Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Cisco shows quantum networking chip, opens new lab 
    Headlines

    Cisco shows quantum networking chip, opens new lab 

    Cisco shows quantum networking chip, opens new lab 

    Published by Global Banking and Finance Review

    Posted on May 6, 2025

    Featured image for article about Headlines

    By Stephen Nellis

    SAN FRANCISCO (Reuters) -Cisco Systems on Tuesday showed a prototype chip for networking quantum computers together and said it is opening a new lab in Santa Monica, California, to further pursue quantum computing.

    The chip uses some of the same technology as current networking chips and would help link together smaller quantum computers into larger systems. But Cisco also believes it will have practical applications before those computers become mainstream, such as helping financial firms sync up the timing of trades or helping scientists detect meteorites.

    "There are a whole bunch of use cases," Vijoy Pandey, senior vice president of Cisco's Outshift innovation incubator, told Reuters. "You need to synchronize clocks and the timestamps on all of these snapshots that are taking place from across the globe."

    Cisco is the latest mainstream tech firm to jump into quantum computing.

    Alphabet's Google, Microsoft and Amazon have all announced quantum computing chips in recent months, and Nvidia plans to open its own quantum computing lab. Startups such as PsiQuantum are also raising hundreds of millions of dollars to build systems.

    While those firms all vie to create more and more "qubits" - the fundamental unit of quantum computers - Cisco is working to link them up. The company says its chip, which it developed with researchers from the University of California Santa Barbara, works by causing quantum entanglement in pairs of photons, and then sending one of the pair to two separate quantum computers.

    For a short time, Cisco says, the quantum computers can use those entangled photons to communicate instantaneously, no matter how far apart they are - a phenomenon of quantum physics that Albert Einstein referred to as "spooky action at a distance."

    Pandey emphasized that Cisco does not yet have a timeline for when the chip will generate revenue and that the chip is only a prototype. 

    "To build out that quantum network, the first building block that you need is an entanglement chip," Pandey said. "Here's the first building block of that."

    (Reporting by Stephen Nellis in San FranciscoEditing by Marguerita Choy)

    Related Posts
    App developers urge EU action on Apple fee practices
    App developers urge EU action on Apple fee practices
    Luxury goods company Kering and Ardian finalise New York property deal
    Luxury goods company Kering and Ardian finalise New York property deal
    EU weighs scheme to allow combustion-engine vehicles after 2035, Handelsblatt reports
    EU weighs scheme to allow combustion-engine vehicles after 2035, Handelsblatt reports
    Antisemitism allowed to fester in Australia, says daughter of wounded Holocaust survivor
    Antisemitism allowed to fester in Australia, says daughter of wounded Holocaust survivor
    Human‑wave attacks and drones: How Myanmar's junta is fighting back
    Human‑wave attacks and drones: How Myanmar's junta is fighting back
    EU to relent on combustion engines ban after auto industry pressure
    EU to relent on combustion engines ban after auto industry pressure
    US suspends technology deal with Britain, FT reports
    US suspends technology deal with Britain, FT reports
    Taiwan's global credibility on the line with disputed laws, president says
    Taiwan's global credibility on the line with disputed laws, president says
    Trump sues the BBC for defamation over editing of January 6 speech, seeks up to $10 billion in damages
    Trump sues the BBC for defamation over editing of January 6 speech, seeks up to $10 billion in damages
    Europe to launch international commission for Ukraine war damages
    Europe to launch international commission for Ukraine war damages
    South Korea's ADEL signs up to $1.04 billion Alzheimer's drug development deal with Sanofi
    South Korea's ADEL signs up to $1.04 billion Alzheimer's drug development deal with Sanofi
    'Battlefield' maker EA forecasts softer 2026 bookings amid slow spending, crowded holiday slate
    'Battlefield' maker EA forecasts softer 2026 bookings amid slow spending, crowded holiday slate

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Headlines PostUS, China to hold ice-breaker trade talks in Geneva on Saturday
    Next Headlines PostRussia says it downs dozens of Ukrainian drones over Moscow, other areas

    More from Headlines

    Explore more articles in the Headlines category

    Britain clinches upgraded South Korea trade deal

    Britain clinches upgraded South Korea trade deal

    Bondi gunmen were inspired by Islamic State, had travelled to the Philippines, Australia police say

    Bondi gunmen were inspired by Islamic State, had travelled to the Philippines, Australia police say

    Belarus' Lukashenko says Venezuelan President Maduro is welcome to move to Belarus

    Belarus' Lukashenko says Venezuelan President Maduro is welcome to move to Belarus

    Trump says lawsuit against BBC likely to be filed soon

    Trump says lawsuit against BBC likely to be filed soon

    German parliament suffers suspected cyberattack during Zelenskiy’s visit, FT reports

    German parliament suffers suspected cyberattack during Zelenskiy’s visit, FT reports

    European leaders agree Ukraine security guarantees should include European-led peacekeeping force

    European leaders agree Ukraine security guarantees should include European-led peacekeeping force

    UK military chief urges Britain to better prepare for Russia threat

    UK military chief urges Britain to better prepare for Russia threat

    Ukraine says underwater drones hit submarine, but Moscow denies damage

    Ukraine says underwater drones hit submarine, but Moscow denies damage

    Serbia's prosecutor files to indict minister in connection with Kushner project

    Serbia's prosecutor files to indict minister in connection with Kushner project

    French court jails Congo ex-rebel leader for 30 years

    French court jails Congo ex-rebel leader for 30 years

    Italy's Caltagirone group strengthens governance procedure over Generali, MPS stakes

    Italy's Caltagirone group strengthens governance procedure over Generali, MPS stakes

    France says cattle disease under control as farm protests continue

    France says cattle disease under control as farm protests continue

    View All Headlines Posts