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IBM Debuts Next-Generation Quantum Processor & IBM Quantum System Two, Extends Roadmap to Advance Era of Quantum Utility

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University of Tokyo, Argonne National Laboratory, Fundacion Ikerbasque, Qedma, Algorithmiq, University of Washington, University of Cologne, Harvard University, UC Berkeley, Q-CTRL demonstrate new research to explore power of utility-scale quantum computing ‘IBM Quantum Heron’ is released as IBM’s most performant quantum processor in the world, with newly built architecture offering up to five-fold improvement in error reduction over ‘IBM Quantum Eagle’ IBM Quantum System Two begins operation with three IBM Heron processors, designed to bring quantum-centric supercomputing to reality Expansion of IBM Quantum Development Roadmap for next ten years prioritizes improvements in gate operations to scale with quality towards advanced error-corrected systems Qiskit 1.0 announced, the world’s most widely used open-source quantum programming software, with new features to help computational scientists execute quantum circuits with ease and speedIBM showcases generative AI models engineered to automate quantum code development with watsonx and optimize quantum circuits

NEW YORK, Dec. 4, 2023 /PRNewswire/ — Today, at the annual IBM Quantum Summit in New York, IBM (NYSE: IBM) debuted ‘IBM Quantum Heron,’ the first in a new series of utility-scale quantum processors with an architecture engineered over the past four years to deliver IBM’s highest performance metrics and lowest error rates of any IBM Quantum processor to date.

IBM also unveiled IBM Quantum System Two, the company’s first modular quantum computer and cornerstone of IBM’s quantum-centric supercomputing architecture. The first IBM Quantum System Two, located in Yorktown Heights, New York, has begun operations with three IBM Heron processors and supporting control electronics. 

With this critical foundation now in place, along with other breakthroughs in quantum hardware, theory, and software, the company is extending its IBM Quantum Development Roadmap to 2033 with new targets to significantly advance the quality of gate operations. Doing so would increase the size of quantum circuits able to be run and help to realize the full potential of quantum computing at scale. 

“We are firmly within the era in which quantum computers are being used as a tool to explore new frontiers of science,” said Dario Gil, IBM SVP and Director of Research. “As we continue to advance how quantum systems can scale and deliver value through modular architectures, we will further increase the quality of a utility-scale quantum technology stack – and put it into the hands of our users and partners who will push the boundaries of more complex problems.”

As demonstrated by IBM earlier this year on a 127-qubit ‘IBM Quantum Eagle’ processor, IBM Quantum systems can now serve as a scientific tool to explore utility-scale classes of problems in chemistry, physics, and materials beyond brute force classical simulation of quantum mechanics.

Since that demonstration, leading researchers, scientists, and engineers from organizations including the U.S. Department of Energy’s Argonne National Laboratory, the University of Tokyo, the University of Washington, the University of Cologne, Harvard University, Qedma, Algorithmiq, UC Berkeley, Q-CTRL, Fundacion Ikerbasque, Donostia International Physics Center, and the University of the Basque Country, as well as IBM, have expanded demonstrations of utility-scale quantum computing to confirm its value in exploring uncharted computational territory.

This includes experiments already running on the new IBM Quantum Heron 133-qubit processor, which IBM is making available for users today via the cloud. IBM Heron is the first in IBM’s new class of performant processors with significantly improved error rates, offering a five-times improvement over the previous best records set by IBM Eagle. Additional IBM Heron processors will join IBM’s industry-leading, utility-scale fleet of systems over the course of the next year.

IBM Quantum System Two and Extended IBM Quantum Development Roadmap

IBM Quantum System Two is the foundation of IBM’s next generation quantum computing system architecture. It combines scalable cryogenic infrastructure and classical runtime servers with modular qubit control electronics. The new system is a building block for IBM’s vision of quantum-centric supercomputing. This architecture combines quantum communication and computation, assisted by classical computing resources, and leverages a middleware layer to appropriately integrate quantum and classical workflows.

As part of the newly expanded ten-year IBM Quantum Development Roadmap, IBM plans for this system to also house IBM’s future generations of quantum processors. Also, as part of this roadmap, these future processors are intended to gradually improve the quality of operations they can run to significantly extend the complexity and size of workloads they are capable of handling.

Qiskit and Generative AI to Increase Ease of Quantum Software Programming 

Today, IBM is also detailing plans for a new generation of its software stack, within which Qiskit 1.0 will be a pivot point defined by stability and speed. Additionally, and with the goal of democratizing quantum computing development, IBM is announcing Qiskit Patterns.

Qiskit Patterns will serve as a mechanism to allow quantum developers to more easily create code. It is based in a collection of tools to simply map classical problems, optimize them to quantum circuits using Qiskit, executing those circuits using Qiskit Runtime, and then postprocess the results. With Qiskit Patterns, combined with Quantum Serverless, users will be able to build, deploy, and execute workflows integrating classical and quantum computation in different environments, such as cloud or on-prem scenarios. All of these tools will provide building blocks for users to build and run quantum algorithms more easily.

Additionally, IBM is pioneering the use of generative AI for quantum code programming through watsonx, IBM’s enterprise AI platform. IBM will integrate generative AI available through watsonx to help automate the development of quantum code for Qiskit. This will be achieved through the finetuning of the IBM Granite model series.

“Generative AI and quantum computing are both reaching an inflection point, presenting us with the opportunity to use the trusted foundation model framework of watsonx to simplify how quantum algorithms can be built for utility-scale exploration,” said Jay Gambetta, Vice President and IBM Fellow at IBM. “This is a significant step towards broadening how quantum computing can be accessed and put in the hands of users as an instrument for scientific exploration.”

With advanced hardware across IBM’s global fleet of 100+ qubit systems, as well as easy-to-use software that IBM is debuting in Qiskit, users and computational scientists can now obtain reliable results from quantum systems as they map increasingly larger and more complex problems to quantum circuits.

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.

MEDIA CONTACTS

Erin Angelini
IBM Communications
edlehr@us.ibm.com 

Hugh Collins
IBM Communications
hughdcollins@ibm.com 

 

 

 

 

SOURCE IBM

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Consensus 2025 Wraps in Toronto With Eric Trump

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Crypto‘s “Big Tent” event has wrapped in Toronto as high-profile figures across business, technology and government gathered to discuss crypto‘s regulatory liberalization and rising adoption. In 2026, Consensus will be hosted in Hong Kong (February) and Miami (May).

TORONTO, May 16, 2025 /PRNewswire/ — Consensus 2025, the world’s longest-running and most influential gathering for the crypto, blockchain and AI industries, concluded today at the Metro Toronto Convention Centre bringing together 14,771 attendees from 102 countries. The three-day event serves as the industry’s premier “big tent” event, uniting diverse voices from traditional finance, DeFi, policymaking and more to explore the future of digital assets.

Featuring 500 speakers across six stages, Consensus 2025 provided attendees with unique insights into the crypto landscape, with DeFi, real-world assets (RWAs), decentralized AI, stablecoins, crypto adoption and the evolving regulatory landscape dominating discussions among the biggest players in the crypto ecosystem. The event also featured North America’s largest in-person blockchain hackathon, with over 1,000 developers participating.

Highlights of Consensus Toronto included presentations from industry leaders, financial giants, tech powerhouses and White House representatives, including Coinbase, BlackRock and Google. Eric Trump, co-founder and Chief Strategy Officer of American Bitcoin featured on two sessions, with other high profile sessions from Kevin O’Leary, chairman of O’Leary Ventures and host of Shark Tank; Dave Portnoy, founder of Barstool Sports; Anthony Scaramucci, founder of Skybridge Capital. Toronto was chosen as the location for this year’s event due to its reputation as a financial powerhouse. It was also pinpointed to welcome a high concentration of Canadian crypto leaders, its growing reputation as a crypto innovation hub and status as the birthplace of Ethereum.

“Thanks to our friends at Consensus. They do an amazing job,” said Eric Trump of the CoinDesk conference, which has been running since 2015.

With plans for Consensus 2026 to take place at the iconic Miami Beach Convention Center in May 2026, Miami is considered the crypto capital of North America and a gateway to LATAM. Miami is set to position the event at the strategic crossroads of global capital, talent and innovation. Coming in February 2026, Consensus will return to the Hong Kong Convention and Exhibition Center.

Major sponsors of Consensus Toronto included Stellar, American Bitcoin, BitGo, Fastex, Spacecoin, alongside tech giants Google and AWS and Canadian firms such as WonderFi, Wealthsimple and Coinbase Canada.

Secure your ticket for Consensus Miami or Consensus Hong Kong now.

Media Contact:
Conor McGorry,
Senior Account Executive,
ClearStory International
M: +353 83 805 5747
E: conor@clearstoryinternational.com

About Consensus
Consensus by CoinDesk is the world’s longest-running and most influential gathering for the crypto, blockchain and AI industries. Bringing together industry leaders, policymakers and innovators, it helps people understand the future of digital assets with discussions on key topics such as DeFi, Web3, AI, the evolving regulatory landscape and more. With a mix of panels, keynotes and networking opportunities, Consensus 2025 provides a platform to explore the latest trends shaping the digital economy. Whether you’re an industry veteran or just entering the space, this event offers valuable insights and connections in a rapidly evolving field.

About CoinDesk
CoinDesk is the most trusted media, events, indices and data company for the global crypto economy. Since 2013, CoinDesk Media has led the story of the future of money and investing, illuminating the transformation in society and culture that comes with it. Our award-winning team of journalists delivers news and unparalleled insights that bring transparency, comprehension and context. CoinDesk gathers the global crypto, blockchain and Web3 communities at annual events such as Consensus, the world’s largest and longest-running crypto festival. CoinDesk Indices offers expertise in digital asset indices, data and research to educate and empower investors. In November 2023, CoinDesk was acquired by Bullish Group. CoinDesk operates as an independent subsidiary and abides by a strict set of editorial policies. For more information on CoinDesk media and events, please visit CoinDesk.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/consensus-2025-wraps-in-toronto-with-eric-trump-302458221.html

SOURCE CoinDesk Inc

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AFRICON 2025 Returns to Atlanta on September 18-20, 2025

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AFRICON, the flagship convening for global African changemakers, tastemakers, and innovators, officially returns to Atlanta, Georgia on September 18–20, 2025. Hosted by Amplify Africa, this year’s edition marks a new era of global connection, cultural elevation, and cross-continental collaboration—bringing together thousands of attendees from across Africa, the Diaspora, and the world.

ATLANTA, May 16, 2025 /PRNewswire-PRWeb/ — The Premier Global Gathering Celebrating African Culture, Creativity, and Commerce Expands with New Partnerships

“AFRICON is more than a conference—it’s a cultural and economic movement,” said Timi Adeyeba, COO & Co-Founder of Amplify Africa.

AFRICON, the flagship convening for global African changemakers, tastemakers, and innovators, officially returns to Atlanta, Georgia on September 18–20, 2025. Hosted by Amplify Africa, the 2025 edition, will showcase panels, workshops, pitch competitions, music showcases, fashion bazaars, and a film festival. This year’s edition marks a new era of global connection, cultural elevation, and cross-continental collaboration—bringing together thousands of attendees from across Africa, the Diaspora, and the world.

“AFRICON is more than a conference—it’s a cultural and economic movement,” said Timi Adeyeba, COO & Co-Founder of Amplify Africa.

“Each year, we’re building bridges across continents and creating a global platform that celebrates who we are while shaping where we’re going,” said Dami Kujembola, CEO & Co-Founder of Amplify Africa.

This year, AFRICON is proud to announce a headline partnership with Fidelity Bank, one of Africa’s most respected financial institutions. As part of this collaboration, AFRICON 2025 will feature the 3rd Annual Fidelity Investment and Trade Creative Connect (FITCC)—a marquee forum designed to spotlight innovation, entrepreneurship, and cross-border investment opportunities across the African continent.

“Since 2022, when we hosted the maiden edition, the FITCC has evolved beyond a platform for promoting Nigeria’s non-oil exports to become a veritable showcase of the immense value Nigeria has to offer the global market,” stated Dr. Nneka Onyeali-Ikpe, OON, Managing Director/Chief Executive Officer of Fidelity Bank Plc. “As part of our commitment to developing platforms that promote economic growth, creativity, and sustainable trade both within Nigeria and internationally, we are pleased to collaborate with AFRICON to host FITCC. This initiative stems from AFRICON’s esteemed capability to unite key stakeholders dedicated to integrating Nigerian businesses into global supply chain networks.”

AFRICON 2025 will feature a dynamic lineup of programming including cultural showcases, policy roundtables, business summits, nightlife experiences, and wellness activations. From creative industries and tech innovation to investment, trade, and social impact, the two-day experience positions Africa and its Diaspora as a rising global force.

Projected Impact

It is expected that AFRICON 2025 will attract:Over 3,000 attendees from around the worldMore than 200 exhibitors and businesses across sectorsOver US$200 million in trade, investment, and partnership deals to be concluded

AFRICON 2025 continues to build on its legacy of convening a global network of decision-makers, creatives, executives, and community leaders who are shaping Africa’s future.

For more information on tickets, sponsorship opportunities, and programming details, visit www.africon.global or follow @africon.global on all platforms.

About Amplify Africa

Amplify Africa is a leading media, events, and cultural agency dedicated to shaping the global narrative of Africa and its Diaspora. With a reach of over 12 million people monthly, Amplify Africa curates impactful experiences, content, and campaigns that celebrate African excellence across entertainment, tech, business, and culture. From landmark festivals to thought leadership summits, the platform serves as a bridge between Africa and the world—empowering the next generation of changemakers and creators.

About Fidelity Bank

Fidelity Bank Plc is a full-fledged commercial bank with over 9.1 million customers who are serviced across its 251 business offices and various digital banking channels in Nigeria and the United Kingdom.

The Bank is the recipient of multiple local and international Awards, including the 2024 Excellence in Digital Transformation & MSME Banking Award by BusinessDay Banks and Financial Institutions (BAFI) Awards; the 2024 Most Innovative Mobile Banking Application award for its Fidelity Mobile App by Global Business Outlook, and the 2024 Most Innovative Investment Banking Service Provider award by Global Brands Magazine. Additionally, the Bank was recognized as the Best Bank for SMEs in Nigeria by the Euromoney Awards for Excellence and as the Export Financing Bank of the Year by the BusinessDay Banks and Financial Institutions (BAFI) Awards.

Media Contact
Amplify Africa, Amplify Africa, 1 2138140719, info@amplifyafrica.org, https://amplifyafrica.co/

View original content to download multimedia:https://www.prweb.com/releases/africon-2025-returns-to-atlanta-on-september-1820-2025-302456185.html

SOURCE Amplify Africa

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Movano Health’s Board of Directors Initiates Process to Maximize Shareholder Value

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PLEASANTON, Calif., May 16, 2025 /PRNewswire/ — Movano Health (Nasdaq: MOVE), a pioneer in health technology, announced today that its Board of Directors has initiated a process to explore strategic alternatives, including a sale, merger or similar transaction involving the Company, to maximize shareholder value.  To support this process, Movano Health’s Board of Directors has engaged Aquilo Partners as its financial advisor and K&L Gates LLP as its legal counsel.

There can be no assurance that this process will result in any transaction or other strategic change or as to the timing of any such potential agreement or transaction. Movano Health does not intend to disclose further developments unless and until the Board of Directors has approved a specific course of action or determines that further disclosure is appropriate or required.  The Company also reported that due to resource constraints, it does not plan to timely file its quarterly report on Form 10-Q for the quarter ended March 31, 2025.

About Movano Health 
Founded in 2018, Movano Inc. (Nasdaq: MOVE) dba Movano Health is developing a suite of purpose-driven healthcare solutions to bring medical-grade data to the forefront of wearables. Featuring modern and flexible form factors, Movano Health’s devices offer an innovative approach to delivering trusted data to both customers and enterprises, capturing a comprehensive picture of an individual’s health data and uniquely translating it into personalized and intelligent insights.

Movano Health’s proprietary technologies and wearable medical device solutions enable the use of data as a tool to proactively monitor and manage health outcomes across a number of patient populations that exist in healthcare. For more information on Movano Health, visit https://movanohealth.com/.

Forward Looking Statements

This press release contains forward-looking statements concerning our expectations, anticipations, intentions, beliefs, or strategies regarding the future. These forward-looking statements are based on assumptions that we have made as of the date hereof and are subject to known and unknown risks and uncertainties that could cause actual results, conditions, and events to differ materially from those anticipated. Therefore, you should not place undue reliance on forward-looking statements. Examples of forward-looking statements include, among others, statements we make regarding the Company’s strategic plans and value, plans with respect to the commercial launches of the Evie Ring and EvieMED; our expectations regarding potential commercial opportunities and addressable markets; planned cost-cutting initiatives; anticipated FDA clearance decisions with respect to our products; expected future operating results; product development efforts and product releases; clinical trial and regulatory initiatives; commercial partner activities; our strategies, positioning and expectations for future events or performance. Important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in our most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q, and in our other reports filed with the Securities and Exchange Commission, including under the caption “Risk Factors.”  Any forward-looking statement in this release speaks only as of the date of this release. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

View original content to download multimedia:https://www.prnewswire.com/news-releases/movano-healths-board-of-directors-initiates-process-to-maximize-shareholder-value-302458030.html

SOURCE Movano

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