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How Can Quantum Computing Improve the Construction of Complex Insurance Portfolios? An Experiment Between Allstate and IBM

Quantum Computing

How Can Quantum Computing Improve the Construction of Complex Insurance Portfolios? An Experiment Between Allstate and IBM

Allstate and IBM are investigating the use of an approach that combines quantum and classical computing to select home insurance portfolios, where potential losses are linked to disasters affecting broad areas at the same time. Experiments showed that the quantum-classical approach remained competitive with traditional optimization methods, but it has not yet reached the stage of handling sizes at which conventional exact solutions become infeasible.

2026-08-15

Tesla Electric Launches Powerwall Leasing for Full-Home Backup for About $35 per Month in Texas

Energy and Green Technologies

Tesla Electric Launches Powerwall Leasing for Full-Home Backup for About $35 per Month in Texas

Tesla Energy has announced the Powerwall Lease program, which includes two Powerwall batteries and Tesla Electric service in a single subscription, reducing the effective first-year cost to about $35 per month after a monthly credit is applied. The offer is available in select areas of Texas, but requires customers to remain enrolled in Tesla Electric and grant Tesla permission to use the batteries as part of a virtual power plant.

2026-08-13

Senseonics Completes Transfer of Eversense 365 Sales to Internal Management and Plans Fully Implantable Sensor

Medical Technologies

Senseonics Completes Transfer of Eversense 365 Sales to Internal Management and Plans Fully Implantable Sensor

Senseonics has completed the transfer of marketing and sales operations for the Eversense 365 continuous glucose monitor from Ascensia Diabetes Care to its internal teams in the United States and Europe, coinciding with record revenue of $14.5 million in the second quarter. The company is developing a fully implantable version of the sensor capable of communicating directly with a phone for one year.

2026-08-13