Category Archives: Quantum Computing

The latest breakthrough in the field of quantum computing could pave the way for complex simulations that tell us about the earliest moments of the universe and more.

A team of researchers from the University of Waterloo, Canada, claims to have performed the first ever simulation of baryons (a highly complex type of subatomic particle) on a quantum computer.

To achieve this goal, the researchers paired a traditional computer with a quantum machine in the cloud, and developed from scratch a quantum algorithm that was resource-efficient enough to allow the system to shoulder the workload.

Until now, computers have only been able to simulate the composite elements of baryons (which are made up of three quarks), but the research paper shows its possible to perform detailed quantum simulations with many baryons.

Although the science is complex, the broad significance is this: scientists will be able to simulate aspects of physics completely out of reach for traditional supercomputers.

According to the researchers, the breakthrough represents a landmark step towards overcoming the limitations of classical computing and allowing the massive potential of quantum computers to be realized.

This is an important step forward - it is the first simulation of baryone on a quantum computer ever, said Christine Muschik, faculty member at the Institute for Quantum Computing (IQC). Instead of smashing particles in an accelerator, a quantum computer may one day allow us to simulate these interactions that we use to study the origins of the universe and so much more.

More specifically, researchers will be able to simulate complex lattice gauge theories, which describe the physics of reality. So-called non-Abelian gauge theories are said to be particularly attractive candidates for quantum simulation, as they relate to the stability of matter in the universe.

While the most powerful traditional computers are able to simulate simple non-Abelian gauge theories, only a quantum computer (as has now been proven) can perform the complex simulations necessary to unpack the inner workings of the universe.

Whats exciting about these results for us is that the theory can be made so much more complicated, added Jinglei Zhang, another researcher at the IQC. We can consider simulating matter at higher densities, which is beyond the capability of classical computers.

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Quantum computing breakthrough may help us learn about the earliest moments of the universe - TechRadar

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IBM Launches Its First Quantum Computing Certification | The Info-Tech Brief - Oakland News Now

Today, investors inQuantum Computing(NASDAQ:QUBT) are seeing a lot of green. Shares of QUBT stock are currently up more than 7%, as the market dips following a green start to the day.

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It appears certain groups of stocks are outperforming today. Among the group investors have their eye on right now are quantum computing plays.

One of the reasons for this is some key technological breakthroughs and announcements at todays virtual GTC conference held byNvidia(NASDAQ:NVDA). With an eye on where the future of advanced computing is headed, investors appear increasingly enticed by smaller-cap plays in this sector as well.

Indeed, the growth potential of the quantum computing space is a big deal. However, there are a number of big names currently looking to dominate this space. Among the competitors Quantum Computing is up against isAmazon(NASDAQ:AMZN), for example.

However, today investors have a company-specific catalyst theyre jumping on with this stock. Lets dive into whats behind todays rise in QUBT stock.

The problem with the quantum computing space right now is theres a lot thats still theoretical about this space. However, when the opportunity arises for quantum computing companies to put their technology to work in real world situations, investors start paying attention.

The BMW Group Quantum Computing Challenge is one of the premier events in the quantum computing space. Participants highlight their technologies in various use-case challenges. This year, Quantum Computing proved to be one of the stars of the show.

Quantum Computing announced today that the company has been selected as one of three finalists for this challenge in the vehicle sensor placement use case. Essentially, this challenge requires participants to locate optimal configurations of a vehicle sensor to detect obstacles in various driving conditions. Sounds like a viable real-world use case to me.

These results are bullish for investors who may have a hard time believing the hype around QUBT stock. A company with a market capitalization of less than $200 million, Quantum Computing provides growth investors with a tremendous amount of upside. However, how quickly the market chooses to adopt these technologies is uncertain.

For now, investors have a catalyst to rely on for the near term, at least. Accordingly, this is a company that appears to have generated a significant amount of interest among growth investors today.

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.

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QUBT Stock: The News Sending Quantum Computing Higher Today - InvestorPlace

Nov 8th 2021

by By the Science and technology correspondents of The Economist

The astonishingly rapid development and rollout of coronavirus vaccines has been a reminder of the power of science and technology to change the world. Although vaccines based on new mRNA technology seemed to have been created almost instantly, they actually drew upon decades of research going back to the 1970s. As the saying goes in the technology industry, it takes years to create an overnight success. So what else might be about to burst into prominence? Here are 22 emerging technologies worth watching in 2022

It sounds childishly simple. If the world is getting too hot, why not offer it some shade? The dust and ash released into the upper atmosphere by volcanoes is known to have a cooling effect: Mount Pinatubos eruption in 1991 cooled the Earth by as much as 0.5C for four years. Solar geoengineering, also known as solar radiation management, would do the same thing deliberately.

This is hugely controversial. Would it work? How would rainfall and weather patterns be affected? And wouldnt it undermine efforts to curb greenhouse-gas emissions? Efforts to test the idea face fierce opposition from politicians and activists. In 2022, however, a group at Harvard University hopes to conduct a much-delayed experiment called SCoPEX. It involves launching a balloon into the stratosphere, with the aim of releasing 2kg of material (probably calcium carbonate), and then measuring how it dissipates, reacts and scatters solar energy.

Proponents argue that it is important to understand the technique, in case it is needed to buy the world more time to cut emissions. The Harvard group has established an independent advisory panel to consider the moral and political ramifications. Whether the test goes ahead or not, expect controversy.

Keeping buildings warm in winter accounts for about a quarter of global energy consumption. Most heating relies on burning coal, gas or oil. If the world is to meet its climate-change targets, that will have to change. The most promising alternative is to use heat pumpsessentially, refrigerators that run in reverse.

Instead of pumping heat out of a space to cool it down, a heat pump forces heat in from the outside, warming it up. Because they merely move existing heat around, they can be highly efficient: for every kilowatt of electricity consumed, heat pumps can deliver 3kW of heat, making them cheaper to run than electric radiators. And running a heat pump backwards cools a home rather than heating it.

Gradient, based in San Francisco, is one of several companies offering a heat pump that can provide both heating and cooling. Its low-profile, saddle-bag shaped products can be mounted in windows, like existing air conditioners, and will go on sale in 2022.

Electrifying road transport is one thing. Aircraft are another matter. Batteries can only power small aircraft for short flights. But might electricity from hydrogen fuel cells, which excrete only water, do the trick? Passenger planes due to be test-flown with hydrogen fuel cells in 2022 include a two-seater being built at Delft University of Technology in the Netherlands. ZeroAvia, based in California, plans to complete trials of a 20-seat aircraft, and aims to have its hydrogen-propulsion system ready for certification by the end of the year. Universal Hydrogen, also of California, hopes its 40-seat plane will take off in September 2022.

Carbon dioxide in the atmosphere causes global warming. So why not suck it out using machines? Several startups are pursuing direct air capture (DAC), a technology that does just that. In 2022 Carbon Engineering, a Canadian firm, will start building the worlds biggest DAC facility in Texas, capable of capturing 1m tonnes of CO2 per year. ClimeWorks, a Swiss firm, opened a DAC plant in Iceland in 2021, which buries captured CO2 in mineral form at a rate of 4,000 tonnes a year. Global Thermostat, an American firm, has two pilot plants. DAC could be vital in the fight against climate change. The race is on to get costs down and scale the technology up.

A new type of agriculture is growing. Vertical farms grow plants on trays stacked in a closed, controlled environment. Efficient LED lighting has made the process cheaper, though energy costs remain a burden. Vertical farms can be located close to customers, reducing transport costs and emissions. Water use is minimised and bugs are kept out, so no pesticides are needed.

In Britain, the Jones Food Company will open the worlds largest vertical farm, covering 13,750 square metres, in 2022. AeroFarms, an American firm, will open its largest vertical farm, in Daneville, Virginia. Other firms will be expanding, too. Nordic Harvest will enlarge its facility just outside Copenhagen and construct a new one in Stockholm. Plenty, based in California, will open a new indoor farm near Los Angeles. Vertical farms mostly grow high-value leafy greens and herbs, but some are venturing into tomatoes, peppers and berries. The challenge now is to make the economics stack up, too.

Ships produce 3% of greenhouse-gas emissions. Burning maritime bunker fuel, a dirty diesel sludge, also contributes to acid rain. None of this was a problem in the age of sailwhich is why sails are making a comeback, in high-tech form, to cut costs and emissions.

In 2022 Michelin of France will equip a freighter with an inflatable sail that is expected to reduce fuel consumption by 20%. MOL, a Japanese shipping firm, plans to put a telescoping rigid sail on a ship in August 2022. Naos Design of Italy expects to equip eight ships with its pivoting and foldable hard wing sails. Other approaches include kites, suction wings that house fans, and giant, spinning cylinders called Flettner rotors. By the end of 2022 the number of big cargo ships with sails of some kind will have quadrupled to 40, according to the International Windship Association. If the European Union brings shipping into its carbon-trading scheme in 2022, as planned, that will give these unusual technologies a further push.

Most people do not do enough exercise. Many would like to, but lack motivation. Virtual reality (VR) headsets let people play games and burn calories in the process, as they punch or slice oncoming shapes, or squat and shimmy to dodge obstacles. VR workouts became more popular during the pandemic as lockdowns closed gyms and a powerful, low-cost headset, the Oculus Quest 2, was released. An improved model and new fitness features are coming in 2022. And Supernatural, a highly regarded VR workout app available only in North America, may be released in Europe. Could the killer app for virtual reality be physical fitness?

The impressive success of coronavirus vaccines based on messenger RNA (mRNA) heralds a golden era of vaccine development. Moderna is developing an HIV vaccine based on the same mRNA technology used in its highly effective coronavirus vaccine. It entered early-stage clinical trials in 2021 and preliminary results are expected in 2022. BioNTech, joint-developer of the Pfizer-BioNTech coronavirus vaccine, is working on an mRNA vaccine for malaria, with clinical trials expected to start in 2022. Non-mRNA vaccines for HIV and malaria, developed at the University of Oxford, are also showing promise.

For years, researchers have been developing techniques to create artificial organs using 3D printing of biological materials. The ultimate goal is to take a few cells from a patient and create fully functional organs for transplantation, thus doing away with long waiting-lists, testing for matches and the risk of rejection.

That goal is still some way off for fleshy organs. But bones are less tricky. Two startups, Particle3D and ADAM, hope to have 3D-printed bones available for human implantation in 2022. Both firms use calcium-based minerals to print their bones, which are made to measure based on patients CT scans. Particle3Ds trials in pigs and mice found that bone marrow and blood vessels grew into its implants within eight weeks. ADAM says its 3D-printed implants stimulate natural bone growth and gradually biodegrade, eventually being replaced by the patients bone tissue. If all goes well, researchers say 3D-printed blood vessels and heart valves are next.

Long seen as something of a fantasy, flying taxis, or electric vertical take-off and landing (eVTOL) aircraft, as the fledgling industry calls them, are getting serious. Several firms around the world will step up test flights in 2022 with the aim of getting their aircraft certified for commercial use in the following year or two. Joby Aviation, based in California, plans to build more than a dozen of its five-seater vehicles, which have a 150-mile range. Volocopter of Germany aims to provide an air-taxi service at the 2024 Paris Olympics. Other contenders include eHang, Lilium and Vertical Aerospace. Keep an eye on the skies.

After a stand-out year for space tourism in 2021, as a succession of billionaire-backed efforts shot civilians into the skies, hopes are high for 2022. Sir Richard Bransons Virgin Galactic just beat Jeff Bezoss Blue Origin to the edge of space in July, with both billionaires riding in their own spacecraft on suborbital trips. In September Elon Musks company, SpaceX, sent four passengers on a multi-day orbital cruise around the Earth.

All three firms hope to fly more tourists in 2022, which promises to be the first year in which more people go to space as paying passengers than as government employees. But Virgin Galactic is modifying its vehicle to make it stronger and safer, and it is not expected to fly again until the second half of 2022, with commercial service starting in the fourth quarter. Blue Origin plans more flights but has not said when or how many. For its part, SpaceX has done a deal to send tourists to the International Space Station. Next up? The Moon.

They are taking longer than expected to get off the ground. But new rules, which came into effect in 2021, will help drone deliveries gain altitude in 2022. Manna, an Irish startup which has been delivering books, meals and medicine in County Galway, plans to expand its service in Ireland and into Britain. Wing, a sister company of Google, has been doing test deliveries in America, Australia and Finland and will expand its mall-to-home delivery service, launched in late 2021. Dronamics, a Bulgarian startup, will start using winged drones to shuttle cargo between 39 European airports. The question is: will the pace of drone deliveries pick upor drop off?

For half a century, scientists have wondered whether changes to the shape of a supersonic aircraft could reduce the intensity of its sonic boom. Only recently have computers become powerful enough to run the simulations needed to turn those noise-reduction theories into practice.

In 2022 NASAs X-59 QueSST (short for Quiet Supersonic Technology) will make its first test flight. Crucially, that test will take place over landspecifically, Edwards Air Force Base in California. Concorde, the worlds first and only commercial supersonic airliner, was not allowed to travel faster than sound when flying over land. The X-59s sonic boom is expected to be just one-eighth as loud as Concordes. At 75 perceived decibels, it will be equivalent to a distant thunderstormmore of a sonic thump. If it works, NASA hopes that regulators could lift the ban on supersonic flights over land, ushering in a new era for commercial flight.

Architects often use 3D printing to create scale models of buildings. But the technology can be scaled up and used to build the real thing. Materials are squirted out of a nozzle as a foam that then hardens. Layer by layer, a house is printedeither on site, or as several pieces in a factory that are transported and assembled.

In 2022 Mighty Buildings, based in California, will complete a development of 15 eco-friendly 3D-printed homes at Rancho Mirage. And ICON, based in Texas, plans to start building a community of 100 3D-printed homes near Austin, which would be the largest development of its kind.

Its become a craze in Silicon Valley. Not content with maximising their productivity and performance during their waking hours, geeks are now optimising their sleep, too, using an array of technologies. These include rings and headbands that record and track sleep quality, soothing sound machines, devices to heat and cool mattresses, and smart alarm clocks to wake you at the perfect moment. Google launched a sleep-tracking nightstand tablet in 2021, and Amazon is expected to follow suit in 2022. It sounds crazy. But poor sleep is linked with maladies from heart disease to obesity. And what Silicon Valley does today, everyone else often ends up doing tomorrow.

Diets don't work. Evidence is growing that each persons metabolism is unique, and food choices should be, too. Enter personalised nutrition: apps that tell you what to eat and when, using machine-learning algorithms, tests of your blood and gut microbiome, data on lifestyle factors such as exercise, and real-time tracking of blood-sugar levels using coin-sized devices attached to the skin. After successful launches in America, personalised-nutrition firms are eyeing other markets in 2022. Some will also seek regulatory approval as treatments for conditions such as diabetes and migraine.

Remote medical consultations have become commonplace. That could transform the prospects for wearable health trackers such as the Fitbit or Apple Watch. They are currently used primarily as fitness trackers, measuring steps taken, running and swimming speeds, heart rates during workouts, and so forth. But the line between consumer and medical uses of such devices is now blurring, say analysts at Gartner, a consultancy.

Smart watches can already measure blood oxygenation, perform ECGs and detect atrial fibrillation. The next version of the Apple Watch, expected in 2022, may include new sensors capable of measuring levels of glucose and alcohol in the blood, along with blood pressure and body temperature. Rockley Photonics, the company supplying the sensor technology, calls its system a clinic on the wrist. Regulatory approval for such functions may take a while, but in the meantime doctors, not just users, will be paying more attention to data from wearables.

Coined in 1992 by Neal Stephenson in his novel Snow Crash, the word metaverse referred to a persistent virtual world, accessible via special goggles, where people could meet, flirt, play games, buy and sell things, and much more besides. In 2022 it refers to the fusion of video games, social networking and entertainment to create new, immersive experiences, like swimming inside your favourite song at an online concert. Games such as Minecraft, Roblox and Fortnite are all stepping-stones to an emerging new medium. Facebook has renamed itself Meta to capitalise on the opportunityand distract from its other woes.

An idea that existed only on blackboards in the 1990s has grown into a multi-billion dollar contest between governments, tech giants and startups: harnessing the counter-intuitive properties of quantum physics to build a new kind of computer. For some kinds of mathematics a quantum computer could outperform any non-quantum machine that could ever be built, making quick work of calculations used in cryptography, chemistry and finance.

But when will such machines arrive? One measure of a quantum computers capability is its number of qubits. A Chinese team has built a computer with 66 qubits. IBM, an American firm, hopes to hit 433 qubits in 2022 and 1,000 by 2023. But existing machines have a fatal flaw: the delicate quantum states on which they depend last for just a fraction of a second. Fixing that will take years. But if existing machines can be made useful in the meantime, quantum computing could become a commercial reality much sooner than expected.

Unlike a human influencer, a virtual influencer will never be late to a photoshoot, get drunk at a party or get old. That is because virtual influencers are computer-generated characters who plug products on Instagram, Facebook and TikTok.

The best known is Miquela Sousa, or Lil Miquela, a fictitious Brazilian-American 19-year-old with 3m Instagram followers. With $15bn expected to be spent on influencer marketing in 2022, virtual influencers are proliferating. Aya Stellaran interstellar traveller crafted by Cosmiq Universe, a marketing agencywill land on Earth in February. She has already released a song on YouTube.

In April 2021 the irrepressible entrepreneur Elon Musk excitedly tweeted that a macaque monkey was literally playing a video game telepathically using a brain chip. His company, Neuralink, had implanted two tiny sets of electrodes into the monkeys brain. Signals from these electrodes, transmitted wirelessly and then decoded by a nearby computer, enabled the monkey to move the on-screen paddle in a game of Pong using thought alone.

In 2022 Neuralink hopes to test its device in humans, to enable people who are paralysed to operate a computer. Another firm, Synchron, has already received approval from American regulators to begin human trials of a similar device. Its minimally invasive neural prosthetic is inserted into the brain via blood vessels in the neck. As well as helping paralysed people, Synchron is also looking at other uses, such as diagnosing and treating nervous-system conditions including epilepsy, depression and hypertension.

Winston Churchill once mused about the absurdity of growing a whole chicken to eat the breast or wing. Nearly a century later, around 70 companies are cultivating meats in bioreactors. Cells taken from animals, without harming them, are nourished in soups rich in proteins, sugars, fats, vitamins and minerals. In 2020 Eat Just, an artificial-meat startup based in San Francisco, became the first company certified to sell its products, in Singapore.

It is expected to be joined by a handful of other firms in 2022. In the coming year an Israeli startup, SuperMeat, expects to win approval for commercial sales of cultivated chicken burgers, grown for $10 a popdown from $2,500 in 2018, the company says. Finless Foods, based in California, hopes for approval to sell cultivated bluefin tuna, grown for $440 a kilogramdown from $660,000 in 2017. Bacon, turkey and other cultivated meats are in the pipeline. Eco-conscious meat-lovers will soon be able to have their steakand eat it.

By the Science and technology correspondents of The Economist

This article appeared in the What next? section of the print edition of The World Ahead 2022 under the headline What next?

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What next? 22 emerging technologies to watch in 2022 - The Economist

Quantum optimization provides deep insights for critical industrial application

LEESBURG, Va., Nov. 09, 2021 (GLOBE NEWSWIRE) -- Quantum Computing Inc. (Nasdaq: QUBT), a leader in bridging the power of classical and quantum computing, announced that its Qatalyst ready-to-run quantum software was selected as one of three finalists for the second and final round of the BMW Group and Amazon Web Services (AWS) Quantum Computing Challenge for the Vehicle Sensor Placement use case.

The Quantum Computing Challenge invited the quantum community to apply innovations in quantum computing to real world problems in industrial applications. The use case problems presented in the challenge represent critical commercial applications that demonstrate the real-world value of quantum computing.

BMW stated that its goal with the challenge is to tap into additional innovative power, inspire new thinking, and create opportunities for quantum builders to work with BMW on meaningful business problems.

The Vehicle Sensor Placement use case challenges participants to find optimal configurations of sensors for a given vehicle so that it can reliably detect obstacles in different driving scenarios using quantum computing or nature-inspired optimization approaches. The number of sensors per car is expected to increase significantly as autonomous driving becomes more common. Vehicles need sensors to gather data from as large a portion of their surroundings as possible, but each sensor adds additional costs, so optimizing the sensor placement uses genetic algorithms. The goal of the challenge is to use quantum computing techniques to optimize the positions of sensors, enabling maximum coverage while keeping costs to a minimum.

This Challenge is yet another step in showcasing quantum computings potential for commercial applications and real-world business problem solving, said Bob Liscouski, CEO of QCI. We are pleased that we have been selected to participate in the final level of competition, and our team will work hard to demonstrate the power of Qatalyst. Regardless of the final outcome, we believe that the applications for quantum computing will significantly increase over the coming years, and QCI is well positioned to be a key player.

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About Quantum Computing Inc.Quantum Computing Inc. (QCI) (Nasdaq: QUBT) is focused on accelerating the value of quantum computing for real-world business solutions. The companys flagship product, Qatalyst, is the first software to bridge the power of classical and quantum computing, hiding complexity and empowering SMEs to solve complex computational problems today. QCIs expert team in finance, computing, security, mathematics and physics has over a century of experience with complex technologies; from leading edge supercomputing innovations, to massively parallel programming, to the security that protects nations. Connect with QCI on LinkedIn and @QciQuantum on Twitter. For more information about QCI, visit http://www.quantumcomputinginc.com.

About the BMW Group Quantum Computing ChallengeThe BMW Group Quantum Computing Challenge is open to participants from research groups and companies worldwide. The challenge is organized into two rounds. In the first round, participants need to submit a well-documented concept proposal for one of four use case challenges. In the second and final round, teams with the top three submissions in each use case will be asked to build out their solutions. The final, virtual presentation to the competitions judging panel, including domain experts from BMW and AWS will take place in December. The winners will be announced at the Q2B quantum computing industry conference (Dec. 79).

Important Cautions Regarding Forward-Looking Statements

This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. Those statements include statements regarding the intent, belief or current expectations of Quantum Computing (Company), and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements.

The Company undertakes no obligation to update or revise forward-looking statements to reflect changed conditions. Statements in this press release that are not descriptions of historical facts are forward-looking statements relating to future events, and as such all forward-looking statements are made pursuant to the Securities Litigation Reform Act of 1995. Statements may contain certain forward-looking statements pertaining to future anticipated or projected plans, performance and developments, as well as other statements relating to future operations and results. Any statements in this press release that are not statements of historical fact may be considered to be forward-looking statements. Words such as may, will, expect, believe, anticipate, estimate, intends, goal, objective, seek, attempt, aim to, or variations of these or similar words, identify forward-looking statements. These risks and uncertainties include, but are not limited to, those described in Item 1A in the Companys Annual Report on Form 10-K, which is expressly incorporated herein by reference, and other factors as may periodically be described in the Companys filings with the SEC.

Qatalyst is the trademark of Quantum Computing Inc. All other trademarks are the property of their respective owners.

Company Contact:Robert Liscouski, CEOQuantum Computing, Inc.+1 (703) 436-2161Email Contact

Investor Relations Contact:Ron Both or Grant StudeCMA Investor Relations+1 (949) 432-7566Email Contact

Media Relations Contact:Bob GellerFusion Public Relations+1 (917) 816-0562qci@fusionpr.com

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QCI Qatalyst Selected by BMW Group and Amazon Web Services as a Finalist in the Quantum Computing Challenge - Yahoo Finance

Because several companies are expected to extend remote or hybrid working arrangements for the foreseeable future, and the digitization of business processes continues, computer hardware companies are expected to see robust demand. Indeed, the computer hardware industrys sales increased 23.4% year-over-year in the third quarter.

The growing adoption of the internet of things (IoT), artificial intelligence (AI), and cloud-based products and services should increase the need for computer hardware. The global computer hardware market is expected to grow at a 9.4% CAGR this year.

Given this backdrop, we think it could be wise to add quality computer hardware stocks Arista Networks, Inc. (ANET), IonQ, Inc. (IONQ), and Velo3D, Inc. (VLD) to ones watchlist.

Arista Networks, Inc. (ANET)

Santa Clara, Calif.-based ANET develops, markets, and sells cloud networking solutions around the globe. Its cloud networking solutions consist of extensible operating systems, a set of network applications, and gigabit Ethernet switching and routing platforms.

On November 2, 2021, ANET announced the next major expansion of its Arista EOS network stack, introducing the EOS Network Data Lake. Ken Duda, Founder and CTO at Arista Networks, said, Arista is entering the third generation of its flagship software stack. Developing a network-based data lake foundation from the ground up on our existing network state database makes Arista EOS NetDL a differentiated network and data-centric operating system.

ANETs total revenue increased 23.7% year-over-year to $748.70 million for its fiscal third quarter, ended September 30, 2021. The companys gross profit came in at $478.62 million, up 24.3% year-over-year. In addition, its income from operations was $233.29 million, up 23.8% year-over-year.

Analysts expect ANETs revenue to be $3.70 billion in its fiscal year 2022, representing a 27.3% year-over-year rise. In addition, the companys EPS is expected to increase 23.5% year-over-year to $13.68 in its fiscal year 2022. It surpassed the consensus EPS estimates in each of the trailing four quarters. The stock has gained 41.5% in price over the past month to close yesterdays trading session at $526.42.

Click here to check out our Cloud Computing Industry Report for 2021

IonQ, Inc. (IONQ)

IONQ develops general-purpose quantum computing systems. It sells access to quantum computers with 11 qubits. It is a leader in quantum computing, with a proven record of innovation and deployment. The company is headquartered in College Park, Md.

On September 23, 2021, IONQ and GE Research formed a partnership to explore the impact of quantum computing and IonQs quantum computers in the pivotal field of risk analysis. Peter Chapman, CEO and President of IONQ, said, As we explore how quantum computing could help us calculateand correct forthese risks, were proud to partner with GE, whose forward-thinking team sees that the rise of data availability pairs naturally with quantum computers to find new solutions to these management challenges.

IONQs net intangible assets were $5.11 million for the period ended June 30, 2021, compared to $2.69 million for the period ended December 31, 2020. Its accounts receivable came in at $420,000 compared to $390,000 for the same period. Moreover, its net property and equipment was $15.56 million, versus $11.99 million, also for the same period.

Analysts expect IONQs revenue to be $14.57 million in its fiscal year 2022, representing a 148.2% year-over-year rise. In addition, the companys EPS is expected to increase 11.1% in the next year and 20% per annum over the next five years. Over the past month, the stock has gained 153.9% in price to close yesterdays trading session at $21.35.

Velo3D, Inc. (VLD)

VLD produces metal additive three-dimensional printers. The Campbell, Calif.-based companys printers enable the production of components for space rockets, jet engines, fuel delivery systems, and other high-value metal parts, which it sells or leases to customers for use in their businesses.

On September 29, 2021, VLD completed its merger with JAWS Spitfire Acquisition Corporation. Barry Sternlicht, Chairman of JAWS Spitfire Acquisition, said, What Velo3D has done for its customersmost of whom are at the forefront of innovation in their industriesis nothing less than transformative. Were proud to be affiliated with Benny and the rest of the Velo3D team.

On September 30, 2021, VLDs common stock began trading on the New York Stock Exchange under the ticker symbol VLD.

Analysts expect VLDs revenue to grow 238.6% year-over-year to $84.69 million in its fiscal year 2022. Its EPS is estimated to grow at 16.7% in the next year. Over the past month, the stock has gained 22.9% in price to close yesterdays trading session at $12.28.

ANET shares were trading at $534.00 per share on Tuesday morning, up $7.58 (+1.44%). Year-to-date, ANET has gained 83.78%, versus a 26.09% rise in the benchmark S&P 500 index during the same period.

Riddhima is a financial journalist with a passion for analyzing financial instruments. With a master's degree in economics, she helps investors make informed investment decisions through her insightful commentaries. More...

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ANET: Add These 3 Soaring Computer Hardware Stocks to Your Watchlist - StockNews.com

5 November 2021

Rigetti Computing, a pioneer in full-stack quantum computing, and Oxford Instruments are gold sponsors of the upcoming City Quantum Summit London 2021 which is taking place on Wednesday 10th November at Mansion House. The Summit will bring together founders and CEOs of quantum computing companies with the aim of clearly demonstrating the need for quantum computing in all sectors and industries, from sustainable development to medical revelations. The event is being hosted by William Russell, Lord Mayor Of The City Of London, in collaboration with Robinson Hambro.

"The City Quantum Summit is a great example of the level of collaboration required to secure ongoing quantum commercialisation here in the UK and we're pleased to be actively participating in the discussions and working closely with other leading players like Rigetti to accelerate real applications in quantum computing today," says Stuart Woods, Managing Director at Oxford Instruments NanoScience. Rigetti and Oxford Instruments are partners in a public-private consortium to deliver the first commercial quantum computer in the U.K.

Woods and Marco Paini, Technology Partnerships Director for Europe at Rigetti, will both be participating in the event as part of a panel discussion focused on financial modelling. The discussion will cover quantum computing applications for the financial sector and a project with Standard Chartered to analyse use cases including, for example, synthetic financial data generation and classification for implied volatility.

"Some of the most promising use cases for quantum computing are based in the financial sector. The ability to develop practical applications, like financial modelling, on real hardware puts us in a strong position to accelerate the commercialisation of quantum computing in the UK. Our Innovate UK consortium brings together industry experts and full-stack quantum expertise to make practical quantum computing a reality."

The Summit will be conducted as a hybrid event with the opportunity to join virtually as well as in person. You can find out more about how to register for the event here

Disclaimer

Oxford Instruments plc published this content on 09 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 November 2021 09:32:06 UTC.

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Rigetti and Oxford Instruments Participate and Sponsor The City - Marketscreener.com

PARIS, Nov. 4, 2021 Pasqal, developers of neutral atom-based quantum technology, today announced it was named Startup of the Year by LUsine Nouvelle, a leading French business news site covering economic and industrial news across industries. LUsine Nouvelles awards programs honor innovations, individuals and projects that aim to solve societys biggest challenges.

Founded in 2019 as a spin-off from InstitutdOptique, Pasqal was the first startup dedicated to quantum computing in France. The company is on an accelerated growth track and expects to grow from 40 employees to 100 by the end of 2022. Pasqal raised a 25 M Series A funding round in June 2021, one of the largest series A rounds in Europe for a deep tech startup. This award comes on the heels of a momentous year for Pasqal. In 2021, the company grew its employee base by 300%, adding 30 new team members from eight different regions.

This award recognizes Pasqals tremendous contributions to the quantum ecosystem. Pasqals initiatives are aligned with the French quantum national plan and the France 2030 investment plan which identified deep tech and quantum computing as critical industries for Frances success. Pasqal aims to solve real-word challenges through quantum technology and believes it will deliver a 1000-qubit quantum processor to the market in 2023, faster than the quantum development roadmaps of the tech giants in the field. Capable of operating at room temperature, Pasqals full-stack, software-agnostic quantum processing units have the potential to address complex problems in medicine, finance and sustainability more efficiently than classical computers. Pasqals open-source library, Pulser enablesthecontrolof neutralatoms-basedprocessors at the level of laser pulses.

Pasqal is already exploring specific use cases across industries.The company is working with a leading French utility company, EDF,to optimize charging schedules for electric vehicles to combat climate change. Pasqal is also working with Crdit Agricole CIB and Multiverse Computing to design and implement new approaches running on classical and quantum computers to outperform state-of-the-art algorithms for capital markets and risk management. In addition, the company is working with Qubit Pharmaceuticals to accelerate drug discovery through quantum technology. Pasqal hopes these initial use cases will open the door to additional applications in carbon capture, energy and sustainability.

With the companys recent funding, Pasqal plans to continue innovating and developing new solutions. By the end of 2022, Pasqal plans to provide cloud access to its quantum computing services and hopes to deliver a

full quantum computing device operating on the cloud by 2023.

Georges-Olivier Reymond, CEO and founder of Pasqal, accepted the award at LUsine Nouvelles Foundations of the Industry event today in Paris. The event was attended by more than 150 industry leaders and decision-makers, uniting various industry sectors in France and Europe.

Were honored to be named Startup of the Year among the many French technology startups aiming to solve the worlds biggest challenges, said Reymond. Were proud to be part of Frances hub for technology innovation, supported by the French government, and we look forward to putting our quantum technology to real-world use throughout the region.

To learn more about Pasqal and its award-winning solutions, please visit:www.pasqal.io.

About Pasqal

Pasqal is building quantum processors out of neutral atoms atoms possessing an equal number of electrons and protons through the use of optical tweezers using laser light, enabling the engineering of full-stack processors with high connectivity and scalability. The company is dedicated to delivering a 1000-qubit quantum processor by 2023 to help customers achieve quantum advantage in the fields of quantum simulation and optimization across several vertical sectors, including finance, energy and supercomputing.For more information, please contact the company:contact@pasqal.io.

Source: Pasqal

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Pasqal Named Startup of the Year by L'Usine Nouvelle - HPCwire

We all want the technology in our lives to fulfill its promise to delight us more than it scares us, to help much more than it harms. We also know that every new technology needs to earn our trust. Too often the pattern goes like this: A technology is introduced, grows rapidly, comes to permeate our lives, and only then does society begin to see and address any problems it might create.

This is not exclusively a modern phenomenon. Consider the early days of the mass-produced automobile. As drivers embraced an exciting new mode of transport, accidents and fatalities were many times more likely than they are today. Imagine if the growth of the automobile had gone differently, with seatbelts developed, safer roadways built, and better traffic laws implemented much earlier, right along with the engine innovations that gave us more power and greater speed. Many risks could have been mitigated and many tragedies avoided.

Companies have to learn to be responsible stewards of the artificial intelligence (AI) they deploy, the 5G networks they have begun to build, and so much more thats coming toward us, from quantum computing to virtual reality (VR) to blockchain. Technologies that are driving sweeping change, and are central to the growth of the economy, should be trustworthy. Companies that deliver technological advances need to act ethically. The stakes are high. And yet, knowing what needs to be done is not the same as knowing how.

Organizations should try to anticipate and address the potential effects of the technologies they deploy. While they cant predict the future, they can adopt a sound framework that will help them prepare for and respond to unexpected impacts.

Such a framework would need to fundamentally shift how we develop and deploy new technologies. It would have to revamp existing processes. Any framework should reflect that this is a team effort, not just the job of engineers and managers: It should cut across disciplines. It should open doors to new ways of thinking about the challenges. The goal here is to describe a framework that can do these things.

Those who are immersed in the world of software engineering and I count myself in this group are often inclined to see, first and foremost, the promise of a technology and the opportunity to create value. As questions about the impacts of a technology become more common, the engineers still have far to go in understanding the potential harms. Engineers and software developers do not necessarily have all the expertise they need to understand and address the ethical risks their work might raise.

In other words, there could be a role for specialists from other disciplines here. We need to change our priorities to help technology development teams think with more foresight and nuance about these issues guided by those with the most relevant knowledge.

Consider, for instance, the development of a VR training tool that immerses the user in a difficult or dramatic emergency response situation. As the technology evolves, VR simulations are becoming so realistic that the possibility of actual trauma from a virtual experience might need to be addressed. The team would want to have a psychologist involved, working side by side with the software engineers, to tap into the body of knowledge about what can cause trauma or how it might be identified and addressed.

Take cloud manufacturing and 3-D printing as another example. As companies pursue these technologies, which have the potential to dramatically change the skillset needed on the factory floor, they might talk to labor economists who can shed light on larger workforce issues. As 5G connectivity brings factories online that can be managed entirely remotely, companies may want to consult with specialists in plant security, cybersecurity, and perhaps even philosophy to understand the potential pitfalls created by factories that dont employ people.

During the strategic planning stage, a team will naturally focus its attention on whats possible. Thats where the excitement and enthusiasm lie. But there also has to be attention paid to understanding what can go wrong. Its vital to pause and brainstorm potential risks, consider negative outcomes, and imagine unintended consequences.

This might mean that, as businesses rush toward a 5G future with a giant leap in data speeds and ubiquitous connectivity, they should pause to consider and address new privacy concerns perhaps well beyond those we are already grappling with. Or they could consider how this leap in data speeds may exacerbate inequity in our society and widen the digital divide.

This step in the planning process, in which risks are brainstormed and analyzed, should be documented just as clearly as the value proposition or the expected return on investment. The mandate to document this work can help ensure that it becomes part of the effort. Deloitte has developed more than 300 questions exploring ethical and trust dimensions which can inform the strategic planning process and its results.

The tendency is to think of tech ethics in the context of the issues that have already surfaced, such as discriminatory bias in social media marketing or talent acquisition systems. But this is a flawed way of thinking, because it can make us stop short of seeing other, potentially far greater, ethical risks, and it fails to consider the nuances that cut across organizations, industries, customers, and products.

After assessing potential negative impacts from a particular new technology and building a team that has relevant experience, its important to go deeper. The team has to do the research, and from there, it should be possible to begin to establish the guardrails that can minimize risks and mitigate potential harm. Leaders should mandate the development of ethical risk mitigation strategies as part of the planning for any new technology project.

It can also be clarifying to ask, early on, who would be accountable if an organization has to answer for the unintended or negative consequences of its new technology. Accountability should be considered when documenting the approach to potential impacts during the strategic planning process.

When a company is called to account for the technology it developed or deployed, someone could end up testifying to Congress, appearing in court or answering questions from the media. Will that person be the CEO or the CIO, a data scientist, a founder, or somebody else?

A discussion on this subject may well encourage more rigorous thinking about what could go wrong. Of course, more rigorous attention to such negative outcomes is exactly the point and may improve the chances that no one ever has to appear before policy makers or a judge to address how a piece of technology came about in the first place.

The best methods to address the ethics of new technologies are not going to be one size fits all. A broad range of potential impacts may need to be examined and a varied collection of potential risks may have to be mitigated. But most organizations would likely benefit from placing a single individual in charge of these processes. This is why organizations should consider a chief ethics officer or a chief technology ethics officer who would have both the responsibility and the authority to marshal necessary resources.

Some industries have grappled with trust and ethics challenges for decades. Hospitals and research centers have long employed ethics officers to oversee questions in research projects and clinical medical practice, for instance. Technology can certainly raise new concerns, even here: Think of a medical school implementing a VR tool to help augment the competency of surgeons and the importance of examining whether the tool works equally well across race or gender. But the broader point is that trust and ethics issues can be managed effectively as long as the proper leadership commitments are made.

With a chief technology ethics officer in place, it remains important to involve specialists from a number of different disciplines, as discussed previously. These people may come from the fields of anthropology, sociology, philosophy, and other areas. Depending on the issues presented by a specific technology or application, it may be necessary to seek out people who bring knowledge of law, politics, regulation, education, or media.

Our ability to ethically manage and increase trust in our tech tools is expected to only gain in importance in coming years as technology evolves, accelerates and reaches more deeply into our lives. This will likely challenge every company and business and it may have bruising lessons for the organizations that fail to keep pace.

But opportunities are also everywhere to be seen. If you can imagine a world in which vehicle and traffic safety progressed as fast or faster than the development of the automobile, then you can probably imagine the benefits that could accrue for those who get these challenges right.

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Thinking Through the Ethics of New TechBefore There's a Problem - Harvard Business Review

Draper Esprit, Europes only stock-market listed tech VC firm, is changing its name to Molten Ventures after a change in senior personnel and an increasingly distant relationship with the US VC network from which is inherited its name.

With former cofounder and CEO Simon Cook amicably departed to pastures new and the European listing powering to the fund in new directions, Molten is as good a new name as any with which to plow a new furlough.

Moltens team says the name conjures up images of transformation, matter being transformed via the injection of energy the first transformation is from solid to molten form. OK But behind the marketing speaks is a solid VC fund with a very experienced team, so there are no concerns there.

In terms of an update on the fund, Molten Ventures now has a portfolio of investments boasting 67 companies, including early-stage companies like Irish drone delivery company Manna Aero, Cambridge-based quantum computing software company, Riverlane, London-based climate intelligence company, Cervest and Finnish satellite company ICEYE.

Its portfolio also includes European unicorns such as Trustpilot, UiPath, Graphcore, Revolut, Cazoo, Ledger and Aircall. Between them, Moltens portfolio companies have a combined valuation of well over 1.4bn.Its also an investor in seed venture capital funds. Its Fund of Funds program comprises 42 European funds, including Seedcamp, Earlybird, IcebreakerVC and Future Positive Capital. Funds invested in the last 3 years total 75m, with the same amount committed for the next three years.Just over five years ago, the firm first listed its shares on AIM and the Euronext Growth Market in Dublin. Its still the only large, tech-focused VC firm listed on the stock market.

Since 2016, Molten has raised 619m (~$860m) and seen cash realisations of over 300 million (~$420m) with 206m (~$290m) in the last full year, deploying over 550m (~$760m). Its annual rate of deployment is about 200m ($270m).

Its initial portfolio totaled 24 European technology companies at a valuation of 74.8 million.Martin Davis, CEO at Molten Ventures said: Our rebrand to Molten Ventures is rooted in the teams long experience of transformation both our own, and our successful efforts to help our portfolio do the same It encapsulates that moment when VCs give their energy to help companies succeed.Stuart Chapman, Co-founder at Molten Ventures said: All our energy is devoted to identifying and supporting Europes most visionary entrepreneurs. We recognize that building the next generation of companies requires flexible, patient and supportive capital and we are uniquely positioned to offer this making more possible for all of us.

See the article here:

Draper Esprit cuts the legacy name apron strings to rebrand as Molten Ventures - TechCrunch