20:12:14 EDT Fri 01 May 2026
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Two Hands expands AI plan into quantum software R&D

2026-05-01 16:56 ET - News Release

Mr. Ujjwal Roy repots

TWO HANDS CORPORATION EXPANDS ARTIFICIAL INTELLIGENCE INITIATIVE TO INCLUDE RESEARCH FOCUS ON AI AND QUANTUM COMPUTING

As part of the broader artificial intelligence initiative previously communicated by Two Hands Corp., it is expanding its AI strategy to include a dedicated software research and development focus area at the intersection of artificial intelligence and quantum computing. This focus area will be led by Ujjwal Roy, head of strategy at Two Hands (as previously announced by the company in its news release on Feb. 24, 2026).

Scope of the initiative

The company's focus area will be conducted on a software-only basis. The company does not intend to develop, manufacture or operate quantum computing hardware, and does not intend to invest in cryogenic systems, semiconductor fabrication facilities, clean rooms or dilution refrigerators. Instead, the company intends to access existing third-party quantum computing resources through commercially available cloud platforms.

Within this software-only scope, the company's planned areas of work include:

  • Development of AI agent and orchestration software designed to interface with third party quantum computing services;
  • Applied research on hybrid optimization techniques that combine classical machine-learning methods with access to third party quantum compute resources;
  • Internal prototype development to evaluate technical feasibility, performance and potential enterprise applications;
  • Recruitment of personnel with relevant software, machine learning and quantum information science expertise.

Rationale

The company believes that a software-only approach allows it to focus its capital and personnel on software development and applied research, rather than on capital-intensive hardware infrastructure. The initiative is intended to extend the artificial intelligence capabilities the company has previously disclosed by applying them to a software domain that the company believes is consistent with its existing technical and operational capabilities.

"This focus area is an extension of the artificial intelligence initiative the company has already announced," said Ujjwal Roy, head of strategy at Two Hands. "Our work will be conducted on a software-only basis and will concentrate on AI orchestration software, applied research, and internal prototype development. We intend to provide further updates as the initiative progresses."

Next steps and disclosure

The company intends to provide updates on the initiative through subsequent news releases and continuous disclosure filings as material developments occur, including in respect of personnel, technical milestones and any commercial arrangements. The company is not, at this time, providing specific timelines, revenue projections or comparisons to other companies in connection with the initiative.

About Two Hands Corp.

Two Hands is a diversified operating company. As previously announced, the company has adopted an artificial intelligence focused strategy. The initiative described in this release is an extension of that strategy.

About Ujjwal Roy

Mr. Roy is head of strategy at Two Hands. He is also founder and chief executive officer of ScaleBuild AI and president of the World AI Alliance, a global non-profit focused on responsible AI governance. His engineering background includes positions at Intel, Micron and IBM, complemented by Wall Street finance experience.

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