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ORNL, IBM, and AMD Launch Quantum Error Correction Co-Design Platform

ORNL, IBM, and AMD Launch Quantum Error Correction Co-Design Platform

Oak Ridge National Laboratory (ORNL), IBM, and AMD have jointly launched a co-design platform for quantum error correction (QEC) at IBM's Poughkeepsie, New York site. This platform aims to accelerate classical and quantum workflows for scientifically relevant quantum computing. The initiative pairs IBM Quantum Nighthawk processors with ORNL’s Umbra, a high-performance computing (HPC) system featuring AMD Instinct MI355X GPUs and 5th Gen AMD EPYC™ CPUs. This co-located environment is also linked to ORNL's broader supercomputing ecosystem. The platform allows researchers to develop and validate quantum algorithms and workflows in a hybrid HPC-quantum computing setting, addressing the challenge of integrating quantum and classical computing resources that are typically separate.
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IBM, Oak Ridge National Lab, and AMD Launch Quantum Error Correction Co-Design Platform

IBM, Oak Ridge National Lab, and AMD Launch Quantum Error Correction Co-Design Platform

IBM, in collaboration with the U.S. Department of Energy-funded Quantum Science Center (QSC) at Oak Ridge National Laboratory (ORNL) and AMD, has unveiled a new co-design platform for quantum error correction. This initiative integrates quantum and high-performance computing to accelerate the development of a scientifically relevant quantum computer by 2028, aligning with the DOE's Quantum Genesis Mission. The platform co-locates IBM's quantum computers, including the 120-qubit IBM Quantum Nighthawk processor, with ORNL's Umbra High-Performance Computing (HPC) system. The Umbra system is powered by AMD Instinct MI355X GPUs and 5th Gen AMD EPYC CPUs, providing the classical computing foundation for research into quantum error correction, decoding optimization, and software orchestration. This collaboration aims to address the challenge of scaling quantum error correction by tightly integrating classical and quantum computing resources.
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Wall St futures jump as Democrats sweep midterms

Wall St futures jump as Democrats sweep midterms

By Shashwat Chauhan and Utkarsh Hathi Nov 4 (Reuters) - US stock index futures rallied on Wednesday after Democrats secured sweeping victories in the midterm elections, with investors betting a divided Washington could limit the scope for sharp policy shifts.
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Nasdaq rebounds as chips stocks recover from steep losses

Nasdaq rebounds as chips stocks recover from steep losses

By Shashwat Chauhan and Utkarsh Hathi Nov 6 (Reuters) - The tech-heavy Nasdaq rose on Friday as chip stocks bounced off heavy losses posted in the previous session on fears that a Democratic-led Congress could result in tougher AI regulation, even as the jobs report raised interest-rate hike
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Nasdaq futures rise after steep AI selloff as chip stocks stabilize

Nasdaq futures rise after steep AI selloff as chip stocks stabilize

Nov 6 (Reuters) - Nasdaq futures climbed on Friday as chip stocks gained ground after a technology-led rout wiped nearly $3 trillion off the market value for S&P 500 companies on fears that Democratic control of the US Congress could lead to tougher AI regulation.
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Qualcomm shares slump as weak smartphone chip sales overshadow data-center momentum

Qualcomm shares slump as weak smartphone chip sales overshadow data-center momentum

Nov 5 (Reuters) - Qualcomm shares dropped over 9% in early trading on Thursday after the company's smartphone chip sales missed Wall Street estimates, raising concerns that weakness in its core handset business could offset gains from newer growth in areas such as data-center chips.
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Nasdaq pares losses as chips recover, rate-hike fears linger

Nasdaq pares losses as chips recover, rate-hike fears linger

By Shashwat Chauhan and Utkarsh Hathi Nov 6 (Reuters) - The tech-heavy Nasdaq rose on Friday as chip stocks bounced off heavy losses posted in the previous session on fears that a Democratic-led Congress could result in tougher AI regulation, even as the jobs report raised interest-rate hike
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Wall St set for higher open as Democrats win Congress; data center stocks slide

Wall St set for higher open as Democrats win Congress; data center stocks slide

By Shashwat Chauhan and Utkarsh Hathi Nov 4 (Reuters) - US stocks were set for a higher open on Wednesday after Democrats secured sweeping victories in the midterm elections, with investors betting a divided Washington could limit the scope for sharp policy shifts.
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Nasdaq rebounds as chip stocks recover from steep losses

Nasdaq rebounds as chip stocks recover from steep losses

By Shashwat Chauhan and Utkarsh Hathi Nov 6 (Reuters) - The tech-heavy Nasdaq rose on Friday as chip stocks bounced off heavy losses posted in the previous session on fears that a Democrats-led Congress could result in tougher AI regulation, even as the jobs report raised interest-rate hike concerns
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IBM Unveils First Quantum Computer in Illinois, Bolstering State's Tech Hub Ambitions

IBM Unveils First Quantum Computer in Illinois, Bolstering State's Tech Hub Ambitions

IBM has launched its first quantum computer in Illinois, the IBM Quantum System Two, at Hyde Park Labs. This development is a significant step in establishing Illinois as a leading hub for quantum technology. The system, powered by IBM's Nighthawk processor, features 120 programmable qubits with enhanced connectivity and a significantly higher circuit throughput compared to its predecessor. It will temporarily reside at Hyde Park Labs, a University of Chicago-affiliated tech hub, before moving to its permanent home at the Illinois Quantum and Microelectronics Park in South Chicago upon its completion. The IBM Quantum System Two will serve as the core of the National Quantum Algorithm Center, providing scientists and non-quantum companies access to advanced quantum algorithms and applications. Research projects already underway include pharmaceutical discovery, power grid efficiency, and high-energy physics, with collaborations involving institutions like Northwestern University, the University of Illinois ...
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NVIDIA Advances Quantum Computing Research with Large-Scale GPU Simulation

NVIDIA Advances Quantum Computing Research with Large-Scale GPU Simulation

NVIDIA has achieved a significant milestone in quantum computing research by simulating a complex 104-qubit fault-tolerant quantum computing protocol using 8,192 NVIDIA GH200 GPUs. This research demonstrates the power of large-scale GPU computing in studying intricate quantum systems. The simulation highlights how powerful GPU-based supercomputers can help scientists investigate quantum systems in greater detail and explore new methods for improving the performance and reliability of future quantum computers. A key aspect of this research involves JUPITER, Europe's first exascale supercomputer at the Jülich Supercomputing Centre in Germany, which provides the advanced computing infrastructure. NVIDIA's approach also includes Magic State Cultivation, a technique to prepare high-quality quantum states, which could reduce physical qubit requirements by approximately 90% compared to previous methods. This development is crucial for making future quantum systems more practical and potentially less expensive.
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US stock futures rise as investors assess Democrats' midterm sweep

US stock futures rise as investors assess Democrats' midterm sweep

By Shashwat Chauhan Nov 4 (Reuters) - US stock index futures rose on Wednesday, reversing sharp early losses, as investors weighed the Democrats' sweeping midterm victories and what they could mean for AI spending and regulation.