Quantum twist on Monte Carlo algorithm promises useful speed boost

Dovie Salais

IBM’s quantum computers aren’t useful – yet IBM A quantum version of a computer algorithm widely used in finance, engineering and scientific modelling shows promising signs of operating much faster than existing methods. Experts say there are many hurdles to overcome before it overtakes versions running on ordinary computers, but […]

IBM’s quantum computers aren’t useful – yet

IBM

A quantum version of a computer algorithm widely used in finance, engineering and scientific modelling shows promising signs of operating much faster than existing methods. Experts say there are many hurdles to overcome before it overtakes versions running on ordinary computers, but that the potential gains could be dramatic.

In recent years, several research groups have claimed to achieve “quantum advantage” – the point at which a quantum computer can complete a task that would be impossible for ordinary machines. But the benchmark problem typically …

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Amazon touts its low-cost cloud computing in generative AI race

AUSTIN, July 11 (Reuters) – A key way that Amazon’s (AMZN.O) cloud division aims to set itself apart from rivals perceived to have a leg up on artificial intelligence is by competing on price, an executive said on Tuesday. The AI models behind a viral chatbot like ChatGPT require immense […]
Amazon touts its low-cost cloud computing in generative AI race