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Ethereums network activity has these tips for long-term investors – AMBCrypto News

The price of the leading altcoin, Ethereum [ETH], traded above $1,770 during the intraday trading session on 28 July. The last time that the altcoin reached this price was on 10 June.

Furthermore, according to data from Santiment, with the recent price rally, the coins trading volume has hit a six-week high.

Two days ago, Ethereum witnessed significant growth in the number of unique addresses that traded the king alt as the daily active addresses hit an all-time high (ATH).

According to data from IntotheBlock, over 1.1 million addresses made an ETH transaction two days ago, making a total of 1.64 million transactions recorded that day.

What else did we spot about the alts performance in the last 24 hours?

Trading at $1,724.91 at press time, data from CoinMarketCap revealed a 5.79% growth in the price of the altcoin in the last 24 hours.

The altcoins trading volume also witnessed a 7.93% uptick within the same time and its trading volume stood at 26.74 billion at press time. The alts trading volume has risen rapidly by 41% in the last seven days.

Following the price rally of 28 July, ETHs market capitalization reclaimed the $205 billion spot. At press time, the alts market capitalization stood at $211.34 billion. At $133.35 billion just a month ago, ETH registered a 58% growth in its market capitalization in the last 30 days.

On the four-hour chart, the ETH coin was severely overbought. The tokens Money Flow Index (MFI) was spotted in an uptrend at 90.40. Similarly, its Relative Strength Index (RSI) maintained a position at 70.08 index.

With key indicators trading at these levels, caution is necessary as a bearish retracement usually follows such highs.

In the last 24 hours, 501.89k unique addresses have transacted the ETH coin. This represents over a 90% decline in daily active addresses since the high of 26 July.

The index for the new addresses created daily on the ETH network has risen steadily in the last seven days. With 74,000 new addresses created in the last 24 hours, the alt has seen a 4% growth in the new addresses created on its network daily.

However, on a 24-hour window, this has declined by over 25%.

Further, after growing by 36% in the last four days, the coins transaction volume plummeted in the last 24 hours. 468,000 at press time, transaction volume has declined by over 500%.

Valued in USD, this represented a drop from $6.09 billion to $1.09 billion.

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DeepMind AI Lab Releases 200 Million 3D Images of Proteins – TIME

Matt Higgins and his team of researchers at the University of Oxford had a problem.

For years, they had been studying the parasite that spreads malaria, a disease that still kills hundreds of thousands of people every year. They had identified an important protein on the surface of the parasite as a focal point for a potential future vaccine. They knew its underlying chemical code. But the proteins all-important 3D structure was eluding them. That shape was the key to developing the right vaccine to slide in and block the parasite from infecting human cells.

The teams best way of taking a photograph of the protein was using X-raysan imprecise tool that only returned the fuzziest of images. Without a clear 3D picture, their dream of developing truly effective malaria vaccines was just that: A dream. We were never able, despite many years of work, to see in sufficient detail what this molecule looked like, Higgins told reporters on Tuesday.

Then DeepMind came along. The artificial intelligence lab, which is a subsidiary of Googles parent company Alphabet, had set its sights on solving the longstanding grand challenge within science of accurately predicting the 3D structures of proteins and enzymes. DeepMind built a program called AlphaFold that, by analyzing the chemical makeup of thousands of known proteins and their 3D shapes, could use that information to predict the shapes of unknown proteins with startling accuracy.

When DeepMind gave Higgins and his colleagues access to AlphaFold, the team was amazed by the results. The use of AlphaFold was really transformational, giving us a really sharp view of this malaria surface protein, Higgins told reporters, adding that the new clarity had allowed his team to begin testing new vaccines that targeted the protein. AlphaFold has provided the ability to transform the speed and capability of our research.

On Thursday, DeepMind announced that it would now be making its predictions of the 3D structures of 200 million proteinsalmost all that are known to scienceavailable to the entire scientific community. The disclosure, DeepMind CEO Demis Hassabis told reporters, would turbocharge the world of biology, facilitating faster work in fields as diverse as sustainability, food security and neglected diseases. Now you can look up a 3D structure of a protein almost as easily as doing a keyword Google search, Hassabis said. Its sort of like unlocking scientific exploration at digital speed.

Read More: Demis Hassabis Is on the 2017 TIME 100

The AlphaFold project is good publicity for DeepMind, whose stated end goal is to build artificial general intelligence, or a theoretical computer that could carry out most imaginable tasks more competently and quickly than any human. Hassabis has described solving scientific challenges as necessary steps toward that end goal which, if successful, could transform scientific progress and human prosperity.

The DeepMind CEO has described AlphaFold as a gift to humanity. A DeepMind spokesperson told TIME that the company was making AlphaFolds code and data freely available for any use, commercial or academic, under irrevocable open source licenses in order to benefit humanity and the scientific community. But some researchers and AI experts have raised concerns that even if machine learning research does accelerate the pace of scientific progress, it could also concentrate wealth and power in the hands of a tiny number of companies, threatening equity and political participation in wider society.

The allure of artificial general intelligence perhaps explains why DeepMinds owner Alphabet (then known as Google), which paid more than $500 million for the lab in 2014, has historically allowed it to work on areas it sees as beneficial to humanity as a whole, even at great immediate cost to the company. DeepMind ran at a loss for years, with Alphabet writing off $1.1 billion of debt incurred from those losses in 2019, but it turned a modest profit of $60 million for the first time in 2020. That profit came entirely from selling its AI to other arms of the Alphabet empire, including tech that improves the efficiency of Googles voice assistant, its Maps service, and the battery life on its Android phones.

The combination of masses of data and computing power, combined with powerful methods for spotting patterns known as neural networks, are fast transforming the scientific landscape. These technologies, often described as artificial intelligence, are helping scientists in fields as diverse as understanding the evolution of stars and boosting drug discovery.

But this transformation isnt without its risks. In a recent study, researchers for a drug discovery company said that with only small tweaks, their drug discovery algorithm could generate toxic molecules like the VX nerve agentand others, unknown to science, that could be even more deadly. We have spent decades using computers and AI to improve human healthnot to degrade it, the researchers wrote. We were naive in thinking about the potential misuse of our trade.

For its part, DeepMind says it has carefully considered the risks of releasing the AlphaFold database to the public, saying it had made the decision after consulting with more than 30 experts in bioethics and security. The assessment came back saying that [with] this release, the benefits far outweigh any risks, Hassabis, DeepMinds CEO, told TIME at a briefing with reporters on Tuesday.

Hassabis added that DeepMind had made some adjustments in response to the risk assessment, to be careful with the structure of viral proteins. A DeepMind spokesperson later clarified that viral proteins had been excluded from AlphaFold for technical reasons, and that the consensus among experts was that AlphaFold would not meaningfully lower the barrier to entry for causing harm with proteins.

The risks of making it possible for anybody to determine the 3D structure of a protein are far lower than the risk of allowing anybody access to a drug discovery algorithm, according to Ewan Birney, the director of the European Bioinformatics Institute, which partnered with DeepMind on the research. Even if AlphaFold were to facilitate a bad actor to design a dangerous compound, the same technology in the hands of the scientific community at large could be a force-multiplier for efforts to design antidotes or vaccines. I think, like all risks, you have to think about the balance here and the positive side, Birney told reporters Tuesday. The accumulation of human knowledge is just a massive benefit. And the entities which could be risky are likely to be a very small handful. So I think we are comfortable.

But DeepMind acknowledges the balance of risks may play out differently in the future. Artificial intelligence research has long been characterized by a culture of openness, with researchers at competing labs often sharing their source code and results publicly. But Hassabis indicated to reporters on Tuesday that as machine learning makes greater headway into other potentially more-risky areas of science, that open culture may need to narrow. Future [systems], if they do carry risks, the whole community would need to consider different ways of giving access to that systemnot necessarily open sourcing everythingbecause that could enable bad actors, Hassabis said.

Open-sourcing isnt some sort of panacea, Hassabis added. Its great when you can do it. But there are often cases where the risks may be too great.

More Must-Read Stories From TIME

Write to Billy Perrigo at billy.perrigo@time.com.

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DeepMind Paper Provides a Mathematically Precise Overview of Transformer Architectures and Algorithms – Synced

Since their 2017 debut as a novel approach to natural language processing (NLP), transformers have achieved epoch-making performance across an increasingly wide variety of tasks and fields and are now the architecture of choice for many academic and industry machine learning researchers and practitioners. Countless papers have been published on transformers and new and improved variants, but these rarely if ever include pseudocode a simplified outline of a models operations formatted similarly to computer source code but with plain-language annotations.

In the new paper Formal Algorithms for Transformers, DeepMind researchers present a precise and compact overview of transformer architectures and formal algorithms. The unique study provides pseudocode for 15 transformer algorithms, along with explanations of what transformers are, how they are trained, what theyre used for, their key architectural components, tokenization, and practical considerations for prominent models.

The researchers introduce transformers as neural networks for sequential data that, in most cases, are used for two common tasks: sequence modelling and sequence-to-sequence prediction. They detail formal algorithms for both tasks and provide pseudocode that can be used as templates and adapted to describe future variations. An explanation of the main approaches for tokenization is also included to offer readers insights on how text is represented in such models.

The researchers present formal algorithms for the key components of transformer architectures, including token and positional embedding, basic single-query attention (e.g. bidirectional self-attention and unidirectional self-attention), multi-head attention, layer normalization, and unembedding; and detail prominent transformer architectures such as the Encoder-Decoder Transformer, BERT, and GPT. The team notes that pseudocodes representations for reasoning can also benefit theoreticians interested in transformers and deep learning.

Overall, this paper neatly describes all aspects of transformer architectures, training, and inference; provides pseudocode for various algorithms used in their training and deployment; and includes a useful notation glossary. The researchers hope the work can provide readers of various levels with a better understanding of transformers and enable them to contribute to the literature on the topic; and aid developers in the implementation of their own transformer models by using the pseudocode as templates.

The paper Formal Algorithms for Transformers is on arXiv.

Author: Hecate He |Editor: Michael Sarazen

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Google & DeepMind Study the Interactions Between Scaling Laws and Neural Network Architectures – Synced

State-of-the-art AI models have ballooned to billions of parameters in recent years. Although the machine learning (ML) community has shown keen interest in the scaling properties of transformer-based models, there has been relatively little research on scaling effects with regard to the inductive biases imposed by different model architectures.

In the new paper Scaling Laws vs Model Architectures: How does Inductive Bias Influence Scaling?, a research team from Google and DeepMind posits that understanding the connections between neural network architectures and scaling laws is essential for designing and evaluating new models. The team pretrains and finetunes over 100 models to reveal useful insights on the scaling behaviours of ten diverse model architectures.

The team summarizes their main contributions as:

The systematic study aims at answering a number of questions: Do different model architectures scale differently? How does inductive bias affect scaling behaviour? How does scaling impact upstream and downstream model performance?

To answer these questions, the team conducted extensive experiments on a broad spectrum of models, including well-established transformer variants such as Evolved Transformer (So et al., 2019), Universal Transformers (Dehghani et al., 2018) and Switch Transformers (Fedus et al., 2021); lightweight models such as Googles ALBERT; and efficient transformers such as Performer (Choromanski et al., 2020) and Funnel Transformers (Dai et al., 2020). The study also looks at non-transformer architectures that include Lightweight Convolutions (Wu et al., 2019), Dynamic Convolutions (Wu et al., 2019), and MLP-Mixers (Tolstikhin et al., 2021).

The study reports the number of trainable parameters, FLOPs (of a single forward pass) and speed (steps per second) for different architectures, as well as validation perplexity (on upstream pretraining) and results on 17 downstream tasks.

The teams analysis leads them to conclude that architecture plays a crucial role in scaling due to intricate factors that are intertwined with architectural choices, that some models may do well on upstream perplexity but fail to transfer to downstream tasks, and that the performance of different models and architectures can fluctuate at different scales. They also show that introducing novel inductive biases can be risky when scaling and suggest ML practitioners be mindful of this when performing expensive runs on transformer architectures that drastically modify the attention mechanism.

The paper Scaling Laws vs Model Architectures: How does Inductive Bias Influence Scaling? is on arXiv.

Author: Hecate He |Editor: Michael Sarazen

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How cloud computing is transforming the landscape of small businesses? – HostReview.com

It is vital for companies to be on top of the latest trends in business and technology. One key development thats changed business operations over the past decade is cloud computing. This article will discuss just what cloud computing is, as well as how it has benefited businesses of all shapes and sizes.

Business success has always been influenced by the technology thats available to us. This is especially true when it comes to supporting the growth of companies on a global scale. Enterprises are being forced to adopt new technologies, which is having a huge impact on smaller enterprises and large corporations. New tech like blockchain, AI, and QuickBooks premier cloud hosting will be highly useful for small businesses looking for ways to work more effectively and grow their profits faster using some of the leading IT developers who help present real-life solutions you can use in your business model once you've identified your needs.

Although using cloud-based platforms was once an option for companies a few years ago, it has now become a necessity. And regardless of your company's size, a growing number of businesses from large corporations to small and medium enterprises (SMEs) - are implementing cloud-based ERP solutions to boost their operational efficiencies and gain a competitive edge.

Here are some advantages associated with implementing cloud tech in your business

Increased agility & flexibility

Moving to a cloud-based platform is ideal for businesses whose bandwidth demands are constantly fluctuating or growing because it provides access to an array of performance levels that align with the needs of your business at any given time. It means your business can easily adapt by scaling up or down at anytime.

Disaster recovery solutions

A solid disaster recovery plan should be an essential part of any business plan. But sometimes, it's hard for SMEs to find the time or resources to implement this. Cloud computing can help SMEs through its use of remote servers, meaning businesses no longer need local IT teams.

Server maintenance

The real beauty of cloud services is the servers are located off-site, which means you dont have to worry about them. Your service provider will ensure all the software updates (including security) because they host your software or applications on their servers. This way, you just need to focus on using those applications and not maintaining them yourself.

Pay as you go model

Another great advantage of using cloud services is that they do not require one to spend a large amount on hardware. Cloud hosting services are subscription based, so you can pay as you go without having to plan for an entire year at once, which will help your business keep its cash flow going strong!

Easier collaboration among employees

Your employees can conduct themselves in a highly productive manner if they've easy access to your company's information and applications. A cloud-hosted platform helps keep teams collaborating on files more easily, faster, and effectively.

Streamlining of document management system

What could be extra helpful than storing files everywhere on our systems and devices?

Allowing your business document to be at one central place. Cloud hosting platforms centralize the storage of files and allow easy collaboration with tools that are built right into the cloud software. This results in easier collaboration and transparency which ultimately leads to better workflow.

Having a unified system that brings everyone in the organization on the same page is crucial for standardizing business operations whether it's an online platform or integrated systems used by your company as part of your organizational structure.

Additional security

Hosted services are a safe and secure way of running your company. The host takes care of the security, ensuring your data is safely stored in highly secure off-site servers so you never have to worry about whether or not theyre staying safe and secure. Additionally, hosting companies also have disaster recovery and backup modes ready to save your data in the event that it gets lost, stolen or damaged on their end.

Final Words

A few decades or so ago, it was just a common belief that companies need to be in the clouds when it comes to their accounting software - something which has now become not only a preferred option for organizations of all sizes but also an absolute necessity. Were not just talking about large companies here - many small and medium businesses are now using cloud-based QuickBooks premier hosting accounting software to help them optimize operations and get ahead of the competition in terms of efficiency as well as overall performance.

Cloud based systems are important because more and more people want to prioritize jobs that allow them to set their own hours.

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Performant Capital Creates Platform Delivering Managed Technology Services and Revenue Cycle Management to the Healthcare Industry – Latest Digital…

SAVANNAH, Ga.(BUSINESS WIRE)Performant Capital announced today that it has formed Provider Technology, LLC (Provider Technology) through the acquisitions of DavLong Business Solutions LLC and its affiliate Administrative Advantage LLC (collectively, DBS) and On Demand Solutions Inc. (ODS). Provider Technology is a leading technology provider of outsourced software and IT services, revenue cycle management (RCM) and back-office business support primarily to physician practices and health systems. The businesses will continue to operate independently under their respective brands but share best practices across all functional areas.

Performant, investing out of Fund I, closed the DBS and ODS transactions simultaneously in June. The Private Credit business within Goldman Sachs Asset Management (Goldman Sachs) provided first lien debt and an equity co-investment to support the acquisitions.

The team at Goldman Sachs has been invaluable as we executed this platform investment, said Mike Ciaglia, Partner at Performant. We look forward to meaningfully accelerating the growth of the business given the scale enabled by Goldmans partnership.

Founded in 1983 and headquartered in Savannah, GA, DBS provides turnkey IT solutions for physician practices by fully hosting, maintaining, and supporting all software needs for the medical office, from cloud hosting to cybersecurity. DBS combines its proprietary suite of software offerings with leading third-party solutions to provide medical practices with a fully integrated electronic health record and practice management system from a single vendor. In addition to its best-in-class software offering, DBS also provides complete RCM services designed to manage and optimize the entire collections process for practices. Across both primary functional areas, the company leverages technology, analytics, and the expertise of its skilled teams to improve operational and financial performance for customers.

Founded in 2007 and headquartered in Boise, ID, ODS provides practice management software, RCM, staffing support and business advisory services to healthcare service providers and organizations. Its solutions improve business operational efficiency, reduce administrative costs, and assure managerial control so clients can stay focused on providing quality patient care.

The combination of DBS, AA, and ODS creates a national back-office and healthcare technology platform servicing more than 3,000 medical providers across the U.S and across medical specialties developing best-in-class offerings and technology for specific specialties, such as Ophthalmology, EMS and Hospitalist providers. These businesses are highly complementary acquisitions that together provide enhanced technology capabilities and support services with broader geographic presence to better meet the needs of clients and improve their financial outcomes, said Chris McLaughlin, Partner at Performant Capital. Both businesses have a reputation of providing superior customer support as value-added partners to physicians and health organizations. Customers value our company as more than just a service provider, but extensions of their core teams. With an expanded presence and enhanced capabilities to drive further value for clients, were excited about the future of the combined business under Provider Technology.

Provider Technology continues to look for best-in-class revenue cycle management and managed service provider software businesses to healthcare customers that would expand its geographic footprint and service capabilities. If you have an opportunity that might be an add-on acquisition candidate for Provider Technology, please contact Mike Ciaglia (mciaglia@performantcapital.com) or Chris McLaughlin (cmclaughlin@performantcapital.com)

About Performant Capital

Performant Capital is a Chicago-based, lower middle market private equity firm focused on investments in technology-driven companies. Performant acquires businesses across SaaS, technology-enabled services, and data intelligence products and services. With over 50 years of collective investing and operating experience in these sectors, Performants principals seek opportunities where its depth of investing, operating expertise, and partner network can materially impact performance. More information on Performant Capital can be found at http://www.performantcapital.com.

About Goldman Sachs Asset Management Private Credit

Bringing together traditional and alternative investments, Goldman Sachs Asset Management provides clients around the world with a dedicated partnership and focus on long-term performance. As the primary investing area within Goldman Sachs (NYSE: GS), it delivers investment and advisory services for the worlds leading institutions, financial advisors and individuals, drawing from its deeply connected global network and tailored expert insights, across every region and marketoverseeing more than $2 trillion in assets under supervision worldwide as of March 31, 2022. Driven by a passion for its clients performance, it seeks to build long-term relationships based on conviction, sustainable outcomes, and shared success over time. Goldman Sachs Asset Management invests in the full spectrum of alternatives, including private equity, growth equity, private credit, real estate and infrastructure. Established in 1996, the Private Credit business within Goldman Sachs Asset Management is one of the worlds largest private credit investors with over $90 billion in assets across direct lending, mezzanine debt, hybrid capital and asset-based lending strategies. Its deep industry and product knowledge, extensive relationships and global footprint position it to deliver scaled outcomes with speed and certainty, supporting companies from the lower middle market to large cap in size.

Contacts

Chris McLaughlin

Partner

Performant Capital

cmclaughlin@performantcapital.com

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The Worldwide Micro Server IC Industry is Projected to Reach $2.3 Billion by 2027 – ResearchAndMarkets.com – Business Wire

DUBLIN--(BUSINESS WIRE)--The "Global Micro Server IC Market (2022-2027) by Component, Processor Type, Application, End User, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global Micro Server IC Market is estimated to be USD 1.3 Bn in 2022 and is projected to reach USD 2.36 Bn by 2027, growing at a CAGR of 12.7%.

Market dynamics are forces that impact the prices and behaviors of the Global Micro Server IC Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Micro Server IC Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the Global Micro Server IC Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, The analyst has devised suitable strategies for market growth.

Why buy this report?

Market Dynamics

Drivers

Restraints

Opportunities

Challenges

Market Segmentation

The Global Micro Server IC Market is segmented based on Component, Processor Type, Application, End User, and Geography

Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/r/jbyf2l

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‘You’re talking a load of tripe’: Shock as Ann Coulter questions why people should care about Ukraine – indy100

Ann Coulter has been slammed following an appearance on Piers Morgans Talk TV show, in which she questioned why people should care about the war in Ukraine.

The controversial Conservative commentator spoke about Vladimir Putins ongoing, illegal invasion and left other reporters in the studio Ava Evans and Esther Krakue completely baffled.

Putin has been reaching out to America. He was the first person to call after 9/11 to express his condolences towards America, and Bush didnt even call him back. We have so dissed the Russians for such a long time.

The NATO thing once the Soviet Union fell, theres no point to NATO. We keep encroaching, encroaching, encroaching she added.

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Morgan stepped in to say: Well actually were seeing exactly what the point of NATO is, which is to stop a murderous dictator like Vladimir Putin."

Coulter added: Im sorry, historically Ukraine was part of the Russian empire. Im not defending Putin why should Americans care about this? We have our own problems. Why should the British care about it?

Out of nowhere, Coulter then began talking about immigrants coming into the UK, saying: Youve just passed Brexit, a huge part of which was about immigration, and you have more immigrants coming in? Im so glad your guy Boris is gone and hopefully the next guy will actually fill the promises of Brexit.

Morgan then went on to draw comparisons to the outbreak of World War II with the war in Ukraine, to which Coulter replied: You cant compare everything to Hitler If Putin attacks Pearl Harbour, Ill be interested, but hes not attacking the United States.

Political reporter Ava Evans from PoliticsJoe then summed up how most people were feeling about Coulters comments by saying: I think you were just talking quite a lot of tripe actually, but thats your thing.

One social media user wrote: [Ava Evans] delivering the perfect drop line to Coulter's unhinged nonsense.

Another one said: Agreeing with piers morgan was not on the 2022 bingo card.

Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

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Global Quantum Computing Market To Be Driven By Growing End Use Sectors In The Forecast Period Of 2021-2026 – Digital Journal

The new report by Expert Market Research titled, GlobalQuantum Computing Market GrowthSize, Share, Price, Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2021-2026, gives an in-depth analysis of the Global Quantum Computing Marketassessing the market based on its segments like offering, application, end use and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porters Five Forces models.

Request a free sample copy in PDF or view the report[emailprotected]https://bit.ly/3mhR1Lj

The key highlights of the report include:

Market Overview (2016-2026)

The services category is expected to hold a considerable part of the market based on its offerings. This is due to the increasing use of quantum computing as a service (QCaaS) in industries such as healthcare and pharmaceuticals, chemicals, defence, and banking, among others. Quantum computers are extremely quick and efficient, capable of doing calculations in milliseconds. As a result, they are widely employed in many businesses, particularly in the BFSI sector, to speed up procedures. Meanwhile, the market has benefited from the increased usage of this technology in optimisation, simulation, and machine learning applications in various end-use sectors to achieve optimal utilisation cost.

Industry Definition and Major Segments

Quantum computing is an area of computer science that focuses on building computer technology based on quantum theory ideas. It is the use of quantum state collective features like superposition and entanglement to accomplish computation.

On the basis of offering, the market is segmented into:

Based on application, the product can be segmented into:

The industry finds its end use into:

The report also covers regional market like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Explore the full report with the table of[emailprotected]https://bit.ly/3mmgfZ2

Market Trend

The global quantum computing business is being propelled forward by rising demand in a variety of end-user industries, including defence, financial services, and others. Rapid technical breakthroughs and a rising reliance of many industries on sophisticated computing technologies to solve complicated problems that even todays most powerful supercomputers cannot handle are driving market expansion. Health and pharmaceuticals, chemicals, energy and electricity, and other growing sectors in emerging economies are all contributing considerably to the industrys growth. The governments increasing investments in quantum computing technology in order to develop improved solutions and expand their knowledge base related to the technology will accelerate the market growth.

Key Market Players

The major players in the market are Microsoft Corporation, IBM Corporation, Intel Corporation, Google Inc., and D-Wave Systems Inc., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

Media Contact

Company Name: Claight CorporationContact Person:- Eliana Grace, Business ConsultantEmail:[emailprotected]Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790Address: 30 North Gould Street, Sheridan, WY 82801, USAWebsite:https://www.expertmarketresearch.com

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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NYU Langone, Fermilab to enhance, speed up quantitative MR with quantum computing – DOTmed HealthCare Business News

NYU Langone and Fermilabs Superconducting Quantum Materials and Systems Center have proposed a pilot program to study a new method in MR imaging that combines quantitative MR (qMR) with quantum computing.

The two would develop algorithms that quantum computers could use to accurately and rapidly determine multiple tissue properties from MR scans. While quantum computing would speed up and make scans more accurate, the algorithms would improve qMR for clinical use to allow doctors to confirm interpretations by comparing MR scans based on statistics and machine learning, rather than inconsistencies in image contrast.

We expect to be able to model a large number of properties and the interactions among them to obtain a more comprehensive picture of the underlying structure of the imaged tissues. This will be possible not just because quantum computers enable faster generation of the large models, but also because they are better suited than traditional computers to model the interactions between tissue properties in MR, since they are governed by the laws of quantum mechanics, Dr. Riccardo Lattanzi, an associate radiology professor at NYU Grossman School of Medicine and principal investigator, told HCB News.

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The data is held within the 3D pixels of MR scans, which quantum computers can use to measure properties to assess and monitor patient health across multiple scans. It also can speed up measurements and create more accurate MR simulations to show the underlying properties of the MR data fingerprints.

Having multiple quantitative parameters that reflect the underlying properties of tissues improves detection of lesions and pathologies. Furthermore, by looking at them from different angles (i.e., by having multiple biophysical parameters estimated for the same pixel), we can also better characterize these lesions to help create personalized treatments," said Lattanzi.

He adds that another potential application is being able to generate digital twins to detect and characterize abnormalities.

SQMS Center is made up of 23 institutions studying the use of quantum computing. The partnership is the first one it has undertaken for directly advancing healthcare.

NYU has received DOE Office of Science approval to become a member of the SQMS Center.

The collaboration is pending final approval of a formal agreement between NYU and Fermi Research Alliance, which manages Fermilab.

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NYU Langone, Fermilab to enhance, speed up quantitative MR with quantum computing - DOTmed HealthCare Business News

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