Punjab National Bank (PNB) is bringing quantum computing and AI into the banking sector with the launch of India’s first bank-led Quantum Finance Innovation Hub at Amaravati Quantum Valley. PNB has partnered with the Government of Andhra Pradesh to establish the hub, which will
India has moved a step closer to building quantum-secure defence communications after the Defence Research and Development Organisation (DRDO) completed military field trials of its indigenous Quantum Key Distribution (QKD) system. The technology, developed with Bengaluru-based Taqbit Labs, is designed to protect sensitive military and strategic
'India is an important and trusted partner of the United States in areas like quantum computing and supply chains,' stated Sarah Rogers, Under Secretary of State for Public Diplomacy of the United States. Rogers made the remarks during an online media interaction while on an
Amaravati is set to mark a major milestone in its technology ambitions with the inauguration of a Quantum Reference Facility on World Quantum Day, i.e., on April 14. The move signals the city’s growing focus on next-generation computing and its intent to position itself as
In a landmark development for India’s technology landscape, the Indian Institute of Information Technology-Dharwad (IIIT-Dharwad) has been selected as the host for the country’s first commercial quantum computer. The announcement, made by Karnataka’s IT and Biotechnology Minister Priyank Kharge, underscores a strategic push to strengthen
The Karnataka government has announced an ambitious ‘DeepTech Decade’ initiative, pledging over Rs 600 crore to nurture startups and entrepreneurs working on artificial intelligence (AI), machine learning (ML), quantum computing, advanced manufacturing, robotics, and sustainability-driven innovation. The initiative marks a major step in the state’s mission