XANADU

Xanadu and South Carolina Quantum establish partnership to build the quantum workforce of tomorrow

Retrieved on: 
Tuesday, April 16, 2024
Education, Computer, Partnership, Research, Environment, Student, Algorithm, Organization

TORONTO and COLUMBIA, South Carolina, April 16, 2024 /PRNewswire/ - Xanadu ( xanadu.ai ), a world leader in photonic quantum computing, and South Carolina Quantum (SC Quantum), a non-profit organization dedicated to bringing academia, industry, and entrepreneurs together to build a sustainable quantum ecosystem, have formed a partnership to develop practical, hands-on educational materials and grow a quantum-smart workforce in South Carolina.

Key Points: 
  • TORONTO and COLUMBIA, South Carolina, April 16, 2024 /PRNewswire/ - Xanadu ( xanadu.ai ), a world leader in photonic quantum computing, and South Carolina Quantum (SC Quantum), a non-profit organization dedicated to bringing academia, industry, and entrepreneurs together to build a sustainable quantum ecosystem, have formed a partnership to develop practical, hands-on educational materials and grow a quantum-smart workforce in South Carolina.
  • In 2022, Xanadu made the strategic decision to partner with academic institutions and organizations focused on quantum education to help build a global quantum computing workforce.
  • We're excited to partner with SC Quantum to accelerate quantum education and research in the State of South Carolina and across the United States," said Xanadu Founder and CEO, Christian Weedbrook.
  • We look forward to the research and training that our network will benefit from," said Joe Queenan, Executive Director, South Carolina Quantum.

Extropic Emerges from Stealth, aiming to revolutionize Generative AI with Physics-based AI processors

Retrieved on: 
Friday, March 15, 2024
Physics, Algorithm, Replit, YC, Acceleration, Memory, Google AI, Shopify, SAN, Meta, AI, Coinbase, IBM, AWS, Adobe, Dropbox, Probability

SAN FRANCISCO, March 15, 2024 /PRNewswire/ -- Extropic, a pioneer in physics-based computing, this week emerged from stealth mode and announced the release of its Litepaper, which outlines the company's revolutionary approach to AI acceleration through thermodynamic computing. Founded in 2022 by Guillaume Verdon, Extropic has been developing novel chips and algorithms that leverage the natural properties of out-of-equilibrium thermodynamic systems to perform probabilistic computations for generative AI applications in a highly efficient manner.

Key Points: 
  • Founded in 2022 by Guillaume Verdon, Extropic has been developing novel chips and algorithms that leverage the natural properties of out-of-equilibrium thermodynamic systems to perform probabilistic computations for generative AI applications in a highly efficient manner.
  • The Litepaper delves into Extropic's groundbreaking computational paradigm, which aims to address the limitations of current digital hardware in handling the complex probability distributions required for generative AI.
  • Today's algorithms spend around 25% of their time moving numbers around in memory, limiting the speedup achievable by accelerating specific operations.
  • This funding will accelerate the development of Extropic's computational paradigm and enable the company to push the boundaries of thermodynamic computing for generative AI.

Quarterly Activities Report

Retrieved on: 
Wednesday, January 31, 2024
EGM, Power supply, Khüiten Peak, News, Golden eagle, Horizon Forbidden West, Metallurgy, Engineering, Classification, Laboratory, Water, Joint venture, Gold, Acquisition, ALS, Consultant, JV, PFS, MRE, SGC, Infrastructure, Copper, Extraordinary general meeting, MPS, Economics, Cluster, Mining

TORONTO, Jan. 31, 2024 (GLOBE NEWSWIRE) --

Key Points: 
  • Shallow drilling also progressed testing known porphyry clusters outside the Resource extending the system and informing infrastructure planning.
  • Subsequent to the quarter, the Company announced entry into a new magmatic copper-nickel project Sant Tolgoi located in Western Mongolia.
  • Material 25% increase in the higher-grade core from 100Mt @ 0.76% CuEq4 to 125Mt @ 0.75% CuEq, at a 0.55% CuEq cut off.
  • Power Supply, Tailings Management, and Infrastructure studies progressing through trade-off phase; majority of work to be completed by Q1 CY2024.

Xanadu and Hamad Bin Khalifa University (HBKU) provide PhD fellowship for quantum machine learning

Retrieved on: 
Tuesday, January 30, 2024
Student, Research, Partnership, Quantum computing, Government, Communication, Computer, Travel, USD, Doctor of Philosophy, Workforce, Machine learning, Information science, Microscope

TORONTO and DOHA, Qatar, Jan. 30, 2024 /PRNewswire/ - Xanadu ( xanadu.ai ), a world leader in photonic quantum computing, will support Hamad Bin Khalifa University's (HBKU) Qatar Center for Quantum Computing (QC2) on a PhD fellowship in quantum machine learning .

Key Points: 
  • TORONTO and DOHA, Qatar, Jan. 30, 2024 /PRNewswire/ - Xanadu ( xanadu.ai ), a world leader in photonic quantum computing, will support Hamad Bin Khalifa University's (HBKU) Qatar Center for Quantum Computing (QC2) on a PhD fellowship in quantum machine learning .
  • The mission at Xanadu is to build quantum computers that are useful and available to people everywhere.
  • Boasting a team of more than 190 specialists and developers in quantum technology, Xanadu is at the forefront of advancing fault-tolerant quantum computing.
  • The center focuses on three dedicated research areas: quantum communication, quantum computation and quantum sensing.

Extropic Secures $14.1 Million in Seed Funding to Propel Novel Physics-Based Computing Paradigm

Retrieved on: 
Tuesday, December 12, 2023
Computer, SAN, Extropianism, IBM, Seed, Uber, Meta, Deep learning, Alphabet, AI, AWS, Medical device, Physics, Coinbase, Nvidia, Human

Extropic is at the forefront of a groundbreaking initiative to redefine computation through a novel full-stack paradigm of physics-based computing.

Key Points: 
  • Extropic is at the forefront of a groundbreaking initiative to redefine computation through a novel full-stack paradigm of physics-based computing.
  • Extropic's computing paradigm is built on the principles of out-of-equilibrium thermodynamics, aiming to seamlessly merge generative AI with the fundamental physics of the world.
  • Extropic is thrilled to announce the successful closure of its Series Seed round, raising $14.1 million.
  • The company looks forward to utilizing the Seed capital to accelerate the advent of its revolutionary computational paradigm.

Xanadu and the Korea Advanced Institute of Science and Technology (KAIST) partner to develop South Korea's future quantum workforce

Retrieved on: 
Thursday, September 14, 2023
Partnership, Student, Education, Postgraduate education, Research, Computer, Government, Science, KAIST Graduate School of Green Growth, KAIST, Tutoring, Microscope, Management

The partnership aims to educate and train future quantum professionals, growing the quantum ecosystem in South Korea

Key Points: 
  • The partnership aims to educate and train future quantum professionals, growing the quantum ecosystem in South Korea
    TORONTO and DAEJEON, South Korea, Sept. 14, 2023 /PRNewswire/ - Xanadu ( xanadu.ai ), a world leader in photonic quantum computing, and the Korea Advanced Institute of Science and Technology (KAIST), the top science and technology university in Korea, partner to train and educate South Korea's future quantum workforce.
  • Being the first science and technology university in Korea, KAIST has been a driving force for innovation in the country.
  • KAIST's newly launched Graduate School of Quantum Science and Technology program will leverage Xanadu's state-of-the-art quantum technology and educational tools to bridge the gap between academia and industry, preparing graduate students to join the quantum workforce.
  • "We are thrilled to have Xanadu as the first official partner of the KAIST Graduate School of Quantum Science and Technology," said Professor Eunseong Kim, Chair of the Graduate School of Quantum Science and Technology.

Global Quantum Warfare Market Poised to Reach $2.26 Billion by 2035, Propelled by Rising Demand for Secure Communication Infrastructure in Defense - ResearchAndMarkets.com

Retrieved on: 
Tuesday, September 12, 2023
Technology, Other Technology, Communication, IBM, Private sector, DARPA, Lockheed Martin, Northrop Grumman, United States Naval Research Laboratory, Air Force Research Laboratory, IRCS, Software, Internet of things, Microsoft, Northrop, Intelligence, Research, NRL, Grumman, AFRL, Simulation, Investment, Artificial intelligence, Growth, Region, Quantum simulator, Quantum, BTQ, European Commission, Microscope, Arms industry, Cryptocurrency, Jet fuel, Orbit, Airbus

The global quantum warfare market is experiencing a momentous surge in growth, fueled by technological breakthroughs and innovative defense applications.

Key Points: 
  • The global quantum warfare market is experiencing a momentous surge in growth, fueled by technological breakthroughs and innovative defense applications.
  • The global quantum warfare market is further bolstered by the demand for high-performance computing in the defense sector.
  • Public and private sector investments play a pivotal role in propelling growth within the global quantum warfare market.
  • Quantum Computing and Simulations Segment: Digital Quantum Computer, Analog Quantum Computer, Quantum Simulator
    Quantum simulators are poised to lead the market due to their demand in defense cryptography and cybersecurity applications.

Xanadu and the Electronics and Telecommunications Research Institute (ETRI) partner to advance quantum computing technologies

Retrieved on: 
Wednesday, September 13, 2023
Telecommunications, Partnership, Electronics, Electronics and Telecommunications Research Institute, Research, Computer, ETRI, Organization, Machine learning, Algorithm, Artificial intelligence, AI, Software, Microscope

The goal of this partnership is to advance fundamental research in quantum machine learning and artificial intelligence (AI) for emerging fault-tolerant quantum computers.

Key Points: 
  • The goal of this partnership is to advance fundamental research in quantum machine learning and artificial intelligence (AI) for emerging fault-tolerant quantum computers.
  • Canadian-based Xanadu is at the forefront of quantum computing, developing quantum algorithms and applications for next-generation technologies.
  • Integral to this partnership is Xanadu's open-source software library, PennyLane , designed to accelerate quantum computing research and development.
  • Collaborative outcomes from this partnership will serve as a catalyst for future research and advance the global quantum research community.

North America Takes the Lead in the Global Quantum Warfare Market with Established Industry Players Spearheading Growth

Retrieved on: 
Wednesday, September 6, 2023
Communication, IBM, Private sector, DARPA, Lockheed Martin, Northrop Grumman, United States Naval Research Laboratory, Air Force Research Laboratory, IRCS, Software, Internet of things, Microsoft, Northrop, Intelligence, Research, NRL, Grumman, AFRL, Simulation, Investment, Artificial intelligence, Growth, Region, Quantum simulator, Quantum, BTQ, European Commission, Microscope, Arms industry, Cryptocurrency, Jet fuel, Orbit, Airbus

The global quantum warfare market is experiencing a momentous surge in growth, fueled by technological breakthroughs and innovative defense applications.

Key Points: 
  • The global quantum warfare market is experiencing a momentous surge in growth, fueled by technological breakthroughs and innovative defense applications.
  • Prominent players in the market include industry leaders like Airbus, Xanadu, Quantinuum, Lockheed Martin Corporation, and Northrup Grumman, among others.
  • The global quantum warfare market is further bolstered by the demand for high-performance computing in the defense sector.
  • Public and private sector investments play a pivotal role in propelling growth within the global quantum warfare market.

Quarterly Activities Report

Retrieved on: 
Monday, May 1, 2023
Classification, Resource, JORC, Retirement, Acquisition, Hugo, MD, IRR, Mass meeting, MRE, Zijin Mining, Corporation, Hugo Dummett, Legislation, High, EGM, PFS, JV, Strategic partnership, Glycine, NPV, Gold, Algorithm, Engineering, Data acquisition, St. Petersburg State University of Refrigeration and Food Processing Technologies, Mineral, Economics, Lead, Partnership, Stockwork, Metallurgy, Oyu Tolgoi mine, Mining, Copper, Mineral resource estimation, Cryptocurrency, Management, Security (finance), Engineered wood, Tunnel, Oil, Extractive metallurgy, Petroleum

TORONTO, May 01, 2023 (GLOBE NEWSWIRE) --

Key Points: 
  • The successful delivery of this strategy is good for Xanadu, for our Shareholders, for Zijin our partner, and for Mongolia.
  • We look forward to providing regular updates as the work program advances over the next 18 months.”
    Figure 1.
  • During the March Quarter, the Company commenced its PFS, Infill Drilling and Discovery Exploration activities which are funded by US$35 million from the JV with Zijin.
  • All resolutions were approved by Shareholders.15
    Key activities planned during the quarter ending 31 June 2023 (June Quarter) include:
    Data Acquisition for the Kharmagtai PFS including Infill Drilling, Metallurgy and Geotechnical focus areas.