SENSEX 81297.22 (0.18)

Nifty 50 24640.8 (0.25)

Nifty Bank 54857.6 (-0.15)

Nifty IT 37642.9 (0.77)

Nifty Midcap 100 55877.6 (0.64)

Nifty Next 50 65314.05 (0.38)

Nifty Pharma 21346.5 (-0.06)

Nifty Smallcap 100 17056.6 (0.91)

Indian Market
Nifty 50 48,450.45 +541.45 | 0.85%
Nifty 100 48,450.45 +541.45 | 0.85%
Sensex 48,450.45 +541.45 | 0.85%
Sensex 48,450.45 +541.45 | 0.85%
Global Market
Nifty 50 48,450.45 +541.45 | 0.85%
Nifty 100 48,450.45 +541.45 | 0.85%
Sensex 48,450.45 +541.45 | 0.85%
Sensex 48,450.45 +541.45 | 0.85%
News
  • Investment Services
  • Empower your investments with real-time data and personalized strategies. Join us at JustTrade and shape your
  • Investment Services
  • Empower your investments with real-time data and personalized strategies. Join us at JustTrade and shape your
  • Investment Services
  • Empower your investments with real-time data and personalized strategies. Join us at JustTrade and shape your
TCS, IBM collaborate for Andhra Pradesh Govt.'s Quantum Valley Tech Park initiative
(13:34, 02 May 2025)

Tata Consultancy Services (TCS) and IBM are partnering to further develop India's quantum industry as part of the Government of Andhra Pradesh's new, first of a kind, Quantum Valley Tech Park, currently being built in the capital city of Amaravati. The tech park will be anchored by an IBM Quantum System Two installation, with a 156-qubit Heron quantum processor, the largest quantum computer in India.

Tata Consultancy Services (TCS) is partnering with IBM to support the development of algorithms and applications that will help the Indian industry and academia solve some of the nation's most complex challenges. The Government of Andhra Pradesh, IBM and TCS hope to accelerate the development of India's quantum ecosystem through this initiative.

Dr. Harrick Vin, Chief Technology Officer, Tata Consultancy Services, said, Hybrid architectures are the key to overcoming intractable computing challenges, with quantum computing serving as a catalyst. TCS's Hybrid Computing strategy is creating what we believe is a breakthrough software layer that intelligently decomposes programs across current systems ' CPUs, GPUs and emerging computing architectures ' such as quantum. We're excited to be partnering with IBM, and the Government of Andhra Pradesh at the Quantum Valley Tech Park and support India's National Quantum Mission to accelerate the development of quantum algorithms and applications that solve complex intractable problems and drive both economic growth and technological innovation.'

Powered by Capital Market - Live News