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Toshiba touts an algorithm that it says is faster than a supercomputer - but not a quantum computer | South China Morning Post
Toshiba has said it needs a partner to adopt the algorithm for real-world use, and financial firms have taken notice
It is a tantalising prospect for traders whose success often hinges on microseconds: a desktop PC algorithm that crunches market data faster than today’s most advanced supercomputers.
Japan’s Toshiba says it has the technology to make such rapid-fire calculations a reality – not quite quantum computing, but perhaps the next best thing. The claim is being met with a mix of intrigue and skepticism at financial firms in Tokyo and around the world.
Toshiba’s “Simulated Bifurcation Algorithm” is designed to harness the principles behind quantum computers without requiring the use of such machines, which currently have limited applications and can cost millions of dollars to build and keep near absolute zero temperature. Toshiba says its technology, which may also have uses outside finance, runs on PCs made from off-the-shelf components.
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Who's up for this? IBM? Samsung? Apple? Amazon? Stay tuned.
Toshiba has said it needs a partner to adopt the algorithm for real-world use, and financial firms have taken notice
It is a tantalising prospect for traders whose success often hinges on microseconds: a desktop PC algorithm that crunches market data faster than today’s most advanced supercomputers.
Japan’s Toshiba says it has the technology to make such rapid-fire calculations a reality – not quite quantum computing, but perhaps the next best thing. The claim is being met with a mix of intrigue and skepticism at financial firms in Tokyo and around the world.
Toshiba’s “Simulated Bifurcation Algorithm” is designed to harness the principles behind quantum computers without requiring the use of such machines, which currently have limited applications and can cost millions of dollars to build and keep near absolute zero temperature. Toshiba says its technology, which may also have uses outside finance, runs on PCs made from off-the-shelf components.
======================================================
Who's up for this? IBM? Samsung? Apple? Amazon? Stay tuned.
