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WiMi Hologram Cloud Inc. Unveils H-QNN Technology for Efficient Binary MNIST Image Classification

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BEIJING, Aug. 13, 2026 /PRNewswire/ — WiMi Hologram Cloud Inc. (NASDAQ: WIMI) (“WIMI” or the “Company”), a globally leading technology provider, announces a major breakthrough in releasing Hybrid Quantum Neural Network (H-QNN), an innovative hybrid quantum-classical neural network technology tailored for the image recognition sector. The technology creatively integrates parameterised quantum circuits with classical neural network architectures and has been successfully deployed for binary image classification tasks on the MNIST dataset, delivering outstanding performance in classification accuracy, feature representation capability, and model training efficiency.

Image classification stands as one of the most fundamental and critical tasks within the field of computer vision. Spanning handwritten digit recognition, facial recognition, industrial defect detection, and autonomous driving perception systems, image classification technology forms the core foundation of nearly all modern AI visual systems. Conventional deep learning models primarily rely on Convolutional Neural Networks (CNNs) to execute feature extraction. CNNs extract edge, texture, contour, and semantic information step-by-step via sliding convolution kernels across images, then leverage fully connected networks to render classification decisions. Nevertheless, as data dimensions expand and image features grow increasingly intricate, traditional neural networks have gradually revealed multiple inherent limitations.

First, data distributions within high-dimensional feature spaces often feature complex nonlinear structures, requiring classical networks to incorporate massive quantities of parameters to construct sufficiently sophisticated decision boundaries. Second, deep network training is prone to issues such as vanishing gradients, local optima, and overfitting. In addition, training large-scale models demands enormous computational resources and energy consumption. Meanwhile, advances in quantum computing have opened new avenues to address the aforementioned challenges.

Its core design philosophy centers on fully harnessing the high-dimensional feature mapping capacity of quantum circuits during image classification: complex pattern recognition tasks are delegated to quantum layers, while parameter optimisation and final classification decisions are handled by mature, stable classical neural networks. This architecture design effectively circumvents the constraints imposed by the limited scale of current quantum hardware, while maximising the inherent advantages of quantum computing in feature representation.

From an overall architectural perspective, WIMI’s H-QNN establishes a complete end-to-end data processing pipeline that enables deep integration between quantum computing and classical computing.

To render classical images processable by quantum computers, the conversion of classical data into quantum-compatible data must be resolved first. Each image in the MNIST dataset consists of a 28×28-pixel grid with 784 grayscale values in total. Directly loading all pixel data into a quantum system would incur prohibitive quantum resource overhead. Accordingly, H-QNN first employs a classical preprocessing module to conduct dimensionality reduction and normalisation on input images. Standardised feature vectors are subsequently converted into data formats compatible with quantum state representation before entering the quantum encoding phase. Within this phase, classical features are mapped to the amplitudes and rotation angles of quantum bits. Each qubit is initialised to the ground state 0, and feature encoding is implemented through rotation gates. Quantum rotation operations translate image features into quantum state parameters; following this transformation, pixel information from the original image is embedded within the quantum state space, laying the groundwork for subsequent quantum feature learning.

One of the most pivotal innovations of WIMI’s H-QNN lies in its parameterised quantum feature learning module. Where traditional CNNs use convolution kernels to learn image features, this responsibility is undertaken by parameterised quantum circuits in H-QNN. The quantum layer is composed of stacked rotation gates and entanglement gates: rotation gates execute local feature transformations, whereas entanglement gates establish correlation relationships between distinct qubits.

Quantum states continuously evolve throughout this process. Driven by quantum entanglement mechanisms, intricate correlational structures emerge across multiple qubits, a correlation capacity far surpassing the linear connection schemes adopted by traditional neural networks. When certain patterns within images carry complex spatial relationships, quantum entanglement naturally captures these high-order features. This mechanism is particularly well-suited to processing nonlinear distributions embedded within high-dimensional data. Complex feature representations that may require hundreds or even thousands of neurons in classical networks can be expressed with far fewer parameters within the quantum feature space.

The essence of classification lies in identifying decision boundaries, which traditional neural networks construct through multi-layer nonlinear transformations. By contrast, WIMI’s H-QNN leverages the exponential dimensional advantage of quantum state spaces to deliver a more flexible classification mechanism. Within quantum state space, samples belonging to different categories are mapped to distinct spatial regions. Following multi-layer quantum transformations, data points that prove difficult to separate in classical space become far more distinguishable. Quantum feature mapping effectively amplifies inter-class distances, lowering classification difficulty; such quantum-enhanced feature spaces can substantially boost model recognition performance.

Upon completing quantum feature learning, the quantum system transmits extracted information back to the classical neural network via quantum measurement. The quantum measurement layer retrieves quantum state information and converts it into classical numerical values. Specifically, feature vectors are obtained by measuring the expectation values of Pauli operators, which are then fed into the classical classification network. The measurement process functions to compress and project high-dimensional features learned within quantum space back into classical space. Since complex feature extraction has already been completed by the quantum layer, the subsequent classification network can maintain a compact structure, allowing the overall model to sustain high precision while cutting down computational overhead.

Moving forward, WIMI intends to extend this model to more complex datasets. The company will also explore deeper quantum network architectures, adaptive quantum feature extraction mechanisms, and large-scale quantum entanglement learning frameworks. As quantum hardware performance sees sustained improvements, hybrid quantum-classical neural networks are poised to transition from laboratory research to industrial deployment, delivering transformative value across intelligent manufacturing, autonomous driving, remote sensing recognition, biomedical treatment, and financial analytics. The launch of H-QNN not only demonstrates the immense potential of quantum computing to empower artificial intelligence but also charts a new development trajectory for next-generation intelligent computing architectures, marking a vital milestone as quantum-enhanced machine learning advances from theoretical research toward practical real-world applications.

About WiMi Hologram Cloud Inc.

WiMi Hologram Cloud Inc. (NASDAQ: WIMI) focuses on holographic cloud services, primarily concentrating on professional fields such as in-vehicle AR holographic HUD, 3D holographic pulse LiDAR, head-mounted light field holographic devices, holographic semiconductors, holographic cloud software, holographic car navigation, metaverse holographic AR/VR devices, and metaverse holographic cloud software. It covers multiple aspects of holographic AR technologies, including in-vehicle holographic AR technology, 3D holographic pulse LiDAR technology, holographic vision semiconductor technology, holographic software development, holographic AR virtual advertising technology, holographic AR virtual entertainment technology, holographic ARSDK payment, interactive holographic virtual communication, metaverse holographic AR technology, and metaverse virtual cloud services. WiMi is a comprehensive holographic cloud technology solution provider. For more information, please visit http://ir.wimiar.com.

Translation Disclaimer

The original version of this announcement is the officially authorized and only legally binding version. If there are any inconsistencies or differences in meaning between the Chinese translation and the original version, the original version shall prevail. WiMi Hologram Cloud Inc. and related institutions and individuals make no guarantees regarding the translated version and assume no responsibility for any direct or indirect losses caused by translation inaccuracies.

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SOURCE WiMi Hologram Cloud Inc.

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24X Expands Digital Assets Prime Brokerage Partnership with Standard Chartered

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Bitcoin and Ethereum to be offered alongside existing FX, NDF and Spot Trading

HAMILTON, Bermuda, Nov. 10, 2026 /PRNewswire/ — 24X Bermuda Limited (“24X“), one of a select few global platforms that offer both crypto spot and FX trading on a single, unified technology infrastructure, today announced that it has expanded its partnership with Standard Chartered to include digital assets Prime Brokerage. This expanded partnership will now enable trading in Bitcoin (BTC) and Ethereum (ETH) on 24X’s institutional-grade, multi-asset trading platform. Standard Chartered is a leading international banking group.

With this expansion, 24X becomes the first trading platform to offer both crypto and FX products with Standard Chartered acting as the central counterparty. This structure allows counterparties to face only Standard Chartered while accessing OTC liquidity through 24X, which operates the execution-only platform and handles liquidity configuration, matching and straight-through processing (STP). Globally recognized as a leading FX NDF platform and offering FX spot and swaps, 24X aims to apply that expertise to drive institutional adoption of digital assets.

24X and Standard Chartered’s Prime Brokerage business already give clients access to FX NDFs, FX Spot, FX Deliverable Swaps, FX Non-Deliverable Swaps, and Metals. Bitcoin and Ethereum trading will operate in a similar capacity. This announcement comes shortly after Standard Chartered served as liquidity taker for first spot cryptocurrency trades on the 24X platform, with Cumberland DRW and Wintermute serving as liquidity providers.

24X CEO and Founder Dmitri Galinov said, “Institutional interest in digital assets is rapidly increasing, and this expansion of our partnership with Standard Chartered will enable the 24X platform to continually meet that demand. Our crypto trading infrastructure delivers the deep liquidity, rigorous oversight, and the same seamless workflow global financial institutions have come to expect from 24X. We are proud to deepen our relationship as global markets continue to converge around digital assets.” 

24X Bermuda Limited’s cryptocurrency activity is regulated by the Bermuda Monetary Authority. 24X also offers Deliverable Swaps, Non-Deliverable Swaps, Metals and Spot products to institutional customers in addition to NDFs. Since its launch in 2019, 24X’s multi-asset offering through a single trading interface has enabled market participants to access increased liquidity at lower cost. Through its subsidiary 24X National Exchange, trading in U.S. equities is available 16/5 via broker-dealers who are approved members of the Exchange.

About 24X 
24X Bermuda Holdings LLC (“24X”) is a privately held company with two primary operating subsidiaries: 24X Bermuda Limited (“24X Bermuda”), which allows seamless and cost-effective exchange of currency exposures, metals and spot cryptocurrency; and 24X National Exchange LLC (“24X Equities”), the first national securities exchange approved by the U.S. Securities and Exchange Commission (SEC) to operate 23 hours each weekday. 24X’s mission is to enable cost-effective trades across a growing range of asset classes around the clock by lowering the cost of exchanging assets in the global markets and simultaneously delivering creative and unique workflows tailored to each asset class. 24X Bermuda is a registered Introducing Broker with the U.S. Commodity Futures Trading Commission (CFTC) and a member of the National Futures Association (NFA ID #0556980). 24X Bermuda and its crypto activity are regulated by the Bermuda Monetary Authority. More information is available at https://www.24exchange.com.

Media Contact: 
Eric Andrus, KARV 
24Xmedia@karv.global 

View original content:https://www.prnewswire.co.uk/news-releases/24x-expands-digital-assets-prime-brokerage-partnership-with-standard-chartered-302934245.html

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Telecom Review Group Accelerates the Journey to 10Giga GCC with U6GHz

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DUBAI, UAE, Nov. 10, 2026 /PRNewswire/ — At the 20th edition of the Telecom Review Leaders’ Summit, held on October 20–21, 2026, at the Ritz-Carlton, Dubai Jumeirah Beach Residence, industry leaders examined how upper 6 GHz (U6GHz) spectrum and 5G-Advanced could accelerate the GCC’s journey toward 10 Gbps connectivity.

Moderated by Issam Eid, Group CMO and Partner at Telecom Review Group, the panel brought together Dr. Bilel Jamoussi, Deputy Director of ITU Telecommunication Standardization Bureau and Chief, Study Groups & Policy Department (SPD); Jawad Abbassi, Head of MENA, GSMA; Eng. Saif Bin Ghalita, Executive Director Technology Development Affairs, TDRA; Dr. Mahmoud Sherif, Head of Innovation and Technico Business Development, du; Dr. Ayman Elnashar, VP, Technology Strategy, Architecture & Innovation, etisalat; Steven Liu, Vice President of ICT Marketing and Solution Sales, Huawei Middle East and Central Asia; and Omar Samman, Head of Networks – Gulf, Ericsson.

Spectrum Policy Sets the Foundation

The UAE’s progress in commercial U6GHz deployment reflects the importance of forward-looking spectrum policy and regulatory coordination. Eng. Bin Ghalita outlined the country’s spectrum roadmap, including allocating 500 MHz in the 6 GHz band for indoor Wi-Fi in 2020 and subsequently designating 700 MHz, spanning 6.425–7.125 GHz, for International Mobile Telecommunications (IMT) in the 2024 National Frequency Plan.

These measures helped pave the way for commercial U6GHz deployments by etisalat and du. “For the U6GHz commercial launch, I would particularly like to recognize Huawei, with whom the UAE has had more than 25 years of engagement. Huawei has always delivered on its commitment,” Eng. Bin Ghalita mentioned. “This kind of collaboration is what turns our missions into tangible progress.”

Regulators must also address device compatibility and interference coordination.

“The regulator’s job does not end with spectrum assigned; it continues until the investment and the partnership translate into a better experience for society,” Eng. Bin Ghalita remarked.

The GSMA has pointed to growing international momentum behind U6GHz, with countries representing more than 80% of the world’s population now supporting mobile use of the band and more than 60 mobile ecosystem players supporting large-scale deployment. To advance the industry’s journey toward 6G, Abbassi stressed the importance of driving spectrum adoption while acknowledging and demonstrating the wider economic value of licensed U6GHz deployment.

“The licensed approach yields 7 times the economic benefits of keeping it in the unlicensed band,” noted Abbassi.

Dr. Jamoussi warned that divergent national approaches could fragment device and network ecosystems, increasing costs. “International harmonization will be essential to making advanced connectivity more affordable and interoperable,” he said.

Turning 10 Gbps Potential into Real-World Performance

U6GHz’s ultra-wide bandwidth is enabling significant advances in peak data rates, with du reporting a 10 Gbps peak data rate in a 5G-Advanced demonstration combining U6GHz and Sub-3 GHz spectrum. Dr. Sherif positioned the achievement as a milestone for the UAE’s wider telecommunications ecosystem.

“This achievement is particularly noteworthy given 5G-Advanced’s role in bridging 5G and 6G. There are so many key takeaways that we can evaluate as we pursue 6G commercialization,” highlighted Dr. Sherif.

Steven Liu identified fixed wireless access (FWA), mobile broadband, and AI-driven services as potential application areas, highlighting how U6GHz’s ultra-wide bandwidth supports higher-speed home broadband and demanding mobile applications, although actual performance will depend on network configuration and deployment conditions. Steven Liu emphasized that the industry can “bring a new level of innovative service and superior end-user experience to the market through U6GHz.”

Dr. Elnashar highlighted emerging enterprise offerings and AI-driven consumer applications. “It’s a journey that we started two or three years back with the first prototype of U6GHz in the UAE,” he remarked. “Following the trial where we demonstrated 10 Gbps downlink and uplink, I believe we are bridging the gap between wireless and fiber for the first time.”

Omar Samman highlighted rising uplink and low-latency demands from AI applications. “Uplink growth is no longer a prediction; it is already happening,” he said, noting the role of AI-enabled radio access network software and updated service-area planning.

Paving the Way for 6G Evolution

Following the panel, Allen Tang, President of Huawei’s Wireless Network & Cloud Core Network Marketing & Solution Sales, and Toni Eid, Founder of Telecom Review Group and CEO of Trace Media International, joined the panelists to officially mark the world’s first U6GHz commercial launch during an exclusive ceremony, highlighting the UAE’s progress in moving the technology from spectrum planning to commercial deployment.

The milestone underscored the region’s ambition to accelerate toward a 10 Gbps society. Achieving that vision, however, will require converged infrastructure, harmonized standards, device readiness, and sustainable investment. These factors will determine how effectively the GCC translates U6GHz potential into real-world connectivity and supports the transition to 6G.

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Blue Planet Strengthens Singapore-India Partnership with Uttar Pradesh Waste Infrastructure Agreement

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SINGAPORE, Nov. 10, 2026 /PRNewswire/ — Singapore-headquartered Blue Planet Environmental Solutions has signed a memorandum of understanding with the Government of Uttar Pradesh to advance integrated waste management infrastructure, marking a further step in Singapore–India collaboration on sustainable urban development.

The agreement establishes a framework for collaboration across scientific landfill remediation, fresh municipal solid waste processing and resource recovery. It reflects a shared focus on addressing accumulated waste while strengthening the infrastructure needed to manage the demands of urban growth.

The signing took place in Lucknow during a high-level Singapore Business Federation (SBF) delegation’s engagement with Hon’ble Chief Minister Shri Yogi Adityanath and senior government officials. Led by SBF Chairman Mark Lee, the visit built on dialogue following the Chief Minister’s visit to Singapore earlier this year, reinforcing business ties between Singapore and Uttar Pradesh.

For Blue Planet, the agreement represents an opportunity to bring its integrated waste management expertise to the state’s evolving environmental priorities. By connecting remediation with fresh waste processing and resource recovery, the collaboration aims to support a more coordinated approach to municipal waste management, enabling the productive use of recovered materials and land while reducing reliance on disposal.

Prashant Singh, Co-Founder & CEO, Blue Planet Environmental Solutions, said:

“Waste infrastructure is fundamental to how cities grow. Addressing legacy waste and managing the waste generated today must go hand in hand, supported by systems that recover resources and serve communities over the long term.

“Uttar Pradesh presents a significant opportunity to put this integrated approach into practice. This agreement deepens our commitment to the state and provides a foundation for sustained collaboration. We thank Hon’ble Chief Minister Shri Yogi Adityanath Ji and his team for their engagement and support, and look forward to bringing our operational expertise and execution capabilities to this shared ambition.”

The engagement underscores the growing scope for Singapore businesses to contribute specialised capabilities to India’s infrastructure development. Environmental services offer a meaningful avenue for such cooperation, bringing together international experience, local understanding and long-term operational partnerships.

Mark Lee, Chairman, Singapore Business Federation, said:

“Strong business relationships create the foundation for long-term cooperation between Singapore and India. Our continued engagement with Uttar Pradesh is helping businesses better understand the state’s priorities and identify where their capabilities can make a meaningful contribution.

“Blue Planet’s agreement illustrates how these relationships can translate into collaboration in an essential sector such as environmental infrastructure. We appreciate the engagement of Hon’ble Chief Minister Shri Yogi Adityanath Ji and his government, and look forward to supporting partnerships that deliver enduring value.”

Blue Planet will continue working with the relevant authorities to advance the collaboration in line with local requirements. The company’s focus will be on applying its remediation, treatment and resource recovery capabilities to support more resilient municipal waste systems and Uttar Pradesh’s broader development objectives.

About Blue Planet Environmental Solutions

Headquartered in Singapore, Blue Planet Environmental Solutions is an integrated waste management company with capabilities across the waste value chain. Its solutions span legacy waste remediation, municipal and industrial waste management, recycling and resource recovery, e-waste management, and organic waste and bioenergy. Blue Planet works with governments, municipalities and businesses to advance circular resource use and its mission of Zero Waste to Landfill.

For more information, visit www.blueplanet.asia.

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