We got the promise of 100.000 qubits by IBM. I hope they are better than the current 433, but still, a great promise that keeps pushing the field. A BCG report suggests quantum computing is inching closer to business-readiness, despite the undefined standards of quantum advantage (although in Moody’s we have a different opinion). Classiq, along with NVIDIA (watch out for their share price!) and Rolls-Royce, reported a breakthrough in computational fluid dynamics with a quantum computing circuit 10 million layers deep with 39 qubits.Meanwhile, Quantum Computing Inc. ("QCI") has announced its intent to acquire the AI firm, Millionways, signalling the growing intersection of quantum computing and AI, and how a company with almost no revenue has also the right to do M&A. UK-based Quantum Motion has raised over £62 million, with Sony Innovation Fund joining its recent investment round. Quantum technologies also show promise in complex systems modelling. The University of Pittsburgh has announced an $11.6 million allocation to establish a quantum computing innovation hub, demonstrating the growing interest in this field in academia. The famous Qiskit Summer School is out, so hurry up if you want to signup! Fraunhofer releases Qrisp, a new programming language (as if the language was the bottleneck here!). Amira Abbas from Google AI has published a very interesting paper on reusing information on QML.
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The Week in Quantum Computing - May 29th
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We got the promise of 100.000 qubits by IBM. I hope they are better than the current 433, but still, a great promise that keeps pushing the field. A BCG report suggests quantum computing is inching closer to business-readiness, despite the undefined standards of quantum advantage (although in Moody’s we have a different opinion). Classiq, along with NVIDIA (watch out for their share price!) and Rolls-Royce, reported a breakthrough in computational fluid dynamics with a quantum computing circuit 10 million layers deep with 39 qubits.Meanwhile, Quantum Computing Inc. ("QCI") has announced its intent to acquire the AI firm, Millionways, signalling the growing intersection of quantum computing and AI, and how a company with almost no revenue has also the right to do M&A. UK-based Quantum Motion has raised over £62 million, with Sony Innovation Fund joining its recent investment round. Quantum technologies also show promise in complex systems modelling. The University of Pittsburgh has announced an $11.6 million allocation to establish a quantum computing innovation hub, demonstrating the growing interest in this field in academia. The famous Qiskit Summer School is out, so hurry up if you want to signup! Fraunhofer releases Qrisp, a new programming language (as if the language was the bottleneck here!). Amira Abbas from Google AI has published a very interesting paper on reusing information on QML.