Technology
IBM Launches Its Most Advanced Quantum Computers, Fueling New Scientific Value and Progress towards Quantum Advantage
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1 year agoon
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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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Technology
Best Accounting Software for Medium-Sized Business UK (2026): QuickBooks Advanced Recognised as a Scalable Finance Platform for UK Mid-Market Businesses by Consumer365
Published
2 hours agoon
May 9, 2026By
NEW YORK, May 9, 2026 /PRNewswire/ — As demand for scalable financial tools grows, attention is shifting towards the best accounting software for medium-sized businesses in the UK in 2026, as organisations face increasingly complex accounting requirements. Consumer365 has recognised QuickBooks as a cloud-based platform supporting more structured financial management, reflecting a wider focus on improving automation, visibility, and compliance readiness.
Best Accounting Software for Medium-Sized Business UK
QuickBooks – developed as a cloud-based accounting platform, it enables medium-sized businesses to manage financial operations, automate core accounting processes, and maintain compliance with UK regulatory requirements.
Growing Demand for Scalable Financial Systems in the UK Mid-Market
Medium-sized businesses in the UK are operating in an environment where financial management is becoming increasingly complex. Growth introduces additional reporting layers, heightened regulatory expectations, and the need for consistent financial oversight across departments.
Traditional accounting methods are often no longer sufficient under these conditions. Spreadsheet-based systems and entry-level tools can struggle to deliver accurate, timely insights. This creates visibility gaps that can impact planning and decision-making.
QuickBooks has been identified within this context as a platform designed to support more structured financial management. Its positioning reflects a broader shift towards systems that centralise financial data and reduce fragmentation across business operations.
QuickBooks Positioned as a Scalable Financial Platform
QuickBooks operates as a cloud-based accounting system developed by Intuit. It is designed to support businesses that require more than basic bookkeeping functionality, focusing on helping organisations manage financial processes in a more connected and scalable way.
A key aspect of its design is the ability to consolidate financial information within a single system. This allows businesses to manage invoicing, expenses, reporting, and cash flow tracking without relying on multiple disconnected tools.
The platform is also structured to support growth. As businesses expand, financial operations often become more distributed across teams. QuickBooks enables multiple users to work within the same system while maintaining structured access controls, helping ensure consistency and oversight as complexity increases.
Financial Visibility, Automation, and Operational Control
One of the central functions of QuickBooks is improving financial visibility across business operations. Real-time data access allows organisations to monitor cash flow, expenses, and overall financial performance without waiting for end-of-period reporting cycles.
Automation plays a significant role in reducing manual workload. Financial processes such as invoicing, transaction categorisation, and expense tracking can be streamlined, reducing reliance on repetitive manual input and supporting more consistent financial records.
Operational control is reinforced through structured user permissions. Businesses can assign access levels based on roles, ensuring financial data is managed securely while still enabling collaboration across departments. This structure is particularly relevant for medium-sized organisations where multiple teams interact with financial systems.
Integration, Compliance, and System Connectivity
QuickBooks is designed to integrate with a range of business tools commonly used by UK organisations. These include payroll systems, customer relationship management platforms, and other operational software. This level of connectivity helps ensure that financial data remains consistent across systems.
Compliance is also a core part of the platform’s structure. UK businesses must meet specific regulatory requirements, including VAT reporting and Making Tax Digital standards. QuickBooks includes features that support these obligations within the system, reducing the need for manual compliance processes.
By aligning financial reporting with regulatory standards, the platform helps organisations maintain accurate records while reducing the administrative burden associated with tax and compliance requirements.
Operational Impact and Long-Term Financial Structure
As businesses grow, financial systems often become central to overall operational structure. Decisions related to hiring, investment, and expansion rely on access to accurate and timely financial data. Systems that lack integration or real-time visibility can slow decision-making and introduce inefficiencies.
QuickBooks supports a more structured approach by centralising financial information. This reduces fragmentation and helps ensure consistency across the organisation. It also supports continuity, minimising the need for frequent system changes as businesses scale.
The platform is designed to adapt to increasing complexity over time. As transaction volumes grow and reporting requirements expand, it remains stable while accommodating additional users and workflows.
This approach aligns with the needs of medium-sized businesses transitioning from smaller-scale operations to more advanced financial environments.
Market Context and Financial Management Trends
The recognition of QuickBooks reflects broader developments in financial technology adoption among UK medium-sized businesses. Organisations are increasingly prioritising systems that improve efficiency while reducing operational complexity.
Financial management is no longer limited to recordkeeping. It has become a core business function that influences strategic planning and overall performance. As a result, platforms that provide integrated financial oversight are becoming more relevant across a wide range of industries.
QuickBooks fits within this shift by offering a system that combines core accounting functionality with workflow automation and reporting capabilities. This supports businesses that require both day-to-day financial management and longer-term planning tools.
The emphasis on scalability also reflects changing expectations in the mid-market sector. Businesses are seeking platforms that can grow with them, rather than systems that need to be replaced as operational requirements evolve.
Conclusion
Consumer365 has recognised QuickBooks as a relevant financial platform for medium-sized businesses operating in the UK in 2026. The recognition highlights its focus on scalability, financial visibility, and structured operational control.
The platform is positioned to support organisations as they move beyond basic accounting systems and adopt more integrated financial management structures. Its emphasis on automation, compliance support, and system connectivity aligns with the operational needs of growing businesses.
As financial complexity continues to increase across the mid-market sector, tools that centralise financial data and support real-time decision-making are becoming more widely adopted. QuickBooks represents one of the platforms contributing to this shift towards more structured financial management approaches.
To read the full review, please visit the Consumer365 website.
About Intuit
Intuit is the global financial technology platform that powers prosperity for the people and communities we serve. With approximately 100 million customers worldwide using products such as TurboTax, Credit Karma, QuickBooks and Mailchimp, we believe that everyone should have the opportunity to prosper. We never stop working to find new, innovative ways to make that possible. Please visit us at Intuit.com and find us on social for the latest information about Intuit and our products and services.
About Consumer365.org: Consumer365 provides consumer news and industry insights. As an affiliate, Consumer365 may earn commissions from sales generated using links provided.
Disclaimer
Where AI content is used: This information is intended to outline our general product direction, but represents no obligation and should not be relied on in making a purchasing decision. Additional terms, conditions and fees may apply with certain features and functionality. Eligibility criteria may apply. Product offers, features, functionality are subject to change without notice.
General content disclaimer: This information is provided free of charge and is intended to be helpful to a wide range of businesses. Because of its general nature the information cannot be taken as comprehensive and they do not constitute and should never be used as a substitute for legal, accounting, tax or professional advice. Intuit cannot guarantee that the information applies to the individual circumstances of your business. Despite our best efforts it is possible that some information may be out of date.
Any reliance you place on information found on this site or linked to on other websites will be at your own risk. You should consider seeking the advice of independent advisers and should always check your decisions against your normal business methods and best practice in your field of business.
SOURCE Consumer365.org
Technology
BOE continues to launch new products and solutions in the field of high-end displays
Published
3 hours agoon
May 9, 2026By
LOS ANGELES, May 9, 2026 /PRNewswire/ —
1、Redefine Visual Experience with Scientific Standards! BOE Releases Core Research Findings on OLED Display Clarity-Legibility Index, Paving the Way for the Industry’s First Transparent Pro Standard to Deliver Supreme Visual Experience
With the rapid popularization of OLED display technology, basic screen indicators including resolution, color gamut and brightness keep improving. Meanwhile, display transparency — a core experience metric that determines visual comfort , image authenticity and premium visual quality — has drawn growing attention across the industry.
Recently, BOE has empowered the launch of the industry’s first flagship high-transparency OLED display panel, setting an industry-leading benchmark in four key dimensions: color, depth , clarity and dynamic range. It ushers high-end display into a new era, shifting from purely numerical technical specifications to ultimate user-centric visual experience.
In addition, BOE officially unveiled its in-depth research achievements on OLED display transparency. It has identified the core underlying factors affecting visual transparency through scientific research, pioneered the industry’s first display transparency index formula, and facilitated the release of the first authoritative evaluation standard for OLED display transparency. This marks an industry’s transformation from specs-oriented to experience-driven development. This marks a full-process breakthrough covering underlying technical analysis, scientifically guided image quality development and mass production application.
At present, the group standard 《Standard of Associations Organic light emitting diode display —Evaluation method for display clarity》, led and formulated by BOE based on relevant research outcomes, has been officially issued. As the world’s first dedicated evaluation standard focusing on OLED display transparency, it fills the long-standing industry gap in correlating subjective visual perception with objective image quality parameters.
Leveraging this standard and transparency research results, BOE has assisted partners in developing the industry’s first flagship high-transparency OLED screen. The company has built a comprehensive technical system for OLED visual transparency. Supported by cutting-edge technologies such as tandem, LTPO and high-precision Demura crosstalk optimization algorithms, BOE and its partners have carried out full-link optimization from display panels to end devices.
Going forward, BOE will continue to deepen research on display human factors engineering and visual experience. Through technological innovation and standard leadership, it will bring more ultimate, high-transparency premium display experiences to users worldwide.
2、BOE Beneficial “Natural” Light Technology (BNL): Solving Visual Health Pain Points and Leading the Display Industry Trend
In an era of ubiquitous displays, users are spending increasingly longer hours on screens. Nevertheless, the luminous properties of conventional displays poorly align with the human visual system, sparking widespread consumer concerns over visual health. To address such challenges, BOE draws inspiration from natural light. By deeply analyzing natural light and extracting beneficial features highly consistent with health and comfort, BOE established the Beneficial “Natural” Light Technology (BNL) architecture. Evolving from single technical upgrades to a systematic solution, BNL replicates the merits of natural light across four core dimensions: Depolarization Adjustment, Spectrum Optimization, Light Profile Optimization and Time-varying Adaptation, advancing display technology toward healthy viewing.
BNL & Visual Health
Depolarization Adjustment: The linearly polarized light of traditional displays causes targeted stimulation to retinal lutein, resulting in dry eyes, eyelid redness and other discomforts. Based on the mainstream Circular Polarization (QWP) solution, BOE BNL has developed a series of technologies like BSF/RDF Random Depolarization technology and un-Polarization,which convert linearly polarized light into randomly polarized light, enabling balanced lutein utilization across the entire visual field, and deliver natural-light-level eye protection.
Spectrum Optimization: Conventional narrow-band RGB spectra feature poor continuity and imbalanced energy distribution, with excessive high-energy blue light that induces eye strain and increases risks of macular damage. Beyond Low Blue Light solutions, BOE BNL has developed Natural-like Spectrum, Beneficial Red Light, Infrared Light and Circadian Rhythm technologies. Multiple clinical studies have verified that Beneficial Red Light and Infrared Light can effectively inhibit axial elongation and accelerate eye microcirculation. BOE takes the lead in integrating such optics into displays,achieving a spectral distribution matching degree of over 60%, an energy ratio of Beneficial Red Light (650–670 nm) exceeding 50%, and independent on/off switching and energy adjustment of Infrared Light. Meanwhile, Circadian Rhythm technology regulates melatonin secretion to safeguard sleep quality. Shifting from passive harm reduction to active eye benefits, BOE BNL delivers all-round visual health protection.
Light Profile Optimization: Conventional screens are prone to surface reflection and glare, which interfere with visual recognition and cause cumulative eye fatigue. Powered by industry-leading Anti-Glare, Low Reflection and Wide Viewing Angle technologies, BOE BNL accurately simulates the diffuse reflection of natural light to deliver consistent visual comfort across diverse viewing angles. For instance, BOE UB Cell technology achieves a DGR value below 5 with negligible glare and reflection, ensuring sustained visual comfort.
Time-varying Adaptation: Conventional displays tend to produce low-frequency flicker and fixed brightness and color temperature that fail to adapt to ambient changes, forcing frequent eye muscle adjustments and leading to discomfort. By adopting Flicker Free and Light Self-adaptive technologies, BOE BNL delivers stable, ultra-smooth visuals that replicate the comfort of natural light.
SID 2026: BOE Launches New BNL Display Products
At SID Display Week 2026, BOE launched new BNL health display products. The highlight product is the industry’s first 13.8-inch BNL health display tablet. It integrates all four core dimensions,supported by 7 core BNL technologies, to deliver a healthy and comfortable visual experience.
As a global leader in the display industry, BOE has led the development and officially issued the world’s first “Natural Light” display standard via the Zhongguancun Standardization Association,and has jointly issued the White Paper on Natural Light Display Technologies (Engineering Considerations, Application Value and Challenges) with TÜV Rheinland to drive standardized and high-quality industrial development. In the future, BOE will continue to iterate on technologies, diversify product forms and application scenarios, advance the grading standards for Beneficial “Natural” Light displays, and protect users’ visual health.
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SOURCE BOE Technology Group Co., Ltd.
Technology
BitradeX BXC First Two Subscription Rounds Sell Out, Total Subscriptions Exceed 14M USDT
Published
6 hours agoon
May 9, 2026By
LONDON, May 9, 2026 /PRNewswire/ — BitradeX Capital’s ecosystem equity token, BXC, has completed its first and second subscription rounds, selling a total of 50 million BXC with subscriptions exceeding 14 million USDT. The first round sold out in 90 seconds, while the second closed within 48 hours.
While the fundraising size is not unusually large by crypto standards, the structure of the sale has attracted market attention. The first two rounds were not open to the public, but limited to high-tier BitradeX users. The first round was available only to V5 users and above, while the second round expanded access to V3 users and above.
According to BitradeX’s tier system, V3+ users typically have higher recurring investment activity through AiBot, longer platform usage history, and stronger ecosystem participation. This means the early BXC allocation was absorbed mainly by the platform’s internal high-value user base, rather than short-term speculative participants.
This approach differs from many token fundraising campaigns that prioritize broad public participation and market hype. BitradeX instead adopted a more selective, staged model, gradually lowering the participation threshold while keeping the sale within its active ecosystem community.
BXC is positioned as more than a standard platform token. Its value framework is linked to BitradeX Capital’s broader ecosystem, including its exchange business, AiBot quantitative strategies, BTX Card payments, and Labs incubation platform. Public information indicates that BXC holders may receive staking rewards, benefit from ecosystem buybacks and burns, and gain priority access to Launchpad projects and governance participation.
The third subscription round is launched on April 30 at $0.35 USDT per BXC, with a total supply of 100 million BXC. It is now open to users participating in AiBot recurring investment. The fourth round price is expected to rise to $0.45 USDT.
The long-term value of BXC will ultimately depend on the growth of BitradeX’s underlying businesses, including exchange profitability, AiBot user expansion, and BTX Card adoption. However, the rapid sellout of the first two rounds suggests that BitradeX’s core user base has already shown strong confidence in the ecosystem’s future.
View original content:https://www.prnewswire.com/news-releases/bitradex-bxc-first-two-subscription-rounds-sell-out-total-subscriptions-exceed-14m-usdt-302767467.html
SOURCE BitradeX Capital
Best Accounting Software for Medium-Sized Business UK (2026): QuickBooks Advanced Recognised as a Scalable Finance Platform for UK Mid-Market Businesses by Consumer365
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