University of Tokyo Installs 127-Qubit IBM Quantum Eagle Processor for Research in Bioinformatics, Materials Science, and Finance

Bitget App

Trade smarter

Cointime2023/11/27 20:33

By:Cointime

IBM has installed a 127-qubit quantum computing system at the University of Tokyo, marking the arrival of the first "utility-scale" quantum system in the region. The system, called Quantum System One, will be used for research in various fields including bioinformatics, materials science, and finance. Meanwhile, Alibaba has decided to close its quantum computing laboratory and donate its equipment to Zhejiang University, citing cost-cutting measures and uncertainty caused by the US partial export ban on computer chips to China. The quantum computing sector is expected to grow by over $5.5 billion between 2023 and 2030, leading some experts to worry about the state of quantum computing research outside of the US and China.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA•2025/09/12 06:14

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA•2025/09/12 06:14