tech:

taffy

ExxonMobil, research labs join IBM quantum computing network

ExxonMobil and research laboratories CERN, Argonne, Fermilab, and Lawrence Berkeley are joining the IBM quantum computing network, says IBM.

The IBM quantum computing or Q Network, is a community of companies, startups, academic institutions and research labs working with IBM on quantum computing and practical applications for business and science.

The organizations joining the IBM Q Network include:

ExxonMobil will become the first energy company to join the IBM Q Network. Together, ExxonMobil and IBM will explore how quantum computing may address computationally challenging problems across a variety of applications. For example, quantum computing could more effectively solve large systems of linear equations, which will accelerate the development of more realistic simulations.

CERN, the European Laboratory for Particle Physics, will work with IBM to explore how quantum computing may be used to advance scientific understanding of the universe. The project will bring together IBM and CERN scientists to investigate how to apply quantum machine learning techniques to classify collisions produced at the Large Hadron Collider.

IBM Q Hub, announced in 2017, now includes member labs: Argonne National Laboratory, Fermilab, and Lawrence Berkeley National Laboratory.

Argonne National Laboratory will develop quantum algorithms to help tackle challenges in chemistry and physics. New algorithms will also be used to model and simulate quantum network architectures and develop hybrid quantum-classical architectures.

Fermilab will use quantum computers for machine learning to classify objects in large cosmology survey applications, as well as optimization techniques to better understand the results of hadron collisions, and quantum simulation to research the potential of studying neutrino-nucleon cross-sections.

Lawrence Berkeley National Laboratory will use IBM Q systems as part of its quantum information science research to develop and simulate algorithms for studying strong correlation, environmental coupling, and excited state dynamics in molecular complexes and materials; novel error mitigation and circuit optimization techniques; and theories resembling the standard model in high-energy physics.

Oak Ridge National Laboratory will use quantum computers along with high-performance supercomputers to benchmark new methods for studying strongly correlated dynamics in quantum materials, chemistry, and nuclear physics.

[Image courtesy: IBM]

Just in

Google to relaunch Gemini AI picture generator in a ‘few weeks’ following mounting criticism of inaccurate images — CNBC

Google plans to relaunch its image-generation AI tool in the next “few weeks,” according to Google DeepMind CEO Demis Hassabis, writes Hayden Field. 

Broadcom divests End-User Computing to KKR in $4B deal

Broadcom has agreed to sell its End-User Computing (EUC) division to investment firm KKR in a deal valued at $4 billion. This move will see the division, which focuses on digital workspace solutions, becoming an independent company following the sale's completion.

Myko AI raises $2.7M

Miami, Fl-based Myko, an AI platform provider focused on analyzing sales and revenue data, has secured $2.7 million in seed funding.

Reddit hasn’t turned a profit in nearly 20 years, but it just filed to go public anyway — CNN

Reddit — which is not yet profitable — says it seeks to grow its business through advertising, more e-commerce offerings and by licensing its data to other companies to train their artificial intelligence models, writes Clare Duffy and John Towfighi.

Leidos awarded $143M Defense Intelligence Agency technology platform contract

Leidos has obtained a task order contract from the Defense Intelligence Agency's (DIA) Science & Technology Directorate. This contract tasks Leidos with the creation and implementation of a comprehensive system for managing open-source intelligence