The Week in Quantum Computing - May 23rd - Sustainability, ClassiQ, QunaSys and Cornami receive funds. Rigetti and IonQ, MetriQ and Earthquakes.
Issue #88
The Week in Quantum Computing. Brought to you by Sergio Gago (@piratecto). This week Sponsored by Artificial Brain and QCentroid.
Do you like this Newsletter? Like, share and subscribe! :) (or do the three things in superposition :) ).
Quick Recap
The Economist “Commercialising Quantum” event finished putting together some of the best minds in the industry. In the meantime The Unitary Fund puts together a benchmarking solution for claims published (or not) in papers. Another rebuttal from IonQ to stay in tune together with their new chip announcement. Cornami raises $68M, Qunasys invested by Mitshubisi and Classiq completes its funding round. Two very good pieces on Quantum for sustainability together with its ethical implications (Quantum Manhattan project in Russ Fein’s words). Rigetti announces results and confirmis 4000+ qubits for 2027 (and 1000+ for 2025).
Also IBM Qiskit announces their summer camp fot this year, focused in simulations this time. Highly recommended!
The Week in Quantum Computing
Chicago's South Side : Quantum tech's great migration to the 'Silicon Prairie' : StartUp Beat
With a slew of regional resources, large-scale investments, a devoted accelerator, and a bustling community of startups, the Windy City is winding up to become a national hub for quantum technology.
Link: https://ift.tt/lrMmHOi
May 15, 2022 at 10:30AM
Raul Garcia-Patron Sanchez and colleagues find that quantum advantage is still some way off
Current and next-generation quantum computers are unlikely to provide any advantage over traditional computing for accomplishing certain tasks unless their calculation errors – known as noise rates – decrease significantly, researchers have found.
Link: https://ift.tt/WzsunXy
May 15, 2022 at 05:30PM
Tackling Even More Complexity: D-Wave Delivers Industry-First Hybrid Solver with Continuous Variables to Run on a Quantum Computer
BURNABY, British Columbia & PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Systems Inc. – a global leader in quantum computing software, services, and systems, and the only quantum computing company building both annealing and gate model quantum computers – today announced an update to its Constrained Quadratic Model (CQM) hybrid solver in the Leap™ quantum cloud service. This update enables organizations, for the first time, to leverage the power of quantum computation to run constrained quadratic optimization problems with continuous variables.
Link: https://ift.tt/mKe8jvp
May 16, 2022 at 07:30AM
Understanding Quantum Uncertainty – The weirdness of the world (without Math)
Ok, let’s try to demystify (and simplify) one of the key pillars of quantum computing. The Uncertainty principle (and we will talk about entanglement later). (Proper physicist out there: forgive the blatant simplifications!)
Link: https://ift.tt/e8bqo42
May 16, 2022 at 10:30AM
FIVE FROM FINLAND: Quantum computing
Finland is at the forefront of this development. Quantum technologies have been researched in the country for decades, and the renowned Low Temperature Laboratory was opened in Espoo already in 1965. Since then, an entire ecosystem of companies, research organisations and universities working with quantum computing has sprouted in the country. Continue reading to take a closer look at five of these organisations.
Link: https://ift.tt/8R5tZm3
May 16, 2022 at 12:30PM
Classiq Announces Strategic Investment from Global Business Leaders HSBC, NTT Finance, Neva SGR
Classiq, the leader in quantum software development, today announced the participation of three industry leaders – HSBC, NTT Finance, and Intesa Sanpaolo – in the second closing of its Series B funding.
Link: https://ift.tt/Vwvlq9c
May 16, 2022 at 04:30PM
NSA Says ‘No Backdoor’ for Spies in New US Encryption Scheme
(Bloomberg) -- The US is readying new encryption standards that will be so ironclad that even the nation’s top code-cracking agency says it won’t be able to bypass them.
Link: https://ift.tt/63Xb4eC
May 16, 2022 at 06:30PM
Quantum Technology Gains Momentum As Computing Gets Closer To Reality
The promise of quantum computing has swirled for decades. But as it gets closer to reality, more investors, the government and several industries seem to be taking note.
Link: https://ift.tt/EaFterm
May 16, 2022 at 06:30PM
MITSUBISHI ELECTRIC News Releases Mitsubishi Electric's ME Innovation Fund Invests in QunaSys Startup
FOR IMMEDIATE RELEASE No. 3518 TOKYO, May 10, 2022 - Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its ME Innovation Fund has invested in QunaSys, Inc.
Link: https://ift.tt/Nv6Cam3
May 16, 2022 at 06:30PM
Quantum communication system could detect earthquakes
Quantum-encrypted messages sent through cables over long distances are sensitive to tiny vibrations, suggesting a possible by-product of a future secure network A quantum communication technique can also measure minute vibrations in the ground, making it potentially useful for detecting earthquakes
Link: https://ift.tt/YznkQHe
May 17, 2022 at 11:30PM
Rigetti Computing Reports First Quarter 2022 Financial Results and Provides Business Update
Rigetti's Fab-1 is located in Silicon Valley and is the world's first dedicated and integrated quantum fab. BERKELEY, Calif., May 16, 2022 (GLOBE NEWSWIRE) — Rigetti Computing, Inc.
Link: https://ift.tt/BDL6kgt
May 17, 2022 at 11:30PM
Improving quantum error correction circuits by 70% with quantum control
Ushering in an era of large-scale quantum computers with quantum error correction made possible by the error suppression technologies within Fire Opal.
Link: https://ift.tt/5iQGWyM
May 17, 2022 at 11:30PM
Quantum Computing is the “Manhattan Project” of This Generation
Imagine that your great-great-great…. great grandfather was alive at the beginning of the modern era. Alive at 0 BCE. Imagine he invested one penny in an account that would earn just 2% per year. Can you guess how much that account would be worth today?
Link: https://ift.tt/RcLgWHs
May 18, 2022 at 08:30AM
Qubit Engineering optimizes wind farm energy production with Azure Quantum
Qubit Engineering is using quantum-inspired capabilities available on the Azure Quantum platform to optimize wind farm layouts and, in doing so, capture more available energy with the same physical wind farm assets.
Link: https://ift.tt/cEX3u1V
May 18, 2022 at 02:30PM
Here’s what happened when four Polish seniors founded a quantum startup
Forget hoodies and trendy coworking spaces: the four Polish founders of startup Randaemon are not your typical startup bros.
They’re a collective 284 years old, with five grandchildren and dozens of patents and research papers between them.
When I sit down for a Zoom call with three of them — two in San Diego, one in Warsaw — there’s no Web3 babble, no talk about aiming for unicorn status. They’re just having a great time plotting how they will successfully sell their quantum random number generator (more on that later) to a multinational like Apple or Qualcomm.
Link: https://ift.tt/n1gU0AF
May 18, 2022 at 05:30PM
Qiskit Global Summer School 2022: Quantum Simulations
Minimal prerequisites are required for the Qiskit Global Summer School. If you know how to multiply two matrices , and have some programming experience in Python, you are ready for the Summer School. You can brush up on Python programming before attending the lectures by using the Qiskit Textbook.
Link: https://ift.tt/sf1jFpA
May 19, 2022 at 12:30AM
Quantum computing may create ethical risks for businesses. It’s time to prepare
Despite limitations, the momentum behind quantum continues to grow. A forecast by the International Data Group predicts that 25% of Fortune 500 companies will be using quantum computers in the next three years.1 Quantum is on track to become an enterprise mainstay within the decade.
Link: https://ift.tt/tyhA0OF
May 19, 2022 at 12:30AM
AWS joins Q-NEXT Quantum Center
Amazon Web Services (AWS) has joined Q-NEXT, a quantum research center led by the U.S. Department of Energy's (DOE) Argonne National Laboratory that is developing the science and technology for controlling and distributing quantum information.
Link: https://ift.tt/z7IxdXo
May 19, 2022 at 10:30AM
Quantum computing just might save the planet
Exponentially more powerful machines could make possible major reductions in emissions, putting the goal of limiting global warming within reach.
Link: https://ift.tt/Cv6pViO
May 19, 2022 at 04:31PM
FIs Prep to Make Quantum Leap From ’70s-Era Data Security
As Jack Hidary, CEO of Sandbox AQ, told PYMNTS’ Karen Webster, financial institutions (FIs) and all manner of firms are still reliant on RSA, a public-key cryptosystem that is the cornerstone of secure data exchange, underpinning the transmission of everything from payments to healthcare information.
However, that algorithm stretches back to the late 1970s, and it represents a key vector of vulnerability that can ultimately be defeated by hackers.
Link: https://ift.tt/J64BlQX
May 19, 2022 at 07:30PM
Cornami raises $68M to support quantum encryption
Today, fabless semiconductor company Cornami announced it has closed a $68 million series C funding round led by Softbank Vision Fund 2.
Cornami has generated significant investor interest because it offers a TruStream Computational Fabric architecture that can deliver real-time computing power for critical and complex applications.
Link: https://ift.tt/5MkOveY
May 19, 2022 at 07:30PM
Assembly and coherent control of a register of nuclear spin qubits
The generation of a register of highly coherent, but independent, qubits is a prerequisite to performing universal quantum computation.
Link: https://ift.tt/pySP7k1
May 19, 2022 at 10:30PM
Waging War On Quantum
Quantum computing will never work. Keeping enough qubits stable long enough to do any significant calculating or processing, is a mathematical impossibility. The whole idea that one day quantum computers will discover new miracle drugs, or crack public encryption systems, is a mirage.
Link: https://ift.tt/x7T40iX
May 20, 2022 at 07:31AM
Unitary Fund launches Metriq, a Platform for Community Driven Quantum Benchmarks
LOS ANGELES, /PRNewswire/ -- Unitary Fund, a 501(c)(3) non-profit helping create a quantum technology ecosystem that benefits the most people, has released Metriq, a platform for hosting and sharing community-driven Quantum Benchmarks.
Link: https://ift.tt/1Fht2rY
May 20, 2022 at 06:30PM