WIMI

Financial Performance: WiMi Hologram Cloud Inc. reported a significant increase in cash reserves, totaling approximately RMB 3.266 billion (USD 455 million), with plans to invest USD 450 million in quantum and holographic technologies as well as blockchain applications.

Company Overview: WiMi specializes in holographic AR technology solutions across various sectors, including automotive and entertainment, demonstrating strong operational strategies and management capabilities that enhance its financial position.

WiMi's Quantum Machine Learning Algorithm: WiMi Hologram Cloud Inc. is developing a quantum machine learning algorithm that integrates quantum acceleration technology to enhance the training efficiency of large-scale machine learning models by utilizing sparse neural networks and quantum ordinary differential equations.

Impact on AI and Sustainability: The new algorithm aims to reduce computational complexity and energy consumption in traditional machine learning processes, potentially leading to sustainable advancements in artificial intelligence applications across various fields such as digital art and natural language processing.

WiMi's Quantum Algorithm Development: WiMi Hologram Cloud Inc. has developed a Quantum Computing-Based Feedforward Neural Network (QFNN) algorithm that significantly enhances the speed and efficiency of neural network training by utilizing Quantum Random Access Memory (QRAM) and quantum computing techniques for feedforward propagation and backpropagation.

Implications and Applications: The QFNN algorithm not only reduces computational complexity and training time but also shows resilience to overfitting, making it suitable for large-scale applications in fields such as financial analysis, autonomous driving, and biomedical research, while also paving the way for quantum-inspired classical algorithms.