Classiq and Sumitomo highlight potential for quantum Monte Carlo simulations in new trial [English]

Classiq Technologies and Sumitomo Corporation have successfully tested quantum circuit compression for Monte Carlo simulations, enhancing financial risk assessments. The project demonstrated that optimized quantum circuits could achieve up to 95% compression, improving fault tolerance and making large-scale quantum simulations more feasible for financial applications.

Could quantum computing transform risk modeling and fraud detection in RegTech? [English]

Quantum computing is poised to revolutionize risk modeling and fraud detection in RegTech. By enabling real-time transaction assessments and enhancing anomaly detection, it offers unprecedented computational power. However, it also introduces new security risks, necessitating investment in post-quantum cryptography to safeguard sensitive financial data.

Nigerian urologist, Kingsley Ekwueme conducts 1st ever robotic surgery for prostate cancer in West Africa – The Street Journal [English]

Nigerian urologist Professor Kingsley Ekwueme has made history by performing West Africa’s first robotic prostate cancer surgery in Lagos. Utilizing the da Vinci robotic system, he aims to provide accessible, high-quality healthcare in Nigeria, emphasizing the importance of advanced training for local doctors and reliable medical facilities.

Japan Tobacco and D-Wave Announce Quantum Proof-of-Concept Outperforms Classical Results for LLM Training in Drug Discovery [English]

Japan Tobacco and D-Wave have successfully completed a proof-of-concept project using quantum computing to enhance drug discovery. By integrating quantum technology with large language models, they achieved superior molecular generation, demonstrating the potential of Quantum AI to accelerate the development of innovative pharmaceuticals while improving efficiency and quality.

Liangxi District accelerates the layout of the robotics industry, old factories “transform” into new engines of intelligent manufacturing [Chinese]

The Liangxi District is transforming old factories into hubs for the robotics industry, enhancing production efficiency with AI-driven systems. The area is attracting leading companies and developing a comprehensive industrial chain, focusing on humanoid and collaborative robots, while promoting innovation in smart manufacturing and sustainable practices.

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