WiMi Hologram Cloud shares surge 11.20% intraday after announcing hybrid quantum-classical neural network technology for MNIST classification.

WiMi Hologram Cloud surged 11.20% intraday following the announcement of its Hybrid Quantum-Classical Neural Network (H-QNN) technology for efficient MNIST image classification. The breakthrough, which demonstrates the company’s leadership in quantum machine learning and scalable quantum feature mapping, highlights its competitive edge in high-dimensional image recognition tasks. This innovation addresses limitations of classical models like CNNs, showcasing potential applications in computer vision, medical imaging, and video analysis. The positive reaction aligns with the news, as the technology underscores WiMi’s R&D progress and positions it for long-term growth in quantum computing integration, outweighing recent bearish sentiment from declining revenue reports.