6 experts share quantum computing predictions for 2021

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More companies will look for specific use cases that can be leveraged sometime in the next decade, as computers improve and the number of qubits available continues to grow. Widespread use of quantum computing is still a ways away, but 2020 saw a number of milestones from numerous quantum industry leaders, including IBM, Amazon, and Google.  Multiple companies and institutions have made claims of quantum advantage or quantum supremacy, the points at which a quantum computer can compute hundreds or thousands of times faster than a classical computer or are powerful enough to complete calculations that classical supercomputers can't perform at all. But multiple experts said 2021 will see more companies look for specific use cases that can be leveraged sometime in the next...

10 Future Cloud Computing Trends To Watch In 2021

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Cloud computing, which underpinned the world’s economy, global supply chains and remote workforces during the coronavirus pandemic, will continue to be an essential target for organizations looking for increased scalability, business continuity and cost efficiency in 2021. “The effects of COVID-19 will linger throughout 2021, as businesses will look to lay a foundation for increased agility,” said Dustin Milberg, field chief technology officer for cloud services at InterVision, a Santa Clara, Calif.-based IT service provider and AWS Premier Consulting Partner. “Cloud will take a key focus in this goal, given its benefits of improved accessibility, scalability and flexibility.” But those companies who view cloud as a journey and not a destination will see more success, according to Milberg. “This is because simply ‘getting to the...

Zapata Computing Announces $38 Million Funding for Series B

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BOSTON, Nov. 19, 2020 (GLOBE NEWSWIRE) -- Zapata Computing, Inc., the leading enterprise software company for NISQ-based quantum applications, today announced it has received $38 million in Series B funding, bringing the total investment to over $64 million. This funding round was led by Comcast Ventures, Pitango and Prelude Ventures, with the support of additional existing Series A investors, including BASF Venture Capital, Robert Bosch Venture Capital and The Engine, as well as the commitment of new investors, including Ahren Innovation Capital, Alumni Ventures Group, Honeywell Venture Capital, ITOCHU Corporation and Merck Global Health Innovation Fund. This financing testifies to the investors’ belief in the promise of quantum computing as well as Zapata’s significant progress since its Series A financing last year. In...

Archer Materials Ltd takes big steps in advancing 12CQ quantum computing chip towards qubit control milestone

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The company has completed the preliminary stages of its quantum measurements towards qubit control by successfully characterising optimised and unoptimised QC Devices. Archer Materials Limited () (FRA:38A) has made significant progress in advancing the development of its 12CQ quantum computing chip, which is focused on achieving the major technological milestone of qubit control. It has completed the preliminary stages of quantum measurements towards qubit control by successfully characterising optimised and unoptimised QC Devices.  The information obtained, such as device response to ‘pulse sequences’, will greatly expedite further progress in the 12CQ qubit control measurements.  "Well-funded and on track" Archer chief executive officer Dr Mohammad Choucair said: “We are incredibly proud of these latest results which show that we...

Edge Computing Is Leading The Next Great Tech Revolution

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MOUNTAIN VIEW, CA - JANUARY 19: A display featuring the Xerox Alto personal computer is seen at the ... [+] Computer History Museum on January 19, 2011 in Mountain View, California. After a two year, $19 million renovation, the Computer History Museum re-opened its doors with a new 25,000 square foot exhibit called Revolution: The First 2000 Years of Computing. The exhibit features over 1,000 artifacts and 100 multimedia stations that explores every major aspect of the history of computing, from the abacus to the smart phone, and every step in between. (Photo by Justin Sullivan/Getty Images) Getty Images Do you want in on the next great tech revolution? Well, it’s happening before our eyes. But it’s a shift so subtle, hardly anyone recognizes the profits at stake. As I’ll show you today, these subtle shifts in computing happen...

New cloud computing ETF taps into fast-growing universe

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The global population has a reported 25 billion devices connected online around the world today – that’s three per person – whether it’s via your phone, thermostat or maybe even your fridge. And there is little doubt that remote working has resulted in a surge of demand for software. Lala said: “DocuSign is a great example of software as a service infrastructure that we need during this type of environment. The amount of data that's been moving to the cloud since COVID kicked in has been pretty significant. For our business, there’s Salesforce, which is cloud-based software and Zoom, of course, which has become instrumental to our lives. Then think about Disney+, Netflix … that's cloud computing. “What’s interesting is it’s become a foundation for a long-term behavioural shift, I believe. We’ve gotten used to this...

New ETF looks to capitalize on cloud computing growth

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Crypto ETFs hit $2.5B in AUM in April The month saw 14 crypto fund launches, for a total for 21 product launches in the ETF space By: Staff May 4, 2021 May 4, 202117:49 Evolve to launch FANGMA ETF this week The fund offers exposure to six technology giants By: Staff May 3, 2021 May 3, 202110:55 Invesco renames QQQ ETF The fund company also announced changes to the ETF's management fee By: Staff April 29, 2021 April 29, 202111:51 Purpose Investments launches climate opportunities fund The fund focuses on growth opportunities in the energy...

Finnish quantum computing firm IQM raises $46 million

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Nov 10 (Reuters) - Finnish quantum computing technology firm IQM has raised 39 million euros ($46 million) from investors including MIG and Tencent to boost its position in the emerging industry, it said on Tuesday.IQM, founded in 2018, develops quantum computers for research laboratories and computing centres, and has now raised a total of 71 million euros - making it one of the best-funded European firms in the sector.“Europe is ideally positioned to become a quantum leader for the future. Our decades of investment in science and research which are needed to power quantum breakthroughs play to our strengths,” it said.Quantum computers could operate millions of times faster than today’s advanced supercomputers. The technology is based on quantum bits, or qubits, that exponentially increase the amount of information that can be...

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...

UVic news – University of Victoria

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Hausi Müller vividly recalls the excitement he felt being part of the computing scene in the early 1970s, when the digital world was starting to explode. The changes it promised seemed like science fiction then. Fast forward 50 years, and recent advances in quantum computing have got Müller just as excited as he was back then. “This is an amazing time, it’s like being in a giant candy store,” says Müller, a UVic professor of computer science. “Quantum computing is a completely new type of computing—a whole new paradigm—and it’s given me that same feeling all over again.” Since mid-2019, Müller has worked tirelessly to create and orchestrate the most extensive, high-profile international conference believed ever to have been held on quantum computing. The first IEEE International Conference on Quantum Computing and Engineering...