Is quantum computing overhyped? Are quantum companies force feeding their systems while knowing there are not even close to how good classical software is? What is the role of those who do not depend on quantum from happening, but that can win big time if (and when) it happens? This week we have a summary of what has happened in 2023 in the quantum crypto area. A great development by QuTech in the Netherlands controlling quantum dots. Pasqal releases “Qadence”, their open source library. to control Digital Analog Quantum Computing like the ones they run. In the meantime in Finland VTT and IQM release their 20 qubit device. On the other side of the world, China’s photonic device led by Pan Jianwei reaches 255 qubits on a similar experiment than the one they released last year, or that Xanadu published with 216 photons. Again, this experiment has no practical applications, but it does pave the way for advances in both hardware and algorithms. Australia does not stay behind and keeps pushing on their quantum initiatives. Dr. Cathy Foley, aims to transform the country into a global player in quantum technology. and expects they can create a AUD 6.1 billion industry with over 19,000 new jobs by 2045. In the meantime, the US wonders if $1.2 billion is enough, and Hodan Omaar evaluates how to push this further. Lastly OQI opens its doors in Geneva with UBS leading the pack (and showing how the financial industry can support innovation) with the members like the Geneva Science and Diplomacy Anticipator Foundation (GESDA), Cern, the Swiss Federal Department of Foreign Affairs (DFA), ETH Zurich and the Swiss Federal Institute of Technology Lausanne (EPFL).
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The Week in Quantum Computing - October 16th…
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Is quantum computing overhyped? Are quantum companies force feeding their systems while knowing there are not even close to how good classical software is? What is the role of those who do not depend on quantum from happening, but that can win big time if (and when) it happens? This week we have a summary of what has happened in 2023 in the quantum crypto area. A great development by QuTech in the Netherlands controlling quantum dots. Pasqal releases “Qadence”, their open source library. to control Digital Analog Quantum Computing like the ones they run. In the meantime in Finland VTT and IQM release their 20 qubit device. On the other side of the world, China’s photonic device led by Pan Jianwei reaches 255 qubits on a similar experiment than the one they released last year, or that Xanadu published with 216 photons. Again, this experiment has no practical applications, but it does pave the way for advances in both hardware and algorithms. Australia does not stay behind and keeps pushing on their quantum initiatives. Dr. Cathy Foley, aims to transform the country into a global player in quantum technology. and expects they can create a AUD 6.1 billion industry with over 19,000 new jobs by 2045. In the meantime, the US wonders if $1.2 billion is enough, and Hodan Omaar evaluates how to push this further. Lastly OQI opens its doors in Geneva with UBS leading the pack (and showing how the financial industry can support innovation) with the members like the Geneva Science and Diplomacy Anticipator Foundation (GESDA), Cern, the Swiss Federal Department of Foreign Affairs (DFA), ETH Zurich and the Swiss Federal Institute of Technology Lausanne (EPFL).