Buzzing qubits this week we had! A perovskite-based device with potential to open doors for new kinds of computer chips or quantum qubits was reported. Cyprus’ Deputy Minister of Research, Innovation and Digital Policy, Philippos Hadjizacharias, has welcomed a research project on quantum communication infrastructure. Eviden, has launched Qaptiva, a platform for real-world quantum application development. This comes as quantum tech firm Q-CTRL announces its expansion in Europe with office openings in Germany and the UK and its availability on IBM devices! (Congrats to the team!). Scott Aaronson has published a review of Michio Kaku book. Summary: “the worst book about quantum computing”.On the financial side, the Quantum Computing in Healthcare Market is predicted to be worth $503 million according to MarketsandMarkets. Furthermore, Dihuni announced the launch of Qubrid, a new hybrid classical-quantum computing platform. The Quantum Cryptography Market is projected to exceed $3B by 2028, indicating a surge in investment in quantum technologies. IBM and Google have commited to contribute $150 million towards quantum-computing research at the University of Chicago and the University of Tokyo. Yet, amidst these advancements, UBS reported finding no significant advantage in quantum computing for trading, after a multi-year effort to utilize it. A great paper by Oliver Ezratty talks about NISQ and where are we heading with it, which sheds some light into it. The graph below summarijzes it all.And to finalize on NISQ and anti-hype, Jack Krupansky has published a great piece on whether QC will ever fulfill its promises.
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The Week in Quantum Computing - May 22nd
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Buzzing qubits this week we had! A perovskite-based device with potential to open doors for new kinds of computer chips or quantum qubits was reported. Cyprus’ Deputy Minister of Research, Innovation and Digital Policy, Philippos Hadjizacharias, has welcomed a research project on quantum communication infrastructure. Eviden, has launched Qaptiva, a platform for real-world quantum application development. This comes as quantum tech firm Q-CTRL announces its expansion in Europe with office openings in Germany and the UK and its availability on IBM devices! (Congrats to the team!). Scott Aaronson has published a review of Michio Kaku book. Summary: “the worst book about quantum computing”.On the financial side, the Quantum Computing in Healthcare Market is predicted to be worth $503 million according to MarketsandMarkets. Furthermore, Dihuni announced the launch of Qubrid, a new hybrid classical-quantum computing platform. The Quantum Cryptography Market is projected to exceed $3B by 2028, indicating a surge in investment in quantum technologies. IBM and Google have commited to contribute $150 million towards quantum-computing research at the University of Chicago and the University of Tokyo. Yet, amidst these advancements, UBS reported finding no significant advantage in quantum computing for trading, after a multi-year effort to utilize it. A great paper by Oliver Ezratty talks about NISQ and where are we heading with it, which sheds some light into it. The graph below summarijzes it all.And to finalize on NISQ and anti-hype, Jack Krupansky has published a great piece on whether QC will ever fulfill its promises.