How Quantum Computing Will Help Solve Real-World Problems Much Faster

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Over the past couple of years, there has been a significant interest in Quantum Computing. It is one of the fast-emerging disruptive technology that can significantly impact many industries and societies. BCG estimates that quantum computing will touch $2-$5 billion by 2024, reaching $50 billion by the end of the decade. The technology is already witnessing exponential growth in its computing power as measured in "Quantum Volume" and is expected to grow further. The "quantum advantage" is likely to be realized in the next few years where real-world problems of consequence can be solved efficiently using a quantum computer that even the most giant supercomputer will not be able to achieve.  IBMPotential applications span multiple sectors including finance, healthcare, manufacturing to supply-chain and logistics. For...

Quantum Computing: Assessing the Risks

Quantum Computing Assessing the Risks
Encryption & Key Management , Next-Generation Technologies & Secure Development , Security Operations William Dixon of World Economic Forum on Improving Infrastructure Anna Delaney (annamadeline) • May 26, 2021     William Dixon, head of future networks and technology,...

CINECA and D-Wave Expand Access to Quantum Computing

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BOLOGNA, Italy and BURNABY, British Columbia, May 11, 2021 (GLOBE NEWSWIRE) -- CINECA, the Italian inter-university consortium and one of the world’s leading global supercomputing centers, and D-Wave Systems Inc., the leader in quantum computing systems, software, and services, today announced a formal collaboration to offer Italian universities, researchers, and developers expanded access to practical quantum computing technology and resources through D-Wave’s Leap™ quantum cloud service. CINECA, which is made up of 69 Italian universities, 25 national research institutions, the Ministry of Education, and the Ministry of Universities and Research, will benefit from expanded, real-time access to the Leap quantum cloud service. This access includes D-Wave’s hybrid quantum/classical solvers, which leverage both quantum solutions and...

Is IonQ Worth The Leap?

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Futuristc CPU processor and machine learning concept. 3D illustration getty Quantum computing is in its infancy; but with its long-term promise, this remains one of the most exciting potential investment markets of tomorrow. Two of today’s sharpest market observers – Matthew Castel of the Toronto-based Logos LP and Simon Erickson, founder and CEO of 7investing – look at the risk and reward of IonQ, soon to be the first NYSE-listed pure play in this emerging field. What was particularly exciting about this year's March technology selloff was the opportunity to evaluate smaller capitalization stocks set to benefit from significant structural changes in the economy trading at more reasonable prices. One such stock we purchased in the quarter is dmy Technology III (DMYI). This is a SPAC launched by dmy Technology Group Inc....

Quantum computing only five years away

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Security experts fear Quantum ApocalypseQuantum computing could be brought to bear on some of the most complex calculations in financial markets within five years, according to research jointly conducted by Goldman Sachs. Apparently, backers are using the imperfect quantum computers that are expected to be in use in the next few years, rather than wait for the much more powerful systems that are one day expected to bring a revolution in computing. The bank’s research, conducted with quantum start-up QC Ware, suggests that programmers looking to harness the machines could achieve practical results sooner in return for giving up some of the huge gains in performance that quantum systems promise. The work reflects a recent effort by companies investing in the field to search for “quantum advantage”, or a marginal practical improvement...

Introducing a New Generation of Signal Generators for Quantum Computing

Introducing a New Generation of Signal Generators for Quantum Computing
The continuous advancement of quantum computing has led to an ever-increasing need for supporting technologies. Figure 1. Image Credit: Zurich Instruments Ever since IBM announced a 65-qubit machine1 together with the software development kits and cloud access to quantum machines, the attractive potentials of various applications of quantum computing appear much more achievable than ever.2 But leveraging the power of a quantum computer implies the ability to control the qubits with the help of a signal generator. The signal generator helps program pulse sequences to serve as a control device that can modify a qubit’s state as required, which forms the basis for logical operations. To this end, Zurich Instruments has designed the SHFSG Signal Generator—the first-ever solution for qubit control available on the market. SHFSG Signal...

NEC, D-Wave and the Australian Department of Defence

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BURNABY, British Columbia, April 20, 2021 (GLOBE NEWSWIRE) -- NEC Australia and Quantum Computing firm D-Wave Systems Inc. (D-Wave) are proud to have been selected by the Australian Department of Defence to demonstrate the use of hybrid quantum computing technology to solve a “last mile resupply” problem. The technology optimises how autonomous vehicles are used to resupply army forces from a central base. NEC Australia and D-Wave were selected via a competitive proposal process. NEC and D-Wave entered into an agreement in November 2019 to accelerate the use of quantum computing by working with customers to develop applications. This is NEC’s first quantum computing application use-case developed outside Japan. NEC Australia is a highly-experienced enterprise Managed Services company, with expertise in working across State, Federal...

QCI Expands Sales and Marketing Team to Accelerate Growth

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LEESBURG, Va., April 06, 2021 (GLOBE NEWSWIRE) -- Quantum Computing Inc. (OTCQB: QUBT) (QCI), a leader in bridging the power of classical and quantum computing, has expanded its executive team with sales and marketing leaders that position the company for immediate and long-term growth. QCI named iconic tech sales leader, Dave Morris, as its chief revenue officer, and tech marketing veteran Rebel Brown as vice president of marketing. With these hires, the company plans to accelerate the integration of quantum into enterprise problem solving, an effort that’s already well underway. “It is extremely validating for QCI’s business model to attract such accomplished professionals leading our sales and marketing efforts,” said Robert Liscouski, CEO of QCI. “Both bring a wealth of experience with the world’s largest computing companies and...

Optical Fiber Brings Universal Quantum Computing Closer | Research & Technology | Mar 2021

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GAITHERSBURG, Md., March 25, 2021 — Physicists at the National Institute of Standards and Technology (NIST) measured and controlled a superconducting qubit using optical fiber rather than metal electrical wires. The work paves the way to being able to pack a million qubits into a quantum computer rather than just a few thousand and introduces the possibility of a universal quantum computer capable of solving the most difficult equations. Superconducting circuits are a leading technology for making quantum computers because they are reliable and easily mass produced. But these circuits must operate at cryogenic temperatures, and schemes for wiring them to room-temperature electronics are complex and prone to overheating the qubits. Conventional cryostats — supercold dilution refrigerators — with metal wiring can support only thousands of...

Zapata Computing and KAUST Partner to Bring Quantum

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BOSTON, March 23, 2021 (GLOBE NEWSWIRE) -- Zapata Computing, Inc., the leading enterprise software company for NISQ-based quantum applications, today announced a new partnership with Middle East-based King Abdullah University of Science and Technology (KAUST) to be a licensed user of Zapata’s Orquestra®, the modular, workflow-based platform for applied quantum computing. KAUST is examining various lines of research to determine how quantum technologies could represent an advantage over classical compute tools in a variety of Computational Fluid Dynamics (CFD) use cases for airplane and automobile aerodynamic design. Currently, CFD computations are extremely time-consuming and expensive to run. The simulation process is inefficient, and a lot of time is wasted trying to model air flow around wings and engines more efficiently. Boosting...