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IBM Launches Its Most Advanced Quantum Computers, Fueling New Scientific Value and Progress towards Quantum Advantage

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Qiskit, the world’s most performant quantum software, can extend length and complexity of certain circuits to 5,000 two-qubit operations with accurate results on IBM quantum computers

RIKEN and Cleveland Clinic explore new, scientifically valuable problems by combining quantum and classical resources with Qiskit; Rensselaer Polytechnic Institute takes steps towards quantum-centric supercomputing

Qiskit services from IBM, Algorithmiq, Qedma, QunaSys, Q-CTRL, and Multiverse Computing to expand performance while simplifying how next-generation algorithms can be built

YORKTOWN HEIGHTS, N.Y., Nov. 13, 2024 /PRNewswire/ — Today at its inaugural IBM Quantum Developer Conference, IBM (NYSE: IBM) announced quantum hardware and software advancements to execute complex algorithms on IBM quantum computers with record levels of scale, speed, and accuracy.

IBM Quantum Heron, the company’s most performant quantum processor to-date and available in IBM’s global quantum data centers, can now leverage Qiskit to accurately run certain classes of quantum circuits with up to 5,000 two-qubit gate operations. Users can now use these capabilities to expand explorations in how quantum computers can tackle scientific problems across materials, chemistry, life sciences, high-energy physics, and more.

This continues the achievement of milestones on IBM’s Quantum Development Roadmap, and further advances the era of quantum utility as IBM and its partners progress towards quantum advantage and IBM’s advanced, error-corrected system planned for 2029. 

The combined improvements across IBM Heron and Qiskit can execute certain mirrored kicked Ising quantum circuits of up to 5,000 gates, which is nearly twice the number of gates accurately run in IBM’s 2023 demonstration of quantum utility. This work further extends the performance of IBM’s quantum computers beyond the capabilities of brute-force classical simulation methods. The 2023 utility experiment, published in Nature, demonstrated the speed results in terms of time to process, per data point, which totaled 112 hours. The same experiment, using the same data points, was run on the latest IBM Heron processor and can be completed in 2.2 hours, which is 50 times faster.

IBM has further evolved Qiskit into the world’s most performant quantum software to allow developers to more easily build complex quantum circuits with stability, accuracy, and speed. This is evidenced by results gathered and published on arXiv.org using Benchpress, an open-source benchmarking tool which IBM used to measure Qiskit across 1,000 tests, largely from third parties, and found it to be the highest-performing, most reliable quantum software development kit against other selected platforms.

“Advances across our hardware and Qiskit are enabling our users to build new algorithms in which advanced quantum and classical supercomputing resources can be knit together to combine their respective strengths,” said Jay Gambetta, Vice President, IBM Quantum. “As we advance on our roadmap towards error-corrected quantum systems, the algorithms discovered today across industries will be key to realizing the potential to solve new problems realized through the convergence of QPUs, CPUs, and GPUs.”

New Software Tools to Advance Development of Next-Generation Algorithms

The IBM Quantum Platform is further expanding options with new Qiskit services such as generative AI-based capabilities and software from IBM partners, allowing a growing network of experts across industries to build next-generation algorithms for scientific research. 

This includes tools such as the Qiskit Transpiler Service to power the efficient optimization of quantum circuits for quantum hardware with AI; Qiskit Code Assistant to help developers generate quantum code with IBM Granite-based generative AI models; Qiskit Serverless to run initial quantum-centric supercomputing approaches across quantum and classical systems; and the IBM Qiskit Functions Catalog to make services available from IBM, Algorithmiq, Qedma, QunaSys, Q-CTRL, and Multiverse Computing for capabilities such as reducing the performance management of quantum noise, as well as abstracting away the complexities of quantum circuits to simplify the development of quantum algorithms.

“Algorithmiq’s tensor error network mitigation algorithm (TEM), available through the IBM Qiskit Functions Catalog, offers state-of-the-art error mitigation for circuits at utility scale by leveraging steps towards quantum-centric supercomputing approaches, delivering the fastest quantum runtime we’ve yet offered to users,” said Matteo Rossi, CTO, Algorithmiq. “With the recent advancements we’ve made to combine quantum computers with post-processing on GPUs, we are pushing TEM’s capabilities to support circuits with up to 5,000 entangled quantum gates – a milestone for scaling quantum experiments and tackling complex problems. This could open the door to quantum simulations and computations previously constrained by noise limitations.”

“Progress across IBM quantum hardware and software are instrumental to Qedma’s mission to build services that will allow our users to run the longest and most complex quantum circuits,” said Dorit Aharonov, Chief Scientific Officer, Qedma. “Combined with our own achievements in error mitigation, which we offer via Qedma’s service in the IBM Qiskit Functions Catalog, we look forward to furthering our mission of enabling global users to build algorithms with today’s quantum systems – and to achieve increasingly accurate results of scientific value.”

Qiskit Fuels Quantum and Classical Integration Towards Future of Computing

As the next evolution of high-performance computing, IBM’s vision of quantum-centric supercomputing aims to integrate advanced quantum and classical computers executing parallelized workloads to easily break apart complex problems with performant software, allowing each architecture to solve parts of an algorithm for which it is best suited. Such software is being designed to seamlessly and quickly knit problems back together, allowing algorithms to be run that are inaccessible or difficult for each computing paradigm on its own.

RIKEN, a national scientific research institute in Japan, and Cleveland Clinic, a leading academic medical center and biomedical research institution with an on-site and utility-scale IBM Quantum System One, are exploring algorithms for electronic structure problems that are fundamental to chemistry.

These initiatives represent the first steps towards quantum-centric supercomputing approaches to realistically model complex chemical and biological systems, a task historically believed to require fault-tolerant quantum computers.

Early examples of these types of workflows are methods based on parallel classical processing of individual samples from quantum computers. Building on prior techniques, such as QunaSys’s QSCI method, IBM and RIKEN researchers have performed sample-based quantum diagonalizations in quantum-centric supercomputing environments, which make use of quantum hardware to accurately model the electronic structure of iron sulfides, a compound present widely in nature and organic systems.

Now available as a deployable Qiskit service, this same technique is being leveraged by Cleveland Clinic to explore how it could be used to implement quantum-centric simulations of noncovalent interactions: bonds between molecules that are essential to many chemical, biological, and pharmaceutical science processes.

“This research is an example of what makes our research partnership successful – bringing together IBM’s next-generation technologies with Cleveland Clinic’s world-renowned expertise in healthcare and life sciences,” said Lara Jehi, MD, Chief Research Information Officer at Cleveland Clinic. “Together, we are pushing through traditional scientific boundaries using cutting-edge technology such as Qiskit to advance research and find new treatments for patients around the globe.”

“With our partners at IBM, we were able to leverage their advanced quantum computing electronic structure algorithm to study – for the first time – intermolecular interactions on the on-site IBM Quantum System One at Cleveland Clinic, which are important for potential future applications in drug discovery and design,” said Kennie Merz, PhD and quantum molecular scientist at Cleveland Clinic.

“The RIKEN Center for Computational Science (R-CCS) is conducting the Japan High Performance Computing-Quantum (JHPC-Quantum) project, which aims to build a quantum-HPC hybrid computing platform by integrating our supercomputer, Fugaku, with an on-premises IBM Quantum System Two powered by an IBM Quantum Heron processor. In the era of quantum utility, we will strongly support the initiative’s goal of demonstrating quantum-centric supercomputing approaches by using our platform as a first step towards this new computing architecture,” said Mitsuhisa Sato, the director of Quantum-HPC Hybrid Platform Division, RIKEN Center for Computational Science.

Additionally, Rensselaer Polytechnic Institute is using Qiskit tools to take initial steps to build IBM’s first realization of quantum-centric supercomputing on a university campus. With performant software, RPI and IBM are aiming to successfully connect workloads across the AiMOS classical supercomputer and IBM Quantum System One, both located on RPI’s campus, into a single computational environment managed by a standard high-performance computing resource manager.

“Since unveiling IBM Quantum System One on the RPI campus earlier this year, we have taken steps toward another significant first by starting the work to link the quantum system and our AiMOS supercomputer,” said Martin A. Schmidt, Ph.D., president of RPI. “This moment is a testament to our longstanding partnership with IBM, and, like the pairing of quantum computing and supercomputing, our two institutions together will drive exciting breakthroughs in the years to come.”

About IBM

IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. More than 4,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM’s long-standing commitment to trust, transparency, responsibility, inclusivity and service. Visit www.ibm.com for more information.

Contact:
Erin Angelini
edlehr@us.ibm.com 

SOURCE IBM

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Reliance Digital Brings Samsung’s Latest Galaxy Z Fold8 Series and Galaxy Z Flip8 to Stores Across India

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Be among the first to own the new Samsung Galaxy Z Fold8 series and Galaxy Z Flip8. Customers can now pre-order the latest Galaxy foldables at Reliance Digital, with EMIs starting at ₹6000/month.

MUMBAI, India, July 25, 2026 /PRNewswire/ — Reliance Digital, India’s leading consumer electronics retailer, today announced the availability of Samsung’s latest generation of foldable smartphones – the Galaxy Z Fold8 Ultra, Galaxy Z Fold8 and Galaxy Z Flip8. Designed to deliver the next evolution of Galaxy AI, powerful performance and iconic foldable innovation, Samsung’s newest line-up is now available across Reliance Digital stores and online.

Built around Samsung’s vision of making AI more intuitive and personal, the new Galaxy foldables combine immersive displays, premium craftsmanship and intelligent experiences that seamlessly adapt to the way users work, create and stay connected.

Leading the line-up is the Galaxy Z Fold8 Ultra, Samsung’s most premium foldable yet. Featuring an expansive 8-inch Dynamic AMOLED 2X main display, a flagship 200MP camera, the latest Snapdragon® 8 Elite Gen 5 for Galaxy processor and a 5,000mAh battery, the device is engineered for users who demand the ultimate in productivity, creativity and entertainment. It is available in Graphite, Cream and Violet Shadow,.

The Galaxy Z Fold8 brings Samsung’s signature foldable experience in a more compact form factor, featuring a 7.6-inch Dynamic AMOLED 2X main display, a redesigned wider cover screen, Galaxy AI-powered multitasking and flagship-grade performance. Customers can choose from Lavender, Graphite and Cream colour options.

Completing the line-up is the Galaxy Z Flip8, Samsung’s most stylish foldable smartphone, designed for users who want flagship performance in a compact, pocket-friendly form. Equipped with a vibrant 6.9-inch Dynamic AMOLED 2X display, an enhanced FlexWindow, a 50MP camera system and Galaxy AI experiences, the Flip8 effortlessly blends fashion with functionality.

Customers can visit their nearest Reliance Digital store to experience the new foldables first-hand with guidance from Reliance Digital’s Tech Dosts, compare models, explore exclusive launch offers and Pre-order the Galaxy device that best fits their lifestyle. The complete Galaxy Z Fold8 series and Galaxy Z Flip8 are also available through Reliance Digital’s online platform, ensuring customers can be among the first to own Samsung’s latest foldable innovations.

View original content to download multimedia:https://www.prnewswire.com/in/news-releases/reliance-digital-brings-samsungs-latest-galaxy-z-fold8-series-and-galaxy-z-flip8-to-stores-across-india-302834321.html

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Weichai’s Five Tech Routes Global Debut: Diverse Paths to a Green, Smart Future

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HANOI, Vietnam, July 25, 2026 /PRNewswire/ — At VEC in Vietnam on July 21, the Shandong Heavy Industry global partners conference & green intelligent products expo opened. Responding to the green transition of global commercial vehicles and heavy equipment, Weichai – with decades of expertise – unveiled five core tech routes: BEV, HEV, PEMFC, alternative-fuel ICE, and ADAS. Through full-chain proprietary control and breakthroughs, it provides efficient, low-carbon, intelligent power solutions to the global market.

Battery electric vehicle powertrain: full-chain deployment and high-efficiency recharging: Weichai masters core battery, motor, and e‑control technologies. Its CT100 battery – for heavy tractors and dump trucks – features integrated design and triple insulation, delivering better reliability, efficiency, safety, and speed. The WMS3200 drive system, tailored for heavy‑truck haulage, boosts efficiency and cuts vehicle power consumption. The WMC‑L/H/B integrated controllers offer stable, efficient control for light trucks, heavy trucks, and buses.

Hybrid electric vehicle powertrain: deep integration and ultra-long range: Weichai covers series, parallel, and series-parallel architectures, deeply integrating engine and e-drive. For urban logistics, the WP2.5T range extender offers quick response and low noise; for long-haul transport, the WP3NNG natural-gas range extender uses a “pure electric for short hauls, range-extended for long hauls” mode, with over 1,000 km combined range, easing range anxiety.

Proton exchange membrane fuel cell: zero-carbon leadership: Weichai has built a full-chain hydrogen energy system covering components, stacks, and systems. The WEF300 fuel cell engine has been deployed in volume in 49-ton heavy-duty trucks, suitable for long-haul and port logistics. The WEFG500 power generation system provides megawatt-class scalable power to support data centers and industrial plants.

Alternative fuel internal combustion engine: diverse clean-energy options and exceptional cost-effectiveness: Modular design enables flexible switching between H₂ and methanol. WP15DI hydrogen ICE peaks at 46.8% thermal efficiency; WP17T methanol ICE targets heavy‑equipment energy use, cuts operating costs, and is mass‑deployed in 130‑ton mining trucks.

Intelligent driving assistance system: vehicle-road-cloud collaboration: Weichai built a vehicle‑road‑cloud full‑stack architecture, with mining autonomous solution for cm‑level docking & obstacle avoidance, and trunk‑line ADAS with intelligent cruise & auto lane‑change, boosting high‑speed safety and economy.

Going forward, Weichai will keep iterating these five tech routes with global partners to advance sustainable manufacturing.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/weichais-five-tech-routes-global-debut-diverse-paths-to-a-green-smart-future-302834548.html

SOURCE Weichai Group

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Portland General Electric declares dividend

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PORTLAND, Ore., July 24, 2026 /PRNewswire/ — The board of directors of Portland General Electric Company (NYSE: POR) declared a quarterly common stock dividend of $0.55125 per share.

The company’s dividend is evaluated based on capital requirements and financial performance. PGE targets a dividend payout ratio of 60 to 70% over the long term.

The quarterly dividend is payable on or before October 15, 2026, to shareholders of record at the close of business on September 25, 2026.

About Portland General Electric Company
Portland General Electric (NYSE: POR) is an integrated energy company that generates, transmits and distributes electricity to nearly 960,000 customers serving an area of approximately 2 million Oregonians. Since 1889, Portland General Electric (PGE) has been powering economies, delivering safe, affordable and reliable electricity while working to transform energy systems to meet evolving customer needs. PGE continues to make progress towards emissions reduction targets, and customers have set the standard for prioritizing clean energy with the No. 1 voluntary renewable energy program in the country. PGE is ranked a top ten utility in the 2025 Forrester U.S. Customer Experience Index. In 2025, PGE employees and retirees volunteered over 18,300 hours to more than 400 nonprofits organizations. Through the PGE Foundation, along with corporate contributions and the employee matching gift program, more than $5 million was directed to charitable organizations supporting economic growth and community resilience across our service area. For information: portlandgeneral.com/news.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise.

Forward-looking statements include statements, other than statements of historical or current fact, regarding the Company’s amount and timing of dividends payable as well as other statements containing words such as “committed to,” “targets,” or similar expressions.

There can be no assurance that future dividends will be declared. The declaration of future dividends is subject to approval of our board of directors and various risks and uncertainties, including, but not limited to: our cash flow and cash needs; the timing or amount of dividends paid; the timing or outcome of various legal and regulatory actions; changes in the Company’s business strategy; increases in capital expenditures; changes in capital and credit market conditions, including volatility of equity markets as well as changes in PGE’s credit ratings and outlook on such credit ratings restrictions on the payment of dividends under existing or future financing arrangements; changes in tax laws relating to corporate dividends; deterioration in our financial condition or results, and those risks, uncertainties, and other factors identified from time-to-time in our filings with the United States Securities and Exchange Commission (SEC), including our annual report on Form 10-K for the year ended December 31, 2025 and subsequent quarterly reports on Form 10-Q. These reports are available through the EDGAR system free-of-charge on the SEC’s website, www.sec.gov and on the Company’s website, investors.portlandgeneral.com. Investors should not rely unduly on any forward-looking statements. The Company assumes no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors.

Media Contact:
Drew Hanson
Corporate Communications
Phone: 503-464-2067

Investor Contact:
Erin Schwartz
Investor Relations
Phone: 503-464-7751

View original content:https://www.prnewswire.com/news-releases/portland-general-electric-declares-dividend-302834503.html

SOURCE Portland General Company

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