New Delhi, July 15 (IANS) US-based technology giant IBM’s Chairman and CEO Arvind Krishna has admitted that the company underestimated the scale of customers’ shift in spending towards artificial intelligence (AI) infrastructure and failed to adapt quickly enough, saying we faltered in the second quarter as the trend weighed on its revenue.In a letter to investors released alongside selected preliminary second-quarter results, Krishna said IBM had expected some supply chain-related disruption bu…
Latest Quantum Computing News & Updates
New Delhi, July 7 (IANS) Secretary, Technology Development Board (TDB) Rajesh Kumar Pathak on Tuesday said central government plans to boost research and development spending to about 2 per cent of GDP and invited private sector to tap Rs 1 lakh crore Research, Development & Innovation Fund (RDIF) that can underwrite up to half of project costs.“The objective of the RDIF is to encourage the private sector to scale-up R&D spending, currently at around 0.65 per cent of GDP. The role of t…
New Delhi, July 5 (IANS) The proposed Centre for Emerging Technologies will be set up at Tamil Nadu Knowledge City in Tiruvallur and will operate from a dedicated 20,000-square-foot research and teaching facility within the precinct’s knowledge tower.The collaboration aims to advance research and innovation in areas such as quantum computing, agri-tech and other emerging technologies, while fostering stronger links between academia and industry. The partnership will focus on collaborative resear…
New Delhi, July 1 (IANS) Prime Minister Narendra Modi said on Wednesday that the success of 11 years of the ‘Digital India’ initiative has given the country a new identity worldwide. PM Modi said this feat reveals the resolve of the countrymen to take the nation to new heights by embracing innovation and technology.“Digital India is the strong foundation of a developed and self-reliant India. Over the past 11 years, it has played a crucial role in empowering the poor and deprived, while makin…
Washington, June 30 (IANS) India has evolved from being merely an important global partner to becoming an “indispensable anchor” of the international order, driven by sustained economic growth, trusted partnerships and technological transformation, India’s Ambassador to the United States Vinay Mohan Kwatra said.Speaking at the US-India Strategic Partnership Forum (USISPF) Leadership Summit, Kwatra said India’s economic rise under Prime Minister Narendra Modi had positioned the country to play a …
Washington, June 27 (IANS) US lawmakers have warned that China is intensifying efforts to acquire American artificial intelligence technology and other advanced innovations through economic espionage, cyber operations and commercial investments, describing the campaign as a growing threat to both national security and global technological leadership. The warning came during a hearing of the House Select Committee on the Chinese Communist Party, where former Acting Director of the Defence Intelli…
Washington, June 23 (IANS) Indian-origin IBM Chief Executive Arvind Krishna joined senior Trump administration officials and technology leaders at the White House on Monday as President Donald Trump unveiled a new strategy to accelerate America’s quantum computing ambitions and strengthen its cyber security infrastructure.Krishna, one of the most prominent Indian-origin executives in the United States, welcomed two executive orders signed by Trump that seek to speed the development of advanced q…
Washington, June 23 (IANS) The Trump administration set a goal of delivering a scientifically relevant quantum computer by 2028, unveiling an ambitious strategy aimed at securing American leadership in one of the world’s most consequential emerging technologies.The initiative is part of two executive orders signed by President Donald Trump that seek to accelerate quantum innovation while strengthening cyber security protections against future quantum-enabled threats.Administration officials said…
Washington, June 23 (IANS) The United States launched an ambitious new push into quantum technology as President Donald Trump signed executive orders designed to speed the development of advanced quantum computers and move federal agencies more quickly towards quantum-resistant cyber security systems.The White House said the twin measures are intended to strengthen America’s position in a technology field increasingly viewed as critical to economic competitiveness, scientific discovery and natio…
Thiruvananthapuram, June 19 (IANS) After more than two-and-a-half decades as a legislator, Kerala Chief Minister V.D. Satheesan presented his maiden Budget on Friday.With the presentation of the revised State Budget for 2026-27, CM Satheesan also entered the rare list of Kerala Chief Ministers who have presented a Budget while in office, a distinction earlier held only by R. Sankar and Oommen Chandy.Beginning his speech with figures from the White Paper on Kerala’s financial position, CM Sathe…