Quantum Chip Update: Progress by IBM and Intel
PLUS: How US midterm elections affected the stock market
Good afternoon. We’re here to catch you up on the latest quantum computing news regarding the big industry players: IBM and Intel.
Also, if you’re a Twitter aficionado, the anticipated midterm elections red-wave has not happened…yet. What are your predictions?
Big Moves for IBM
Just a few days ago, IBM – a leading technology company – announced its newest quantum computing chip which holds 433 qubits, beating the prior milestone they achieved of the 124-qubit Eagle chip. They are slowly, but steadily, on their way to 4,000 qubits, in line with their roadmap up to 2025. IBM’s Osprey is able to use 433 qubits with minimized errors, thus making it more efficient for quantum computing performances.
This is another step. Maybe there’s a couple more steps, but it’s getting closer.
Dario Gil, Senior Vice President at IBM and Director of IBM Research
Another move by IBM is its partnership with Vodafone, a telecommunications company, prominent in Europe and Africa. Their goal in this team-up is to identify executive solutions to combat foreseen quantum threats with current classical technology.
Mass-Producing Chips
Recently, Intel, a leading company in semiconductor and chip technology just announced its successful performance in using extreme ultraviolet lithography to optimize the fabrication of their current quantum computing chips in the works.
James Clarke, director of Quantum Hardware at Intel, shares in a recent press conference that there is a strong indication for mass-producing quantum computing chips in the future with Intel’s transistor.
Read more here.
📈 Quantum Stock Market Watch
Closing prices on November 13, 2022
Black Panther’s “Wakanda Forever” brings in $180 million on opening night. Also, Elon Musk fires half of Twitter’s workers (7,500), and does not rule out bankruptcy as a possibility for the future of Twitter.
In good news, the S&P 500 + Nasdaq are in the green zone, with the best they’ve been since June, although that may not be the case for quantum.
Read Why QC stocks are falling.
✂️ Snippets
US Eyes Expanding China Tech Ban to Quantum Computing and AI
Making quantum computers more accurate
Our Brains Use Quantum Computation
Bosch, IBM join forces to seek substitute critical minerals
Industry Talks: Jose Pozo, technologist on a global optics mission
“Breakthrough innovation in areas like meta lenses, hybrid photonic integrated circuits, LIDAR, SPADs, femtosecond lasers, biosensors, neural networks, and quantum computing means that strong business cases are building for early adopters.” Dr. Jose Pozo the Chief Technology Officer at Optica
Dr. Jose Pozo will let you in on his depth of knowledge and innovative approach to serving corporations - especially in facilitating mutually beneficial business connections and how it has helped him identify emerging markets and end-user needs/opportunities across sectors.
Register now.