In cybersecurity, a set of flaws named KyberSlash, discovered by Cryspen researchers, threatens multiple implementations of the Kyber key encapsulation mechanism for quantum-safe encryption, used by Mullvad VPN and Signal messenger. Meanwhile. Arqit Quantum Inc. has teamed up with Mastercard to enhance digital asset security and compliance for financial institutions, integrating Arqit's Symmetric Key Agreement Platform and WalletSecure™ application with Mastercard’s Ciphertrace Sentry. A study by the Chinese Academy of Sciences and Yonsei University revealed a quantum mechanics model to uncover hidden patterns in stock market fluctuations. Erik Huestis from Foley Hoag predicts significant impacts of quantum computing on the pharma industry in 2024. Quantinuum and Japan's RIKEN research institute partnered to integrate Quantinuum's H1-Series ion-trap quantum computing technology into RIKEN's hybrid quantum-HPC platform. Researchers published a study in Nature Communications on quantum computing's potential enhancement of large-scale machine-learning models. SandboxAQ acquired Good Chemistry to boost its AI simulation platform for drug discovery and material science. Lastly, Microsoft and the U.S. Department of Energy's Pacific Northwest National Laboratory (PNNL) partnered to utilize Microsoft's Azure Quantum Elements service. The week ended with a promising outlook for quantum advancements, with significant strides in encryption, partnerships, and research.
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The Week in Quantum Computing - January 15th…
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In cybersecurity, a set of flaws named KyberSlash, discovered by Cryspen researchers, threatens multiple implementations of the Kyber key encapsulation mechanism for quantum-safe encryption, used by Mullvad VPN and Signal messenger. Meanwhile. Arqit Quantum Inc. has teamed up with Mastercard to enhance digital asset security and compliance for financial institutions, integrating Arqit's Symmetric Key Agreement Platform and WalletSecure™ application with Mastercard’s Ciphertrace Sentry. A study by the Chinese Academy of Sciences and Yonsei University revealed a quantum mechanics model to uncover hidden patterns in stock market fluctuations. Erik Huestis from Foley Hoag predicts significant impacts of quantum computing on the pharma industry in 2024. Quantinuum and Japan's RIKEN research institute partnered to integrate Quantinuum's H1-Series ion-trap quantum computing technology into RIKEN's hybrid quantum-HPC platform. Researchers published a study in Nature Communications on quantum computing's potential enhancement of large-scale machine-learning models. SandboxAQ acquired Good Chemistry to boost its AI simulation platform for drug discovery and material science. Lastly, Microsoft and the U.S. Department of Energy's Pacific Northwest National Laboratory (PNNL) partnered to utilize Microsoft's Azure Quantum Elements service. The week ended with a promising outlook for quantum advancements, with significant strides in encryption, partnerships, and research.