Category Archives: Quantum Computing

Unpacking the AI and quantum computing convergence – SiliconANGLE News

Technologys evolution is often a permutation of several existing combinations. One of those pairings in todays computing environment is artificial intelligence and quantum computing, with the latter supplying efficiency and reduced resource usage.

At the forefront of this intersection is quantum computing software company Multiverse Computing S.L.

The real idea was, OK, we have AI systems that are expensive to train they are large andso on, and could we just prepare something that isnot only smaller, because you have to fit the system somewhere,but also consumes less energy, saidEnrique Lizaso(pictured), co-founder and chief executive officer of Multiverse Computing. We analyzedthe problem and said, Yes, this is a particular problem that fits into quantum computing. Then,at some point somebody inside thecompany suggested, OK, we have done that in the manufacturing line can we apply that to LLMs?'

Lizaso spoke with theCUBE Research principal analyst Rob Strechayat the Supercloud 6: AI Innovators event, during an exclusive broadcast on theCUBE, SiliconANGLE Medias livestreaming studio. They discussed the transformative potential of harnessing AI and quantum computing to streamline industrial and enterprise operations.

Often seen as trailing behind tech giants such as the United States and China, Europe is now asserting its presence in the quantum and AI domains. Multiverse Computings recent successful funding round highlights the continents commitment to pushing boundaries in these fields.

The companys ethos sheds light on thepotential for quantum-inspired techniques to reshape industries beyond the realm of tech giants.From defect detection in manufacturing to real-time patient monitoring in healthcare and injury prediction in sports, the applications are vast and transformative, according to Lizaso. The core principle, however, remains constant: making AI more accurate, efficient and cost-effective.

I think that two days ago, there was some newsin the Financial Times about Iran using 20% of the electricityproduction just for data centers, Lizaso said. The demandfor new data centers and also for more performance from the data centers isescalating super fast.So, they say, OK, we have to apply the data centers touse green energy. [But] the AIelectricity consumption isescalating so fast that even if you put all the resources of greenelectricity you have now, you are not going to cope with the demand.

A pressing concern in AI deployment is the integrity of models, particularly in scenarios such as customer service where misinformation can have severe consequences. Multiverse Computings upcoming solution promises to address this by enabling models to selectively forget information, mitigating the need for costly retraining due to data errors or privacy violations, according toLizaso.

We thought that, OK, thosequantum techniques make a representation of the distribution of the knowledge insidea [large language model], he said. From a different point of view,I mean the systems authorization you can just extract,eliminate some parts of information with more precision.This is super important [our new solution] is going toappear in the next months. So, its not only about compressing and making cheap thingscheaper, but also to do that.

Heres the complete video interview, part of SiliconANGLEs and theCUBE Researchs coverage of the Supercloud 6: AI Innovators event:

THANK YOU

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Unpacking the AI and quantum computing convergence - SiliconANGLE News

‘Entangling’ UH students with quantum bit research | University of Hawaii System News – University of Hawaii System

Reading time: 2 minutes Lawrence Berkeley National Laboratory in California

Quantum computing is poised to transform information technology and our understanding of information. To participate in the international race to find the best quantum bits (qubits), which are at the heart of any quantum computer, the University of Hawaii at Mnoa and the Lawrence Berkeley National Laboratory in California have launched a new program to enable UH students to participate in state-of-the-art experimental programs on the continental U.S. that are fundamental to the discovery of qubits.

It will provide undergraduate students with exposure to qubit design experiments that will influence them to consider going to graduate school in key fields and pave the way for future Department of Energy internships and training, said Alice Koniges, project lead and graduate faculty in the UH Mnoa Information and Computer Sciences Department. Math and computational graduate students and their UH advisors will benefit from exposure to experiments as a real-world application of their models.

The new partnership will focus on experiments related to qubit synthesis, which is creating the building blocks of quantum computers and other quantum technologies. The research team includes Koniges, UH Mnoa Department of Mathematics Professor Monique Chyba, Department of Physics and Astronomy affiliate graduate faculty David Eder, and Thomas Schenkel who is the head of the Lawrence Berkeley National Laboratory Fusion Science and Ion Beam Technology program.

We are thrilled at Berkeley Lab about this opportunity to work with UH in this exciting topic area and to support the next generation of scientists in their career development, Schenkel said. High energy density science and quantum information science are rapidly developing areas and it is fascinating to bring these topics together here in our new collaboration with experiments, modeling and simulations.

Funding for this project comes from a new three-year grant from the U.S. Department of Energy, and provides hands-on experimental opportunities for UH students and advances UHs research in high energy density physics.

Modeling of the experiments will use the PISALE (Pacific Island Structured-Adaptive Mesh Refinement with Arbitrary Lagrangian-Eulerian) code, which is provided by the PISALE code lab led by Koniges. The new collaboration is another application area for PISALE and facilitates exchange of students and faculty between UH and Lawrence Berkeley National Laboratory, which has groundbreaking experiments that can be modeled with the PISALE code.

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'Entangling' UH students with quantum bit research | University of Hawaii System News - University of Hawaii System

Rigetti Computing Reports Fourth Quarter and Full Year 2023 Results – GlobeNewswire

BERKELEY, Calif., March 14, 2024 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (Rigetti or the Company), a pioneer in full-stack quantum-classical computing, today announced its financial results for the fourth quarter and year ended December 31, 2023.

Fourth Quarter and Full Year 2023 Financial Highlights

Business Updates

Wins Innovate UK Competition to Deliver 24-Qubit Quantum Computing System to NQCC In February 2024, Rigetti was awarded a Small Business Research Initiative (SBRI) grant from Innovate UK and funded by the National Quantum Computing Centre (NQCC) to develop and deliver a quantum computer to the NQCC. As part of the project, Rigetti proposes to develop and deploy a 24-qubit quantum computer based on the Companys Ankaa-class architecture. The proposed system is planned to be deployed at NQCCs Harwell Campus, which is expected to open later this year and will serve as NQCCs landmark facility to support quantum computing research in the UK.

Since deploying our first UK-based quantum computer in 2022, we have had the privilege of collaborating with the UKs talented quantum computing research community. We believe building a system at the NQCC could enable even more innovative discoveries to deepen our understanding of how to improve superconducting quantum computers with the goal of solving practical problems currently intractable by classical resources alone, said Dr. Subodh Kulkarni, Rigetti CEO.

On-Premise QPU Capabilities Mature with Novera QPU Launch In December 2023, Rigetti launched the Novera QPU (quantum processing unit), a 9-qubit QPU based on the Companys Ankaa-class chip architecture. The Novera QPU is Rigettis first commercially available QPU. After identifying an emerging market of researchers needing hands-on access to a quantum computer with high performing qubits, Rigetti made the strategic decision to meet the anticipated growing demand with its in-house quantum foundry capabilities and years of experience building 9-qubit QPUs for internal R&D. Rigetti designs and manufactures its QPUs at Fab-1, the industrys first dedicated and integrated quantum device and manufacturing facility, located in Fremont, California. Rigetti has now completed two Novera QPU sales, both to leading national labs. The first sale was to the Superconducting Quantum Materials and Systems Center (SQMS) led by Fermilab in the second quarter of 2023 as part of the Companys partnership with SQMS as its lead industry partner.

QPU Sales Grow with Delivery of Novera QPU to AFRL In the third quarter of 2023, Rigetti delivered its second Novera QPU to the Air Force Research Lab (AFRL) Information Directorate as part of the Companys Indefinite Delivery Indefinite Quantity (IDIQ) contract. The IDIQ contract enables AFRL to harness Rigettis fabrication capabilities for quantum networking hardware research and development.

A key objective of AFRL's Information Directorate quantum networking program is to develop interfaces between leading quantum technologies to enhance the functionality, scalability, and application space of quantum networking hardware. This includes innovating new interfaces to enable the operation of superconducting qubit platforms with telecom light," said Matthew LaHaye, Senior Research Physicist at AFRL Information Directorate. AFRL researchers plan to utilize the Novera QPU, in conjunction with photonic integrated circuitry, for novel investigations of light delivery and collection in the control and measurement of superconducting quantum processors. This work will entail fundamental studies of light-matter interactions and engineering of new, reduced-footprint techniques for cryogenic optical i/o, LaHaye added.

Awarded Innovate UK Grant to Advance Quantum Machine Learning Techniques for Finance Rigetti is continuing its efforts to develop quantum computing solutions for financial institutions. Rigetti was awarded an Innovate UK grant with the aim to develop quantum machine learning techniques to enable financial institutions to more effectively process, interpret, and make decisions with complex data streams. Joining Rigetti in this project is Amazon Web Services (AWS), Imperial College London, and Standard Chartered.

Awarded Phase 2 of DARPA Quantum Benchmarking Program Building on the work completed in Phase 1 of the Defense Advanced Research Projects Agency (DARPA) Quantum Benchmarking program aiming to develop a resource estimation framework to provide insight into the requirements of a superconducting quantum computing system necessary for solving large-scale, complex problems, Rigetti was awarded Phase 2, the goal of which is refining and optimizing the estimates for selected utility-scale problems, delivering new upper bounds on these requirements. Phase 2 is expected to be heavily focused on researching fault-tolerant quantum applications. Of particular interest are dynamical chemistry simulations and modeling the dynamics of quantum systems. The University of Technology Sydney, Aalto University, and the University of Southern California will continue to be project partners in Phase 2.

Partners with Oak Ridge National Laboratory (ORNL) and Riverlane to Integrate and Benchmark Rigetti Quantum Computers with ORNLs Summit Supercomputer Recently, Rigetti announced that it is partnering with Riverlane and Oak Ridge National Laboratory (ORNL) to work to improve HPC-quantum integration. To develop the integration of quantum computers into HPC environments, the project partners plan to build the first-ever benchmarking suite for measuring the performance of a joint HPC + quantum system, to be run on ORNLs Summit supercomputer. For the quantum components, researchers plan to use simulated hardware based on key elements of Riverlanes quantum error correction stack and real remote hardware located at Rigettis headquarters in California.

Technology Roadmap and QPU Performance Milestones

Deploys 84-Qubit Ankaa-2 System with a 2.5X Increase in Error Performance Following the internal deployment of the 84-qubit Ankaa-1 system in March 2023, Rigettis 84-qubit Ankaa-2 system was made publicly available in December 2023 making it the Companys highest qubit count QPU available to the public. In addition to the new chip architecture that features a square lattice and tunable couplers, Rigetti implemented several technology updates to the system, including a new chip fabrication process, new printed circuit board technology, and electronics improvements, that contributed to Ankaa-2 achieving a 98% median 2-qubit gate fidelity a 2.5X increase in error performance compared to the Companys previous QPUs.

Building on Performance Success of Ankaa-2; Announces Ankaa-3 Launch Plan The Company plans to develop and deploy its anticipated 84-qubit Ankaa-3 system with the goal of achieving a 99% median 2-qubit gate fidelity by the end of 2024, and to develop the 336-qubit Lyra system thereafter.

We are confident in our ability to build better performing QPUs, as evidenced by our impressive Ankaa-2 performance. We believe we have laid the groundwork for building scalable, high performing QPUs with our proven modular chip architecture and the innovative Ankaa chip design that resulted in a 98% median 2-qubit gate fidelity. We are excited for the anticipated development and deployment of our Ankaa-3 system, which we believe will demonstrate the excellence and ingenuity of our engineering, software, and hardware teams, said David Rivas, Rigetti CTO.

We believe our leadership and expertise in full-stack quantum systems paired with our strong collaborations with researchers around the world across academia, industry, and government, puts us in a unique position to tackle the challenges of building a quantum computer capable of addressing real-world problems. With Rigetti QPUs now in two research labs internationally, we are even more optimistic that practical quantum computing is in reach, said Dr. Kulkarni.

Conference Call and Webcast Rigetti will host a conference call later today, March 14, 2024, at 5:00 p.m. ET, or 2:00 p.m. PT, to discuss its fourth quarter 2023 and full year 2023 financial results.

You can listen to a live audio webcast of the conference call at https://edge.media-server.com/mmc/p/5yuqcscr/ or the Events & Presentations section of the Companys Investor Relations website at https://investors.rigetti.com/. A replay of the conference call will be available at the same locations following the conclusion of the call for one year.

To participate in the live call, you must register using the following link: https://register.vevent.com/register/BI50b5aaacc3644ccfad45c9fcfbb1bb2e. Once registered, you will receive dial-in numbers and a unique PIN number. When you dial in, you will input your PIN and be routed into the call. If you register and forget your PIN, or lose the registration confirmation email, simply re-register to receive a new PIN.

About Rigetti Rigetti is a pioneer in full-stack quantum computing. The Company has operated quantum computers over the cloud since 2017 and serves global enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform. The Companys proprietary quantum-classical infrastructure provides high performance integration with public and private clouds for practical quantum computing. Rigetti has developed the industrys first multi-chip quantum processor for scalable quantum computing systems. The Company designs and manufactures its chips in-house at Fab-1, the industrys first dedicated and integrated quantum device manufacturing facility. Learn more at http://www.rigetti.com.

Contacts Rigetti Computing Investor Contact: IR@Rigetti.com

Rigetti Computing Media Contact: press@rigetti.com

Cautionary Language Concerning Forward-Looking Statements Certain statements in this communication may be considered forward-looking statements within the meaning of the federal securities laws, including statements with respect to the Companys expectations with respect to the commercialization of the Novera 9-qubit QPU, customer adoption of the Novera 9-qubit QPU and use and research by customers of the Novera 9-qubit QPU, expectations related to the Innovate UK SBRI award to develop and deliver a 24-qubit quantum computer to the NQCC and NQCCs expected use of the system and potential to enable even more innovative discoveries to deepen understanding of how to improve superconducting quantum computers with the goal of solving practical problems currently intractable by classical resources alone, expectations related to the Innovate UK grant to work with AWS, Imperial College London and Standard Chartered to develop quantum machine learning techniques to enable financial institutions to more effectively process, interpret, and make decisions with complex data streams, expectations related to the DARPA Benchmarking Program with respect to Rigettis Phase 2 award to refine and optimize the estimates for selected utility-scale problems and deliver new upper bounds on those requirements, expectations related to the collaboration with Riverlane and ORNL to work to improve HPC-quantum integration, expectations related to the Companys ability to achieve milestones including developing the Ankaa-3 84-qubit system with at least 99% median 2-qubit fidelity and the 336-qubit Lyra system on the anticipated timing or at all; the Companys expectations with respect to its engineering, software, and hardware teams; the Companys expectations with respect to its unique position to tackle the challenges of building a quantum computer capable of addressing real-world problems and practical quantum computing; the Companys expectations with respect to the timing of next generation systems; the Companys expectations with respect to the anticipated stages of quantum technology maturation, including its ability to develop a quantum computer that is able to solve a practical, operationally relevant problem significantly better, faster, or cheaper than a current classical solution and achieve quantum advantage on the anticipated timing or at all. These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by the Company and its management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: the Companys ability to achieve milestones, technological advancements, including with respect to its technology roadmap, help unlock quantum computing, and develop practical applications; the ability of the Company to obtain government contracts successfully and in a timely manner and the availability of government funding; the potential of quantum computing; the ability of the Company to expand its QPU sales; the success of the Companys partnerships and collaborations; the Companys ability to accelerate its development of multiple generations of quantum processors; the outcome of any legal proceedings that may be instituted against the Company or others; the ability to maintain relationships with customers and suppliers and attract and retain management and key employees; costs related to operating as a public company; changes in applicable laws or regulations; the possibility that the Company may be adversely affected by other economic, business, or competitive factors; the Companys estimates of expenses and profitability; the evolution of the markets in which the Company competes; the ability of the Company to implement its strategic initiatives, expansion plans and continue to innovate its existing services; the expected use of proceeds from the Companys past and future financings or other capital; the sufficiency of the Companys cash resources; unfavorable conditions in the Companys industry, the global economy or global supply chain, including financial and credit market fluctuations and uncertainty, rising inflation and interest rates, disruptions in banking systems, increased costs, international trade relations, political turmoil, natural catastrophes, warfare (such as the ongoing military conflict between Russia and Ukraine and related sanctions and the state of war between Israel and Hamas and related threat of a larger conflict), and terrorist attacks; and other risks and uncertainties set forth in the section entitled Risk Factors and Cautionary Note Regarding Forward-Looking Statements in the Companys Annual Report on Form 10-K for the year ended December 31, 2023 and other documents filed by the Company from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and the Company assumes no obligation and does not intend to update or revise these forward-looking statements other than as required by applicable law. The Company does not give any assurance that it will achieve its expectations.

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Rigetti Computing Reports Fourth Quarter and Full Year 2023 Results - GlobeNewswire

Global Times: China’s Focus on AI, Robotics, and Quantum Computing – AiThority

Developing new quality productive forces has become a major theme inChinaspolicymaking since it was first put forward by Chinese President Xi Jinping inSeptember 2023. It is also listed as a priority for this years economic tasks outlined in the Government Work Report delivered to the ongoing two sessions inBeijing.

Chinawill strive to modernize the industrial system and develop new quality productive forces at a faster pace this year, noted the report, which placed sci-tech innovation high on the governments agenda.

The national lawmakers and political advisers have expressed full confidence on the prospects ofChinassci-tech advance and economic development, saying that the rapid development of strategic emerging industries such as artificial intelligence (AI), quantum computing and new green energies will shore up sustainable momentum to support the high-quality development of Chinese economy.

Xi, also general secretary of the Communist Party ofChina(CPC) Central Committee and chairman of the Central Military Commission, on Tuesday stressed developing new quality productive forces inChinain accordance with local conditions during the second session of the 14th National Peoples Congress (NPC), the Xinhua News Agency reported.

President Xi called for focusing on high-quality development as the top priority, urging efforts to step up innovation, foster emerging industries, adopt forward-thinking plans for developing future-oriented industries and improve the modernized industrial system.

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The term new quality productive forces emerges from continuous breakthroughs in science and technology, which will drive the development of strategic emerging industries that may bring disruptive technological advances in the era of intelligent information.

Developing new quality productive forces is a decisive step in the economys high-quality development course,Guo Guoping, an NPC deputy and a vice director of the Key Laboratory of Quantum Information of the Chinese Academy of Sciences, told the Global Times.

The concept offers guidance for our country to take advantage of the historical opportunity of a new round of technological upgrade and aims to develop strategic emerging industries and future industries, Guo said, noting it is of great importance forChinato implement innovation-driven development strategy, seize the high ground in global industrial competition and build upChinasmanufacturing edge.

Currently, the development of new quality productive forces inChinais picking up pace.

Official data showed thatChinasoutput of new-energy vehicles reached 9.44 million in 2023, up 30.3 percent on a yearly basis, while the output of solar panels rose by 54 percent to reach 540 million kilowatts. Last year, the countrys production of service robots reached 7.83 million sets, up 23.3 percent year-on-year.

The development of new quality productive forces has great potential inChina, as its huge market place ensures full testing, application and evolution of new technologies and new business models, Xu Jiuping, a professor ofSichuanUniversity and a member of the National Committee of the 14th Chinese Peoples Political Consultative Conference (CPPCC), told the Global Times.

Xu advocated that enterprises, with the support of national innovation policies, make full use of the market demand to helpChinasmanufacturing sector overcome shortcoming and boost the development of new quality productive forces inChina.

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In recent years, the economic growth in the world was mainly driven by new technologies, which would give birth to new industries and then form new productivity. In order to promote the development of new quality productive forces inChina, analysts said the country should firmly adhere to deepening scientific research and technological innovation.

Chinais now beefing up support for building new manufacturing lines that are integrated with advanced tech breakthroughs such as AI, quantum computing and new and green energies.Chinaranked 12th place in the 2023 Global Innovation Index, and became the country with the largest number of top 100 sci-tech innovation clusters in the world for the first time, according to the latest ranking by the World Intellectual Property Organization.

Its projected that global AI competition will become a systemic contest in 2024, which will also be a crucial year forChinaand the US to compete in the in-depth application of generative AI breakthroughs said Liu Qingfeng, chairman of Chinese artificial intelligence company iFlytek who is also a deputy to the NPC.

Liu suggested thatChinashould accelerate technological advances in key sectors including neural science, brain-like intelligence innovation, and quantum computing so as to achieve an overtaking on the curve.

Yang Jie, chairman of China Mobile and also a member of the National Committee of the CPPCC, suggested that the country boosts an AI Plus initiative in the national level by strengthening top-level design and clarifying development goals and key tasks, in order to fully give play to the huge potential of AI in achieving leapfrog development of technologies, industrial upgrade and productivity.

Comprised of AI and the manufacturing sector, smart manufacturing is an important part of forming new quality productive forces. However,Chinassmart manufacturing faces three major problems: Supply capability need to be strengthened, application needs to be promoted, and a standard system needs to be established, saidZhong Zheng, an NPC deputy and vice president of Midea Group.

She suggested that the country support leading companies in various industries to take the lead in developing industrial solutions so as to help more companies set up world-leading smart factories.

While putting focus on emerging and future industries, Chinese analysts said the country should aggregate high-level innovation talent to foster the whole chain of innovation. In addition to independently nurturing high-level talent, the country should also deepen reforms in talent introduction channels and set up a new mechanism to attract talent from all over the globe.

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[To share your insights with us as part of editorial or sponsored content, please write to sghosh@martechseries.com]

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Global Times: China's Focus on AI, Robotics, and Quantum Computing - AiThority

Is it time for companies to quantum-proof their data? – Economy Middle East

Companies such as Google and IBM have been working on quantum computers (QCs) for well over a decade. They assert QCs will be an order of magnitude faster when pitted against traditional computers. And, according to experts, one aspect of computing theyll have a profound impact on is cybersecurity.

While breakthroughs about QCs hit newswires occasionally, they still remain firmly in the domain of research. In fact, Google and XPRIZE have just announced a $5-million-dollar competition to help find a real-world use of the technology.

But if QCs arent here yet, why should businesses invest in defending against them?

David McNeely, CTO at Delinea, which provides privileged access management (PAM) solutions, believes while the immediate risk appears low, its about time companies start assessing their options.

Read |Investopia 2023: A look at quantum computing and AI

For one, he says, quantum computing is advancing rapidly. According to some theories, it is growing much faster than traditional computing, which follows Moores Law, says McNeely. If we take into account the increased financial investments made into quantum technology, the prospect of an exponentially faster, usable quantum computer by 2030 becomes more of a possible reality.

Commenting on whats at stake, McNeely says encryption secures our online interactions, but the rise of (QCs) poses a significant threat as these powerful machines have the potential to break current encryption algorithms.

Greg Welch, CEO, CyberProtonics, which develops quantum-proof cybersecurity solutions, agrees. Its not a question of if Q-day is coming, its a matter of when. Q-Day is the hypothetical day when QCs will be able to crack our public encryption systems.

According to Welch, Q-day threats arent just for corporate networks. He argues that with the prevalence of remote work, the new edge of the corporate network is the remote office.

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Any internet-connected device at home can be impacted by Q-day attacks, from streaming services to connected IoT devices and your home WiFi connected devices, says Welch. Organizations encrypting all their data at the source of creation can help those [remote] users secure their entire connected home.

From a security perspective, McNeely says it is always a good idea to stay one step ahead of cyber criminals.

He agrees that while QCs cant yet break current encryption, its reasonable to assume that hackers with resources, such as nation-state actors, are already thinking about how they will exploit this new technology.

He backs his argument pointing to a 2022 Deloitte poll, which highlighted the risk of criminals adopting the hack/harvest now, decrypt later (HNDL) technique. HNDL involves hackers stealing the encrypted data now, and then waiting until they can run it through a QC when available.

David Boast, general manager, MENA at Endava which among other things helps businesses secure their software agrees with this view. He says HNDL attacks warrant that organizations take a critical look at their present-day infrastructures and security measures.

Read |Investopia 2023: Quantum computing investment is the new economy next 2 years

Welch quantifies the threat pointing to estimates that note that theres a cyberattack every 11 seconds. He says the average financial impact of an attack for an affected organization is expected to be upwards of $10 million, adding up to a staggering $10.5 trillion.

Organizations should therefore invest now to protect against breaches and recognize encryption as just a part of a multi-layered security environment that must account for people, processes, and technologies, suggests Boast.

In that aspect, McNeely shares that the industry already has the technology to secure data with new types of encryption. He says the US National Institute of Standards and Technology (NIST) is currently working on standardizing post-quantum cryptography algorithms.

In fact, he says there are several promising candidates. He particularly points to IBMs CRYSTALS-Kyber algorithm, which is based on a mathematical problem that is much harder for QCs to solve. This makes it more resistant to both conventional and quantum attacks.

As per Boast, the fear of quantum threats will breathe life into a healthy market of quantum protection solutions. However, he believes, the actual appetite, pace and need for adoption of quantum-resistant security depends on several factors.

The challenge here will be to identify the right point at which to invest, says Boast. As with any rapidly maturing technology, the cost to adoption can be expected to rapidly decrease, thus almost burdening first movers.

Read: A quantum supremacy breakthrough could transform our world

Furthermore, he says organizations will have a tough time developing the skills necessary to deliver and maintain impactful deployments. Given the severity of the threat, however, he expects providers of critical services, such as BFSI, government entities, and such, to be forced into action.

Vitaliy Trifonov, head of services group at cybersecurity company Group-IB, suggests organizations transition to quantum-secure cryptography gradually. He says they either deploy parallel quantum solutions, do a phased migration, or a complete overhaul.

Regardless of the approach, he insists, its time for organizations to take action. Waiting for quantum-resilient cryptographic standards and regulations may leave organizations vulnerable, says Trifonov. Embracing the quantum era now is essential to safeguard sensitive data and reap its benefits confidently.

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Is it time for companies to quantum-proof their data? - Economy Middle East

SemiQon Announces Successful Testing and Global Shipping of Its Silicon-Based 4-Qubit Quantum Chip and Ground … – AZoQuantum

From SemiQonMar 14 2024Reviewed by Lexie Corner

Today,SemiQon, a Finland-based startup specializing in silicon-based quantum processors, has announced it has successfully manufactured and pre-tested a 4-qubit quantum dot array from the first production run at its manufacturing facility in Espoo, Finland. The new chips are now shipping to strategic partners around the world as a toolkit for further research and development. The aim is to help make building stable logical qubits easier and faster to accelerate the use of quantum computing for complex problems.

First-generation quantum computers have already achieved impressive computational feats. However, solving highly specific problems related to pharmaceuticals, logistics, space, and material design will require increased computational power. As researchers, ecosystems, and companies around the globe lay out their ambitious visions for quantum computing, the computing power must still be scaled efficiently to address these challenges. Current methods do not make this possible.

We are gradually moving towards the million qubit era, and the contribution of hardware is becoming more and more essential,saysDr. Himadri Majumdar, CEO and Co-founder of SemiQon.Our solution builds on the technological development and know-how of semiconductors and benefits from existing infrastructure and industry. Utilizing such infrastructure effectively and efficiently has allowed us to accomplish one of our first goals within a short period of time. The challenge is getting to quantum supremacy in a sustainable, scalable, and affordable manner. These new chips are our first step in a long journey to making quantum dreams a reality.

SemiQon's strategic path of combining classical and quantum elements at cryogenic temperatures also took a big leap forward through the demonstration of very low noise and better control over the channel using record low sub-threshold swing in the manufactured fully-depleted silicon-on-insulator metal-on-semiconductor (FDSOI-MOS) transistors. These transistors will be the backbone of realizing a cryogenic integrated circuit (IC), ultimately leading to quantum IC for scalable, efficient, and affordable quantum computers.

The results will be communicated through a peer-reviewed international scientific article, which is currently under review.

Since the launch of its production chip manufacturing line last year in the Micronova Center for Applied Micro and Nanotechnology in Espoo, SemiQon has established several university and commercial partnerships with organizations looking to move quantum computing closer to its goal of usable physical and logical qubits. The first-generation SemiQon chips are already shipped to strategic partners globally for further testing and experimentation, mainly for the advancement of research and development in the domain.

SemiQons prototype devices and their proposed fast iteration of the new generation of devices are beneficial and necessary for the research community to experiment on and push the boundary of public research,saysProfessor Dominik Zumbhlof the University of Basel in Switzerland, one of SemiQons strategic collaborators.

SemiQon will be attending the Quantum.tech USA event in Washington DC, USA, in April 2024, where they will share SemiQons vision and mission for their cost-efficient advancements in quantum chip manufacturing.

SemiQon works closely with the quantum ecosystem from research groups to full-stack companies and is actively discussing with more partners to bring scalable quantum computing solutions to reality.

Source:https://www.semiqon.tech/

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SemiQon Announces Successful Testing and Global Shipping of Its Silicon-Based 4-Qubit Quantum Chip and Ground ... - AZoQuantum

The power of photons: A quantum leap in computing – Open Access Government

Leading the breakthrough are Benedikt Tissot and Guido Burkard, who are using an advanced method to enable the smooth exchange of information between quantum bits (qubits) using photons as messengers.

Thats the promise of quantum computers. But qubits are the building blocks of quantum computers and are very delicate. Theyre like tiny atomic-scale systems that can easily lose their information.

Theyre turning to photons, which make up light, to ferry quantum information between qubits. This can be described as making qubits fly hence the term flying qubits.

We are proposing a paradigm shift from optimising the control during the generation of the photon to directly optimising the temporal shape of the light pulse in the flying qubit, explains Guido Burkard.

Their method revolves around stimulated Raman emissions, a technique that transforms qubits into photons in a highly controlled way.

What sets their approach apart is fine-tuning the light pulses shape rather than just focusing on creating photons.

Its like sending messages over long distances using light instead of wires. In regular computers, we use electrons to carry information. In quantum computers, its about converting qubits into a form that photons can easily carry.

Tissot and Burkard have developed a system with multiple levels of control over the photons. To adjust exactly how, when, and where the information flows.

While using stimulated Raman emissions isnt new, using them to send qubit states directly is groundbreaking. And its not just about sending information its about doing it with precision and accuracy.

We need to consider several aspects, says Tissot: We want to control the direction in which the information flows as well as when, how quickly and where it flows to. Thats why we need a system that allows for a high level of control.

Their work, published in Physical Review Research in February 2024, dives deep into the intricate workings of this method.

Tissot and Burkard are paving the way for a new era in computers, one where the exchange of information between qubits is not just possible but efficient and reliable.

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The power of photons: A quantum leap in computing - Open Access Government

Global Quantum Technologies Market Report 2024-2034, with Profiles of 200+ Companies Active in the Quantum … – PR Newswire

DUBLIN, March 15, 2024 /PRNewswire/ -- The"Global Market for Quantum Technologies (Quantum Computing, Cryptography, Communications, Sensors, Batteries) 2024-2035" report has been added toResearchAndMarkets.com's offering.

Quantum technologies leverage unique properties of quantum physics like superposition, entanglement, and interference to enable new paradigms for information processing, communications, and measurement.

Major application areas and techniques currently being researched and developed include:

The Quantum Technologies Market Report is a comprehensive analysis of the rapidly evolving quantum technologies market, covering the key segments of quantum computing, quantum communications, and quantum sensing. This in-depth report provides valuable insights into the market landscape, key players, technological advancements, and emerging opportunities in the quantum technologies industry.

The quantum technologies market is poised for significant growth in the coming years, driven by increasing investments from governments and private sector players, as well as the growing demand for advanced computing, secure communications, and high-precision sensing solutions across various industries.

The report begins with an overview of quantum technologies, discussing the first and second quantum revolutions, current market developments, investment landscape, and global government initiatives. It also highlights the key industry developments during the 2020-2024 period and the challenges for quantum technologies adoption.

The quantum computing section delves into the operating principles, types of quantum computers, quantum algorithms, hardware and software components, and the value chain. It also analyzes the markets and applications for quantum computing in industries such as pharmaceuticals, chemicals, transportation, and financial services.

The report further explores the intersection of quantum chemistry and artificial intelligence (AI), discussing the technology, applications, SWOT analysis, market challenges, and key players in this emerging field.

Quantum communications is another key focus area, with a detailed analysis of quantum random number generators (QRNG), quantum key distribution (QKD), post-quantum cryptography, quantum teleportation, and quantum networks. The report also examines the role of trusted nodes, entanglement swapping, multiplexing, and advanced optical fibers and interconnects in enabling global-scale quantum communication.

In the quantum sensing segment, the report covers various technologies, including atomic clocks, quantum magnetic field sensors, quantum gravimeters, quantum gyroscopes, quantum image sensors, and quantum radar. It also discusses the market and technology challenges and the potential applications of quantum sensing in different sectors. The report also includes a section on quantum batteries, covering the technology, types, applications, SWOT analysis, and market challenges.

A comprehensive market analysis is provided, including a market map for quantum technologies, key industry players (startups, tech giants, and national initiatives), investment funding, and global market revenue forecasts for quantum computing, quantum sensors, and QKD systems from 2018 to 2035. The report concludes with detailed profiles of over 200 companies active in the quantum technologies market, offering valuable information on their products, services, and strategic initiatives.

With its in-depth coverage of the quantum technologies market, this report is an essential resource for businesses, investors, and stakeholders looking to understand the current landscape and future potential of this transformative industry.

Key Topics Covered:

1 RESEARCH METHODOLOGY

2 OVERVIEW OF QUANTUM TECHNOLOGIES 2.1 First and second quantum revolutions 2.2 Current market 2.3 Investment Landscape 2.4 Global government initiatives 2.5 Industry developments 2020-2024 2.6 Challenges for Quantum Technologies Adoption

3 QUANTUM COMPUTING 3.1 What is quantum computing? 3.2 Market challenges 3.3 SWOT analysis 3.4 Quantum computing value chain 3.5 Markets and applications for quantum computing

4 QUANTUM CHEMISTRY AND ARTIFICAL INTELLIGENCE (AI) 4.1 Technology description 4.2 Applications 4.3 SWOT analysis 4.4 Market challenges 4.5 Market players

5 QUANTUM COMMUNICATIONS 5.1 Technology description 5.1.1 Types 5.1.2 Quantum Random Numbers Generators (QRNG) 5.1.3 Quantum Key Distribution (QKD) 5.1.4 Post-quantum cryptography 5.1.5 Quantum homomorphic cryptography 5.1.6 Quantum Teleportation 5.1.7 Quantum Networks 5.1.8 Quantum Memory 5.1.9 Quantum Internet 5.2 Applications 5.3 SWOT analysis 5.4 Market challenges 5.5 Market players

6 QUANTUM SENSING 6.1 Technology description 6.1.1 Quantum Sensing Principles 6.1.2 SWOT analysis 6.1.3 Atomic Clocks 6.1.3.1 High frequency oscillators 6.1.3.2 Caesium atoms 6.1.3.3 Self-calibration 6.1.3.4 Optical atomic clocks 6.1.3.5 Companies 6.1.3.6 SWOT analysis 6.1.4 Quantum Magnetic Field Sensors 6.1.4.1 Introduction 6.1.4.2 Motivation for use 6.1.4.3 Market opportunity 6.1.4.4 Superconducting Quantum Interference Devices (Squids) 6.1.4.5 Optically Pumped Magnetometers (OPMs) 6.1.4.6 Tunneling Magneto Resistance Sensors (TMRs) 6.1.4.7 Nitrogen Vacancy Centers (N-V Centers) 6.1.5 Quantum Gravimeters 6.1.6 Quantum Gyroscopes 6.1.6.1 Technology description 6.1.6.2 Applications 6.1.6.3 Key players 6.1.6.4 SWOT analysis 6.1.7 Quantum Image Sensors 6.1.7.1 Technology description 6.1.7.2 Applications 6.1.7.3 SWOT analysis 6.1.7.4 Key players 6.1.8 Quantum Radar 6.1.8.1 Technology description 6.1.8.2 Applications 6.1.9 Quantum chemical sensors 6.1.10 Quantum NEM and MEMs 6.2 Market and technology challenges

7 QUANTUM BATTERIES 7.1 Technology description 7.2 Types 7.3 Applications 7.4 SWOT analysis 7.5 Market challenges 7.6 Market players

8 MARKET ANALYSIS 8.1 Market map for quantum technologies 8.2 Key industry players 8.3 Investment funding 8.4 Global market revenues 2018-2034

9 COMPANY PROFILES

For more information about this report visithttps://www.researchandmarkets.com/r/t58ncf

About ResearchAndMarkets.com ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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Global Quantum Technologies Market Report 2024-2034, with Profiles of 200+ Companies Active in the Quantum ... - PR Newswire

A ‘simple’ hard fork could subvert a quantum attack on Ethereum: Vitalik Buterin – Cointelegraph

Ethereum is already well-positioned to mitigate the impact of a massive quantum computing attack on the network, according to Ethereum co-founder Vitalik Buterin.

In a March 9 post to Ethereum Research, Buterin discussed what would happen if a quantum emergency happened as early as tomorrow.

Suppose that it is announced tomorrow that quantum computers are available, and bad actors already have access to them and are able to use them to steal users funds, Buterin postulated.

The blockchain would have to hard fork and users would have to download new wallet software, but few users would lose their funds, he added.

Buterin explained that the process of such a hard fork would involve rolling back the Ethereum network to the point where it is clear that large-scale theft was occurring and disabling all traditional transactions from that point.

Ethereum developers would then add a new transaction type which forms part of the Ethereum Improvement Proposal (EIP) 7560 to allow transactions from smart contract wallets.

When a user makes a transaction from their Ethereum wallet, the signature of that transaction reveals the public key, and in a post-quantum world, this would see the users private key revealed as well.

The new transaction type that forms the core part of the quantum-resist EIP would leverage Winternitz signatures and zero-knowledge proof technologies known as STARKs to ensure that existing wallets are switched to new validation code, he added.

This validation code leverages ERC-4337 account abstraction the underlying technology of smart contract wallets to prevent private keys from being displayed while signing transactions in the future, rendering these accounts immune from a quantum attack.

Related:Ethereum leans into rollup-centric future as Dencun hard fork looms

According to Buterin, users who have never approved a transaction from an Ethereum wallet are already safe from any potential quantum-related exploit, as only the wallet address has ever been made publicly available.

He also added that the infrastructure needed to implement such as hard fork could in principle start to be built tomorrow.

The advent of quantum computing has been a long-feared inflection point for the crypto industry, as a computer capable of breaking blockchain encryption could see once-untouchable user funds stolen in large volumes and at rapid rates.

However, most computer scientists and developers believe that quantum computing is still a ways off, with Google and IBM engineers estimating that quantum computing wont be sufficiently developed until 2029 at the earliest.

Magazine: Google to fix diversity-borked Gemini AI, ChatGPT goes insane:AI Eye

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A 'simple' hard fork could subvert a quantum attack on Ethereum: Vitalik Buterin - Cointelegraph

Wall Street Favorites: 3 Quantum Computing Stocks with Strong Buy Ratings for February 2024 – InvestorPlace

These three quantum computing stocks are worth buying in February 2024

Once people are done fawning over generative AI, investors might think, what will be the next big thing? The field ofquantum computingmay be just that. Quantum computing has the potential to solve complex problems that generally slow down classical computers, such as optimization, cryptography, machine learning, and simulation.

While quantum computing technology may still be in its infancy, investors desiring to invest in the up-and-coming technology should consider one of the following three quantum computing stocks with Strong Buy ratings from Wall Street analysts.

Source: T. Schneider / Shutterstock

D-Wave Quantum(NYSE:QBTS) is a well-established quantum computing company. In particular, D-Wave specializes inquantum annealing, a computing technique used to find the optimal solution for a given problem. The quantum computing firm has successfully built several quantum annealers withmore than 5,000 qubits, which allows greater potential for commercial applications.

D-Wave Quantum offers its quantum annealers and software tools through its cloud platform, Leap. QBTS also offers a suite of developer tools called Ocean, which helps users design, develop, and deploy quantum applications. The quantum computing company has a diverse customer base, includinggovernment agenciesand corporations. Most recently, D-Wavereleasedits 1200+ qubit Advantage2 quantum computing machine prototype. Those already subscribed to the D-Wave Leap platform can access the prototype and test out its capabilities.

Wall Streetanalysts expectD-Wave to generate more than $10.5 million in revenue at the end of 2023, representing a 47% YoY increase from the prior period. The market seems excited about D-Wave Quantums prospects. Shares have risen 117% over the past 12 months, and the company has a Strong Buy rating from Wall Street analysts.

Source: JHVEPhoto / Shutterstock.com

Advanced Micro Devices(NASDAQ:AMD) is a fabless chipmaker that initially made a name after dethroningIntel(NASDAQ:INTC) in the CPU market. AMD is now poised to challenge and siphon market share away from Nvidia in the AI space as the chipmaker prepares to enter the AI computing market in 2024. The chipmakerexpects to sell $2 billionin AI chips in 2024.

On top of tackling the artificial intelligence space, AMD has also made strides in quantum computing. The companys Zynq SoCs have been leveraged to create operating systems for quantum computers. Though AMDs quantum offerings are not a main line of business, as quantum computing becomes commercial, AMD will likely benefit from already having dipped its toes into the space.

Wall Street currently rates AMD as a Strong Buy, and the companys shares are likely to do well this year as its AI chips come to market.

Source: Shutterstock

Rigetti Computing(NASDAQ:RGTI) is a pure-play quantum computing business that isvertically integrated. This means the company is involved in both designing and manufacturing its multi-chip quantum processors. Rigetti uses superconducting circuits as qubits fabricated on silicon chips and operating at near-zero temperatures. To deliver its quantum computing capabilities to clients, Rigetti leverages cloud service networks while also providing quantum software development tools as well as quantum hardware design and manufacturing.

In January, Rigetti Computingannouncedthe availability of its 84-qubit Ankaa-2 quantum computing system, which will be accessible through Rigettis cloud service. RGTIs shares have risen 53% over the past twelve months. As the company continues to make advancements in its product, shares could rise even more.

Wall Street analysts have given the stock a resounding Strong Buy rating.

On the date of publication, Tyrik Torres did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.

Tyrik Torres has been studying and participating in financial markets since he was in college, and he has particular passion for helping people understand complex systems. His areas of expertise are semiconductor and enterprise software equities. He has work experience in both investing (public and private markets) and investment banking.

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Wall Street Favorites: 3 Quantum Computing Stocks with Strong Buy Ratings for February 2024 - InvestorPlace