In 2017, Zapata Computing spun out of Harvard to develop quantum software and algorithms for business and they have received over $26 million in funding.
A quantum computing start-up company called Zapata has worked with IBM to develop a new way to factor large numbers, using it on the largest number that has been factored with a quantum computer so far. The team found that 1,099,551,473,989 is equal to 1,048,589 multiplied by 1,048,601.
Read more: https://www.newscientist.com/article/2227387-quantum-computer-sets-new-record-for-finding-prime-number-factors/#ixzz687H0BZf3
The $21 million round was led by Prelude Ventures and Comcast Ventures, and included participation from Pillar VC, The Engine, BASF Venture Capital, Pitango Ventures and Robert Bosch Venture Capital. The raise will bring the company’s total funding to about $26.45 million.
Zapata’s scientists helped create the field of near-term quantum algorithms including the invention of VQE, the progenitor of variational quantum algorithms. They use this expertise to solve customer problems.
Zapata’s focus right now is on applications where quantum computing can offer some advantages over traditional supercomputing, particularly in three key areas: simulation of chemical reactions, machine learning and optimization problems, which are of particular interest in areas like logistics and planning.
Zapata’s product is Orquestra™ which is a Quantum Platform. You can use it to compose quantum workflows and execute them across the full range of quantum technologies.
Zapata is developing powerful, hardware-agnostic solutions for a wide range of industries including chemistry, finance, logistics, pharmaceuticals, engineering, and materials.
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.
Seldom. Mostly cats. Getting the greyhound ad, too.
Well, an improvement but still far away from what classical computers have managed. Numbers with about 300 digits have been factorized…
https://en.wikipedia.org/wiki/Integer_factorization_records
No, that’s forbidden.
If using the word “supremacy” will confuse illiterate people with “racial supremacy” then using the word “classical” or “classic” will confuse them with everything from “classic rock” “classical music” to “classical Greece”.
You are getting the greyhound ad too? I thought it was just because I’d accidentally watched too many pets-doing-stupid-things videos or something.
Alternatively, we’ve ALL watched too many pets-doing-stupid-things videos.
and the answer is 42!!!!
hrmmmm … because i come here to hear the quantum workflows bullshit first and to learn the 5 things to know before getting a greyhound.
There are lots of other algorithms, some of which can’t be cracked by quantum computers.
In the end the 2nd law of thermodynamics is on the side of people doing the encryption and is working against people who are trying to break encryption.
http://www.smbc-comics.com/comic/classical
It’s a directional calculation. 5 dollar calculator to go in one direction, 25 million dollar quantum computer to go in the other direction.
Prime factoring is one method of encrypting messages. And it is (apparently) the most widely used at this point.
But it is only one of many different methods. If prime factoring becomes crackable then people will just move on to another encryption algorithm.
The only problem would be those messages that were sent before the changeover, that might have been recorded.
The problem is finding those factors from the product.
No more secrets…
FYI be careful about how you refer to quantum advancements… LOL.
https://www.nature.com/articles/d41586-019-03781-0
Anybody with a cheap 5 dollar calculator Knows the product of a million times a million…