Category Archives: Quantum Computing

URI looks to the future with new quantum computing initiative – Ricentral.com

KINGSTONFacing the University of Rhode Islands quadrangle, Sen. Jack Reed stood atop the steps of East Hall on Friday and addressed members of the URI campus following the schools announcement of a new quantum computing initiative designed to keep up to date with the fast-paced change in technology and cybersecurity.

The process is supported by a $1 million federal earmark from the state and funding from the URI College of Arts and Sciences and the Graduate School of Oceanography.

These funds will help the university expand its teaching bringing experts to expand the universitys quantum degree programs and help train the next generation of students and researchers, Reed said.

Last Friday was World Quantum Day, and the school celebrated its step toward preparing students for fields linked to the ever-evolving workforce of computing. The event lasted throughout the afternoon and into the early evening.

URIs initiative involves a new research partnership with the International Business Machines Corporation (IBM). This is expected to garner further support toward the schools masters degree and graduate certificate programs and will give the university access to Big Blues cutting-edge quantum computing systems. It is anticipated that improved access to these resources will improve student education and faculty research.

(Quantum computing) is quickly becoming ubiquitous, URI President Marc Parlange said. And its rapidly evolving. And we have an opportunity to be at the leading edge of this growth.

Reed and Parlange began the symposium and Adele Merritt, Intelligence Community Chief Information Officer at the Office of the Director of National Intelligence, closed with a keynote presentation in East Halls auditorium.

Other speakers throughout the day included Christopher Savoie, co-founder and chief executive officer of Zapata Computing, Christopher Lirakis, lead for quantum systems deployment at IBM, Charles Robinson, quantum computing public sector leader at IBM, Pedro Lopes, business developer at the computing firm QuEra, and Juan Rivera, senior engineer at Dell Computing, and Kurt Jacobs, deputy chief scientist at the U.S. Armys Research Lab.

Savoie holds a bachelors degree from URI and is on the College of Arts and Sciences Advisory Council. Merritt has her Ph.D. from URI, in mathematics.

Quantum mechanics is a science that explores how matter and light act on an atomic and subatomic scale. Its a fundamental theory designed to solve issues that too advanced for original or outdated technology.

Computers process data by manipulating digital information; units represented in zeros and ones. These info bits, known as qubits, can exist as zero and a one, simultaneously.

There are some present-day supercomputers that cant handle this kind of information in multiple states at once. Quantum computers, however, can perform these calculations.

Such technology is in its early stages.

URI will provide more outreach and summer research opportunities for high school students, in an attempt to spark interest for the next generation of quantum physicists.

This will be done through URIs faculty working with Qubit, a nonprofit group, to provide the reach-out and include scholarships for high schoolers to participate in summer workshops and research internships on the Kingston Campus.

In 2021, the university started a five-year program that graduates students with a bachelors degree in physics and a masters in quantum computing. This year, it added an online graduate certificate program.

Recognizing that quantum computing will be integrated into every major industry within the next decade, the physics department has developed one of the first standalone masters programs in quantum computing, as well as an online graduate certificate designed for current STEM professionals to pivot into a new career, Jen Riley, Dean of the College of Arts and Sciences said. Theyve also created an undergraduate program with a five-year accelerated bachelors to masters degree program in quantum computing.

Researchers on campus are moving to make quantum computers scalable and more vigorous, while others are trying to familiarize themselves with the technology.

Access to the IBM software will also allow a partnership between URI and the Naval Undersea Warfare Center, which will support studies into the use of quantum systems in the development of autonomous underwater vehicles.

To expand research and its teaching capacity, the school plans to add four visiting faculty, four postdoctoral researchers, and four graduate teaching assistants in the coming years.

Scientific innovation has been essential to the success for the intelligence communitys mission, Merritt said. The rapidly evolving landscape requires us to be well informed on emerging technologies.

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Quantum Computing Spring Hackathon The Daily – The Daily | Case Western Reserve University

Case Quantum Computing Club and Case Hacker Society will co-host a hackathon Saturday, April 22, from 10 a.m. to 5 p.m. in Tinkham Veale University Center, Ballroom A.

Students are invited to participate to learn how to program quantum computers through introductory challenges as well as in-depth projects.

Red Bull is sponsoring this event and will drop off free drinks. There also will be free food and prizes for participants.

There will be two options to participate in the hackathon. The first option is to complete the provided tutorial challenges to learn the basics of coding programs on quantum computers. Assistance will be available. Anyone who either completes these challenges or shows up and attempts them for at least an hour will earn a free Mitchells Ice Cream scoop coupon.

The second option is a traditional hackathon challenge that will be released at the start of the event. Students can participate in teams and the code will be due Sunday night. The winning team will win $100 worth of Amazon gift cards to be split among the team members.

Register for the event on CampusGroups.

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Quantum Computing Spring Hackathon The Daily - The Daily | Case Western Reserve University

Quantum Computing Inc’s Wholly Owned Subsidiary QI Solutions … – PR Newswire

LEESBURG, Va., April 21, 2023 /PRNewswire/ -- Quantum Computing Inc. (NASDAQ: QUBT), ("QCI" or the "Company"), a first-to-market full-stack photonic-based quantum computing and solutions company, today announces that its wholly owned subsidiary, QI Solutions (QIS), which focuses on federal projects, celebrated World Quantum Day with members of the University of Arizona's Research Innovation and Impact (RII), Tech Launch Arizona (TLA), and the Center for Quantum Networks (CQN) at the Arizona Quantum Initiative's (AQuI) Inaugural Workshop last week.

Beginning April 12th, AQuI's workshop featured guest speakers from Raytheon, the University of Oregon, and Northwestern University, who discussed topics ranging from quantum phenomena for the information era to entanglement-enhanced optomechanical sensing. The event focused on the novel applications of quantum science within the fields of biology, astronomy, and machine learning.

"We are proud to have the opportunity to work with AQuI and the National Science Foundation's CQN as a leader of this esteemed group of quantum network scientists and researchers. Together we are building the foundation of the future of the quantum industry in Arizona," stated QIS President Sean Gabeler, "QIS will continue to lead the collaborative effort within the state of Arizona around quantum networking that will push the envelope on new applications for our quantum cryptography and sensing technologies to ensure the U.S. and Arizona win the global quantum innovation race."

For additional information on the company's suite of solutions, please visit our website or contact our team directly.

About Quantum Computing Inc.

QCI is a full-stack quantum software and hardware company on a mission to accelerate the value of quantum computing for real-world business solutions, delivering the future of quantum computing, today. The company is on a path to delivering an accessible and affordable full-stack solution with real-world industrial applications, using quantum entropy, which can be used anywhere and with little to no training. QCI's experts in finance, computing, security, mathematics and physics have over a century of experience with complex technologies ranging from leading edge supercomputing to precision sensors and imaging technology, to the security that protects nations. For more information about QCI, visitwww.quantumcomputinginc.com.

About Quantum Innovative Solutions

QIS, a wholly owned subsidiary of Quantum Computing Inc., is a newly established supplier of quantum technology solutions and services to the government and defense industries. With a team of qualified and cleared staff, QIS delivers a range of solutions from entropy quantum computing to quantum communications and sensing, backed by expertise in logistics, manufacturing, R&D and training. The company is exclusively focused on delivering tailored solutions for partners in various government departments and agencies.

About the Arizona Quantum Initiative

The Arizona Quantum Initiative at the University of Arizona is one of the many steps the state has taken to become a world leader in quantum information science and engineering. The interdisciplinary and collaborative research program is advancing multiple applications such as quantum networking, 2D quantum materials for use as highly sensitive photon detectors and single-photon sources, quantum opto-mechanical and quantum-photonic systems, and fault-tolerant quantum error correction codes and efficient decoder realizations for both quantum communications and quantum computing. The Center for Quantum Networks leads the Initiative, developing future quantum networks in collaboration with ten academic partners and over twenty industrial partners, such as QIS.

Important Cautions Regarding Forward-Looking Statements

This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. Those statements include statements regarding the intent, belief or current expectations of Quantum Computing Inc. (the "Company"), and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements.

The Company undertakes no obligation to update or revise forward-looking statements to reflect changed conditions. Statements in this press release that are not descriptions of historical facts are forward-looking statements relating to future events, and as such all forward-looking statements are made pursuant to the Securities Litigation Reform Act of 1995. Statements may contain certain forward-looking statements pertaining to future anticipated or projected plans, performance, and developments, as well as other statements relating to future operations and results. Any statements in this press release that are not statements of historical fact may be considered to be forward-looking statements. Words such as "may," "will," "expect," "believe," "anticipate," "estimate," "intends," "goal," "objective," "seek," "attempt," "aim to," or variations of these or similar words, identify forward-looking statements. These risks and uncertainties include, but are not limited to, those described in Item 1A in the Company's Annual Report on Form 10-K, which is expressly incorporated herein by reference, and other factors as may periodically be described in the Company's filings with the SEC.

SOURCE Quantum Computing, Inc

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Business interest in quantum already starting to develop | Mint – Mint

NEW DELHI :On 28 November, Tata Consultancy Services Ltd (TCS), Indias largest IT services company, partnered with Amazon Web Services to set up a quantum computing lab for building applications. On 12 April, TCS announced that it would not cut down on its research and development spending despite an expected industry-wide tech spending decline in FY24. And, on 19 April, the Centres decision to launch a 6,004 crore National Quantum Mission came as a shot in the arm for the company. In an interview, K. Ananth Krishnan, the chief technology officer of TCS, spoke about the companys investment plans for new technologies, hiring and more. Edited excerpts:

NEW DELHI :On 28 November, Tata Consultancy Services Ltd (TCS), Indias largest IT services company, partnered with Amazon Web Services to set up a quantum computing lab for building applications. On 12 April, TCS announced that it would not cut down on its research and development spending despite an expected industry-wide tech spending decline in FY24. And, on 19 April, the Centres decision to launch a 6,004 crore National Quantum Mission came as a shot in the arm for the company. In an interview, K. Ananth Krishnan, the chief technology officer of TCS, spoke about the companys investment plans for new technologies, hiring and more. Edited excerpts:

How is TCS investing in new areas amid the projected uncertainties in tech spending in FY24?

How is TCS investing in new areas amid the projected uncertainties in tech spending in FY24?

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We will continue to make new tech investments based on four key parameters and business returns. For instance, quantum computing has been a buzzword for over a decade, but we did not make any investments until 2016-17. Today, we make a cumulative research and innovation investment of 30-40% of our total innovation and R&D expenditure on initiatives such as quantum computing, which are showing early signs of business interest.

(In FY22, TCS spent 2,178 crore in innovation and R&D. Its FY23 innovation and R&D spending was not available. Samir Seksaria, the chief financial officer of TCS, said during its FY23 earnings call that it would not cut down on investments in this segment, despite a projected downturn for FY24.)

Beyond this, will we be making investments specifically for quantum computing? Yes, because it is a long-term play. Today, we have just a mid-double-digit number of members working on it. However, the case is strong for us to invest more, even if it does not offer immediate returns.

Talking of new tech, are clients still interested in the metaverse, now that the bubble has burst?

The tech underpinning the metaverse buzzword has been augmented and virtual reality, collaboration platforms, blockchain and visual interfaces. The core tech areas remain persistent among clients and are evolving as there are specific use cases that people have been trying to solve. The tech interest continues in areas of very specific solutions built on augmented reality, minus the buzzwords. We have seen sufficient investments in avatar-based presence. We are still executing projects quietly, minus the drum-beating. Practical use cases are finding traction with AR in manufacturing for component simulation, and banking, financial services and insurance.

Quantum computing is expensive. How is TCS optimizing access to hardware?

After two decades of development, today, all global commercial quantum computing vendors are active in India. Several of them have made their simulators available, while a few brought the actual quantum hardware here. The number of qubits in their machines has already crossed triple digits, and some exploratory work can be done on the devices. Were actively engaging with these partners to gain access to quantum computing power.

What interests have businesses shown in terms of early access to quantum computing?

Technology is progressing steadily. Were still about three to four years away from practical, mainstream applications perhaps more. Another decade is the most probable stage where real problems will start getting solved. But, right now is when active business scenarios in financial services, manufacturing, life sciences and chemistry are starting to develop. Businesses are asking whether there are good quantum machines with better quality qubits than we have now and what problems could be solved. Supply chain optimization is the fifth sector that is also interested in it. TCS is looking to build research bandwidth on these factors. Were working with all technology vendors and their hardware and using our reach to these industrial segments to start building use cases for specific problems that can be encoded into various quantum technologies.

Which sectors have shown interest in exploring quantum applications?

In BFSI, portfolio optimization, forecasting and wealth management in the capital markets are key use cases. We have good simulation techniques and algorithms for maximizing returns on portfolios, and minimizing and maximizing risks as part of quantum applications. Post-quantum cryptography is an area of interest. BFSI clients are talking to us about these applications to understand how much time they had before they were to act and improve their infrastructure. In manufacturing, aerospace and applications, such as material chemistry and material design, are being explored.

Achieving quantum supremacy will help revolutionize basic materials research, which will be crucial for manufacturers, aerospace and battery makers.

The third sector that is drawing interest right now is optimization. This pertains to logistics and aviation too. In the latter, right now, whenever any disruption occurs due to any unexpected circumstance, only about a tenth of a clients network is readily optimized to bring operations back online and recovering the rest takes days. In theory, quantum machines can do real-time optimization of the whole network of a typical airline with over 100 aeroplanes. We might be a decade away from such an application, but questions are already being asked by our clients on the impact of quantum computing on flight operations or customer care.

Is there interest in collaboration with academia on new technologies?

There are multiple academic institutions taking on quantum initiatives IISER, Pune, has a quantum hub that has been active for the past few years. It is part of the national mission for cyber-physical systems and is being funded as a Section 8 company, with a board of directors that includes TCS as well. Others, such as IISc, IIT Madras and TIFR, are also involved in various quantum research initiatives IIT Madras is developing quantum communications, while TIFR is building superconducting qubits, and IISc is developing quantum algorithms.

All of these institutes are also linked to the TCS research group. We started it about six years ago and have double-digit members of the research community now. We actively partner with research institutes and regularly publish research papers on topics such as quantum chemistry, benchmarking, post-quantum cryptography and quantum communications.

Do Indian institutes offer enough talent to hire for quantum computing and research?

We are indeed looking at Indian institutes since this is our largest base, and a lot of our quantum engineering and research teams are India-based. Can we take more in? Yes, and this is where our academia partnerships come in handy. Not all the people we work with necessarily need to be within TCS Research and Innovation unless they are being hired for a core IP of ours. We do this internationally as well. A double-digit workforce for this is where we are.

Is there enough supply for talent? This is where hype would help, and initiatives such as the National Quantum Mission would come in.

Is there a timeframe for TCS to upskill its workforce in quantum computing?

Skilling, of course, is important. A lot of engineers are getting into this to understand the new technologies. The next two to three years will see most of the foundational work done in quantum research as well as technologies, which is when the talent for this sector will develop. During this time, well see good-enough machines become available, and more interesting applications will also become available. That will make building on these technologies feasible, too. For us, itll be important to hire people with backgrounds in quantum capabilities.

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Business interest in quantum already starting to develop | Mint - Mint

UK’s National Quantum Computing Centre and University of … – HPCwire

April 20, 2023 Yesterday in Edinburgh, the UKs National Quantum Computing Centre (NQCC) and the School of Informatics at the University of Edinburgh signed a memorandum of understanding on developing a quantum software and applications centre that aims to overcome key challenges to accelerate the development of quantum computing and investigate new ways in which quantum computers can provide benefits, beyond the reach of traditional computers.

The new Quantum Software Lab hosted by the School of Informatics, will be led by Professor Elham Kashefi. Professor Kashefi has been the NQCCs Chief Scientist since November 2022.

Establishing the Lab aligns with the ambitions of the NQCCs user engagement program, SparQ, which seeks to grow the UKs developer and user communities, by supporting potential users of quantum computing on their journey from awareness to advocacy.

The new Quantum Software Lab has already attracted a high profile collaboration with Amazon Web Services (AWS) that will explore potential use cases for quantum computing that could lead to quantum advantage.

The Quantum Advantage Pathfinder (QAP) Research Program

The QAP is the core research program in the NQCC Quantum Software Laboratory. It is a multi-disciplinary project involving physicists, mathematicians, engineers and computer scientists.

The NQCC Chief Scientist and the QAP research team will create a framework for investigating practical ways of using quantum computing to solve problems beyond the reach of classical computing. The lab will collaborate with government, industry, and other academics working in quantum research to ensure solutions meet the needs of our economy and society. It will also help establish a trusted quantum software community around NQCC to empower all stakeholders in the adoption of quantum computing.

The QAPs vision is to turn industry pain-points into relevant research problems. As academics carry out pioneering research into the fundamentals of quantum computing, they will use this wealth of new knowledge to help investigate problems in industry.

QAP will serve as the foundation for follow-up phases of the NQCC program in quantum software and applications in the years to come. It will aid development of the first fully functional quantum computing cloud platforms in the UK.

Scottish Government Innovation Minister Richard Lochhead commented: Quantum computing promises to solve ever more complex challenges in our rapidly advancing world from improving batteries for electric vehicles to calculating the logistics of shipping fuel around the world so it arrives with energy customers on time. The National Quantum Computing Centre at the University of Edinburgh can place Scotland at the centre of important innovations for the future, in line with aims in the Scottish Governments forthcoming National Innovation Strategy.

Amazon Braket, AWSs Quantum Computing Service

QSLs first high profile collaborator AWS brings over their existing expertise and resources.

As part of the collaboration, AWS will provide quantum computing hardware access through Amazon Braket with the goal of helping the QSL to establish proof-of-concept (POC) use cases over the next three years. Amazon Braket is a fully managed quantum computing service designed to help speed up scientific research and software development for quantum computing.

As part of the agreement, AWS will provide students with access to Amazon Braket, including a wide range of hardware devices, including superconducting, trapped-ion, and analogue processors.

Project teams and QSL collaborators will be able to apply for and receive credits of up to $300,000 USD total to assist with adoption, evaluation, and proof-of-concepts.

To assist QSL project teams in onboarding to Amazon Braket and using the service effectively, AWS will also provide workshops, self-paced classes, and other support as needed.

The UK has world-leading strengths in quantum, and were proud to support researchers working in this crucial area, said Simone Severini, director of Quantum Technologies at AWS. Building quantum computers at scale is hard. But we should not forget that its also hard to develop applications for quantum computers. By collaborating with the NQCC Quantum Software Lab at the University of Edinburgh, we aim to accelerate the translation of scientific results for industry use cases.

To learn more about NQCC, visit https://www.nqcc.ac.uk.

Source:University of Edinburgh

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IBM to help build new climate action center in New York City – IBM Newsroom

IBM to help build new climate action center in New York City

By Justina Nixon-Saintil, Vice President & Chief Impact Officer and Solomon Assefa, Vice President of IBM Research Climate & Impact Science

April 24, 2023

Today, we are proud to be selected jointly with Stony Brook University by the City of New York to anchor The New York Climate Exchange, a world-class climate solutions center on Governors Island in New York Citys harbor.

By bringing together a diverse coalition of partners, The Exchange will be a first-of-its kind international center for developing and deploying dynamic solutions to our global climate crisis. It will also act as a hub for New Yorkers to benefit from the rapidly evolving green economy by:

This partnership touches three important pillars of IBMs DNA: our connection to New York and our commitment to sustainability and education. IBM has a longstanding relationship with the city and the state of New York. It is where we produce our mainframe computers that power the global economy, where we host IBMs first quantum computing plant, and where we recently announced a plan to invest $20 billion to expand the technology ecosystem. IBM also has a long history on sustainability and education including the establishment of our first education department in the state in 1932 and our first environmental policy in 1971.

The Exchange continues this legacy of using technology to turn sustainability ambition into action. Through this initiative, over 5 years, IBM will contribute technology, skills training, and research capabilities needed to help find climate solutions that put justice and equity at the center including:

As our global community continues to respond to climate change this initiative tackles the need for cross-sector collaboration and deep science to support our collective efforts. This is also aligned with IBMs commitment to provide our technology including AI and hybrid cloud to researchers, governments, institutions and other partners, to help rapidly advance climate research and create viable solutions to climate change.

We look forward to partnering with the city of New York and Stony Brook University to build this world-class climate center, ensuring the communities most impacted by climate change are at the heart of its solutions.

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Sectigo Attends RSAC 2023 to Prepare IT Community for 90-Day TLS – GlobeNewswire

ROSELAND, N.J., April 24, 2023 (GLOBE NEWSWIRE) -- Sectigo, a global leader in automated Certificate Lifecycle Management (CLM), and digital certificates, today announced it is sponsoring and speaking at the RSA Conference (RSAC) 2023 in San Francisco, California. Sectigo executives will discuss the importance of establishing digital trust against the backdrop of shortening digital certificate lifespans and quantum computing.

RSAC, which takes place April 24-27, features the most influential thinkers in cybersecurity today, discussing current and future trends to empower organizations around the world to stand against cyber threats. Sectigo, a Silver Sponsor of RSAC (booth #1327), will demo the CA Agnostic automation capabilities of Sectigo Certificate Manager, the industrys most robust Certificate Lifecycle Management (CLM) Platform. In the wake of recent news of the upcoming reduction in maximum term for SSL certificates to 90 days, IT professionals worldwide are seeking to understand the consequences of this change on their operations. CLM is an indispensable part of that response.

The trend of shrinking certificate lifespans, or short life certificates, is one Sectigo predicted as far back as 2019. In recent years the maximum term for a public TLS certificate has dropped from three years, to two, to one. Recently, Google announced in its Moving Forward, Togetherroadmap the intention to reduce the maximum possible validity for public TLS certificates from 398 days to just 90. As we enter a new era of shorter certificate lifespans and quantum computing, the need for automation of certificate handling is sky high, said Tim Callan, Chief Experience Officer at Sectigo.

Callan continued: Sectigo recognizes that organizations of all sizes are struggling to reconcile growing numbers of digital certificates within their ecosystems. Many still take a manual approach to certificate lifecycle management. Our latest research found that 47%1 of organizations cited using spreadsheets, scripts, or CA-provided tools to manage digital certificate lifecycles. As the security perimeter continues to widen, and certificate lifespans to reduce, this manual approach to digital certificate management will compound IT team workloads and hamper visibility into all digital identities. Ultimately, this creates risk of outage or exploit.

The Sectigo team will be conducting hourly demos at RSAC 2023 to show the power of automated certificate management to solve issues arising from the manual management of increasing numbers of short-life certificates, as well as:

In addition, Sectigo experts will look ahead at an exclusive session at RSAC, designed to help IT leaders future-proof their cryptography against the upcoming threat of quantum computing, which will require switching all encryption to quantum-resistant post-quantum cryptography (PQC).

Are You Ready for the Quantum Apocalypse? 4:20pm April 25, presented by Sectigos Tim Callan, Chief Experience Officer: Quantum computing is a very real threat, and now is the time to start planning for fast, efficient, and error-free deployment to new cryptographic standards soon to be available. The immense processing power of a quantum computer is capable of breaking encryption at great speed, leaving important data vulnerable. Both government and private industry alike should be preparing today, or they risk being late. Find out more here.

Sectigo also won two Global InfoSec Awards 2023 from Cyber Defense Magazine, announced today at RSAC: Next Gen Enterprise Security and Cutting Edge Security Company of the Year. These accolades closely follow recognition for Sectigo executives popular industry podcast, Root Causes, which was designated Webby Honoree at the recent Webby Awards 2023.

Visit http://www.sectigo.com/rsac23 to schedule a meeting or book a demo at RSAC.

About SectigoSectigo is a leading provider of automated Certificate Lifecycle Management (CLM) solutions and digital certificates- trusted by the worlds largest brands. Its cloud-based universal CLM platform issues and manages the lifecycles of digital certificates issued by Sectigo and other Certificate Authorities (CAs) to secure every human and machine identity across the enterprise. With over 20 years establishing digital trust, Sectigo is one of the longest-standing and largest CAs with more than 700,000 customers. For more information, visitwww.sectigo.com.

1 Managing Digital Identities: Tools & Tactics, Priorities & Threats, Sectigo Research, Conducted by Enterprise Management Associates (EMA), 2021.

Contact:

Elliot Harrison, Director of Global Communications Sectigo elliot.harrison@sectigo.com

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Sectigo Attends RSAC 2023 to Prepare IT Community for 90-Day TLS - GlobeNewswire

FInsight: Special Edition – Solutions for a Connected World … – Lexology

Click here to listen to the audio.

Quantum computing is still in its infancy, but most experts expect it to reach transformational powers in the next decade, bringing massive technological revolution but also new opportunities for early movers.

In this episode,Mark Simpson(Partner, London) is joined by Elena Strbac (Global Head of Data Science Innovation, Corporate, Commercial and Institutional Banking, Standard Chartered) and Peter Chapman (President and CEO, IonQ) to explore how and why the finance sector is gearing up for this monumental shift.

Content is provided for educational and informational purposes only and is not intended and should not be construed as legal advice. This may qualify as "Attorney Advertising" requiring notice in some jurisdictions. Prior results do not guarantee similar outcomes. For more information, please visit:www.bakermckenzie.com/en/client-resource-disclaimer.

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FInsight: Special Edition - Solutions for a Connected World ... - Lexology

Think AI is scary now? Wait till it gets boosted by quantum computing – New York Post

Lifestyle

By Alex Mitchell

April 12, 2023 | 6:35pm

Creeped out by ChatGPT? Frightened of a future where artificial intelligence replaces the real thing? Brace yourself, because here comes quantum computing.

The developing technology which relies on subatomic, quantum mechanics could accelerate the advancement of AI to lightning speed, experts say.

Such a powerful upgrade could lead to amazing things or terrible ones.

We could cure cancer with quantum computing combined with AI, Lisa Palmer, chief AI strategist for the consulting firm AI Leaders told The Post. There is a huge upside here like upgrading from a bicycle to a high speed sports car.

In the wrong hands, however, that kind of power could be devastating to society especially when it comes to hacking.

One of the worst cases is that it can be detrimental to financial systems in the hands of bad actors, Palmer said. A data breach could happen for every bank account in their entire system.

The revolutionary technology uses subatomic quantum bits, aka qubits, for data processing. It replaces the conventional approach of using binary bits like zeros and ones for data. The approach is significantly faster and more efficient to a point where the possibilities are infinite.

Using quantum computing, we can simulate the physical world in a way that is much, much faster, Pengcheng Shi, associate dean in the department of computing and information sciences at Rochester Institute of Technology, told The Post.

The turbocharged tech has seen major investments from companies like IBM, who have put $20 billion behind the rapidly evolving machinery. Google is an investor as well.

And while quantum computing is still in its infancy, it wont be for long.

Palmer speculates that it could see practical use in three to five years. IBM is already on pace for a substantial breakthrough by 2026 as well, Forbes reported.

Once mature, the technology will likely yield outstanding breakthroughs in the field of medicine particularly in accelerating pharmacology and the development of medications, according to Shi.

The professor also predicts that quantum computing will likely play a major role in space exploration, particularly in the use of mapping for optics such as the Webb telescope.

Beyond breakneck speed, quantum can also substantially increase quality in AI and make it more creative, according to AI expert and CUNY Queens College professor Jamie Cohen.

Currently, AI such as ChatGPT, or generative image AI programs like Midjourney is limited by its machine output processing and, like people, becomes fatigued to a point where it impacts performance.

The reason why Bing limited its AI, Sydney, to five prompts is because its answers are more degenerative each time that could all change with quantum computing, Cohen told The Post, adding that one day it might be able to train itself.

No matter what happens, theres a silver lining, experts say: Computer users everywhere can look forward to the end of pesky, time-consuming two-factor authentication, which in the face of the power and speed of quantum will be about as effective as taping a door shut to keep it locked.

Standard encryption today is going to be crushed by the quantum computers forget about two-factor authentication, Shi said, noting that the super rapid processors will render the tool obsolete, while offering greater protection through deeper, more efficient encryption.

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Innovating quantum computers with fluxonium processors – EurekAlert

The next generation of quantum devices requires high-coherence qubits that are less error-prone. Responding to this need, researchers at the Advanced Quantum Testbed (AQT) at Berkeley Lab, a state-of-the-art collaborative research laboratory funded by the U.S. Department of Energy Office of Science, developed a blueprint for a novel quantum processor based on fluxonium qubits. Fluxonium qubits can outperform the most widely used superconducting qubits, offering a promising path toward fault-tolerant universal quantum computing.

In collaboration with researchers from the University of California, Berkeley, and Yale University, the AQT team pioneered a systematic theoretical study of how to engineer fluxonium qubits for higher performance while offering practical suggestions to adapt and build the cutting-edge hardware that will fully harness the potential of quantum computing. PRX Quantum published their results in August 2022.

Superconducting quantum processors consist of multiple qubits designed to have different transition frequencies facilitating precise control of individual qubits and their interactions. The transmon qubit, one of the most widely used in the field for superconducting processors, typically has low anharmonicity. Anharmonicity is the difference between relevant transition frequencies in a qubit. Low anharmonicity contributes to spectral crowding (when qubit frequencies are close to resonating with each other), making the processor more difficult to control since qubit frequencies are arranged tightly together. In contrast, high anharmonicity allows researchers to have better qubit control because theres less overlap between the frequencies that control the qubits and those that drive any given qubit to higher energy levels. The fluxonium qubit has inherent advantages for complex superconducting processors, such as high anharmonicity, long coherence times, and simple control.

Building on AQTs robust research and development history on superconducting circuits, the team leading the fluxonium-based architecture focused on the scalability and adaptability of the processors main components, with a set of parameters that researchers can tune to increase the runtime and fidelity of quantum circuits. Some of these adaptations allow simpler operation of the system. Researchers proposed, for example, controlling the fluxonium qubits at low frequency (1-GHz) via microwave pulses directly generated by an electrical arbitrary waveform generator. This straightforward approach allows researchers to design processors and set up multiple qubits flexibly.

Long B. Nguyen is a project scientist at AQT and the papers lead author. Nguyen started researching alternative superconducting qubits as a University of Maryland graduate student working with Professor Vladimir Manucharyan. Manucharyan introduced fluxonium qubits to the field just a decade earlier, and in 2019 Nguyen demonstrated the possible longer coherence times with fluxonium circuits. The fluxonium circuit is composed of three elements: a capacitor, a Josephson Junction, and a superinductor, which helps suppress magnetic flux noise a typical source of unwanted interference that affects superconducting qubits and causes decoherence.

I always wanted to study new physics, and I focused on fluxonium because it appeared to be a better alternative to the transmon at the time. It has three circuit elements that I could play with to get the type of spectra I wanted. It could be designed to evade decoherence due to material imperfections. I also recently realized that scaling up fluxonium is probably more favorable since the estimated fabrication yield is high, and the interactions between individual qubits can be engineered to have high-fidelity, explained Nguyen.

To estimate and validate the performance of the proposed fluxonium blueprint, the team at AQT, in collaboration with the papers researchers, simulated two types of programmable quantum logic gates the cross-resonance controlled-NOT (CNOT) and the differential ac-Stark controlled-Z (CZ). The high fidelities resulting from the gates simulation across the range of proposed qubit parameters validated the teams expectations for the suggested blueprint.

We provided a potential path towards building fluxonium processors with standard, practical procedures to deploy logic gates with varying frequencies. We hope that more R&D on fluxonium and superconducting qubit alternatives will bring about the next generation of devices for quantum information processing, said Nguyen.

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Innovating quantum computers with fluxonium processors - EurekAlert