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Classiq collaborates with Hewlett Packard Enterprise on Hybrid Quantum Simulation

Classiq Technologies

Classiq, a leading quantum software company, announced it has developed a rapid method for solving large-scale combinatorial optimization problems in collaboration with Hewlett Packard Labs, the central research community of Hewlett Packard Enterprise (HPE), the result of joint research on the integration of high performance computing (HPC) and quantum computing. The rising level of maturity on the diverse approaches to quantum computation is now raising questions about how to productively integrate leading edge quantum and classical HPC approaches to solve important problems to the top of the research agenda. As the demand for sophisticated computational solutions increases, the integration between HPC and quantum computing is becoming crucial. From scheduling and orchestration to hybrid computation, these two approaches are converging, creating opportunities for innovative solutions to complex problems. This collaboration between Classiq and Hewlett Packard Labs exemplifies the potential of combining state-of-the-art classical and quantum algorithms to achieve superior results The hybrid approach uses the HPE Cray Supercomputing EX system and the massive parallel execution efficiency of HPE Cray Programming Environment for high performance computing along with the Classiq synthesis engine's ability to synthesize Quantum Approximate Optimization Algorithm (QAOA) circuits to achieve noteworthy results. This solution encapsulates smaller problems to formulate an optimal approach for large-scale challenges. By merging classical and quantum algorithms, this method demonstrates a significant improvement in solving real-world problems efficiently and how to make the potential advantages of quantum acceleration readily available in the HPC data center. The work will be showcased in the paper titled “Hybrid Classical-Quantum Simulation of MaxCut using QAOA-in-QAOA,” to be presented on the 31st May at the Q-Casa workshop at the IEEE IPDPS Conference in San Francisco. “This collaboration is a testament to the power of combining cutting-edge quantum and classical computing technologies. We are incredibly proud of the work we have done together, which not only showcases the potential of hybrid computation but also demonstrates tangible efficiency improvements,” said Nir Minerbi, CEO of Classiq. “The findings in this paper are a significant step forward in accelerating the integration of quantum computing into mainstream applications.” Integration of the Classiq engine as backend to Hewlett Packard Labs quantum programming environment will enable abstract, optimized and scalable quantum/HPC software development. By continuing to innovate and develop new solutions, both companies aim to drive the accelerated integration of these key computational technologies, paving the way for future advancements in various industries. HPE’s venture capital program, Hewlett Packard Pathfinder, made a 2022 investment in Classiq. About Classiq Classiq Technologies, the leading quantum software company, provides an all-encompassing platform (IDE, compiler and OS) with a single point of entry into quantum computing, taking you from algorithm design to execution. The high-level descriptive quantum software development environment, tailored to all levels of developer proficiency, automates quantum programming. This ensures that a broad range of talents, including those with backgrounds in AI, ML and linear algebra, can harness quantum computing without requiring deep, specialized knowledge of quantum physics. Classiq democratizes access to quantum computing and equips its users to take full advantage of the quantum computing revolution, including access to a broad range of quantum hardware. Classiq’s core technology, algorithmic quantum circuit compilation, is engineered to power the quantum ecosystem of today and the future. Classiq works closely with quantum cloud providers and advanced computation hardware developers providing software for use with quantum computers, HPC and quantum simulators. Backed by investors such as Hewlett Packard Enterprise’s Hewlett Packard Pathfinder venture capital program, HSBC, Samsung, Intesa Sanpaolo and NTT, Classiq’s world-class team of scientists and engineers has distilled decades of quantum expertise into its groundbreaking quantum engine. Follow Classiq on LinkedIn, X (formerly Twitter) or YouTube, visit the Slack community, GitHub repository and website, www.classiq.io to learn more. Contact Details Rainier Communications Jenna Beaucage +1 508-340-6851 jbeaucage@rainierco.com Company Website http://www.classiq.io/

May 29, 2024 08:05 AM Eastern Daylight Time

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Halving of BTFS Storage Rewards

BitTorrent

Singapore, May 28, 2024 – To sustain the growth and success of the BitTorrent ecosystem, BTFS is set to implement a halving on the next round of rewards for storage miners on the BTFS network. From 00:00 (UTC) June 25, 2024, the daily rewards for storage miners on the BTFS network will be halved from 15 billion BTT to 7.5 billion BTT. The BitTorrent File System (BTFS) is a decentralized file storage system that utilizes blockchain technology and peer-to-peer transmission. It allows users to store their files across multiple nodes in a distributed manner, enhancing file security and reliability. BTFS also offers rapid file transfer and access, giving users greater convenience in managing and sharing files. By integrating key features of the BitTorrent Chain (BTTC), such as cross-chain connectivity and multichannel payment options, BTFS significantly enhances user experience. Currently, the BTFS network is experiencing rapid growth with over 8 million nodes across the network, including more than 6 million super miners, according to BTFS SCAN. To support the efficient operations of these nodes, BTFS initiated a rewards program and has provided an aggregate of 25 trillion BTT since the launch of BTFS Mainnet in 2019. Every two years, the BTFS rewards halving will occur causing the rewards for all storage miners across the network to be cut in half. (Halving roadmap) Moreover, halving will also prompt miners to improve node performance by optimizing node operation and reducing waste. In addition, an upgrade of the official website for the BTFS technical community and the release of BTFS v3.0 Mainnet will be scheduled in sync with the halving. These developments are expected to improve the efficiency of the BTFS protocol, expand the user base, and enhance its overall functionality. Looking ahead, BTFS is committed to continuously refining its storage rewards strategies. The goal is to expand the network of nodes participating in file storage on BTFS, providing developers with an efficient, secure, and reliable storage solution boosting both the capacity and the transaction efficiency of the BTTC network. About BTFS The BitTorrent File System (BTFS) is both a protocol and a web application that provides a content-addressable peer-to-peer mechanism for storing and sharing digital content in a decentralized file system, as well as a base platform for decentralized applications (Dapp). The BTFS team has been working on the latest network operations and BTT market sentiment, etc., to make a series of dynamic adjustments such as upload prices and airdrop reward schemes. About BitTorrent Founded with a leading peer-to-peer sharing technology standard in 2004, BitTorrent, Inc. is a consumer software company based in San Francisco. Its protocol is the largest decentralized P2P network in the world, driving 22% of upstream and 3% of downstream traffic globally. Its flagship desktop and mobile products, BitTorrent and µTorrent, enable users to send large files over the internet, connecting legitimate third-party content providers with users. With over 100 million active users, BitTorrent products have been installed on over 1 billion devices in over 138 countries worldwide. Since November 2018, TRON (TRX), Binance (BNB), and Bitcoin (BTC) holders have the opportunity to purchase one-year subscriptions of BitTorrent or µTorrent products, including Ads Free and Pro for Windows. Pro includes anti-virus and anti-malware screening, file converting and playability in HD. Users can visit bittorrent.com or utorrent.com to learn more. Website | Telegram | Medium | X | Media Contact John Chen press@bittorrent.com Contact Details John Chen press@bittorrent.com

May 28, 2024 07:53 PM Eastern Daylight Time

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Summer Camp & Your Child’s Mental Health

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/lE4NUj6i9ew Physical and mental health go hand in hand. This is as true for youth as it is for adults. And with summer camp season approaching, we once again ponder the impactful role that a camp experience plays in the lives of many children—an experience that often creates lifelong meaningful relationships and positively impacts mental wellness. Children born and living with serious illnesses can experience unimaginable stress. It is for this reason that the positive benefits of the camp are at the heart of SeriousFun Children’s Network, founded by Paul Newman. Thirty-five years ago, Paul Newman founded a camp where kids living with serious and life-limiting medical conditions could break away from the everyday challenges of their illness to discover new possibilities, and more about themselves. Today, Serious Fun Children’s Network, the leading network of medical specialty camps in the world, includes 30 camps and programs which have delivered more than 1.7 million life-changing camp experiences to kids living with a wide variety of serious medical conditions and their families, totally free of charge. A nationwide media tour was conducted on May 9th featuring Dr. Laura Blaisdell, Medical Advisor for SeriousFun Children’s Network. Topics that Dr. Laura Blaisdell discussed included: · The importance of prioritizing mental health for children at camp alongside physical and social health. · How camp can foster Positive Childhood Experiences and how the SeriousFun camp experience is different from other camp programs · Why providing positive childhood experiences is especially important for those children who face medical trauma. For more information, visit SERIOUSFUN.ORG Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

May 21, 2024 01:55 PM Eastern Daylight Time

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Pioneering Education With AI-Driven EdTech Firm Amesite (NASDAQ: AMST): Insights From CEO Dr. Ann Marie Sastry

Benzinga

By James Blacker Amesite Inc (NASDAQ: AMST) CEO Dr. Ann Marie Sastry spoke with Benzinga recently about the company’s mission and the transformative role of Artificial Intelligence (AI) in education. Below, we take a look at the key insights gathered from the interview, including Amesite’s unique approach and vision for the future. What Is Amesite? Amesite is an AI software company dedicated to building platforms and apps that facilitate learning. Their focus ranges from colleges and universities to individual consumers, with an emphasis on accessibility and effectiveness in education. What Sets Amesite Apart From Its Competitors? Other names in the space include Coursera Inc (NYSE: COUR), 2U Inc (NASDAQ: TWOU) and Udemy Inc (NASDAQ: UDMY). According to Dr. Sastry, Amesite gets its competitive edge from the use of AI coupled with a student-centric approach. The company aims to provide not just content but also the tools necessary for success. This is especially true for professional learning, Dr. Sastry noted, which is a lifelong endeavor and has a big impact on financial security and career growth. Amesite’s approach appears to be paying off, as in February the company reported an overall retention rate of 98% for paid learning experiences on its platform, far exceeding the industry average of 68-73%. Why Is Amesite Focused On Education? Continuous upskilling is essential in the world of work. Most of what people do on a daily basis is learned after formal education. The CEO highlighted the pitfalls of traditional learning management systems, which are mainly content repositories and lack a well-designed user experience. Course aggregators, meanwhile, offer courses on everything, making it difficult for consumers to pick out exactly what they need. Amesite, therefore, sees its partnership model with colleges and universities as an ideal way to curate relevant content and tools, addressing the diverse learning needs of individuals and ensuring localized, impactful education solutions. What Does Amesite Foresee Will Be The Next Evolution Of AI In This Space? Amesite invested early in AI and was discussing the technology even back when the company was founded in 2018, shared Dr. Sastry. In April, the company announced the beta release of its new NurseMagic TM app, which uses AI to provide helpful and easy-to-use tools for over 5.2 million nurses. Dr. Sastry sees this strategic shift towards mobile apps as a way to provide people with faster access to AI-powered learning tools. “Surf the AI wave. Make sure you have access to those tools so you can be competitive. That’s something we’re extremely excited about,” she said. Key Targets And Goals For The Company Amesite recently moved to a no-fee model for its higher ed platform, where customers pay monthly per user instead of paying set-up fees. Since then, the company has announced several five-year deals with colleges and universities. It most recently partnered with Volunteer State Community College and Joliet Junior College in March. These partnerships enable tailored learning experiences, addressing regional needs and industry demands. Dr. Sastry highlighted implicit bias training and active shooter preparedness as programs that Amesite now makes available nationwide, as this is a work requirement for many. In March, the company also announced a partnership with Partners for Advancing Clinical Education (PACE) to deliver accredited healthcare education. What's Behind Your Recent Momentum With Five Contract Wins With Various Colleges? Dr. Sastry attributes Amesite’s success to a tailored approach that caters to each institution's unique needs, especially when it comes to aligning with regional requirements and legislative shifts. “By working directly with colleges and universities and generating sustainable revenue, we can actually give the people what they want,” she said. “With our 98% retention, we are a very strong argument for colleges and universities to use the Amesite system, generate impact, and meet the needs that are required from legislators and assemblies.” Watch the full interview here. Featured photo by Compare Fibre on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

May 17, 2024 08:30 AM Eastern Daylight Time

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Fliphead: Redefining Fashion with Upcycled Garments and Couture

Spark Metro

In a fashion landscape increasingly defined by sustainability and conscious consumption, one brand stands out for its innovative approach to upcycling and eco-conscious couture. Fliphead, an Indian-based fashion label founded by two designers, Saumya from India and Mihkel from Estonia, is making waves in the industry with its transformative philosophy and commitment to reducing waste. Fliphead's journey began with a simple yet powerful idea: to reimagine fashion by giving new life to discarded materials. Through meticulous craftsmanship and a keen eye for design, Saumya and Mihkel have turned this vision into a reality, creating stunning garments that are both stylish and sustainable. At the heart of Fliphead's ethos is the concept of upcycling – the process of repurposing old or unused materials into new, high-quality products. By utilizing materials that would otherwise end up in landfills, Fliphead not only minimizes its environmental impact but also adds a unique and eclectic flair to its collections. One of Fliphead's flagship offerings is its range of festival clothes, which are designed to capture the vibrant spirit of India's diverse cultural celebrations. From colorful saris transformed into flowy dresses to intricately embroidered jackets crafted from vintage textiles, each piece tells a story of creativity and craftsmanship. In addition to its ready-to-wear collections, Fliphead also offers a couture service that is truly one-of-a-kind. Catering to clients who crave individuality and sustainability, the brand's couture pieces are made exclusively from upcycled materials, ensuring that each garment is as eco-conscious as it is luxurious. What sets Fliphead apart from other fashion labels is its unwavering commitment to sustainability and ethical practices. From sourcing materials locally to partnering with artisans who share their values, Saumya and Mihkel are dedicated to creating a positive impact on both the environment and the communities they serve. As consumers become increasingly aware of the environmental and social implications of their purchasing decisions, brands like Fliphead are leading the way towards a more sustainable future for fashion. With their innovative approach and dedication to upcycling, Saumya and Mihkel are not just changing the way we think about clothes – they're changing the industry itself. Contact Details Alex +1 302-597-6768 Apexreviews154@gmail.com Company Website https://fliphead.com/

May 13, 2024 04:56 PM Eastern Daylight Time

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5thScape Lists "MMA Cage Conquest" on Meta Store: Step into the Ultimate Virtual MMA Arena

Spark Metro PR

Mixed Martial Arts fans and enthusiasts, your virtual fighting dreams have arrived! 5th Scape delivers a transformative experience with "MMA Cage Conquest," stepping far beyond traditional fighting games into true sensory immersion. Step into the iconic MMA cage, feel the roar of the crowd and become the champion you always envisioned. The 5thScape Project is an ambitious venture that aims to create a comprehensive Virtual Reality ecosystem. In this VR ecosystem many developers, gamers and experts from various industries can collaborate. This is a VR gaming studio startup in which they focus on developing games, movies, animations etc. Apart from this, they are also planning to launch a special VR headset and a VR Chair which is an ergonomically perfect chair for long gaming sessions. Now, coming back to the MMA Cage game, - "MMA Cage Conquest" redefines virtual combat. Its skill-based system demands true martial arts strategy along with honed reflexes. Learn and master strikes like a real-life wrestling professional. It includes (not limited to) powerful grappling throws and the intricacies of ground control to secure your victories. Feel the impact of every blow, the thrill of a perfectly executed submission, and the tension of a match fought on the razor's edge. Training lies at the heart of "MMA Cage Conquest." This journey transcends button-mashing and enters the realm of personal development. Start as an eager underdog, mastering the fundamentals through rigorous simulations. Refine your striking, defense, and ground game, tracking your progression and building unshakeable confidence. With each session, you don't just play the game – you live the fight. MMA Cage Conquest is all set to make gaming experiences more vigorous and a powerhouse for the senses. Feel the rush in your bones as you climb the leaderboards, and establish yourself as the ultimate MMA cage conqueror. Ready to unleash your inner champion? "MMA Cage Conquest" will be available on the Meta platform. Submitted for listing on May 2, 2024, the developers await approval. Visit 5thscape.com for trailers, release updates, and the latest news on your journey to become the undisputed MMA Cage conqueror. Contact Details 5th Scape 5th SCAPE Team +1 302-597-6768 team@5thscape.com Company Website https://5thscape.com

May 08, 2024 06:18 AM Eastern Daylight Time

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AC MILAN AND WEB3 IGAMING LEADER TG.CASINO SIGN NEW PARTNERSHIP DEAL

Finance News

AC Milan and TG.Casino are delighted to announce a new partnership, which sees the online casino platform become the Official Regional iGaming Partner of the Rossoneri in Europe. This new collaboration between two frontrunners in their own fields offers a great opportunity to create something new and innovative. This partnership demonstrates the platform’s intent to take on and beat the iGaming competition to become the ultimate destination for all ambitious Gamefi players. The deal catapults TG.Casino into the top ranks of GameFi by bringing the brand into the living rooms and onto the mobiles of tens of millions of consumers all over Europe. Thanks to this new partnership, $TGC token holders will have the chance to win lots of experiences offered by the Rossoneri club. From visits to the Milanello training centre to winning official AC Milan jerseys and VIP access at the San Siro stadium, football fans will have the chance to enjoy unique and exclusive experiences. The new partnership provides AC Milan with a new fan engagement tool, creating bespoke experiences, which aim to give them more access, and bring them even closer to their beloved Club. TG.Casino on Web: https://shrt.care/e44200d4 TG.Casino on Telegram: https://t.me/tgcasinoofficialbot?start=intpr Contact Details Alex Brown alex@sportsnews.com

May 06, 2024 08:00 AM Eastern Daylight Time

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5thScape to list its first game “MMA Cage Conquest” on Meta Store: Ultimate Virtual MMA Experience

Spark Metro PR

Mixed Martial Arts fans and enthusiasts, your virtual fighting dreams have arrived! 5th Scape delivers a transformative experience with "MMA Cage Conquest," stepping far beyond traditional fighting games into true sensory immersion. Step into the iconic MMA cage, feel the roar of the crowd and become the champion you always envisioned. The 5thScape Project is an ambitious venture that aims to create a comprehensive Virtual Reality ecosystem. In this VR ecosystem many developers, gamers and experts from various industries can collaborate. This is a VR gaming studio startup in which they focus on developing games, movies, animations etc. Apart from this, they are also planning to launch a special VR headset and a VR Chair which is an ergonomically perfect chair for long gaming sessions. Now, coming back to the game, - "MMA Cage Conquest" redefines virtual combat. Its skill-based system demands true martial arts strategy along with honed reflexes. Learn and master strikes like a real-life wrestling professional. It includes (not limited to) powerful grappling throws and the intricacies of ground control to secure your victories. Feel the impact of every blow, the thrill of a perfectly executed submission, and the tension of a match fought on the razor's edge. Training lies at the heart of "MMA Cage Conquest." This journey transcends button-mashing and enters the realm of personal development. Start as an eager underdog, mastering the fundamentals through rigorous simulations. Refine your striking, defense, and ground game, tracking your progression and building unshakeable confidence. With each session, you don't just play the game – you live the fight. MMA Cage Conquest is all set to make gaming experiences more vigorous and a powerhouse for the senses. Feel the rush in your bones as you climb the leaderboards, and establish yourself as the ultimate MMA cage conqueror. Ready to unleash your inner champion? " MMA Cage Conquest " will be available on the Meta platform. Submitted for listing on May 2, 2024, the developers await approval from Meta. Visit 5thscape.com for trailers, release updates, and the latest news on your journey to become the undisputed MMA Cage Conqueror. Contact Details 5th Scape 5thScape Team +1 302-597-6768 Team@5thscape.com Company Website https://5thscape.com

May 03, 2024 06:51 AM Eastern Daylight Time

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Flash Wins California Energy Commission $5.8M Grant for EV Charger ‘Innovation Lab’ in Oakland

Flash Parking

The California Energy Commission (CEC) and Flash, a pioneer in parking + charging solutions, today announced Flash secured a $5.8 million grant from CEC for a large-scale electric vehicle (EV) charger demonstration project in Oakland, California. The first-of-its-kind project will deploy at least 446 low-cost Level 2 EV chargers over a two-year period in convenient, high-density, high-visibility installations in a 1.5-mile area around downtown Oakland. With $24 million in funding from California’s Clean Transportation Program, the CEC grant to Flash and other awardees aims to demonstrate replicable and scalable business and technology models to deploy Level 2 charging infrastructure and improve public awareness of and confidence in Level 2 charging access. The project will also include installation of two Battery Energy Storage Systems that will help safeguard EV charger affordability during periods of peak energy demand. “Bay Area residents’ early commitment to the EV transition uniquely positions this community to serve as an ‘Innovation Lab’ for electrification projects in California and nationwide,” said Matt McCaffree, Vice President of Utility Market Development for Flash. “This collaboration with CEC will not only show what’s possible in high-density smart cities like Oakland but also keep the charging gap for early adopters from becoming a confidence gap for the next wave.” Bay Area EV adoption continues to outpace the national average by a factor of three. By installing reliable, affordable, and convenient public chargers, Flash and the CEC aim to close the charging gap and encourage further EV adoption—particularly among downtown residents, for whom dependable public charging is a prerequisite for ownership in lieu of at-home chargers. The success of the project would establish quality public charging as a standard among the practical, convenient, and environmentally-friendly “smart cities” of the future. “For residents living in downtown areas where at-home charging isn't an option, reliable and convenient public charging is key for continued EV adoption,” said CEC’s Lead Commissioner for Transportation Patty Monahan. “The CEC is looking forward to Flash's deployment of hundreds of Level 2 chargers throughout downtown Oakland to be a model of successful public charging.” The project will also generate invaluable data regarding battery capacities, operating costs, replicable price points, and emergency procedures, as well as insights toward stimulating demand and increasing return on investment. This information can then be used to expand and improve upon the Oakland deployment and inform electrification efforts throughout California and beyond. About Flash Flash is a pioneering technology company bringing seamless parking and EV charging experiences to drivers through a first-of-its-kind digital ecosystem. Flash’s platform connects reservable parking and charging in the apps drivers use every day with garage, surface lot, event, and valet parking locations — connected and controlled via a cloud-based operating system with unrivaled intelligence. Customer-obsessed brands partner with Flash to deliver digital, easy-to-use, reliable, and increasingly frictionless experiences to drivers eager to pay for a solution that eliminates wasted time, excess emissions, and stress from driving. The solution has arrived. Visit www.flashparking.com to learn more. Contact Details Flash Ray Young +1 512-694-6097 ray@razorsharppr.com Company Website https://www.flashparking.com/

May 02, 2024 08:30 AM Pacific Daylight Time

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