TQI QuickBits: Monte Carlo Jackpot, Stacking the Superstaq Deck, And More News in Quantum
The Quantum Insider
Making Quantum Technology accessible through media, news, insights and data
In quantum, most progress is incremental, just slow enough that we barely recognize it. But the scientific teams embarked on guiding us toward quantum advantage are relentless. And the most acute observers and analysts of the industry are recognizing that -- like algae spreading across the pond -- the pace of these advances is rapidly increasing.
Some examples?
Quantinuum 's Quantum Monte Carlo Integration Engine is showing signs of early stage quantum advantage. Riverlane is creating advances that will rein in quantum errors. That will be critical in developing quantum systems that can outperform classical devices. Strangeworks and Quantagonia are developing ways to transfer the power of quantum technology into the heart of the world's most innovative companies and organizations.
That was in one week.
And they are not the only signs of the quickening quantum pace. Read below for more stories about quantum progress.
I'd say exponential progress, but want to be cautious.
But. Exponential.
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Quantum Quotes
Quantinuum published a white paper about their complete Quantum Monte Carlo Integration (QMCI) engine. This may move the financial industry within striking distance of quantum advantage for some of that industry's trickiest financial operations, such as derivative pricing, portfolio risk calculations and regulatory reporting.
“Quantinuum’s end-to-end QMCI engine – the first ever complete quantum solution, offers the prospect of an immediate boost to the productivity of users in at least two sectors: banking and financial institutions, and scientists who expect quantum computers to help them process the vast amounts of data generated in experimental fields such as high energy physics. Our QMCI engine is the culmination of years of work by our algorithms team, and highlights just how quantum computers will offer practical utility. Our modular approach also ‘future-proofs’ the engine as quantum computing hardware advances.” -- Ilyas Khan, KSG , Chief Product Officer, Quantinuum
A similar "quantum today" message was reiterated by D-Wave ’s CEO,?Alan Baratz,?who spoke with Edward Ludlow , co-host of @Bloomberg Technology.
“You’re absolutely right. Most people in the industry are saying that quantum computing is years away from commercial reality but at D-Wave we took a very different approach to quantum computing, one that has allowed us to deliver commercial quantum computers today. In fact, we’ve been delivering them for almost two years now. We have over sixty commercial customers that are leveraging our quantum computer to see improved performance and a broad array of business applications.” -- Alan Baratz
Quantum Research
A team of researchers from ParityQC and the Universit?t Innsbruck published a study about a new error mitigation technique that exploits the redundant encoding of the ParityQC Architecture. The advance promises to successfully mitigate errors in quantum optimization algorithms.
You can read the paper at Physical Review A.
Insider's Look -- Voima Ventures
Voima Ventures issued a startup challenge this week. The challenge, for pre-seed and seed stage science-based startups in the Nordic and Baltic areas, aims to accelerate science-based innovations across the region. Voima, based in Helsinki, Finland is just one of the investment teams tracked in The Quantum Insider's Intelligence Platform. Through investments and challenges, investors are critical in moving highly complex quantum technology firms from the lab to the marketplace. Find these investment leaders in TQI's Intelligence Platform.
QuickBits
Quantinuum, the world’s leading integrated quantum computing company has published full details of their complete Quantum Monte Carlo Integration (QMCI) engine. QMCI applies to problems that have no analytic solution, such as pricing financial derivatives or simulating the results of high-energy particle physics experiments and promises computational advances across business, energy, supply chain logistics and other sectors.
领英推荐
Infleqtion , the world’s quantum information company, today announced the release of its flagship quantum software platform Superstaq into open beta. Superstaq’s device-physics-aware compilation techniques have led to remarkable performance enhancements, such as a 10x boost in standard benchmark applications like Bernstein-Vazirani. Various deep optimization techniques—parametric (fractional) gates, dynamical decoupling, swap mirroring, bring-your-own gateset, phased microwave decompositions, approximate synthesis, and qutrits— contribute to this progress.
Helsinki and Stockholm-based early-stage investor Voima Ventures launches a science challenge for pre-seed and seed stage science-based startups in the Nordic and Baltic areas, aiming to accelerate science-based innovations across the region. The challenge aims to encourage and support these startups in transforming their ideas into thriving, global businesses and help them scale solutions from laboratories to global companies.
NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or the “Company”), a leading battery materials and technology company, and SandboxAQ, an enterprise SaaS company that combines artificial intelligence (AI) with quantum analysis (AQ) to address some of the world’s most challenging problems, today announced they will collaborate to predict the lifespan of lithium-ion batteries, by leveraging SandboxAQ’s AI-driven chemical simulation software and NOVONIX’s Ultra-High Precision Coulometry (UHPC) technology and extensive battery cell prototyping and testing capabilities.
A group of physicists within ParityQC and the University of Innsbruck have developed a novel strategy to mitigate errors in quantum computers, based on the ParityQC Architecture. The paper outlining the invention has now been published in the journal Physical Review A, as an Editors’ Suggestion, highlighting research that is considered of particular interest, importance, or clarity. This new error mitigation technique exploits the redundant encoding of the ParityQC Architecture to successfully mitigate errors in quantum optimization algorithms. This promising solution aims to tackle the issue of hardware noise and errors which limit the performance of current quantum devices.
Quantum engineering company Riverlane has developed the world’s first dedicated decoder chip and published its decoder IP and roadmap to early error-corrected quantum computing. This is part of the company’s ongoing work to build the Quantum Error Correction Stack that every quantum computer will need to achieve useful scale.
D-Wave Quantum Systems Inc. is a Canadian firm specializing in quantum computing. Headquartered in Burnaby, British Columbia, it earned the distinction of being the pioneering company in the sale of computers that harness quantum phenomena for their operation. Among D-Wave’s initial clients were Lockheed Martin, the University of Southern California, Google/NASA, and Los Alamos National Lab.
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