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OQC launches OQC Toshiko, the world’s first enterprise ready quantum platform

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At the Global Investment Summit, the company also announces that SBI Investment, Japan’s premier VC fund, is leading OQC’s $100m round

LONDON, Nov. 27, 2023 /PRNewswire/ — OQC, the global leaders in quantum compute-as-a-service (QCaaS), today announced the public availability of OQC Toshiko, the world’s first enterprise ready quantum computing platform, and that SBI Investment, Japan’s premier VC fund, is leading OQC’s $100m round.

 

OQC Toshiko is a powerful next generation 32-qubit platform, deployed to commercial data-centres, enabling businesses to tap into ground-breaking technology from anywhere in the world, seamlessly and securely.

OQC’s $100m round will pave the way for industry-leading R&D furthering its ability to bring enterprise ready quantum to businesses globally.

OQC Toshiko – world’s first enterprise ready quantum computing platform

Quantum computing is a world changing $1.3 trillion opportunity with the power to not only reshape and transform entire industries but ignite and catalyse entirely new ones. Today, quantum computers are predominantly located in labs, making secure access the biggest barrier to wider business adoption of this groundbreaking technology.

With OQC Toshiko, an upgradeable 32-qubit platform, OQC has brought quantum computing to commercial data centres, thereby enabling secure and easy access for customers. This world-first platform is especially important for customers handling sensitive data, in sectors such as financial services, pharmaceuticals, energy, defence and government.

Bringing quantum into data centres makes it possible to offer hybrid compute, integrated quantum and HPC, to the market. OQC has achieved this by adopting an advanced networking infrastructure, Digital Fabric Interconnect, to enable secure, hybrid compute for customers.

To bring quantum out of the lab and into the enterprise, OQC is collaborating with leading global companies including Equinix, NVIDIA, AWS and McKinsey. OQC Toshiko is available today in private preview with expanding availability across public cloud and data centre fabric in the coming months.

OQC believes in a brighter future for all enabled by quantum and is passionate about championing diversity in tech. OQC Toshiko is named after the first female Japanese physicist, Toshiko Yuasa.

SBI Investment, Japan’s premier venture capital fund, leads $100m round

At the Global Investment Summit today, OQC announced that SBI Investment, Japan’s premier venture capital fund, is leading OQC’s $100m Series B raise. New investors in the round have been confirmed in addition to existing investors, Oxford Science Enterprises (OSE), University of Tokyo Edge Capital (UTEC), Lansdowne Partners, and OTIF, acted by manager Oxford Investment Consultants (OIC).

The ongoing round is the UK’s largest ever Series B in quantum computing enabling industry-leading R&D that paves the way to quantum advantage and furthers OQC’s ability to bring next generation platforms of hundreds of qubits to businesses globally. OQC’s announcements at the Global Investment Summit today, cement OQC and the UK as a global leader in quantum technology.

Commenting on the news, Ilana Wisby, Chief Executive Officer at OQC, said: “To solve the world’s most pressing challenges – from climate change to accelerated drug discovery – we need to put quantum computers in the hands of humanity and at the fingertips of our most brilliant minds. We’re proud to be pioneering enterprise ready quantum with our customers, partners and investors.”

Yoshitaka Kitao, Representative Director, Chairman, President & CEO of SBI Holdings, Inc., a wholly owning parent company of SBI Investment Co., Ltd., said: “Quantum computing is a game changer for financial services and many other sectors, unlocking unprecedented power, speed and accuracy that will redefine the industrial landscape. As Japan’s premier venture capital firm, SBI Investment is proud to lead a $100m Series B round of OQC, a global leader in quantum computing.”

Eugene Bergen President, EMEA at Equinix, said “As the world’s digital infrastructure company, Equinix continues to partner with the very best to accelerate innovation by facilitating secure, high-bandwidth access to cutting-edge technology such as quantum computing for thousands of organisations worldwide. The inclusion of OQC’s quantum computer into our global interconnection ecosystem on Platform Equinix® reinforces our dedication to fostering innovation and continues to push the boundaries of what is possible. We are thrilled by the great partnership with OQC that enables us to stay ahead in innovation to help organisations across the globe address some of the world’s most pressing challenges.”

“Addressing the grand challenges of tomorrow requires the seamless integration of quantum with the GPU-accelerated supercomputing of today,” said Tim Costa, director of HPC and quantum at NVIDIA. “By combining OQC Toshiko with the NVIDIA GH200 Grace Hopper Superchip through NVIDIA CUDA Quantum, a platform for integrated quantum-classical computing, OQC can better empower businesses and researchers to make breakthroughs across industries and in critical scientific domains.”

Mike Sewart, Chief Technology & Operating Officer, QinetiQ said: “QinetiQ is delighted to welcome the latest innovation from Oxford Quantum Circuits (OQC). QinetiQ regularly conducts experimental studies on a range of problems including optimisation, chemistry and machine learning and we’ve seen great results from OQC’s technology to date. QinetiQ’s focus is very much on identifying the areas where quantum computing can add real value for our government and defence customers. This involves mapping complex customer requirements to currently available hardware and algorithms, as well as considering the practical elements of future solution design, including the validation and assurance of quantum applications in real-world operational scenarios. QinetiQ’s quantum team looks forward to working closely with OQC and their technology in order to drive future capability developments in this emerging but important field for defence.”

Science and Technology Secretary Michelle Donelan, UK Government said: “Oxford Quantum Circuits is leading the way in seizing the potential of quantum computing, which can help discover new drugs, boost cybersecurity and manage financial systems to improve our lives and drive growth. “Today’s news will support businesses to scale up by tapping into this technology and is another vote of confidence in the resounding strength of the UK’s quantum capability. “Our National Quantum Strategy will help us go even further, backed by £2.5 billion over the next 10 years to help unlock untold advances in healthcare, green tech and beyond.”

Minister for Investment Lord Johnson, UK Government said: “We are a global leader in quantum computing, and the levels of innovation from companies like Oxford Quantum Circuits is exactly why we are fast on the way to becoming a Science & Tech Superpower. The UK has a rapidly growing quantum sector which is no.1 in Europe for the number of start-ups and in attracting private investment – around $850m in the past 10 years. In March we published a National Quantum Strategy which more than doubles our public investment in quantum to £2.5 billion over the next 10 years, and already we are investing £100 million into new quantum research hubs to ensure the UK stays at the forefront of this vitally important technology.”

Prior to Series B, OQC raised £41 million including the largest Series A in quantum in the UK at that time. In 2023, OQC’s team grew to over 100, attracting talent from across the globe. The team has built and deployed OQC Toshiko platforms to colocation data centres expanding its operations in the UK, Japan and Spain.

Companies wanting to test this groundbreaking technology can join the private preview www.oxfordquantumcircuits.com/technology/toshiko, and mark a key moment of quantum computing entering the mainstream.

About OQC

OQC is the globally leading enterprise-ready quantum compute company. We bring quantum to our customers’ fingertips and enable them to make breakthrough discoveries. OQC Toshiko, a powerful and secure 32-qubit quantum computing platform, is now in private preview and coming soon on public cloud and data centre fabric. For more information: For more information: www.oxfordquantumcircuits.com

About SBI Investment Co., Ltd.

SBI Investment Co., Ltd. is one of Japan’s leading venture capital firms, focusing on the creation and cultivation of key industries for the 21st century. SBI’s investment portfolio has expanded to include core technologies such as Fintech, AI, Block chain, 5G, IoT, big data and now Quantum Computing, Metaverse and Web 3.0.

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AMITY UNIVERSITY MADHYA PRADESH RANKED #278 IN QS ASIAN UNIVERSITY RANKINGS – SOUTHERN ASIA 2025

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GWALIOR, India, Nov. 25, 2024 /PRNewswire/ — Amity University Madhya Pradesh has earned a notable rank of #278 in the prestigious QS Asian University Rankings – Southern Asia 2025 and has been featured in the band of 851-900 in the Asian University Rankings. This achievement is a testament to Amity University Madhya Pradesh’s dedication in the field of education, provided through its state-of-the-art facilities, labs, experienced faculty and industry partnerships.

The QS Asia University Rankings, a worldwide recognized benchmark for evaluating higher education institutions, measures universities against various criteria. The QS World University Rankings portfolio has become the leading source of comparative data on university excellence and performance.

Speaking about the recognition, Lt Gen VK Sharma, Pro-Chancellor, Amity University Madhya Pradesh, said, “It is truly an honour for us to be recognized in the QS Asia University Rankings 2025: Southern Asia. This recognition validates our persistent efforts to provide the highest quality of education to students across the country, particularly in Madhya Pradesh and surrounding regions. We remain committed to empowering communities through our students and helping the state reach new heights through learning, innovation and research.”

Amity University Madhya Pradesh is an innovation and research-driven university that remains a forerunner in providing world-class education and has consistently attained high rankings in a variety of disciplines. Its courses are evaluated on a regular basis to ensure that they meet course objectives based on input on placement, employability, and the most recent technological advancements. The university’s faculty and students are encouraged to conduct industry-oriented, cutting-edge research at the institution, and faculty members have been successful in getting several sponsored projects from various state and national funding agencies.

About QS World University Rankings

The QS World University Rankings portfolio, established in 2004, evaluates institutions across a multitude of parameters including Research & Discovery, Learning Experience, Global Engagement and Employability.

About Amity University Madhya Pradesh

Amity University Madhya Pradesh (AUMP) was established with the view to promote professional, industry-oriented education in the state of Madhya Pradesh. In Gwalior, it is located on a sprawling campus of 102 acres of land opposite Gwalior Airport, imparts modern, practical and research-oriented courses which lead to the development of professionals who are employable and industry ready. This in turn drives the socio-economic upliftment of the region.

Amity University Gwalior offers undergraduate and post-graduate courses in management, engineering, architecture, biotechnology, law, journalism & mass communication, behavioral science, Psychology, fashion, Pharmacy and more. It is a NAAC Accredited University.

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Tuya Smart Presented at the China Pavilion of COP29, Advocating for a Zero Carbon Future

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NEW YORK, Nov. 25, 2024 /PRNewswire/ — On November 16, 2024, the side event titled “Dialogue with the World: Building a Sustainable Ecosystem for a Zero Carbon Future” took center stage at the China Pavilion of COP29. This event focused on energy transformation, introducing technological innovations such as the digital empowerment of green supply chains. The event fostered international collaboration, elevated public awareness of climate change, and underscored its essential role in the global climate governance agenda.

The event commenced with addresses from Liu Zhenmin, Special Envoy for Climate Change of China; Wang Shi, Founder of Vanke Group and DeepRock Group and Chairman of Vanke Foundation; and John Cotton, Program Manager of Southeast Asia Energy Transition Partnership of the United Nations Office for Project Services. Additionally, representatives from leading enterprises driving energy innovation, including HSBC Group and Tuya Smart, enriched the discussion with their insights.

New productive forces aligned with sustainability emerged as a central theme, with the session emphasizing the vital role of innovative technologies and global partnerships in driving energy transformation. Participants from diverse countries and industries actively contributed ideas, united in their mission to become key contributors and advocates for a greener, more sustainable future.

Wang Shi, Founder of Vanke Group and DeepRock Group, and Chairman of Vanke Foundation, shared his insights on technological innovation and international cooperation in the global energy sector. Highlighting the success of partnerships between China and Indonesia, Wang emphasized their role as a benchmark for advancing the green development of the Belt and Road Initiative. He called on all stakeholders to collaborate in building a sustainable, green Belt and Road framework. 

John Cotton, Program Manager of Southeast Asia Energy Transition Partnership of the United Nations Office for Project Services, underscored the importance of maximizing supply chain cooperation to achieve meaningful energy transitions. “Without enhanced collaboration in the supply chain, true energy transition is unattainable,” Cotton stated. He further advocated for embracing innovative technologies to attract investment, foster balanced energy transitions, and create new jobs and skills for a sustainable future.

Eva Na, Vice President of Marketing and Strategic Cooperation and CMO of Tuya Smart, delivered a keynote address at the China Pavilion, where she outlined Tuya’s groundbreaking “Smart Decarb” initiative. This initiative leverages smart technology to enable businesses and households to independently adopt climate-friendly practices. “Tuya stands at the convergence of the smart and green technology revolutions,” Na remarked. “By harnessing AI to deepen smart applications and promoting commercial smart technology across industries, we are advancing the widespread implementation of green solutions. In carbon reduction, Tuya integrates smart technology into every stage of the energy chain, enabling public participation and paving the way for a truly zero-carbon future.”

Christian Déséglise, Head of Sustainable Infrastructure and Innovation at HSBC Group, highlighted the transformative potential of the energy transition, describing it as the “future economy.” He emphasized the multifaceted market opportunities it creates for innovative enterprises, supply chains, and companies providing essential infrastructure for this shift. “To achieve a zero-carbon transition,” Déséglise stated, “HSBC is committed to providing the necessary financial support. From now until 2030, we will allocate $750 billion to $1 trillion to drive green transformations and ensure the successful implementation of this critical change.”

Beyond offering forward-thinking perspectives, the mature solutions showcased by smart technology-driven enterprises—the “emerging forces” at COP29—garnered significant attention from attendees. Tuya’s smart energy management system, for instance, received interest from energy and power companies across multiple regions. These innovative solutions are already being implemented in Europe, the Middle East, and Singapore. Notably, in Singapore, Tuya partnered with clients to deliver a Home Energy Management System (HEMS) that enables households to reduce energy consumption. The most energy-efficient households achieved savings of up to 50%, providing tangible examples for businesses and organizations aiming to adopt smart energy practices.

As the human race confronts the urgent challenge of reducing carbon emissions over the next 30 years, smart technologies offer unprecedented and accelerated opportunities for carbon reduction. The China Pavilion of the COP29 focused on technology-driven energy transformation as a central theme, offering critical insights into the future of the energy sector. Tuya Smart remains committed to innovation and collaborative progress. Embracing the momentum of the times, Tuya aims to provide robust technology and an open, neutral ecosystem to support global energy transitions. By launching increasingly localized energy solutions and partnering with stakeholders worldwide, Tuya is dedicated to advancing global climate action and fostering a greener, more sustainable future.

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Leading Experts Tackle AI, Cybersecurity, and IoT Governance at Hangzhou Side Event of 2024 World Internet Conference

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HANGZHOU, China, Nov. 25, 2024 /PRNewswire/ — At a side event held during the 2024 World Internet Conference in Wuzhen, experts in cybersecurity, AI, and IoT governance convened in Hangzhou to explore emerging trends and global regulatory challenges. Organized by the Research Center for Global Cyberspace Governance (RCGCG), the forum highlighted the pressing need for international cooperation in addressing the evolving complexities of the digital landscape.

Opening the forum, Lu Chuanying, Director of RCGCG, emphasized the importance of establishing global cyber norms in the face of rapid technological advancements. “As cyber issues grow more sophisticated, we must develop frameworks to protect data and ensure responsible technology use,” Lu said. He called for enhanced global cooperation to tackle the complex challenges of the digital age.

Experts and professionals from institutions such as the Ecole Polytechnique, Albright Stonebridge Group, the Leiden University, the Amsterdam University, and the Shanghai Association of AI and Social Development shared their insights on AI governance. They discussed AI’s transformative potential while emphasizing the need for regulatory frameworks, they noted that governments are working to balance safety with fostering innovation, aiming to prevent unintended consequences while promoting technological growth.

Geopolitical tensions surrounding supply chain security, particularly in industries like semiconductors, were also discussed. The experts noted that the race to secure supply chains is reshaping the global tech landscape, with companies needing to be agile and adapt to these shifting dynamics. Increased regulatory pressure in key markets was identified as a significant factor influencing business strategies.

Tuya Smart, a leader in AIoT solutions, highlighted its ongoing efforts to address these concerns. Holmes Chen, representing the company, emphasized the importance of staying ahead of regulatory changes and ensuring that AI-driven devices meet global security standards. “We are committed to enhancing the security of our AIoT systems while ensuring they remain safe, reliable, and compliant,” Chen stated, reflecting the broader industry commitment to developing secure technologies.

The forum concluded with a call for greater international collaboration to ensure a secure and ethical digital future. Panelists agreed that the fast pace of technological innovation requires a coordinated global approach to governance. As cybersecurity and AI continue to reshape industries, the need for comprehensive frameworks that address both risks and opportunities is critical.

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