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Aramco Signs Quantum Computer Agreement With Pasqal

The partnership will see Pasqal install and operate the 200-qubit device in Saudi Arabia, with a scheduled deployment in mid-2025.

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aramco signs quantum computer agreement with pasqal

Aramco, one of the world’s leading companies in the integrated energy and chemicals sector, has signed a deal with Pasqal, a global pioneer in neutral atom quantum computing, to install Saudi Arabia’s first quantum computer in the second half of 2025.

Ahmad Al-Khowaiter, Aramco EVP of Technology & Innovation, explained: “Aramco is delighted to partner with Pasqal to bring cutting-edge, high-performance quantum computing capabilities to the Kingdom. In a rapidly evolving digital landscape, we believe it is crucial to seize opportunities presented by new, impactful technologies, and we aim to pioneer the use of quantum computing in the energy sector. Our agreement with Pasqal allows us to harness the expertise of a leading player in this field as we continue to build state-of-the-art solutions into our business”.

aramco pasqal quantum computing agreement

The 200-qubit quantum computer will initially be set to a base-level analog mode. Within the following 12 months, the system will see upgrades (known as “analog-digital mode”), which will give it even greater computational power.

Pasqal and Aramco wish to leverage the quantum computer to establish a regional center for quantum research in the Kingdom of Saudi Arabia and to find new applications for the energy sector. The plans involve partnering with leading academic institutions to find breakthroughs in quantum algorithm development.

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Georges-Olivier Reymond, Pasqal CEO & Co-founder, stated: “The era of quantum computing is here. No longer confined to theory, it’s transitioning to real-world applications, empowering organizations to solve previously intractable problems at scale. Since launching Pasqal in 2019, we have directed our efforts towards concrete quantum computing algorithms immediately applicable to customer use cases. Through this agreement, we’ll be at the forefront of accelerating commercial adoption of this transformative technology in Saudi Arabia”.

The agreement forms part of Pasqal’s greater strategy and activity in Saudi Arabia after establishing an office in the Kingdom in 2023. During the same year, Aramco’s Wa’ed Ventures also participated in a Series B fundraising round for Pasqal.

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Oura’s Fourth-Generation Ring Becomes Sleeker And Smarter

The Finnish tech company’s fourth-gen Ring offers a sleeker design, improved sensors, and smarter health insights, along with a revamped app.

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oura's fourth-generation ring becomes sleeker and smarter
Oura

Oura, the Finnish company known for pioneering smart rings, has just revealed its fourth-generation Ring. The updated version features a refined design, improved battery life, and upgraded sensors that provide more detailed health insights.

One of the biggest changes in the Ring 4 are the sensors, which now sit flush with the surface, making it smoother and sleeker. The improvements go beyond just aesthetics, with Oura stating that the Ring 4 now has 18 signal pathways, a significant increase from the 8 found in the previous generation.

The company claims that the updated sensors improve blood oxygen data accuracy by 30%, while gaps in nighttime heart rate are reduced by 31%, and daytime gaps are cut by 7%. Although the exact battery capacity hasn’t been revealed, the sensor optimizations should also allow the Ring 4 to last up to eight days on a single charge.

The Ring 4 is available in 12 sizes (4-15) and six colors: Silver, Brushed Silver, Gold, Rose Gold, Stealth, and Black. All options except Stealth are coated in titanium with a physical vapor deposition finish, while Stealth features a diamond-like carbon coating.

The Ring is also water-resistant up to 100 meters, making it suitable for swimming and sauna use, though not for dedicated deep-sea divers.

In addition to hardware upgrades, Oura is rolling out a redesigned mobile app. The app organizes health data into three sections: Today, Vitals, and My Health. These sections help wearers monitor their daily vital signs and long-term health metrics, such as cardiovascular age and sleep patterns. The app update is available for all users, regardless of which generation of Ring they own.

Also Read: Meta Reveals Orion AR Glasses, Offering A Glimpse Into The Future

As with the previous model, Oura continues to offer some features behind a membership paywall, priced at $5.99 per month or $70 per year. New to the Ring 4 are automatic activity and heart-rate detection for up to 40 different activities. The app will also now provide better insights for menstrual tracking, specifically around fertility windows.

The Oura Ring 4 is available for pre-order starting today, with prices beginning at $349. Shipping is expected to start on October 15, 2024.

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