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Press releases
Press releases from Quantum Computing industry
Projects Involve both Universities and National Laboratories Today, the U.S. Department of Energy (DOE) announced $60.7 million in funding to advance the development of quantum computing and networking. “We are on the threshold of a new era in Quantum Information Science and quantum computing and networking, with potentially great promise for science and society,” said Under Secretary of Science Paul Dabbar. “These projects will help ensure U.S. leadership in these important new areas of...
Together with CWI, Radboud University and other international partners, IBM Research has developed quantum-safe algorithms for securing data. The new algorithms, which are part of the CRYSTALS suite, are based on the hardness of mathematical problems that have not succumbed to any algorithmic attacks, either classical or quantum. The team made them open-source and submitted them to the National Institute of Standards and Technology (NIST) as a candidate for standardization. IBM has now...
Addressing Optimization Problems, Identifying Patterns in Data, and Conducting Complex Simulations are Capabilities that will Drive the Global Market for Enterprise Quantum Computing. Quantum computing can best be defined as the use of the attributes and principles of quantum mechanics to perform calculations and solve problems. The global market for quantum computing is being driven largely by the desire to increase the capability of modeling and simulating complex data, improve the efficiency...
Fujitsu today announces the successful conclusion of a loan portfolio management Proof of Concept (PoC) with Commerzbank’s research and development unit, main incubator (1), leveraging the Fujitsu quantum computing-inspired Digital Annealer. Focusing on receivables from vehicle leasing contracts, the PoC optimized the selection process for a loan portfolio. Optimizing asset-backed securities Receivables from leasing contracts are sold to investors by car manufacturers in order to...
Atos, a global leader in digital transformation, today announced the delivery of Quantum-Learning-as-a-Service (QLaaS) to Xofia to help develop quantum-powered artificial intelligence solutions for the enterprise. Xofia is a startup based in Houston that combines artificial intelligence with quantum-based algorithms to implement problem-solving strategies to create a futuristic platform for the enterprise. Engaging Atos’ QLaaS model, Xofia’s research and development team will access a remote...
Quantum Computing Inc. (OTC/QUBT) announced today that it will be presenting at the 4th annual Disruptive Growth Conference on Thursday, September 5th at 2:20pm EST. Robert Liscouski, (CEO of Quantum Computing Inc.) will be presenting, as well as meeting with investors. The 2018 Disruptive Growth Conference will offer the exclusive opportunity to discover growth companies with disruptive technologies and business models covering the following sectors: communications, consumer,...
The U.S. Department of Energy has awarded researchers at its Fermi National Accelerator Laboratory more than $3.5 million to boost research in the fast-emerging field of Quantum Information Science. “Few pursuits have the revolutionary potential that quantum science presents,” said Fermilab Chief Research Officer Joe Lykken. “Fermilab’s expertise in quantum physics and cryogenic engineering is world-class, and combined with our experience in conventional computing and networks, we can advance...
Contribution to SLAC-led research project for more exact photochemical simulations to spur significant commercial applications. QC Ware, along with other members of a SLAC National Accelerator Laboratory-led research consortium, has been awarded a U.S. Department of Energy grant to use quantum computing to better understand complex material and chemical systems. QC Ware is the only quantum software company included in the collaborative project. Its high level of expertise in quantum algorithms...
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