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Australias National Supercomputing and Quantum Computing Innovation Hub is set to use Nvidia Grace Hopper Superchips to push the boundaries of quantum computing. In a news release sent to Toms Hardware, Nvidia says that the Pawsey Supercomputing Research Centre in Perth will deploy eight Nvidia Grace Hopper Superchip nodes to power the open-source CUDA Quantum computing platform. It is expected that the new supercomputer will be able to deliver up to 10x higher processing performance than the center has access to now.

The stated purpose of the Grace Hopper Superchip nodes in Pawsey is for researchers at the center to run powerful simulation tools and hopefully make breakthroughs in fields like algorithm discovery, device design, quantum machine learning, chemistry simulations, image processing for radio, astronomy, financial analysis, bioinformatics, and more. It is also hoped to advance scientific exploration in Australia and the world.

The Nvidia Grace Hopper Superchips Grace CPU and Hopper GPU architectures are central to the above aspirations and the Nvidia cuQuantum software development kit. This powerful hardware and software melding forms the green teams open-source hybrid quantum computing platform, known more succinctly as the CUDA Quantum platform.

At Pawsey, eight Grace Hopper Superchip nodes based on the Nvidia MGX modular architecture will be deployed, according to the press release we received. It explains that GH200 Superchips eliminates the need for a traditional CPU-to-GPU PCIe connection by combining an Arm-based Nvidia Grace CPU with an Nvidia H100 Tensor Core GPU in the same package, using Nvidia NVLink-C2C chip interconnects MGX modular architecture. A significant benefit of the new interconnects is that the bandwidth between the GPU and CPU is seven times greater than the latest PCIe technology. Moreover, the researchers in Australia are looking forward to a ten-fold increase in application performance when processing data sets measured in terabytes.

We asked Nvidia for some more technical details about the Superchip nodes at Pawsey. It turns out that each node will be using 'just' a single GH200 with Grace CPU and a H100 96GB of HBM3. Thus, the new installation at Pawsey Supercomputing Research Centre in Perth will feature eight nodes each with one GH200 for a total of 8x GH200 (8x Grace CPU and 8x H100 96GB GPU).

One of the other major appealing features of the Nvidia CUDA Quantum platform is that it offers a hybrid solution bridging the worlds of quantum and classical computing. Nvidia claims it is a first-of-its-kind and enables dynamic workflows across disparate system architectures. Researchers can use this platform to integrate and program quantum processing units (QPUs), GPUs, and CPUs in one system. It is also, of course, GPU-accelerated for scalability and performance.

The installation of the new Nvidia Grace Hopper Superchip nodes at Pawsey isnt purely for advancing knowledge or solving some esoteric scientific problems. The Australian government also reckons investments like this make good business sense. According to Australias national science agency, the domestic market opportunity offered by quantum computing is set to be worth $2.5 billion per annum. Additionally, it is estimated that quantum advances could create 10,000 new Australian jobs by 2040.

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Nvidia Grace Hopper Superchip poised to push the boundaries of quantum computing in Australia - Tom's Hardware

Rolls-Royce plans to use quantum computing to figure out how to run nuclear power plants remotely. Through the Quantum Technology Access Programme (QTAP), the manufacturer aims to build small, autonomous nuclear reactors that could operate safely in remote mining colonies and on the Moon and Mars.

During the programme, Rolls-Royce used data from the Fukushima nuclear event to investigate the feasibility of a quantum machine learning model to identify potentially hazardous situations quickly. This would enable the reactor to operate safely and be shut down if necessary, with minimal human involvement.

QTAP provides access to quantum computing and experts from Riverlane and Orca Computing. Its goal is to assist companies in trialling novel use cases to demonstrate the potential for quantum technology to transform critical parts of the UK economy.

Jonathon Adams, assistant chief engineer at Rolls-Royce, said: The Novel Nuclear team at Rolls-Royce is very future focused, seeking to develop revolutionary new technologies and explore energy-efficient applications for nuclear power on Earth and in space.

Quantum technologies, including quantum computing, will be an enabler for this over the next 15 years. Its important that we develop an understanding of how and when we can adopt this technology. The Digital Catapult Quantum Technology Access Programme has been a timely boost to this effort.

Rolls-Royce is among a number of organisations that are working with the QTAP programme to identify applications of quantum computing-based optimisation. Other organisations involved in the programme include Arup, Airbus and the Port of Dover. During a demo day organised by Digital Catapult, the UK authority on advanced digital technology, participating companies including DNV Services UK and Bahut tested optimisation applications on the Orca PT-1 quantum computer.

Another optimisation example demonstrated was one from SeerBI, which used a quantum machine learning model to predict shipments that were at risk of late arrival.

Owain Brennan, CEO of SeerBI, said: The QTAP programme has proved invaluable for our team so far. We have been able to pick up new skills and interact with technology that, at the start of the programme, we didnt even know existed. Applying this technology to our problem area of logistics and on-time delivery classification using quantum binary classification opened our eyes to a different way of looking at problems.

We would like to give out thanks to the digital catapult team for their support and Orca Computing for access to their systems and SDK [software developer kit] throughout the programme.

According to Digital Catapult, the quantum computer successfully solved industrial problems, demonstrating the potential to solve more complex and sophisticated challenges in the future.

Digital Catapults director of innovation practice, Katy Ho, said: The remarkable success achieved on QTAP underscores the increasing interest in quantum computing within industry. From its inception to the showcase, participating companies have consistently shown commitment to enhancing their understanding of quantum technology.

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Rolls-Royce looks at viability of quantum computing in nuclear safety - ComputerWeekly.com

Traditional computers use binary bits, but quantum computers leverage qubits, enabling faster processing. Conventional semiconductors operate on a binary system, like Nvidia H100s, where each transistor represents a 1 or 0.This will become a central part of this IONQ stock outlook later on.

Quantum computing, however, operates on a different principle, utilizing quantum bits (qubits) that can exist in multiple states simultaneously. This allows quantum systems to perform exponentially more calculations than classical systems.

IonQs (NYSE:IONQ) recently achieved a significant milestone in quantum technology, hinting at its potential to revolutionize computing. Its trapped ion tech minimizes QPU size, enhancing power and reducing costs and errors.

As IonQ emerges as a top contender in the quantum computing stocks arena, it has marked a remarkable 117% surge in share price over the past year. Despite a modest 10% gain year-to-date, it presents a suitable entry point for investors.

IonQ, a quantum computing leader, unveiled the USs inaugural quantum computing manufacturing hub in Bothell, WA. The expanded facility accommodates research, development, and production.

The company inaugurated the first US-based factory producing replicable quantum computers for client data centers, enhancing technology innovation and manufacturing in the Pacific Northwest. CEO Peter Chapman highlighted IonQs commitment to commercializing quantum computing.

Sen. Maria Cantwell was also there to show her unending support for IonQ during the ribbon-cutting ceremony. She noted the companys hard work and dedication in innovating quantum computing. She emphasized quantum computings transformative potential in various fields. This is central to this IONQ stock outlook.

IonQ continues its streak of success, achieving milestones like #AQ35 ahead of schedule and expanding partnerships with Amazon Braket and QuantumBasel. It collaborates with global giants and secures projects with the US Air Force Research Lab.

In other news, IonQ renews its partnership with SKKU in South Korea, offering continued access to IonQs quantum systems. This fosters innovation and strengthens South Koreas position in quantum computing.

SKKU Professor Yonuk Chong expressed satisfaction with IonQs research outcomes and commitment to future collaboration. South Korea aims to lead in quantum computing, supported by IonQs tangible contributions. This announcement aligns with IonQs broader efforts in South Korea, including partnerships with Hyundai Motors and the government.

In Q3 2023, IonQ achieved significant year-over-year revenue growth of 122%, signaling strong performance and technological advancements. It also showed several bookings totaling to $26.3 million. This surpassed expectations and demonstrated how in demand IonQ is.

When 2023 closed, IONQ achieved its target to $100 million of cumulative bookings since 2021. The company also altered its revenue forecast to $22 million, showing its confidence in achieving such targets through contract milestones.

Moreover, it raised its 2023 booking guidance to $60-63 million, reflecting sustained demand. IONQ introduced Forte Enterprise and Tempo systems to target diverse market needs, emphasizing compactness and compatibility with existing infrastructure.

Milestones achieved, such as reaching AQ 29, underscore IONQs forefront position in trapped-ion quantum computing.

IonQs major clients comprise research labs and government bodies like the U.S. Air Force Research Lab and QuantumBasel in Switzerland. Collaborations with Seoul National University in South Korea indicate expansion into academia, and these tie ups suggest theres some powerful money and minds behind IonQ and its innovative goals.

While the roadmap to profitability may take years to play out, I do think IonQ remains intriguing as a speculative buy. I wouldnt recommend any investor put all their chips behind this stock. Its far too risky a bet, and should be lumped in with other high-potential growth stocks in the riskier end of a portfolios barbell strategy.

But for those seeking the next big thing beyond AI, quantum computing is a space to consider for long-term growth. Right now, IonQ looks like a company that could be a winner in this space, though time will tell. This concludes my IONQ stock outlook.

On the date of publication, Chris MacDonald did not have (either directly or indirectly) any positions in the securities mentioned in this article.The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.

Chris MacDonalds love for investing led him to pursue an MBA in Finance and take on a number of management roles in corporate finance and venture capital over the past 15 years. His experience as a financial analyst in the past, coupled with his fervor for finding undervalued growth opportunities, contribute to his conservative, long-term investing perspective.

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IONQ Stock Outlook: Why This Quantum Computing Play Could Be a Long-Term Winner - InvestorPlace

The new 105,000 sq. ft. WA facility built by IonQ is the first known dedicated quantum computing manufacturing facility in the country.

Quantum computing can help us fight disease, develop better energy sources, and solve complicated problems.

U.S. Senator Maria Cantwell (D-WA) visited quantum computing company IonQ for a press conference, ribbon cutting, and tour to celebrate the grand opening of the companys newly expanded Bothell location.

The quantum computing industry has the potential to add thousands of new jobs here in the Pacific Northwest jobs at all skill levels, from technicians to software developers, said Sen. Cantwell. Our region is already known worldwide for our innovation and leadership. And this facility will continue to build on that We are becoming the Quantum Valley, if you will, of the United States.

IonQ is a leader in quantum computing that promises to deliver high-performance computers capable of solving some of the worlds largest and most complex commercial and research use cases. The new 105,000-square-foot Bothell facility marks the first known dedicated quantum computing manufacturing facility in the U.S. and will house IonQs growing R&D and manufacturing teams.

Quantum computing is a still-developing technology that if successful can channel the laws of quantum mechanics to process an enormous amount of information and solve problems too complex for traditional binary code computers. Quantum computing has the potential to help tackle some of the worlds biggest challenges, from fighting diseases to developing better sustainable energy sources.

With about 350,000 tech jobs in 2023, the State of Washington has the highest state concentration of tech workers in the country, and the state employs the largest number of people in emerging technology jobs such as in artificial intelligence and quantum. And just yesterday, GeekWire reported on a new study which found that Seattle is the top city in the country for hiring elite software engineers, and one of the top cities in the world for this level of talent.

As the lead negotiator behind the 2022 CHIPS & Science Act and chair of the Senate Committee on Commerce, Science, and Transportation, Sen. Cantwell has been working hard to help industry and academia translate ideas developed in a lab into products and solutions for the American people. She helped authorize $20 billion for a new Tech Directorate program at the National Science Foundation to focus on translational science in 10 key developing areas, including quantum technology.

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Nations First Quantum New Computing Manufacturing Facility in Bothell - Everett Post