USA News Group News
Commentary
Issued on behalf of Scope
Technologies Corp.
VANCOUVER, BC, Feb. 27,
2025 /CNW/ -- Quickly countering the
ultra-conservative timeline claims of NVIDIA's CEO Jensen
Huang, Microsoft Corporation (NASDAQ: MSFT) just made a big
statement with its new chip called Majorana 1, stating powerful
quantum computers will be available in years not decades.
Meanwhile, China is advancing its
own quantum strategy, marking a very real threat of global
data-centric authoritarianism. Because of this, government
administrations around the world anticipate quantum computing
threats are on the horizon, ushering in an urgent need for
future-proofing cryptography. As the reality of "q-day" looms,
several companies are in the race, either developing quantum
computing power, or security measures to confront the threat,
including recent developments from Scope Technologies
Corp. (CSE: SCPE) (OTCQB: SCPCF), Nokia Oyj (NYSE:
NOK), Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF), and
D-Wave Quantum Inc. (NYSE: QBTS).
The article continued: Back in late January, the U.S.
Government Accountability Office (GAO) put out a statement
regarding the government's readiness for quantum-computing
cyberattacks. Now the question is no longer if quantum
computing will impact telecom security, but when.
Analysts at McKinsey estimate quantum's influence could
climb as high as $2 trillion by
2035.
Scope Technologies Unveils AI-Enhanced Quantum Preparedness
Assessment (QPA) with Full Risk Management Framework
Integration
Scope Technologies Corp. (CSE: SCPE) (OTCQB: SCPCF), a
pioneering technology company specializing in quantum security,
today announced a major advancement in its Quantum Preparedness
Assessment (QPA) product, now fully integrated with an
industry-standard Risk Management Framework (RMF). Leveraging
AI-driven automation, this QPA solution enables organizations to
efficiently assess, strategize, and prepare for quantum security
threats with greater accuracy and speed than ever before.
"As quantum threats loom closer, businesses must act now to
evaluate and strengthen their security infrastructure," said
Sean Prescott, Founder and CTO of
Scope Technologies Corp. "Our AI-powered QPA, with full RMF
integration, provides a seamless, data-driven approach to assessing
and mitigating risks before it's too late."
With the rapid advancement of quantum computing, traditional
encryption methods are becoming increasingly vulnerable to "Harvest
Now, Decrypt Later" (HNDL) attacks and other quantum-era security
threats.
Recent breakthroughs, including Google's Willow chip and
Microsoft's Majorana 1 processor, underscore the
accelerating timeline for practical quantum computing.
Google's Willow chip demonstrated unprecedented
computational capabilities, solving complex problems at speeds
previously thought impossible, while Microsoft's Majorana 1
introduces a novel topological qubit architecture aimed at
achieving stable, scalable quantum processing.
As quantum computing inches closer to real-world applications,
businesses must act now to understand their exposure and take
proactive measures.
QSE Group, the quantum security division of Scope
Technologies, has developed an automated, AI-powered assessment
tool that streamlines the quantum risk evaluation process,
providing businesses with actionable insights to safeguard their
critical data and infrastructure without a large investment.
Scope's AI-Enhanced QPA introduces key advancements,
including full RMF integration to align quantum security assessment
with established risk management frameworks for compliance and
strategic risk mitigation. Its AI-powered automation reduces manual
effort by dynamically analyzing responses and identifying
vulnerabilities, while a streamlined questionnaire system enhances
usability with an intuitive, automated assessment process tailored
to organizational needs. Now a market-ready solution, it is
available for businesses seeking to proactively assess and
strengthen their quantum security posture.
Recently, Scope announced that its Quantum Security
Entropy (QSE) platform is fully aligned with the U.S. Department
of Health and Human Services' (HHS) proposed updates to the
HIPAA Security Rule. These updates aim to address the rising
threats to healthcare data security. The company quickly followed
that up by showing the market's confidence in its progress, through
completing a $1.8 million private
placement, and receiving a $1 million
debt financing from its first enterprise level client, First
Majestic Silver, totalling $2.8
million in new funds to work with starting immediately.
Scope Technologies continues to aggressively expand its
team and product offerings, reinforcing its position in
next-generation quantum-proof security. With QSE already in
the market and gaining momentum, the company remains focused on
delivering real-world solutions to secure critical data today and
into the future.
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:
Microsoft Corporation (NASDAQ: MSFT) reignited the
market's fascination with quantum computing with the launch of
Majora 1, a chip that could lead to more stable quantum computers.
Majora 1 is the world's first quantum chip powered by a new
Topological Core architecture, which Microsoft it expects
will realize quantum computers capable of solving meaningful,
industrial-scale problems in years, not decades.
"We took a step back and said 'OK, let's invent the transistor
for the quantum age. What properties does it need to have?'" said
Chetan Nayak, Microsoft
technical fellow. "And that's really how we got here – it's the
particular combination, the quality and the important details in
our new materials stack that have enabled a new kind of qubit and
ultimately our entire architecture."
The Majorana 1 processor offers a clear path to fit a million
qubits on a single chip that can fit in the palm of one's hand.
This progress validates Microsoft's choice years ago to
pursue a topological qubit design – a high risk, high reward
scientific and engineering challenge that is now paying off. Today,
Microsoft has placed eight topological qubits on a chip
designed to scale to one million.
Nokia Oyj (NYSE: NOK), recently published a report
emphasizing the importance quantum-safe networks for power
utilities, mining and oil and gas operations. The telecom equipment
making giant now offers its Nokia quantum-safe networks to
protect critical energy networks from present and future quantum
cybersecurity threats. Nokia also recently announced that it
appointed Intel's Justin
Hotard (who currently leads Intel's data center and
AI group) as its new CEO, replacing Pekka
Lundmark, in order to bolster its AI business.
Sari Baldauf, Chair of
Nokia's board of directors, said Hotard had "a strong track
record of accelerating growth in technology companies along with
vast expertise in AI and data center markets, which are critical
areas for Nokia's future growth."
Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) recently
announced a non-exclusive licensing agreement with
Quantolio, a leading provider of AI-driven financial
solutions, granting Quantolio access to Quantum
eMotion's proprietary Entropy-as-a-Service (EaaS) technology,
enabling groundbreaking advancements in financial applications and
quantum artificial intelligence (Quantum AI).
"We are thrilled to partner with Quantolio, a pioneer in
AI-driven financial solutions," said Francis Bellido, CEO of Quantum eMotion
Corp. "This collaboration highlights the growing demand for
quantum-enhanced solutions in financial applications, reinforcing
our mission to deliver next-generation security and performance
solutions."
Under the agreement, Quantolio will integrate Quantum
eMotion's quantum-based EaaS technology into its AI-powered
financial platforms to enhance security, performance, and
decision-making through robust quantum randomness, improving
financial forecasting, Monte Carlo
simulations, risk management models, and market prediction
capabilities.
D-Wave Quantum Inc. (NYSE: QBTS), a leader in quantum
computing systems, software, and services and the world's first
commercial supplier of quantum computers, and Staque, a
leading consulting and development practice in AI, blockchain and
quantum computing, recently announced that the companies have built
a commercial hybrid-quantum application that simulates and
optimizes movements of autonomous agriculture vehicles at scale.
The companies expect the application to accelerate autonomy in
agriculture, streamlining agricultural operations for thousands of
fields in real time. The new application marks one of the world's first examples of a
customer-facing, real-world product powered by quantum computing
for optimization in agriculture.
"We believe that nearly every industry can benefit from the
computational power of quantum optimization, and we're excited to
see one of the first hybrid-quantum applications related to
agriculture," said Dr. Alan Baratz,
CEO of D-Wave. "As farmers increasingly adopt autonomous
agriculture machines to scale and increase the output of their
fields, we believe quantum computing can provide the analysis,
speed, and accuracy necessary to maximize production and minimize
costs."
Article Source:
https://usanewsgroup.com/2024/04/26/the-currency-of-tomorrow-why-investing-in-cutting-edge-ai-recognition-tech-could-mean-big-money/
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