Nvidia Reports ‘Challenging’ Q2 As Data Center, Automotive Drive Sales

Nvidia Reports ‘Challenging Q2 As Data Center Automotive Drive Sales
Components peripherals News Thomas Grillo August 24, 2022, 09:00 PM EDT Nvidia Corp.’s data center business in the second quarter was one of the bright spots. Advances in artificial intelligence powered Nvidia Corp.’s data center business in the second quarter as revenues swelled to $3.8 billion, up 61 percent from the same period one year ago, the Santa Clara, Calif.-based global technology company reported Wednesday. It was among...

IBM Debuts Qiskit Runtime for Quantum Computing; Reports Dramatic Speed-up

IBM Quantum System One from site
In conjunction with its virtual Think event, IBM today introduced an enhanced Qiskit Runtime Software for quantum computing, which it says demonstrated 120x speedup in simulating molecules. Qiskit is IBM’s quantum software development platform; the new containerized runtime software runs in the IBM Cloud where it leverages IBM classical hardware and proximity to IBM quantum processors to accelerate performance. An IBM blog by researchers Blake Johnson and Ismael Faro said, “Last fall, we made the ambitious promise to demonstrate a 100x speedup of quantum workloads in our IBM Quantum roadmap for scaling quantum technology. Today, we’re pleased to announce that we didn’t just meet that goal; we beat it. The team demonstrated a 120x speedup in simulating molecules thanks to a host of improvements, including the ability to run quantum programs...