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Artificial Intelligence (AI) Top 3 Pros and Cons – ProCon.org

1.IBM Cloud Education, Artificial Intelligence (AI), ibm.com, June 3, 20202.Aaron Hertzmann, This Is What the Ancient Greeks Had to Say about Robotics and AI, weforum.org, Mar. 18, 20193.Imperial War Museums, How Alan Turing Cracked the Enigma Code, iwm.org.uk (accessed Oct. 7, 2021)4.Noel Sharkey, Alan Turing: The Experiment That Shaped Artificial Intelligence, bbc.com, June 21, 20125.Computer History Museum, John McCarthy, computerhistory.org (accessed Oct. 7, 2021)6.Andy Peart, Homage to John McCarthy, the Father of Artificial Intelligence (AI), artificial-solutions.com, Oct. 29, 20207.Andrew Myers, Stanford's John McCarthy, Seminal Figure of Artificial Intelligence, Dies at 84, news.stanford.edu, Oct. 25, 20118.History Computer, Logic Theorist Complete History of the Logic Theorist Program, history-computer.com (accessed Oct. 7, 2021)9.Melanie Lefkowitz, Professors Perceptron Paved the Way for AI 60 Years Too Soon, news.cornell.edu, Sep. 25, 201910.Rockwell Anyoha, The History of Artificial Intelligence, sitn.hms.harvard.edu, Aug. 28, 201711.Victoria Stern, AI for Surgeons: Current Realities, Future Possibilities,generalsurgerynews.com, July 8, 202112.Dan Falk, How Artificial Intelligence Is Changing Science, quantamagazine.org, Mar. 11, 201913.European Parliament, What Is Artificial Intelligence and How Is It Used?, europarl.europa.eu, Mar. 29, 202114.Irene Zueco, Will AI Solve Your Workplace Safety Problems?, pro-sapien.com (accessed Oct. 13, 2021)15.National Association of Safety Professionals, How Artificial Intelligence/Machine Learning Can Improve Workplace Health, Safety and Environment, naspweb.com, Jan. 10, 202016.Ryan Quiring, Smarter Than You Think: AIs Impact on Workplace Safety, ehstoday.com, June 8, 202117.Nick Chrissos, Introducing AI-SAFE: A Collaborative Solution for Worker Safety, gblogs.cisco.com, Jan 23, 201818.Tejpreet Singh Chopra, Factory Workers Face a Major COVID-19 Risk. Heres How AI Can Help Keep Them Safe, weforum.org, July 29, 202019.Mark Bula, How Artificial Intelligence Can Enhance Workplace Safety as Lockdowns Lift, ehstoday.com, July 29, 202020.Carole Martinez, Artificial Intelligence and Accessibility: Examples of a Technology that Serves People with Disabilities, inclusivecitymaker.com, Mar. 5, 202121.Noah Rue, How AI Is Helping People with Disabilities, rollingwithoutlimits.com, Feb. 25, 201922.Jackie Snow, How People with Disabilities Are Using AI to Improve Their Lives, pbs.org, Jan. 30, 201923.Bernard Marr, The 10 Best Examples of How AI Is Already Used in Our Everyday Life, forbes.com, Dec. 16, 201924.John Koetsier, AI-Driven Fitness: Making Gyms Obsolete?, forbes.com, Aug. 4, 202025.Manisha Sahu, How Is AI Revolutionizing the Fitness Industry?, analyticssteps.com, July 9, 202126.Amisha, et al., Overview of Artificial Intelligence in Medicine, Journal of Family Medicine and Primary Care, ncbi.nlm.nih.gov, July 201927.Sarah McQuate, First Smart Speaker System That Uses White Noise to Monitor Infants Breathing, washington.edu, Oct. 15, 201928.Science Daily, First AI System for Contactless Monitoring of Heart Rhythm Using Smart Speakers, sciencedaily.com, Mar. 9, 202129.Nicholas Fearn, Artificial Intelligence Detects Heart Failure from One Heartbeat with 100% Accuracy, forbes.com, Sep. 12, 201930.Aditya Shah, Fighting Fire with Machine Learning: Two Students Use TensorFlow to Predict Wildfires, blog.google, June 4, 201831.Saad Ansari and Yasir Khokhar, Using TensorFlow to keep farmers happy and cows healthy, blog.google, Jan. 18, 201832.M Umer Mirza, Top 10 Unusual but Brilliant Use Cases of Artificial Intelligence (AI), thinkml.ai, Sep. 17, 202033.Benard Marr, 10 Wonderful Examples Of Using Artificial Intelligence (AI) For Good, forbes.com, June 22, 202034.Calum McClelland, The Impact of Artificial Intelligence - Widespread Job Losses, .iotforall.com, July 1, 202035.Aaron Smith and Janna Anderson, AI, Robotics, and the Future of Jobs, pewresearch.org, Aug. 6, 201436.ACLU, Facial Recognition, aclu.org (accessed Oct. 15, 2021)37.Pjotr Sauer, Privacy Fears as Moscow Metro Rolls out Facial Recognition Pay System, theguardian.com, Oct. 15, 202138.Gleb Stolyarov and Gabrielle Ttrault-Farber, Face Control: Russian Police Go Digital against Protesters, reuters.com, Feb. 11, 202139.Drew Harwell, Doorbell-Camera Firm Ring Has Partnered with 400 Police Forces, Extending Surveillance Concerns, washingtonpost.com, Aug. 28, 201940.David A. Teich, Artificial Intelligence and Data Privacy Turning a Risk into a Benefit, forbes.com, Aug. 10, 202041.Kashmir Hill, How Target Figured Out A Teen Girl Was Pregnant Before Her Father Did, forbes.com, Feb. 16, 201242.Thomas Brewster, Fraudsters Cloned Company Directors Voice In $35 Million Bank Heist, Police Find, forbes.com, Oct. 14, 202143.ACLU, How is Face Recognition Surveillance Technology Racist?, aclu.org June 16, 202044.Alex Najibi, Racial Discrimination in Face Recognition Technology, harvard.edu, Oct. 4, 202045.Julia Angwin, Jeff Larson, Surya Mattu, and Lauren Kirchner, Machine Bias, propublica.org, May 23, 201646.Stephen Buranyi, Rise of the Racist Robots How AI Is Learning All Our Worst Impulses, theguardian.com, Aug. 8, 201747.Paul Mozur, One Month, 500,000 Face Scans: How China Is Using A.I. to Profile a Minority, nytimes.com, Apr. 14, 201948.BBC, Who Are the Uyghurs and Why Is China Being Accused of Genocide?, bbc.com, June 21, 202149.Jorge Barrera and Albert Leung, AI Has a Racism Problem, but Fixing It Is Complicated, Say Experts, cbc.ca, May 17, 202050.Jacob Snow, Amazons Face Recognition Falsely Matched 28 Members of Congress with Mugshots, aclu.org, July 26, 201851.Jack Kelly, Wells Fargo Predicts That Robots Will Steal 200,000 Banking Jobs within the Next 10 Years, forbes.com, Oct. 8, 201952.Loss Prevention Media, How AI Helps Retailers Manage Self-Checkout Accuracy and Loss, losspreventionmedia.com, Sep. 28, 202153.Anne Stych, Self-Checkouts Contribute to Retail Jobs Decline, bizjournals.com, Apr. 8, 201954.Retail Technology Innovation Hub, Retailers Invest Heavily in Self-Checkout Tech amid Covid-19 Outbreak, retailtechinnovationhub.com, July 6, 202155.Retail Consumer Experience, COVID-19 Drives Grocery Shoppers to Self-Checkout, retailcustomerexperience.com, Apr. 8, 202056.Daron Acemoglu and Pascual Restrepo, Tasks, Automation, and the Rise in US Wage Inequality, nber.org, June 202157.Jack Kelly, Artificial Intelligence Has Caused A 50% to 70% Decrease in WagesCreating Income Inequality and Threatening Millions of Jobs, forbes.com, June 18, 202158.Keith Romer, "How A.I. Conquered Poker," nytimes.com, Jan. 18, 2022

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Atom Computing Plans To Build A Bigger And Better High-Tech Quantum Computer With Its Latest $60 Million Series B Funding – Forbes

Atom Computing

Atom Computing, a quantum computing company headquartered in Berkeley, California, seems to be on the fast track for funding.

This week Atom announced it had secured$60MSeries B round of financing led by Third Point Ventures. The round also included Prime Movers Lab and insiders Innovation Endeavors, Venrock, and Prelude Ventures.

Atom was founded in 2018 with $5M in seed funds by Benjamin Bloom and Jonathan King. Over two years, the duo used those funds to secretly staff and build a quantum computer with a unique technology. What set Atoms computer apart from other quantum machines was that it was the first quantum computer to use nuclear-spin qubits created from optically-trapped neutral atoms.

First-Generation Quantum Computer, Phoenix

In July 2021, Atom Computingreceived an additional $15M in Series A funding from investorsVenrock, Innovation Endeavors, and Prelude Ventures, plus three grants from the National Science Foundation.

According to a statement on Atom's press release by Rob Hays, Atom Computing's president and CEO, there was no shortage of investment interest. "We've seen a tremendous amount ofinvestor interest in what many are starting to believe is a more promising way to scale quantum computers neutral atoms, he said. Our technology advancements and this investment give us the runway to continue our focus on delivering the most scalable and reliable quantum computers."

Whats different about its technology

Most of todays quantum computers use two types of qubits, either superconducting (IBM & Google) or trapped-ion (Quantinum or IonQ). Amazon doesnt yet have a quantum computer, but it plans to build one using superconducting hardware. In contrast, Psi Quantum and Xanadu use photons of light that act as qubits.

Atom computing chose to use a different technology -nuclear-spin qubits made from neutral atoms.Phoenix, the name of Atoms first-generation, gate-based quantum computer platform, uses 100 optically trapped qubits.

These qubits are created from an isotope of Strontium, a naturally occurring element considered to be a neutral atom. Goingdeeper, neutral atoms have equal numbers of protons and electrons. However, isotopes of Strontium have varying numbers of neutrons. These differences in neutrons produce different energy levels in the atom that allow spin qubits to be created. Atom Computing uses the isotope Strontium-87 and takes advantage of its unique energy levels to create spin qubits.

It is important for qubits to remain in a quantum state long enough to complete running the quantum circuits. The time that a qubit retains its quantum state is called its coherence time. Neutral atom qubits have a longer coherence time than most other qubit technologies.

Lasers instead of wires are used for precision control of the strontium-87 qubits. Lasers eliminates wiring, which can create radiation and noise that negatively affects coherence.

There are many other technical reasons for using neutral atom spin qubits but beyond the scope of this article.

Second generation plans

Artist rendering of Atom Computings second-generation quantum

With its latest $60M Series B funding, Atom Computing plans to build a larger, second-generation neutral-atom quantum computer. Many additional qubits will give the system increased computational ability. Atom Computing is currently likely to have undisclosed customer trials and use cases in progress. However, we expect new and more significant use cases to be publicly announced once the new quantum system is operational.

Patrick Moorhead, president and chief analyst of Moor Insights and Strategy, said, Qubit coherence, fidelity, and scalability are essential factors for achieving quantum advantage. Atom Computing has already demonstrated that Phoenix, its first-generation 100+ nuclear-spin qubit quantum processor, has the potential to check all those boxes. With the additional $60M Series B funding, I believe Atom could build a large qubit, second-generation quantum system that either brings it to the edge of quantum advantage or possibly even achieves it.

Analyst notes:

Note: Moor Insights & Strategy writers and editors may have contributed to this article.

Moor Insights & Strategy, like all research and tech industry analyst firms, provides or has provided paid services to technology companies. These services include research, analysis, advising, consulting, benchmarking, acquisition matchmaking, or speaking sponsorships. The company has had or currently has paid business relationships with 88,A10 Networks,Advanced Micro Devices, Amazon,Ambient Scientific,AnutaNetworks,Applied Micro,Apstra,Arm, Aruba Networks (now HPE), AT&T, AWS, A-10 Strategies,Bitfusion, Blaize, Box, Broadcom, Calix, Cisco Systems, Clear Software, Cloudera,Clumio, Cognitive Systems, CompuCom,CyberArk,Dell, Dell EMC, Dell Technologies, Diablo Technologies,Dialogue Group,Digital Optics,DreamiumLabs, Echelon, Ericsson, Extreme Networks, Flex, Foxconn, Frame (now VMware), Fujitsu, Gen Z Consortium, Glue Networks, GlobalFoundries, Revolve (now Google), Google Cloud,Graphcore,Groq,Hiregenics,HP Inc., Hewlett Packard Enterprise, Honeywell, Huawei Technologies, IBM,IonVR,Inseego, Infosys,Infiot,Intel, Interdigital, Jabil Circuit, Konica Minolta, Lattice Semiconductor, Lenovo,Linux Foundation,Luminar,MapBox, Marvell Technology,Mavenir, Marseille Inc, Mayfair Equity, Meraki (Cisco),Mesophere, Microsoft, Mojo Networks, National Instruments, NetApp, Nightwatch, NOKIA (Alcatel-Lucent), Nortek,Novumind, NVIDIA,Nutanix,Nuvia (now Qualcomm), ON Semiconductor, ONUG, OpenStack Foundation, Oracle, Panasas,Peraso, Pexip, Pixelworks, Plume Design, Poly (formerly Plantronics),Portworx, Pure Storage, Qualcomm, Rackspace, Rambus,RayvoltE-Bikes, Red Hat,Residio, Samsung Electronics, SAP, SAS, Scale Computing, Schneider Electric, Silver Peak (now Aruba-HPE), SONY Optical Storage,Springpath(now Cisco), Spirent, Splunk, Sprint (now T-Mobile), Stratus Technologies, Symantec, Synaptics, Syniverse, Synopsys, Tanium, TE Connectivity,TensTorrent,TobiiTechnology, T-Mobile, Twitter, Unity Technologies, UiPath, Verizon Communications,Vidyo, VMware, Wave Computing,Wellsmith, Xilinx,Zayo,Zebra,Zededa, Zoho, andZscaler.Moor Insights & Strategy founder, CEO, and Chief Analyst Patrick Moorhead is a personal investor in technology companiesdMYTechnology Group Inc. VI andDreamiumLabs.

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Atom Computing Plans To Build A Bigger And Better High-Tech Quantum Computer With Its Latest $60 Million Series B Funding - Forbes

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Quantum Computing Market; Augmented IT Industry Revenue to – GlobeNewswire

Pune, India, Jan. 26, 2022 (GLOBE NEWSWIRE) -- The global Quantum Computing Market size is projected to bolster on account of the growing demand for faster data operations, secure data transfer, and communications would be likely to drive the quantum computing market during the forecast period, states Fortune Business Insights, in its report, titled, Quantum Computing Market, 2021-2028.

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As per our researchers, quantum computing is the utilization of quantum physics characteristics such as superposition theorem to execute computation and preserve the data. Quantum computing can be incorporated with machine learning (ML) to advance its usage.

List of Key Players Covered in the Quantum Computing Market Report

COVID-19 Impact: Booming IT Industry Set to Enhance Product Demand

The spread of the COVID-19 pandemic has radically disturbed every fragment of human routine especially comprising of the Indian IT segment. It has generated an unparalleled assessment on the IT sector. In various IT companies around the globe, workplaces are shut, and instead, work from the home system is observed to be employed. Moreover, globalization has decelerated substantially.

Over the past couple of years, the IT industry has in India has been a dominating sector and contributor towards economic growth. It plays an authoritative role in satisfying several middle-class visions of the company as well as achievement and ambitious professions. Nevertheless, according to industry experts, owing to the COVID-19 outbreak, companies in the IT services in India are estimated to witness a considerable strike in growth during the financial year of 2020-2021.

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To get to know more about the short-term and long-term impact of COVID-19 on this market, please visit:

Report Coverage

The report delivers a detailed study of the market fragments and a comprehensive analysis of the market overview. A thoughtful assessment of the contemporary market trends as well as the impending opportunities are offered in the report. It further reveals an extensive analysis of the regional dynamics and how they shape the market growth. The COVID-19 impacts have been mentioned in the report in order to assist stakeholders and business professionals comprehend the risks better. The report emphasizes the chief players and their key strategies to stay in the dominating position.

Segmentation

Based on Component, the global quantum computing market is segregated into Hardware and Software Services.

On the basis of Application, the market is categorized into Optimization, Machine Learning, and Material Simulation.

By End-Use, the global market is bifurcated into Space and Defense, Automotive, Healthcare, Banking and Finance, Chemicals, and Energy & Power.

In terms of Geography, the market is categorized into North America, South America, Europe, the Middle East & Africa, and Asia Pacific.

Drivers and Restraints

Market Growth Set to Bolster Backed by Government Support

The support given by the government for the execution of quantum computing technology and its development is a prominent factor in the market. Abundant public businesses and private firms recognize the importance of a well synchronized finance approach that affirmatively affects market growth. For example, according to the National Quantum Initiative law, which was made legal in December 2018, the United States House of Representatives has encompassed USD 1.2 billion capital for the National Quantum Initiative Program. The funding is intended to enable quantum information science and technology applications for more than ten years by fixating its objectives and significance.

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Businesses involving banking, defence, space, public sectors, healthcare among others are estimated to make a significant contribution to the general quantum computing market. The growing necessity for protected data transfer and interactions, with the demand for quicker data tasks, is projected to augment the demand for quantum computing consulting solutions.

Regional Insights

North America is estimated to steer the market growth considerably owing to its remarkable investment collection in personal as well as public R&D activities. For example, the National Aeronautics and Space Administration (NASA), Los Alamos National Laboratory, and National Security Agency (NSA) are assured of quantum computing technology improvement.

Numerous communal, as well as private establishments across Europe, are participating actively for the development of quantum computing technology. The leading European countries including the United Kingdom, Russia, and Germany, and their substantial investments would probably drive the quantum computing market growth across Europe.

Asia Pacific is projected to grow exponentially during the forecast period. Large-scale expansions in computing, demonstrated by emerging Asian nations such as India, Japan, and South Korea, are estimated to thrust the market growth in the upcoming period.

Competitive Landscape

The global quantum computing market is displaying concentrated competition. Noteworthy market players emphasize on evolving presented technological developments and linked products that suffice most of the industry requirements. Most of the key retailers are committing their struggles towards research and development activities (R&D) to present an included product variety. The noticeable vendors in the global market concentrate on novel product unveilings and augmentations of their prevailing portfolio to elevate their market position.

Industry Development

November 2018:Rigetti & Co, Inc. introduction of a toolkit known as pyQuil 1.9 which is valid for forming and running quantum computing programs.

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Quantum Computing Market; Augmented IT Industry Revenue to - GlobeNewswire

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Going beyond the exascale | symmetry magazine – Symmetry magazine

After years of speculation, quantum computing is heresort of.

Physicists are beginning to consider how quantum computing could provide answers to the deepest questions in the field. But most arent getting caught up in the hype. Instead, they are taking what for them is a familiar tackplanning for a future that is still decades out, while making room for pivots, turns and potential breakthroughs along the way.

When were working on building a new particle collider, that sort of project can take 40 years, says Hank Lamm, an associate scientist at the US Department of Energys Fermi National Accelerator Laboratory. This is on the same timeline. I hope to start seeing quantum computing provide big answers for particle physics before I die. But that doesnt mean there isnt interesting physics to do along the way.

Classical computers have been central to physics research for decades, and simulations that run on classical computers have guided many breakthroughs. Fermilab, for example, has used classical computing to simulate lattice quantum chromodynamics. Lattice QCD is a set of equations that describe the interactions of quarks and gluons via the strong force.

Theorists developed lattice QCD in the 1970s. But applying its equations provedextremely difficult. Even back in the 1980s, many people said that even if they had an exascale computer [a computer that can perform a billion billion calculations per second], they still couldnt calculate lattice QCD, Lamm says.

But that turned out not to be true.

Within the past 10 to 15 years, researchers have discovered the algorithms needed to make their calculations more manageable, while learning to understand theoretical errors and how to ameliorate them. These advances have allowed them to use a lattice simulation, a simulation that uses a volume of a specified grid of points in space and time as a substitute for the continuous vastness of reality.

Lattice simulations have allowed physicists to calculate the mass of the protona particle made up of quarks and gluons all interacting via the strong forceand find that the theoretical prediction lines up well with the experimental result. The simulations have also allowed them to accurately predict the temperature at which quarks should detach from one another in a quark-gluon plasma.

The limit of these calculations? Along with being approximate, or based on a confined, hypothetical area of space, only certain properties can be computed efficiently. Try to look at more than that, and even the biggest high-performance computer cannot handle all of the possibilities.

Enter quantum computers.

Quantum computers are all about possibilities. Classical computers dont have the memory to compute the many possible outcomes of lattice QCD problems, but quantum computers take advantage of quantum mechanics to calculate differently.

Quantum computing isnt an easy answer, though. Solving equations on a quantum computer requires completely new ways of thinking about programming and algorithms.

Using a classical computer, when you program code, you can look at its state at all times. You can check a classical computers work before its done and trouble-shoot if things go wrong. But under the laws of quantum mechanics, you cannot observe any intermediate step of a quantum computation without corrupting the computation; you can observe only the final state.

That means you cant store any information in an intermediate state and bring it back later, and you cannot clone information from one set of qubits into another, making error correction difficult.

It can be a nightmare designing an algorithm for quantum computation, says Lamm, who spends his days trying to figure out how to do quantum simulations for high-energy physics. Everything has to be redesigned from the ground up. We are right at the beginning of understanding how to do this.

Quantum computers have already proved useful in basic research. Condensed matter physicistswhose research relates to phases of matterhave spent much more time than particle physicists thinking about how quantum computers and simulators can help them. They have used quantum simulators to explore quantum spin liquid states and to observe a previously unobserved phase of matter called aprethermal time crystal.

The biggest place where quantum simulators will have an impact is in discovery science, in discovering new phenomena like this that exist in nature, says Norman Yao, an assistant professor at University of California Berkeley and co-author on the time crystal paper.

Quantum computers are showing promise in particle physics and astrophysics. Many physics and astrophysics researchers are using quantum computers to simulate toy problemssmall, simple versions of much more complicated problems. They have, for example, used quantum computing to test parts of theories of quantum gravity or create proof-of-principle models, like models of theparton showers that emit from particle colliderssuch as the Large Hadron Collider.

"Physicists are taking on the small problems, ones that they can solve with other ways, to try to understand how quantum computing can have an advantage, says Roni Harnik, a scientist at Fermilab. Learning from this, they can build a ladder of simulations, through trial and error, to more difficult problems.

But just which approaches will succeed, and which will lead to dead ends, remains to be seen. Estimates of how many qubits will be needed to simulate big enough problems in physics to get breakthroughs range from thousands to (more likely) millions. Many in the field expect this to be possible in the 2030s or 2040s.

In high-energy physics, problems like these are clearly a regime in which quantum computers will have an advantage, says Ning Bao, associate computational scientist at Brookhaven National Laboratory. The problem is that quantum computers are still too limited in what they can do.

Some physicists are coming at things from a different perspective: Theyre looking to physics to better understand quantum computing.

John Preskill is a physics professor at Caltech and an early leader in the field of quantum computing. A few years ago, he and Patrick Hayden, professor of physics at Stanford University, showed that if you entangled two photons and threw one into a black hole, decoding the information that eventually came back out via Hawking radiation would be significantly easier than if you had used non-entangled particles. Physicists Beni Yoshida and Alexei Kitaev then came up with an explicit protocol for such decoding, and Yao went a step further, showing that protocol could also be a powerful tool in characterizing quantum computers.

We took something that was thought about in terms of high-energy physics and quantum information science, then thought of it as a tool that could be used in quantum computing, Yao says.

That sort of cross-disciplinary thinking will be key to moving the field forward, physicists say.

Everyone is coming into this field with different expertise, Bao says. From computing, or physics, or quantum information theoryeveryone gets together to bring different perspectives and figure out problems. There are probably many ways of using quantum computing to study physics that we cant predict right now, and it will just be a matter of getting the right two people in a room together.

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Going beyond the exascale | symmetry magazine - Symmetry magazine

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Arqit Quantum Is Terrestrial For Now, But Will Go To Space – Seeking Alpha

mviamonte/iStock via Getty Images

The last time we covered Arqit Quantum (NASDAQ:ARQQ) was when it was still Centricus Acquisition Corp, the SPAC that we invested a small, speculative exposure in. The thesis remains mostly unchanged. Using symmetric keys is secure, given trust can be established between the parties sharing the key, and that this is basically the only tenable solution against quantum computing, which can break any encryption based on mathematics. The commercial value of the product is being backed up by early adopters who are signing up for long-term commitments with Arqit and have mission-critical data needs. Arqit will have gone from pre to post-revenue as of the end of 2021, and we believe that as an end of the world hedge, unlike crypto which could by the way be universally dismantled by quantum computing in a few instants, Arqit fits the bill perfectly.

The whole space of cybersecurity tends to be wholly underinvested. Not until a data breach occurs do most companies ever really think about their cybersecurity needs. Indeed, it's a segment that still has quite the room to grow.

Arqit Quantum

Companies that do understand the importance of cybersecurity are the ones that make up Arqit's already developing pipeline.

Arqit Quantum

The UK government, major Japanese conglomerates, IoT, telco and defense companies all make up the current pipeline. Companies like Babcock (OTCPK:BCKIF) and Northrop Grumman (NYSE:NOC) already have signed agreements with Arqit to both use and collaborate in developing as many use cases for Arqit's courier-like model for symmetric keys. The companies share a common need to protect data communications for mission-critical uses. In particular the defense companies are a vote of confidence for the use-cases and necessity of symmetric key courier infrastructure for data communication.

One of the key selling points of Arqit is also the fact that as opposed to dramatic infrastructure shifts or an arms race of encryption algorithms that might have otherwise been required to defend against the quantum threat, Arqit uses immutable and unbeatable properties of photon transmission in conjunction with encryption algorithms that have been used in the past by banks and governments, with literal couriers transporting them. Arqit is just an outsourced courier-like service that for now uses just the cloud and terrestrial data centers run its platform, but will eventually launch satellites with small, but exceptionally powerful computers that will be able to root keys that will be generated between recipients and senders of data using random numbers and a proprietary protocol. The addressable market is therefore every networked device between which safe transmission of data is desirable, and the system makes symmetric keys, which traditionally required high-levels of interparty trust in exchange for security, a totally trustless system.

The revenue and EBITDA projections, which are based on these recurring revenue contracts with the customers in the pipeline, amount to the following and imply the following multiples on forward earnings.

The Value Lab

While revenues and profits are only getting started in FY 2022, 2023 is when we start to see more meaningful EBITDA. With the addressable market including all interconnected devices where privacy is important, even at the 2025 forecast levels, we are of course still at a very nascent stage for this market.

The quantum threat is still a while away. People are not close to working a quantum computer yet, but the point is that it's inevitable, and if you aren't prepared the moment a quantum computer comes online, perhaps in the hands of a quite hostile government or entity, then it will be an instant before that quantum computer decrypts all your data for whatever purposes they might have had for it. With the core market of mission-critical use-cases already forming a nice revenue base for a recurring model with strong theoretical economics, and the further commercialization possible into the broader addressable market, the current valuation, while already acknowledging the uniqueness and timeliness of the Arqit offer, is probably a long way off from where it could be in the next 10-15 years when all networks are threatened by quantum attacks.

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Arqit Quantum Is Terrestrial For Now, But Will Go To Space - Seeking Alpha

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AI-flavored predictions for 2022 from Baidu The Register – The Register

Baidu Research's AI-centric "Top 10 Tech Trends in 2022" report has outlined the Middle Kingdom megacorp's predictions for technology over the coming year.

Baidu CTO Haifeng Wang describes AI as a "key driving force of innovation and development," thanks to rapidly evolving core technologies, cross-domain connectivity, and expanding applications.

It's no surprise that the list focuses on AI given Baidu's business domain. The Beijing-based company's search engine captures over 70 per cent of the Chinese market while also developing other products, particularly AI research and cloud computing. The research arm takes a deeper look at its associated technologies. Think Google but Chinese.

A similar list was produced by Alibaba's DAMO Academy earlier this month. Alibaba's business features e-commerce, cloud computing, AI, and fintech products among others. DAMO is its research arm.

Although DAMO's list features AI, it does so with less focus than Baidu Research, resulting in both overlapping predictions and completely different takes.

Not mentioned by Baidu Research but included in DAMO's list were the use of silicon photonic chips for high-speed data transmission and replacing electronic chips in computing, and soft-bodied robotics whose flexibility and enhanced perception could potentially change the course of manufacturing industry.

Three areas Baidu Research covered that Alibaba did not are autonomous driving, inclusivity, and the integration of quantum hardware and software. The pair had similar thoughts when it comes to foundation models, AI's effect on science, and privacy computing. Space exploration, humans merging with robots, and sustainability factors made both company's lists, albeit with different approaches or outlooks.

Given that Baidu operates an L4 autonomous taxi service in a 60km2 area of Beijing, it's not surprising that the list might refer to robocars as "the next generation of vehicles that will give rise to a revolution in transportation," although the company doesn't give too much detail on what that will look like.

Baidu said AI will become more inclusive, but in a convoluted way: small and medium-sized enterprises will be able to access open-source platforms to improve their businesses, thus supporting more diverse sources of innovation.

Already becoming widely implemented, Baidu Research thinks the technology should continue to improve by increasing qubits in scale and reducing or adapting to noise.

Users will start having access to more back-end options on cloud-native quantum computing platforms, gradually proving commercial potential for the integration of quantum hardware and software.

"Government agencies, academia and the industry will collaborate more closely to build high-quality quantum devices and cultivate quantum technology talent, taking the first steps toward creating a quantum computing industry chain," Baidu Research predicted.

Both the trend lists featured the self-supervised large-scale models trained on big data known as foundation models, and both predicted the world will see smaller ones as research and development shifts from attempts to increase the model size toward practical deployment.

"For example, built upon cross-modal large models, AI will drive the adoption of AIGC (AI Generated Content), which promises to spur creative cognition, improve content diversity and reduce production costs," said Baidu Research.

AI for science and medical uses is already pervasive. Baidu Research reckons it will further fuse data-driven and theoretical deduction and play a greater role in furthering fundamental discoveries.

In particular, the research arm expects AI-powered computational biology, spurred on by the success of mRNA vaccine technology, will be on the rise. Precision medicine will have an uptake as costs decline.

In an environment where security and compliance has become critical, thanks in part to global regulations, Baidu Research said privacy computing is not far off from development in areas like computational biology, financial analysis, and data regulations. Additionally, in the long-run, privacy computing technology may "push encrypted data circulation and computing by default," thereby creating an "infrastructure for user confidence."

Similarly, Alibaba said advanced algorithms for homomorphic encryption, which enables calculations on data without decrypting it, will hit a critical point reducing the need for computing power to support the encryption. The emergence of data trust entities to assist in sharing the sets across organizations was also mentioned.

Baidu Research also thinks AI is going to take hold in outer space, with sensor-loaded decision-making autonomous spacecraft roaming around extra-terrestrial planets carrying robotic arms, not only conducting scientific studies, but also mining moons and planets for resources, empowered by lessons learned in construction machinery automation to excavate continuously 24 hours a day. Oh yeah, and these spacebots are self-repairing as they build space laboratories and analyse big data. Really, they do everything.

Alibaba's space predictions of the future were less imaginative, focusing on the very real demand for increased satellite connectivity and how they can improve through increased interconnectivity.

With social distancing kickstarting human digital presence, and continuing to be a necessity for many for the foreseeable future, Baidu Research said humans will continue to morph into avatars and robots. Of course, AI will play a role as it infiltrates and replicates human senses and XR (extended reality) improves.

As cyborg tech becomes the norm, more platforms will want in on the market. As a result, the world will see more virtual and real mashup experiences, both in consumer situations and professional life, not only reinforcing the digital economy, but also merging with the "real" economy.

Alibaba addressed the concept of human and machine mashups, but kept it simple, with XR glasses being what drives the success of technologies such as cloud-edge computing, network communications, and digital twins.

As for going green, Baidu painted a picture of AI equipment operating in a more sustainable manner. For instance, AI processors with higher computing power and lower energy consumption will continue to be invented, but also AI technology can be applied to tasks like improving energy efficiency ratios.

Meanwhile, Alibaba's green predictions centre around how AI can help connect the dots of things like renewable energy. For instance, "intelligent scheduling using deep learning techniques could optimise scheduling policies across energy sources like wind, solar, and hydroelectric."

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Two Rochester researchers named AAAS fellows : NewsCenter – University of Rochester

January 26, 2022

Two University of Rochester faculty members have been elected fellows of the American Association for the Advancement of Science (AAAS). Nicholas Bigelow, the Lee A. DuBridge Professor of Physics and a professor of optics, and Michael Scott, the Arthur Gould Yates Professor of Engineering and also a professor in and chair of the computer science department, are among 564 members of the association recognized this year for their scientifically or socially distinguished efforts on behalf of the advancement of science or its applications.

Bigelow has helped advance the understanding of quantum physics and quantum optics through his pioneering research on the interactions between light and matter. His lab uses laser light to cool atoms to nearly absolute zero temperatures to better manipulate and study them.

Bigelows current projects include creating and manipulating Bose-Einstein condensatesa quantum state of matter made from an atomic gas cooled to temperatures close to absolute zeroand investigating the quantum nature of atom-photon interactions. This research has important applications in areas of quantum mechanics such as quantum computing and sensing. He is also director of the NASA-funded Consortium for Ultracold Atoms in Space and the principal investigator of cold atom experiments running aboard the International Space Station.

Bigelow joined the faculty of the University of Rochester in 1992 and served as chair of the Department of Physics and Astronomy from 2008 to 2014.

He has twice received the Universitys Society of Physics Students Award for Excellence in Undergraduate Teaching (in 1998 and 2006) and has held various positions in University governance and leadership, including serving as chair of the Board on Academic Honesty for the College from 1998 to 2004, chair of the University of Rochester Presidential Search Committee in 2004, cochair of the Universitys Middle States Accreditation Committee, and chair of the Faculty Senate.

Bigelow is a fellow of the American Physical Society and of Optica (formerly OSA, or the Optical Society of America).

Scotts widely cited research focuses primarily on systems software for parallel and distributed computing, including developing new ways to share data among concurrent activities, to automate its movement and placement, and to protect it from accidental loss or corruption.

He is best known as a cocreator of the MCS mutual exclusion lock and as the author of Programming Language Pragmatics, one of the definitive and most widely used textbooks on programming language design and implementation. Several algorithms from Scotts research group have been incorporated into the standard library of the Java programming language.

He is a fellow of the Association for Computing Machinery (ACM) and the Institute of Electrical and Electronics Engineers (IEEE). In 2006, he shared the Edsger W. Dijkstra Prize in Distributed Computing.

Scott, who joined the faculty in 1985, also chaired the Department of Computer Science from 1996 to 1999, and was interim chair for six months in 2007, and again in 2017. He received the Universitys Robert and Pamela Goergen Award for Distinguished Achievement and Artistry in Undergraduate Teaching in 2001, the William H. Riker Award for Graduate Teaching in 2020, and the Lifetime Achievement Award from the Hajim School of Engineering & Applied Sciences in 2018.

He has played an active role in University governance, including serving as cochair of the Faculty Advisory Committee for the presidential search in 2018.

Ultimate vacuum chamber creates nothing

Nicholas Bigelows lab conducts experiments using a box of nothing, an ultimate vacuum chamber that allows researchers to interact with and manipulate atoms. But is nothing ever possible? How have scientists, philosophers, and mathematicians thought about the concept of nothing throughout history and up to the present?

Tags: Arts and Sciences, award, Department of Computer Science, Department of Physics and Astronomy, Hajim School of Engineering and Applied Sciences, Institute of Optics, Michael Scott, Nicholas Bigelow

Category: Science & Technology

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Last chance to register for the ‘Local meets global: The value of cloud hosting in the Middle East’ webinar – ITP.net

ITP.net is excited to host the Local meets global: The value of cloud hosting in the Middle East webinar, in collaboration with CommScope and Moro Hub, to shed light on how regional companies can take advantage of cloud hosting services to become competitive in the global business landscape.

Featuring top industry experts including Hans-Jrgen Niethammer, Market Development Strategic Cloud Business EMEA/APAC at CommScope; Arif AlMalik, Chief Digital Products Officer at Moro Hub; and Shoaib Yousuf, Partner at Boston Consulting Group (BCG), the webinar will explore how cloud hosting can help organisations transform and grow with the cloud without worrying about the high costs of implementation and operations.

The global cloud market is estimated to total $474 billion in 2022, up from $408 billion in 2021, according to Gartner. As organisations continue to develop digital services to enhance customer experiences, the cloud will unquestionably head towards an upward trajectory.

Throughout the webinar, our expert panel will address key questions facing businesses today such as: How have investment priorities around the cloud evolved? What differentiates cloud hosting from traditional hosting? How can organisations determine which cloud hosting partner is right for them? And, the most important question of all, what makes cloud hosting the ideal path towards cloud success?

While cloud hosting is not a panacea, it is important to gain a deeper understanding of how your organisation can leverage its benefits so that you are not left behind on the cloud revolution.

Dont miss your chance to get top-notch insights on the cloud and the advantages of cloud hosting from industry leaders. Registerhere.

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Last chance to register for the 'Local meets global: The value of cloud hosting in the Middle East' webinar - ITP.net

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SageNext, a cloud hosting provider for Tax and Accounting, Releases a Comprehensive Guide to Help Prevent Ransomware Attacks in 2022 – PR Web

Ransomware is more about manipulating vulnerabilities in human psychology than the adversary's technological sophistication James Scott, Sr. Fellow, Institute for Critical Infrastructure Technology

AUGUSTA, Ga. (PRWEB) January 19, 2022

A Complete Guide : Countering Ransomware in 2022

Sagenext Infotech, a US-based IT company committed to creating world-class cloud hosting solutions for Small and Medium businesses, bookkeepers, professional accountants, and CPAs, has just released a very comprehensive and factual guide on ransomware attacks, preventive measures, and counter the aftermath in 2022. The guide helps computer users protect themselves against these attacks, and prevent them from happening in the first place.

As a part of their commitment to delivering a superior level of shared hosting services, the cloud hosting services company located in Augusta, Georgia USA, went a step further to devote some resources a few weeks ago to extensive research about Ransomware.

What is ransomware?

Ransomware malware is a type of malicious software that locks users out or encrypts their files, thereby preventing them from accessing these files. It then demands that users pay a ransom, in order to get a decryption key that will unlock or decrypt the files and give them back access to their data.

The Sagenext team took it upon themselves to create this guide as these ransomware attacks have been on the rise in the past couple of years. In fact, according to the Federal Bureau of Investigation (FBI), 4,000 ransomware attacks occur every day on average, and if you include the ransom paid to the perpetrators and the money spent in assets recovery, the cost is upwards of $1 billion every year.

What the guide is all about

The guide detailed the differences between ransomware attacks and other forms of malware like viruses, trojan horses, spyware, and adware. It equally discussed the history of ransomware, starting from the first recorded ransomware occurrence in 1989, and went on to discuss recent popular attacks that took place in the US and other places and how they affected the businesses involved.

In addition to that, it includes detailed step-by-step action points on how to prevent an attack and how to respond to one in case it occurs. It also discusses the impact ransomware attacks have on businesses including the loss of C-level talent, financial losses due to the revenue paid, disruption of regular activities, like what happened to JBS Foods, and the potential harm to the reputation of the affected organization.

Why Sagenext created the popular ransomware guide

Through this guide, Sagenext hopes to educate the public on the subject of ransomware. Their goal is to help end-users see the honest mistakes they could be making that make them vulnerable to these attacks. But to make it better, through the guide, users can learn how not to fall victim to email phishing, malvertisement, and other tricky methods that cybercriminals employ to perpetrate their act.

Backed up by a team of Microsoft-certified engineers, cloud computing experts, and network technicians, Sagenext is committed to leveraging the best technological resources to ensure efficient conjunction of software and business data in the cloud. And to prove their commitment, their research team has created this detailed guide to help end-users protect themselves against ransomware attacks and prevent them from happening.

For further readingWebsite: Tackling Ransomware in 2022

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Report: Cloud adoption grew 25% in the past year – VentureBeat

Did you miss a session from the Future of Work Summit? Head over to ourFuture of Work Summit on-demand libraryto stream.

A new report from Palo Alto Networks found that the COVID-19 pandemic affected cloud adoption strategies for nearly every organization over the past year. Data from the report showed that businesses moved quickly in order to respond to increased cloud demands: nearly 70% of organizations are now hosting more than half of their workloads in the cloud, and overall cloud adoption has grown by 25% in the past year.

That said, the struggle to automate security was palpable, and no matter the reason an organization moves workloads to the cloud, security remains consistently challenging. Respondents noted that the top three challenges in moving to the cloud were maintaining comprehensive security, managing technical complexity, and meeting compliance requirements.

Furthermore, Palo Alto Networks analysis found that successful transformations are more likely when an organization has a cohesive strategy for moving to the cloud a driving factor behind the program. And, organizations that embrace security and automation as part of that cloud adoption strategy show a better number of better business outcomes.

Case in point: 80% of organizations with strong cloud security posture reported increased workforce productivity, and 85% of those with low friction between security and development (DevOps) teams report the same. More specifically, organizations that tightly integrate DevSecOps principles are over seven times more likely to have a very strong security posture. This is independent of industry, budget, country, or other demographic categories.

Other findings in the report include key differences in the ways organizations are allocating budget for cloud and cloud security; the organizational practices that differentiate teams with strong cloud security posture from those with a weak security posture; and the common strategies successful organizations share in achieving secure cloud transformations.

For its report, Palo Alto Networks surveyed 3,000 global professionals working in cloud architecture, InfoSec, and DevOps across five countries to understand the practices, tools and technologies that companies are using to secure and manage cloud native architectures.

Read the full report by Palo Alto Networks.

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Report: Cloud adoption grew 25% in the past year - VentureBeat

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