Accenture and SandboxAQ Collaborate to Help Organizations Protect Data Against AI-Driven Cyber Threats and Quantum-Based Decryption Attacks
Insider Brief Accenture and SandboxAQ are partnering to deliver artificial intelligence (AI) and quantum computing solutions for cybersecurity. The companies will provide comprehensive AI-enabled cryptographic management leveraging SandboxAQ’s Security Suite. Organizations to scan all of their files, applications and network traffic to ensure that all of their data is secure. PRESS RELEASE — Accenture (NYSE: […]
Q-CTRL Partners with USGS to Pioneer Quantum Sensing and Computing Applications
Insider Brief Q-CTRL will partner with the United States Geological Survey (USGS) to explore potential quantum computing and sensing applications for geological sciences. The teams will use sophisticated quantum techniques, such as quantum gravimetry, quantum magnetometry and quantum-enhanced logistics optimization. Researchers hope the tech could lead to earlier detection of hazards, new ways to see through […]
Honeywell Announces the Closing of $300 Million Equity Investment Round for Quantinuum at $5 Billion Pre-Money Valuation
Insider Brief In what could be seen as a pre-IPO move, Honeywell today announced the closing of a $300 million equity fundraise for Quantinuum at a pre-money valuation of $5 billion. JPMorgan Chase, Mitsui and Honeywell made investments to support Quantinuum’s growth and innovation. The investment brings the total capital raised by Quantinuum since inception […]
Chinese Researchers Use Quantum to Protect E-Commerce Transactions
Insider Brief Chinese researchers report an advance in creating a quantum algorithm for non-repudiation in e-commerce transactions. Their e-commerce protocol is based on a new form of quantum digital signature (QDS). The team successfully showcased a five-user quantum network using this protocol. Chinese scientists have achieved a significant breakthrough in e-commerce security, developing the world’s […]
Finnish Quantum Flagship Receives €13 Million Boost
Insider Brief The Research Council of Finland on January 11 awarded €13 million to the newly launching Finnish Quantum Flagship project. Flagship organisations include: Aalto University (coordinator), VTT Technical Research Centre of Finland, the University of Helsinki, the University of Jyväskylä, Tampere University, the University of Oulu, and CSC-IT Centre for Science. The figures represent […]
French Tech Leaders Urge EU to Boost Funding for Quantum Technology
Insider Brief The EU should increase funding initiatives for deep tech and quantum technologies, according to industry experts in France. Quantum has significant potential, but also has a growing need for investment in quantum. The quantum industry is one of the most capital-intensive endeavors, requiring substantial investment for companies. European Union (EU) leaders are being […]
PASQAL Joins Forces with Mila to Enhance Generative Modeling in Quantum AI
Insider Brief Representatives from Mila announced that PASQAL is now part of its partner community. Based in Montreal, Mila is a research institute with over 1,200 specialized researchers in machine learning. The collaboration is expected to start of future collaborative developments on the enhancement of AI by quantum technologies. PRESS RELEASE — Mila is proud […]
Rigetti Computing Awarded Innovate UK Grant to Develop Quantum Machine Learning Techniques for Financial Data Streams
Insider Brief Rigetti UK awarded an Innovate UK grant for a project using quantum computing to enhance machine learning in finance, partnering with AWS, Imperial College, and Standard Chartered. The consortium aims to combine quantum and classical computing to process complex financial data streams more efficiently, potentially outperforming current methods. The project, starting January 2024 […]
Asia Times: Video Offers Glimpse of Foreign Tech in China’s Quantum Computing Program
Insider Brief A video of quantum computing development points out that several technologies used in the process originate from non-Chinese sources. The video was aired on state-owned China Central Television last year. Experts say there is no evidence that these company violated US chip export controls. Asia Times is reporting that a recently surfaced video […]
LG Electronics Researchers Develop New Method For Quantum Secure Communication
Insider Brief LG Electronics researchers have developed a new protocol for Quantum Secure Direct Communication (QSDC). QSDC is a method of transmitting messages directly through a quantum channel without the need for a secret key. The new method may overcome the challenges in transmission rates due to the limitations imposed by the dead time of […]