Quantinuum Wants to Sell Shares on Nasdaq

Introduction

Quantinuum is a company that makes very fast computers. Now, it wants to sell shares to the public in the USA.

Main Body

Quantinuum started in 2021. The company spent more than 2 billion dollars on research. They made computers that are faster than normal computers. But the company loses money. Last year, they made 30.9 million dollars. However, they lost 192.6 million dollars. Other big companies like Nvidia gave them money before. Now, banks like J.P. Morgan help them sell shares. The boss says these computers are as important as AI.

Conclusion

Quantinuum is joining the Nasdaq stock market to grow its business.

Learning

💰 Money Words

Look at how the story talks about money. At A2 level, you need to know the difference between making money and losing money.

  • Make →\rightarrow To get money (Positive)
    • Example: "They made 30.9 million dollars."
  • Lose →\rightarrow To spend more than you have (Negative)
    • Example: "The company loses money."

âš–ī¸ Comparing Things

When we want to say two things are the same or one is better, we use these patterns:

  1. Faster than... (One is better)

    • Pattern: [Adjective + er] + than
    • Text: "faster than normal computers"
  2. As important as... (They are equal)

    • Pattern: as + [Adjective] + as
    • Text: "as important as AI"

📅 Time Markers

Notice how the text jumps from the past to now:

  • Started in 2021 →\rightarrow Past (Finished)
  • Last year →\rightarrow Past (Finished)
  • Now →\rightarrow Present (Happening now)

Vocabulary Learning

company (n.)
a business organization
Example:The company sells computers.
company
A business organization.
Example:The company released a new product.
makes (v.)
creates or produces
Example:She makes cakes every weekend.
make
To create or produce.
Example:She makes her own bread.
very (adv.)
to a high degree
Example:It is very hot today.
fast
Moving quickly.
Example:He is a fast runner.
fast (adj.)
moving quickly
Example:The car is fast.
computer
An electronic device for processing data.
Example:I use a computer to write emails.
computers (n.)
electronic devices that process data
Example:I use a computer for school.
public
Open to everyone.
Example:The event is open to the public.
wants (v.)
desires
Example:He wants a new bike.
USA
United States of America.
Example:She lives in the USA.
sell (v.)
exchange for money
Example:They sell apples at the market.
started
Began.
Example:The project started last year.
shares (n.)
parts of a company
Example:She bought shares in the company.
research
A systematic investigation.
Example:They conducted research on climate change.
public (adj.)
open to everyone
Example:The public can attend the event.
faster
Quicker.
Example:The new model is faster than before.
normal
Usual or typical.
Example:This is a normal day.
USA (n.)
United States of America
Example:He lives in the USA.
lose
To not have.
Example:I often lose my keys.
started (v.)
began
Example:The project started last month.
spent (v.)
used money
Example:They spent money on food.
money
Currency used for buying and selling.
Example:He saved some money.
billion (n.)
one thousand million
Example:The company earned a billion dollars.
last
Previous.
Example:The last book was interesting.
dollars (n.)
currency unit in the USA
Example:I have ten dollars.
year
Twelve months of a calendar.
Example:We will travel next year.
research (n.)
study to find information
Example:They did research on the topic.
made
Produced or created.
Example:She made a cake.
made (v.)
created
Example:She made a cake.
million
A number equal to one thousand thousand.
Example:They earned a million dollars.
faster (adj.)
quicker
Example:The new phone is faster.
lost
No longer have.
Example:I lost my phone.
normal (adj.)
usual or typical
Example:It is a normal day.
other
Different or additional.
Example:I have other plans.
loses (v.)
fails to keep
Example:He loses his keys often.
big
Large in size or amount.
Example:He has a big house.
money (n.)
currency used for transactions
Example:We need more money.
like
Similar to or enjoy.
Example:She likes chocolate.
last (adj.)
previous or most recent
Example:The last book was good.
gave
Provided or offered.
Example:He gave me a gift.
year (n.)
twelve months
Example:It has been a long year.
before
Earlier in time.
Example:I finished before noon.
million (n.)
one thousand thousand
Example:They have a million followers.
banks
Financial institutions that hold money.
Example:The banks are open.
other (adj.)
different from the one mentioned
Example:Other people also came.
help
Assist or support.
Example:Can you help me?
big (adj.)
large in size
Example:She has a big house.
sell
To trade something for money.
Example:They sell books.
companies (n.)
multiple business organizations
Example:Many companies are hiring.
shares
Pieces of ownership in a company.
Example:I own shares in the company.
like (prep.)
similar to or in the same way
Example:She likes chocolate.
boss
The person in charge of a workplace.
Example:The boss is nice.
gave (v.)
provided or handed over
Example:He gave me a gift.
says
States or declares something.
Example:He says he is tired.
before (adv.)
earlier in time
Example:We left before noon.
important
Significant or necessary.
Example:It is important to study.
banks (n.)
financial institutions that hold money
Example:She works at a bank.
grow
Increase in size or amount.
Example:The business will grow.
help (v.)
assist or support
Example:Can you help me?
business
Commercial activity or company.
Example:She runs a small business.
boss (n.)
person in charge of a workplace
Example:The boss is strict.
stock
Shares of a company.
Example:The stock market is volatile.
important (adj.)
of great value or significance
Example:It is important to study.
market
Place where goods or services are bought and sold.
Example:The market is busy.
AI (n.)
artificial intelligence, computer systems that mimic human thinking
Example:AI can help doctors.
joining (v.)
becoming a member of
Example:She is joining the team.
stock (n.)
ownership shares in a company
Example:Stock prices rise.
market (n.)
place where goods or services are bought and sold
Example:The market is busy.
grow (v.)
increase in size or amount
Example:The plant will grow.
business (n.)
commercial activity or enterprise
Example:He runs a small business.