IBM Debuts Qiskit Runtime for Quantum Computing; Reports Dramatic Speed-up

IBM Quantum System One from site
In conjunction with its virtual Think event, IBM today introduced an enhanced Qiskit Runtime Software for quantum computing, which it says demonstrated 120x speedup in simulating molecules. Qiskit is IBM’s quantum software development platform; the new containerized runtime software runs in the IBM Cloud where it leverages IBM classical hardware and proximity to IBM quantum processors to accelerate performance. An IBM blog by researchers Blake Johnson and Ismael Faro said, “Last fall, we made the ambitious promise to demonstrate a 100x speedup of quantum workloads in our IBM Quantum roadmap for scaling quantum technology. Today, we’re pleased to announce that we didn’t just meet that goal; we beat it. The team demonstrated a 120x speedup in simulating molecules thanks to a host of improvements, including the ability to run quantum programs...