The Week in Quantum Computing - March 13th
Issue #129
The Week in Quantum Computing. Brought to you by Sergio Gago (@piratecto).
Quick Recap
Packed week! Even though half of the physicists in the world were enjoying their time in Vegas! (For one of the biggest yearly conferences there is of course!) Hopefully we will see some additional papers coming out next week.
The European Quantum Computer Project OpenSuperQ has been extended, with 28 partners from 10 countries involved. The AWS Center for Quantum Networking completed its first trial of quantum-secured communication, exploring quantum key distribution in Singapore. LuxQuanta's new QKD prototype offers improved digital security. A nice research paper on how QC is being used to reinvent option pricing in capital markets and Provably efficient quantum algorithms for large-scale machine learning models have been shown to provide quantum enhancements. HRL has achieved universal control of their encoded qubits, demonstrating the universality of silicon-encoded spin qubits. PsiQuantum has opened a UK-based research facility to develop high-power cryogenic systems for large-scale quantum computing. Europe's funding for quantum technologies has grown, with high expectations for quantum computing. . Maybell Quantum has launched a cryogenic platform designed for scale and engineered for the quantum future. Researchers have found a way to predict the behavior of many-body quantum systems coupled to their environment, providing a crucial tool for real-world applications. QuantWare in the Netherlands has raised €6M. Riken is one month away from launch and a great article on how Mastercard uses annealing techniques for card rewards program optimization.
Next Conferences
The global Quantum.Tech summit is headed to Singapore! Being a global hub in the region with a vibrant tech-transfer ecosystem and world class community of researchers, this will be perfect platform to get an unbiased view on where quantum technology in APAC is headed.
Meet me in Boston on April 25th and 26th for two things: Talking about quantum in the finance industry and a private, invite only session for banks, insurance companies and asset managers. If you want your organization to take the leap on what is next in quantum, you can’t miss that session.
Want to attend the session? Register here: https://www.quantumtechcongress.com/register-now
and use the code MOODYSQUANTUM to get a discount.
The Week in Quantum Computing
The Questionnaire: Four industry leaders on the mind-boggling problem-solving potential of quantum computing
The weirdest thing about quantum physics: “Theories established 100 years ago still hold up.”
You knew you had to work in quantum computing when… “I fell in love with the philosophical implications and the math when I was studying physics for my undergrad.”
Link: https://ift.tt/fvUzrZs
March 05, 2023 at 12:30PM
Indian Railways to adopt Artificial Intelligence and Quantum computing technology for its rapid transformation
Indian Railways is set to adopt the latest technologies and innovations for its mega transformation across the country. In this context, to catch up with the rest of the world, the railways will now focus on using Artificial Intelligence (AI) and Quantum computing technology for its modernization.
Link: https://ift.tt/Wylk8Ja
March 06, 2023 at 01:30PM
The European Quantum Computer Project OpenSuperQ Is Extended
March 1, 2023 — The project OpenSuperQPlus – part of the European Quantum Technology Flagship – gets underway. It is continuing and enhancing the project OpenSuperQ and brings together most of its team with new partners – including the key partners of the national initiatives of the Netherlands, France, Finland, Germany, Hungary and Sweden, full-stack quantum computing startups and many other key players in the field. The large-scale follow-up project coordinated by Forschungszentrum Jülich involves a total of 28 partners from 10 countries.
Link: https://ift.tt/XxEFbkv
March 06, 2023 at 01:30PM
Implementing a quantum-secured network in a metropolitan area
The AWS Center for Quantum Networking (CQN) has completed its first trial of quantum-secured communication in a customer environment. With a mission to address the fundamental scientific and engineering challenges to build quantum networks, we work with customers to evaluate the current state of the technology and its fit for cloud infrastructure.
We’ve heard from customers that they want to prepare now for a future world in which quantum computers can break current asymmetric cryptography. AWS is engaged in multiple efforts to ensure quantum computers bring only opportunities to customers, minimizing any risks. One capability that we are exploring is Quantum Key Distribution (QKD), which offers an additional physical protection in the transmission of quantum states between remote parties so they can establish verifiably secure encryption keys.
Link: https://ift.tt/C8Ga6qw
March 06, 2023 at 08:30PM
A Deeper Look at the New QKD Prototype from LuxQuanta
In the era of cyber threats and hacks, digital security is quickly becoming a top priority for many different industries.
Link: https://ift.tt/Zn75jI6
March 07, 2023 at 01:30AM
Reinvent option pricing in capital markets using quantum computing
Derivatives have a huge impact on modern finance as the financial markets are benefited by them in several ways. Derivative contract is a financial instrument whose value is determined from the price of one or more underlying assets.
Link: https://ift.tt/eOYvJLG
March 07, 2023 at 01:30AM
Quantum Computing Breakthrough: Silicon Encoded Spin Qubits Achieve Universality
Posted online ahead of publication in the journal Nature, the HRL experiment demonstrated universal control of their encoded qubits, which means the qubits can be used successfully for any kind of quantum computational algorithm implementation.
Link: https://ift.tt/7NnMPzg
March 07, 2023 at 05:30PM
PsiQuantum Opens UK-Based Research Facility to Develop Next-Generation High-Power Cryogenic Systems for Large-Scale Quantum Computing
PALO ALTO, Calif.--(BUSINESS WIRE)--PsiQuantum announced today the opening of its UK-based advanced R&D facility at STFC’s Daresbury Laboratory in the north west of England.
Link: https://ift.tt/RSgOyUn
March 07, 2023 at 05:30PM
Opinion: Europe’s throwing billions at quantum computers. Will it pay off?
No one may fully understand quantum computing yet, but one thing is clear — the expectations are high. And where there are high expectations, there’s money. Both private and public funding for European quantum technologies has grown notably over the last few years.
Link: https://ift.tt/lq8NJT1
March 07, 2023 at 05:30PM
What if the impossible were possible? Understanding the extraordinary potential of quantum technologies
We live in a digital world – one that runs on 1s and 0s – a binary system that has, over the past 50 years, made an extraordinary difference to so many aspects of our lives, our work, and our society. But, despite Moore’s Law, this system does have inherent limits.
Link: https://ift.tt/5LEKwm0
March 08, 2023 at 03:30PM
This software lets you dip your toes into Quantum computing for free
One thing is certain about the future of complex computing: it's going quantum. This futuristic technology has the ability to complete tasks in minutes that would take traditional computers years. It's so powerful it poses a real threat to things like passwords and crypto (opens in new tab).
Link: https://ift.tt/OW17nJg
March 08, 2023 at 05:30PM
Paper: Towards provably efficient quantum algorithms for large-scale machine-learning models
Large machine learning models are revolutionary technologies of artificial intelligence whose bottlenecks include huge computational expenses, power, and time used both in the pre-training and fine-tuning process. In this work, we show that fault-tolerant quantum computing could possibly provide provably efficient resolutions for generic (stochastic) gradient descent algorithms, scaling as $O(T^2 \times \text{polylog}(n))$, where $n$ is the size of the models and $T$ is the number of iterations in the training, as long as the models are both sufficiently dissipative and sparse. Based on earlier efficient quantum algorithms for dissipative differential equations, we find and prove that similar algorithms work for (stochastic) gradient descent, the primary algorithm for machine learning. In practice, we benchmark instances of large machine learning models from 7 million to 103 million parameters. We find that, in the context of sparse training, a quantum enhancement is possible at the early stage of learning after model pruning, motivating a sparse parameter download and re-upload scheme. Our work shows solidly that fault-tolerant quantum algorithms could potentially contribute to most state-of-the-art, large-scale machine-learning problems.
Link: https://ift.tt/lyVSxoC
March 08, 2023 at 08:30PM
Maybell Introduces Its ‘Big Fridge’ — The New Platform For Scaled Quantum
Maybell Quantum, the US leader in quantum cryogenics, launched the Maybell Big Fridge, a cryogenic platform designed for scale and engineered for the quantum future.
Link: https://ift.tt/b2lKFdN
March 08, 2023 at 10:30PM
New method for predicting the behavior of quantum devices provides crucial tool for real-world applications
Researchers have found a way to predict the behavior of many-body quantum systems coupled to their environment. The work represents a way to protect quantum information in quantum devices, which is crucial for real-world applications of quantum technology.
Link: https://ift.tt/m958Wod
March 08, 2023 at 11:30PM
Azure Quantum unlocks the next generation of Hybrid Quantum Computing
Today, Microsoft announced a significant quantum advancement and made our new Integrated Hybrid feature in Azure Quantum available to the public. Quantum computing is inherently hybrid.
Link: https://ift.tt/LtYn8C5
March 09, 2023 at 07:30AM
QuantWare has €6m Seed round
Investors were Forward.One, QDNL Participations, and Graduate Entrepreneur. QuantWare will use the funding to scale its team to support the production and development of its new 64 qubit processor ‘Tenor’.
Link: https://ift.tt/xQo63CG
March 09, 2023 at 09:30AM
Reducing the costs of deploying a 5G network with a hybrid classical-quantum approach
In an era of increasing demand for data traffic and rapid expansion of the internet of things, the fifth generation of cellular communications, 5G, was set to enhance the internet connectivity already accomplished by the 4G networks.
Link: https://ift.tt/So36wdL
March 09, 2023 at 01:30PM
Paper: A Survey of Quantum Alternatives to Randomized Algorithms: Monte Carlo Integration and Beyond
Monte Carlo sampling is a powerful toolbox of algorithmic techniques widely used for a number of applications wherein some noisy quantity, or summary statistic thereof, is sought to be estimated. In this paper, we survey the literature for implementing Monte Carlo procedures using quantum circuits, focusing on the potential to obtain a quantum advantage in the computational speed of these procedures. We revisit the quantum algorithms that could replace classical Monte Carlo and then consider both the existing quantum algorithms and the potential quantum realizations that include adaptive enhancements as alternatives to the classical procedure.
Link: https://ift.tt/6tZ5RJk
March 10, 2023 at 10:30AM
Quantum computing reduces systemic risk in financial networks
In highly connected financial networks, the failure of a single institution can cascade into additional bank failures. This systemic risk can be mitigated by adjusting the loans, holding shares, and other liabilities connecting institutions in a way that prevents cascading of failures.
Link: https://ift.tt/0LnFe9U
March 10, 2023 at 04:30PM
Why This Technology Will Surge This Year and How You Can Capitalize On It
As we enter 2023, it's useful to understand which technologies will expand and become more relevant to startups, corporations and investors. Looking ahead to the next few years, I anticipate that quantum computing will surge and become increasingly important to those in the technology industry. Let's examine why this trend is happening and what you can do to capitalize on it.
Link: https://ift.tt/dwInCxM
March 10, 2023 at 05:30PM
PennyLane introduces, Catalyst, a Hybrid Compilation Framework for Quantum Processing Units
PennyLane, the popular machine learning toolkit from Xanadu, has announced the latest beta release of Catalyst, the next-generation compilation framework.
Link: https://ift.tt/vmyTzZS
March 10, 2023 at 10:30PM
Japan's quantum computer to open online for research this month
TOKYO -- Japan's first domestically built quantum computer will become accessible online at the end of the month, the Riken research institute said Thursday, allowing companies and universities to tap its ultrafast computing powers for a wide range of research projects.
Link: https://ift.tt/JLohsw4
March 10, 2023 at 10:30PM
Mastercard testing quantum computing for loyalty and rewards
The retailer loyalty market is massive — valued at about $142 billion, according to Research and Markets Global Loyalty report — creating a need for even more powerful computing to make the most of the customer data that's used to offer incentives.
Link: https://ift.tt/QX2S6I1
March 10, 2023 at 10:30PM
Two Oddball Ideas for a Megaqubit Quantum Computer
The perpetual problem with scaling up most quantum computers is a seemingly mundane one—too many cables. Experts say quantum computers might need at least a million qubits kept at near absolute zero to do anything computationally noteworthy.
Link: https://ift.tt/zTmr0wF
March 11, 2023 at 03:30PM
China is developing a quantum communications satellite network
HELSINKI — Chinese research institutes are working to construct a quantum communications network using satellites in low and medium-to-high Earth orbits.
Link: https://ift.tt/PJVwUi7
March 11, 2023 at 06:30PM