The Week in Quantum Computing - May 3rd
Issue #34
The Week in Quantum Computing. Brought to you by Sergio Gago (@piratecto) and The Quantum World Association.
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Quick Recap
The first quarter is over. Not as many new investments as we saw in Q4 but creat advancements on the qubit technology itself. This we have two big claims. The market research analysis and Goldman Sachs announcing quantuma advance for finance in 5 years. What the report says
• Quantum technology market is posed to grow to $55.8 billion by 2028
• Quantum computing will lead the market followed by quantum dots market
• Quantum key distribution market will have the highest CAGR
• Quantum technology will accelerate the growth of various other technologies including exascale computing, 6G, IoT, blockchain, and edge computing
• Quantum Intelligence market will reach $5.5 billion by 2028
Read on!
The Quote of the Week
"I am a reasonably emotional person, and I see no reason why that's incompatible with being a scientist." Robert Sapolsky - neuroendocrinology researcher, author, John A. and Cynthia Fry Gunn Professor at Stanford University
Featured Content
Quantum Definitions (by @quantumfyed)
Did you miss the QuantumBarcelona session with Qilimanjaro? Here is the video (also some news about their framework QIBO below):
The Summary of the Week
Video: Silicon Photonic Quantum Computing - PsiQuantum at 2021 APS March Meeting
PsiQuantum CEO Jeremy O’Brien outlines how, by the middle of this decade, PsiQuantum will have completely stood up all the manufacturing lines and processes necessary to begin assembling a final machine: a fault-tolerant, error-corrected quantum computer with hundreds of logical qubits and billion
Canada makes multi-million dollar bets on green tech, quantum and AI in annual budget
Justin Trudeau’s government has laid out plans for multi-million dollar investments in research in Canada’s first federal budget since 2019.
Link: https://ift.tt/32LgXoI
April 26, 2021 at 10:33AM
So You Want Invest in a Quantum Company? Here are the Risks
Although there is a lot of excitement about investing in quantum technology companies these days, one should be aware of the considerable risks this involves. The quantum industry is still at its very infancy and we expect a lot of changes to happen over the next decade.
Link: https://ift.tt/3nha3kF
April 26, 2021 at 10:33AM
A two-qubit engine powered by entanglement and local measurements
Credit: Bresque et al. Researchers at Institut Néel-CNRS, University of Saint Louis and University of Rochester recently realized a two-qubit engine fueled by entanglement and local measurements.
Link: https://ift.tt/32LROtV
April 26, 2021 at 08:33PM
Ethereum Won't Hide From Quantum Computers Behind PoS Shield
Quantum computing has long been regarded as Bitcoin (BTC)’s ‘bogeyman.’ The popular fear is that, as secure as Bitcoin and other proof-of-work cryptoassets are in terms of standard cryptography, quantum computers could provide additional means of breaking them.
Link: https://ift.tt/3tPnV8a
April 26, 2021 at 10:33PM
Technology Innovation Institute Joins the Quantum Computing Challenge with Launch of Open-Source ‘Qibo’
ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--Technology Innovation Institute (TII), the applied research pillar of Advanced Technology Research Council (ATRC), today announced that its Quantum Research Centre (QRC) has developed the first simulation version of 'Qibo', a versatile open-source qu
Link: https://ift.tt/3ezK6bU
April 26, 2021 at 10:33PM
Harvard Launches PhD in Quantum Science and Engineering
Link: https://ift.tt/3sRTv3N
April 27, 2021 at 09:33AM
Europe’s Capacity to Act in the Global Tech Race
Technological leadership has become a central dimension of geopolitical power. In this development, the primary front in the emerging tech power rivalry is between the US (United States of America) and China (People’s Republic of China). The European Union (EU) has fallen behind and needs to catch-up. The stakes in this race are high and will have an impact on economic competition, national security and broader values-based notions of political order. This study sheds light on Europe’s approach to technological mastery. This study looks into the progress of the EU and its member states across selected technological fields and their global entanglements with other nations and technology actors.
Link: https://ift.tt/3gHGlE3
April 27, 2021 at 09:33AM
Exclusive: Air Force research taps quantum computing
U.S. Air Force researchers are partnering with a quantum computing company to use its machine learning algorithms, Axios has learned.
Link: https://ift.tt/32PL6mH
April 27, 2021 at 08:33PM
How Merck works with Seeqc to cut through quantum computing hype
Join Transform 2021 this July 12-16. Register for the AI event of the year. When it comes to grappling with the future of quantum computing, enterprises are scrambling to figure just how seriously they should take this new computing architecture.
Link: https://ift.tt/3dTcAOD
April 28, 2021 at 10:33AM
Congress Should Fund $500M in Near-Term Quantum Computing Applications, Establish a National Quantum Research Cloud, New Report Argues
WASHINGTON, April 27,2021 — Quantum computing technologies are still in the early phases of development, but organizations are already using them in real-world applications from designing drugs to optimizing inventory systems to reducing carbon emissions.
Link: https://ift.tt/3aLc5EF
April 28, 2021 at 10:33AM
Goldman Sachs predicts quantum computing 5 years away from use in markets
Quantum computing could be brought to bear on some of the most complex calculations in financial markets within five years, considerably earlier than expected, according to research jointly conducted by Goldman Sachs. The findings come as banks and other companies at the leading edge of quantum research have turned their attention to trying to get practical results 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.
Link: https://ift.tt/3aRcTrA
April 29, 2021 at 10:33PM
Startup claims new "quantum analog computer" solved the traveling salesman problem for 128 cities
Founder says the infinityQube operates at room temperature and can integrate with existing high-performance computers. A Canadaian startup announced a new device in the high-performance computing world: the infinityQube.
Link: https://ift.tt/3xzpERg
April 30, 2021 at 08:33AM
Quantum Technology Market Outlook and Forecasts 2021 – 2028
Much more than only computing, the quantum technology market provides a foundation for improving all digital communications, applications, content, and commerce.
Select Report Findings:
• Quantum technology market is posed to grow to $55.8 billion by 2028
• Quantum computing will lead the market followed by quantum dots market
• Quantum key distribution market will have the highest CAGR
• Quantum technology will accelerate the growth of various other technologies including exascale computing, 6G, IoT, blockchain, and edge computing
• Quantum Intelligence market will reach $5.5 billion by 2028
Link: https://ift.tt/3nwZ3Qe
April 30, 2021 at 09:33AM
U. Maryland commits $25 million to incubator for quantum startups
The University of Maryland will house an incubator for quantum computing startups, offering access to high-quality internet and connections with potential customers, the school announced last week.
Link: https://ift.tt/3uazh6E
April 30, 2021 at 01:33PM
SuperQ Comes out of Stealth Mode and Announces High Temperature Super Conducting Single Photon Detector and Super Conducting Motors as New Products
Bangalore, Karnataka, India: SuperQ technologies India Private limited which is a subsidiary of Qpi Technology comes out of stealth mode with CeNSE (Centre of nano Sciences, IISc) lab access and announces 2 new product lines.
Link: https://ift.tt/3aR3GQ4
May 01, 2021 at 12:33PM