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, water, and methane, demonstrating its versatility and hardware-agnostic nature.
During the Quantum Korea 2024 event, Qunova demonstrated its capability by producing energy estimations of lithium sulfide over three consecutive days, showcasing the algorithm’s reliability and efficiency. This accomplishment opens new possibilities for industrial users in fields such as chemical and pharmaceutical R&D, providing a pathway to quantum advantage with devices as small as 40-60 qubits. Qunova’s breakthrough could help reduce R&D costs and speed up the discovery of new materials and drugs, signaling a major step forward for quantum computing applications.
For more details, visit Qunova Computing’s press release here.
October 14, 2024
