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quantum computing

Finland develops quantum algorithms for the future

Many experts believe that once quantum computers are big enough and reliable enough to solve useful problems, the most common deployment architecture will be to have them serve as accelerators for supercomputers. Several algorithms have already been developed to run on this architecture, including the most famous one – Shors algorithm, which will one day crack…

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

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…

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Swedish CIO contributes best practices for ethical use of artificial intelligence

OpenAI writes on its website: “The amount of compute used in the largest AI [artificial intelligence] training runs has been increasing exponentially with a 3.4-month doubling time (by comparison, Moore’s Law had a two-year doubling period).” According to OpenAI, this growth amounts to 300,000-times more computing power required today as opposed to 2012, which is…

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Europe carves out niche in quantum computing

While quantum computers will never be used to perform mundane tasks, such as word processing or accounting, they will be able to solve certain problems that cannot be solved within a reasonable amount of time by conventional machines. A small number of those problems are so important that most countries in the industrial world are…

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Tech trends: what will be hot in 2024?

Technology is moving and developing faster than ever before. What do the next twelve months have in store? We like to look ahead at the end of every year, even if we don’t always get it right. Last year, we didn’t see generative AI coming (just like everyone else), although we did predict that it…

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Executive interview: Sergio Gago, Moody’s

The question of “Why invest in quantum computing now?” is one every CIO should be asking. When compared to the evolutionary path of traditional computing, Sergio Gago, managing director for artificial intelligence (AI), machine learning and quantum at Moody’s, says: “We used to joke in the industry that quantum computing is roughly in the late…

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Pension changes set to boost UK tech

The UK’s leading venture capital (VC) and growth equity firms have signed up to Venture Capital Investment Compact, where they pledged to support efforts to unlock British pension investment in high-growth companies. This pledge marks the start of larger changes that are set to take place to boost investment in UK science and technology startups.…

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Banking should start testing out quantum ideas

Banks should be setting up a quantum computing taskforce, a report from UK Finance has concluded. The Identifying and seizing the opportunities presented by quantum technology report, produced in conjunction with IBM, lists several areas where banks can benefit from quantum computing. These include risk analysis, compliance, and the use of quantum safe encryption to…

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Reported major cyberattacks are falling – but watch out for the massive threats posed by gen AI

One of the most surprising findings from this year’s Nash Squared Digital Leadership Report is that the number of major cyberattacks reported is falling. In its 25th year of publication, the report found that across more than 2,100 technology/digital leaders surveyed globally, the proportion experiencing a major cyberattack in the last two years has fallen…

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Finland shows off its new 20-qubit quantum computer

VTT recently announced completion of Finland’s second quantum computer, which uses 20 superconducting qubits. The work, accomplished in partnership with IQM Quantum Computers, is another step on the roadmap to build a 50-qubit machine by the end of 2024.   The government set out with that end goal in November 2020, when it launched a project…

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