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Quantum News Briefs: December 30, 2023: Sharp unveils quantum technology-powered system capable of 1,000+ simultaneous AGV control; IonQ Surged Over 290% in 2023, But Is It a Buy? and MORE!

Quantum News Briefs looks at news in the quantum industry.
By Kenna Hughes-Castleberry posted 30 Dec 2023

Quantum News Briefs: December 30, 2023: 

Sharp unveils quantum technology-powered system capable of 1,000+ simultaneous AGV control

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Sharp, a leading Japanese electronics corporation, recently unveiled its groundbreaking AGV Operating System (AOS), marking a significant leap in automation technology. This advanced system, powered by state-of-the-art quantum technology, can simultaneously control over 500 Automated Guided Vehicles (AGVs). This innovation is set to revolutionize the logistics and manufacturing sectors, offering unprecedented efficiency and precision in operations. The AOS’s ability to handle many AGVs concurrently showcases Sharp’s commitment to pushing the boundaries of technology and automation, positioning the company at the forefront of industrial innovation.

In Other News: New Scientist article: “Quantum state of matter made with ‘dipolar’ molecules for first time”

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A recent New Scientist article highlights that researchers have created a quantum state of matter using “dipolar” molecules for the first time, a breakthrough led by Niccolò Bigagli and his team at Columbia University in New York. This innovative work utilized molecules with positively and negatively charged ends, forming a Bose-Einstein condensate (BEC) – a fluid-like state where all molecules share identical quantum states. Achieved by cooling a mixture of sodium and caesium atoms to a few billionths of a degree above absolute zero using lasers, magnets, and microwaves, this method prevented the molecules from warming up. The creation of the BEC, comprising about 200 molecules, opens new possibilities for understanding the quantum properties of exotic materials. This achievement is especially significant as it overcomes the limitations of traditional approaches that analyze atomic structures of materials, offering a more direct insight into the quantum phenomena underlying material properties. The success of this experiment, long doubted by experts like Kaden Hazzard at Rice University, paves the way for exploring even more exotic quantum states and could challenge existing theories on quantum materials.

In Other News: Motley Fool article: “IonQ Surged Over 290% in 2023, But Is It a Buy?”

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In 2023, IonQ, a company specializing in quantum computing, saw its stock soar by an extraordinary 299%, significantly outperforming every member of the S&P 500, according to a Motley Fool article. This surge reflects the immense market potential of the quantum computing sector, where IonQ is a key player. Despite the company’s rapid growth, the market remains highly competitive, with giants like Google and IBM developing hardware solutions. IonQ’s pioneering work in developing quantum computers using trapped ions offers potential advantages in scalability and precision. The company has made its advanced systems available through major cloud-computing platforms and sells them directly to high-end customers. However, quantum computing is still in its infancy, and the investment risks are substantial. The industry is evolving rapidly, and current systems may soon become obsolete due to ongoing research and innovation. While IonQ’s stock surge signifies a growing interest and potential in quantum computing, it also highlights the speculative nature of investments in this cutting-edge technology sector.

In Other News: Investor Place article: “7 Quantum Computing Stocks to Create 10X Returns”

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Quantum computing stocks, particularly those of IonQ, IBM, and FormFactor, have emerged as significant growth sectors in late 2023, offering potential 10x returns for investors willing to embrace the associated risks, an Investor Place article highlights. IonQ, a leader in the quantum computing space, became publicly available in 2021 and is notable for its partnerships with major cloud providers. Its Aria quantum computer is accessible through Amazon AWS, Microsoft Azure, and Google cloud services. Google, another key player, is involved in both the software and hardware aspects of quantum computing, operating a Quantum Artificial Intelligence Lab in collaboration with NASA and the Universities Space Research Association. IBM is expanding its quantum computing services, with a new data center scheduled for 2024 in Germany. Nvidia, known for its AI hardware, is also delving into quantum computing with its cuQuantum simulations. FormFactor, primarily a semiconductor company, is linked to the quantum computing industry through its cryogenic systems essential for manufacturing quantum computers. These companies are navigating a field that promises to revolutionize areas like machine learning and AI despite its nascent stage and the high investment risks.

Kenna Hughes-Castleberry is the Managing Editor at Inside Quantum Technology and the Science Communicator at JILA (a partnership between the University of Colorado Boulder and NIST). Her writing beats include deep tech, quantum computing, and AI. Her work has been featured in Scientific American, Discover Magazine, New Scientist, Ars Technica, and more.

Categories: quantum computing, research, software

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Florian Kaiser Quantum Materials Group Leader at LIST, will speak at IQT the Hague in 2024 in the Netherlands.Dr. Tobias Gehring, Project Leader Danish QCI of DTU, will speak at IQT the Hague 2024.