Search results for: IQM

Qunova Computing, a quantum software company, has achieved a significant milestone by reaching ‘chemical accuracy’ in quantum chemistry simulations on commercially available quantum computers. This was demonstrated through tests on multiple quantum machines, including IQM’s 20-qubit system, IBM’s 24-qubit Quantum Eagle processor, and AQT’s IBEX Q1 ion-based machine, marking the first time chemical accuracy has been achieved on NISQ (Noisy Intermediate-Scale Quantum) devices. Qunova’s new “HiVQE” (Handover Iteration VQE) algorithm, which significantly reduces the computational resources required by 1,000 times compared to traditional methods, was crucial in this achievement. The algorithm was successfully applied to molecules like lithium sulfide, hydrogen sulfide, [...]

By Amara Graps In my Part 1 article, I concluded that there are parts of the German Quantum Technology Ecosystem, that look fragmented. Those will have an effect on Investments; let’s take a look. Quantum Technology Investments in Germany In GQI’s Investment Tracker, you can isolate countries, and with calendar date periods, you can study that country’s quantum investment record for configured dates. Here is the full record for Germany: Figure. From GQI’s Investment Tracker where a country-by-country assessment can be made. (*) The “Investor’s Overview” above this screen a gives you a graphical view of the type and direction of [...]

Recent news items published within the last 6 months on quantum computing developments are listed below. Click on the hyperlinked item to go to the press release or news article for more details. For older news items published in 2023 click here, for 2022 click here, for 2021 click here, for 2020 click here, for 2019 click here, for 2018 click here, and for items published in 2015-2017, click here. October 29, 2024ORCA Computing Launches PT-2 Photonic Quantum System with AI CapabilitiesTELUS has partnered with Photonic Inc., a British Columbia-based company, to develop next-generation quantum communications. This collaboration provides Photonic with dedicated access to a 30-kilometre fibre-optic network [...]

Part 2: Colocation, High Performance Computers, and Co-Design Conceptual Picture of an HPC/Quantum Data Center. Credit: QuEra by Amara Graps The hybrid classical-quantum computing environments present a bewildering variety of functionality. Here, we continue to show where and how you might see this activity. Colocation and High Performance Computers You may hear the term colocation, with Quantum Computing as a Service (QCaaS), as these qubits are joined with High Performance Computers (HPC), i.e., classical systems (bits), to provide an environment well-suited for hybrid classical-quantum computing. The joining of HPCs with quantum computers is a good fit, as seen in these two [...]

Rendering of the Illinois Quantum and Microelectronics Park. | Credit: Lamar Johnson Collaborative PsiQuantum announced a partnership with the State of Illinois, Cook County, and the City of Chicago to build a US-based utility-scale, fault-tolerant quantum computer at the former US Steel South Works site in Chicago. This project will anchor the newly established Illinois Quantum and Microelectronics Park (IQMP), enhancing the state’s quantum ecosystem, including UIUC, the University of Chicago, Argonne and Fermi national labs, and DARPA. Groundbreaking for the site is expected to happen in 2025 with several years of construction to follow. PsiQuantum already has plans on installing [...]

VTT Technical Research Centre of Finland has initiated a search for an innovation partner to help scale Finland’s next quantum computer to 300 superconducting qubits. This co-development project aims to optimize the quantum computer for solving mathematical problems, particularly in new material development. The Finnish government has pledged financial support for this procurement. The deadline to submit an application for consideration is August 2, 2024 with an anticipated final selection projected to occur after several review phases in early 2025. Currently, VTT and its current partner, IQM, have developed 5- and 20-qubit quantum computers, with a 50-qubit system set to launch [...]

Germany has launched its first hybrid quantum computer at the Leibniz Supercomputing Centre (LRZ). The 20-qubit quantum processor unit, developed by IQM Quantum Computers, has been successfully integrated with the SuperMUC-NG supercomputer. This integration marks a significant technological milestone, proving the compatibility of quantum and conventional computing technologies and demonstrating their potential for enhanced computational power. The Q-Exa project, funded by the Federal Ministry of Education and Research (BMBF) with over 40 million Euros ($43M USD), aims to advance high-performance computing by combining it with quantum processing units (QPUs). This project was first announced in November 2021 when IQM was selected [...]

By Michael Baczyk On-Premise Deployments on the Rise The past month alone has seen several significant deals that showcase the increasing adoption of on-premise quantum computers. IBM announced that the Japanese research institute Riken has chosen to install an IBM Quantum System Two processor at its facility, which will be integrated with Riken's Fugaku supercomputer. The project has attracted funding from Japan's New Energy and Industrial Technology Development Organization (NEDO) and will involve collaborators such as SoftBank, the University of Tokyo, and Osaka University. Meanwhile, QuEra Computing secured a substantial order worth 6.5 billion yen ($41M USD) from Japan's National Institute [...]

Qiskit Overview. Credit: IBM In the world of software, there is a concept known as Semantic Versioning to indicate the version number of the software that can indicate both the maturity of the software and the level of changes in the software when a new version is released. Typically, version labelled 0.xxx are known as early software, possible in a beta stage, that can be expected to see significant updates before it becomes a stable and released product. So, it is a big deal when a software product moves from 0.xxx to a 1.0 level which indicates the software at a [...]