News · Yahoo Finance

Gix Internet: Quantum X Labs Achieved Key Milestones with NVIDIA CUDA-Q Decoder and IBM Quantum Hardware

Gix Internet, which holds about 13% (2,818,585 shares) of Quantum X Labs (QXL), announced two technology milestones reported by QXL. QXL's quantum error-correction decoder, now running on NVIDIA CUDA-Q, made 12.7% fewer logical errors than the standard PyMatching decoder at code distance 3 and 12.1% fewer at distance 5 on Google's public data, and its streaming decoder showed error rates about 6% and 9% lower at those distances. In a separate test, QXL's QuantumQ Security unit reduced measurement bias on three IBM quantum processors from roughly 11%–15% to below 6%, and cut maximum cumulative error 15- to 21-fold using its LayerQake technology. Gix does not control QXL and has not independently verified the test results, so no benefit to its shareholders is assured.

Summary written by Upside AI from the original article. Read the source for full details.

Read the original on Yahoo Finance ↗

Keywords

quantum computingNvidiaIBM

Open a keyword to see other news on the same topic.

Related tickers and likely impact

NVDA

• Neutral

Nvidia

Relevance: low

MarketUS stocks
SectorInformation Technology
IndustrySemiconductors
Market cap$5.2T
Close on 10/21/2026221.87
Change that session+2.49%
NVDA price, forecasts and signals →

Impact is scored by AI from the headline and may be wrong. It is not investment advice.

Related news

Related markets

US stocks →

Latest news

  • Infragistics to Strengthen Blazor Development with Microsoft

    Infragistics announced it is working with Microsoft to advance Blazor, adding features, fixing bugs and contributing directly to Blazor and the wider .NET ecosystem. The company has made 50 of its Ignite UI controls for Blazor open source since late 2025, including a free data grid, and has dedicated engineers mainly to .NET 11 Blazor development. It is also open-sourcing an MIT-licensed Blazor wrapper for ApexCharts, which has more than 1.5 million weekly NPM installs and offers a native C# API for 17 chart types. Its Blazor products have passed Microsoft's security and accessibility compliance process, and Ignite UI will be surfaced in Visual Studio scaffolder and project templates. Visual Studio is used by more than 7 million .NET developers each month.

    Yahoo Finance·
  • Meta's AI build-out comes with an $825 billion price tag

    Meta Platforms (META) announced plans for a 2-for-1 stock split to help fund its AI capital expenditure. Shares slid in pre-market trading on Thursday after the company reported third-quarter earnings the previous day. The 8:30 hosts examined Meta's commitments of $825 billion for its AI infrastructure build-out.

    Yahoo Finance·▼ METAMETAAI investmentcapital expenditure
  • Nevada Canyon Announces Significant Gold Intercepts Including 2.07 g/t Au over 47.3 Metres at the Lapon Canyon Gold Project

    Nevada Canyon Gold (OTCQX: NGLD) reported drill results from its 2026 reverse circulation program at the Lapon Canyon Gold Project in Nevada, also reported by Walker River Resources (TSXV: WRR). Highlights include 2.07 g/t gold over 47.25 m in hole LC-26-175, including 3.07 g/t over 30.48 m, and 2.02 g/t over 48.77 m in LC-26-179. The results show continuity and thickness of monzonite-hosted mineralization, increasing the potential for significant mineral resources. The initial NI 43-101 mineral resource estimate is now expected in the first half of 2027 due to assay lab delays. Hole LC-26-174 was lost before reaching its target depth, and LC-26-186 was terminated at 64.01 m due to ground conditions.

    Yahoo Finance·goldminingNevada Canyon Gold
  • Crypto is making a splash in U.S. elections — but chiefly in jabs about industry influence

    Crypto has become a campaign issue in the U.S. midterms, mainly as a target of Democratic attacks rather than a topic in industry-funded ads, which avoid mentioning it. Democrats including Mark Warner and Sherrod Brown link the sector's political spending and its ties to President Donald Trump to corruption concerns. Brown said the crypto and data-center crowd had reached up to $40 million in spending, with much of the opposition ads against him in Ohio funded by the Fairshake super PAC. Fairshake also spent $2 million in a failed bid to defeat Oliver Gilbert in a Florida primary. A Fox News poll found 88% of voters were at least very concerned about government corruption, a top issue that gives these attacks weight.

    CoinDesk·cryptomidterm electionsDemocratic Party
  • Bitcoin ETF buyers are trend followers, not setters, DWF Labs says

    DWF Labs research covering 694 trading days since January 2024 finds that flows into and out of US spot Bitcoin ETFs follow past price moves rather than predict future returns. Investors pulled money in seven of the eight drops of at least 15%, and all nine rallies of that size drew net inflows. Daily flows had a correlation of 0.54 with price changes over the previous five sessions but only 0.03 with the following five. Net outflows were heaviest at $6.9 billion from October 2025 to February 2026 and $8.2 billion during the May–June decline, though the data does not show whether institutions or retail investors were selling. Sell-offs of 15% or more have become less frequent, at about three a year since the ETFs launched versus about four a year in 2022–2023.

    Cointelegraph·• BTC/USDTbitcoinETFcrypto
  • Rapid Micro Biosystems (RPID) is Rebuilding Credibility After an Ill-Conceived Capital Raise

    White Brook Capital's Q3 2026 investor letter highlights Rapid Micro Biosystems (NASDAQ:RPID), a life sciences firm providing automated microbial detection and quality control for biopharmaceutical manufacturing. The stock closed at $0.82 on October 21, 2026, with a $40.94 million market cap, down 71.86% year to date and trading in a 52-week range of $0.76 to $4.94. White Brook says the business has strengthened, margin targets have been met, and the MilliporeSigma relationship is on track. However, the share price has suffered from an ill-conceived equity issuance and concerns that more could follow. The firm believes the share price implies a more pessimistic outlook for next year's cash use than is likely.

    Yahoo Finance·RPIDfundraisingpharmaceuticals

All news →

Get the briefing on Telegram or Zalo

Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.