Technology

IBM and Basque Government announce plan to install Europe’s first IBM Quantum System Two at the IBM-Euskadi Quantum Computational Center in Spain

Published

1 year ago

March 13, 2025

IBM Quantum System Two to be powered by a utility-scale 156-qubit IBM Quantum Heron processor.Installation of IBM Quantum System Two at the IBM-Euskadi Quantum Computational Center expected to be completed by the end of 2025.Members of the IBM-Euskadi Quantum Computational Center intend to use IBM’s most performant architecture to advance discovery and solutions in physics, information science, and materials science.

YORKTOWN HEIGHTS, N.Y., March 13, 2025 /CNW/ — The Basque Government, and IBM (NYSE: IBM) today announced plans to install Europe’s first IBM Quantum System Two at the IBM-Euskadi Quantum Computational Center on Ikerbasque Foundation’s main campus in San Sebastian, Spain (Gipuzkoa, Spain). The deployment builds on the organizations’ partnership, which began in 2023 as part of the BasQ initiative to further establish the Basque Country as a leading technology hub. Since the initial announcement, the parties have agreed to update the original plan to install an IBM Quantum System One, to now deploy IBM’s most advanced modular quantum computer, IBM Quantum System Two, which is expected to be complete by the end of 2025.

BasQ’s IBM Quantum System Two, to be managed by IBM, will be powered by an IBM Quantum Heron, the company’s most performant quantum processor to date, engineered to expand to multiple processors in the future. IBM Heron is capable of executing utility-scale algorithms beyond the capabilities of brute-force, classical simulation methods, including leveraging Qiskit software to accurately run certain classes of quantum circuits with up to 5,000 two-qubit gate operations.

This installation dedicated to Spain’s quantum innovators across academia, research labs, and industries represents IBM’s continued effort to expand Europe’s quantum ecosystem. Members of the IBM-Euskadi Quantum Computational Center will have access to these capabilities and resources to help build a quantum workforce, promote economic development, and develop new, useful algorithms to, in turn, help accomplish the Basque Country Government’s IKUR 2030 vision for quantum technologies. These efforts in algorithm development would be directly applied toward accomplishing IKUR 2030 goals, such as research into modeling new materials, research into how quantum computing can be used as part of the initiative’s broader sustainability efforts.

“With this scientific infrastructure, the Basque Country will be positioned as a global reference hub in quantum computing. This technology will help progress in the digital transformation and provide us with a state-of-the-art scientific infrastructure that will strengthen the scientific, technological and innovation ecosystem that must facilitate this transformation. The IBM Quantum System Two will be a key tool for the Basque Network for Science, Technology and Innovation to generate cutting-edge knowledge in the Basque Country, to implement highly specialized higher education programs at our universities, and to be prepared for the impact of quantum computing in the coming years by both the Basque public sector and the industry. The arrival of this computer will be a great opportunity for the Basque Country’s economic and social development and will enable us to cooperate with other regions, countries and actors in the development and impact of this technology,” said the President of the Basque Country Government, Mr. Imanol Pradales.

“The IBM-Euskadi Quantum Computational Center’s dedicated IBM Quantum System Two will give Spain’s quantum community of researchers, developers, and industry experts unparalleled access to our most performant, most advanced quantum technologies—including the tools to develop algorithms that will help drive the entire quantum ecosystem toward achieving a quantum advantage within the next two years,” said Jay Gambetta, Vice President, IBM Quantum.

About the IBM-Euskadi Quantum Computational Center

The IBM-Euskadi Quantum Computational Center was announced in 2023 to promote the use of advanced technology across all the Basque Country Government and the General Deputations (Araba, Bizkaia and Gipuzkoa), further elevating research institutions by expanding international research collaborations, performing world-class fundamental scientific research, and increasing the quantum-trained talent in the region. The center will provide computational infrastructure for researchers from the Basque Government and its partners to help researchers meet these goals.

IBM and the Basque Government are also collaborating to develop workforce programs aimed at building and establishing world-class talent in the Basque Country and across Spain. The IBM-Euskadi Quantum Computational Center programs are driving internal and external awareness, education, and skill building through the development of immersive and integrated learning programs.

About IBM

IBM is a leading global hybrid cloud and AI, and business services provider, helping clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 4,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

For more information, visit https://research.ibm.com.

About Ikerbasque

In 2007, The Basque Government created Ikerbasque to reinforce the Basque scientific system through the attraction, recovery and retention of researchers from all around the world. The Basque Foundation for Science is a consolidated organization with 373 researchers from 35 different countries, from all fields of knowledge, and currently working in 25 partner institutions.

*L-R: Horacio Morell, IBM Spain, Portugal, Greece, Israel General Manager; Jay Gambetta, Vice President, IBM Quantum; Mr. Imanol Pradales, President of the Basque Country Government; Eider Mendoza, General Deputy of Gipuzkoa.

Media Contacts:

Chris Nay
IBM Research Communications
cnay@us.ibm.com

Paola Ortega Hernández
IBM Brand, Social and Communications Leader
Spain, Portugal, Greece and Israel
paola.ortega@ibm.com

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SOURCE IBM

Technology

Thinkific to Hold Annual General Meeting on June 18, 2026

Published

15 minutes ago

June 11, 2026

(Virtual Only)

VANCOUVER, BC, June 11, 2026 /CNW/ – Thinkific Labs Inc. (“Thinkific” or the “Company”) (TSX: THNC), a leading learning commerce platform, will hold its Annual General Meeting, at 10:00 a.m. PT, Thursday, June 18, 2026, via live webcast (the “Meeting”).

Notice and Access and Record Date
Thinkific is using the notice-and-access procedures to deliver the Meeting materials to shareholders. Shareholders will have received a notice with instructions on how to access the Management Information Circular and related materials electronically, and how to request a paper copy if preferred.

The record date for determining shareholders entitled to receive notice of and to vote at the Meeting is April 30, 2026.

Registered shareholders and duly appointed proxyholders can attend the Meeting online at meetnow.global/MQDKXZY. Registered shareholders and duly appointed proxyholders can log in using a control number or invite code, as applicable, to participate, vote, or submit questions during the Meeting’s live webcast.

Shareholders are encouraged to vote in advance of the Meeting by submitting their proxy or voting instruction form by 11:00 a.m PT, Wednesday, June 18, 2025, the deadline indicated in the Meeting materials.

Guests are welcome to listen to the Meeting proceedings by registering at meetnow.global/MQDKXZY.

The Management Information Circular is available under the Company’s profile on SEDAR+ at www.sedarplus.ca.

About Thinkific
Thinkific (TSX:THNC) is an award-winning learning commerce platform where courses and community come together to power business growth. Thinkific gives academies, experts, and businesses everything they need to create and sell online learning experiences, build communities, and grow their revenue — all from one platform. More than 35,000 customers — including companies like GoDaddy, Nasdaq, ActiveCampaign, and Datadog — have generated billions in revenue using Thinkific, impacting more than 200 million people worldwide.

For more information, please visit www.thinkific.com.

SOURCE Thinkific Labs Inc.

Technology

Cars.com Names Sarah Kettler Chief Marketing Officer

Published

15 minutes ago

June 11, 2026

Veteran marketplace leader with track record of scaling modern brands, driving demand and accelerating business performance joins executive team to help shape company’s next chapter

CHICAGO, June 11, 2026 /PRNewswire/ — Car-shopping marketplace Cars.com Inc. (NYSE: CARS) today announced the appointment of Sarah Kettler as Chief Marketing Officer, effective June 15, 2026. In her role, Kettler will oversee the company’s integrated marketing and communications organization, responsible for strengthening the brand, deepening customer engagement, driving growth and advancing the company’s long-term strategic objectives.

Kettler joins from SeatGeek, a ticketing technology marketplace, where she spent a decade leading marketing, most recently as Executive Vice President, Marketing & Communications. During her tenure, she built a performance marketing engine that doubled consumer awareness, strengthened platform value for buyers and sellers, and drove sustained growth — while capturing meaningful share in a crowded market. Prior to SeatGeek, Kettler held strategy and communications roles at WME-IMG and Deloitte Consulting.

“Sarah brings exactly the kind of experience we need at this moment,” said Tobi Hartmann, CEO of Cars.com. “She’s built and positioned marketplace brands, she understands the dynamics of connecting buyers and sellers at scale, and she knows how to translate brand strategy into real business growth. I’m confident she’ll be a strong force as we continue strengthening our position as the most trusted auto marketplace.”

Kettler added: “The opportunity to join Cars.com at this inflection point is incredibly compelling. We’re at an exciting moment where artificial intelligence and technology are rapidly changing how we can market, but the core of what Cars.com needs to do remains the same: Deliver confident shopping for consumers and enable efficient growth for dealers and OEMs. I look forward to building off the company’s strong foundation while helping drive the next chapter of growth.”

About Cars.com Inc.

Cars.com Inc. (NYSE: CARS) is a trusted audience-powered and data-driven technology platform that simplifies buying and selling cars. The flagship Cars.com marketplace connects millions of consumers to dealerships across the U.S., powering the car buying experience with artificial intelligence (“AI”) shopping tools and comprehensive vehicle reviews and content. Our interconnected ecosystem of products enables dealers and OEMs to sell more cars by efficiently leveraging our marketplace, dealer websites, trade and appraisal tools, and proprietary in-market media solutions. Learn more at www.carscommerce.inc.

View original content to download multimedia:https://www.prnewswire.com/news-releases/carscom-names-sarah-kettler-chief-marketing-officer-302798492.html

SOURCE Cars.com Inc.

Technology

Space Exploration Technologies Corp. Announces Filing of Final Prospectus in Connection with Initial Public Offering

Published

15 minutes ago

June 11, 2026

A supplemented PREP prospectus and any amendment will be accessible through SEDAR+ within two business days

STARBASE, Texas, June 11, 2026 /CNW/ – Space Exploration Technologies Corp. (“SpaceX”) today announced that, in connection with its initial public offering of shares of Class A common stock, it has received a receipt for a base PREP prospectus dated June 11, 2026 filed with the securities regulatory authorities in each of the provinces and territories of Canada and is accessible on SEDAR+ at www.sedarplus.ca.

A supplemented PREP prospectus containing pricing information and any amendment will be accessible within two business days under SpaceX’s profile on SEDAR+ at www.sedarplus.ca. Access to the supplemented PREP prospectus and any amendment is provided in accordance with securities legislation relating to procedures for providing access to a supplemented PREP prospectus and any amendment.

An electronic or paper copy of the base PREP prospectus, the supplemented PREP prospectus when available and any amendment may be obtained, without charge, from RBC Dominion Securities Inc., 180 Wellington Street West, 8th Floor, Toronto, ON M5J 0C2, Attn: Distribution Centre, or via email at Distribution.RBCDS@rbccm.com by providing an email address or address, as applicable.

No securities regulatory authority has either approved or disapproved the contents of this news release. This news release does not constitute an offer to sell or solicitation of an offer to buy any of these securities in any jurisdiction in which the offering or sale is not permitted. This press release does not provide full disclosure of all material facts relating to the securities offered. In Canada, the offering is only made by prospectus. Investors should read the base PREP prospectus, the supplemented PREP prospectus and any amendment for disclosure of those facts, especially risk factors relating to the securities offered, before making an investment decision.

United States

A registration statement relating to the Class A common stock was declared effective by the Securities and Exchange Commission on June 11, 2026. This offering is being made only by means of a prospectus, copies of which may be obtained, when available, from: Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, by telephone at 866-471-2526 or by email at prospectus-ny@ny.email.gs.com; Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, Second Floor, New York, NY 10014 or by email at prospectus@morganstanley.com; BofA Securities, Inc., Attention: Prospectus Department, NC1-022-02-25, 201 North Tryon Street, Charlotte, NC 28255-0001 or by email at dg.prospectus_requests@bofa.com; Citigroup Global Markets, Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717 or by telephone at 1-800-831-9146; or J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717 or by email at prospectus-eq_fi@jpmchase.com and postsalemanualrequests@broadridge.com.

About SpaceX

Founded in 2002, SpaceX is the only company building the integrated hardware and software infrastructure of the future across space, connectivity, and AI. At our core, we are builders. We design, manufacture, launch, and operate products and services built on cutting-edge technologies, including the world’s most advanced rockets and spacecraft.

SOURCE Space Exploration Technologies Corp.