Archive for the ‘Quantum Computing’ Category

Cleveland Clinic and IBM Partner on HPC, AI and Quantum Computing – insideHPC

ARMONK, N.Y.andCLEVELAND Cleveland Clinicand IBM (NYSE:IBM) have announced a planned 10-year partnership to establish the Discovery Accelerator, a joint effort to advance the pace of discovery in healthcare and life sciences through the use of high performance computing on the hybrid cloud, artificial intelligence (AI) and quantum computing technologies.

The collaboration is anticipated to build a robust research and clinical infrastructure to empower big data medical research in ethical, privacy preserving ways, discoveries for patient care and novel approaches to public health threats such as the COVID-19 pandemic. Through the Discovery Accelerator,the researchers plan to use advanced computational technology to generate and analyze data to help enhance research in the newGlobal Center for Pathogen Research & Human Health,in areas such as: genomics, single cell transcriptomics, population health, clinical applications, and chemical and drug discovery.

Through this innovative collaboration, we have a unique opportunity to bring the future to life, saidTom Mihaljevic, M.D., CEO and President of Cleveland Clinic. These new computing technologies can help revolutionize discovery in the life sciences.The Discovery Accelerator will enable our renowned teams to build a forward-looking digital infrastructure and help transform medicine, while training the workforce of the future and potentially growing our economy.

The COVID-19 pandemic has spawned one of the greatest races in the history of scientific discovery one that demands unprecedented agility and speed, saidArvind Krishna, Chairman and Chief Executive Officer of IBM. At the same time, science is experiencing a change of its own with high performance computing, hybrid cloud, data, AI, and quantum computing, being used in new ways to break through long-standing bottlenecks in scientific discovery. Our new collaboration with Cleveland Clinic will combine their world-renowned expertise in healthcare and life sciences with IBMs next-generation technologies to make scientific discovery faster, and the scope of that discovery larger than ever.

Quantum will make the impossible possible, and whenthe Governor and I announced the Cleveland Innovation District earlier this year, this was the kind of innovative investment I hoped it would advance, said Ohio Lt. GovernorJon Husted, Director of InnovateOhio. A partnership between these two great institutions will putCleveland, andOhio, on the map for advanced medical and scientific research, providing a unique opportunity to improve treatment options for patients and solve some of our greatest healthcare challenges.

The Discovery Accelerator will serve as the technology foundation for Cleveland Clinics newGlobal Center for Pathogen Research & Human Health,announced last month as part of theCleveland Innovation District. The center, supported by a$500 millioninvestment from theState of Ohio, Jobs Ohio and Cleveland Clinic, brings together a research team focused on broadening understanding of viral pathogens, virus-induced cancers, genomics, immunology and immunotherapies. It will build upon Cleveland Clinics existing programs and expertise, with newly recruited world leaders in immunology, cancer biology, immune-oncology and infectious disease research as well as technology development and education. Researchers will expand critical work on studying, preparing and protecting against emerging pathogens and virus-related diseases.

The pace of progress in science historically has been limited by bottlenecks. Researchers are increasingly working to overcome these bottlenecks with the application of AI, quantum computing and hybrid cloud technologies. New technologies are enabling accelerated methods of discovery that include deep search, AI and quantum-enriched simulation, generative models, and cloud-based AI-driven autonomous labs. Leveraging these combined innovations will supercharge new generations of information technology,fuel important advances in science, and IBM will provide access to a variety of research and commercial technologies, education and tools to assist Cleveland Clinic in accelerating discovery in healthcare and life science, includingRoboRXN, a cloud-based platform that combines AI models and robots to help scientists design and synthesize new molecules remotely; theIBM Functional Genomics Platform, a cloud-based repository and research tool, which uses novel approaches to reveal the molecular features in viral and bacterial genomes to help accelerate discovery of molecular targets required for drug design, test development and treatment;Deep Search,which helps researchers access structured and unstructured data quickly; andHigh-Performance Hybrid Cloud Computingtechnologies that can enable researchers to burst their workloads into the cloud and access the resources they need at scale.

Quantum computing has the potential to have an immense impact on key healthcare challenges, such as the discovery of new molecules that can serve as the basis of new pharmaceutical breakthroughs and spur the development of new medicines and could help enhance the ability to derive deep insight from complex data that is at the heart of some of the largest challenges in healthcare.

The Discovery Accelerator will leverage IBMs multi-year roadmap for advancing quantum computing, bringing its revolutionary capabilities into the hands of scientists and practitioners in healthcare and life sciences. In addition to an on-premises quantum system, Cleveland Clinic will also have access to IBMs fleet of currently more than 20 quantum systems, accessible via the cloud. IBM is targeting to unveil its first next generation 1,000+ qubit quantum system in 2023, and Cleveland Clinic is planned to be the site of the first private-sector on-premises system.

A significant pillar of the program plans to focus on educating the workforce of the future and creating jobs to grow the economy. The 10-year collaboration plans to include education and workforce development opportunities related to quantum computing.

The innovative educational curriculum will be designed for participants from high school to professional level and offer training and certification programs in data science and quantum computing, building the skilled workforce needed for cutting-edge data science research of the future. Cleveland Clinic and IBM plan to hold research symposia and workshops with joint sessions by IBM and academic researchersfor academia, industry, government and the general public.

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Cleveland Clinic and IBM Partner on HPC, AI and Quantum Computing - insideHPC

6 Quantum Computing Stocks to Invest in This Decade – Investment U

Classical computers have served us well and they will continue to do so but breakthroughs in quantum physics are opening up new doors. Thats why Im sharing my favorite quantum computing stocks today.

Its still in the early stages and could take a while to pay off. But the list of companies below gives you some great investing opportunities. Youll find big companies shaking up the technology world. Theyre not resting on their laurels.

Ill highlight some research from each company and what excites me most. But first, itd be good to get a better understanding of this up-and-coming technology. The potential is huge

Moores Law states that the number of transistors in an integrated circuit doubles about every two years. This exponential trend has led to massive advancements in our world. In fact, its impacted every industry and all of our lives.

To help put Moores Law in perspective, a new iPhone is millions of times faster than the Apollo spacecraft when it comes to computing. Computers have become exponentially faster. This trend might be coming to an end, though

Gordon Moore and other forecasters expect that Moores law will end around 2025. Its the result of an intricate set of physics problems. And quantum computing might be the next big step forward.

Many technology companies see the potential and are investing lots of money. If their research pays off, the top quantum computing stocks could hand shareholders huge returns.

These new computers have the ability to store more information thanks to whats called superposition. Unlike traditional computers that use bits with only ones and zeros, quantum computers take it to the next level. They have the advantage of using ones, zeros and superpositions of ones and zeros. This opens up the door for solving tasks that have long been thought impossible for classical computers.

This list of quantum computing companies includes some of the largest companies in the world. They have proven business models and the resources to push quantum computing forward.

As a result, this list provides some cashflow safety for investors, while providing exposure to new technologies. So lets take a look at some of their top quantum research and projects

IBM was one of the first big movers in quantum research. And already, its deployed 28 quantum computers. Thats the largest fleet of commercial devices, and IBM has a road map to scale systems to 1,000 qubits and beyond.

The IBM Quantum Network is currently working with more than 100 partners. These partners are in many different industries and are developing real-world commercial applications. IBM also offers free access to quantum computing.

IBM is scaling these technologies and making them more accessible. This is vital for further adoption and innovation. The strategy is working, and IBM will continue to be one of the top quantum computing stocks over the coming decades.

Alphabet is one of the top quantum computing stocks to buy. Back in 2019, the company claimed quantum supremacy for the first time when its advanced computer surpassed the performance of conventional devices.

Alphabets Sycamore quantum processor performed a specific task in 200 seconds that would take the worlds best supercomputer 10,000 years. Thats a huge milestone, and the company is continuing to advance with quantum physics.

Google AI Quantum is making big strides as well. Its developing new quantum processors and algorithms to help solve a wide range of problems. Its also open sourcing some of its framework to spur innovation.

Intel is a semiconductor giant thats developing many cutting-edge technologies. And its been making quantum processors in Oregon. Furthermore, the company hopes to reach production-level quantum computing within 10 years.

Intel is on its third generation of quantum processors with 49 qubits. The company has a unique approach, advancing a technology known as spin qubits in silicon. Intel believes it has a scaling advantage over superconducting qubits.

This easily makes Intel one of the top quantum computing stocks. Buying into this company gives investors exposure to many cutting-edge technologies.

Similar to IBM, Microsoft takes a comprehensive approach to quantum computing. Its working on all the technologies required to scale commercial application.

Microsoft is advancing all layers of its computing stack. This includes the controls, software and development tools. Microsoft also created the Azure Quantum open cloud ecosystem. This helps speed up innovation.

In addition, the tech giant is making great advancements with Topological qubits. These provide performance gains over conventional qubits. They increase stability and reduce the overall amount of qubits needed. Its promising technology that should reward shareholders down the road.

Amazon Quantum Solutions Lab is helping businesses identify opportunities. Amazons experts are working with clients to better understand quantum computing. This helps them build new algorithms and solutions.

Amazon now offers quantum computing on Amazon Web Services through Amazon Bracket. This service provides access to D-Wave hardware. D-Wave is a leading quantum computing company based in Canada. Its not publicly traded, though

Overall, Amazon is continuing to disrupt many industries. And advancing quantum computing should help drive its innovation even further.

This quantum stock is the smallest on the list. It gives direct exposure to quantum computing. This makes it a higher-risk opportunity, however. Its risk-to-reward setup looks good for long-term investors, though.

Quantum Computing offers cloud-based, ready-to-run software. Its focused on creating services that dont require quantum expertise or training to use. This approach is opening the doors for more businesses to leverage the new technologies.

This company is also focusing on real-world problems such as logistics optimization, cybersecurity and drug discovery. To accomplish this, its partnering with hardware companies such as D-Wave.

The quantum computing companies above are mostly indirect plays. Their other established businesses provide the capital required to innovate. This is vital, as quantum computing is still an up-and-coming industry.

It might take a decade or more to really play out. And investing early in these technologies can lead to large returns for patient investors. Quantum breakthroughs are compounding and creating new opportunities.

Whether you buy into these top quantum computing stocks or not, well all benefit from the innovation. If you want to stay on the cutting edge of tech investing, consider signing up for Profit Trends. Its a free e-letter thats packed with useful research and tech investing opportunities. Also, here are some othertech IPOs that you might want to consider.

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6 Quantum Computing Stocks to Invest in This Decade - Investment U

Turing Award Goes to Creators of Computer Programming Building Blocks – The New York Times

When Alfred Aho and Jeffrey Ullman met while waiting in the registration line on their first day of graduate school at Princeton University in 1963, computer science was still a strange new world.

Using a computer required a set of esoteric skills typically reserved for trained engineers and mathematicians. But today, thanks in part to the work of Dr. Aho and Dr. Ullman, practically anyone can use a computer and program it to perform new tasks.

On Wednesday, the Association for Computing Machinery, the worlds largest society of computing professionals, said Dr. Aho and Dr. Ullman would receive this years Turing Award for their work on the fundamental concepts that underpin computer programming languages. Given since 1966 and often called the Nobel Prize of computing, the Turing Award comes with a $1 million prize, which the two academics and longtime friends will split.

Dr. Aho and Dr. Ullman helped refine one of the key components of a computer: the compiler that takes in software programs written by humans and turns them into something computers can understand.

Over the past five decades, computer scientists have built increasingly intuitive programming languages, making it easier and easier for people to create software for desktops, laptops, smartphones, cars and even supercomputers. Compilers ensure that these languages are efficiently translated into the ones and zeros that computers understand.

Without their work, we would not be able to write an app for our phones, said Krysta Svore, a researcher at Microsoft who studied with Dr. Aho at Columbia University, where he was chairman of the computer science department. We would not have the cars we drive these days.

The researchers also wrote many textbooks and taught generations of students as they defined how computer software development was different from electrical engineering or mathematics.

Their fingerprints are all over the field, said Graydon Hoare, the creator of a programming language called Rust. He added that two of Dr. Ullmans books were sitting on the shelf beside him.

After leaving Princeton, both Dr. Aho, a Canadian by birth who is 79, and Dr. Ullman, a native New Yorker who is 78, joined the New Jersey headquarters of Bell Labs, which was then one of the worlds leading research labs.

Dr. Ullman, now professor emeritus at Stanford University, was also instrumental in developing the languages and concepts that drive databases, the software for storing and retrieving information that is essential to everything from the Google search engine to the applications used by office workers across the globe.

The ideas cultivated by Dr. Aho and Dr. Ullman are even a part of the computers of the future. At Microsoft, Dr. Svore is working on quantum computers, experimental machines that rely on the strange behavior exhibited by things like electrons or exotic metals cooled to several hundred degrees below zero.

Quantum computers rely on a completely different kind of physical behavior from traditional computers. But as they create programming languages for these machines, Dr. Svore and her colleagues are still drawing on the work of the latest Turing winners.

We are building on the same techniques, she said.

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Turing Award Goes to Creators of Computer Programming Building Blocks - The New York Times

Draft EU proposals would see likes of UK, Israel, and Switzerland excluded from quantum and space research – DatacenterDynamics

The draft proposals would see non-EU members excluded from various Horizon research projects, primarily in the space and quantum computing fields for what the report calls duly justified and exceptional reasons of building independent European capacities in quantum computing.

In order to achieve the expected outcomes, and safeguard the Unions strategic assets, interests, autonomy, or security, participation is limited to legal entities established in member states, Norway, Iceland, Liechtenstein. Proposals including entities established in countries outside this scope will be ineligible, the draft says. Legal entities established in a member state or in countries associated to Horizon Europe that are directly or indirectly controlled by third countries not associated to Horizon Europe or by legal entities of non-associated third countries, are not eligible to participate.

The report acknowledges it is a draft and has not been adopted or endorsed by the European Commission, and will have to be discussed by members before it is officially adopted.

Any views expressed are the preliminary views of the Commission services and may not in any circumstances be regarded as stating an official position of the Commission.

The proposals have drawn criticism from the academic community. A letter from Thomas F. Hofman, President of the Technical University of Munich and the EuroTech Universities Alliance, called for the EU to adopt an inclusive approach for an innovative and prosperous Europe.

We are deeply concerned that the exclusion of aligned European countries with a long record of cooperation and excellence in research and innovation from parts of the program will have negative impacts on European institutions and their capability to develop key digital, enabling, and emerging technologies, the letter states.

Everyones shocked; weve never seen anything like this. This is not good for us, not good for the field, and not good for the EU, said Klaus Ensslin, professor of solid-state physics at ETH Zurich.

This is not in Europes interest, added Nadav Katz, a quantum physicist who runs the Quantum Coherence Lab at the Hebrew University of Jerusalem.

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Draft EU proposals would see likes of UK, Israel, and Switzerland excluded from quantum and space research - DatacenterDynamics

Global Semiconductor in Quantum Computing Market Market Size, Comprehensive Analysis, Development Strategy, Future Plans and Industry Growth with High…

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Global Semiconductor in Quantum Computing Market Market Size, Comprehensive Analysis, Development Strategy, Future Plans and Industry Growth with High...