The Week in Quantum Computing - September 26th
Issue #106
The Week in Quantum Computing. Brought to you by Sergio Gago (@piratecto).
Quick Recap
“This post is too long for email”, Substack tells me. Well, I simply can’t reduce it with the amount of stuff that happened this week. Both Quantum Tech and IEEE Quantum happened which resulted in a plethora of announcements, papers published and side events that give us a lot of homework to catch up. Both on the technical and the business side.
Brassard, Bennet, Deutsch and Shor win a the Breakthrough prize, well deserved since without them we would not be talking today. Quantropy launches QiSpace, their platform for Quantum Secure communications. This ties with a couple of pieces on crypto and security by QuSide and others. And the launch of the European consortium by SES, ESA and the European Commission, to have QKD in the air. This matches with last week’s Hispasat project “Caramuel”. QCI launches the cloud access for Dirac 1, their entropy based computer. It works in a similar way as an annealer by finding the lowest energy of a Hamiltonian but with a completely different qubit approach. Goldman publishes a paper on how many qubits are needed for a real problem in finance: estimating option prizing (hint: over 8000 logical qubits). Classiq expands their series A to $49M. Novo Nordisk Foundation in Denmark leads their national quantum computer with an investment of $200M, while QuiX will build one for the German Aerospace Center for €14M. Lastly, a couple of shoutouts to a paper on mixing music and qubits, and a great list of resources on QML. Read on!
The Week in Quantum Computing
Paper: Teaching Qubits to Sing
Teaching Qubits to Sing: Mission Impossible? Eduardo Reck Miranda and Brian N. Siegelwax This paper introduces QuSing, a system that learns to sing new tunes by listening to examples.
Link: https://ift.tt/9gy8kS2
September 18, 2022 at 11:30AM
How the CHIPS Act supercharges the US quantum industry
Much of the attention surrounding the recently passed CHIPS and Science Act focused on investments in the semiconductor industry, and rightly so — the bill made a historic down payment on chip manufacturing and innovation that will help strengthen supply chains and national security and restore American competitiveness and economic leadership for the future.
Link: https://ift.tt/HwQeBal
September 18, 2022 at 05:30PM
James Nguyen Of Quantropi On What We Must Do To Protect Critical Industrial Systems From Cyber Attacks
Ignorance of the threat landscape both present (ransomware) and future (Y2Q) is no excuse. The amount of online information (ex. National Strategy for Critical Infrastructure in Canada), working groups (ex. Cloud Security Alliance Working Group for Zero Trust Architectures) and major vendors (ex.
Link: https://ift.tt/eQfT6Dq
September 20, 2022 at 09:30AM
Disentangling the Facts from the Hype of Quantum Computing
Few fields invite as much unbridled hype as quantum computing. Most people’s understanding of quantum physics extends to the fact that it is unpredictable, powerful, and almost existentially strange. A few years ago, I provided IEEE Spectrum an update on the state of quantum computing and looked at both the positive and negative claims across the industry. And just as back in 2019, I remain enthusiastically optimistic today. Even though the hype is real and has outpaced the actual results, much has been accomplished over the past few years.
Link: https://ift.tt/vC5UFcA
September 20, 2022 at 10:30AM
Using Q# to estimate resources needed for quantum advantage in derivative pricing
At Goldman Sachs, our Research and Development team is always looking to push forward the cutting edge in technology for financial services. While quantum computing remains in an early stage, the promise of the technology means that we are actively researching where and how it can be applied in the future. A key approach here is for us to “work backward.” We start with a valuable, well-defined mathematical problem in finance that we can pair with a theoretical computational advantage for quantum computers.
Link: https://ift.tt/smwfhDX
September 20, 2022 at 10:30AM
Classiq expands Series B to $49M and Announces Japan and Europe Offices
TEL AVIV, Israel--(BUSINESS WIRE)--Classiq, the leader in quantum computing software, announces today another significant expansion of its series B round to $49M by Canadian-Israeli VC Awz Ventures, from an initial closing of $36M by strategic investors—in the largest quantum software round to dat
Link: https://ift.tt/gcO023S
September 20, 2022 at 04:30PM
Quantropi Announces General Availability of its QiSpace™ Quantum-Secure Cryptography Platform, Unique IoT Offerings, More Major Milestones
Asymmetric encryption product MASQ™ provides Novel PQC Algorithms, full support for NIST PQC Finalists, significantly outperforms NIST PQCs All QiSpace™ cryptographic capabilities commercially available for IoT and Embedded Devices Canadian quantum communications start-up continues accelerating
Link: https://ift.tt/olOYUQS
September 20, 2022 at 11:30PM
QCI Launches Subscription Service for its Dirac 1 Entropy Quantum Computer (EQC)
LEESBURG, Va., September 20, 2022 – Quantum Computing Inc. (QCI) (NASDAQ: QUBT), a leader in accessible quantum computing, today announced the launch of a subscription service that provides enterprises with access to its industry-leading Dirac 1 Entropy Quantum Computing (EQC) system.
Link: https://ift.tt/6xboawA
September 21, 2022 at 12:30AM
Harvest Now, Decrypt Later Attacks Pose Security Concern for Quantum Computing – Press Release
NEW YORK, Sept. 20, 2022 — Just over half of responding professionals at organizations considering quantum computing benefits believe that their organizations are at risk for “harvest now, decrypt later” (HNDL) cybersecurity attacks (50.2%), according to a new Deloitte poll.
Link: https://ift.tt/qnzmFTM
September 21, 2022 at 12:30AM
Novo Nordisk Foundation launches major investment to develop the first quantum computer dedicated to life sciences research and the green transition
COPENHAGEN, Denmark, Sept. 21, 2022 /PRNewswire/ -- The Novo Nordisk Foundation has awarded a grant of US$ 200 million (DKK 1.5 billion) to establish the first full-scale quantum computer for the development of new medicines and provide new insights into climate change and the green transition, which is not possible with classical computers today.
Link: https://ift.tt/gITeWfB
September 21, 2022 at 10:30AM
Hitachi's quasi-quantum computer to speed plastics research
TOKYO -- Japanese plastics maker Sekisui Chemical will use Hitachi's so-called quasi-quantum computer to accelerate research on new materials by sifting a wide range of compounds to select the best candidates.
Link: https://ift.tt/EryO5Vl
September 21, 2022 at 03:30PM
Practical Resources for QML by Neil Ortega
Quantum machine learning (QML) aims to address some fundamental limitations of classical ML, like computational complexity issues, etc. Uses a bottom-up approach - starts with math fundamentals like linear algebra, statistics, etc. before tackling ML/DL algorithms
Link: https://ift.tt/SyqOr2a
September 21, 2022 at 04:30PM
Quantum memory device could make real-world quantum internet possible
A compact device that manipulates atoms to store quantum information could be a step towards building a quantum internet that could transmit exceptionally secure information across fibre-optic cables.
Link: https://ift.tt/qvbQ6sx
September 21, 2022 at 10:30PM
Fundamental limits of quantum error mitigation
The inevitable accumulation of errors in near-future quantum devices represents a key obstacle in delivering practical quantum advantages, motivating the development of various quantum error-mitigation methods.
Link: https://ift.tt/SGIMpFC
September 22, 2022 at 11:30AM
Achieving Supercomputing-Scale Quantum Circuit Simulation with the NVIDIA DGX cuQuantum Appliance
Quantum circuit simulation is critical for developing applications and algorithms for quantum computers.
Link: https://ift.tt/PIbZevT
September 22, 2022 at 03:30PM
PsiQuantum Has A Goal For Its Million Qubit Photonic Quantum Computer To Outperform Every Supercomputer On The Planet
In 2009, Jeremy O'Brien, a professor at the University of Bristol, published a research paper describing how to repurpose on-chip optical components originally developed by the telecom industry to manipulate single particles of light and perform quantum operations.
Link: https://ift.tt/0Hm7jpZ
September 22, 2022 at 04:30PM
SES, ESA and European Commission Partnering to Deliver Satellite Quantum Cryptography System for European Cybersecurity
LUXEMBOURG--(BUSINESS WIRE)--An SES-led consortium of 20 European companies, with the European Space Agency (ESA) and European Commission support, will design, develop, launch and operate the EAGLE-1 satellite-based end-to-end system for secure Quantum Key Distribution (QKD), enabling in-orbit valid
Link: https://ift.tt/tl9E5pm
September 23, 2022 at 10:30AM
Can quantum computing really disrupt the pharma industry?
Quantum computing has been getting a lot of attention from investors in the last two years. One of the earliest — and most lucrative — applications could be in the pharma industry, and in particular for drug discovery.
“The pharma industry spends about 15% of its revenues on R&D. That is a huge amount of money. If quantum computing were to be used for only 1% of this work, it would be a fairly sizeable market,” says Oliver Kahl. He’s a principal at MIG Capital, a German VC firm that has invested in IQM, one of Europe’s biggest quantum startups.
Link: https://ift.tt/WvEoTCQ
September 23, 2022 at 07:30PM
What is the quantum threat, and what can you do about it?
We are approaching the end of the third quarter of 2022. Quite likely, you may have already heard about the upcoming transition to quantum-safe cybersecurity as an urgent response to the cybersecurity threats posed by quantum computers.
Link: https://ift.tt/OtXETe6
September 23, 2022 at 08:30PM
Quantum Physics Titans Win Breakthrough Prize
As billions of dollars pour into quantum computing and countries build communication networks secured by quantum encryption, the prominence of quantum information science has become increasingly hard to ignore.
Link: https://ift.tt/ZkiDypo
September 23, 2022 at 11:30PM
Is the finance sector quantum ready?
Quantum computing will have a huge impact on the finance industry, but which of the big companies are ready? (Photo by solarseven/Shutterstock) It is an important year for quantum computing, according to GlobalData’s Technology, Media and Telecoms Predictions 2022.
Link: https://ift.tt/MwP39md
September 23, 2022 at 11:30PM
QuiX Quantum wins €14 million contract with the German Aerospace Center to deliver a Universal Quantum Computer
QuiX Quantum will deliver 8- and 64-qubit fully Universal Quantum Computers based on photonics, integrating the existing technologies from their processors with sources, detectors, and feedforward to create a modular Photonic Quantum Computer.
Link: https://ift.tt/Er3XNio
September 24, 2022 at 11:30AM
How Mathematical Curves Enable Advanced Communication
A simple geometric idea has been used to power advances in information theory, cryptography and even blockchain technology.
Link: https://ift.tt/GrlzjMn
September 24, 2022 at 03:30PM
Searching for Signs of Life in Space with Quantum Computers
Despite centuries of alleged UFO sightings and the concerted efforts of SETI, there is still zero convincing evidence that extraterrestrial life exists. However, that could soon change. Today, we are working with the University of Hull to add a new lens to the search for life: quantum computers.
Link: https://www.zapatacomputing.com/quantum-in-space/
September 24, 2022 at 08:30PM