Search results for University of Cambridge
AI & Enterprise
AMD to build 2 AI supercomputers in UK, invest $2 billion over five years
AMD will invest $2 billion in Britain over the next five years to build artificial intelligence supercomputer infrastructure. The company said funds will go to AI research programmes and supercomputer construction, including a first system, Zenith, at the University of Cambridge. A second system, Sunrise, will be co-developed with the UK Atomic Energy Authority and designed for fusion research. CEO Lisa Su said the investment will improve access to computing resources for Britain’s “sovereign AI.”
Finance
Financial sector AI adoption hits 81 percent; profitability hinges on maturity and investment size
Artificial intelligence adoption in financial services has risen to 81 percent, indicating it has effectively become widespread, a survey found. Profitability and operational efficiency gains depended more on organisations\' AI maturity, the level of technological advancement and investment size than on adoption itself. Fintech firms advanced faster than traditional institutions. Machine learning led usage, with rapid uptake of generative AI and agentic AI. Data availability and quality emerged as the biggest bottlenecks.
Industry
Hepatitis D virus genome successfully encoded on quantum computer for first time
A full genome has been loaded onto a quantum computer for the first time, opening an early-stage test of whether quantum computing can handle large-scale genomic analysis. A joint team from the Wellcome Sanger Institute and the universities of Oxford, Cambridge and Melbourne encoded the hepatitis D virus genome, about 1,700 base pairs, onto IBM\'s 156-qubit Heron processor. The work focuses on compressing genetic information into quantum states and is seen as a proof of concept.
