News
IBM Unveils Nighthawk And Loon Quantum Chips
The company’s new processors push toward practical quantum advantage with two divergent chip designs.
IBM has released a pair of quantum chips — Nighthawk and Loon — that the company hopes will give it a credible shot at demonstrating the quantum advantage over regular processors. The designs split into two directions, with the Loon chip being the more experimental of the pair.
Nighthawk is IBM’s main bet. The chip is a 120-qubit version that’s due for distribution to partners in late 2025, using 218 tunable couplers in a square lattice to tighten control over qubit interactions. IBM says the layout will let it “execute circuits with 30 percent more complexity” and run problems that require up to 5,000 two-qubit gates. The company wants this line to mature quickly enough to power its first verifiable advantage claim.
Loon goes off the conventional path. Instead of keeping qubits on a flat plane, it links them vertically as well. New Scientist has flagged the design as an early test of 3D quantum layouts — an attempt to reduce errors by giving qubits more routes to talk to each other. It’s not aimed at near-term rollout but could shape future rigs if the approach holds.
The split strategy underlines IBM’s view that smart connectivity, not headline qubit counts, will decide who reaches the next milestone. Google, on the other hand, is leaning another way: Its Willow chip, paired with the “Quantum Echoes” algorithm, has already been presented as a proof point for “the first-ever verifiable quantum advantage running the out-of-order time correlator (OTOC) algorithm”.
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IBM is also backing a community-run quantum advantage tracker with Algorithmiq, the Flatiron Institute and BlueQubit. The framework “supports three experiments for quantum advantage across observable estimation, variational problems, and problems with efficient classical verification,” and IBM is pushing researchers to contribute.
For MENA labs building quantum and HPC programs under national digitalization efforts, the contrast between Nighthawk and Loon offers a clearer view of where the hardware race may bend next — tight, lattice-driven control on one side; a stab at 3D connectivity on the other.
The field is moving fast, and IBM’s twin quantum chips mark its next swing at staying in the fight.
News
NEOPAY Wants To Follow Merchants Across Channels And Borders
A controlling 65% stake in noon payments would give NEOPAY access to marketplace sellers, online merchants and the payment flows they generate.
It’s been a long time since checkouts were single defined places. A merchant might take payments at a physical register, on its own website and through an online marketplace, sometimes in more than one country. NEOPAY wants to follow those transactions wherever they happen.
The UAE payments company has entered into an agreement to acquire a 65% controlling stake in noon payments. NEOPAY already runs the acquiring infrastructure that lets merchants accept card payments, along with omnichannel acceptance and a merchant services platform. This new deal would add noon payments’ embedded payments platform, e-commerce gateway and merchant network across the UAE, Saudi Arabia and Egypt. That would considerably expand both NEOPAY’s digital commerce capabilities and its regional reach.
For merchants, the attraction is a single provider for online and in-store payments, plus faster settlements, data and analytics, and value-added financial services.
“Payments should be simple, reliable, and built for the markets they serve,” said Faraz Khalid, CEO of noon. His counterpart at NEOPAY, Vibhor Mundhada, added: “We have built a strong payments business in the UAE, and our ambition is now to take that capability across the region”. The acquisition, Mundhada added, would “expand our footprint into Saudi Arabia and Egypt” while reinforcing NEOPAY’s position at home.
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NEOPAY is also keen to point out potential payment volume increases. The company says noon payments’ integrations with marketplace sellers and online merchants create high transaction density in some of the region’s fastest-growing digital commerce segments. It also believes control of the business would give it access to those merchant relationships and payment flows, and speed up the rollout of alternative payment methods and installment options.
The combined roadmap targets faster merchant onboarding, better payment performance, tighter fraud controls and embedded financial services. The deal could also strengthen cross-border payments and settlement along key regional commerce corridors.
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