Oxford quantum computing spinout announces $100M funding round led by Japan’s SBI

Oxford University physics spinout Oxford Quantum Circuits (OQC) recently announced the launch of Toshiko, a 32-qubit quantum computing services platform, alongside a $100-million Series B funding round led by Japan’s SBI Group’s investment arm.The company claims that Toshiko is ...

IBM brings ‘utility-scale’ quantum computing to Japan as China and Europe struggle to compete

IBM announced the completed installation of a 127-qubit quantum computing system at the University of Tokyo on Nov. 27. According to the company, this marks the arrival of the first “utility-scale” quantum system in the region.  ...

Microsoft enters $100M partnership with Canadian firm after quantum breakthrough

Canadian quantum computing firm Photonic has emerged from stealth to raise $100 million for its all-silicon quantum computing platform. Among the investors is new partner Microsoft, who will co-develop quantum networking solutions with the startup.The investment and partnership come as num ...

Quantum Blockchain Technologies Enhances Bitcoin Mining with AI-Powered Algorithms

Quantum Blockchain Technologies (QBT), a research company based in the United Kingdom, has developed artificial intelligence-powered algorithms that could significantly increase the mining winning probability of certain ASIC Bitcoin (BTC) miners, CEO Francesco Gardin said in an interview with Co ...

New research shows how brain-like computers could revolutionize blockchain and AI

Researchers from Technische Universität Dresden in Germany recently published breakthrough research showcasing a new material design for neuromorphic computing, a technology that could have revolutionary implications for both blockchain and AI.Using a technique called “reservoir computing, ...

HSBC trialing quantum-safe financial transaction network in the UK

London–based HSBC, the eighth-largest bank in the world, will conduct a series of trials and experiments utitlizing quantum encryption technology in collaboration with Amazon Web Services, BT and Toshiba.HSBC is the first bank to commit to trials on the new quantum “metro” network, a secur ...

Researchers demonstrate ‘unconditionally secure’ quantum digital payments

The dream of a completely secure, unhackable, absolutely private digital payment system could soon be realized thanks to new research out of the University of Vienna. In a paper published on July 4 titled “Demonstration of quantum-digital payments,” a team of researchers at the Vienna Cent ...

History of computing: From Abacus to quantum computers

From the earliest mechanical devices to the most advanced quantum computers of the present, the history of computing is a fascinating trip spanning thousands of years. Let’s explore the significant turning points in computing history, starting with the abacus and progressing through q ...

UK to get ‘early or priority access’ to AI models from Google and OpenAI

British Prime Minister Rishi Sunak recently announced that Google DeepMind, OpenAI and Anthropic — three tech outfits widely considered the global industry leaders in generative artificial intelligence (AI) technologies — have agreed to provide the United Kingdom with early access to their AI mod ...