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 …
60 graphical processing units (GPUs) have been used to solve the Google quantum supremacy computer problem. Researchers generated one million correlated bitstrings with some entries fixed, from the Sycamore circuit with 53 qubits and 20 cycles, with linear cross-entropy benchmark (XEB) fidelity equals 0.739, which is much higher than those in Google’s quantum supremacy experiment. …
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 …
Honeywell has upgraded the commercial trapped ion quantum computer System Model H1 and achieved a quantum volume of 512. This is four times higher than when it was released in September 2020 with a quantum volume of 128. This is the highest measured on a commercial quantum computer to date. It is the third time …
Microsoft’s Quantum Lab located at the University of Sydney made breakthroughs in qubit control technology that allow us to scale beyond the physical limitations of current conventional systems. They now have the ability to control up to 50,000 qubits through simply three wires, a cryogenic CMOS design, and a 1cm2 chip computing at near absolute …
Quantum Supremacy Using a Programmable Superconducting Processor
Fujitsu calls its quantum device a quantum-inspired Digital Annealer. It is classical hardware emulating systems. They are trying to solve a complex combinatorial optimization problem currently unsolvable by conventional computers in practical timeframe. Fujitsu’s research scientists are leveraging quantum algorithms on digital circuit-based architecture. Inspired by the quantum phenomena within silicon architectures, they have used …
Cambridge Quantum Computing is developing quantum software and quantum security systems.
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 …
Current Noisy Quantum Computers have success rates of 3% to 90% depending upon the type of program or algorithm. A new quantum compiler will improve the success rates by an average of 3 times and up to 18 times.
IBM Q System One enables universal approximate superconducting quantum computers to operate outside the research lab for the first time. It’s a major step forward in the commercialization of quantum computing, which could one day enable breakthroughs in such areas as materials and drug discovery, financial services, and artificial intelligence. The IBM Q System One …
