QUANTUM ERROR
These 11 private and public banking stocks have an upside of up to 33% in 1 year, according to analysts
It is too early to read a lot into the divergence seen in the stock price movements of private and PSU banks on Tuesday. Neither can it be said with any certainty that it had anything to do with FII buying. Against this background, remember: For any investor interested in the banking sector, the price movements should matter less than what the overall Q2 performance of both private and PSU banks reveals.
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.
These 7 banking stocks have an upside potential of up to 28% in 1 year, according to analysts
If FPI selling returns to the levels seen in April and May, financial sector stocks are the ones likely to be hit the most. This would be irrespective of how the fundamentals are for the industry. The reason is simple: Higher ownership by institutional investors, especially FPIs. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components, earnings, fundamentals, relative valuation, risk, and price momentum, to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members.
These 7 private and public banking stocks have an upside of up to 25% in one year, according to analysts
Thanks to the US-Iran conflict, the economy has been dealing with higher oil prices for close to seven months. And if inflation starts to creep up, its impact will be felt by many businesses, and banking would be no different.
Quanfluence raises $10 million to build full-stack photonic quantum computer
The company plans to use the fresh capital to develop and launch a four-qubit quantum computer in the near term, while targeting a larger prototype with around 100 qubits by 2029, cofounder and CEO Sujoy Chakravarty told ET.
Higher EPF wage ceiling expands social security for millions; but EPS legacy issues need to be fixed
The recent adjustment to the Employees' Provident Fund wage ceiling significantly widens eligibility for benefits, raising the contribution limit from Rs. 15,000 to Rs. 25,000. This revision aims to enhance social security, but it might pose complexities for pension contributions. Employees should verify the accuracy of their EPS records to prevent issues, as the swift rollout of the new ceiling could lead to unforeseen challenges.
These large-, mid- & small-cap stocks can give more than 20% return in 1 year, according to analysts
Oil prices are still up, and so are bond yields, both in the US and in other major markets. And fresh troubles seem to crop up somewhere or the other in the world. That is the reality, and there is no use pretending otherwise. The fact remains that we are living in a world where there is a readjustment taking place. And that is always painful.
A 1,000x computing speed boost could make quantum machines more reliable by tackling one of their biggest problems; here’s how
Swedish researchers have developed a new technique for quantum operations. This method performs certain advanced operations over a thousand times faster. It significantly reduces the time needed for complex quantum calculations. This breakthrough could make quantum computers more reliable and less prone to errors. Experimental testing is now planned to confirm these theoretical findings.
GFF 2026: FM Sitharaman on India’s tech leap, demographic dividend, AI risks and road to global scale
Global Fintech Fest: Sitharaman said that India was experiencing its demographic dividend in real time, with the country’s young population increasingly translating its potential into economic momentum.
RBI Deputy Governor Rohit Jain flags speed, concentration and opacity as fintech risks; says technology must serve customers
RBI Deputy Governor Rohit Jain warned financial institutions and fintech firms that rapid adoption of emerging technologies brings risks around speed, concentration and opacity. He said institutions must ensure technology works fairly, reliably and safely for customers, while retaining responsibility for outcomes even when computing, cloud infrastructure or models are outsourced.
Canada to loan quantum startup Xanadu $140 million to build manufacturing plant
Experts have long touted quantum computers' potential to solve problems regular computers cannot and speed up scientific discoveries, but the technology remains error prone because of its extreme sensitivity to any disturbances including sound.
Nvidia launches open-source ‘Ising’ AI models to tackle quantum computing bottlenecks
Firms such as IBM, Google and Microsoft are building quantum hardware and software stacks, while startups like IonQ are focused on specialised systems. However, all players face a common challenge — making quantum computers stable enough for real-world use.
Amazon launches Ocelot: Quantum computing chip claims to cut slash error correction costs by 90 per cent
Amazon Web Services (AWS) has launched Ocelot, its first quantum computing chip, designed to revolutionise error correction in quantum computing. Using ‘cat qubits’ to reduce computational errors, Ocelot could cut error correction costs by up to 90 per cent. This strengthens AWS’s position in the race to develop fault-tolerant quantum computers.
Finding solace in quantum computing
Google's new quantum chip, Willow, reduces errors as complexity increases, potentially revolutionizing computing. While it doesn't immediately impact generative AI's profitability struggles, Willow's improved architecture is a significant step towards commercially viable quantum computing. However, further development is needed before quantum computing significantly influences AI's trajectory.
Is it getting more difficult for humans? Google says its new quantum chip is more powerful than the world's fastest super computer; here's what Willow can do
Google's latest quantum chip, Willow, is making headlines for achieving computational feats previously deemed impossible.
Google introduces Willow quantum chip, Sundar Pichai says it can solve complex problems in 5 minutes
Google's new Willow quantum chip achieved a milestone, solving a problem in five minutes that would take the world's fastest supercomputers septillions of years. This breakthrough, using a benchmark algorithm, highlights Willow's advanced quantum error correction and superior speed, exceeding Google's 2019 claims.
Google announces quantum computing chip breakthrough
A custom chip called "Willow" does in minutes what it would take leading supercomputers 10 septillion years to complete, according to Google Quantum AI founder Hartmut Neven. "We see Willow as an important step in our journey to build a useful quantum computer with practical applications in areas like drug discovery, fusion energy, battery design and more," said Google CEO Sundar Pichai on X.
Google achieves quantum error correction milestone: Sundar Pichai
Google has achieved an experimental milestone of scaling a logical qubit, demonstrating for the first time that it's possible to reduce errors by increasing the number of qubits, its CEO Sundar Pichai has said.
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