Connect with us
European Gaming Congress 2024

Artificial Intelligence

Infleqtion and QinetiQ Win Award to Apply Quantum Computing to Logistics

Published

on

infleqtion-and-qinetiq-win-award-to-apply-quantum-computing-to-logistics

OXFORD, England, July 18, 2023 /PRNewswire/ — Infleqtion, the world’s quantum information company, and QinetiQ, a leading defense company, are thrilled to announce their successful bid for the Quantum End-to-end Compilation for Combinatorial Optimisation (QECCO) project through Innovate UK. This groundbreaking initiative will focus on using quantum algorithms to solve complex combinatorial optimisation problems in logistics and deliver this crucial quantum software capability to the UK National Quantum Computing Centre (NQCC). These optimisation problems are critical for national security yet often computationally intractable using classical computers, but quantum computers have the potential to provide significant speedups. 
QECCO will address key challenges in the logistics sector, including job-shop scheduling, packing, routing, and satisfiability problems. These complex problems possess high business value, limited classical solutions, and tremendous potential for quantum solutions. Through stakeholder workshops and collaborations with end-users in logistics and transport, QECCO will identify specific high-impact target problems and refine algorithmic implementations. 
The project team comprises experts in quantum software development, algorithmic implementation, and benchmarking, with a strong foundation from Infleqtion’s Superstaq platform, which has already demonstrated enhanced solution quality on real quantum hardware, along with the Supermarq benchmarking infrastructure for performance evaluation.
“We are delighted to be part of the QECCO project and collaborate with QinetiQ to unlock the full potential of quantum computing,” said Dr Timothy Ballance, GM of Infleqtion UK. “This project aligns perfectly with our vision of applying quantum technology to solve real-world problems. With our cutting-edge software capabilities and QinetiQ’s expertise in dual-use logistics applications, we are confident that we can deliver groundbreaking solutions for the UK.”
Dr Gillian Marshall, QinetiQ’s Senior Fellow for Quantum Technologies said “QinetiQ is excited to be supporting Infleqtion on the QECCO project. Infleqtion is a natural partner of choice for QinetiQ. Their market-leading quantum technologies fit well with QinetiQ’s own quantum information processing and classical/quantum engineering and integration expertise, and we look forward to building on this success together.”
“The advances being made in Quantum technology offer some of the most exciting opportunities in the innovation pipeline for the years ahead, potentially revolutionising everything from medical diagnostics and autonomous vehicles, to military navigation and cybersecurity. This report highlights just how important the commercialisation of quantum technology will be in unleashing the UK’s full potential as a science superpower,” said Minister of State at the new Department for Science, Innovation and Technology George Freeman MP. 
“Our exceptional researchers, businesses and innovators are continuously pushing the boundaries of Quantum Technology development, placing the UK at the leading edge of this field,” said Will Drury, executive director of digital and technologies at Innovate UK.
In May 2022, Infleqtion acquired Chicago-based Super.tech, a leading quantum software company that accelerates the development and adoption of quantum computing. The company was spun out of pioneering quantum computing research from EPiQC, an NSF Expedition in Computing at the University of Chicago. Super.tech is embedded in Argonne National Laboratory’s Chain Reaction Innovations program and also incubated by Duality, the first accelerator dedicated exclusively to supporting quantum startups, operated by the Chicago Quantum Exchange and UChicago’s Polsky Center. 
“We are pleased to see Infleqtion’s software capabilities expand in the UK as the country has a strong track record of innovation in science and technology. We recognize the strong partnership between the UK and Chicago as global partners, and we look forward to working with our UK colleagues to accelerate the development and adoption of quantum computing,” said Infleqtion’s VP of Quantum Software, Pranav Gokhale. 
“Quantum is unquestionably one of the most exciting new technologies in development, with the potential to reshape global solutions for generations to come. And that ripple effect comes from auspicious beginnings in the heart of Illinois,” said Governor JB Pritzker. “Rooted in the groundbreaking quantum computing research coming out of the University of Chicago, Argonne Laboratory, and the Chicago Quantum Exchange, the impact of Infleqtion’s work will now stretch to our global partners in the United Kingdom to increase efficiency and continue to build the quantum network worldwide,” said Illinois Governor JB Pritzker. 
The partnership is expected to last for three years and will result in the development of new software tools and applications for quantum-enabled systems. By compiling end-user applications directly to quantum hardware, Infleqtion aims to leverage the unique characteristics of quantum computing to achieve faster and more efficient solutions, making quantum technology more accessible and easier for various finance, healthcare, and national security applications. 
About InfleqtionInfleqtion delivers high-value quantum information precisely where it is needed. By operating at the Edge, our software-configured, quantum-enabled products deliver unmatched levels of precision and power, generating streams of high-value information for commercial organizations, the United States, and allied governments. With 16 years of ColdQuanta’s pioneering quantum research as our foundation, our hardware products and AI-powered solutions address critical market needs in PNT, global communication security and efficiency, resilient energy distribution, and accelerated quantum computing. Headquartered in Austin, TX, with offices in Boulder, CO; Chicago, IL; Madison, WI; Melbourne, AU; and Oxford, UK. Learn how Infleqtion is revolutionizing how we communicate, navigate, and discover at www.Infleqtion.com.
Infleqtion UK is a wholly-owned subsidiary of the flagship commercial brand Infleqtion. Infleqtion UK has a fully equipped quantum research laboratory and established production facilities in Oxford for its UK-developed Photonically Integrated Cold Atom Source (PICAS) product. The company conducts advanced research and development in inertial sensing and advanced timing for navigation within GNSS-denied environments, radiofrequency sensors for communications and defense applications, memory modules for secure quantum networks, and quantum information platforms for computation and simulation.
About QinetiQHeadquartered in the UK, QinetiQ is a leading global research and engineering company that creates, tests, and uses the latest technologies for defence and security customers, providing mission-critical solutions that deliver operational advantage. The company’s expertise in the application of quantum computing to real-world problems makes it a natural partner for Infleqtion in the QECCO project.
Logo – https://mma.prnewswire.com/media/1961782/INFLEQTION_LOGO_LANDSCAPE_GRAD_RGB_Logo.jpg  
View original content:https://www.prnewswire.co.uk/news-releases/infleqtion-and-qinetiq-win-award-to-apply-quantum-computing-to-logistics-301877682.html

Continue Reading
Advertisement

Artificial Intelligence

TeraBox Celebrates 2nd Anniversary of Its Massively Popular Referral Program

Published

on

terabox-celebrates-2nd-anniversary-of-its-massively-popular-referral-program

Continuously expanding webmaster signups, especially in multiple regions, along with new highs in webmaster payouts, has ensured the smooth operation and continuous development of the project.
TOKYO, Sept. 21, 2024 /PRNewswire/ — TeraBox (“TeraBox” or “the Company”), a globally trusted cloud storage service headquartered in Tokyo, recently celebrated the second anniversary of its hugely popular Referral Program, a testament to the smooth operation and continuous development of the project. The number of webmaster signups, including in multiple new regions, continued to increase steadily with webmaster payouts reaching new highs.

TeraBox reveals some of its impressive Referral Program data.
TeraBox’s total number of webmasters worldwide reached over one million.The highest daily income of webmasters reached over $10,000, with the top earner making nearly $180,000.The total number of shares by all webmasters exceeds 500 million.The network of webmasters spans across the globe, including countries such as India, Indonesia, the United States, Latin America, Middle East, and South Korea. Moreover, as TeraBox’s influence continues to grow, the platform is excited to welcome many new webmasters from an expanding range of countries and regions.
TeraBox has achieved significant milestones, demonstrating its sustainable growth and increasing user impact. The journey started with the Webmaster Center launch in August 2022. Following this, several optimizations were implemented, including a self-withdrawal feature that simplified earnings management for webmasters and increased their engagement. Additionally, the Growth Analysis tool provided webmasters with valuable insights into their operational performance, enabling more effective decision-making.
As a result of these enhancements, both the number of participating webmasters and their earnings have seen remarkable increases. Looking ahead, the upcoming launch of the Webmaster App in September 2024 is set to further elevate user engagement and convenience, solidifying TeraBox’s position as an industry leader.
About TeraBox
TeraBox, developed by Flextech Inc. in Japan, is a leading global cloud storage solution. Headquartered in Tokyo, TeraBox proudly serves over 320 million users globally, providing an easy yet powerful way to store and manage data. With its generous 1TB of free storage, TeraBox ensures that your files are safe, secure, and accessible from anywhere. As a secure, reliable, and convenient service, TeraBox is certified with ISO 27001, ISO 27701, and ISO 27018, offering individual users around the world the opportunity to register for 1TB (1024GB) of free storage.
Photo – https://mma.prnewswire.com/media/2510913/image_5016964_39376930.jpg

View original content:https://www.prnewswire.co.uk/news-releases/terabox-celebrates-2nd-anniversary-of-its-massively-popular-referral-program-302254411.html

Continue Reading

Artificial Intelligence

Huawei Cloud: One Step to Intelligence, One Leap to Excellence

Published

on

huawei-cloud:-one-step-to-intelligence,-one-leap-to-excellence

SHANGHAI, Sept. 20, 2024 /PRNewswire/ — During HUAWEI CONNECT 2024, Huawei Cloud hosted a Summit themed “One Step to Intelligence, One Leap to Excellence”, gathering global industry leaders to explore the intelligent transformation trend, share pioneering cases, and assist customers in their journey to cloud-based operational excellence. At the summit, Huawei Cloud and global customers, unveiled the Data Center-to-Cloud solution and the PRIME Framework white paper.

Jacqueline Shi, President of Huawei Cloud Global Marketing and Sales Service, said: “Customers’ support enables us to innovate with finance, retail, autonomous driving, the Internet and many other sectors. By combining cutting-edge technologies with industry know-how, Huawei Cloud paves your way to digital and intelligence.”
Kevin Gao, President of Huawei Cloud Public Cloud Business, presented a keynote speech “One Step to Intelligence, One Leap to Excellence”. He outlined three critical factors for accelerating cloud migration and AI use: global infrastructure, continuous technological innovation, and lean operations.
In terms of global infrastructure, Huawei Cloud’s global infrastructure, KooVerse, offers extensive coverage, exceptional experience, and excellent quality. With 33 Regions and 93 Availability Zones (AZs) worldwide, Huawei Cloud supports over 10,000 customers in achieving business globalization. Huawei Cloud has interconnected with over 2,400 peers of global carriers, ensuring one hop to cloud and global business deployment for customers. Huawei Cloud data centers achieve Tier IV reliability.
Technological innovation is at the heart of Huawei Cloud’s mission to accelerate enterprise transformation. At this summit, three key areas were highlighted: compute upgrade, data-AI convergence, and application innovation.
The Data Center-to-Cloud solution released by Gao offers data center facilities, intelligent O&M, and DCN as a service, allowing customers to easily relocate and run dedicated compute resources on Huawei Cloud.
Huawei Cloud’s Ascend AI Cloud Service enables training jobs to run non-stop up to 40 days, shortens the fault recovery time to 10 minutes, and increases the linear scalability to 90% (the industry average are 2.8 days, 60 minutes, and 80%, respectively).
Huawei Cloud’s deterministic operations system has been adopted by over 300 global customers, maintaining a strong security record with zero intrusions and zero data breaches. 
DeFacto from Türkiye leverages Huawei Cloud’s cloud native solution with Cloud Container Engine (CCE) and streamlines their services.
Huawei Cloud helps Chery to deploy, use, and manage the cloud. Currently, Huawei Cloud nodes in more than 10 countries and regions are providing services for Chery.
NavInfo has adopted Huawei Cloud’s R&D expertise and CodeArts software development pipeline to establish efficient development management standards and efficiency measurement systems.
Kingsoft and Huawei Cloud have collaboratively developed an excellence framework to optimize cost management.
Tencent Music’s Tianqin Lab has developed the MUSELight AI model acceleration framework, utilizing Huawei Cloud’s Ascend AI Cloud Service.
At the end of the summit, Huawei Cloud and global customers jointly released the Enterprise Excellence PRIME Model White Paper. This white paper offers a reference framework for enterprises to leap to excellence with digital and intelligent technologies.
Photo – https://mma.prnewswire.com/media/2510990/Jacqueline_Shi_President_Huawei_Cloud_Global_Marketing_Sales_Service.jpgPhoto – https://mma.prnewswire.com/media/2510991/Kevin_Gao_President_Huawei_Cloud_Public_Cloud_Business.jpg 

View original content:https://www.prnewswire.co.uk/news-releases/huawei-cloud-one-step-to-intelligence-one-leap-to-excellence-302254392.html

Continue Reading

Artificial Intelligence

Autonomous Mobile Robots (AMR) Market to cross $10 Billion TAM with around 500K AMRs shipment by 2030 – LogisticsIQ

Published

on

autonomous-mobile-robots-(amr)-market-to-cross-$10-billion-tam-with-around-500k-amrs-shipment-by-2030-–-logisticsiq

NEW DELHI, Sept. 20, 2024 /PRNewswire/ — The global Autonomous Mobile Robots (AMRs) market is poised for significant growth, driven by increasing demand for automation across various sectors, including logistics, manufacturing, and healthcare. According to the latest market research by LogisticsIQ (5th Edition), Autonomous Mobile Robots (AMR) Market to cross $10 Billion TAM by 2030 with a CAGR of ~30% between 2024 and 2030. We expect the installed base of AMRs to reach 2 million units in 2030.

Download a Free Sample of our report on Autonomous Mobile Robots Market
Key Market Drivers
Increased Efficiency: Businesses are rapidly adopting AMRs to enhance operational efficiency, reduce labour costs, and streamline workflows.Labor Shortages: The ongoing labour shortages in various industries have accelerated the need for automated solutions, making AMRs a crucial investment for companies.Technological Advancements: Innovations in artificial intelligence (AI), machine learning, and sensor technology are making AMRs more capable and reliable.Growing E-Commerce: The rise of e-commerce has created a demand for efficient warehouse management solutions, further boosting the AMR market.Regional Insights
North America leads the AMR market, accounting for the largest share due to the early adoption of automation technologies. Meanwhile, the Asia-Pacific region, especially China is expected to witness the fastest growth, fuelled by rapid industrialization and increasing investments in smart factories. US and China are going to contribute ~40% of this market by 2030.
Industry Applications
Autonomous mobile robots are being utilized in various applications, including:
Warehouse Automation: AMRs enhance inventory management and order fulfillment processes. This industry is expected to lead with more than 75% share by 2030.Manufacturing: Robots facilitate material handling and assembly line operations. Traditionally, it has been dominated by AGVs but are getting replaced by AMRs due to more flexibility and scalability features.Healthcare: AMRs assist in transporting medical supplies, improving patient care and operational efficiency. It is a niche market but high growing area to focus further.Purchase the full report on the Autonomous Mobile Robots Market – Growth, Trends, and Forecast
Top Factors & Challenges in the Autonomous Mobile Robots Market
Top Factors Driving Growth
Increased Demand for Automation: Businesses across industries are increasingly seeking automation to enhance efficiency and reduce operational costs.Technological Advancements: Innovations in AI, machine learning, and sensor technologies improve the capabilities and reliability of AMRs, making them more attractive to businesses.Labor Shortages: Ongoing labour shortages, especially in sectors like logistics and manufacturing, are pushing companies to adopt AMRs to maintain productivity.Growth of E-Commerce: The surge in online shopping requires efficient warehouse and logistics solutions, driving the adoption of AMRs for inventory management and order fulfillment.Improved Safety Standards: AMRs can reduce workplace accidents by taking over hazardous tasks, leading to safer working environments.Customization and Scalability: Many AMR solutions offer customizable features that allow businesses to scale operations according to their specific needs.Top Challenges
High Initial Costs: The upfront investment for AMRs can be substantial, which may deter smaller businesses from adoption.Integration with Existing Systems: Integrating AMRs into current operational workflows and legacy systems can be complex and resource-intensive.Regulatory Compliance: Navigating regulatory requirements and safety standards can pose challenges, especially in highly regulated industries.Limited Awareness and Understanding: Some businesses may lack knowledge about AMR technology and its potential benefits, hindering adoption.Technical Limitations: While technology is advancing, AMRs may still struggle with navigating complex environments or handling unexpected obstacles.Cybersecurity Concerns: As AMRs become more connected, they may be vulnerable to cybersecurity threats, requiring robust security measures.Know more about Autonomous Mobile Robots Market – Top Players, Cost Analysis, Competition, and Customer Expectation
What will you get in this report?
500 Pages and 160+ Exhibits Market ReportRevenue and Shipment data segmented:By form factor (Deck-load, Tugger/Pull, Forklift)By Navigation (Tape/Wire/Magnet, Reflector, QR Codes, LiDAR, Camera, Sensor, Fusion)By Function (Goods to person (G2P), Person to Goods (P2G), Conveying, Piece picking, Towing, Pallet Handling)By Application (Manufacturing, Logistics and Warehousing, Shipping, Delivery, Cleaning, Security, Hospital, Retail)Detailed excel file with 150+ market tables (Revenue and Shipment) including forecast till 2030A bottom-up analysis of Autonomous Mobile Robots Market for 19 countries (United States, Canada, Germany, UK, France, Italy, Spain, Nordics, China, Japan, South Korea, Australia, India, Taiwan, Thailand, Malaysia, Singapore, Indonesia, Phillippines) in 5 regionsIn-depth analysis of 700 companies in the ecosystem with more than 160 company profiles.Focus Group Discussion with 100+ key industry stakeholders across the value chain to collect the first-hand information to validate our analysis. Stakeholders include components and technology providers, system integrators, robot manufacturers (OEM/ODM), robotic software & service providers, and end-user industry verticals. Apart this, study also focuses on different components and integral parts of Autonomous Mobile Robots like Motion Control, Batteries & Chargers, Cameras / Vision Sensor, LiDAR, Sensor Fusion, QR Code and Wireless Communication.2 Analyst Sessions to brainstorm furtherInvestment details excel file with 175+ M&A and ~1000 funding dealsLogisticsIQ™ Exclusive Market Map (700+ Players across more than 15 categories)About LogisticsIQ
LogisticsIQ is a dedicated market research and advisory firm in Logistics & Supply Chain sector, empowering decision makers from top fortune 1000 companies, financial and research institutions, private equity and high potential start-ups with market insights to make better decisions. We enable this by analysing the right mix of the best data, the best research methodologies, and the best industry panel to deliver value to our clients.
Media Contact
Name: Sunny M.Email: [email protected]: +91-952-918-4938 
Photo: https://mma.prnewswire.com/media/2510643/Autonomous_Mobile_Robots_Market.jpgLogo: https://mma.prnewswire.com/media/2320412/LogisticsIQ_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/autonomous-mobile-robots-amr-market-to-cross-10-billion-tam-with-around-500k-amrs-shipment-by-2030—logisticsiq-302253915.html

Continue Reading

Trending