AXE 2.38% 21.5¢ archer materials limited

What is happening, page-3097

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    Well from a 2021 announcement, Archer states they are working on Qauntum Algo's for Ai Applications and other tech for Ai consumer and enterprise segments.
    Pretty interesting.

    *Quantum algorithms for AI-driven 12CQ chip end-uses
    Highlights
    • Archer progresses quantum algorithm development for Artificial Intelligence
    (“AI”) applications of its 12CQ quantum computing processor chip (“12CQ chip”).
    • The Company is working on optimising Quantum Neural Networks, which could
    be relevant to consumer and enterprise-scale AI technology products.
    • AI is set to transform the productivity and GDP potential of global economies†.
    • AI is one of many future applications for the 12CQ chip, and Archer will explore
    other applications such as blockchain, space, autonomous cars and cybersecurity

 
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