Here’s how the CIA pushes on quantum computing with Sandbox AQ (Google)
The Central Intelligence Agency (CIA) has invested in Sandbox AQ, a spin-off of Google's software focused on the exploitation of artificial intelligence and quantum science. The article by Giuseppe Gagliano
In-Q-Tel, a Virginia- based venture capital firm backed by the Central Intelligence Agency (CIA) has invested in Sandbox AQ, a spin-off of Google's software focused on exploiting artificial intelligence and quantum science.
"The In-Q-Tel executives consider the company to be independent, despite the very close ties with the CIA and the fact that almost all investment decisions are handled by the spy agency," the Wall Street Journal explained in 2016. "For the CIA, a tied venture capital firm is a way to encourage and shape the development of technology without getting bogged down in red tape," the Journal added.
All the details on the latest investment by In-Q-Tel, the financial arm of the CIA.
WHAT SANDBOX AQ (GOOGLE) DOES
Founded in 2016, Sandbox AQ was spun off by Google of Alphabet Inc. earlier this month and is chaired by Eric Schmidt. Instead of creating its own quantum computer, Sandbox AQ seeks to develop a software architecture that can replace existing cryptography with complex new algorithms that are believed to be impossible for quantum computers to crack, a nascent technology that is not yet operationally viable.
THE INTEREST OF IN-Q-TEL (CIA)
Steve Bowsher, president of In-Q-Tel, said the goal of the shareholding was to develop new cryptographic software that could resist the prospect of code cracking by emerging quantum computing, as well as quantum sensors. and other products. In fact, Sandbox AQ has excellent collaborative relationships with the US intelligence agencies it works with, including the National Security Agency, the Federal Bureau of Investigation and the CIA.
ALL TECHNOLOGICAL INVESTMENTS
In-Q-Tel invests in around 30 companies per year. About 40-45% of the technologies of the 600 companies it has invested in since its inception in 1999 have been adopted by US intelligence agencies.
THE STRATEGY
It is possible that Sandbox AQ could come to dominate a market that would be worth tens of billions of dollars. The post-quantum crypto market will grow to $ 2.3 billion by 2026 and $ 7.6 billion by 2030. Sandbox AQ also has new partnerships with Ernst & Young and Deloitte to offer services to thousands of their customers. initially included an existing software inventory. Financial, pharmaceutical and telecom companies, which have some of the most sensitive data to protect, are likely to be at the forefront of efforts to create a new market in post-quantum cryptography.
Some in the private sector are already taking the plunge. New York's Mount Sinai Health System and its 7,000 physicians have become clients of Sandbox AQ Discovery Services. This will allow the healthcare company, which has a turnover of $ 9.3 billion annually, to review all the software it needs to update to prepare for post-quantum cryptography, before determining whether it will move forward with the transition.
This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/innovazione/ecco-come-la-cia-spinge-sul-calcolo-quantistico-con-sandbox-aq-google/ on Mon, 09 May 2022 05:21:15 +0000.