Edge computing drives business innovation

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As technology use has grown exponentially during the pandemic, generating unprecedented volumes of critical business data, businesses are turning to the edge to help accelerate growth and drive business transformation, a survey from Intel has revealed. The report, The edge outlook: the now, the new and the next of edge computing, made the case that with the edge set to transform every aspect of life and business, organisations must embrace collaboration and take advantage of ecosystems that allow them to capitalise on all its opportunities. It found that the rate at which the world is changing is exacerbated by the pandemic, climate crisis and rising sociopolitical tensions. Alongside this, reliance on data is soaring, with trillions of minutes processed on video platforms each month. Intel said businesses need this data readily...

Peloton introduces handheld gadget amid treadmill recall

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Peloton may be angling to sidestep its woes with a new gadget that has nothing to do with riding on a stationary bike.  The fitness company, forced this month to recall thousands of its $4,300 exercise treadmills over customer injuries and the death of a child, is quietly testing a new device called The Tiger, sources told The Post.  The handheld gadget, about the size of an old Sony Walkman, can be attached to a TV or computer and provides instant feedback on customers’ workouts, said a source close to the company.  It was not clear what sort of workouts Peloton would be offering, but The Tiger is equipped with software that will assess customers’ form and movements.  A small child got pulled underneath the moving Peloton treadmill.U.S. Consumer Product Safety Commission/YouTube There is also a cover that slides over the...

Solidworks expects surging sales from cloud computing business in 2021

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Solidworks expects surging sales from cloud computing business in 2021 Max Wang, Taipei; Joseph Tsai, DIGITIMES Monday 24 May 2021 Solidworks, a developer of 3D engineering CAD software under Dassault Systemes, expects its sales from cloud computing-related businesses in 2021 to surge 6- to 7-fold from a year ago, with the releases of its new cloud computing design, simulation and data management tools, according to company CEO Gian Paolo Bassi.Despite the coronavirus pandemic, Solidworks still managed to achieve a 12% on-year growth in sales in the Greater China region in 2020, Bassi said.Solidworks has recently launched 3DExperience Works, which combines Solidworks' software with Dassault's 3DExperience platform, with...

Google Aims for Commercial-Grade Quantum Computer by 2029

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Alphabet Inc.’s Google plans to spend several billion dollars to build a quantum computer by 2029 that can perform large-scale business and scientific calculations without errors, said Hartmut Neven, a distinguished scientist at Google who oversees the company’s Quantum AI program. The company recently opened an expanded California-based campus focused on the effort, he said.“We are at this inflection point,” said Dr. Neven, who has been researching quantum computing at Google since 2006. “We now have the important components in hand that make us confident. We know how to execute the road map.” Chief Executive Sundar Pichai announced the timeline and introduced the new Google Quantum AI campus in Santa Barbara County on Tuesday at Google’s annual developer...

Cloud Computing Giants Are Spending, But How Much?| Investor’s Business Daily

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Cloud computing giants Amazon.com (AMZN), Microsoft (MSFT) and Alphabet's (GOOGL) Google rank as the biggest spenders on technology along with telecom firms like AT&T (T). But what these titans actually spend on data center infrastructure for cloud computing remains a guess for Wall Street analysts and their suppliers. X Capital spending on cloud infrastructure is a key industry trend for analysts that follow semiconductor companies like Nvidia (NVDA) and Intel (INTC) as well as makers of computer servers, data storage systems and networking gear. Amazon stock, Microsoft and Google do not break out cloud infrastructure spending, however, in financial reports. So Wall Street analysts and others estimate how much of total capital spending goes toward warehouse-sized data centers packed with hardware and software dedicated to cloud...

Toshiba and Dharma Capital bid to bring quasi-quantum computing to HFT

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Japanese tech giant Toshiba is joining forces with Dharma Capital to trial the use of quasi-quantum technology in financial trading. The experiment will investigate the effectiveness of high frequency trading (HFT) strategies for Japanese listed stocks based on "optimal solutions" presented by a quasi-quantum computer -Toshiba’s Simulated Bifurcation Machine.Toshiba says that by combining its computing power with conventional HFT technology, it is now possible to search statistical arbitration opportunities that have not been targeted before, with a sufficient level of low latency against market price fluctuations. More broadly, establishing trading systems that can quickly detect ever-untargeted mispricings and eliminate them is expected to further improve market efficiency and liquidity, says the...

“Data Island” Problem Can Be Solved by Combining Privacy Computing AI and Blockchain Technology – IT Business Net

Data Island Problem Can Be Solved by Combining Privacy Computing
Platon Now Offers Breakthrough Solutions to Break the “Data Island” and Release the Value Potential Singapore, Singapore–(Newsfile Corp. – May 11, 2021) – During the COVID-19 pandemic, medical networking services developed rapidly, and big data played a key role in the development. In the medical industry, new medical models and cutting-edge research also require a large number of patient data to verify. However, due to the lack of effective privacy protection, data cannot be shared, resulting in the “data island” phenomenon, which has become a big problem to be solved. At the same time, the widespread use of medical big data also triggered the issue of privacy leaks and data abuse, and raised social concerns about data security and privacy protection. These problems exist not only in the medical industry, but also in other...

Goldman Sachs makes quantum breakthrough

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Goldman Sachs is claiming a quantum computing breakthrough, designing algorithms it says could be used on hardware that may be available in as little as five years. The bank has been working with Silicon Valley startup QC Ware for the past couple of years to investigate the use of quantum algorithms in finance, exploring how the technology will eventually outperform classical computers for finance applications.Researchers at the two firms have been looking at how quantum computing can be tapped for the Monte Carlo algorithm used to evaluate risk and simulate prices for a variety of financial instruments.Using traditional hardware, the complex calculations needed for Monte Carlo are typically executed once overnight, which means that in volatile markets, traders are forced to use...