EY Makes Quantum Leap: Global Consultancy Installs On-Premises Quantum Computer

EY Makes Quantum Leap: Global Consultancy Installs On-Premises Quantum Computer
Ernst & Young has become the first Big Four consultancy to operate an on-premises quantum computer, installed in its Toronto office. This $3 billion investment aims to enhance capabilities in AI and quantum technologies, particularly for regulated industries. By processing data within Canadian borders, it addresses compliance and latency issues of cloud quantum computing, ensuring clients' sensitive workloads are managed securely.
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EY Makes Quantum Leap: Global Consultancy Installs On-Premises Quantum Computer

EY Makes Quantum Leap: Global Consultancy Installs On-Premises Quantum Computer

Ernst & Young has become the first Big Four consultancy to operate an on-premises quantum computer, installed in its Toronto office. This $3 billion ...

ScaleFlux Unveils AI-Optimized SSD for Next-Gen Inference Workloads

ScaleFlux Unveils AI-Optimized SSD for Next-Gen Inference Workloads

ScaleFlux has launched a groundbreaking SSD platform tailored for AI, addressing challenges posed by high-volume KV-cache write workloads. The innovative...

Unseen Reality Unveils Game-Changing URXR One Mixed-Reality Glasses

Unseen Reality Unveils Game-Changing URXR One Mixed-Reality Glasses

Unseen Reality launched the URXR One, a lightweight mixed-reality glasses pair weighing just 93 grams. Featuring mini pancake optics and a 6DoF tracking ...

Oxford Team Unveils Groundbreaking AI Safety Benchmark: InfoOps Bench!

Oxford Team Unveils Groundbreaking AI Safety Benchmark: InfoOps Bench!

The Oxford Internet Institute has launched InfoOps Bench, the first benchmark for assessing AI resistance to creating disinformation. This tool addresses...

Miraex's Quantum Chip Revolutionizes Distributed Quantum Computing

Miraex's Quantum Chip Revolutionizes Distributed Quantum Computing

SEALSQ Corp has launched Miraex SA's groundbreaking quantum chip that seamlessly converts microwave to optical frequencies, overcoming a major barrier in...

ByteDance and MiniMax Go Head-to-Head with New AI Video Models!

ByteDance and MiniMax Go Head-to-Head with New AI Video Models!

On July 31, 2026, ByteDance launched Seedance 2.5, a closed API model generating 30-second videos, while MiniMax unveiled H3, an open-weight model allowi...

Groundbreaking AI Agent Tycho Tackles ARC-AGI-3 with Code-Based Insights!

Groundbreaking AI Agent Tycho Tackles ARC-AGI-3 with Code-Based Insights!

A German research group has unveiled Tycho, an open-source AI agent on arXiv, leveraging a unique code-based approach to tackle the challenging ARC-AGI-3...

K2 Space Secures $500 Million to Build Mega-Class Satellites

K2 Space has achieved a whopping $500 million in Series D funding, pushing its valuation to $6.8 billion. Contrary to the trend of smaller satellites, K2...

DataBahn Secures $40 Million to Transform Enterprise Data Management

DataBahn, a Texas startup, has raised $40 million in Series B funding, aiming to enhance enterprise data management with its innovative “agentic data con...

SnowDrop Quantum Processor Makes Waves Amid U.S. Sanctions

SnowDrop Quantum Processor Makes Waves Amid U.S. Sanctions

On July 31, 2026, Bauman Moscow State Technical University unveiled its new SnowDrop 8Q quantum processor, showcasing an impressive 99.55% two-qubit gate...

AI Struggles in Cybersecurity: SecRespond Benchmark Reveals Limits

AI Struggles in Cybersecurity: SecRespond Benchmark Reveals Limits

A new benchmark, SecRespond, reveals that AI agents consistently fail at detecting silent intrusions and crafting complete remediation plans during post-...

Samsung Unveils Budget-Friendly 990 QLC NVMe Drive

Samsung Unveils Budget-Friendly 990 QLC NVMe Drive

Samsung's new 990 QLC NVMe drive launches at prices starting from $270 for 1TB. Although it boasts impressive sequential speeds of up to 7,250 MB/s, real...

EU Launches €30 Billion Bid for AI Gigafactories

The European Commission has initiated a tender for seven AI gigafactories, aiming to bolster the EU’s AI capabilities with a projected budget of €30 bill...

AEREDIUM Secures Patent for Revolutionary AI-Powered Reserve Auditing

AEREDIUM has been awarded a patent for a groundbreaking autonomous reserve auditing system utilizing four AI models. This technology ensures continuous v...

MoonPay's PayBox: Revolutionizing AI-Driven Payments with Enhanced Security

MoonPay's PayBox: Revolutionizing AI-Driven Payments with Enhanced Security

MoonPay has unveiled PayBox, an innovative payment solution allowing Claude and ChatGPT users to make transactions directly within their chats. By utiliz...

Onyx Security Secures $113M to Rein in AI Agents

Israeli startup Onyx Security has successfully raised $113 million in a Series B funding round, increasing its valuation to $640 million. Their innovativ...