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Ultra-Pure Silicon Chip Sparks a Quantum Computing Revolution

A collaboration between the Universities of Melbourne and Manchester has led to a groundbreaking method for producing ultra-pure silicon, enhancing the potential for scalable and accurate quantum computers. This technique extends quantum coherence, significantly reducing computing errors and allowing for complex calculations that outpace traditional computers. Researchers at the Universities of Melbourne and Manchester have…

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Govt. plans 6000MW solar power hub in Jamalpur

New policies are being formulated to reduce tariffs on imported technology and components to promote renewables, especially through rooftop solar panels. These policies are to be introduced soon through Statutory Regulatory Orders (SROs),” he said in a roundtable on rooftop solar projects, jointly organised by The Business Standard and Infrastructure Development Company Limited (IDCOL) yesterday.Nirod…

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Edtech Startup Skill-Lync’s FY23 Loss Widens 1.9X YoY To INR 266 Cr, Revenue Surges 200%

Chennai-headquartered edtech startup Skill-Lync saw its standalone net loss widen over 90% to INR 266.4 Cr in the financial year 2022-23 (FY23) from INR 140.1 Cr in the previous fiscal year, hurt by a sharp jump in several expense buckets. Skill-Lync’s operating revenue jumped 200% to INR 139.6 Cr in the year under review from INR 46.5…

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Shopify shares plunge nearly 19 per cent on lower-than-expected outlook for next quarter.

Shopify Inc. posted double-digit revenue growth for its first fiscal quarter but shares sank nearly 19 per cent Wednesday on the company’s lower-than-expected estimates for revenue and margins in the next quarter. Shopify forecasted revenue growth in the high teens for the next quarter, in comparison with growth in the mid-20s for the past four…

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Meet The Swiss Start-Up Taking On The Tech Giants In Robotics And AI

The race to develop “humanoid robots” powered by artificial intelligence is accelerating, with firms such as Figure, Sanctuary and 1X, often backed by big tech sector names, raising hundreds of millions of dollars from investors. However, one seemingly unlikely competitor in this race is Mimic, a Swiss start-up that is today announcing a $2.5 million fund-raise…

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