China, Canada, France and Finance

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Your weekly roundup of the biggest breakthroughs in Quantum Computing.

China has recently launched a cutting-edge quantum computing cloud platform, developed by the Beijing Academy of Quantum Information Sciences, the Institute of Physics, and Tsinghua University. This platform enables researchers to conduct complex computations in the cloud and allows the public to experience high-speed quantum computing. It combines the power of three superconducting quantum chips with varying numbers of qubits. The platform has already attracted thousands of users and has been used for over half a million quantum computing tasks, demonstrating stable and efficient performance. It supports open quantum assembly language and provides a user-friendly graphical interface. The platform is being utilized by research teams for scientific studies and application software development, contributing to the growth of the quantum computing ecosystem.

MICHIO KAKU is a professor of physics at the City University of New York, cofounder of string field theory, and the author of several widely acclaimed science books, including Hyperspace, Beyond Einstein, Physics of the Impossible, and Physics of the Future. See below for some recent Book Tour interviews with Michio:

Canada and France have established a joint committee to strengthen cooperation in the fields of artificial intelligence (AI) and quantum science. Chaired by Canada's chief science advisor and a director general from the French Ministry of Higher Education and Research, the committee aims to identify areas of research collaboration every six months. Both countries have shown concerns over privacy breaches in OpenAI's ChatGPT and have launched separate investigations. This committee builds upon existing initiatives, such as the Global Partnership on AI, and will facilitate joint calls for research proposals in the identified priority fields.

HSBC and Quantinuum have joined forces to explore the potential of quantum computing in the financial services sector. The collaboration will focus on projects in cybersecurity, fraud detection, and natural language processing. By leveraging quantum technology, the partnership aims to enhance cryptographic keys for stronger cybersecurity measures and develop advanced machine learning and language processing techniques for improved fraud detection and customer service. The ultimate goal is to revolutionize the banking industry with quantum-based solutions.

China Telecom has announced the establishment of the China Telecom Quantum Information Technology Group, with an investment of 3 billion yuan ($434 million). Based in Anhui province, the new entity will focus on developing quantum technology, advancing quantum product updates, and promoting the industry nationwide. This move reflects China's ambition to lead in the global race for quantum computing. Governments and companies worldwide have recognized the potential of quantum computing to solve complex problems, and investments in quantum development are projected to reach $16.4 billion by 2027.

Quantum computing is being explored as a potential solution to enhance the security of artificial intelligence (AI) systems against data manipulation attacks. Researchers propose integrating quantum computing with machine learning to create resilient algorithms called quantum machine learning models. These models leverage unique quantum properties to identify patterns in image data that are difficult to manipulate. Despite current limitations, progress in quantum hardware and software is being made, attracting investments to protect industries reliant on AI and machine learning.

Will the US or China get there first?