Zinger Key Points
- Cisco unveils new quantum chip with UC Santa Barbara to scale quantum networks using existing fiber.
- Cisco opens Quantum Labs in Santa Monica to advance entanglement tech and post-quantum security.
- Don’t miss this list of 10 overlooked stocks—including one paying a 9% dividend—before Wall Street catches on.
Cisco Systems, Inc. CSCO announced on Tuesday that it has created a new quantum chip in collaboration with UC Santa Barbara that enables quantum networks to scale and connect quantum processors for practical applications. The company also said it opened a quantum lab in Santa Monica, CA, where quantum scientists and engineers are building quantum networking technologies.
The quantum network entanglement chip operates at standard telecom wavelengths and can leverage existing fiber optic infrastructure. The new chip is also energy efficient, consuming less than 1 megawatt of power.
Cisco also said it has opened its Cisco Quantum Labs facility in Santa Monica, CA.
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The lab’s researchers will work on the new entanglement chip and advance other research prototypes, such as entanglement-distribution protocols, a distributed quantum-computing compiler, a Quantum Network Development Kit, and a Quantum Random Number Generator (QRNG).
Cisco also implemented Post-Quantum Cryptography (PQC) NIST standards across its portfolio, ensuring classical networks remain secure in a post-quantum world.
In February, Amazon.com, Inc. AMZN Amazon Web Services (AWS) announced Ocelot, its new quantum computing chip, which is expected to reduce the costs of implementing quantum error correction by up to 90%. The AWS Center for Quantum Computing team developed the chip at the California Institute of Technology.
Microsoft Corp. MSFT debuted the Majorana 1 quantum chip to scale to 1 million qubits for industrial-scale problem-solving.
Last December, Alphabet Inc.’s GOOG GOOGL Google announced its quantum chip Willow that could reduce errors exponentially as it scaled up using more qubits.
In November, NVIDIA Corp. NVDA tapped Quantum AI to drive the development of quantum computing devices.
Price Action: CSCO is trading flat at $59.33 on Wednesday.
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