Quantum chemistry is very hard. The best quantum computing chemistry seems to be at the level of 12 qubits / 12 atoms. Supercomputer simulations can handle 20 qubits and 20 atoms simulation. There are early papers that suggest classical supercomputers can get to 100 atoms and 1000 qubit for some types of simulation. Quantum computers …
There has been many billions of dollars invested into quantum computing. The picture above is partial view of the companies and institutions working toward quantum computing. William Oliver of MIT gave an overview of the status of Quantum Computing as of late 2021. There had been experimental indications that the 1 and 2 qubit systems …
IonQ has received over $400 million in funding from Venture capitalists and an IPO. They presented their work at the 2021 QBWare conference. I, Brian Wang, will go going to the 2022 QBWare conference. IonQ indicates that their near term quantum computing systems can reach qubit fidelity of 99.98%. This means they are close to …
IonQ went public and is currently valued at $3.4 billion and was briefly over $6 billion in market value. IonQ plans to use barium ions as qubits in its systems, bringing about a wave of advantages it believes will enable advanced quantum computing architectures. IonQ has built its systems to date with ytterbium ions. Now, …
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 …
IonQ unveiled the first Reconfigurable Multicore Quantum Architecture (RMQA) technology, a breakthrough in quantum computing. It is starting with the demonstration of 4 chains of 16 ions each that can be dynamically configured into quantum computing cores. IonQ believes this can scale qubit count into the triple digits on a single chip, as well as …
Peter Chapman, CEO and president at IonQ, discusses IonQ going public via a special purpose acquisition company deal with dMY Technology Group. IonQ will have a market capitalization of $2 billion. Chapman believes quantum computing will become mainstream and real-life issues it can solve. Quantum computing is very good at optimization problems with a cost …
IonQ trapped ion quantum computer is completing a $2 billion SPAC merger which will give it about $600 million in cash to fund its quantum computer developments. IonQ indicates that its 32 qubit trapped ion quantum computer can achieve a quantum volume of 4 million. Honeywell has the leading commercial quantum computer (also trapped ion) …
IonQ will merge dMY Technology Group III, a Special Purpose Acquisition Company. The deal will close in a few months after a review by the SEC and a shareholder vote. IonQ will be worth an estimated $1993 million after the deal. 64% or $1275 mlllion will be owned by IonQ pre-transaction shareholders. IonQ is the …
The EU has a one billion euro ten-year project to develop Quantum technologies. The EU has a long-term plan for a Quantum Web. A Quantum Web would have Quantum computers, simulators and sensors interconnected via quantum networks distributing information and quantum resources such as coherence and entanglement. The EU does not expect to complete a …
Quantum Supremacy is defined as the point when quantum computers become faster than regular computers. Quantum computers can become thousands of times more powerful when the number of qubits are doubled. In December, 2018, IonQ announced at the Q2B conference that they had loaded trapped ion systems with 79 qubits for processing and 160 qubits …