Corporation (NASDAQ: QMCOQMCO).
Quantum Corporation (Nasdaq: QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, announced today financial results for its fiscal third quarter 2025 ended December 31, 2024.
Quantum® Corporation (NASDAQQMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, today announced it will release financial results for its fiscal third quarter 2025 on Wednesday, February 12, 2025, after the markets close.
Quantum Corporation (NASDAQQMCO) today announced scalability enhancements to its Quantum Myriad® all-flash file system, making it the first solution to offer incremental, in-place system scaling with dynamic, automatic data leveling. These advancements deliver unmatched flexibility and adaptability in a modern, all-flash file system so customers can meet their evolving storage requirements in the era of AI.
Quantum® Corporation (Nasdaq: QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, today announced of its entry into a Standby Equity Purchase Agreement (the “SEPA”) an investment fund managed by Yorkville Advisors Global, LP (“Yorkville”).
Quantum Corporation (NASDAQQMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, today announced the Company’s senior lenders recently exercised previously issued warrants to purchase shares of Quantum’s common stock. These transactions had been incorrectly reported by certain news outlets as a disposition of shares. The Company wanted to clarify the nature of these transactions and also reiterate that the associated parties are currently restricted from selling Quantum’s common stock as a result of Quantum's quarterly and financial results calendar.
Quantum Corporation (NASDAQQMCO) today announced development of a new highly parallel file system client for the Quantum Myriad® all-flash file system, designed to fully enable NVIDIA GPUDirect Storage® capability while offering on-the-fly client node deployments with cross platform compatibility, including NVIDIA Grace Hopper with Grace ARM-based architectures. This new capability offers an innovative approach to building artificial intelligence (AI)/machine learning (ML) infrastructure intended to let customers add powerful new graphics processing unit (GPU) nodes to Myriad clusters as needed to respond quickly to evolving workflow and pipeline needs. Designed to maximize GPU utilization and performance, the client is optimized for GPU-intensive workloads such as AI/ML model training and inferencing, high-performance computing (HPC) visualization and modeling, and video rendering.
PALM BEACH, Fla., Dec. 18, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Advancements in quantum hardware and algorithms are making quantum computing increasingly practical. New developments in quantum processors are improving their performance and stability, allowing for more complex calculations. Enhanced quantum algorithms are being designed to solve specific problems more efficiently. These improvements are crucial for integrating quantum computing with AI, as they enable more sophisticated data processing and analysis. As quantum systems become more accessible, their potential applications in AI grow. This integration is expected to lead to breakthroughs in areas such as optimization and predictive modeling. The ongoing progress in both fields is paving the way for innovative solutions and applications. A report from Grand View Research projected that the global quantum AI market was valued at USD 256.0 million in 2023 and is projected to grow at a CAGR of 34.4% from 2024 to 2030. The report said: “The market is growing rapidly, driven by advancements in quantum computing and its potential to solve problems that classical computers struggle with. Quantum computing enhances machine learning algorithms, enabling them to process vast datasets and uncover patterns that were previously unreachable. The combination of AI and quantum technologies is set to transform industries such as finance, healthcare, logistics, and manufacturing by enabling more precise predictions, optimizations, and real-time decision-making capabilities.” Active Tech Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), IonQ NYSE: IONQNYSEIONQ)(NASDAQ: SMCINASDAQSMCI, AgEagle Aerial Systems Inc. (NYSE: UAVSNYSE), Quantum Corporation (NASDAQ: QMCOQMCO).
