IBM has launched a novel processor that is optimized for a special application: finance. The new Telum processor is built for AI integration, which with the right software, can perform real-time analyses of financial transactions and stop fraud as it happens. IBM predicts that the technology will similarly be useful for real-time credit approval for online banking and transaction settlement with very little latency. The processor is built around eight 5 GHz cores and contains an incredible 22 billion transistors.A global team of university and industry researchers have discovered the root cause of a serious problem in the development of quantum computers: correlation. Detecting and correcting errors is a major roadblock in quantum computer development, and the team’s discovery that single errors can affect a large number of qubits simultaneously is a significant step forward in developing practical quantum computers. Just as significant is the discovery that a major source of these errors are cosmic rays, highly energetic and difficult to screen. Future quantum computers may require heavy radiation shielding for optimum performance.Access all episodes of This Week in Engineering on engineering.com TV along with all of our other series.