Category Archives: Quantum Computer
Quantum: The Tech Race Europe Can’t Afford to Lose – PR Newswire
PARIS, Aug. 25, 2022 /PRNewswire/ -- Investments in quantum reached all-time record highs in 2021 and are predicted to continue rising significantly, with multiple existing industries set to benefit and new industries likely to be created. Boston Consulting Group (BCG), one of the world's leading management consulting firms, today published new research highlighting the scale and pace of global quantum computing, titled, Can Europe Catch Up With the US (and China) in Quantum Computing?
While the US is a clear frontrunner on quantum computing patents, venture capital, and volume of talent, the BCG report finds that the EU currently leads the way in terms of public investment. However, the EU lacks a coherent plan of action to coordinate individual Member State activities, has an underdeveloped private capital market prepared to invest in late-stage quantum businesses, and is not developing sufficient quantum computing talent to meet anticipated demand. BCG's report highlights that the US currently has between two and three times more quantum talent in the business world than does the EU.
Without urgent action, the report shows, the EU risks repeating mistakes made in the semiconductor industry. Europe, together with the UK and China, is currently well-positioned in a trio of pursuers that are chasing the US (see exhibit). The EU is among leaders in public action in quantum and has put in place plans such as the Quantum Flagship, coordinating research efforts across multiple industries, and running pilot educational projects to give a direction to the developing ecosystem.
So what does the EU need to do to avoid repeating the mistakes it made more than a decade ago in failing to scale a continental semiconductor industry?
"The EU has all the ingredients needed to succeed in the quantum race but needs to rapidly develop and deliver a comprehensive plan to turn potential into action," says Franois Candelon, a managing director and senior partner at BCG, and coauthor of the report. "Europe's history when dealing with tech revolutions has too often been characterized by early promise, failure to scale at critical moments, and then an expensive attempt to catch up. Policymakers need to learn those lessons fast. The good news is that the window is still open to create and execute a European strategy, building public and private capital powerhouses to invest in and scale European universities' ability to train the next generation of quantum experts."
An Action Plan for Europe
BCG's report maps an action plan for Europe to maintain quantum sovereignty:
Quantum Sovereignty
The COVID-19 crisis highlighted Europe's capability to design and manufacture at scale new vaccines that proved essential to controlling the impact of the pandemic on the continent. Conversely, the lack of in-house European manufacturing capabilities for advanced semiconductors showed its dependence on a global supply chain. According to BCG estimates, the chip crisis prevented the production of around 10 million vehicles, which was particularly impactful for Europe, home to major automobile manufacturers.
Quantum will impact multiple industries central to a country's competitiveness and sovereignty such as aerospace, defense, pharma, and chemicals. If Europe wants to maintain its global relevance as well as self-sufficiency in key economic areas, it must ensure access and master quantum capabilities in all stages of the supply chain, from R&D to manufacturing and end applications.
Download the publication here: https://www.bcg.com/publications/2022/can-europe-catch-up-in-quantum-computer-race
For more information, please contact Brian Bannister at +44 7919 393753 or[emailprotected].
About Boston Consulting GroupBoston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we work closely with clients to embrace a transformational approach aimed at benefiting all stakeholdersempowering organizations to grow, build sustainable competitive advantage, and drive positive societal impact.
Our diverse, global teams bring deep industry and functional expertise and a range of perspectives that question the status quo and spark change. BCG delivers solutions through leading-edge management consulting, technology and design, and corporate and digital ventures. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, fueled by the goal of helping our clients thrive and enabling them to make the world a better place.
SOURCE Boston Consulting Group (BCG)
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Quantum: The Tech Race Europe Can't Afford to Lose - PR Newswire
Cyber Week in Review: August 26, 2022 – Council on Foreign Relations
Facebook and Twitter take down pro-Western influence campaign
Facebook, Instagram, WhatsApp, Twitter, and Telegram disrupted a pro-Western influence campaign focused on promoting U.S. interests abroad, according to a report from Graphika and the Stanford Internet Observatory. The accounts used in the influence operation targeted the Middle East and Central Asia, frequently criticized Russia over the war in Ukraine, and often shared content from U.S. government-affiliated news outlets such as Voice of America and Radio Free Europe. Some of the accounts appear to be part of the Trans-Regional Web Initiative, a propaganda operation run by U.S. Special Operations Command active for over a decade. The campaign is the first publicly known, U.S.-run influence operation on social media. The campaign does not appear to have been very effective, as most posts received only a handful of likes or retweets, and only 19 percent of accounts had more than one thousand followers.
Ransomware gang attacks UK water organization
The ransomware gang Cl0p said it had infected a major water treatment company, South Staffordshire Water, in the United Kingdom. Cl0p first infected the systems of South Staffordshire on August 15, although there was some initial confusion as the gang believed it had compromised the systems of a larger utility, Thames Water, which serves most of southeast England. Cl0p did not deploy ransomware on the network, citing ethical concerns, but instead stole data and threatened further consequences unless a ransom is paid. The hackers may have gained access to the industrial control systems of South Staffordshire. Attacks on water systems have become increasingly common in recent years, and in some cases these attacks could have caused active harm to civilians.
Lloyds of London Excludes State-Sponsored Cyberattacks from Insurance
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Lloyds of London, a major insurance market in England, announced that it will not allow insurers to cover catastrophic cyberattacks perpetrated by nation-states as of March 31, 2023. Lloyds currently defines a catastrophic cyberattack as an attack that will significantly impair the ability of a state to function or... that significantly impairs the security capabilities of a state. While some have praised the move to greater clarity on what will not be covered, others have noted that that Lloyds standard of catastrophic is vague and that cyberattacks are often difficult to attribute to a specific nation-state conclusively. In recent years, insurance companies have grappled with how to address major cyberattacks, and, in December 2021, Lloyds announced the exclusion of nation-state-led attacks from policies held in a small subset of countries, China, France, Japan, Russia, the United Kingdom and the United States, although it appears this exclusion has not been tested yet.
Former Twitter head of security turns whistleblower
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Twitters former head of security Pieter Zatko, also known as Mudge, filed a whistleblower complaint against the company earlier this week. Zatko made a series of claims about the state of Twitters security, including that Twitter unknowingly employs agents of foreign nations, deleted data may still be accessible, and that the loss of a few key data centers could permanently take down the entire site. Zatko also alleged that Twitters security practices violated an agreement with the Federal Trade Commission that prohibited Twitter from misleading user about its security or privacy practices. Zatko, who developed L0phtCrack in 1997, a password-recovery tool still in use in an updated form today, is well-respected in the cybersecurity community for his work over the past three decades. Zatkos disclosures will likely affect the court case between Twitter and Elon Musk over whether the tech entrepreneur can back out of his bid to buy the company without significant penalty, although experts are divided as to whether Zatkos disclosures will help or hurt Twitter.
Baidu unveils first quantum computer
Chinese internet company Baidu announced it had built its first quantum computer on Thursday this week. The computer, dubbed Qianshi, has a ten qubit processor, significantly behind Googles Sycamore at fifty four qubits, and Zuchongzi from the University of Science and Technology of China at sixty six qubits. Baidu said that it had also developed a thirty six qubit processor, although it appears that processor has not been used yet. Quantum computing has been a major research focus for China, the United States, and European Union in recent years, as each country has poured billions of dollars into research on quantum computing. The Biden administration recently announced a series of initiatives aimed at growing quantum research in the United States.
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Cyber Week in Review: August 26, 2022 - Council on Foreign Relations
Briefing On Vitalik Buterins Long-Term Vision for The Ethereum Blockchain – Cryptopolitan
If you spend any time online, youve undoubtedly heard about Ethereum. Just as a reminder, Ethereum (ETH) is a decentralized blockchain platform. It can be used by anyone to create digital technology. Software developers are able to build applications in finance, advertising, identity management, gaming, and web browsing, to name a few. Ether is the cryptocurrency that fuels the network it allows it to operate. Like Bitcoin, Ether can be used for payments. There are so many companies that accept ETH, so you can spend your Ethereum anywhere. Ethereum brings real value.
Ethereum helps create a decentralized computer, which makes possible smart contracts and DApps. Smart contracts are special kinds of programs that run when predetermined conditions are met. They operate based upon an if, then logic. The apps run according to the given instructions, so theres no chance of latency, restriction, deceit, or third-party interference. DApps, also called decentralized applications, exist on the peer-to-peer network of computers. More often than not, theyre accessible via traditional web browsers such as Google Chrome and Firefox.
As opposed to Bitcoin, which has a limited scripting language, ETH runs on Solidity, which creates machine-level code and incorporates it within the Ethereum Virtual Machine. Its similar in nature to C++ and pretty simple to learn. The Ethereum blockchain is capable of executing code of unmatched complexity. Ethereum 1.0 was an attempt to build a world computer. Ethereum 2.0 will be the world computer. It may subsume the functions of the Internet as we know it. What is certain is that the Merge will make a difference as regards the Ethereum ecosystem (and more than that).
At the time of the launch, Ethereum was one of the most formidable projects in the crypto space. Vitalik Buterin and his supporters wanted to change how the Internet works. Many argue that Ethereum is the Internets next step. Ethereum 2.0, the upgrade to the blockchain network, will improve the speed, efficiency, and scalability of the network. ETH will be used by more and more people. The transition to the Ethereum 2.0 world has been slow, though. In spite of this, adoption is still growing. Compared to other cryptocurrencies, the transaction volume is higher.
For the time being, the priority is to address the restrictions of proof-of-work. The platform is moving to the proof-of-stake consensus mechanism, which promises to use less energy (approx. 99% less) and help reach 100 000 transactions per second. Validators are chosen based on the number of tokens they possess. Those who spend money on coins practically invest in the networks continued success. Validators cant corrupt the system, as proof-of-stake has checks and balances in place to prevent this from happening.
Theres so much traffic on the Ethereum blockchain, and this overload can result in high transaction fees. The solution to this problem is simple: layer-2 chains. Chains like Polygon complete more transactions per second with lower gas fees. Speaking of which, Polygon is the most widely adopted layer-2 solution for ETH. It processes transactions outside the mainnet, which explains the increased throughput. In case you didnt know, Ethereums layer-2 solutions fall under several categories, namely channels, plasma, sidechains, rollups, and validium. Many of them are undergoing research, testing, and implementation.
As highlighted by Vitalik Buterin, soon enough, Ethereum will be run on a full node using lighter hardware. A single piece of client software will be enough to run a full node. When a transaction is added to the blockchain network, the full node validates the transaction and ascertains it complies with the Ethereum specification. The full node prunes its blockchain to save disk space. Thus, full nodes dont store data back to genesis. Most laptops are eligible for being full nodes. The more nodes in existence, the more unlikely it is for a cyberattack to succeed.
Cryptocurrencies achieve decentralized security and trust. Cryptography is the pillar of cryptocurrency processing. Encrypted information that is transmitted with an algorithm can be deciphered by a quantum computer, so threat actors can intercept that information. Quantum-resistant cryptography can protect data from threats down the road. Vitalik Buterin is looking ahead into the future and plans to upgrade the Ethereum platform for quantum resistance. Its believed there are several years ahead until ETH will experience a threat to its current cryptographic signatures, but its better to be safe than sorry.
Ethereum wont hide from quantum computers, so dont rush to sell your Ether just yet. Try to imagine what it will become in the future. Wise investors dont sell their coins. Quite the opposite, actually. They withdraw liquidity from exchanges like Binance, which has a positive effect on the Ethereum price. Getting back on topic, competitions are constantly organized for researchers to standardize new cryptographic protocols that protect against quantum attackers. Better protocols are needed for improving zero-knowledge proofs. The Ethereum Virtual Machine generates zero-knowledge proofs to guarantee the correctness of programs. ZPK systems can be post-quantum secure.
Given the current and planner improvements to the Ethereum blockchain, Ethereum might well become the dominant chain as far as transaction volumes are concerned. As the platform increases its efficiency, it might work alongside multichain technologies. The emergence of a highly competitive ecosystem will enable ETH to expand its capacity and allow for remarkable results. The one wont replace the other, that is for sure. Down the line, there will be more vertically focused blockchains for specific use cases, including healthcare and gaming.
All in all, Ethereum is working towards solving its problems. As businesses get funded via Ether, an ever-increasing number of people will become familiar with the digital asset. Startups that have raised money through an ICO will end up surviving in the long term and help promote the mainstream adoption of cryptocurrencies. Well just have to wait and see what the future holds for ETH. Good things dont come easy.
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Briefing On Vitalik Buterins Long-Term Vision for The Ethereum Blockchain - Cryptopolitan
Israel aims to build its own upgradable quantum computer
Israel has selected a group of companies to help deliver a functioning quantum computer for the nation's commercial and research communities.
The Israel Innovation Authority announced a total budget of 200 million Israeli new shekels ($58 million), of which half is being allocated for the establishment of a Quantum Computing Center, which will be part of the Israel National Quantum Initiative (INQI).
The center is anticipated to be operational within 12-18 months, initially with a quantum system operating with "over 50 qubits."
In a statement, Israel's Minister of Innovation, Science and Technology Orit, Farkash Hacohen, said the establishment of the Quantum Computing Center will constitute a significant leap forward in Israel's civil and technological resilience as well as promoting Israeli industry.
Leading the quantum computing project is Quantum Machines, a Tel-Aviv-based startup that focuses not on trying to build quantum processors itself, but on developing the hardware and software infrastructure required to operate quantum systems.
Also included in the consortium of companies involved is Elbit Systems, an Israeli defense electronics company, with Netherlands-based QuantWare providing superconducting Quantum Processing Units (QPUs), ColdQuanta adding its quantum computing technology based on chilled atoms, and ORCA Computing bringing its photonic quantum memory technology.
The system will thus include three different quantum processing technologies initially.
Other consortium members include Germany-based ParTec AG, which is supplying high-performance computing (HPC) infrastructure plus services for the integration of HPC and quantum computing, while quantum development tools and benchmarking software are to be provided by Classiq and Super.tech.
Quantum Machines said that its technology, the Quantum Orchestration Platform, will form a key part of the INQI system. The actual quantum computer itself will allow for the use of a variety of qubit technologies, with a component-based approach enabling parts of the system to be upgraded to future quantum technologies.
This strategy is intended to ensure that the quantum computer developed for the INQI can be updated to keep it at the cutting edge as quantum technology continues to advance, rather than locking in technology decisions made today.
"The open architecture approach that Quantum Machines and our world-leading partners in the consortium enable, will ensure compatibility with the quantum technologies of the future," said Quantum Machines co-founder and CEO Itamar Sivan.
He added that the aim was to allow the center's quantum computer to scale from tens of qubits today to potentially hundreds and thousands of qubits over the next few years.
"Our goal is to give Israeli companies access to the most advanced quantum technologies and services so that they can develop deep quantum expertise across industry and academia. This expertise will allow Israeli companies across a broad range of sectors and industries to gain a leading global position," Sivan said.
Matthew Brisse, research vice president at Gartner, told us via an emailed statement: "We will see more of this as quantum begins to impact global business and national security from a defensive, offensive and the potential for technological advantage. An example last May, the White House issued a National Security Memorandum on Promoting the United States Leadership in Quantum Computing while Mitigating Risks to Vulnerable Cryptographic Systems."
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Israel aims to build its own upgradable quantum computer
What is Quantum Computing and How Can it Help Mitigate Climate Change? – EARTH.ORG
Quantum Computing refers to a new form of computation based on quantum physics. It is expected to outperform classical computers in processing data and deriving optimisation from it. This technology can be widely adopted in the environmental sector, including enhancing the performance of energy sources and optimising urban planning.
The classical computers that we use in our daily lives are beneficial to the development of humanity. Yet, these are being slowly substituted by increasingly sophisticated machines.
One problem that classical computers are so bad at solving is optimisation. For instance, how many possible combinations are there to configure the seats of 10 people around a table? The answer is 10, equivalent to about 3.6 million combinations. When the number of seats keeps increasing, the number of possible combinations multiplies. In order to find the optimal arrangement of the seats, we first need a list of criteria that determines the optimal arrangement. However, the most energy- and time-consuming part is that the classical computers need to simulate each combination to generate a result. Depending on the scale of the data, it may take an extremely long time for classical computers to generate a result. Yet, quantum computers have the potential to solve problems in just minutes.
The basic unit of information for classical computers is called a binary digit also commonly known as bit. A bit is either 1 or 0. If there are two bits in a row, there will be four possible combinations 00, 01, 10, and 11. Therefore, classical computers need to simulate four times to generate a result.
On the other hand, the basic unit of information for quantum computers is called a qubit. A qubit is not either 1 or 0. Instead, it exists in a superposition of 1 and 0. In other words, it is simultaneously a 1 and a 0. Therefore, two qubits in a row are in a superposition of four states 00, 01, 10, and 11. Why is it revolutionary? Well, being in a superposition of all states suggests that, theoretically, quantum computers are only required to simulate once to generate a result. It only takes a few attempts to find the optimal arrangement of 10 seats within more than 3.6 million combinations.
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Quantum computing can be adopted in any field that requires optimisation; it can be about enhancing the performance of an energy source as well as about developing a smart city where the consumption of energy is minimised.
One example is the quadratic assignment problem (QAP), a mathematical problem that classical computers perform badly. Suppose there are n of facilities and n of locations, and you are required to configure one facility in each location to minimize the consumption of energy. Logically, if we need to transport frequently a lot of goods between two facilities, we would like to place them closer, and vice versa. A study has compared the performance of a quantum computer and a classical computer in solving the quadratic assignment problem by giving them data from 20 facilities and locations. As a result, the quantum computer generated an accurate answer in about 700 seconds whereas the classical computer failed to do so within the time limit of 12 hours. This study demonstrates the huge potential of quantum computing to optimize urban planning to minimize the consumption of energy.
In addition to its functions, quantum computing by itself is an environmentally friendly technology. According to a study jointly published by NASA, Google, and Oak Ridge National Laboratory, a quantum computer required only 0.002% of the energy consumed by a classical computer to perform the same task. The energy consumed by computers is enormous; not including the energy consumed by normal peoples computers and smartphones, data centres themselves already account for more than 1% of global electricity. If data can be stored in terms of qubits, we can save up a huge amount of energy.
The worlds most powerful quantum computer now is the Eagle, developed by the International Business Machines Corporation (IBM) with a capacity of 127 qubits. However, scientists suggest that quantum computers are not commercially useful if their capacity does not reach at least 1,000 qubits. The slow development of quantum computers is mainly due to the technical difficulties in building them.
Scientists are required to manipulate particles as small as electrons in order to make qubits. Electrons need to be maintained in coherence, meaning the state in which the waves of the electrons can coherently interfere with each other. Yet, electrons are highly sensitive to the outside environment, like noise and temperature. Therefore, the manufacturing of qubits is usually done in an isolated environment from the outside world that runs at near absolute zero. Since the movement of atoms is at their lowest state of energy at absolute zero, keeping the electrons at such a temperature helps them to be stable and less affected by the outside environment. This is a way to mitigate the occurrence of decoherence. Yet, we still do not have a clear method to correct decoherence when it occurred because exterior interference may destroy the remaining coherence of other electrons.
Although quantum computing is still at the stage of development, we have already witnessed an enormous improvement in this field since its birth as a theory in the 1980s. Quantum Computing may be the next greatest advancement in humanity, from developing medicines for different incurable diseases by tracking the molecular data of human bodies that classical computers cannot do, to optimising the energy efficiency of cities, countries, and even the world.
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What is Quantum Computing and How Can it Help Mitigate Climate Change? - EARTH.ORG
Wall Streets top analysts say these are their favorite stocks right now – CNBC
Uncertainty was a key theme in the past week as the summer rally seemed to run out of steam.
As tempting as it is to follow the day-to-day movements of the market, investors would be better served to think long term and pick their stocks accordingly.
Here are five stocks chosen by Wall Street's top pros, according to TipRanks, a platform that ranks analysts based on their performance.
Computer technology firm IonQ (IONQ) has progressed significantly through the second quarter of this year, according to a recent research report from Needham analyst Quinn Bolton.
Important contracts, reinforced guidance for the full year, and other key developments were made in the second quarter. (See IonQ Earnings Date & Reports on TipRanks). Earlier this year, IonQ also launched its 32-qubit quantum computer, Aria.
Bolton notes that the company's strong balance sheet "should enable them to reach broad quantum advantage and become a positive cash flow generator without having to raise additional capital." Given the current market conditions and high cost of borrowing, this is good news.
The analyst also believes that the Aria 32-qubit will help IonQ achieve consistent system scaling and revenue bookings. Also, encouraged by the company's competitive edge provided by its trapped ion approach to quantum computing, Bolton believes that IonQ stands to benefit from the increasing popularity of the quantum industry and the growing investments being made to boost it.
Bolton reiterated a buy rating on IonQ with a price target of $9.
Bolton has a No.1 position among more than 8,000 analysts tracked on TipRanks. He has also had 73% success with his ratings, generating an average return of 45.2%.
Cyxtera (CYXT) is a provider of data center colocation and interconnection services for service providers, enterprises and government institutions. The company, like most of its peers in the tech sector, has been suffering from a challenging macro environment.
Moreover, in its recent second-quarter report, Cyxtera lowered its full-year 2022 guidance after factoring in foreign exchange headwinds, macroeconomic setbacks, delays in the implementation of its new Northern California data center and unfavorable timing for certain cost recoveries. (See Cyxtera Blogger Opinions & Sentiment on TipRanks).
However, RBC Capital analyst Jonathan Atkin pointed out a few upsides to the company's growth, which indicates that the CYXT stock can be a compelling buy for the longer-term.
The most important secular growth driver, according to Atkin, is the growing demand for data and connectivity as new technology and associated applications start rolling out. Additionally, the analyst also mentioned "rapid growth in IT outsourcing, data usage, and cloud and hybrid growth as enterprises realize digital transformation goals" as other positive factors.
Although current market conditions and operational environment prompted Atkin to decrease his price target to $14 from $16, he reiterated a buy rating on Cyxtera.
Atkin is currently at No. 11 among approximately 8,000 analysts tracked on the platform. Moreover, 78% of his ratings have been profitable, garnering 15.8% returns per rating on average.
The next on our list is the largest microchip manufacturer in the U.S., GlobalFoundries (GFS). The company recently beat its second-quarter goals, amid concerns of a demand slowdown in the consumer-exposed end markets like smartphones and PCs.
Reiterating a buy rating, Deutsche Bank analyst Ross Seymore explained that its increasing long-term agreement pipeline, focus on expanding its single-source business, growth in profitable unit volume, and meaningfully lower capital risk are expected to lift investor confidence in the stock. (See GlobalFoundries Stock Investors sentiments on TipRanks).
The analyst also raised the price target to $65 from $60 after attending the Analyst Day event held by Global Foundries following the Q2 print. Seymore was encouraged by "the company's ability to weather a macro/sector-specific slowdown while delivering continued increases in profitability driven by ASP growth, new single-sourced DWINs, and disciplined cost & OpEx management."
Seymore's track record gives us a solid reason to trust his research and opinion. At No.4 among more than 8,000 analysts followed on TipRanks, the analyst has a success rate of 80% on his ratings, generating average returns of 25.9%.
Retail chain Walmart's (WMT) recently released quarterly results reflected the resilience that consumers showed amid precarious market conditions. Not only that, operational improvements, continuous scaling of alternative income streams, and an innovative growth strategy are helping Walmart stay afloat.
Following the print, Baird analyst Peter Benedict reinforced a buy rating on the WMT stock and kept the price target at $140. (See Walmart Hedge Fund Trading Activity on TipRanks).
Benedict notes that Walmart's progress in optimizing inventory is a positive. "Looking ahead, additional pricing actions planned for 3Q should help WMT further right-size inventory levels/mix across 2H," the analyst wrote.
Moreover, Benedict also acknowledged the current leadership's efforts to keep Walmart ahead of others in the constantly evolving retail landscape. "CEO Doug McMillon's bold strategy to reshape WMT into a more nimble, fully integrated omni-channel retailer has generated real momentum across the business at a time when many traditional retailers are losing relevancy with consumers," the analyst said.
Benedict holds the No.77 position among around 8,000 analysts tracked on the platform. Moreover, his ratings have been successful 71% of the time, generating average returns of 16.1%.
Continuing our focus on the retail sector, leading home improvement chain Home Depot (HD) is another company that is on the buy list of Peter Benedict. The company also delivered upbeat second-quarter results alongside its peer Walmart.
Benedict believes that the management's unchanged outlook for the second half of this year reflects the possibility that the company expects some protection from any significant change in price-related demands through the rest of this year. (See Home Depot Stock Chart, Price History & Graphs on TipRanks).
The analyst is also confident that the company's strategic investments will bear fruit. "While HD has been realizing benefits from several of its strategic investments (front-end redesign/in-store navigation, merchandising resets, online assortment expansion, faster fulfillment options), momentum should continue to build as HD leverages its ecosystem of capabilities to deliver a seamless (and more personalized) shopping experience," said Benedict.
Reiterating a buy rating on Home Depot and raising the price target to $360 from $335, Benedict anticipates that the strategic investments made by the company last year will bolster its leadership position in the market and lead to share gains.
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Wall Streets top analysts say these are their favorite stocks right now - CNBC
Multiverse Computing and IKERLAN Detect Defects in Manufacturing with Quantum Computing Vision – High-Performance Computing News Analysis | insideHPC…
SAN SEBASTIN, SPAINAugust 16, 2022Multiverse Computing, a quantum computing solutions company, and IKERLAN, a center in technology transfer value to industry, have released the results of a joint research study that detected defects in manufactured car pieces via image classification by quantum artificial vision systems.
The research team developed a quantum-enhanced kernel method for classification on universal gate-based quantum computers as well as a quantum classification algorithm on a quantum annealer. Researchers found that both algorithms outperformed common classical methods in the identification of relevant images and the accurate classification of manufacturing defects.
To the best of our knowledge, this research represents the first implementation of quantum computer vision for a relevant problem in a manufacturing production line, said Ion Etxeberria, CEO of IKERLAN. This collaborative study confirmed the benefits of applying quantum methods to real-world industrial challenges. We strongly believe that quantum computing will play a key role in providing AI-based solutions to particularly complex scenarios.
Quantum machine learning will significantly disrupt the automotive and manufacturing industries, said Roman Orus, Ph.D., Chief Scientific Officer at Multiverse Computing. We are pleased to witness the value of early applications quantum computing today, such as quantum artificial vision, and excited to enter a new era of machine learning alongside forward-thinking partners like IKERLAN as quantum technology continues to advance.
The co-authored paper, titled Quantum artificial vision for defect detection in manufacturing, shows examples of the images analyzed by the quantum algorithms and further details the context, metrics and methods used by the researchers and can be downloadedhere.
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Multiverse Computing and IKERLAN Detect Defects in Manufacturing with Quantum Computing Vision - High-Performance Computing News Analysis | insideHPC...
IBM and Evoke announce dates for 2022 WeaveSphere tech conference in Toronto – Yahoo Finance
The WeaveSphere technology conference brings academics, developers, founders, and investors together from November 15-17, 2022 in Toronto.
TORONTO, Aug. 22, 2022 /CNW/ - Today, IBM's Center for Advanced Studies (CAS) and Evoke announced the WeaveSphere technology conference will be hosted at the Metro Toronto Convention Centre between November 15 -17, 2022.
WeaveSphere Logo (CNW Group/WeaveSphere)
The event will bring together world-class leaders and researchers from a range of disciplines to share insight, ideas, and co-create technology for the future.
"WeaveSphere aims to build a bridge between academia, research and the industry to help accelerate innovation, spark new ideas and create connections for academics, researchers, developers, founders, investors and industry leaders to help achieve their common goals of changing business and society through technology," says Patrick Kasebzarif, Executive Producer of WeaveSphere.
As one of the largest technology conferences in Canada, WeaveSphere is expected to attract more than 5,000 attendees, 200 speakers, and 150 startups.
As a unique tech conference experience, WeaveSphere advances the innovation experience by unsiloing disciplines and bridging academia, research, and industry professionals who come together to share research findings, as well as practical hands-on advice with a goal of helping attendees co-create the future. Participants come to the event to learn from others, as well as actively contribute to innovation workshops.
WeaveSphere is a collaboration between IBM's academic and research technology conference (CASCON), and Evoke's industry-focused developer conference. In 2019 the organizations merged to pursue the mission of connecting academia and research professionals with developers, tech leaders, founders, and investors. Since then, the CASCON x Evoke events have attracted thousands of attendees.
After a two-year hiatus, the eventnow called WeaveSpheremarks the 32nd year IBM's Center for Advanced Studies has hosted an industry-leading conference. The first event was held in 1991 at IBM Toronto Lab and has grown to become the premier conference in computer science and software engineering in Canada.
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"Over the past three decades, IBM has fostered a robust academic community in Computer Science and Software Engineering through the CASCON conference," says Dr. Vio Onut, WeaveSphere Conference General Chair. "In the past three years, through our relationship with Evoke, we have connected our academic community members with startups, SMEs, and large enterprises. We are very excited to bring the academic, research and industry worlds together at a conference where everything revolves around innovation and research."
The event will consist of technical talks, engaging workshops, research presentations, innovative exhibitors, diverse pitch competitions, and awards programs. WeaveSphere's Academic and Research component of the conference will continue to be presented by IBM's Center for Advanced Studies.
This year's theme is focused on Evolving Technology for the Future. WeaveSphere 2022 will spark a discussion on how technology has continued to evolve and will highlight 18 emerging streams of technology including AgTech, AI & Robotics, Blockchain, Crypto & NFTs, EnergyTech, Cloud, EduTech, eSport & Gaming, FinTech, Web3 & The Metaverse, HealthTech, NeuroTech, Privacy & Security, SpaceTech, Quantum Computing, RetailTech & eCommerce, Software Engineering, IoT and Data.
The first 50 speakers will be announced in September at weavesphere.co.
About WeaveSphere
WeaveSphere is a collaboration of the IBM CASCON academic and research technology conference and Evoke's industry-focused developer conference. Together, both conferences have merged to present WeaveSphere 2022, one of Canada's largest technology events, on a mission to create a conference that connects founders, investors, developers, engineers, academics, researchers, scientists and industry leaders to help create the next generation of unicorn people, ideas, and companies.
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IBM and Evoke announce dates for 2022 WeaveSphere tech conference in Toronto - Yahoo Finance
Visiting Research Associate Professor (Computer Science Group), Centre for Quantum Technologies job with NATIONAL UNIVERSITY OF SINGAPORE | 305614 -…
About the Centre for Quantum Technologies
The Centre for Quantum Technologies (CQT) is a research centre of excellence in Singapore. It brings together physicists, computer scientists and engineers to do basic research on quantum physics and to build devices based on quantum phenomena. Experts in this new discipline of quantum technologies are applying their discoveries in computing, communications, and sensing.
CQT is hosted by the National University of Singapore and also has staff at Nanyang Technological University. With some 180 researchers and students, it offers a friendly and international work environment.
Learn more about CQT atwww.quantumlah.org
Job Description
The research will be focused on quantum methods for machine learning and applications in finance. In particular, the candidate will develop quantum methods for finance use cases, for example analysis of time-series data, solving stochastic differential equations, anomaly and fraud detection, or portfolio optimization, using fault-tolerant quantum computers and also NISQ machines. These methods will include machine learning, linear algebra and systems of linear equations, convex optimization etc.
The candidate will be required to work on two areas that are closely related to the research being currently undertaken at CQT in Computer Science. The first axis relates to the area of Communication Complexity. Secondly, he will collaborate with CQT researchers on quantum machine learning. He is expected to spend up to 1 month in Singapore over a maximum of 2 visits, to complete the project work.
Job Requirements
More Information
Location: [[Kent ridge]]Organization: [[NUS]]Department : [[Centre for Quantum Technologies]]Job requisition ID : [[16938]]
Covid-19 Message
At NUS, the health and safety of our staff and students are one of our utmost priorities, and COVID-vaccination supports our commitment to ensure the safety of our community and to make NUS as safe and welcoming as possible. Many of our roles require a significant amount of physical interactions with students/staff/public members. Even for job roles that may be performed remotely, there will be instances where on-campus presence is required.
Taking into consideration the health and well-being of our staff and students and to better protect everyone in the campus, applicants are strongly encouraged to have themselves fully COVID-19 vaccinated to secure successful employment with NUS.
An "unhackable" phone, and Ring’s TV show – MIT Technology Review
The fight for Instagram face
Through beauty filters, platforms like Instagram are helping users achieve increasingly narrowing beauty standardsthough only in the digital worldat a stunningly rapid pace. There is evidence that excessive use of these filters online has harmful effects on mental health, especially for young girls.
Instagram face is a recognized aesthetic template: ethnically ambiguous and featuring the flawless skin, big eyes, full lips, small nose, and perfectly contoured curves made accessible in large part by filters. And while Instagram has banned filters that encourage plastic surgery, massive demand for beauty augmentation on social media is complicating matters. Read the full story.
Tate Ryan-Mosley
The must-reads
Ive combed the internet to find you todays most fun/important/scary/fascinating stories about technology.
1 The US is trying to get more monkeypox vaccinesBy moving production to Michigan and splitting existing doses into fifths. (WP $)+ It wants to provide 50,0000 vaccines for Pride events across the country. (CNBC)+ Everything you need to know about the monkeypox vaccines. (MIT Technology Review)
2 A Chicago city sensor project has gone globalIt tracked everything from air quality to flooding. (MIT Technology Review)
3 How a predatory CEOs internet fame allowed him to hide in plain sightDan Price used social media to shamelessly rehabilitate his image and control the narrative around his actions. (NYT $)+ Price has resigned from his company, Gravity Payments. (WP $)
4 An Apple security flaw leaves devices vulnerable to hackingHackers could seize full admin access to iPhones, iPads and Macs if users fail to update to the latest software. (The Verge)
5 Google workers urged the company to stop collecting abortion dataThe union is also asking Alphabet to cease its political lobbying post-Roe. (The Guardian)+ An adtech firm that reveals trips to abortion clinics has attracted the ire of the FTC. (WP $)+ Its still unclear how employer policies covering workers abortions will work. (The Atlantic $)+ Big Tech remains silent on questions about data privacy in a post-Roe US. (MIT Technology Review)
6 What getting back to nature can teach us about the future A hunter-gatherer attitude could come in handy as the climate crisis intensifies. (Neo.Life)+ Bioacoustics is a useful, if limited, way to keep an eye on wildlife. (Fast Company $)
7 Googles quantum computer has been crackedBy an algorithm running on a standard machine. (New Scientist $)
8 How much meat should we eat? We ought to be both reducing our intake and farming more sustainably. (Knowable Magazine)+ Giving up just half your hamburgers can really help the climate. (MIT Technology Review)
9 Meet the musicians connecting with fans over emailForget TikTok and Instagram, Substacks where its at these days. (The Guardian)
Read more from the original source:
An "unhackable" phone, and Ring's TV show - MIT Technology Review