Do you like this Newsletter? Like, share and subscribe! :) (or do the three things in superposition :) ).
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.
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!
The Summary of the Week
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
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
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
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
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
(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
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
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
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
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