QX Snapshots Issue #2


IN THE NEWS THIS WEEK

[Quantum Technology] Quantum Startup BTQ Technologies Corp. gets public on NEO Exchange. It has been announced by NEO Exchange that BTQ Technologies Corp. (BTQ) which is a technology startup company has gone public on its platform. BTQ Technologies has been offering research, development and building post-quantum infrastructure for preserving the mission critical networks. BTQ will now be registered on the NEO Exchange. Consumers can use the BTQ symbol on NEO Exchange for trading. The BTQ Technologies Corp. is on a mission of commercializing near-term quantum technologies while developing post-quantum software and computer chips and employing advanced cryptography for boosting confidence and security.

[AI] Amazon’s Cloud Unit collaborated With Startup Hugging Face as AI Deals rise. Amazon.com Inc.’s cloud unit will be partnering up with artificial intelligence startup Hugging Face Inc. This company has been developing a ChatGPT rival which will be a revolution in the market for generative AI systems. Amazon Web Services will be creating the Hugging Face’s products including language generation tool which is a direct competitor of OpenAI’s ChatGPT. Hugging Face is committed to develop the next version of that language model named as BLOOM, on AWS.

[Blockchain] Siemens releases €60m digital bond on public blockchain. Siemens has been open of the leading and recent companies venturing in the digital securities sector. The company has released a €60 million ($65m) one year bond on the Polygon public blockchain. The release was augmented by Hauck Aufhäuser Lampe Privatbank. The bank took the role of bond registrar and assisted in offering digital asset custody solution for the keys. DekaBank, DZ Bank, and Union Investment have purchased the bond. The tokenized bond was released as per Germany’s eWpG legislation for digitally native electronic securities.

[Industrial Metaverse] Tencent Cuts Costs and Staff in Metaverse Unit. Hong Kong-based technology company Tencent has quoted that it will be forsaking its aim of creating VR devices due to the uncertainties in the metaverse industry. With economic instabilities, the company is forced to minimize its costs and layoff are carried out in the metaverse division. Tencent has recently invested in VR technology however VR hardware is proving to be way too costly for the company.

[General technology] Microsoft supports $69bn Activision deal. Microsoft has been supporting its aim to buy Activision Blizzard, a company which is behind the creation of Call of Duty and Candy Crush. As per Microsoft, a $68.7bn (£56.8bn) deal will allow the gamers to have more variety and features in the games. Sony has criticized this deal owing to the fact that it will provide Microsoft way too much control over world's most popular games.

OTHER NEWS AND TOP READS


FEATURED

Onnes Technologies Hits Milestone on Cryogenic Nano positioning for Quantum Sensing Research

By: Matt Swayne

A Dutch startup by the name of Onnes Technologies which is manufacturing tools for low temperature physics has made the headlines by developing an innovative new cryogenic Nano positioner which will allow significant developments in the sector of Quantum Scanning Probe Microscopy (qSPM). Onnes Technologies’ arQtika Linear Cryo-Walker is qualified of positioning while reducing the heat dissipation while curtailing the effect on the limited available cooling power of dilution refrigerators. The whole process can be accessed in the whitepaper of the company which was published by collaborating with Leiden Cryogenics.

Figure 1 Onnes Technologies Hits Milestone on Cryogenic Nano positioning for Quantum Sensing Research

It has been further quoted that with qSPM, researchers will be able to conduct insightful analysis of the structure of protein complexes including the likes of ferritin which is whose presence is noted in Alzheimer’s disease. The technology will allow to devise insightful precision and accuracy in understand the disease and developing treatment. qSPM will also be supporting the Two-Level Systems in Transmon qubit devices which are a major resistance in Quantum Computing.

A major challenge linked to cryogenic nano positioning which it solves is the Quantum Scanning Probe Microscopy is carried out at cryogenic temperatures. The thermal energy is less as compared to the energy comparison between different quantum states, so it allows quantum effects visible and applicable for microscopy. The research in qSPM has been promising for the improvements in quantum computing devices and novel drug development in the future of quantum technologies.

Read the full report from the Quantum Insider: https://thequantuminsider.com/2023/02/21/onnes-technologies-hits-milestone-on-cryogenic-nanopositioning-for-quantum-sensing-research/



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