Goldman Closer To Quantum With QC Ware

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Share Tweet Share Share Share Email Research from U.S. global banker Goldman Sachs and Silicon Valley quantum computer startup QC Ware indicates that the advanced integration of quantum algorithms could be utilized within five years, the Financial Times reported. Earlier than anticipated, financial markets could start using quantum computing for some of the most complex calculations, per the report. Research into using quantum machines to price complex derivatives — a costly, computing-intensive task for banks — pointed to near-term breakthroughs. The calculations rely on Monte Carlo simulations, a probability model used to evaluate risk and simulate prices for a variety of...

Air Force partners with quantum computing firm QC Ware on research project

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U.S. Air Force researchers are partnering with a quantum computing company to use its machine learning algorithms, Axios has learned.Why it matters: Quantum is the next generation of computing, and its growing adoption by the military shows the progress of the technology as it gradually moves out of the lab and into the real world.Driving the news: Later this morning the Air Force Research Laboratory (AFRL) — its technological development wing — will announce a partnership with the quantum computing software company QC Ware to harness its algorithms to better surveil unmanned aircraft.QC Ware will design and deliver quantum algorithms that are capable of clustering and classifying the flight plans of objects many times faster than the classical machine learning algorithms that are currently used for the job.Using currently available quantum...