| MicroAlgo Inc. Announces Research on Quantum Information Recursive Optimization (QIRO) Algorithm, for Combinatorial Optimization Problems to Expand and Solve New Ideas |
Shenzhen, May 14, 2025 (GLOBE NEWSWIRE) -- MicroAlgo Inc. Announces Research on Quantum Information Recursive Optimization (QIRO) Algorithm, for Combinatorial Optimization Problems to Expand and Solve New Ideas |
globenewswire.com |
2025-05-14 14:15:00 |
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| MicroAlgo Inc. Develops Quantum Convolutional Neural Network (QCNN) Architecture to Enhance the Performance of Traditional Computer Vision Tasks Using Quantum Mechanics Principles |
SHENZHEN, China , May 12, 2025 /PRNewswire/ -- MicroAlgo Inc. (the "Company" or "MicroAlgo") (NASDAQ: MLGO), they announced today their research on quantum visual computing, exploring the integration of quantum computing with classical convolutional neural networks. They are developing a Quantum Convolutional Neural Network (QCNN) architecture to enhance the performance of traditional computer vision tasks using quantum mechanics principles. |
prnewswire.com |
2025-05-12 19:00:00 |
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| MicroAlgo Inc. Develops Quantum Image Encryption Algorithm Based on Quantum Key Images, Offering A Higher Security Image Protection Solution |
SHENZHEN, China , May 8, 2025 /PRNewswire/ -- MicroAlgo Inc. (the "Company" or "MicroAlgo") (NASDAQ: MLGO) announced that the quantum image encryption algorithm they developed, based on quantum key images, is an innovative image protection scheme. This algorithm uses a quantum key image to store encryption keys, leveraging quantum entanglement and parallelism to achieve efficient image encryption. |
prnewswire.com |
2025-05-08 16:40:00 |
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| MicroAlgo Inc. Develops Classifier Auto-Optimization Technology Based on Variational Quantum Algorithms, Accelerating the Advancement of Quantum Machine Learning |
SHENZHEN, China , May 2, 2025 /PRNewswire/ -- MicroAlgo Inc. (the "Company" or "MicroAlgo") (NASDAQ: MLGO) announced today the launch of their latest classifier auto-optimization technology based on Variational Quantum Algorithms (VQA). This technology significantly reduces the complexity of parameter updates during training through deep optimization of the core circuit, markedly improving computational efficiency. |
prnewswire.com |
2025-05-02 15:10:00 |
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| MicroAlgo Inc. Develops Quantum Edge Detection Algorithm, Offering New Solutions for Real-Time Image Processing and Edge Intelligence Devices |
SHENZHEN, China , May 1, 2025 /PRNewswire/ -- MicroAlgo Inc. (the "Company" or "MicroAlgo") (NASDAQ: MLGO), announced today that their newly developed quantum edge detection algorithm has broken through the limitations of classical methods. This technology optimizes the feature extraction process through quantum circuits, reducing computational complexity from O(N²) to O(N) while maintaining detection accuracy, thereby providing new solutions for real-time image processing and edge intelligence devices. |
prnewswire.com |
2025-05-01 15:50:00 |
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| MicroAlgo Announces Strong Net Income and Cash Growth in 2024, Driven by Robust Demand for Central Processing Algorithm Services |
SHENZHEN, China , April 28, 2025 /PRNewswire/ -- MicroAlgo Inc. (NASDAQ: MLGO), (the "Company"), a leading developer and application provider of bespoke central processing algorithms, today announced its financial results for the year ended December 31, 2024. The Company reported total revenues of RMB 541.5 million (USD 75.3 million) and net income of RMB 53.4 million (USD 7.3 million), marking a significant turnaround from the previous year's net loss of RMB 266.2 million and net loss of RMB 46.54 million in 2022. |
prnewswire.com |
2025-04-28 17:00:00 |
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| MicroAlgo Announces Strong Net Income and Cash Growth in 2024, Driven by Robust Demand for Central Processing Algorithm Services |
Shenzhen, April 28, 2025 (GLOBE NEWSWIRE) -- Shenzhen, China, April 28, 2025 – MicroAlgo Inc. (NASDAQ: MLGO), (the “Company”), a leading developer and application provider of bespoke central processing algorithms, today announced its financial results for the year ended December 31, 2024. The Company reported total revenues of RMB 541.5 million (USD 75.3 million) and net income of RMB 53.4 million (USD 7.3 million), marking a significant turnaround from the previous year's net loss of RMB 266.2 million and net loss of RMB 46.54 million in 2022. This return to profitability is largely attributed to the company's strategic shift away from its intelligent chips and services segment, and dedication of resources resulting in strong performance in its central processing algorithm services, which accounted for 100% of revenues in 2024. |
globenewswire.com |
2025-04-28 12:00:00 |
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| MicroAlgo Inc. Develops Classical Boosted Quantum Optimization Algorithm (CBQOA) |
SHENZHEN, China , April 24, 2025 /PRNewswire/ -- MicroAlgo Inc. (the "Company" or "MicroAlgo") (NASDAQ: MLGO), announced today the development of an innovative technology, the Classical Boosted Quantum Optimization Algorithm (CBQOA). This algorithm integrates the search capabilities of classical computing with the parallel computing characteristics of quantum computing, effectively addressing constrained optimization problems without modifying the cost function. |
prnewswire.com |
2025-04-24 14:30:00 |
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| MicroAlgo Shares Jump After WiMi Increases Stake |
MicroAlgo shares were up 45% at $17.15 after WiMi Hologram Cloud said it has increased its stake in MicroAlgo to 67.65%. |
marketwatch.com |
2025-03-27 12:52:00 |
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| WIMI Hologram Cloud Inc has increased its stake in MicroAlgo Inc (NASDAQ: MLGO) to 67.65% and committed to a ten-year lock-up period for all currently owned MicroAlgo shares. |
BEIJING , March 27, 2025 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WiMi) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced it has increased its stake in MicroAlgo Inc (NASDAQ: MLGO) to 67.65% and committed to a ten-year lock-up period for all currently owned MicroAlgo shares. As of March 27, 2025, WIMI Hologram Cloud Inc holds 40,000 Class A ordinary shares, 1,810,658 Class A ordinary shares (restricted), and 44,878,261 Class B ordinary shares (restricted) of MicroAlgo Inc. (NASDAQ: MLGO) ("MicroAlgo Inc."), representing a total equity stake of 67.65% of MicroAlgo's total shares outstanding. |
prnewswire.com |
2025-03-27 11:15:00 |
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| Nasdaq Composite Today: CRWD, FCX Rise in Valiant Effort, MLGO Retreats |
The markets are off to a volatile start, meandering between positive and negative ground. |
247wallst.com |
2025-03-25 12:42:33 |
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| MicroAlgo Inc. plans to issue additional new shares at an offering price of $0.8 per share. |
SHENZHEN, March 24, 2025 (GLOBE NEWSWIRE) -- MicroAlgo Inc. plans to issue additional new shares at an offering price of $0.8 per share. |
globenewswire.com |
2025-03-24 11:15:00 |
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| MicroAlgo Inc. plans to issue additional new shares at an offering price of $0.8 per share. |
SHENZHEN, China , March 21, 2025 /PRNewswire/ -- MicroAlgo Inc. (NASDAQ: MLGO), (the "Company"or "MicroAlgo"), today announced the plan to issue more new shares, considering that MicroAlgo Inc. entered into a convertible bond purchase agreement with creditors on October 7, 2024, with a total amount of US$20 million. These bonds have a maturity period of 360 days. |
prnewswire.com |
2025-03-21 15:30:00 |
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| MicroAlgo Inc. Develops Multi-Simulator Collaborative Algorithm Based on Subgraph Isomorphism to Enhance Quantum Computer Performance Using Distributed Computing Advantages |
SHENZHEN, China , March 17, 2025 /PRNewswire/ -- MicroAlgo Inc. (NASDAQ: MLGO), (the "Company"or "MicroAlgo"), today announced the introduction of an innovative solution: a multi-simulator collaborative algorithm based on subgraph isomorphism, aimed at overcoming the limitations of qubit numbers and leveraging the advantages of distributed computing to enhance the performance of quantum computers. The core concept of MicroAlgo's multi-simulator collaborative subgraph isomorphism algorithm is to decompose large quantum circuits into multiple smaller sub-circuits, leveraging parallel and distributed computing techniques to distribute computation tasks across multiple quantum computers or quantum simulators. |
prnewswire.com |
2025-03-17 11:00:00 |
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| MicroAlgo Inc. Explores the Grover Quantum Search Algorithm, Utilizing Quantum Superposition and Interference Principles to Achieve Fast Target Information Location in Unordered Databases |
SHENZHEN, China , March 14, 2025 /PRNewswire/ -- MicroAlgo Inc. (the "Company" or "MicroAlgo") (NASDAQ: MLGO), today announced that their research and development team has improved the stability and practicality of the algorithm by optimizing the quantum circuit design, reducing the qubit error rate, which enhances the performance of the Grover algorithm in real-world applications. Throughout the entire technical process, MicroAlgo focuses on the stability and practicality of the algorithm. |
prnewswire.com |
2025-03-14 11:00:00 |
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| MicroAlgo Inc. Develops Quantum Neural Networks Integrated with Grover's Algorithm to Enhance Big Data Search Efficiency |
SHENZHEN, China , March 13, 2025 /PRNewswire/ -- MicroAlgo Inc. (the "Company" or "MicroAlgo") (NASDAQ: MLGO), today announced that their research team has used quantum neural networks to classify and extract features from data in databases, focusing the search space on subsets that are more likely to contain the target. By leveraging feature extraction and pattern recognition techniques in quantum machine learning, they preprocess and filter the features of the database in advance, narrowing down the search range. |
prnewswire.com |
2025-03-13 13:45:00 |
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| MicroAlgo Inc. Develops Hybrid Classical-Quantum Algorithms to Optimize Multi-Query Problems |
SHENZHEN, China , Jan. 2, 2025 /PRNewswire/ -- MicroAlgo Inc. (the "Company" or "MicroAlgo") (NASDAQ: MLGO), today announced the development of an innovative hybrid algorithm that combines the advantages of classical and quantum computing to optimize Multi-Query Optimization (MQO) problems. Quantum computing is a technology that uses the principles of quantum mechanics to process information. |
prnewswire.com |
2025-01-02 11:00:00 |
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| MicroAlgo Inc. Announces the Launch of FULL Adder Operation Quantum Algorithm Technology Based on CPU Registers in Quantum Gate Computing |
SHENZHEN, China , Dec. 31, 2024 /PRNewswire/ -- MicroAlgo Inc. (the "Company" or "MicroAlgo") (NASDAQ: MLGO), today announced the successful development of a groundbreaking quantum algorithm technology, specifically a FULL adder operation based on CPU registers in quantum gate computers. This innovative technology brings new possibilities to the development of quantum computing. |
prnewswire.com |
2024-12-31 11:15:00 |
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| MicroAlgo Inc.: What Caused the Stock to Surge Over 200%? |
MicroAlgo Inc. NASDAQ: MLGO has captured the attention of investors and analysts with a 200% surge in its stock price. This dramatic increase coincided with a shareholder update and MicroAlgo's news of a significant investment by Masaya Otsuka. |
marketbeat.com |
2024-06-25 10:55:34 |
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| Why Is MicroAlgo (MLGO) Stock Up 113% Today? |
MicroAlgo (NASDAQ: MLGO ) stock is rocketing higher on Monday alongside news of Masaya Otsuka taking a 13.56% stake in the company. This comes from 700,000 shares of MLGO stock that were acquired by Otsuka. |
investorplace.com |
2024-06-24 16:31:44 |
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| Why Is MicroAlgo (MLGO) Stock Down 32% Today? |
MicroAlgo (NASDAQ: MLGO ) stock is down on Wednesday but it's less to do with bad news and more to do with the shares coming off of a recent rally. Investors will note that shares of MLGO stock soared 669.9% during normal trading hours on Tuesday. |
investorplace.com |
2024-06-05 12:42:04 |
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| 5 Investors Betting on MicroAlgo (MLGO) Stock in Q1 |
Shares of MicroAlgo (NASDAQ: MLGO ) stock are surging higher by over 650% after the company announced that it would establish a micro-consciousness quantum research center in collaboration with WiMi (NASDAQ: WIMI ), its parent company. The research center will combine several disciplines, including physics, polymer chemistry and philosophy, in order to advance the study of consciousness. |
investorplace.com |
2024-06-04 20:01:53 |
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| Why Is MicroAlgo (MLGO) Stock Up 162% Today? |
MicroAlgo (NASDAQ: MLGO ) stock is up on Tuesday after the central processing algorithm solutions company announced a joint micro-consciousness quantum research center with WIMI (NASDAQ: WIMI ). MicroAlgo says that its joint research center with WIMI will cover physics, mathematics, medicine, genetics, computer science, biology, polymer chemistry, philosophy, psychology, sociology and other forms of research. |
investorplace.com |
2024-06-04 11:47:46 |
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| MicroAlgo Inc. (NASDAQ: MLGO) Announced to Jointly Establish a Micro-Consciousness Quantum Research Center With WIMI (NASDAQ: WIMI) |
BEIJING , June 4, 2024 /PRNewswire/ -- MicroAlgo Inc. (NASDAQ: MLGO) (the "Company" or "MicroAlgo"), today announced that MicroAlgo and WiMi will jointly establish a micro-consciousness quantum research center. It will integrate physics, mathematics, medicine, genetics, computer science, biology, polymer chemistry, philosophy, psychology, sociology, and many other disciplines to form a comprehensive research institute based on various disciplines centered on consciousness. |
prnewswire.com |
2024-06-04 08:10:00 |
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| WIMI Announced to Jointly Establish a Micro-Consciousness Quantum Research Center With MicroAlgo |
BEIJING , June 4, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that WiMi and MicroAlgo will jointly establish a micro-consciousness quantum research center. It will integrate physics, mathematics, medicine, genetics, computer science, biology, polymer chemistry, philosophy, psychology, sociology, and many other disciplines to form a comprehensive research institute based on various disciplines centered on consciousness. |
prnewswire.com |
2024-06-04 08:06:00 |
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| MicroAlgo stock opened 60% up on Monday: what happened? |
MicroAlgo (NASDAQ: MLGO) opened a whopping 60% up on Monday after announcing a “deep clustering algorithm based on multi-level feature fusion”. MicroAlgo stock still down materially year-to-date The new algorithm solves issues related to “data dimensionality disaster and feature redundancy, the central processing algorithm solutions company said in a press release today. |
invezz.com |
2024-03-25 12:50:24 |
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| Why Is MicroAlgo (MLGO) Stock Up 68% Today? |
MicroAlgo (NASDAQ: MLGO ) stock is on the rise Monday after the central processing algorithm solutions company announced its creation of a deep clustering algorithm based on multi-level feature fusion. According to a press release from MicroAlgo, its new deep clustering algorithm solves some problems present in current models. |
investorplace.com |
2024-03-25 10:29:04 |
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| MicroAlgo Inc. Announced a Deep Clustering Algorithm Based on Multi-level Feature Fusion |
BEIJING , March 25, 2024 /PRNewswire/ -- MicroAlgo Inc. (NASDAQ: MLGO) (the "Company" or "MicroAlgo"), today announced that it developed a deep clustering algorithm based on multi-level feature fusion. Multi-level feature fusion refers to the fusion of different levels of data features to obtain a richer representation of the features and improve the clustering algorithm's ability to understand the data, resulting in better clustering results. |
prnewswire.com |
2024-03-25 10:00:00 |
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| MicroAlgo Inc. Announced Bitcoin Trading Prediction Algorithm Based on Machine Learning and Technical Indicators |
BEIJING , Dec. 26, 2023 /PRNewswire/ -- MicroAlgo Inc. (NASDAQ: MLGO) (the "Company" or "MicroAlgo"), today announced a Bitcoin trading prediction algorithm based on machine learning and technical indicators. The algorithm combines deep learning, technical analysis and quantitative trading strategies to provide investors with more accurate and intelligent decision support. |
prnewswire.com |
2023-12-26 12:59:00 |
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| Why Is MicroAlgo (MLGO) Stock Up 55% Today? |
MicroAlgo (NASDAQ: MLGO ) stock is rising higher on Wednesday after the company announced plans to establish a postgraduate training facility. According to a press release from MicroAlgo, its Chinese companies will be working together with Shenzhen University Semiconductor Manufacturing Research Institute and the Haikou Comprehensive Free Trade Zone Management Committee. |
investorplace.com |
2023-12-06 10:11:32 |
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| MicroAlgo Inc. announced plans to establish a practice base to train graduate students for the university |
BEIJING , Dec. 6, 2023 /PRNewswire/ -- MicroAlgo Inc. (NASDAQ: MLGO) (the "Company" or "MicroAlgo"), today announced that its Chinese companies, Shenzhen University Semiconductor Manufacturing Research Institute, and Haikou Comprehensive Free Trade Zone Management Committee plan to sign a cooperation agreement, namely "postgraduate training and practice base", marking the three parties contributing to the development of domestic innovation to make the talent ecological construction more perfect. Subsequently, the three parties will take the joint training of master's degree students, and school tutor pairing as an entry to expand the field of cooperation, considering the country's major needs and industrial advantages of Haikou, through close cooperation and integration of advantageous resources on all fronts, and to further promote the school to jointly declare the national local scientific research projects, and the construction of key laboratories and other cooperation. |
prnewswire.com |
2023-12-06 10:00:00 |
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| MicroAlgo Inc. Announced That Its Company Will Establish A Postgraduate Training Practice Base |
BEIJING , Dec. 6, 2023 /PRNewswire/ -- MicroAlgo Inc. (NASDAQ: MLGO) (the "Company" or "MicroAlgo"), today announced that its Chinese companies, Shenzhen University Semiconductor Manufacturing Research Institute, and Haikou Comprehensive Free Trade Zone Management Committee plan to sign a cooperation agreement, namely "postgraduate training and practice base", marking the three parties contributing to the development of domestic innovation to make the talent ecological construction more perfect. Subsequently, the three parties will take the joint training of master's degree students, and school tutor pairing as an entry to expand the field of cooperation, considering the country's major needs and industrial advantages of Haikou, through close cooperation and integration of advantageous resources on all fronts, and to further promote the school to jointly declare the national local scientific research projects, and the construction of key laboratories and other cooperation. |
prnewswire.com |
2023-12-06 08:00:00 |
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| Why Is MicroAlgo (MLGO) Stock Down 29% Today? |
MicroAlgo (NASDAQ: MLGO ) stock is taking a beating on Monday after the company's shares recently saw a massive rally. Investors who watch MLGO stock no doubt noticed the company's shares closed out normal trading hours on Friday up 110.4%. |
investorplace.com |
2023-09-25 12:47:15 |
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| Why Is MicroAlgo (MLGO) Stock Up 76% Today? |
MicroAlgo (NASDAQ: MLGO ) stock is rising higher on Friday after the central processing algorithm solutions company announced a new algorithm. According to its press release, the company has created a new knowledge-enhanced backtracking search algorithm. |
investorplace.com |
2023-09-22 14:30:18 |
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