IBM QUANTUM COMPUTING
German startup NVision shows new path to quantum computing chips in Nature paper
Startups and tech giants such as Microsoft and IBM alike are racing to build quantum computers that hold the promise of solving problems that would take conventional machines thousands of years. But NVision, which has raised more than $155 million in funding from firms such as Abbott Laboratories, made the discovery published on Wednesday while working in an entirely different field: improving medical devices.
QClairvoyance's quantum chemistry bet: Transitioning from research to pharma partnerships
QClairvoyance Quantum Labs has performed chemically precise simulations of eight small molecules on an actual quantum computer, marking progress towards drug discovery applications.
IBM executive warns of risk of quantum computing hacks
Organisations are unprepared for the risks posed by quantum computing, IBM's Europe and Africa vice-Wednesday, referring to the high-speed technology that could crack security encryptions and enable large-scale cyberattacks. I would say less than 10 percent today," Curioni said on the sidelines of a London conference organised by the American technology pioneer.
UPI MDR rollout pushed; India’s first quantum computer coming soon
Happy Wednesday! The implementation of MDR on select UPI payments has been deferred beyond Diwali. This and more in today’s ETtech Morning Dispatch.
IBM to deploy India’s first quantum computer in Amaravati early 2027
The facility will focus on developing practical applications for quantum computing and helping Indian enterprises prepare their IT infrastructure for post-quantum cryptography.
India at defining moment, unique opportunity to shape exponential tech like AI: IBM India & South Asia MD
Indian enterprises stand at the threshold of transformation through AI and automation, with IBM emphasizing the crucial blend of real-time data and trust in these evolving systems. The ongoing collaboration with MeitY Startup Hub seeks to propel deep tech innovation among startups in India, fostering local technological excellence and offering access to vital mentorship and resources.
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Piyush Goyal woos top US companies for investment
Commerce and Industry Minister Piyush Goyal has met various US firms in New York to discuss investment potential. Meetings included representatives from Blackstone, Neuberger Berman, and The Estee Lauder Companies, focusing on manufacturing and beauty markets. Discussions with IBM's CEO involved strengthening collaboration in AI and quantum computing technologies. Goyal also engaged with General Atlantic and AIA Group to explore opportunities in financial services and insurance sectors.
Piyush Goyal takes India investment pitch to AIA, MetLife, IBM and General Atlantic
Commerce Minister Piyush Goyal promoted India as an investment destination during meetings with leading global firms. He highlighted the country's regulatory reforms and demand for services, especially in the insurance sector. Goyal met with executives from AIA Group, MetLife, General Atlantic, and IBM to discuss growth opportunities. He emphasized the importance of India's technology talent pool for future collaborations.
PM Modi asks semiconductor CEOs to step up industry participation in next phase of India’s growth
Prime Minister Narendra Modi urged India to lead in emerging technologies. He assured industry leaders of a predictable and responsive policy environment. The government is committed to fostering innovation and skilling for future growth. CEOs expressed confidence in India's semiconductor sector potential. They pledged contributions to making India a global technology hub.
STEM pool helps Amaravati host India's first IBM quantum system
Speaking at an event in the US, Krishna said quantum computing is approaching an inflection point and could deliver "massive commercial advantage" within the next two to three years across industries including pharmaceuticals, materials science, financial services, logistics, cybersecurity and artificial intelligence. "We have put in one quantum computer that is going to go into Amaravati, and that is an agreement with the state there and with the national government," Krishna said,
IBM to set up one of India's first quantum computers in Amaravati by September 2026
Amaravati is set to become a major hub for quantum computing in India, with IBM announcing plans to install one of its advanced quantum systems there by September 2026. This move, driven by India's strong talent pool, aims to unlock significant commercial advantages across various sectors. The initiative aligns with Andhra Pradesh's vision to establish itself as a leading quantum technology center, fostering research and innovation.
Microsoft's quantum computing technology called into question, again
A new scientific critique in Nature casts doubt on Microsoft's quantum computing claims, potentially impacting its 2029 target. While rivals pursue established methods, Microsoft's long-term bet on a novel technology faces renewed skepticism. The company maintains its research is progressing practically, despite past retractions and current concerns over identifying a crucial subatomic particle and a minute gap in conductive wires.
IBM plans $10 billion investment for large-scale quantum computer by 2029
The investment will go toward R&D, capital expenditures, scaling manufacturing capabilities and acquisitions, the company known for building the Watson supercomputer said.
IBM stock, Rigetti Computing RGTI shares jump big thanks to quantum computing grants. All about big move by Trump Administration
IBM Stock: The Trump administration is awarding $2 billion in grants to nine quantum-computing companies in deals.
IBM says 'Loon' chip shows path to useful quantum computers by 2029
Quantum computers could someday solve problems that would take classical computers thousands of years. But due to the uncertain nature of quantum mechanics, the chips are prone to errors.
IBM says key quantum computing error correction algorithm can run on conventional AMD chips
IBM said on Friday it is able to run a key quantum computing error correction algorithm on commonly available chips from Advanced Micro Devices.
IBM stock rises over 5% after quantum computing trading trials with HSBC - what's the experiment all about?
IBM and HSBC tested quantum computers for bond trading and saw better prediction results. The experiment showed quantum technology can make trading faster and more accurate in European markets. IBM stock rose after the news, while HSBC highlighted how this breakthrough could give financial markets a real advantage using quantum computing and advanced trading models.
IBM aims to debut Andhra quantum computer by March 2026
IBM will open a quantum computer in Amaravati’s Quantum Valley Tech Park by March 2026, featuring a 156-qubit Heron processor. Partnering with TCS, IITs, and India’s National Quantum Mission, IBM aims to boost India’s quantum ecosystem.
IBM unveils quantum processor and bold starling supercomputer plan for 2029, stock prices soar
IBM is set to revolutionize computing with its ambitious plan to build the world's first large-scale, fault-tolerant quantum computer, 'Quantum Starling,' by 2029. This initiative, driving IBM's stock gains, involves creating a series of bird-themed processors and adapters.
IBM claims 'real world' edge in quantum computing race
Technology veteran IBM on Tuesday laid out a plan to have a "practical" quantum computer tackling big problems before the end of this decade. The company's "Starling" quantum computer, targeted for completion in four years, will serve as the foundation for a next-generation machine ready by 2033 that will be dramatically more powerful in terms of the complexity of the problems it can tackle.
IBM, TCS team up for India’s most advanced quantum hub
The companies will install IBM’s most advanced quantum computer, IBM Quantum System Two with a 156-qubit processor, at the Quantum Valley Tech Park in Amaravati, Andhra Pradesh. A quantum computer uses the principles of quantum mechanics to process information, enabling it to solve certain complex problems that traditional binary computers cannot handle efficiently.
Forget AI, quantum computing stocks could mint the next wave of millionaires; here are 2 stocks ready to explode in 2025
Quantum computing is expected to grow rapidly in the coming years. Alphabet and IBM are leading in this technology. Alphabet's new Willow processor and IBM's quantum chip, Condor, are significant advancements. Both companies might offer good investment opportunities as quantum computing evolves into a major industry.
India has the second-highest open access quantum computing users after US, says IBM executive
In an interview to ET, Jay Gambetta, vice president of IBM Quantum, said he saw big opportunities for India to become a pioneer in quantum computing in use cases as varied as sustainability and green hydrogen, efficiency of CO2 recapture process or nitrogen in agricultural yield and logistics.
IBM shows new quantum computing chip, targets 2033 for large systems
On Monday, IBM showed what it says is a new way of connecting chips together inside machines and then connecting machines together which, when combined with a new error-correction code, could produce compelling quantum machines by 2033.
India aims to leapfrog in quantum technology with industry's help: MoS IT
Rajeev Chandrasekhar, along with Sandip Patel, managing director, IBM India and Tom Rosamilia, senior vice president, IBM Software, also unveiled a white paper on quantum technology.
IIT-Madras becomes first Indian institution to join IBM Quantum Network
Researchers from IIT-Madras will work on research in the application of quantum computing with support from IBM Research India across domains.
IBM says quantum chip could beat standard chips in two years
IBM said that its "Eagle" computing chip has 127 so-called "qubits," which can represent information in quantum form. Classical computers work using "bits" that must be either a 1 or 0, but qubits can be both a 1 and a 0 simultaneously.
IIT Madras to collaborate with IBM on quantum computing
The collaboration would provide IIT Madras faculty, researchers, and students access to IBMs quantum systems and tools over IBM Cloud
How India is contributing in development of new-age computers
Whoever develops the new-age computer, which has the ability to do an extraordinary amount of calculations simultaneously, will have the edge to dominate our information age. We have been laggards for decades but with increased funding, India is fast playing catch-up.
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