Sparkle, the UK-based company, has been testing a quantum-safe VPN. IonQ, despite a 77% YoY revenue growth, is facing financial challenges with expenses outpacing revenue. Saudi Arabian Oil Company, Aramco, in collaboration with Pasqal, plans to install Saudi Arabia's first 200-qubit quantum computer by H2 2025 (Remember QuEra two weeks ago did something similar in Japan). Fujitsu's Digital Annealer platform is leveraging quantum logic to address complex optimization problems. Researchers at the University of Innsbruck have developed a machine learning generative model to program quantum computers more efficiently. The global post-quantum cryptography market is projected to reach $10.26 billion by 2034, driven by emerging threats from quantum computing and the need for quantum-resilient cryptographic solutions. Researchers have explored quantum machine learning models using a trapped-ion quantum computer, demonstrating the adaptability of quantum kernel for various datasets. The Port of Rotterdam Authority has established the world's first scalable quantum internet connection in collaboration with Q*Bird and other companies. The World Economic Forum has emphasized the need for robust security measures for central bank digital currency systems in the post-quantum computing era. IBM sets working groups to find real use cases in a variety of industries (remember Google still has its prize going on!). Oh, and Zoom goes PQC! Now nobody can harvest now and decrypt your conference calls in the future!
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The Week in Quantum Computing - May 27th 2024…
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Sparkle, the UK-based company, has been testing a quantum-safe VPN. IonQ, despite a 77% YoY revenue growth, is facing financial challenges with expenses outpacing revenue. Saudi Arabian Oil Company, Aramco, in collaboration with Pasqal, plans to install Saudi Arabia's first 200-qubit quantum computer by H2 2025 (Remember QuEra two weeks ago did something similar in Japan). Fujitsu's Digital Annealer platform is leveraging quantum logic to address complex optimization problems. Researchers at the University of Innsbruck have developed a machine learning generative model to program quantum computers more efficiently. The global post-quantum cryptography market is projected to reach $10.26 billion by 2034, driven by emerging threats from quantum computing and the need for quantum-resilient cryptographic solutions. Researchers have explored quantum machine learning models using a trapped-ion quantum computer, demonstrating the adaptability of quantum kernel for various datasets. The Port of Rotterdam Authority has established the world's first scalable quantum internet connection in collaboration with Q*Bird and other companies. The World Economic Forum has emphasized the need for robust security measures for central bank digital currency systems in the post-quantum computing era. IBM sets working groups to find real use cases in a variety of industries (remember Google still has its prize going on!). Oh, and Zoom goes PQC! Now nobody can harvest now and decrypt your conference calls in the future!