Global Quantum Computing Technologies Market to Eyewitness Growth at +24% CAGR during 2021-2028 with QX Branch, International Business Machines Corporation, Cambridge Quantum Computing Limited

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Quantum computing is the use of quantum-mechanical phenomena such as superposition and entanglement to perform computation. Quantum computers are believed to be able to solve certain computational problems, such as integer factorization (which underlies RSA encryption), substantially faster than classical computers. Quantum computing is an area of computing focused on developing computer technology based on the principles of quantum theory, which explains the behavior of energy and material on the atomic and subatomic levels. Classical computers that we use today can only encode information in bits that take the value of 1 or 0. Quantum computers could spur the development of new breakthroughs in science, medications to save lives, machine learning methods to diagnose illnesses sooner, materials to make more efficient devices and structures,...

Tech partnership to drive Finland’s quantum computing project

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Finland’s VTT Technical Research Centre has formed a strategic collaboration with tech startup IQM Group to build the country’s first quantum computer. The VTT-IQM co-innovation partnership aims to deliver a 50-qubit machine by 2024, drawing on international quantum technology expertise to augment Finland’s home-grown quantum capabilities. The partnership combines VTT’s expertise in supercomputing and networking systems with IQM’s capacity to deliver a hardware stack for a quantum computer while working with VTT to integrate critical technologies. The financing element of the project saw IQM launch a new series A funding round in November. The Helsinki-headquartered company raised €39m in new capital in the funding round, bringing to €71m the total amount raised by IQM for quantum computing-related research and development...

Project Uses Cloud Computing and AI To Address Unsafe Street Drugs

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Scientists have used supercomputers to help understand the biological, chemical and physical changes our world is going through, to discover new frontiers in science, and to invent new technologies to improve the human condition. Now, researchers from the University of Victoria (UVic) on British Columbia’s Vancouver Island are using supercomputing resources to address one of society’s biggest challenges – the risks of an unregulated drug market – and help change the lives of those impacted by overdose. Their work shows how these cold, complex machines can have personal impacts on our lives and opens doors to greater possibilities for our safety and security.The Arbutus HPC cloudThe Arbutus phase 2 HPC cloud was recently deployed at the University of Victoria (UVic). Part of a Compute Canada and WestGrid...

A brief history (so far) of quantum computing [PART 2]

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Most of us have become aware of quantum computing in recent years. As is often the case with significant scientific and technical advances, the origins occurred decades ago. Subsequent theorizing, elaborating, tinkering and engineering have stretched over the intervening decades. Then, all this work results in various prototypes. Eventually, reasonably finished products appear that an end-user without a Ph.D. and a supporting lab team can use. Quantum computing is the use of quantum phenomena such as superposition and entanglement to perform computations. Computers that perform quantum calculations are known as quantum computers. The following pages describe the highlights of the development of quantum computing so far. Click here for Part 1, and check back later this week for part 3! D-Wave Systems Inc. – 16-qubits D-Wave demonstrated...

Global Cognitive Cloud Computing Market to Garner Revenue

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New York, USA, Jan. 11, 2021 (GLOBE NEWSWIRE) -- According to a report published by Research Dive, the cognitive cloud computing market is expected to cross the $108,788.7 million mark by 2027, from a significant market size of $11,530.0 million in 2019, with a healthy CAGR of 31.3%. This report elaborates about the present condition of the market and includes features like growth aspects, market dynamics, hurdles and challenges, restraints, and plausible opportunities in the forecast period. The report also highlights market figures; thus making it simple and beneficial for the novel market players to comprehend the overall market situation. Download Sample Report of the Global Cognitive Cloud Computing Market and Reveal the Market Overview, Opportunity, Expansion, Growth and More: https://www.researchdive.com/download-sample/2800 Market...

A brief history (so far) of quantum computing [PART 1]

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Most of us have become aware of quantum computing in recent years. As is often the case with significant scientific and technical advances, the origins occurred decades ago. Subsequent theorizing, elaborating, tinkering and engineering have stretched over the intervening decades. Then, all this work results in various prototypes. Eventually, reasonably finished products appear that an end-user without a Ph.D. and a supporting lab team can use. Quantum computing is the use of quantum phenomena such as superposition and entanglement to perform computations. Computers that perform quantum calculations are known as quantum computers. The following pages describe the highlights of the development of quantum computing so far. Check back on Monday for part 2! Richard Feynman At Cornell and Caltech, Richard Feynman was a theoretical physicist known...

What is edge computing and how does it complement 5G?

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Thanks to edge computing, “the possibilities of the current centralized cloud model have increased and expanded, supporting the evolution and deployment of IoT devices and admitting innovative applications, thus offering a great evolution for digital businesses as a result,” adds Ignacio Velilla, Spain´s Managing Director of Equinix, a multinational specialized in internet connection and data centers. Greater investment of resources A basic deployment of edge computing consists of a device that generates information and that requires information from other sensors or devices to modify its behavior or make decisions. “For this reason, a nearby infrastructure where all this data is stored and processed is necessary. This way each device can immediately access not only its data, but all the rest, to take advantage of the information generated,...

Quantum computing is so last-decade. Get ready to invest in the final frontier… teleportation

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If 2020 had you wishing you could say “Beam me up, Scotty,” you’re not alone. You may be one tiny step closer to getting your wish… in a few decades or so. Scientists from Fermilab, Caltech, NASA’s Jet Propulsion Laboratory and the University of Calgary achieved “long-distance quantum teleportation” in mid-2020, they confirmed in an academic journal article published last month. It’s another step toward realizing what’s often called quantum computing, and also toward understanding physics on a different level than we do now, perhaps well enough to someday teleport humans. And while there is no ETF specifically for that yet, here are some broad guidelines for thinking about how to invest in very nascent technologies. For starters, it’s good to understand the broad contours of the industry supporting the idea. A...

Opinion: Quantum computers’ power will remake competition in industries from technology to finance

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Quantum computers, once fully scaled, could lead to breakthroughs on many fronts — medicine, finance, architecture, logistics. First, it’s important to understand why quantum computers are superior to the conventional ones we’ve been using for years: In conventional electronic devices, memory consists of bits with only one value, either 0 or 1. In quantum computing, a quantum bit (qubit) exhibits both values in varying degrees at the same time. This is called quantum superposition. These ubiquitous states of each qubit are then used in complex calculations, which read like regular bits: 0 and 1. Since qubits can store more information than regular bits, this also means quantum computers are capable of processing greater quantities of information. Having four bits enables 16 possibilities, but only one at a time. Four qubits in...

Cloud computing: A brief overview of intellectual property issues “in the cloud” | Smart & Biggar

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[co-author: Robert Baker] Cloud computing has increasingly become a dominant model for computer and information technology service, with the majority of businesses worldwide using computing resources and storing data “in the cloud.” However, despite the ease of use and convenience of cloud computing, moving data and services into the cloud raises several legal issues for both cloud computing providers and users. This article highlights some of the issues and questions related to intellectual property (IP) rights raised by cloud computing. What is cloud computing? Generally, “cloud computing" is the remote delivery of computing services and resources to a client. Data is stored and/or processed remotely from the client, on infrastructure that is generally called the “cloud.” The client can access this infrastructure remotely, usually...