Stakeholder Announcements
Original HTML

Stakeholder Announcements

-

Update: OBSI 2026 External Review Public Consultation As previously announced, CRKhoury (CRK) is currently leading an independent review of OBSI’s banking and securities mandates and our overall operations and practices. CRK have established a Review website at obsireview.crkhoury.com.au which provides some information about the Review and will be updated from time to time as the Review progresses.

-

OBSI 2026 External Review Public Consultation As previously announced, CRKhoury (CRK) is currently leading an independent review of OBSI’s banking and securities mandates and our overall operations and practices. The independent review is expected to conclude with the final report published later this year on OBSI’s website.

-

CRKhoury to conduct OBSI’s 2026 independent external reviews OBSI is pleased to announce the appointment of CRKhoury (CRK) to conduct the 2026 independent external review of OBSI’s operations and practices for both banking and investment-related complaints. The purpose of this independent review is to evaluate whether OBSI has fulfilled its regulatory obligations and operates effectively in accordance with recognized best practices for financial services ombudsmen.

-

OBSI hosts annual meeting of financial services ombuds from around the world OBSI is honoured to host financial services ombudsmen from around the world at the 2024 annual conference of the International Network of Financial Services Ombudsman Schemes (INFO Network), which is taking place in Toronto from September 29 to October 2, 2024.

-

OBSI consultation on loss calculation for complaints involving unsuitably sold illiquid exempt market securities – request for public comment September 26, 2024 – The Ombudsman for Banking Services and Investments (OBSI) is now seeking input from stakeholders and the public in relation to our approach to calculating investor losses in cases involving unsuitable sales of illiquid exempt market securities. This consultation is focused on assessing the process we currently use and helping us determine whether there are better alternative approaches we should adopt in such cases. This consultation was recommended in our 2021 independent expert external review. OBSI remains committed to improving its approaches and practices wherever possible.

-

OBSI launches new website We are pleased to announce the launch of our refreshed website. This update brings a contemporary design and user experience to OBSI.ca, making it easier and more intuitive for consumers and firms to access the information and tools they need.

-

OBSI announces search for two new board members We will soon be launching a search for two qualified professionals to join our Board of Directors to fill one current and one expected vacancy. The positions to be filled are for one Industry Director and one Consumer Interest Director. To ensure an open search process and that we are able to identify the best candidates, as part of our search process, we will engage with industry associations and consumer advocacy groups for potential candidate recommendations.

-

OBSI Governance Review – request for public comment November 1, 2022 - As first announced on August 25, the Ombudsman for Banking Services and Investments (OBSI) is now seeking input from stakeholders and the public in relation to its organizational governance. This consultation is focussed on understanding how OBSI’s board can best ensure that it has the opportunity to consider the perspectives of stakeholders with financial service industry expertise and consumer advocacy expertise in its decision making. OBSI is committed to ensuring a deep knowledge of these perspectives at the board level because they are crucial to ensuring that the organization is able to continue to fulfil its mission of helping to ensure a fair, effective and trusted financial services sector. OBSI’s last public consultation on governance reform took place in 2012.

-

OBSI Response to the 2021 Independent Evaluation Recommendations October 26, 2022 - Today, OBSI provided its response to the recommendations included in the 2021 independent evaluations of its investment and banking mandates.

-

OBSI board announces launch of strategic governance review August 25, 2022 - The Board of Directors for the Ombudsman for Banking Services and Investments (OBSI) announced that it has begun a strategic review of its governance structure with plans for public consultation in the late fall.

Class (B2B/B2C)
B2B
Ingest Status
Rewritten
Dedupe hash
827f7dacd8c5b64b29f158f9fd7f63b9
Press Eligible
Yes
Press Eligible Reason
Financial services ombudsman updates on governance, consultations, and independent reviews.
Source Name
Ombudsman for Banking Services and Investments (OBSI)
Image URL
https://media-001-ca.cdn.govstack.com/obsi-006-ca/media/1byowuih/obsi-logo-cropped.svg
Content Hash (SHA-256, erste 32 hex)
f6b829e74273d8cd0dde2f9214ee6f05
MODE Global News
Image File
Original HTML

MODE Global Announces Strategic Partnership with Sync Logistics Training

DALLAS, TEXAS (April 16, 2024) – MODE Global (“MODE”), an industry-leading third-party logistics (3PL) firm is excited to announce a strategic partnership with Sync Logistics Training (“Sync”), an online learning and development platform designed specifically for the transportation industry. The collaboration strengthens MODE’s existing training process and equips employees to deliver the high level of service MODE customers demand.

As the logistics industry continues to evolve, MODE recognizes the critical role training plays in employee success and professional development. By partnering with Sync, MODE can help its employees excel by providing a comprehensive training program tailored to the unique demands of its business model and growth strategy.

“As a participant of the Sync pilot program, when I saw how comprehensive the curriculum and training program was, I knew I wanted to advocate for this tool not only for my team’s development but also as part of an enterprise-wide solution,” said Rob Jernigan, vice president of agent experience at MODE Global. “With the Sync platform, industry knowledge is no longer a stumbling block to employee success.”

Key goals of the partnership include:

- Decrease ramp times and set MODE employees up for long-term success with Sync’s best-in-class industry-specific training.

- Increase MODE employees’ skills and confidence to navigate the complex world of freight brokerage through Sync’s interactive simulations.

- Support MODE’s ongoing investment in employees by providing continuous education and upskilling opportunities.

“Our goal is to help brokers train and retain more proactive and engaged employees,” said Nick Dangles, co-founder of Sync Logistics Training. “We are thrilled to partner with MODE to enhance its employee development initiatives!”

The partnership between MODE and Sync represents a shared commitment to investing in employee development for all MODE employees and to raising the bar of service excellence within the transportation industry.

About Sync Logistics Training

Sync Logistics Training is an online training and development platform, built specifically for the transportation industry. We allow your brokerage to transfer years of industry knowledge to your new employees in an engaging and effective way. Using a mix of video courses, simulations and quizzes, your new hires will reach new heights faster.

Ingest Status
Rejected
Dedupe hash
42ace0831c68d4ba706e89f182199b59
Source Name
MODE Global
Image URL
https://www.modeglobal.com/wp-content/uploads/2024/04/MODE-Global-Sync-News-Page-Image-.png
Source Node
Content Hash (SHA-256, erste 32 hex)
6ddf67d29ad627a58aa3eb6abe8e6cce
CMS outlines comprehensive strategy to foster innovation for transformative medical technologies
Original HTML

CMS outlines comprehensive strategy to foster innovation for transformative medical technologies

Today at the Medical Device Manufacturers Association (MDMA) Annual Meeting, Centers for Medicare & Medicaid Services (CMS) Administrator Seema Verma for the first time walked through the agency’s comprehensive strategy to improve patients’ access to emerging technologies. The future directions outlined in today’s address build on recently released CMS policies to unleash innovation in our healthcare system, reinforcing the Trump Administration’s commitment to encouraging a competitive market that lowers cost and increases the quality of and access to healthcare for all Americans.

“Innovation is the fuel that powers the engine of progress and creativity. That is why the Trump Administration is taking action in every possible way to promote, enhance, and foster innovation within the healthcare system,” said CMS Administrator Seema Verma. “We are committed to removing government barriers and modernizing regulations around new technologies to ensure safe and effective treatments are readily accessible to beneficiaries without delaying patient care.”

The Administrator highlighted two specific actions in today’s address.

First, for issuing Healthcare Common Procedure Coding System (HCPCS) codes, CMS is changing the current process of allowing only one opportunity per year to apply for new Level II codes. The agency is moving to a process with quarterly opportunities to apply for drugs, and semi-annual opportunities to apply for devices. CMS anticipates this will greatly improve the ability for technologies to move through the adoption curve, and additional details will be forthcoming on the updates to the process.

Second, for technologies with Current Procedural Terminology (CPT) Category III codes (which are temporary codes used for emerging technologies), CMS is clarifying that for technologies that do not fall under an existing LCD, Medicare contractors are required to follow the transparent new Local Coverage Determination process for every local coverage decision, including reviewing the evidence with respect to the technology. This clarification was part of a list of answers to commonly asked questions about the Local Coverage Determination process that the agency posted online earlier today.

Taken together with other CMS actions, these two actions represent key components of a comprehensive CMS strategy to address barriers to medical innovation in the Medicare program. Just last week in the Inpatient Prospective Payment System (IPPS) proposed rule, CMS proposed a number of changes to advance innovation, including proposing to increase the new technology add-on payment which provides hospitals with additional payments for cases with high costs involving new technology. CMS also proposed to modernize payment policies for medical devices that meet FDA’s Breakthrough Devices designation. The agency’s strategy overall will help ensure predictable coverage pathways, enhance opportunities for coverage for transformative technologies, reduce wait times to apply for permanent codes, and modernize payment for innovative services.

Administrator Verma’s speech can be viewed at: https://www.cms.gov/newsroom/press-releases/speech-remarks-administrator-seema-verma-medical-device-manufacturers-association.

###

Get CMS news at cms.gov/newsroom, sign up for CMS news via email and follow CMS @CMSgov

Class (B2B/B2C)
B2B
Ingest Status
Rewritten
Dedupe hash
f21e8ca5f5369d04b0401de62e392f15
Press Eligible
Yes
Press Eligible Reason
CMS policy update on coding, coverage, and payments for emerging medical technologies, relevant to healthcare and device industry professionals.
Source Name
AdvaMed News
Source Node
Content Hash (SHA-256, erste 32 hex)
bb0bfca7181ad16382289548cd0fc41f
Case Studies - Banking
Original HTML

Case Studies - Banking

-

Late disclosure of higher mortgage insurance premium leads to added costs for homebuyers and low settlement Mr. and Ms. D wanted to purchase a home and applied for a mortgage. Because their down payment was less than 20% of the purchase price, the mortgage was required to be insured under Canadian mortgage rules, and the bank arranged mortgage insurance as part of the financing.

-

Missing delivery leads to credit card chargeback dispute Mr. D used a credit card issued by Bank A to pay for online purchases from a Chinese e‑commerce platform in June 2025. The seller provided Mr. D with a tracking number shortly after the purchase. However, the tracking information never showed any shipping activity beyond its initial creation. The estimated delivery date passed without the goods being delivered. Mr. D attempted to resolve the issue by contacting the seller through the platform, but the seller did not provide a meaningful response. Mr. D did not receive a refund or a replacement.

-

Missed payments result in increased interest costs for consumer after balance transfer Ms. J held a credit card with her bank for several years when she learned of a promotional offer that allowed customers to transfer balances from other credit cards to her bank’s credit card at a 0% interest rate for 12 months. She called the bank to ask about this offer and the bank confirmed that it was still available, with a 3% balance transfer fee.

-

Consumer challenges interest charges after accepting balance transfer promotion Ms. W was a smart credit card user, always making sure to pay off her balance in full each month. She used her cashback card for everything from travel expenses to groceries, and for cash advances. Her bank informed her of a promotional offer to transfer balances from other credit cards to her cashback card at a 0% interest rate for 12 months. This offer represented a significant savings from the usual interest rates of 20.99% on outstanding balances and 21.99% on cash advances.

-

Consumer a victim of fraud but bank not responsible for loss Mr. E had a personal chequing and savings account at Bank Y. He enjoyed the convenience of online banking on his laptop and cell phone, and often accessed his bank accounts using Bank Y’s mobile application. Through e-mail, he received notifications from the bank about his account activity and liked being able to confirm account balances online. Mr. E had been a Bank Y customer for over 40 years.

-

Bank customer questions significant fees charged to his business account Mr. G had been a loyal business customer of his bank for 30 years. He trusted the bank with his business’ financial matters, and they had always maintained a good relationship.

-

Consumer is not responsible for bank’s technical issues Ms. Q returned to Canada from living abroad. To re-establish her credit history, she applied for and received a prepaid credit card, which held a cash balance and was widely accepted. She used this card to pay bills and make online purchases, such as groceries. The mobile app associated with Ms. Q’s prepaid credit card allowed her to easily add funds to her account, monitor her spending and review her monthly account statements online.

-

Consumer surprised when bank gives him 30 days to close his account Mr. K arranged a meeting at a Canadian branch of ABC Bank, so he could open a personal chequing account. At the meeting, he provided the proper documentation and told the bank he would be traveling abroad. He also mentioned that a branch of ABC Bank was located where he was going, and he was relying on his new ABC bank account to transfer money back to Canada.

-

Consumer pursues credit card refund for vacation cancelled due to COVID-19 Whenever you buy goods and services, especially for future delivery, be sure to pay careful attention to the terms and conditions of the purchase. Return and refund policies vary, so before you agree to buy, it’s important to understand what you will be entitled to if the goods are damaged, or the services are cancelled.

-

Consumer responsible for unauthorized transactions after not taking enough care to protect his debit card and PIN If you have a debit card, you have agreed to use it subject to the obligations in the cardholder agreement you made with your bank when the card was issued.

Class (B2B/B2C)
B2C
Ingest Status
Rewritten
Dedupe hash
7c7fc123aaf383b51d54ac1470414629
Press Eligible
Yes
Press Eligible Reason
Manuelle Prüfung nötig. Risiko: MEDIUM. Flags: ['finance', 'numbers']. Stichprobe: True
Source Name
Ombudsman for Banking Services and Investments (OBSI)
Image URL
https://media-001-ca.cdn.govstack.com/obsi-006-ca/media/1byowuih/obsi-logo-cropped.svg
Content Hash (SHA-256, erste 32 hex)
6f51523a7f77faaafcd2be8f20a2c8ec
Yeti Audio-Animatronic Coming Back to Life Inside Expedition Everest
Image File
Original HTML

On the “Horizons: A Carousel of Progress” stage at D23: The Ultimate Disney Fan Event presented by Visa, Neil Patrick Harris was interrupted by Thomas Mazloum, Chairman, Disney Experiences. It was time for an announcement big enough to shake a mountain to its core: “We’re bringing the Yeti back to life inside Expedition Everest at Disney’s Animal Kingdom!”

Cheers rocked the crowd, louder than the screech of a legendary beast.

As beasts of legend are soothed with song, Gloria Gaynor gave our long-dancing yeti an epic send-off. She paid tribute to our loveable Yeti as only she could, performing her 1978 disco hit, I Will Survive.

Expedition Everest at Animal Kingdom

Nestled inside Disney’s Animal Kingdom, a majestic (and nearly 200-foot) Forbidden Mountain houses a legendary secret. From the moment you enter the queue, the lore of the yeti comes alive, as you peruse a trailside museum featuring evidence of campground attacks, sketches of sightings, and even a footprint mold of a giant yeti foot.

Once you’ve boarded an old tea train car and climbed the rocky peaks, you’ll notice a few more obvious signs of the mysterious guardian of the mountain during the high-speed ride, including a few torn train tracks. Inspired by the northwest face of Mount Everest and geological elements found in Tibet and Nepal, Expedition Everest is the perfect hideout for even the most discerning yeti.

Stay tuned to Disney Parks Blog. We’ll have all the latest news on this star of the Himalayas.

Class (B2B/B2C)
B2C
Ingest Status
Rewritten
Dedupe hash
aa1802e39a9b2e06d6323c104b3eac12
Press Eligible
Yes
Press Eligible Reason
Disney announces an update to a theme-park attraction for visitors.
Source Name
Disney Parks Blog
Image URL
https://disneyparksblog.com/app/uploads/2026/08/YETI-Animal-Kingdom.png
Source Node
Content Hash (SHA-256, erste 32 hex)
e14c59eca07b287141cc6134c0d19a96
A Grand and Miraculous Refurbishment: Spaceship Earth to Receive Reimagining
Image File
Original HTML

We now know the future of Spaceship Earth at EPCOT.

As Neil Patrick Harris was talking about outer space on the Horizons: A Carousel of Progress stage at D23: The Ultimate Disney Fan Event presented by Visa, conversation naturally shifted to our favorite geodesic sphere from the ‘80s.

Makes sense. How can you talk about the future of Disney Experiences without discussing the iconic attraction that celebrates humanity’s march from the caves to the cosmos and inspires guests to imagine, create, and build a better tomorrow.

Joining him onstage to talk about the engineering marvel were Disney Imagineer Ali Rubinstein and YouTuber Mark Rober. This dynamic duo gave a nice refresher on the iconic opening day EPCOT attraction before jumping into the anticipated news.

For the first time in nearly 20 years, Spaceship Earth is getting an update.

The Evolution of Spaceship Earth

Before our ride vehicle turns around and takes us into the future, let’s celebrate the legacy of Spaceship Earth, a groundbreaking attraction that has inspired guests for generations.

Fun Facts about Spaceship Earth

- Walter Cronkite narrated a script that was added to the attraction in 1986. In fact, since opening, there have been four narrators for Spaceship Earth.

- The structure is called a “geodesic sphere” because it’s a perfectly round structure that is supported in the air by three pillars.

- The attraction stands at 180 feet tall with 2.2 million cubic square feet of space inside the geosphere.

- Spaceship Earth is one of the most complicated ride systems Walt Disney Imagineering has ever created because the ride incorporates a continuously moving train of vehicles that spiral up into the structure before turning “backward” to come back down to Earth.

- The storyline currently follows the history of human innovation, from prehistoric times to the 21st century.

Like the attraction, the evolution of Spaceship Earth has been an exciting journey filled with chapters of progress, displays of ingenuity, and an endless future of invention.

Updates Coming to Spaceship Earth

It’s time to invent the future! At the showcase, Ali revealed that a re-imagineered Spaceship Earth will be coming to EPCOT, bringing the attraction into the internet age and beyond.

What can you expect in the world of tomorrow? The ride currently tells the story of human communication, but the team is reimagining that focus on a broader theme that is still classically EPCOT – human connection.

So, here’s to the next 30,000 years on Spaceship Earth. The present is just the beginning!

Class (B2B/B2C)
B2C
Ingest Status
Rewritten
Dedupe hash
dc71df375625845d1019873adbe964ab
Press Eligible
Yes
Press Eligible Reason
Disney announces a consumer-facing update to the Spaceship Earth attraction at EPCOT.
Source Name
Disney Parks Blog
Image URL
https://disneyparksblog.com/app/uploads/2026/08/DSC6335-scaled.jpg
Source Node
Content Hash (SHA-256, erste 32 hex)
6e47597f605e3649411c5490527df504
Dreamfinder and Figment Return to EPCOT
Image File
Original HTML

There’s one more surprise coming out of Horizons: A Carousel of Progress. And it’s the only thing host Neil Patrick Harris asked for! Aside from unlimited churros during the event.

Ok, picture this: two tiny wings, eyes big and yellow. The horns of a steer (but don’t worry, he’s a lovable fellow). From head to tail, he’s a royal purple pigment. Are you imagining it? Good, because voila — you’ve got a Figment!

Announced during the closing moments of the Disney Experiences showcase at D23: The Ultimate Disney Fan Event presented by Visa, it’s time to take a new flight of fancy into our imagination at EPCOT. Not only will everyone’s favorite creative purple dragon be sticking around, but he’s finally reunited with Dreamfinder, too.

You know what they say: a dream can be a dream come true.

“We are taking a new journey into imagination at EPCOT with Dreamfinder and Figment!” Disney Experiences Chairman Thomas Mazloum told the cheering crowd. “I’m so happy to share this news tonight. We know how important this is to you. We’ve heard you, and this is one more way we’re putting you in the center of everything we do.”

There’s so much more to come about Dreamfinder and Figment’s journey back to EPCOT, but it’s not like either one of them has totally disappeared from our hearts.

Who is Figment?

Unless you’ve been living under a geodesic sphere for the last few years, you’ve probably seen Figment out and about around EPCOT — both doing meet-and-greets in the Imagination! pavilion, and adorning copious amounts of EPCOT and festival merchandise. Figment has been the focal point for EPCOT International Festival of the Arts since the inaugural season back in 2017. His most recent resurgence kicked off with a viral novelty popcorn bucket in 2022.

But Figment’s been at EPCOT since 1983 when the first iteration of Journey into Imagination opened. While the attraction has been through a few different versions over the years, that loveable purple dragon has always been a staple in the park, becoming one of the park’s most recognizable and enduring icons.

As the embodiment of imagination itself, part of what makes Figment so special is that he’s uniquely EPCOT. His curiosity and playfulness most represent the identity of EPCOT as a park.

Who is Dreamfinder?

Before there was Figment, there was Dreamfinder, the whimsical dream-chaser who helped bring imagination to life. Introduced in the original Journey Into Imagination attraction at EPCOT in 1983, Dreamfinder guided guests “collecting sounds, colors, ideas, anything that sparks the imagination.”

The cheerful inventor and storyteller served as both creator, mentor and friend to Figment, encouraging guests to remain curious. All it takes is one little spark.

For 15 years, from 1983 to 1998, Dreamfinder was at the center of Journey into Imagination, inspiring generations of EPCOT fans with his boundless optimism and sense of wonder. Decades later, fans still hold Dreamfinder close to their hearts, not just because of the adventures he shared with Figment, but because of the feeling he inspired: that imagination is something worth holding onto, no matter how old you are.

Class (B2B/B2C)
B2C
Ingest Status
Rewritten
Dedupe hash
945074ee1095b752724d5fa768db23cb
Press Eligible
Yes
Press Eligible Reason
Manuelle Prüfung nötig. Risiko: LOW. Flags: ['none']. Stichprobe: True
Source Name
Disney Parks Blog
Image URL
https://disneyparksblog.com/app/uploads/2026/08/Figment-and-Dreamfinder.jpg
Source Node
Content Hash (SHA-256, erste 32 hex)
2916217fb75258bd6415964ec04254c6
Quantum Weekly News – your one-stop newsletter for the latest breakthroughs and industry updates in Quantum Computing
Image File
Original HTML

Quantum Weekly News – your one-stop newsletter for the latest breakthroughs and industry updates in Quantum Computing

Global roundup of quantum computing news, research, and policy

This week, the quantum computing world witnessed a mix of global collaboration, technological innovation, and strategic investments that continue to accelerate progress toward large-scale quantum advantage. From new partnerships in Japan to breakthroughs in quantum-secure communications, here’s everything you need to know from the past week.

Government & Institutional Initiatives

🇯🇵 September 29, 2025 | Tokyo, Japan Fujitsu and AIST Announce Strategic Quantum Partnership Fujitsu Ltd. and Japan’s National Institute of Advanced Industrial Science and Technology (AIST) announced a groundbreaking collaboration to advance superconducting quantum computers. The partnership will focus on developing large-scale systems, optimizing cryogenic control electronics, and accelerating commercialization through joint R&D and shared infrastructure. 🔗 Source: Fujitsu Global Press Release

Industry Developments

🇺🇸 September 29, 2025 | Denver, Colorado Quantum Computing Inc. (QCi) Unveils Quantum-Secure Communication Platform At the ECOC 2025 Conference, Quantum Computing Inc. demonstrated its “Quantum Secure Solution,” a high-dimensional time-energy entangled communication platform. The system is designed for integration with existing telecom networks, offering a scalable pathway toward quantum-safe data transmission for commercial and defense sectors. 🔗 Source: Quantum Computing Inc. Press Release

🇩🇪 September 30, 2025 | Garching, Germany Kiutra Secures €13 Million in Series A Funding Kiutra, a startup specializing in cryogenic cooling systems for quantum computers, successfully closed a €13 million funding round. The company’s innovation — cooling without helium-3 — addresses one of the most critical bottlenecks in scaling quantum hardware. 🔗 Source: Company Announcement, Garching Tech Week 2025

Research & Academic Highlights

🇺🇸 September 29, 2025 | Cambridge, Massachusetts Harvard Researchers Control 3,000+ Qubit System A team at Harvard University reported controlling over 3,000 neutral atom qubits, marking one of the largest experimental quantum systems to date. The breakthrough, published in Physical Review Letters, demonstrates long-coherence control and advances the pursuit of fault-tolerant quantum architectures. 🔗 Source: Harvard Quantum Initiative Journal Publication

October 1, 2025 | Leuven, Belgium & Sydney, Australia Diraq and imec Achieve Scalable Silicon Quantum Dot Fabrication Australian quantum firm Diraq, in collaboration with Belgium’s imec, announced a major advance in silicon quantum dot manufacturing. Their results, achieved using standard CMOS fabrication techniques, bring the industry closer to mass-producible quantum chips. 🔗 Source: imec Global Newsroom

Recommended by LinkedIn

Education & Talent Development

🇺🇸 October 2, 2025 | Albuquerque, New Mexico Launch of the Quantum Learning Lab (QuLL) The Quantum Learning Lab officially opened this week, offering hands-on training programs for engineers, scientists, and students entering the quantum field. The lab’s first “Quantum Technician Bootcamp” began on September 29, emphasizing applied skills for hardware calibration and quantum error mitigation. 🔗 Source: New Mexico Tech Innovation Press Brief

Conferences & Forthcoming Events

🇮🇱 October 3, 2025 | Tel Aviv, Israel Quantum Machines Announces AQC25 Conference Quantum Machines unveiled the Adaptive Quantum Circuits 2025 (AQC25) conference, to be held in November. The event will convene global researchers and industry leaders to discuss adaptive mid-circuit quantum algorithms — a key frontier for real-time feedback and fault tolerance. 🔗 Source: PR Newswire

Awards & Recognitions

🇸🇪 October 3, 2025 | Stockholm, Sweden Nobel Prize in Physics 2025 Awarded for Quantum Circuit Experiments The 2025 Nobel Prize in Physics was awarded to three scientists whose pioneering experiments demonstrated quantum effects in macroscopic electrical circuits — the foundation for superconducting quantum computers. This recognition highlights how fundamental physics continues to shape modern technology. 🔗 Source: Royal Swedish Academy of Sciences Press Release

Global Policy & Outlook

🇺🇸 October 5, 2025 | Washington, D.C. White House OSTP Reaffirms Quantum as National Priority The U.S. Office of Science and Technology Policy emphasized continued quantum R&D investment as part of its fiscal 2026 science priorities. The initiative focuses on quantum-safe cryptography, scalable architectures, and quantum networking infrastructure. 🔗 Source: OSTP Blog Post — “Science Priorities for the Next Frontier”

Summary: The Quantum Frontier Is Accelerating

From Japan’s national partnership and Harvard’s record qubit control, to multi-million-dollar investments and policy-level reaffirmations, this week has underlined one thing: quantum computing is no longer experimental — it’s infrastructural. Momentum is global, collaboration is key, and the line between research and commercialization is rapidly disappearing.

Thanks for sharing

𝗦𝘂𝗯𝘀𝗰𝗿𝗶𝗯𝗲 𝘁𝗼 𝗺𝘆 𝗬𝗼𝘂𝗧𝘂𝗯𝗲 𝗰𝗵𝗮𝗻𝗻𝗲𝗹 for the latest 𝗾𝘂𝗮𝗻𝘁𝘂𝗺 𝗰𝗮𝗿𝗲𝗲𝗿 𝘂𝗽𝗱𝗮𝘁𝗲𝘀, expert sessions, and research insights from around the world. Youtube Channel link: https://lnkd.in/g8fu8CEk

Class (B2B/B2C)
B2B
Ingest Status
Rewritten
Dedupe hash
acef5514792a913295e42aaa99c708ae
Press Eligible
Yes
Press Eligible Reason
Manuelle Prüfung nötig. Risiko: MEDIUM. Flags: ['finance', 'numbers']. Stichprobe: False
Source Name
GlobalFoundries Newsroom
Image URL
https://media.licdn.com/dms/image/v2/D5612AQFO4Q3-fhB7PQ/article-cover_image-shrink_600_2000/B56ZnUtXsWI4AQ-/0/1760210290984?e=2147483647&v=beta&t=mHYqtgQb4T7JqN1zcvCaZCU_yBJvZC9IIAM6qfBLGos
Content Hash (SHA-256, erste 32 hex)
59cb464d16d774c4d4690fa17dfa43fe
How to Evaluate Quantum Processor’s Performance: In Conversation With Himadri Majumdar*
Image File
Original HTML

How to Evaluate Quantum Processor’s Performance: In Conversation With Himadri Majumdar*

Not all quantum processors are created equal. While everyone aims to increase the fidelity of quantum states and lower the error rate, many other metrics also play an important role in building large-scale quantum computers and delivering commercial value.

SemiQon builds quantum processors by trapping electrons or holes within silicon and using their spins as qubits, called silicon spin qubits. Since its founding as a spinout from the Finnish research institute VTT in 2023 and our last interview on Future of Computing, SemiQon has successfully completed several fab runs and started shipping the first 4-qubit chips to research collaborators.

This article is part of a series of deep dives into SemiQon’s advancements, and we had the pleasure of speaking again with Himadri Majumdar, CEO and co-founder of SemiQon, about what quantum hardware manufacturers and end users should keep in mind when evaluating quantum processors:

What’s the Fidelity of Quantum States?

Fidelity is sort of the counterpart to the error rate, measuring how accurately a quantum state has been prepared, transformed, or measured. It quantifies how close two quantum states are, which is typically the ideal target state and the actual quantum state produced by a quantum operation in the physical world. If you’re familiar with machine learning, think vector similarity but for quantum states.

Fidelity is a critical metric for evaluating the reliability and accuracy of quantum computations. It’s used to demonstrate the capabilities of quantum processors, where achieving high fidelity is often regarded as the holy grail of quantum computing—or simply put, the higher the fidelity, the closer we’re to practically useful quantum computing.

But practically, the important question is: How do we measure fidelity at scale when we have thousands, or eventually millions, of connected qubits? Individual qubits are not very useful unless they’re networked together, which opens up many more questions around: How will the networking be implemented? How will we control and calibrate them individually? And how will the control electronics behave, and what latency will it introduce?

Fidelity is important, but we need to start speaking about fidelity at scale, with connected qubits. We need to consider quantum processors as a whole and look at holistic metrics—this will decide who will build large-scale, useful quantum computers.

What Other Metrics Are Important When Evaluating a Quantum Processor’s Performance?

Quantum hardware manufacturers focus a lot on what their machines are fundamentally capable of: What set of quantum computing operations, called quantum gates, can we implement? What’s our error rate? How often do we need to do error correction?

Most metrics today focus on single qubits or a few qubits, as quantum computers are still rather small. It still takes an unbelievable amount of time to measure and calibrate or tune qubits, which is possible for small qubit numbers but not at scale. We’ll need to evolve our measurement and calibration protocols for scaling. And we need measures that are industrially relevant and doable. So, besides fidelity at scale, there are various other metrics one should keep in mind, such as the ones that have been proposed in the literature:

Computation speed: to compensate for low coherence time, gate operations should occur fast enough to make complex computations

Multiqubit networking: the more qubits can be linked to one another to perform gate operations, the more readily they can implement quantum computing algorithms and the more powerful the resulting quantum computer would be

Control over individual qubits at scale: as the number of qubits in a quantum computing system increases, control over the performance of individual qubits becomes increasingly complex

Cooling and environmental control: for most qubit technologies, the required cooling equipment needs to scale in terms of both size and power 

Manufacturing: some qubit designs use existing production technology, while others require new manufacturing techniques. The production of full-scale quantum computers will eventually require automated manufacturing and testing for components

The quantum computing industry creates and adapts metrics as it develops further. For example, IBM introduced quantum volume as a metric to measure the computational power of a quantum processor, considering the largest random quantum circuit involving an equal number of qubits and operations that a quantum computer can successfully run.

Rather than just considering the number of qubits, it also accounts for other factors such as their interconnectedness, error rates, and coherence times. But it doesn’t describe computational power across multiple quantum chips well. As manufacturers like IBM hit the ceiling on how many superconducting qubits they can pack in a single chip with a reasonably sized dilution refrigerator, they need to develop new metrics that are a better fit for multicore quantum computers and distributed across many dilution refrigerators.

Having all of these metrics can confuse end-users, the buyers of quantum computers or cloud users, as they only care about what solves their industry problems in a commercially viable way. That’s why quantum hardware manufacturers should focus not only on the fundamental metrics of their machines but also on what is relevant to solving practical problems and individual use cases.

When Should You Scale the Number of Qubits?

The billion-dollar question is when to transition from small quantum machines to building large-scale machines. An important consideration here is how many actual, physical qubits you need to get one ideal, logical qubit. The quantum industry has come from a ratio of 1000 to 1 down to about 100 to 1, while some players promise even a 12 to 1 ratio of physical to logical qubits.

Recommended by LinkedIn

The fewer physical qubits you must sacrifice to get a logical qubit, the better. However, some industry players seem to obsess about pushing the fidelity of their machines for small qubit numbers, while we think that even with 98% fidelity, you can make up for it in the volume of qubits. You don’t need six nines of fidelity if you get to the point where you have a sufficiently large number of physical qubits to implement logical qubits.

Spin qubits are still early, but their moment to shine will come when scaling the number of interconnected qubits in a quantum processor. Hardware manufacturers will continue to demonstrate small machines with improved metrics for some time, while end users will keep asking: When will a quantum computer solve commercially relevant problems?

Ultimately, to solve commercially relevant problems, we’ll need large-scale quantum computers. We see silicon as the only platform where quantum processors can scale to billions of qubits. The semiconductor industry has demonstrated this before with transistors; we’ll make it happen again with qubits. And this will also allow us to package classical control electronics and the qubits on the same silicon chip.

How Does SemiQon Do Wafer-Scale Testing?

As the number of qubits grows, we’ll also need different measurement protocols to ensure uniform and high performance from chip to chip. The semiconductor industry has already established such standards, and we’re open to working with partner companies to do the same for the quantum industry. We can help each other create standard industry protocols—from testing single qubits to wafer-scale testing.

When a wafer comes from the fab, we get thousands of chips. We then do wafer probing at room temperature, measuring the quantum dot performance and their potential to form excellent qubits—that’s the first iteration to eliminate malfunctioning chips.

Next, the ideal step would be to cool the wafer to cryogenic temperatures and perform the same characterization. At low temperatures, quantum phenomena, such as single-charge effects, can be observed and measured. Intel has demonstrated this capability in a recent scientific article, which is a significant step in the right direction. Our collaboration partner, the University of Basel, has also developed this capability independently.

Finally, we dice the samples to get individual chips, pick a random set of pre-screened chips, and perform benchmarks on metrics like charge noise, pinch-offs, or transistor behavior—quick, cryogenic measurements. We measure a statistically representative subset of all chips and then extrapolate from there, having enough confidence that the other chips will also be great.

We then ship these as samples to collaborators, researchers who do the same measurements as we did, to reproduce the results. This takes time, and there’s no way to get around thoroughly testing the chips. Different labs have different processes and equipment, so if they can reproduce the same results despite these variations, we know our chips can work everywhere in the same way.

Thus, we’re creating a benchmark for quantum processor performance: Distributing our chips widely among collaborators will ensure that many have measured them and will have the performance of our chips available as a benchmark.

We have shipped chips already to researchers at the University of Basel, Seoul National University, Taiwan National University, and the University of Jyväskylä in Finland. And we’re going to send more samples and are thrilled to collaborate with more research groups.

This was the first of a series of conversations that we will have with SemiQon, and we will continue further in the next edition. Stay tuned!

*Sponsored post—we greatly appreciate the support from SemiQon

This development work at SemiQon was funded by the European Union’s Horizon EIC programme under grant agreement No. 101136793 (SCALLOP)

I'd make it quite simple.

Class (B2B/B2C)
B2B
Ingest Status
Rewritten
Dedupe hash
0eddca728fae485ad6b75cb8f46e9786
Press Eligible
Yes
Press Eligible Reason
Manuelle Prüfung nötig. Risiko: MEDIUM. Flags: ['numbers']. Stichprobe: False
Source Name
GlobalFoundries Newsroom
Image URL
https://media.licdn.com/dms/image/v2/D5612AQGzuh-yjptOOg/article-cover_image-shrink_720_1280/article-cover_image-shrink_720_1280/0/1721179483503?e=2147483647&v=beta&t=X1-LHRbR1F12qqhNmsm3ZfmIajxAUi0jm01bOA9Hhvk
Content Hash (SHA-256, erste 32 hex)
50c4a3c9cae61ff7fcba6f8cd2a0d34b
Quantum reality check: meet the 11 teams taking on DARPA’s big challenge
Image File
Original HTML

Quantum reality check: meet the 11 teams taking on DARPA’s big challenge

In last week’s newsletter, my colleague Joshua Tall wrote about Google’s latest claim of achieving verifiable quantum advantage. Google’s technology is both impressive and promising, but even with such headline-grabbing news it can still be hard to judge how close we really are to a commercially viable quantum computer. Enter DARPA, the U.S. Defense Advanced Research Projects Agency, which has just announced eleven companies advancing to Stage B of its Quantum Benchmarking Initiative (QBI).

Launched in 2024, the QBI is a program designed to answer one very big question: can we build a truly useful quantum computer by 2033? It’s essentially a rigorous “reality check” on quantum computing: it puts different quantum tech approaches under the microscope to verify whether any of them can achieve utility-scale performance on an economically sensible timeline. The program is not a winner-takes-all competition; multiple teams can succeed in parallel (or none at all). Instead, the focus is on objectively vetting each approach on its own merits.

Stage A saw nearly 20 quantum companies selected to propose fault-tolerant architectures that could realistically be built within a decade and deliver net value. Over six months, DARPA worked closely with each team to rigorously test the feasibility of their concepts.

Stage B comes with funding and scrutiny, and for the selected teams, it’s a chance to prove their tech can go the distance. The Stage B companies, selected from a diverse pool of contenders, now have a year to lay out detailed R&D plans showing how their quantum architectures could scale up and deliver real-world value. The cohort spans everything from trapped ions and superconducting circuits to photonics, silicon spin qubits and neutral atom arrays — a clear signal that no single approach has won out yet.

🧲 Trapped-Ion Qubits

IonQ

– Uses trapped-ion qubits with high-fidelity gates and a scalable architecture. Advanced to Stage B because of its proven real-world performance and credible scaling roadmap.

Quantinuum

– Builds modular trapped-ion systems based on the QCCD (quantum charge-coupled device) architecture. Advanced to Stage B for having a mature roadmap and a de-risked path toward fault tolerance.

❄️ Superconducting Qubits

IBM

– Focuses on superconducting qubits using a modular, chip-linking design. Advanced to Stage B due to a validated fault-tolerant architecture and a detailed scaling plan.

Nord Quantique

– Works on bosonic error-correcting codes implemented in superconducting cavities. Advanced to Stage B for its unique and hardware-efficient approach to error correction.

💡 Photonic Quantum Computing

Photonic Inc.

– Develops silicon spin qubits connected through photonic interconnects. Advanced to Stage B for its distinctive distributed architecture that uses optical entanglement.

Xanadu

– Uses photonic qubits generated from squeezed light and controlled in optical circuits. Advanced to Stage B thanks to a credible, fault-tolerant photonic roadmap with defined execution milestones.

🔃 Silicon-Based Spin Qubits

Diraq

– Builds CMOS-compatible silicon spin qubits in quantum dots. Advanced to Stage B for offering the most scalable and cost-effective silicon-based design.

Quantum Motion

– Works on CMOS-based silicon spin qubits integrated with cryo-CMOS control electronics. Advanced to Stage B for providing a plausible pathway to a fully CMOS-compatible quantum chip.

Silicon Quantum Computing

– Creates atomically engineered donor qubits in silicon. Advanced to Stage B because of its atomic-precision fabrication and high algorithmic fidelity.

Recommended by LinkedIn

⚛️ Neutral Atom Arrays

Atom Computing

– Uses neutral atoms with long-lived nuclear spin qubits arranged in optical lattices. Advanced to Stage B for its high-coherence atomic arrays and credible scaling strategy.

QuEra Computing Inc.

– Develops neutral atoms trapped in optical tweezers with Rydberg interactions. Advanced to Stage B for its scalable, energy-efficient platform supported by a strong experimental foundation.

Going forward, success in Stage B will mean delivering a detailed, credible blueprint for a 2033-era quantum computer and demonstrating (via intermediate prototypes or simulations) that there are no critical obstacles left unaddressed. Crucially, DARPA’s support in Stage B includes independent verification and validation from expert teams, which will scrutinize whether the proposed performance targets and risk mitigations are realistic.

Those teams that satisfy the Stage B objectives will be invited into Stage C, where the real proof comes: building and testing the components and subsystems to show that the envisioned machine can actually be constructed and will perform as expected.

Through this next phase, the quantum community – and observers in government, industry, and academia – will gain much-needed insight into which quantum computing approaches are most likely to deliver a useful, fault-tolerant system within the next decade. The initiative provides a rigorous framework to separate “signal from noise” in quantum computing, holding each approach accountable to the ultimate benchmark: can it solve real problems at scale, and is it worth the cost?

As the QBI unfolds into maturity, the next year could be pivotal in shaping the future of quantum computing — and in showing which paths might actually lead us there.

Written by Josh Blunsden , Mewburn Ellis Patent Technical Assistant.

Subscribe to this newsletter to receive weekly insights into quantum tech, innovation and the IP shaping its future.

Learn more about our expertise in quantum technology on our spotlight page.

A nice overview, thank you!!!!! My money is on photonic QC or silicon-based QC. It feels terrible saying this in a year where the Nobel Prize in physics was awarded in relation to Josephson junctions. In any event, exciting times.

Class (B2B/B2C)
B2B
Ingest Status
Rewritten
Dedupe hash
c7104a1db55bd371337628cd76057b3b
Press Eligible
Yes
Press Eligible Reason
Manuelle Prüfung nötig. Risiko: MEDIUM. Flags: ['numbers']. Stichprobe: False
Source Name
GlobalFoundries Newsroom
Image URL
https://media.licdn.com/dms/image/v2/D4E12AQFui7-JqUQb2Q/article-cover_image-shrink_720_1280/B4EZpe2ZE0J0AI-/0/1762527915887?e=2147483647&v=beta&t=Pv1SuiohRaBony9oaffq0HEGcfuPGHoZJCDYd4kdDYU
Content Hash (SHA-256, erste 32 hex)
85ce7bbf15f741828e834d95fc3e07c7