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SoftBank Corp. and Quantinuum Announce Groundbreaking Partnership Toward Practical Application of Quantum Computing

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Partnership to drive commercial value through practical go-to-market use cases and develop business model for a quantum data center

TOKYO and BROOMFIELD, Colo., Jan. 28, 2025 /PRNewswire/ — SoftBank Corp. (“SoftBank“) and Quantinuum (“Quantinuum“) announced they agreed to a wide-ranging partnership in quantum computing.

By combining their respective strengths, both companies will unlock innovative quantum computing solutions that will overcome the limitations of classical artificial intelligence (AI) and realize next-generation technologies.

This unique initiative coincides with the International Year of Quantum Science and Technology (IYQ) in 2025, and it is expected to ignite new business opportunities through the dynamic fusion of AI and quantum computing.

The Necessity of Quantum Computing Beyond the Limits of AI

In this modern era, AI is delivering impressive results across various domains. However, it is widely recognized that there are still significant challenges that AI alone is struggling to overcome. Complex optimization problems, deciphering causal relationship analysis, and conducting high-precision simulations based on fundamental equations remain formidable obstacles for current AI technologies.

Moreover, the hybrid approach that combines Central Processing Units (CPUs), Graphics Processing Units (GPUs), and Quantum Processing Units (QPUs) holds the potential to further extend the capabilities of AI. By leveraging the unique strengths of each type of processing unit, hybrid systems can execute more advanced and diverse computations, providing innovative solutions that surpass traditional limitations.

SoftBank and Quantinuum believe in the power of quantum computing and are committed to exploring its transformative potential.

Current State and Challenges of Quantum Computing

Despite impressive growth in the quantum computing sector, several technical and business challenges need to be addressed to advance the state-of-the-art so that quantum computers are used to solve practical problems.

(1) Building a Business Model

Initial Investment and Operational Costs: The substantial initial investment and operational costs required for the development and deployment of quantum computers lack concrete cost recovery strategies, which in turn suppresses the drive for companies to develop and adopt the technology.Clarification of Revenue Models: The business models for generating revenue, including the methods of offering quantum computers and setting usage fees, have not yet been fully realized.

(2) Establishing Specific Use Cases

Discovering Use Cases: There is a shortage of use cases that clearly demonstrate which fields quantum computers will be useful in. Understanding the market size and revenue models through clear examples, especially in areas such as quantum chemical calculations and machine learning, is necessary.Understanding the Market and Revenue Predictions: It is crucial to specifically identify the areas where computations can only be performed by quantum computers and are commercially viable, as well as to predict the timing and scale of these applications.

(3) Advancing Hardware and Software Technologies

Limitations and Challenges of Hardware: The current hardware performance (number of qubits and operation precision) of quantum computers is inadequate for handling practical problems, and significant enhancements in performance are needed for practical use.Software Development and Error Mitigation: The development of hybrid algorithms that combine traditional methods, as well as advancements in error suppression, mitigation, and correction technologies, are essential to enable practical computations. Furthermore, developing technologies that mutually complement hardware and software are also indispensable.Timing for Service Provision: Making decisions based on a deep understanding of technology to provide services at the optimal timing requires assessing the speed of technological advancements and market needs.

Key Activities

SoftBank and Quantinuum are committed to addressing these challenges together to advance the practical application of quantum computers.

(1)  Joint Market Research & Business Model Development for Quantum Data Center

With a view toward the realization of a “quantum data center” capable of performing advanced calculation processing by combining CPUs, GPUs and quantum computers (QPUs), both companies will use the Japanese market as a foothold to conduct global market research in the Asia-Pacific region and other regions, and explore specific business models based on that research.Both companies will jointly consider methods to reduce investment risks, such as revenue sharing and cost sharing.

(2)  Construction of Quantum Use-Case Timelines and Validation

SoftBank will provide its own business challenges as use cases.Both companies will clarify use cases in quantum chemistry and network analysis, and construct a timeline showing when these use cases will be realized. In quantum chemistry, the search for new optical switch materials for All Optical Networks is anticipated, while in network analysis, the application to anomaly detection and fraud detection in SoftBank’s communication network is envisioned.Both companies will develop software technology that makes effective use of limited hardware resources, and explore methods for linking CPUs, GPUs, and QPUs.

Comments from each company

Ryuji Wakikawa, Head of Research Institute of Advanced Technology, SoftBank Corp., commented: “SoftBank believes in the potential of quantum computers and has been testing and evaluating various internal issues using quantum computers, and has started to obtain certain results. However, as a telecommunications operator, there are still many challenges remaining regarding how to provide quantum computing services in Japan. Through our collaboration with Quantinuum, which possesses the world’s highest-performance quantum computer hardware, we aim to be the first in the world to identify problems that can only be solved by quantum computers and look forward to significantly accelerating the practical application of quantum computing.”

Dr. Rajeeb Hazra, President and CEO of Quantinuum, commented: “Our partnership with SoftBank represents a pivotal moment in the evolution of quantum computing. By combining our strengths, we are poised to unlock innovative solutions that will not only enhance the capabilities of AI but also tackle challenges that have long been beyond reach. Together, we are laying the groundwork for a future where quantum technologies drive transformative advancements across multiple industries.”

By integrating quantum computing with AI, this initiative is expected to contribute to problem-solving in diverse fields such as healthcare, finance, logistics, and energy. This collaboration not only addresses unsolved challenges but also creates new market opportunities and fosters technological innovation across society.

About SoftBank Corp.

Guided by the SoftBank Group’s corporate philosophy, “Information Revolution – Happiness for everyone,” SoftBank Corp. (TOKYO: 9434) operates telecommunications and IT businesses in Japan and globally. Building on its strong business foundation, SoftBank Corp. is expanding into non-telecom fields in line with its “Beyond Carrier” growth strategy while further growing its telecom business by harnessing the power of 5G/6G, IoT, Digital Twin and Non-Terrestrial Network (NTN) solutions, including High Altitude Platform Station (HAPS)-based stratospheric telecommunications. While constructing AI data centers and developing homegrown LLMs specialized for the Japanese language with one trillion parameters, SoftBank is applying AI to enhance radio access network performance (AI-RAN) with the aim of becoming a provider of next-generation social infrastructure.

To learn more, please visit https://www.softbank.jp/en/.

About Quantinuum

Quantinuum, the world’s largest integrated quantum computing company, pioneers powerful quantum computers and advanced software solutions. Quantinuum’s technology drives breakthroughs in materials discovery, cybersecurity, and next-gen quantum AI. With around 600 employees, including 370+ scientists and engineers, Quantinuum leads the quantum computing revolution across continents.

For more information, please visit the website at www.quantinuum.com.

 

SoftBank, the SoftBank name and logo are registered trademarks or trademarks of SoftBank Group Corp. in Japan and other countries.Other company, product and service names in this press release are registered trademarks or trademarks of the respective companies.

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1-800Accountant Launches Tax Savings Services Designed for 1099 Workers

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New offering helps independent contractors structure their business to reduce their tax burden from day one

NEW YORK, April 22, 2026 /PRNewswire/ — 1-800Accountant, the nation’s leading virtual accounting firm for small businesses, announced the launch of a new service offering built specifically for 1099 workers and independent contractors. The service helps freelancers and self-employed professionals work with an accountant to select the right business setup for their income, with a focus on reducing taxes from the start.

Growth Is Outpacing Tax Readiness

Independent contractor work has grown significantly in recent years. 1-800Accountant’s client data shows sharp year-over-year growth across contractor-heavy industries, with Consulting up 17%, Construction up 10%, and Service-sector clients growing more than 200% compared to 2024. Despite this growth, many contractors continue to overpay their taxes because they operate without a formal business structure in place or the right tax election.

The gap is particularly visible in industries like Healthcare, Engineering, and Legal, where LLC adoption among 1-800Accountant clients sits at 81%, 72%, and 71%, respectively, well below the 90%-plus rates seen in higher-adoption industries like Construction and Real Estate. 1-800Accountant’s new business tax optimization service closes that gap by matching contractors with the right business type while ensuring their business is set up correctly before they file their first return.

“Independent contractors continue to be one of the fastest-growing segments of the American workforce, and they are also among the most underserved when it comes to strategic tax planning,” said Mike Savage, Founder and CEO of 1-800Accountant. “That lack of planning means that most 1099 workers don’t realize how much they’re leaving on the table. This service changes that. We’re giving contractors access to the same strategic advantages that established businesses have, ensuring the right business setup from the beginning.”

Tax Strategy Built In from Day One

These services walk clients through a structured process that includes accountant-recommended business types, registering with the appropriate state agencies, and coordinating with an accountant to ensure alignment between the structure and the client’s specific tax situation. 1-800Accountant integrates business setup for 1099 earners into a broader tax strategy tailored around each contractor’s income level, filing status, and long-term goals.

“What sets us apart is the tax strategy layer,” said Ryan Teeples, Chief of Strategy at 1-800Accountant. “What contractors and gig workers actually need are professionals to help them understand which tax setup makes the most sense for their income, their industry, and where they want their business to go. Then, we do the work to save on both their business and personal taxes. That’s what we’re delivering here.”

The service is available now to new and existing 1-800Accountant clients. Pricing starts at $19 per month (plus any government filing fees) and includes business setup evaluation, tax return preparation and filing, state registration, federal registration, simple-to-use AI bookkeeping software, and a consultation with a tax expert for onboarding and explanation of their individual tax situation.

About 1-800Accountant

1-800Accountant is the nation’s leading virtual accounting firm for small businesses and independent contractors. With a team of credentialed accountants and tax professionals, 1-800Accountant provides bookkeeping, tax preparation, tax planning, and advisory services to clients across all 50 states. The firm is committed to making professional accounting accessible and affordable for business owners at every stage.

Contact: Wyatt Johnson
Content Manager, 1-800Accountant
920-807-9159 | media@1800accountant.com

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9fin launches in APAC to expand global credit coverage

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With APAC playing a bigger role in increasingly complex global credit markets, 9fin brings the news, data and AI tools professionals need to navigate volatility

HONG KONG, April 22, 2026 /PRNewswire/ — 9fin, the AI-native information platform for global debt markets, has formally launched in the Asia Pacific region, giving credit professionals access to cutting-edge news, data and analysis across private and public bonds and loans.

As the 9fin team continues to grow quickly across APAC from its initial base in Hong Kong, it is supporting firms locally by providing proprietary credit intelligence, comprehensive data, and AI-powered workflow tools, all within one unified platform.

The launch comes as the tussle between public and private markets intensifies in APAC, making it more important than ever for banks, asset managers, advisors, and law firms to have visibility across the full credit landscape. While bond issuance has dropped amid geopolitical disruption, private credit activity remains robust as borrowers seek alternative financing options.

By combining deal intelligence from local sources with its extensive global credit database and AI tools, the 9fin platform gives users a comprehensive view across fragmented markets. The APAC platform includes coverage of more than 1,800 issuers and 16,000 instruments, with issuance history dating back to 2003 following 9fin’s acquisition of Bond Radar, in March 2025.

9fin is already used by more than 300 institutions globally, including KKR, Apollo, BNP Paribas, and Kirkland & Ellis. The company’s APAC buildout — supported by its $170 million Series C fundraise in March 2026 — marks the next phase of its global expansion.

Steven Hunter, CEO and co-founder at 9fin, commented: “APAC is a complex region and is becoming even more so as private markets expand and geopolitical volatility increases. The region needs a faster, smarter platform covering the full picture across bonds, loans, private credit and distressed. That’s exactly what 9fin provides. With our full platform now live in APAC, we’re giving our users the clarity to make informed decisions, faster.”

9fin’s APAC launch follows its expansion across the US, Europe, and Latin America, with CEEMEA to follow.

About 9fin

9fin is the AI-native platform for global debt markets. Founded by former J.P. Morgan banker Steven Hunter and Deutsche Bank engineer Hussam EL-Sheikh, the company combines data, analytics, and AI-powered workflows in a single platform, helping clients work smarter and faster to outperform their peers.

The company is headquartered in London, with offices in New York, Hong Kong, and Belfast and with teams across Latin America and Asia. For more information, visit 9fin.com.

Media contacts
Jessica Simpkin
jessica.simpkin@9fin.com
Shree Dhond/Katie Nerantzis
Dukas Linden Public Relations | 9fin@dlpr.com

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Trimble First Quarter Earnings Call and Webcast

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WESTMINSTER, Colo., April 22, 2026 /PRNewswire/ — Trimble (Nasdaq: TRMB) will hold a conference call on Wednesday, May 6, 2026 at 8 a.m. ET to review its first quarter 2026 results. The call will be broadcast live on the web at https://events.q4inc.com/attendee/544327873. Analysts who wish to dial into the call may do so by first registering at https://events.q4inc.com/analyst/544327873?pwd=s5ilhwSm. Upon registration, dial-in details will be sent via email to the registrant.

About Trimble

Trimble is a global technology company that connects the physical and digital worlds, transforming the ways work gets done. With relentless innovation in precise positioning, modeling and data analytics, Trimble enables essential industries including construction, geospatial and transportation. Whether it is helping customers build and maintain infrastructure, design and construct buildings, optimize global supply chains or map the world, Trimble is at the forefront, driving productivity and progress. For more information about Trimble (Nasdaq: TRMB), visit: www.trimble.com.

FTRMB

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