The Quantum Wave Fund has raised over $30 million to invest and aims to collect $100 million.
Quantum physics does indeed offer some intriguing ideas about how fiber optic data links, the Internet’s backbone, could be made more capacious and secure. New ways to handle individual or small groups of photons could allow existing fiber optics to carry more data, for example (see “A Quantum Communications Switch”). Prototype systems that use quantum properties of light to create unbreakably secure communications links (see “Quantum Cryptography for the Masses”) might be made more practical, allowing them to become widespread.
As for the prospect of computers based entirely on quantum computing, Kouzmine says it is distant, despite the claims of the Canadian start up company, D-Wave Systems. “It’s a tough question if you talk about general purpose computing,” he says. “Quantum computing is sort of our ultimate goal, but we try to focus on what exists today. We invest in companies that already have a product first customers and a team.”
However, Kouzmine adds that more limited applications of quantum computing are conceivable. “Think about quantum calculators. You don’t need to build a huge, complex device to take advantage of image recognition or code breaking.”
SOURCE – Technology Review
If you liked this article, please give it a quick review on ycombinator or StumbleUpon. Thanks
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.