D-Wave Shifting to Gate Model Quantum Computer

D-Wave Systems revealed their next-generation quantum computing platforms will include both annealing and gate-model quantum computers. This is a significant shift because they were the pioneers in quantum computing but used something like an analog computer, called an annealer. D-Wave is responding to major competition with billion-dollar valuations and hundreds of millions in funding. IonQ …

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Leaders in Quantum Software and Quantum Hardware Have Merged

Cambridge Quantum, a leader quantum software, and Honeywell Quantum, a leader in trapped ion quantum hardware, have merged. The new company, which will be formally named in due course, will have a long-term agreement with Honeywell to help manufacture the critical ion traps needed to power the quantum hardware. Honeywell will invest between US$270million to …

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Faster Finance Simulations Via IonQ Quantum Computers

IonQ’s quantum computers are now powerful enough to demonstrate a state-of-the-art quantum algorithm from Goldman Sachs and QC Ware that could one day speed up Monte Carlo simulations. These simulations are key for problem solving in many industries, including finance, telecommunications, robotics, climate science, and drug discovery. Arxiv -Low depth amplitude estimation on a trapped …

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Kai Fu Lee’s Vision of the Future of 2041

Dr. Kai-Fu Lee has spent more than three decades at the cutting edge of artificial intelligence research, development, and investment in both the US and China. He is now managing a $3 billion Sinovation Ventures fund. Previously, Dr. Lee was the president of Google China and a senior executive at Microsoft, SGI, and Apple. Co-chair …

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Quantum Optical Computer

Xanadu Quantum Technologies is a Canadian quantum computing hardware and software with US$145 million of funding. In May, 2021, they raised US$100M in Series B financing. Bessemer Venture Partners led the round with participation from Capricorn, Tiger Global, BDC Capital, In-Q-Tel, along with returning investors Georgian, OMERS, and Tim Draper. The round brings Xanadu’s total …

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Strong Quantum Computational Advantage Using a Superconducting Quantum Processor

Scaling up to a large number of qubits with high-precision control is essential in the demonstrations of quantum computational advantage to exponentially outpace the classical hardware and algorithmic improvements. Chinese researchers develop a two-dimensional programmable superconducting quantum processor, Zuchongzhi, which is composed of 66 functional qubits in a tunable coupling architecture. To characterize the performance …

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Coldquanta Shows Immense Scalability of ‘Cold Atom’ Processor Approach With 100 Qubit Array

ColdQuanta, the leader in Cold Atom Quantum Technology, has achieved a significant milestone in the development of its Quantum Computer by trapping and addressing 100 qubits in a large, dense 2-D cold atom array. On track to be available later this year, the digital gate-based quantum computer (code named “Hilbert”) will be among the most …

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Reservoir Computing

Reservoir computing is an approach to make machine learning algorithms run faster. The word reservoir refers to a dynamical system. The reservoir consists of a bunch of recurrently connected units that are connected randomly. The main forms of reservoir computing use a recurrent neural network, and instead of updating all parameters of the network, it …

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China Made 62 Qubit Quantum Computer

University of Science and Technology of China claims to have made a 62 qubit using programmable superconductors. Science – Quantum walks on a programmable two-dimensional 62-qubit superconducting processor Abstract Quantum walks are the quantum mechanical analog of classical random walks and an extremely powerful tool in quantum simulations, quantum search algorithms, and even for universal …

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