It is like any technological revolution, those who can board the train when it is accelerating will gain an advantage. Maintaining Israel’s global status as a “Startup Nation” also requires being a leading and significant player in this field..
The Israel Innovation Authority has today announced the formation of the largest consortium in its history, with the aim of developing Israel’s quantum computing technologies with a budget of NIS 115 million.
Both China and the United States, among others, have already started national initiatives for this new paradigm. Israel is also placing bets on quantum computing.
Israel is setting up the world’s first research and development center of its kind for quantum computing.
Classiq, which provides a breakthrough Quantum Algorithm Design platform, today announced that it is working with NTT DATA to implement novel credit risk analysis algorithms using quantum computers. Credit risk analysis exists to determine the creditworthiness of borrowers or vendors to quantify and limit the risk of loss to the lender.
Closer to a Simple and Efficient Method of Quantum Encryption Image Credit: Lars Lüder Quantum computers will revolutionize our computing lives. For some critical
Quantum Machines, creator of the first universal quantum computing cloud infrastructure, today announced an investment from Qualcomm Ventures LLC. The investment in Quantum Machines is the first by Qualcomm Ventures in the Quantum Computing space and is an extension of the company’s Series B round announced earlier this year.
Quantum technology has opened a whole new world of potential advances in secure communications, information technology and high precision sensors. This technology is poised to provide solutions to some of the most pressing challenges in health care, industry and security. Ion beams find application in developing the innovative materials needed for new quantum technologies. “The IAEA is fully engaged with worldwide initiatives in quantum technology,” said Aliz Simon, a nuclear physicist at the IAEA. “Ion beam accelerator techniques offer emerging opportunities to further explore and develop research in quantum technology.”
Classiq addresses the challenges in the development of quantum computing by bridging the gap of complex quantum logic. The company builds a new layer of the quantum software stack, increasing the level of abstraction and allowing developers to implement their ideas and concepts without the need to design the specific quantum circuit at the gate level.
HUB Security Releases Pocket Size Quantum Protection HUB Security announces the first-ever product enabling absolute data security on the edge based on a QRNG component.
