Archive for the ‘Quantum Computer’ Category

Beijing urges breakthroughs in chips and quantum computing to command future – South China Morning Post

Chinese authorities have reiterated the need for technological breakthroughs in a range of hi-tech areas, including graphics processing units (GPUs), quantum computing, humanoid robots and brain-computer interfaces, in Beijings latest effort to seek control of the industries of the future.

A document issued on Monday by the Ministry of Industry and Information Technology, the Ministry of Science and Technology, the Chinese Academy of Sciences and other departments, urges the country to grasp the opportunities of a new round of scientific and technological revolution at a time when the US is doubling down on a small yard, high fence approach to block Chinas access to key technologies.

The US has been ramping up its tech pressure on China. As a result of Washingtons October update of export restrictions for advanced chips, Nvidia is unable to sell its cutting-edge GPUs including some tailor-made for China to comply with previous regulations to the country.

Strong China demand for chip tools bolsters revenue at Lam Research and ASML

The Biden administration will require such firms to reveal foreign customer names and IP addresses, and they will need to devise a budget for collecting those details and report any suspicious activity, according to a draft rule published on Sunday.

The Chinese government is pushing a whole-of-the-nation approach to focus resources on breakthroughs in designated areas. The latest policy document identifies GPUs that can help train large language models and robots that can be used in smart manufacturing and household services.

It also mentions brain-computer interfaces, which Tesla founder Elon Musk has been developing with Neuralink, and which can be applied to medical treatments, autonomous-driving and virtual reality.

The document sets a target of achieving breakthroughs in at least 100 core cutting-edge technologies by 2025 and to become a global leader in certain areas by 2027, although it does not lay down the criteria for assessing progress.

The authorities also promise that China would actively participate in the global division of labour and cooperation and deeply integrate into the global innovation network, adding that the nation encouraged multinational corporations and foreign academic institutes to set up research centres in China.

In terms of industries, China will focus on future manufacturing, future information, future materials, future energy, future space and future health.

In recent years, Beijing has repeatedly urged scientists and companies to achieve self-sufficiency in semiconductor supplies. China aims to produce 70 per cent of the chips it uses by 2025.

The new guideline comes hot on the heels of the annual tone-setting central economic work conference in December, when Chinas top leaders set developing industries of the future as a key mission for the year ahead.

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Beijing urges breakthroughs in chips and quantum computing to command future - South China Morning Post

Wall Street Favorites: 3 Quantum Computing Stocks with Strong Buy Ratings in January 2024 – InvestorPlace

After ChatGPT and Generative AI,quantum computingmay be the field of research to bring about the next technological revolution in the 21st century. Quantum computing has the potential to solve complex problems that normally slow down classical computers, such as optimization, cryptography, machine learning, and simulation. This has led to this list of quantum computing stocks for January 2024.

While this kind of novel technology may still be in its infancy, investors desiring to invest in the up-and-coming technology should consider one of the following three quantum computing stocks with Strong Buy ratings from Wall Street analysts.

Source: Shutterstock

Rigetti Computing(NASDAQ:RGTI) is a pure-play quantum computing business thatisvertically integrated. This simply means the company is involved in both designing and manufacturing its multi-chip quantum processors. Rigetti uses superconducting circuits as qubits, which are fabricated on silicon chips and operate at near-zero temperatures.In order to get deliver its quantum computing capabilities to clients, Rigetti leverages cloud service networks, while also providing quantum software development tools as well as quantum hardware design and manufacturing.

Rigetti Computings financials show robust growth potential, as the companygenerated $13 millionin revenue in 2022, up 46% year-over-year. The quantum computing firms 2023 financials appear on the way to surpass 2022s numbers.RGTIs shares proved volatile in 2023. At one point, RGTI returned more than 200%, but the stock ended the year at only a 35% return. This makes it one of those quantum computing stocks for January 2024.

Wall Street analysts have given the stock a resounding Strong Buy rating, and while shares are only trading at above $1, interested investors should take the chance to buy shares now.

Source: Amin Van / Shutterstock.com

D-Wave Quantum(NYSE:QBTS) is the oldest and most established quantum computing company in the market. The company is the pioneer ofquantum annealing, a computing technique used to find the optimal solution for a given problem. D-Wave Quantum has built several quantum annealers withmore than 5,000 qubits, which allows greater potential for commercial applications.

D-Wave Quantum offers its quantum annealers and software tools through its own cloud platform, called Leap. QBTS also offers a suite of developer tools, called Ocean, which helps users design, develop and deploy quantum applications. The quantum computing company has a diverse customer base, includinggovernment agenciesas well as corporations.

Wall Streetanalysts expectD-Wave to generate more than $10 million in revenue at the end of 2023, which would represent a 47% YoY increase from the prior period. However, shares are down 32% over the past 12 months, so this could be a chance for investors to buy this stock at a lower price, as D-Wave Quantum has a strong competitive advantage in the quantum computing market.

Source: Sergio Photone / Shutterstock.com

Nvidia(NASDAQ:NVDA) was one of the best-performing stocks of 2023, with a staggering gain of more than 240% last year. The chip stock is already off to a great start in 2024, so much so that it could be another record year for Nvidias share price. Shares, thus far, have risen to an all-time high of $563.82/share. The chipmaker has been riding high on the booming demand for its AI solutions, which power some of the most advanced and popular applications in the world, such asOpenAIsChatGPT and other generative AI platforms.

However, Nvidia is also one of the key players in quantum computing, with itsTensor CoreGPUs used to power some of the most advanced quantum simulators and algorithms. Furthermore, Nvidia has developed its own quantum software development kit and platform calledcuQuantum, which leverages its CUDA programming model and libraries to enable developers to create and run quantum applications on Nvidia GPUs.

Wall Street remains bullish on Nvidia shares, rating the chipmakers stock as a Strong Buy. All in all, its one of those quantum computing stocks for January 2024.

On the date of publication, Tyrik Torresdid not have (either directly or indirectly) any positions in the securities mentioned in this article.The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.

Tyrik Torres has been studying and participating in financial markets since he was in college, and he has particular passion for helping people understand complex systems. His areas of expertise are semiconductor and enterprise software equities. He has work experience in both investing (public and private markets) and investment banking.

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Wall Street Favorites: 3 Quantum Computing Stocks with Strong Buy Ratings in January 2024 - InvestorPlace

Korea Quantum Computing and IBM Collaborate to Bring IBM watsonx and Quantum Computing to Korea – PR Newswire

Agreement includes KQC offering IBM software and new AI infrastructure capabilities as well as IBM's next-generation quantum computing architecture

BUSAN, South Korea, Jan. 29, 2024 /PRNewswire/ -- IBM (NYSE: IBM) today announced that Korea Quantum Computing (KQC) has engaged IBM to offer IBM's most advanced AI software and infrastructure, as well as quantum computing services. KQC's ecosystem of users will have access to IBM's full stack solution for AI, including watsonx, an AI and data platform to train, tune and deploy advanced AI models and software for enterprises.

KQC is also expanding its quantum computing collaboration with IBM. Having operated as an IBM Quantum Innovation Center since 2022, KQC will continue to offer access to IBM's global fleet of utility-scale quantum systems over the cloud.Additionally, IBM and KQC plan to deploy an IBM Quantum System Two on-site at KQC in Busan, South Koreaby 2028.

"KQC is providing versatile computing infrastructure in Korea through our collaboration with IBM. Our robusthardware computing resources and core software in quantum and AI are poised not only to meet the growing demand for high performance computing, but also to catalyze industry utilization and ecosystem development. We are working to diligently enhance services and infrastructure through this collaboration as well as with our industry-specific partners," said Ji Hoon Kweon, Chairman of KQC.

"We are excited to work with KQC to deploy AI and quantum systems to drive innovation across Korean industries. With this engagement, KQC clients will have the ability to train, fine-tune, and deploy advanced AI models, using IBM watsonx and advanced AI infrastructure. Additionally, by having the opportunity to access IBM quantum systems over the cloud, today and a next-generation quantum system in the coming years KQC members will be able to combine the power of AI and quantum to develop new applications to address their industries' toughest problems," said Daro Gil, IBM Senior Vice President and Director of Research.

This collaboration includes an investment in infrastructure to support the development and deployment of generative AI. Plans for the AI-optimized infrastructure includes advanced GPUs and IBM's Artificial Intelligence Unit (AIU), managed with Red Hat OpenShift to provide a cloud-native environment. Together, the GPU system and AIU combination is being engineered to offer members state-of-the-art hardware to power AI research and business opportunities.

To provide a full stack solution, this collaboration will also include access for KQC's clients to Red Hat OpeShift AI for management and runtime needs, and IBM's watsonx platform to empower generative AI and the next wave of computing technology. By leveraging watsonx software for its workflows and solutions, KQC members will have access to generative AI technologies for the enterprise.

In addition to IBM, KQC is also collaborating with other Korean organizations on contributions to the country's quantum computing ecosystem.

"KQC has beenactively building quantum research collaborations with leading domestic companies in the financial, bio-healthcare and pharmaceutical industries. Last year, Dankook University Hospital joined as a co-research member in quantum healthcare. Additionally, as members of our IBM Quantum Innovation Center, Hanlim Pharmaceutical Co., has started joint research for new drug discovery with us. And DNEURO, a Korean financial software start up is developing quantum algorithms in option pricing and portfolio optimization," said Dr. Joon Young Kim, CEO of KQC.

About IBM

IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs, and gain the competitive edge in their industries. More than 4,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM's long-standing commitment to trust, transparency, responsibility, inclusivity and service.

Media Contacts:

Bethany Hill McCarthy, IBM Research [emailprotected]

Chris Nay, IBM Quantum [emailprotected]

SOURCE IBM

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Korea Quantum Computing and IBM Collaborate to Bring IBM watsonx and Quantum Computing to Korea - PR Newswire

Mastering the quantum code: A primer on quantum software – SDTimes.com

In the world of quantum computing, the spotlight often lands on the hardware: qubits, superconducting circuits, and the like. But its time to shift our focus to the unsung hero of this tale the quantum software, the silent maestro orchestrating the symphony of qubits. From turning abstract quantum algorithms into executable code to optimizing circuit designs, quantum software plays a pivotal role.

Here, well explore the foundations of quantum programming, draw comparisons to classical computing, delve into the role of quantum languages, and forecast the transformational impact of this nascent technology. Welcome to a beginners guide to quantum software a journey to the heart of quantum computing.

At its heart, the world of quantum computing contrasts starkly with that of classical computing. The differences extend beyond hardware to the very core of programming. Lets illuminate some of the primary distinctions that delineate these parallel universes of computing.

Classical computers, the type most of us use daily, operate on binary data. This means they process information in bits, which are either in a state of 0 or 1. Classical programs, thus, revolve around manipulating these bits using logical operations.

Quantum computers, however, function quite differently. They leverage the quirks of quantum physics to process information via qubits. Unlike bits, a qubit can exist in multiple states simultaneously, thanks to a phenomenon called superposition. Additionally, qubits can also be entangled, meaning the state of one qubit can instantaneously affect the state of another, no matter the distance between them.

Therefore, programming a quantum computer necessitates a new approach, new logic, and an entirely new set of programming languages. Quantum software developers do not merely instruct a sequence of operations; they choreograph a dance of qubits, harnessing the peculiar properties of quantum physics to solve complex problems. The beauty of quantum programming lies in its ability to weave a ballet of superpositions and entanglements to achieve solutions exponentially faster than classical computing.

Quantum computing does not replace classical computing. Instead, it complements it, addressing problems that are currently unsolvable with classical computers due to the type of calculation and its complexity. Quantum software, therefore, requires a firm understanding of both classical and quantum principles to effectively leverage the strengths of each and navigate their respective challenges.

Quantum programming demands a unique set of terms to address the building blocks of a quantum program. These terms help us to describe and navigate the multi-dimensional universe of quantum computation. Here, we highlight three of these terms: quantum gates, quantum circuits, and quantum algorithms.

Quantum Gates: Much like classical computers use logical gates (AND, OR, NOT), quantum computers operate with quantum gates. But unlike their classical counterparts, quantum gates are reversible and deal with probabilities. They manipulate the state of qubits to perform quantum operations. A few examples include the Pauli-X, Pauli-Y, Pauli-Z, Hadamard, and CNOT gates.

Quantum Circuits: A sequence of quantum gates forms a quantum circuit. The quantum circuit defines the transformations that the qubits undergo to solve a given problem. However, the circuits behavior is inherently probabilistic due to the nature of quantum physics.

Quantum Algorithms: Quantum algorithms are sequences of quantum circuits designed to perform a specific task or solve a specific problem, much like a sequence of instructions forms a classical algorithm. Some popular quantum algorithms include Shors algorithm for factoring large numbers, and Grovers algorithm for searching unsorted databases. Quantum algorithms exploit the phenomena of superposition and entanglement to outperform classical algorithms for certain problem types.

In the realm of quantum programming, were essentially designing a choreographed sequence that manipulates qubits through these quantum gates, forming quantum circuits to execute quantum algorithms. All this, to solve problems that classical machines find insurmountable.

The world of quantum programming is as diverse as the set of problems it aims to solve. Various quantum programming languages and software platforms have emerged to address different needs, each with its unique approach and strengths. Here, we introduce you to this rich landscape.

Quantum Programming Languages: Just as classical computing has its C++, Python, and Java, quantum computing too has developed its languages. For example, Q# from Microsoft and Qiskit from IBM are two of the most popular quantum programming languages today. They allow you to define and manipulate quantum states, apply quantum gates, and measure the results.

Here we can see qiskit code that creates a quantum register with two qubits and applies a Hadamard gate to the first qubit and a CNOT gate to the two qubits. The code then measures the two qubits.

Software Platforms: Aside from standalone programming languages, there are software platforms designed to aid in quantum development. For instance, our platform at CLASSIQ provides an intuitive, visual way to design quantum circuits and algorithms. It is this high-level abstraction that allows quantum developers, beginners, and experts alike, to harness the power of quantum computing without getting bogged down in the low-level details of gate definitions.

Remember, each tool and language has its strengths, and the choice often depends on the problem youre tackling. Its about choosing the right tool for the right job, much like in the world of classical computing.

While programming a quantum computer can initially seem daunting, a high-level perspective simplifies the task into a series of logical steps. Heres an overview of the general process:

Problem Formulation: The first step in quantum programming is defining the problem you want to solve. This might be optimizing a financial portfolio, simulating a chemical reaction, or breaking an encryption code. Its crucial to understand that not all problems are suited for quantum solutions. Some tasks may be more efficiently handled by classical computers. Therefore, selecting the right kind of problem is a pivotal decision.

Algorithm Selection: Once you have defined the problem, the next step is to choose a quantum algorithm that can solve it. There is a growing library of quantum algorithms, each designed to address a particular type of problem. Some algorithms are well-suited for optimization tasks, while others are designed for simulation or machine learning.

Implementation: With the problem and algorithm in hand, you can now proceed to implementation. This is where quantum programming languages and platforms come into play. You translate the chosen algorithm into quantum code using your selected language or platform. This is often the most technical part of the process, and it can involve complex tasks like designing quantum circuits and managing quantum states.

Execution and Analysis: Finally, you execute your quantum program on a quantum computer or simulator and analyze the results. Since quantum computing is probabilistic, you may need to run your program multiple times to achieve a statistically significant result. The analysis often involves interpreting the quantum results in the context of your original problem.

Just like learning to program in a classical sense, the path to becoming proficient in quantum programming involves practice, patience, and a whole lot of curiosity.

The implications of quantum computing are broad and promising. As we refine our abilities to harness and manipulate quantum phenomena, well witness quantum computers unlocking solutions to some of the worlds most complex and currently unsolvable problems.

Innovation in Multiple Industries: Quantum computing has the potential to revolutionize various industries. Pharmaceutical companies, for example, could use quantum systems to simulate and analyze complex molecular structures, leading to new drug discoveries. The financial sector could leverage quantum algorithms for better risk assessment, portfolio optimization, and fraud detection.

Improved Data Security: The prospect of quantum computers breaking current encryption methods is a cause for concern, yet it also presents an opportunity. As we advance in quantum computing, well simultaneously develop quantum-resistant encryption techniques, creating a new era of data security.

Scientific Discovery: Quantum computing promises to supercharge scientific discovery. In fields such as material science, quantum simulations can facilitate the discovery of new materials with desired properties. In climate science, it could offer more accurate climate predictions by better modeling complex systems.

While these exciting possibilities lie on the horizon, its important to remember that the quantum computing journey has just begun. Its a field ripe for exploration and innovation.

As we transition from theory to practice, from abstraction to application, quantum programming will play an increasingly central role. By learning the principles of quantum programming today, youre not only preparing for a quantum-powered future but actively participating in its creation.

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Mastering the quantum code: A primer on quantum software - SDTimes.com

What is the quantum threat and what has simple maths got to do with protecting global security? – Euronews

Q-Day is when a quantum computer so powerful is built it could break the public encryption systems. How concerned should we be?

There may come a day known as Q-Day, which will shatter global security as we know it.

It could be in a few years from now, or in 10 years or more. But scientists, mathematicians, and governments are not waiting idly by for the quantum threat to happen.

Q-Day is when a quantum computer so powerful is built, it could break the public encryption systems that protect our online conversations, bank accounts, and most vital infrastructure, wreaking havoc on governments and businesses.

How this digital doomsday would happen comes down to simple maths.

Since the beginning of the Internet, cryptography has protected our online data and conversations by hiding or coding information that only the person receiving the message can read on traditional computers.

In the 1970s, mathematicians built encryption methods that consisted of numbers hundreds of digits long. The difficulty of mathematical problems was such that it could take at hundreds of years to solve if using the right parameter size and numbers.

To break the encryption, the numbers need to be split into their prime factors, but this could take hundreds if not thousands of years with traditional computers.

The threat of codes being cracked was therefore not a big worry.

That was until 1994 when the American mathematician Peter Shor showed how it could be done with an algorithm using a then hypothetical quantum computer that could split large numbers into their factors much quicker than a traditional computer.

The quantum threat was still not a significant concern back then but it started to become an issue four years later when the first quantum computer was built.

Though that quantum computer - and those currently being built - are still not powerful enough to use Shors algorithm to decrypt the numbers, in 2015, intelligence agencies determined that the advancement in quantum computing is happening at such a speed that it poses a threat to cyber security.

At the moment, qubits, the processing units of quantum computers, are not stable for long enough to decrypt large amounts of data.

But tech companies such as IBM and Google have slowly but steadily started making progress in building machines strong enough to deliver the benefits of quantum, which include pharmaceutical research, subatomic physics, and logistics.

Its a matter of time and it's a matter of how long does it take until we have a large quantum computer to go, Dr Jan Goetz, CEO and co-founder of IQM Quantum Computers, a start-up that builds quantum computers, told Euronews Next.

If it takes 30 years to build a strong enough computer, there would be less reason to panic as most of the encrypted data might no longer be relevant.

But if someone comes up with a very clever idea and can already, do the code-breaking in 3 to 5 years, the whole situation also looks different, Goetz said.

Individuals should not be concerned by Q-Day as there are probably few people who have data that is very sensitive and will still be relevant in years to come.

Goetz said once the new technology comes, encryption codes will be updated on all computers and phones and you should not be too concerned about this because the industry will take care of this.

But governments, organisations, and businesses should be concerned by the quantum threat.

There is a concept called store now, decrypt later. It means someone could be storing the data and waiting for a quantum computer strong enough to come along and decrypt it.

Governments in particular are harvesting data from the Internet, said Dr Ali El Kaafarani, founder and CEO of quantum-safe cryptography company PQShield.

They are storing data that they can't access or read at the moment, but they can keep them there until the cryptography layer becomes weaker until they know of a way to attack it and then they break it and they read those communications, he told Euronews Next.

Governments are not standing by for that to happen and the cryptographic community are building encryption methods that can withstand the quantum threat, known as post-quantum cryptography (PQC).

This year, sometime between May and June, the final standardisation of PQC will be released by the US National Institute of Standards and Technology.

This will be a game-changer as it will be on the market for all industries.

The US legislation has mandated that the timeline to change to PQC will be from 2025 until 2033, by which time the cyber secure supply chain will have to have transitioned to using PQC by default.

In 2025, web browsers and software updates will have to become post-quantum secure by default if they are sold to the US, said El Kaafarani.

This is why some companies, such as Google Chrome and Cloudflare, have already started using PQC.

The USs PQC standards are international standards, but every country has their own guidelines governments do collaborate.

The US, UK, French government, German, and Dutch governments, among others, have all weighed in and produced whitepapers and guidelines for the industry to push them to start the transition phase to post-quantum cryptography as they understand that it is a process that will take time.

Governments take care of standardising the algorithms so that we all speak the same language, said El Kaafarani, but it is the cryptographic community that comes up with the new encryption methods that are not vulnerable against quantum computers.

Most of the cryptographic standards are developed in Europe by European cryptographers, he added, whose UK-based company had four encryption methods selected to be in the USs PQC standards.

Once developed, the encryption methods are ruthlessly scrutinised by the wider cryptographic community, governments, and everyone else who is interested in cracking the encryption methods.

Some get broken along the way. And that's the whole point of the process, is to root out the weak ones and keep them the strong ones, said El Kaafarani.

But there is no perfect encryption method or security method that can ensure that everything will stay secure forever.

Therefore cryptography is naturally an evolving field and that's why we need to keep ahead and keep an eye on how things are evolving, he said.

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What is the quantum threat and what has simple maths got to do with protecting global security? - Euronews