Dear Friends,
Greetings of the day! Welcome to the 19th edition of weekly newsletter by OneQuantum India.
We have started planning for our next event. The event would be themed around healthcare. Quantum Computing can reduce the drug discovery time from couple of years to couple of weeks. In this post pandemic world, various researchers have realized the potential of Quantum technology and are actively considering deploying Quantum as part of their research technology stack.
On 10th of October, we are collaborating with our OneQuantum UAE chapter and would be jointly organizing an event themed on Quantum and Space Economy. Stay tuned for more information on our social media updates.
I continue to meet various professionals / founders / academia / government officials from the Quantum Community and look forward to setting up a one-on-one interaction with you soon.
Should you have any news to share or authored an article or have delivered a talk or participated in a panel discussion related to Quantum Computing and would wish us to cover the same, feel free to ping me on LinkedIn.
Stay Safe,
Regards,
Chintan Oza
President India Region, OneQuantum
https://www.linkedin.com/in/chintanoza
The NITI Aayog, Amazon Web Services, and Intel have joined together to boost digital innovation in India
The National Institution for Transforming India (NITI Aayog), Amazon Web Services (AWS), and Intel have partnered to open a new experience studio at the NITI Aayog Frontier Technologies Cloud Innovation Center (CIC). The studio, which will be housed at NITI Aayog's New Delhi headquarters, will serve as a focus for collaboration and experimentation to facilitate problem solving and innovation among government stakeholders, startups, businesses, and industry domain experts. The studio will assist in demonstrating the potential of technologies such as artificial intelligence (AI), machine learning (ML), the Internet of Things (IoT), augmented reality and virtual reality (AR/ VR), blockchain, and robots in public sector use cases. The studio will promote open innovation and act as a platform for government, healthcare, education, and nonprofit businesses from India. It will also provide companies the opportunity to get the help they need to improve and grow their products. Dr. Rajiv Kumar, Vice Chairman, NITI Aayog, Shri Amitabh Kant, CEO, NITI Aayog, and Rahul Sharma, President, Public Sector – Amazon Internet Services Pvt. Ltd. (AISPL), AWS India and South Asia, officially opened the studio today. Prakash Mallya, VP & MD – Sales, Marketing & Communications Group, Intel India, participated virtually at the inauguration.
Kerala Launches a Digital Hub to Aid Startups
Pinarayi Vijayan, the state Chief Minister of Kerala, recently launched a Digital Hub at the Technology Innovation Zone in Kochi. It has a built-up area of 200,000 square feet and was established under the Kerala Startup Mission (KSUM). The hub can accommodate 200 start-ups in addition to the 165 start-ups housed at the adjacent Integrated Startup Complex. According to sources, the Digital Hub will become one of South Asia's major centers for technological start-ups. The hub contains a design incubator, a healthcare incubator, a mouser electronics center of excellence (CoE), co-working spaces, design studios, an investors hive, and an innovation center. The digital hub is the most recent addition to Startup Mission's Technology Innovation Zone (TIZ), which serves as a worldwide innovation center for a variety of technological industries. The CoE at the center will serve as a one-stop shop for all product design and development activities for software and hardware components, with the goal of grooming shelter-related ideas and innovations. All industries and developing technologies are included, including artificial intelligence (AI), robots, augmented reality/virtual reality, the internet of things, and natural language processing.
https://opengovasia.com/kerala-india-inaugurates-digital-hub-to-support-start-ups/
Mentoring activities are being planned by IIT-M Alumni
The IIT Madras Alumni Association has recommended launching programs to focus alumni energies towards bettering lives. There are 53,825 members in the association, including 22,179 undergraduates and 31,646 postgraduates. It is dubbed the "Mission to Put a Million Smiles" and seeks to mobilize 10% of the alumni base to volunteer on initiatives that will benefit at least a million individuals in India and overseas. One of its main projects is 'Mission 5,000 Ignited Minds,' which will focus on science, technology, and innovation interventions, water and sustainability, and mentoring girls and women in science, technology, engineering, and mathematics (STEM). The association is led by a new set of officers, with Krishnan Narayanan serving as president. Shyamala Rajaram, secretary of the association, said the alumni will work through its seven chapters in India, in addition to those in the United States, Singapore, and Europe. To begin, nearly 5,000 alumni from 15 nations will gather to commemorate the institute's founding day. Short talks on cutting-edge science and technology, quantum computing, and smart manufacturing are on the agenda. The theme of the association's main event, Sangam, will be "Restoring Balance — Women in Leadership and STEM." The group also serves as the South Indian branch of the Society of Women Engineers.
Telangana will have a distinct section for emerging technologies
The world is on the verge of a fourth industrial revolution, or digital revolution, and India should be well prepared to capitalize on the opportunity by leveraging the demographic dividend resulting from approximately 50% of the population under the age of twenty-seven, said IT and Industries Minister KT Rama Rao on Monday. In addition to supporting fourteen key industries, he stated that the state government was eager to develop IT firms in order to generate at least 50,000 IT employment in Telangana's Tier-II cities.
“The digital revolution includes nanotechnologies, 3D printing, data analytics, quantum computing, energy storage, and others. “The state administration will make every effort to seize this opportunity and encourage investment to the state,” he stated. Telangana will soon open a new wing dedicated to innovative technology.
https://telanganatoday.com/telangana-to-establish-separate-wing-for-emerging-techs
Karnataka, signs Memorandums of Understanding to Accelerate Technology Growth
The Karnataka government has signed three memorandums of association (MoA) totaling IN100.52 crores (US$13.5 million) to encourage the growth of disruptive technologies in the state. The agreements were inked during an event in Karnataka to promote innovation, indigenization, and inclusive and fair growth. It was organized by the state government and the Department of Industrial Promotion and Internal Trade (DPIIT). The objective is to promote better ties between, industry, academia, and researchers.
A British company claims to have made a quantum computer breakthrough
A British start-up claims to have created one of the world's smallest quantum computers. Orca Computing, formed two years ago by Oxford researchers lead by Prof Ian Walmsley, whose photonics research is at the core of the firm, claims that its innovative method would make quantum computing more economically feasible. Richard Murray, the company's CEO, intends to highlight the gadget at an industry gathering later this year. Scaling it up to make it powerful, according to one expert, would be the difficulty.
https://www.bbc.com/news/technology-58738571
IonQ becomes first pure play Quantum Computing Company listed on NYSE
IonQ became the first quantum computing hardware firm to go public on 1st Oct 2021, through a special purpose acquisition company (SPAC). While the industry is still years away from developing dependable hardware, IonQ's performance should be a sign of how the market perceives the technology's potential. IonQ began trading on the New York Stock Exchange on Friday morning and finished the day down roughly 10%. Google Ventures, Amazon Web Services, and Bill Gates' environment fund Breakthrough Energy are among its investors.
https://ionq.com/news/october-01-2021-ionq-listed-on-nyse
Quantum computing & AI to help develop a smarter power grid
The researchers suggest a first-of-its-kind, innovative hybrid solution by developing a quantum-computing-based “intelligent system” method to developing a fault-diagnosis framework for reliably detecting issues in electrical power systems. Fumbling for flashlights during blackouts might become a thing of the past, as quantum computing and artificial intelligence learn to identify an electric grid's troublesome idiosyncrasies and repair system glitches so quickly that humans may not notice. Rather than turning energy grid faults into major issues – such as voltage fluctuations or widespread blackouts – blazing fast computation combined with artificial intelligence could rapidly diagnose trouble and find solutions in fractions of a second, according to Cornell research published in Applied Energy (Dec. 1, 2021). “Energy power system failures are an ancient problem that we are currently resolving using conventional computational methods,” said Fengqi You, the Roxanne E. and Michael J. Zak Professor in Energy Systems Engineering in the College of Engineering. “Today's power systems can benefit from AI and the processing capabilities of quantum computing, allowing for more stable and dependable power systems.” You and PhD student Akshay Ajagekar co-authored the paper "Quantum Computing-based Hybrid Deep Learning for Fault Diagnosis in Electrical Power Systems."
https://news.cornell.edu/stories/2021/09/tying-quantum-computing-ai-prompts-smarter-power-grid
Video of the week
Quantum Computing: Fireside Chat: "Quantum Computing startups – the most disruptive deep tech discipline?"
DIGITAL DEMO DAY is Germany’s leading startup expo & conference for industrial tech. National and international industrial tech & smart services start-ups put their products and latest technologies on show. This is all rounded off with a multifaceted conference program, interactive workshops, guided tours and plenty of matchmaking opportunities.