Issued on behalf of Scope Technologies Corp. with the installation of new hardware.
VANCOUVER – USA News Group News Commentary – Just weeks ago, a pivotal moment for quantum technology unfolded as Amazon catalyzed the market’s leap toward the “Age of Quantum.” In response, the U.S. government has partnered with leading quantum players to spearhead a $2.7 billion National Quantum Initiative Reauthorization Act. Previously, Polaris Market Research had projected the Global Quantum Computing Market to surpass US$5.7 billion by 2032 with a robust 19.1% CAGR. Now, new forecasts from The Quantum Insider suggest quantum computing could generate $1 trillion in economic value by 2035. Key advancements driving this revolution are coming from industry innovators like Scope Technologies Corp. (CSE: SCPE) (OTCQB: SCPCF), NVIDIA Corporation (NASDAQ: NVDA), Alphabet Inc. (NASDAQ: GOOGL, GOOG), Booz Allen Hamilton Holdings Corporation (NYSE: BAH), and of course Amazon.com, Inc. (NASDAQ: AMZN).
The article continued: Analysts at IDTechEx predict even stronger growth for the Global Quantum Computing Market, forecasting a 30% CAGR through 2045. As industries prepare for this transition, the World Economic Forum has emphasized public-private collaborations within the financial sector to strengthen security for the post-quantum era.
Scope Technologies Expands Global Entropy Delivery Network with Significant Data-in-Transit Security Advancements
Scope Technologies Corp. (CSE: SCPE) (OTCQB: SCPCF), a pioneering technology company specializing in quantum security and machine learning (ML), today announced significant advancements to its data-in-transit security infrastructure with the installation of new hardware. These updates, which expand Scope’s entropy delivery system across new locations in Europe, Asia, and North America, represent a milestone in delivering secure and efficient global data transmission.
The expanded network enhances the speed and redundancy of QSE’s services while significantly reducing latency for businesses worldwide. These improvements not only ensure faster, more reliable data encryption but also strengthen protections against cyber threats such as man-in-the-middle attacks and Harvest Now, Decrypt Later (HNDL) strategies.
"Our global network expansion reflects our commitment to providing unparalleled data security," said Sean Prescott, Founder and CTO of QSE Group. "By increasing our infrastructure’s speed and reliability, we’re not only enhancing the user experience but also building the resilience needed to safeguard data during transmission, now and into the future. This is critical for industries handling sensitive information, where interception risks can lead to significant consequences."
As part of Scope’s mission to continuously advance quantum-resilient encryption, these updates position the QSE platform as a leader in secure, real-time communications. The advancements also align with industry compliance requirements, offering organizations a seamless, secure solution to meet regulatory demands.
Moreover, these upgrades lay the groundwork for QSE’s forthcoming secure mobile application, designed to provide industries with rapid, encrypted data-sharing capabilities. Further announcements on this next-generation platform are expected soon.
Scope Technologies’ commitment to expanding its infrastructure ensures that businesses and individuals are equipped with the tools needed to protect their data against current and emerging threats.
The announcement follows Scope's recent announcement of the signing of a Letter of Intent (LOI) with Global Care Innovations Inc. (GCI) and BitLab. This strategic partnership aims to provide quantum-secure data solutions and advanced AI-powered tools to healthcare providers throughout North America.
As well, Scope recently launched a subscription model offering round-trip encrypted, quantum-resilient cloud storage for both businesses and individuals. With this new strategic partnership, Scope aims to demonstrate its capability to improve patient care through advanced technology and solidify its position as a leader in secure technology solutions for critical sectors such as healthcare.
CONTINUED… Read this and more news for Scope AI at: https://usanewsgroup.com/2024/04/26/the-currency-of-tomorrow-why-investing-in-cutting-edge-ai-recognition-tech-could-mean-big-money/
In other industry developments and happenings in the market include:
NVIDIA Corporation (NASDAQ: NVDA), a provider of graphics and compute and networking solutions, recently announced it is working with Google Quantum AI, a subsidiary of Alphabet Inc. (NASDAQ: GOOGL, GOOG), to accelerate the design of its next-generation quantum computing devices using simulations powered by the NVIDIA CUDA-Q™ platform. Google Quantum AI is leveraging its hybrid quantum-classical platform and NVIDIA Eos supercomputer to simulate quantum processor physics, addressing hardware limitations caused by computational "noise."
“The development of commercially useful quantum computers is only possible if we can scale up quantum hardware while keeping noise in check,” said Guifre Vidal, research scientist from Google Quantum AI. “Using NVIDIA accelerated computing, we’re exploring the noise implications of increasingly larger quantum chip designs.”
Google has leveraged the CUDA-Q platform and 1,024 NVIDIA H100 Tensor Core GPUs at the NVIDIA Eos supercomputer to perform one of the fastest and largest dynamical simulations of quantum devices. This breakthrough dramatically reduces the cost and complexity of understanding how qubits interact with their environment.
“AI supercomputing power will be helpful to quantum computing’s success,” said Tim Costa, director of quantum and HPC at NVIDIA. “Google’s use of the CUDA-Q platform demonstrates the central role GPU-accelerated simulations have in advancing quantum computing to help solve real-world problems.”
With CUDA-Q and H100 GPUs, Google achieves realistic 40-qubit simulations—the largest of their kind—reducing noisy simulation times from a week to minutes. This powerful simulation software will soon be publicly available on the CUDA-Q platform, enabling rapid scaling for quantum hardware engineers.
Booz Allen Hamilton Holdings Corporation (NYSE: BAH), a provider of management and technology consulting, analytics, engineering, digital solutions, mission operations, and cyber services to governments, corporations, and not-for-profit organizations, recently announced it was recently named the top federal cybersecurity provider by GovWin from Deltek, based on its leadership in cyber-related prime contract obligations from 2021 to 2023, as highlighted in Deltek’s Federal Cybersecurity Market 2024-2028 report.
"The cybersecurity market is as complex, dynamic, and fast-growing as ever," said Brad Medairy, Executive Vice President and Leader of Booz Allen’s national cyber business. "This is driven by strategic competition and rapid technological advances that create hyperconnectivity and an expanding, target-rich attack surface that the nation’s adversaries view as one battlespace. Booz Allen monitors adversarial techniques, technologies, and tactics to help clients anticipate evolving threats and deploy new solutions capable of creating meaningful impact within critical cyber missions."
Booz Allen also recently highlighted the scale of its cyber business, which spans over 30 years of expertise and supports nearly 300 projects across public and private sectors. With over 8,000 cyber professionals, the company expects its cyber revenue to reach $2.5–$2.8 billion in fiscal year 2025, nearly a quarter of its total projected revenue.
Amazon.com, Inc. (NASDAQ: AMZN), through its subsidiary Amazon Web Services (AWS), recently announced the Quantum Embark Program to help customers prepare for quantum computing. Amazon Braket, the quantum computing service of AWS, offers experienced users access to diverse quantum hardware on a pay-as-you-go basis, while the new Quantum Embark program adds tailored advisory services to guide newcomers through use case discovery, technical enablement, and strategic planning. This empowers businesses to align quantum technologies with their most critical needs and develop a long-term quantum roadmap.
“This program is designed to empower customers to work backwards from their most business-critical and compute intensive use cases, develop an understanding of the state of the art, pinpoint relevant quantum technologies to focus on, and ultimately make informed decisions about future resourcing and their long-term quantum roadmap,” said AWS in a post. “The Quantum Embark program comprises of three standard modules delivered by the Amazon Advanced Solutions Lab: Use Case Discovery, Technical Enablement, and Deep Dive… Customers can work through all three modules or choose which modules best suit their needs, depending on their prior work and level of experience.”
Article Source: https://usanewsgroup.com/2024/04/26/the-currency-of-tomorrow-why-investing-in-cutting-edge-ai-recognition-tech-could-mean-big-money/
CONTACT:
USA NEWS GROUP
info@usanewsgroup.com
(604) 265-2873
DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USA News Group is a wholly-owned subsidiary of Market IQ Media Group, Inc. (“MIQ”). MIQ has been paid a fee for Scope Technologies Corp. advertising and digital media from the company directly. There may be 3rd parties who may have shares Scope Technologies Corp., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ own shares of Scope Technologies Corp. which were purchased as a part of a private placement. MIQ reserves the right to buy and sell, and will buy and sell shares of Scope Technologies Corp. at any time thereafter without any further notice. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material disseminated by MIQ has been approved by the above mentioned company; this is a paid advertisement, and we own shares of the mentioned company that we will sell, and we also reserve the right to buy shares of the company in the open market, or through further private placements and/or investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.
Related Stories
