IQM Achieves Quantum Computing Profitability by Emulating SpaceX's Early Revenue ModelIQM Achieves Quantum Computing Profitability by Emulating SpaceX's Early Revenue ModelFinnish quantum computing firm IQM has achieved early-stage profitability by leveraging a SpaceX-inspired strategy of selling pre-commercial quantum systems to government-backed research institutions and supercomputing centers, CEO Jan Goetz announced at The Next Web (TNW) conference. This approach has generated over €90 million ($100 million) in orders since its 2018 founding,
Trump Administration Moves to Speed Up Offshore Critical Minerals ExplorationTrump Administration Moves to Speed Up Offshore Critical Minerals ExplorationThe Trump administration announced on June 25 that it will accelerate exploration and development of offshore critical minerals, foreign media reported.
WEF Unveils Top 10 Emerging Technologies of 2025 at Summer DavosWEF Unveils Top 10 Emerging Technologies of 2025 at Summer DavosAt the 16th Summer Davos Forum on June 25, the World Economic Forum (WEF) officially released its 2025 list of Top 10 Emerging Technologies. The selected technologies include collaborative sensing, generative watermarking, green nitrogen fixation, nanozymes, engineered living therapies, GLP-1 drugs for neurodegenerative diseases, autonomous biochemical sensing, structural battery composites, osmotic energy generation systems, and advanced nuclear energy technologies.
China, Hong Kong Launch Cross-Border Payment Connect SystemChina, Hong Kong Launch Cross-Border Payment Connect SystemChina’s central bank and Hong Kong’s monetary authority launched "Payment Connect" on June 22, linking mainland China’s Online Interbank Payment Clearing System (IBPS) with Hong Kong’s Faster Payment System (FPS) to enable real-time cross-border remittances. The initiative, announced in a joint statement on June 20, aims to streamline cross-border transactions for residents in both regions.
