The Week in Quantum Computing - September 27th

Issue #55

The Week in Quantum Computing. Brought to you by Sergio Gago (@piratecto). Sponsored by The Quantum World Association and Qapitan Quantum.

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Quick Recap

If there is only one thing you can red this week about quantum and business. Then read this thread by Tom Wong.

In the meantime IonQ takes the spotlight with their work both with Fidelity Investments and Goldman. Also Nippon Steel. A couple of interesting breakthroughs on the qubit race: superconductors and twisted light. Infosys also supporting Indian companies in the QC field. Clearly autumn is here (and not bringing a Quantum Winter, don’t worry!)

The Quote of the Week

"Do not judge me by my successes, judge me by how many times I fell down and got back up again"

Nelson Mandela - anti-apartheid activist, statesman and philanthropist. President of South Africa. Peace Nobel prize laureate.

By Esperanza Cuenca Gómez

Featured Content

I had the pleasure to talk with the Quantum London folks and Esperanza Cuenca (the one from the quotes!) on the applications for finance. Great chat!

Quantum Resource

By @quantumfyed

The Summary of the Week

China's quantum technology realizes industrial application

Standing one meter tall and weighing under 100 kilograms, a miniature quantum satellite ground station caught the eye of visitors at the 2021 Quantum Industry Conference in Hefei, capital of east China's Anhui Province on Saturday.

September 19, 2021 at 07:30PM

Yale joins as research partner in $25 million Quantum Leap Challenge Institute

As of Sept. 2, Yale has been serving as a key academic partner of the Quantum Leap Challenge Institute for Robust Quantum Simulation, a project aimed at developing new technologies by achieving a better understanding of quantum systems.

September 19, 2021 at 11:30PM

Building a quantum future – Physics World

Construction will soon be starting on the world’s first national laboratory to be dedicated to quantum computing.

September 21, 2021 at 08:30AM

Twisted light makes for breakthrough quantum computer chip

Quantum computers have the potential to drastically outperform traditional computers, but for now they’re mostly limited to labs and big experimental setups.

September 21, 2021 at 07:30PM

All-nitride superconducting qubit made on a silicon substrate

This qubit uses niobium nitride (NbN) with a superconducting transition temperature of 16 K (-257 °C) as the electrode material, and aluminum nitride (AlN) for the insulating layer of the Josephson junction.

September 22, 2021 at 08:30AM

Goldman Sachs, QC Ware and IonQ Demonstrate Quantum Algorithms Proof-of-Concept That Will Revolutionize Financial Services, Other Industries.

New paper benchmarks quantum algorithms on IonQ’s new quantum computer, demonstrating the viability of the approach and providing a roadmap to commercial usage Use of quantum computers in Monte Carlo simulations has relevance in many areas of finance, science, and engineering The high performance

September 22, 2021 at 08:30AM

Riverlane: UK Consortium Develops New Hardware Abstraction Layer to Facilitate Collaboration Across the Quantum Computing Industry

CAMBRIDGE, England--(BUSINESS WIRE)--A consortium led by Cambridge-based quantum computing software company Riverlane and the National Physical Laboratory (NPL) has developed an open-source hardware abstraction layer (HAL) that makes software portable across different quantum computing hardware plat

September 22, 2021 at 09:30AM

Quside creates a randomness-accelerated version of NumPy

The forked version of NumPy is built on top of the Quside™ Randomness Acceleration Platform, which combines the company’s phase-diffusion quantum random number generation (QRNG) products, with advanced randomness processing tools.

The solution released by Quside today allows developers, data analysts, and AI researchers to improve their randomized workloads in one of Python’s most widely used environments with zero changes in code required.

September 22, 2021 at 10:30AM

Towards a Commercial Quantum Computer:  A Dutch Roadmap

(By Amara Graps, Staff Writer) To summarize what is needed in a supply chain for the key components for a consumer Quantum Computer product, the Dutch quantum ecosystem formed the ImpaQT project, with their first task: the development of a Roadmap.

September 22, 2021 at 05:30PM

Goldman Sachs and Nippon Steel show quantum computers inching toward commercial impact

The two companies both published research this week highlighting how quantum computers are inching closer to commercial applications

September 22, 2021 at 10:30PM

Two new quantum computing breakthroughs reveal the technology’s commercial potential

Quantum computing is getting ever closer to realizing its potential as a transformative technology for many businesses.

September 23, 2021 at 08:30AM

Competing Visions Underpin China’s Quantum Computer Race

Scientists have known for decades that the particulate emissions from ships can have a dramatic effect on low-lying stratocumulus clouds above the ocean. In satellite images, parts of the Earth's oceans are streaked with bright white strips of clouds that correspond to shipping lanes.

September 23, 2021 at 04:30PM

Infosys Developing Quantum Computing Tech For Indian Startups To Innovate On

Indian IT giant Infosys has announced that it is working with Amazon Web Services to develop quantum computing capabilities and use cases based on Amazon Braket to test and evaluate quantum applications on circuit simulators and quantum hardware tech.

September 23, 2021 at 05:31PM

Qubit Stream: Monte Carlo Advance, Infosys Joins the Fray, D-Wave Meeting Plans, and More

It seems the stream of quantum computing reports never ceases. This week – IonQ and Goldman Sachs tackle Monte Carlo on quantum hardware, Cambridge Quantum pushes chemistry calculations forward, D-Wave prepares for its sixth annual Qubits 21 conference, Infosys partners with AWS Braket, and a U.K.

September 25, 2021 at 08:30AM

IonQ and Fidelity Center for Applied Technology Demonstrate Quantum Machine Learning for Finance on IonQ Quantum Computers

New paper describes how quantum machine learning algorithms have exponential advantage over classical counterparts in financial analysis

  • Algorithm leverages copulas--a common data analysis technique--to better describe the complex relationships between several variables, such as stock prices

  • Algorithm has been demonstrated on IonQ’s latest quantum computer and outperformed equivalent algorithm based on classical machine learning

  • Quantum algorithms can be applied to statistical problems in several industries, expanding the near-term opportunity for quantum computing

    September 25, 2021 at 10:30AM

How Quantum Computing can Solve Real-World Problems

The history of technology can seem like it was very predictable in retrospect, but the future typically feels more uncertain. Nowhere is this uncertainty more evident than in the domain of quantum computing.

September 25, 2021 at 10:30AM