Archer Materials Ltd shares rise after signing quantum computing agreement with IBM

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Archer is building a world-first qubit processor technology for quantum computing operation that could potentially operate at room temperature and integrate into modern electronics. ’s () () (FRA:38A) shares are trading about 5% higher intra-day after executing a new quantum computing agreement with International Business Machines Corporation (). As part of the new agreement between Archer and IBM, Archer retains membership to the global IBM Quantum Network and the associated IBM Quantum Startup Program. The new agreement also gives Archer the opportunity to progress the work initiated under its previous agreement with IBM. Access to the most advanced quantum computers Archer is one of the first Australian companies developing quantum computing technology to have joined the invitation-only, IBM Quantum Network. The company is building the...

TAOP Signs Exclusive Strategic Cooperation and Joint Operation Agreement with Ordos Blockchain Cloud Computing Technology Co., Ltd.

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SHENZHEN, April 13, 2021 (GLOBE NEWSWIRE) -- Taoping Inc. (NASDAQ: TAOP, the “Company”), a provider of Internet-based smart display screens, and a new-media ecosystem that enables targeted advertising and online retail, announces today that it has entered into exclusive strategic cooperation and joint operation agreement with Ordos Blockchain Cloud Computing Technology Co., Ltd. (“Chain Cloud Technology”), a cloud service provider located in Ordos, Inner Mongolia, China, to jointly establish and operate a GPU cloud computing power trading platform, and strive to make it a successful model for Ordos City Industrial Park for Cloud Computing.Established in 2017, Chain Cloud Technology provides various custom services, including hardware procurement, server leasing, data center hosting, and daily operations & maintenance. Chain Cloud...

U of T and Fujitsu extend agreement to collaborate on cutting-edge computing research

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The University of Toronto and Japan’s Fujitsu Laboratories Ltd. have agreed to renew, for three years, a partnership that seeks to advance innovative computing research projects with wide-scale applications. The partnership extension was marked this week by a transglobal videoconference that included Fujitsu CEO Hirotaka Hara and U of T President Meric Gertler, as well as other senior leaders and researchers. The group discussed the progress of the partnership – which launched in 2018 and involved the establishment of the Fujitsu Co-Creation Research Laboratory at U of T’s Myhal Centre for Engineering Innovation & Entrepreneurship – and what can be achieved in the future. “Fujitsu is one of the world’s most admired companies and Fujitsu Laboratories is a major engine of research and development in leading innovation clusters...