Ted Varrick

Husband, Father, Student of financial History RT ≠ endorsement

[4FIRE @netcreat]

Huge respect to Min Ye, Andy Maksymov, and Nicolas Delfosse for this remarkable achievement.

Real-time decoding of a universal FTQC workload spanning up to 408 logical qubits, 11,680 physical qubits, and one million T gates — including logical operations, magic-state factories, and on-the-fly error-model generation — all on a single conventional CPU.

This is not just a faster decoder. It is an end-to-end demonstration that classical decoding can keep pace with a MegaQuOp-scale trapped-ion quantum computer.

An outstanding piece of work. Congratulations to the team. 👏

Goodbye FPGA?

[IonQ @IonQ_Inc]

The U.S. Space Development Agency @SemperCitiusSDA has completed multiple further deployments of Skyloom optical communication terminals (OCTs), building toward completion of its Tranche 1 Proliferated Warfighter Space Architecture Transport Layer constellation.

Dozens more of our OCTs are successfully on orbit for PWSA aboard @YorkSpaceSystem satellites, representing one of the largest operational lasercomm payload footprints in low-Earth orbit.

“This milestone reflects years of focused industrialization and our commitment to strengthening the nation’s space-based communications infrastructure,” according to President of Quantum Platform @jordan_shapiro.

The OCT-equipped satellites launched last month aboard a @SpaceX Falcon 9 rocket from Vandenberg Space Force Base, California.

Read the announcement → https://t.co/8sMCmGrIEL

#IonQ #QuantumIsNow #QuantumNetworking Photos by #SpaceX

[Carnivore Aurelius ©🥩 ☀️🦙 @AlpacaAurelius]

PSA: cheese protects against and DETOXES microplastics and BPA

miracle food

[Stony Brook University @stonybrooku]

Today, SBU and @BrookhavenLab demonstrated a wireless quantum link, transmitting quantum information through open air across 13 miles.

This first U.S. demonstration of its kind marks a milestone for quantum networking beyond fiber-optic cables.

See more: https://t.co/RsUAWeMGvQ

[Nicholas Mugalli @RealNickMugalli]

As Treasury Sec Bessent talks following the Treasury’s debt buyback announcement. Here’s a must watch rare interview of his investment philosophy. If you’re bearish, I get why you’d be but please know that Scott & Trump arent ideological they will never allow it to fail. The printer is on…you don’t want to be on the wrong side of the printer. Just a matter of time before the Fed follow suit, $8.8T of MMF is ready to be injected into the “risky” assets. Limit up

[Ted Varrick @TedVarrick01]

Army wants fast AI cybersecurity agents that won’t run up token costs or create new vulnerabilities | DefenseScoop https://t.co/V1Ruzg1sLY

[Ted Varrick @TedVarrick01]

DIU tries to transition tech to the frontlines faster with launch of new Bridge Program | DefenseScoop https://t.co/9bADBcEcHd

[Nicholas Mugalli @RealNickMugalli]

The KOSPI ended the day lower as the Korean govt has announced first time retail investors need a 5-day/5-hour simulated trading mandate starting August 19 on top of a ₩30M (~$21K) cash deposit rule effectively locks out the retail wave that drove single stock derivative volumes.

A 92%+ trading volume collapse—from $8.82B down to $667M in days…

[Ted Varrick @TedVarrick01]

@netcreat Excellent post. I was reading about qunnect, ionq, & Qureka this morning

[Ming @tslaming]

https://t.co/yJ1I994qxH

[OpenSnow @OpenSnow]

2026-2027 Winter Forecast Preview

[Ted Varrick @TedVarrick01]

@DesFrontierTech When you look at how machine learning and medical images are being used in biology and oncology you can see the value it would have in defense image systems.

[Ted Varrick @TedVarrick01]

@TechInnovationz @IonQ_Inc Great summary interview.

[Ted Varrick @TedVarrick01]

@paullecoque Looks like a great trip enjoy you deserve it.

[Ted Varrick @TedVarrick01]

@mitchellvii No this is a ledger of theft by politicians who claim to represent the very people it was stolen from.

[Rick @Rick101284]

$IonQ Chris Monroe calls IonQ a beast following Skywater acquistion. He also notes:

1. Hes dedicated his entire career to trapped-ions, but would switch modalities if he believed another one was more promising.

2. Thinks neutral atoms have promise in addition ions. Notes neutral atoms get weaker gates than trapped ions as they scale which limits functionality.

3. Doesnt see superconducting systems scaling. Thinks google willow and other large players are on the wrong path and responsible for alot of hype.

When asked about scaling via connected systems, he said we know how to do it, its just to expensive right now for most customers.

https://t.co/kVAMoxvDlc

[Hedgie @HedgieMarkets]

🦔A Wall Street Journal analysis published Wednesday found that U.S. life insurers hold $40 billion in bonds graded by Egan-Jones Ratings, a small firm the WSJ found grades bonds one to three notches higher than peer agencies. Egan-Jones is facing an SEC probe and a lawsuit from former employees who say they were pressured to inflate grades. Bermuda's regulator dropped the firm from its approved list in January. The largest holders include TIAA, Mass Mutual, and insurance companies controlled by Dodgers owner Mark Walter, whose debt is tied to a $16 billion federal fraud investigation.

My Take
Anyone who saw The Big Short will recognize what is happening here. Rating agencies get paid by the bond issuers whose debt they grade, insurance companies use those grades to determine how much money they set aside in reserves, and inflated grades mean insurance companies are undercapitalized against the bonds they hold. Moody's and S&P ran this playbook with mortgage bonds and everyone still remembers how that ended. Egan-Jones is doing the same thing with private credit right now, and most Americans have annuity money or pension money that touches this debt without their knowledge.

Federal investigators are already tracing $16 billion in loans that moved through third parties before reaching the books of insurance companies Mark Walter controls, and Egan-Jones graded most of that debt. If investigators confirm the loans were mislabeled to hide his affiliation, the reserves shrink, and the policyholders who paid premiums for decades learn that Mark Walter's TV broadcasting company was sitting behind their retirement all along. The SEC has known about this pattern since 2023 and Egan-Jones keeps rating deals. Regulators typically move only after an insurance company collapses.

Hedgie🤗

[Edward Dowd @DowdEdward]

Add a third Private credit CEO “leaving” …Goldman Sachs PC Fund. That’s three in 8 weeks.

Troop movements indeed.

[Dray @drayinvests]

$GOOGL CEO IS TELLING YOU WHAT TO BUY NEXT

HE IS CALLING QUANTUM COMPUTING “WHERE AI WAS 5 YEARS AGO”

YOU CAN GET:

$IBM @ $235
$IONQ @ $40
$QBTS @ $20
$QUBT @ 9

ARE YOU GOING TO TAKE ADVANTAGE BEFORE IT TAKES OFF?

[Paul LeCoque @paullecoque]

$IONQ - Holy cow!

Signed Memorandum of Understanding with Anduril to Advance Quantum Technologies for Defense and National Security Applications and Develop Joint Proposals for Mission Critical Government and Commercial Bids