Tata, IBM to set up India’s largest quantum computer in Andhra Pradesh

By: coin geek|2025/05/16 17:15:05
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The provincial government of Andhra Pradesh in southern India has partnered with technology giants Tata Consultancy Services (TCS) and IBM ( NASDAQ: IBM ) to advance the country’s quantum technology sector. This collaboration is part of the government’s initiative—the Quantum Valley Tech Park—which is currently under construction in the state’s capital city, Amaravati . At the heart of the technology park will be an IBM Quantum System Two, featuring a 156-qubit Heron processor, making it India’s most powerful quantum computer. TCS will work alongside IBM to develop cutting-edge algorithms and applications to address complex challenges across the industry and academia. Through this initiative, the government of Andhra Pradesh, IBM, and TCS aim to fast-track the growth of the local quantum ecosystem. “India’s National Quantum Mission is to make India a global hub in the quantum industry. Andhra Pradesh is set to lead the global quantum revolution, becoming the first state in the world to envision a dedicated Quantum Valley as the foundation of its future economy,” N. Chandrababu Naidu, Chief Minister of Andhra Pradesh, said in a statement . “With quantum computing poised to transform every major sector in the next 25 years, the state aims to be a first mover in harnessing this emerging frontier. With IBM, TCS, L&T (Larsen & Toubro) and other members, the Quantum Valley Technology Park represents how India’s industry and academia will soon be able to take an important step forward in accelerating the achievement of our mission’s goals,” Naidu added. Andhra Pradesh is one of India’s most forward-looking and innovation-focused states, often called the “ Sunrise State .” The state is progressing strongly in emerging fields like quantum technology, artificial intelligence (AI), green energy, and advanced manufacturing. Thanks to its business-friendly environment, skilled workforce, and growing innovation ecosystem, Andhra Pradesh continues to attract significant investments from both within India and abroad, solidifying its role in the country’s development. The government of Andhra Pradesh aims to build a dynamic quantum technology hub that integrates advanced research, real-time access to quantum computing systems , and practical industry use cases. Through this comprehensive approach, the state seeks to generate highly skilled employment opportunities, position itself as a magnet for world-class talent, and become an attractive destination for international investment in emerging technologies . The National Quantum Mission (NQM), backed by a budget of about $735 million, aims to position India as a global leader in quantum research and innovation. Approved by the Union Cabinet on April 19, 2023, the mission will be implemented over eight years, from 2023–2024 through 2030–2031, reflecting the government’s commitment to embrace cutting-edge technological advancements. Jay Gambetta, Vice President of IBM Quantum, said: “We are excited about our plans with the state of Andhra Pradesh to deploy our latest IBM Quantum System Two at the Quantum Valley Tech Park. Our collaboration with TCS will help attract the country’s thriving ecosystem of developers, scientists, and industry experts to develop algorithms and applications. Combining this with India’s National Quantum Mission, we could see an acceleration of the next critical milestone–a successful demonstration of quantum advantage.” Members of the Quantum Valley Tech Park will have the opportunity to collaborate with TCS to gain access to IBM’s cloud-based quantum computing systems. Upon completion, the tech park will feature access to the IBM Quantum System Two, equipped with IBM’s state-of-the-art 156-qubit Heron processor, according to the statement. Through this partnership, TCS will play a central role in advancing applied research and innovation in India by creating quantum computing use cases across diverse sectors, including life sciences, materials science, supply chain resilience, energy efficiency, cryptography, and sustainable manufacturing. The initiative aims to develop real-world applications where quantum computing can offer a significant advantage over traditional methods. TCS’s involvement in the Quantum Valley Tech Park will provide its researchers, along with experts from Indian industries and academic institutions, access to IBM’s quantum systems and tools, enabling collaborative exploration of cutting-edge solutions. Watch: ‘Disruptive’ blockchain can be useful for India

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On March 4, 2026, DDC Enterprise Limited (NYSE American: DDC) today announced preliminary, unaudited full-year financial performance for the year ended December 31, 2025. The company expects to achieve record revenue and record positive adjusted EBITDA, primarily driven by continued growth in its core consumer food business and overall margin improvement. The final audited financial report is expected to be released in mid-April 2026.


2025 Full-Year Financial Highlights


Revenue: Expected to be between $39 million and $41 million, reaching a new company high.


Organic Growth: Excluding the impact of the company's strategic contraction of its U.S. operations, core revenue is expected to grow 11% to 17% year over year.


Gross Profit Margin: Expected to be between 28% and 30%, reflecting continued operational efficiency improvements.


Adjusted EBITDA: The company expects to achieve a positive full-year result in 2025, a significant improvement from a $3.5 million loss in 2024, mainly due to rigorous cost controls and a higher-margin sales mix.


Core Consumer Food Business Performance


In 2025, DDC's core consumer food business maintained strong operational performance.


The company also disclosed Core Consumer Food Business Adjusted EBITDA, a metric that further excludes costs related to its Bitcoin reserve strategy and non-cash fair value adjustments related to its Bitcoin holdings from adjusted EBITDA to more accurately reflect the core business performance.


In 2025, Core Consumer Food Business Adjusted EBITDA is expected to be between $5.5 million and $6 million.


Bitcoin Reserve Update


In the first half of 2025, DDC initiated a long-term Bitcoin accumulation strategy, holding Bitcoin as its primary reserve asset.


As of December 31, 2025: The company holds 1,183 BTC.


As of February 28, 2026: Holdings increased to 2,118 BTC


Today's additional purchase of 65 BTC brings the company's total holdings to 2,183 BTC


DDC Founder, Chairman, and CEO Norma Chu stated, "We are proud to have closed 2025 with record revenue and positive adjusted EBITDA, demonstrating the steady growth of the company's consumer food business and the ongoing improvement in profitability. We are building a disciplined, growth-oriented food platform and strategically allocating capital to Bitcoin assets with a long-term view, aligning with our core beliefs. We believe that this dual-track model of 'Steady Consumer Business + Strategic Bitcoin Reserve' will help DDC create lasting long-term value for shareholders."


Adjusted EBITDA Definition
For the full year 2025, the company defines "Adjusted EBITDA" (a non-GAAP financial measure) as: Net income / (loss) excluding the following items:· Interest expense· Taxes· Foreign exchange gains/losses· Long-lived asset impairment· Depreciation and amortization· Non-cash fair value changes related to financial instruments (including Bitcoin holdings)· Stock-based compensation


About DDC Enterprise Limited


DDC Enterprise Limited (NYSE: DDC) is actively implementing its corporate Bitcoin Treasury strategy while continuing to strengthen its position as a leading global Asian food platform.


The company has established Bitcoin as a core reserve asset and is executing a prudent, long-oriented accumulation strategy. While expanding its portfolio of food brands, DDC is gradually becoming one of the public company pioneers in integrating Bitcoin into its corporate financial architecture.


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