UK & AU Stock Market Today: Live Updates 03.06.2026
LIVEMarkets rolling coverageStarted: June 3, 2026, 4:00 AM EDTUpdated: June 4, 2026, 3:55 AM EDT Archer Advances Quantum Machine Learning in Fraud Detection on Quantum Hardware June 4, 2026, 3:55 AM EDT. Archer Materials (ASX: AXE) completed a key phase of its quantum machine learning (QML) project to detect financial fraud using a quantum neural network (QNN). Tested on a public dataset, the QNN matched top classical models, identifying 118 fraudulent transactions with just one false positive on a qubit simulator. The model was also validated on IQM Garnet, a 20-qubit commercial quantum computer via AWS Braket, detecting 18 of