Latest Quantum News

Visa, JPMorgan Are Already Preparing For Potential Quantum Cyberattacks

A powerful quantum computer could be capable of breaking the internet’s most commonly used cryptography.

WSJ

10/13/2020

IEEE Quantum Week: Intel Highlights Full-Stack Quantum Research

During the IEEE International Conference on Quantum Computing and Engineering this week, Intel is presenting a body of research highlighting its full-stack approach to quantum innovation spanning hardware, software and algorithm development. Collectively, the body of work highlights important advances across all these areas, which are critical to build scalable commercial-grade quantum systems that can run useful applications.

INTEL

10/12/2020

IBM Dumping IT Services to Focus on Cloud And Quantum Computing

International Business Machines, still the legal name of century-plus-old IBM, has managed over the years to pull off a dubious feat. Despite selling goods and services in one of the most dynamic industries in the world, the IT sector the company helped create, it has managed to avoid growing.

FORTUNE

10/09/2020

12 European Companies And Research Labs Join Forces to Boost Industrial Quantum Computing Applications

The NExt ApplicationS of Quantum Computing (NEASQC) project brings together a multidisciplinary consortium of academic and industry experts in Quantum Computing, High Performance Computing, Artificial Intelligence, chemistry and energy management. NEASQC aims to demonstrate that, though the millions of qubits that will guarantee fully fault-tolerant quantum computing are still far away, there are practical use cases for the NISQ (Noisy Intermediate- Scale Quantum) devices that will be available in the near future. NISQ computing can deliver significant advantages when running certain applications, thus bringing game-changing benefits to users, and particularly industrial users.

HPCWIRE

10/05/2020

New Algorithm Could Unleash Power of Quantum Computers

A new algorithm that fast forwards simulations could bring greater use ability to current and near-term quantum computers, opening the way for applications to run past strict time limits that hamper many quantum calculations.

LOS ALAMOS REPORTER

10/05/2020

Quantum Photonics Startup Nu Quantum Raises £2.1m From Amadeus Capital Partners

For Quantum cryptography and simulation to become real, the technology requires high-performance light-emitting and light-detecting components that operate at the single-photon level and at ambient temperature. One of the few companies operating in this rarified arena is Nu Quantum, the quantum photonics company, is a spin-out from the University of Cambridge.

TECHCRUNCH

10/05/2020

IonQ Announces Development of Next-generation Quantum Computer

IonQ, a College Park, Maryland-based quantum computing hardware and software company has announced that it has launched its next generation quantum computer. As part of its announcement, the company is claiming that its new machine is the most powerful quantum computer built to date based on IBM's quantum volume metric. The company has also announced that the new computer will be made available to customers soon.

PHYS

10/02/2020

What Quantum Computers Reveal About Innovation

In 1981 Richard Feynman, an American physicist, spoke at a computing conference, observing that “Nature isn’t classical, dammit, and if you want to make a simulation of nature, you’d better make it quantum mechanical, and by golly it’s a wonderful problem, because it doesn’t look so easy.”

The Economist

09/26/2020

Startup Debuts Software to Help Any Company Use ‘Quantum Algorithms’

A Boston-based startup has released software designed to make it easier for companies to use algorithms invented for quantum computing to improve business processes. The software has already been used by a number of banks and investment firms, including the Spanish bank BBVA, to optimize financial portfolios and to better assess risk. It has also been used by petrochemical companies to optimize their processes.

Fortune

09/24/2020