EdgeTI Advances Quantum Computing with Its Innovative Digital Twin Platform

Rhea-AI Summary

Edge Total Intelligence (TSXV: CTRL, OTCQB: UNFYF) announces its potential to advance quantum computing through its digital twin platform integration. The announcement follows Google's recent blog post about their new quantum computing chip, Willow, which reportedly can perform computations in under five minutes that would take current supercomputers 10 septillion years. The company's edgeCore™ digital twin platform aims to enhance operational efficiency and enable real-time simulations and predictive analytics by leveraging quantum systems capabilities.

Positive

• Strategic positioning in quantum computing integration
• Potential for breakthrough advances in operational efficiency
• Technology alignment with major industry developments (Google's Willow)

Negative

• No concrete implementation timeline provided
• No specific revenue or business impact metrics mentioned

Arlington, Virginia--(Newsfile Corp. - December 18, 2024) - Edge Total Intelligence Inc. (TSXV: CTRL) (OTCQB: UNFYF) (FSE: Q5I) ("edgeTI", "Company"), a leading provider of real-time Digital Twin software that enables and safeguards AI adoption, announces that quantum computing can be advanced by using digital twin platforms to enable their adoption and use.

Today's announcement comes on the heels of a Google blog posted December 9 regarding a new Quantum computing chip called Willow. According to Hartmut Neven, Founder and Lead, Google Quantum AI, he states in his blog, "Willow's performance on this benchmark is astonishing: It performed a computation in under five minutes that would take one of today's fastest supercomputers 10²⁵ or 10 septillion years."

"As we continue to innovate at Edge Total Intelligence, the intersection of quantum computing and our edgeCore™ digital twin platform represents a tremendous opportunity to deliver breakthrough advances in operations for many industries. By leveraging the unique properties of quantum systems and our platform, we can enhance the accuracy and efficiency of our customer's business operations - achieving real-time simulations and predictive analytics that were previously unattainable. This synergy not only optimizes operational processes but also sets a new standard in the industry for what digital twins can achieve in the realm of quantum computing."

About edgeTI

edgeTI helps customers sustain situational awareness and accelerate action with its real-time digital operations software, edgeCore™ that unites multiple software applications and data sources into one immersive experience. Global enterprises, service providers, and governments are more profitable when insight and action are united to deliver fluid experiences via the platform's low-code development capability and composable operations. With edgeCore, customers can improve their margins and agility by rapidly transforming their siloed systems and data across continuously evolving situations in business, technology, and cross-domain operations - helping them achieve the impossible.

Website: https://ir.edgeti.com/
LinkedIn: www.linkedin.com/company/edgeti
YouTube: www.youtube.com/user/edgetechnologies

For more information, please contact:

Nick Brigman, Corporate Secretary
Phone: 888-771-3343
Email: ir@edgeti.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information and Statements

Certain statements in this news release are forward-looking statements or information for the purposes of applicable Canadian and US securities law. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, business, economic and capital market conditions.

Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the demand for its products, anticipated costs, and the ability to achieve goals. Factors that could cause the actual results to differ materially from those in forward-looking statements include the continued availability of capital and financing, the impact of viruses and diseases on the Company's ability to operate, competition and general economic, and market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information. The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/234282

FAQ

How does EdgeTI's digital twin platform plan to integrate with quantum computing?

EdgeTI's edgeCore™ platform aims to leverage quantum systems for enhanced real-time simulations and predictive analytics, enabling more accurate and efficient business operations.

What is the significance of Google's Willow chip announcement for UNFYF stock?

The announcement positions UNFYF to potentially benefit from quantum computing advancements, as their digital twin platform could complement and enable quantum computing adoption.

What are the potential operational benefits of EdgeTI's quantum computing integration?

The integration aims to enhance operational efficiency through improved real-time simulations and predictive analytics capabilities that were previously unattainable.

When will UNFYF implement its quantum computing capabilities?

The press release does not specify a timeline for the implementation of quantum computing capabilities in EdgeTI's platform.