Amaravati, April 9 (IANS) Marking World Quantum Day on April 14, Andhra Pradesh Chief Minister N. Chandrababu Naidu will formally launch India’s first indigenous Quantum computer testing facility at SRM University, Amaravati. He will also virtually inaugurate the Quantum facility centre at Medha Towers in Gannavaram near Vijayawada.The state government announced that Andhra Pradesh will be the first state to commission such a facility, with Amaravati Quantum Valley set to emerge as an in…
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Amaravati, March 31 (IANS) Affirming that the future belongs to quantum computing, Andhra Pradesh Chief Minister N. Chandrababu Naidu on Tuesday said that the state has set the target of manufacturing quantum computers at Amaravati Quantum Valley in two years.Addressing a roundtable conference on the Quantum Hardware Manufacturing Ecosystem at the Amaravati Quantum Valley (AQV), Naidu said the state’s objective is not to import quantum computer hardware, but to manufacture it right here within…
New Delhi, March 11 (IANS) Offices and infrastructure of major US technology companies in Israel and some Gulf countries could come under Iranian attack as the conflict in the Middle East intensifies, according to reports.Iran’s Tasnim News Agency, which is affiliated with the Islamic Revolutionary Guard Corps (IRGC), has reportedly published a list of offices and infrastructure run by leading American companies with Israeli links, alleging that their technology has been used for military purp…
New Delhi, March 5 (IANS) Leading IT firm IBM on Thursday said it has launched its first Infrastructure Innovation Centre at its new India Systems Development Lab (ISDL) campus.The Sangam Infrastructure Innovation Centre reinforces IBM’s strategic investment in India as a hub for advanced infrastructure engineering and AI innovation, serving both domestic and global markets.Designed as a collaborative engineering hub, the centre will bring together IBM’s systems architects and infrastructure…
Mumbai, Feb 24 (IANS) Shares of IBM saw their sharpest single-day fall in more than 25 years after new fears emerged about how artificial intelligence could hurt one of the company’s most stable businesses.The stock dropped 13.2 per cent to close at $223.35, marking its biggest one-day decline since October 18, 2000.IBM’s shares are now down around 25 per cent so far this year as investors rethink how fast AI could change the economics of enterprise software and IT services.The sell-off was …
Amaravati, Feb 19 (IANS) The Andhra Pradesh government will sign agreements with various institutions and companies to strengthen Artificial Intelligence (AI) infrastructure and skill development in the state at the ongoing India AI Impact Summit 2026 in New Delhi. The government will enter into an MoU with IBM to provide skills training in AI, quantum technology, and cybersecurity to one million youth in the state.Another agreement will be signed with the United Nations International Computing …
Bhubaneswar, Feb 2 (IANS) The Crime Branch of the Odisha Police has arrested a man from Bhubaneswar in connection with a Rs 6 crore investment fraud case, a senior police official said on Monday. The accused cyber criminal, identified as Vedgiri Srinivasrao, 39, is a resident of the Guntur area in Andhra Pradesh.Police sources revealed that a businessman from Berhampur in Ganjam district came into contact with an unidentified cyber fraudster on the popular social media platform Facebook on May 7…
Washington, Jan 29 (IANS) US President Donald Trump on Wednesday unveiled a new federal initiative called “Trump Accounts,” saying the programme would provide every newborn American child with a government-funded investment account to give families a financial head start from birth.Speaking at the Treasury Department’s Trump Accounts Summit, Trump said the initiative would “give every newborn American child a financial stake in the future,” calling it a way to ensure that children begi…
Davos, Jan 21 (IANS) IBM Chairman and CEO Arvind Krishna has urged Indian entrepreneurs to build local capabilities across semiconductors, model development and real‑world applications to build stronger “AI sovereignty” in India.Speaking at the World Economic Forum (WEF) annual meeting in Davos, Krishna said smaller, specialised AI models are rapidly closing the gap with large foundational models and now account for nearly 95 per cent of consumption.“The underlying ecosystem whether it’s…
Washington, Jan 9 (IANS) A bipartisan group of US senators introduced legislation to renew and expand a federal programme aimed at strengthening American leadership in quantum technology.The bill would reauthorise the National Quantum Initiative, a programme first approved in 2018 to coordinate federal research in quantum computing, networking and sensing.Senators backing the measure said sustained government investment is needed to protect US national security and economic competitiveness as ot…