Quantum information science

IonQ Adds Integration with Google Cirq, Making IonQ’s Leading Systems Operable with all Major Quantum Software Frameworks

Retrieved on: 
Thursday, June 10, 2021

IonQ, Inc. (IonQ), the leader in trapped-ion quantum computing, today announced the full integration of its quantum computing platform with Cirq , a leading open-source quantum computing framework from Google.

Key Points: 
  • IonQ, Inc. (IonQ), the leader in trapped-ion quantum computing, today announced the full integration of its quantum computing platform with Cirq , a leading open-source quantum computing framework from Google.
  • Volkswagen Group has already run the paint shop problem on IonQ via Cirq and found the performance to be consistent with other quantum software frameworks.
  • Volkswagen has shown that developing in Cirq on IonQ has real benefits for real problems faced by development teams.
  • By integrating with Cirq, and supporting all major quantum language and software frameworks, IonQ is further lowering barriers to entry by researchers, developers, and innovators.

BBVA and Zapata Computing Release Study Showing the Potential to Speed Up Monte Carlo Calculations for Credit Valuation Adjustments with Quantum Computing

Retrieved on: 
Wednesday, June 9, 2021

The projects aim was to identify challenges and opportunities for quantum algorithms to speed up Monte Carlo simulations in finance.

Key Points: 
  • The projects aim was to identify challenges and opportunities for quantum algorithms to speed up Monte Carlo simulations in finance.
  • Monte Carlo simulations are commonly used for credit valuation adjustment (CVA) and derivative pricing.
  • Zapata and BBVAs research reveals practical ways for quantum algorithms to speed up the Monte Carlo simulation process.
  • Zapata partners closely with hardware providers across the quantum ecosystem such as Amazon, Google, Honeywell, IBM, IonQ, Microsoft and Rigetti.

Qrypt Makes First Step Toward Widespread Quantum Secure Cryptography Through the Cloud

Retrieved on: 
Wednesday, June 9, 2021

The Cloud Entropy Portal democratizes the availability of quantum safe random numbers for any application, especially cryptographic key generation.

Key Points: 
  • The Cloud Entropy Portal democratizes the availability of quantum safe random numbers for any application, especially cryptographic key generation.
  • In addition to the Cloud Entropy Portal, Qrypt will soon unveil additional quantum data-at-rest and data-in-motion SDKs for any business, organization, or government agency to integrate quantum security into their applications.
  • Qrypts technology massively scales quantum secure encryption, avoiding the high infrastructure investment in proprietary Quantum Key Distribution (QKD) appliances.
  • With a team of seasoned leaders in engineering, physics, and cryptography, Qrypt built a patented and peer-reviewed quantum cryptography solution and Entropy-as-a-Service for global business.

Cambridge Quantum and Honeywell Quantum Solutions to Combine, Creating World's Leading Integrated Quantum Computing Company

Retrieved on: 
Tuesday, June 8, 2021

New company will be led byCambridge Quantum founder Ilyas Khan as Chief Executive with Tony Uttley, of Honeywell Quantum Solutions as President.

Key Points: 
  • New company will be led byCambridge Quantum founder Ilyas Khan as Chief Executive with Tony Uttley, of Honeywell Quantum Solutions as President.
  • Cambridge Quantum Computing ( CQ ), a global leader in quantum software and algorithms, today announced they have entered into a definitive agreement under which Cambridge Quantum will combine with Honeywell Quantum Solutions (HQS), a Honeywell business unit and maker of the highest performing quantum computer currently available.
  • Honeywell has been an investor in and commercial partner with Cambridge Quantum since 2019.
  • Founded in 2014 and backed by some of the world's leading quantum computing companies, CQ is a global leader in quantum software and quantum algorithms, enabling clients to achieve the most out of rapidly evolving quantum computing hardware.

Cambridge Quantum and Honeywell Quantum Solutions to Combine, Creating World's Leading Integrated Quantum Computing Company

Retrieved on: 
Tuesday, June 8, 2021

New company will be led byCambridge Quantum founder Ilyas Khan as Chief Executive with Tony Uttley, of Honeywell Quantum Solutions as President.

Key Points: 
  • New company will be led byCambridge Quantum founder Ilyas Khan as Chief Executive with Tony Uttley, of Honeywell Quantum Solutions as President.
  • Cambridge Quantum Computing ( CQ ), a global leader in quantum software and algorithms, today announced they have entered into a definitive agreement under which Cambridge Quantum will combine with Honeywell Quantum Solutions (HQS), a Honeywell business unit and maker of the highest performing quantum computer currently available.
  • Honeywell has been an investor in and commercial partner with Cambridge Quantum since 2019.
  • Founded in 2014 and backed by some of the world's leading quantum computing companies, CQ is a global leader in quantum software and quantum algorithms, enabling clients to achieve the most out of rapidly evolving quantum computing hardware.

Honeywell Quantum Solutions And Cambridge Quantum Computing Will Combine To Form World's Largest, Most Advanced Quantum Business

Retrieved on: 
Tuesday, June 8, 2021

CHARLOTTE, N.C., June 8, 2021 /PRNewswire/ --Honeywell (NASDAQ: HON) announced today that Honeywell Quantum Solutions (HQS) and Cambridge Quantum Computing (CQC), two world-leading quantum computing and quantum technology businesses, will combine to form the largest, most advanced standalone quantum computing company in the world, setting the pace for what is projected to become a $1 trillion quantum computing industry over the next three decades.

Key Points: 
  • CHARLOTTE, N.C., June 8, 2021 /PRNewswire/ --Honeywell (NASDAQ: HON) announced today that Honeywell Quantum Solutions (HQS) and Cambridge Quantum Computing (CQC), two world-leading quantum computing and quantum technology businesses, will combine to form the largest, most advanced standalone quantum computing company in the world, setting the pace for what is projected to become a $1 trillion quantum computing industry over the next three decades.
  • The new company will offer the world's highest performing quantum computer and a full suite of quantum software, including the first and most advanced quantum operating system.
  • After the transaction is complete, Honeywell will own a majority stake in the new company, with commensurate governance rights.
  • Over the last decade, Honeywell has incubated its quantum business from the idea stage to commercial launch.

Prasaga and Quantum Generation Have Partnered, Bringing Sharding to Space-Based Communications

Retrieved on: 
Monday, June 7, 2021

The collaboration will leverage the fully scaling Prasaga DataGrid Blockchain (DGB) and QUBIT Blockchain(R) (QB) quantum technology to revolutionize communications, Fintech, iD and voting applications.

Key Points: 
  • The collaboration will leverage the fully scaling Prasaga DataGrid Blockchain (DGB) and QUBIT Blockchain(R) (QB) quantum technology to revolutionize communications, Fintech, iD and voting applications.
  • Pragasa and Quantum Generation (QG) have announced a partnership to bring sharding to space-based communications.
  • Quantum Generation (QG) will deploy their Quantum Space-Based Business Solutions and proprietary QUBIT Blockchain (QB) on the Prasaga DataGrid Blockchain (DGB) and utilize the Presaga DataGrid Token (DGT) for transaction settlement.
  • QG will offer applications in jurisdictional agility, communications, Fintech, voting, iD and quantum technologies all on the Prasaga DataGrid Blockchain (DGB).

Prasaga and Quantum Generation Have Partnered, Bringing Sharding to Space-Based Communications

Retrieved on: 
Sunday, June 6, 2021

The collaboration will leverage the fully scaling Prasaga DataGrid Blockchain™ (DGB) and QUBIT Blockchain® (QB) quantum technology to revolutionize communications, Fintech, iD and voting applications.

Key Points: 
  • The collaboration will leverage the fully scaling Prasaga DataGrid Blockchain™ (DGB) and QUBIT Blockchain® (QB) quantum technology to revolutionize communications, Fintech, iD and voting applications.
  • Pragasa and Quantum Generation (QG) have announced a partnership to bring sharding to space-based communications.
  • He continued:
    The Prasaga and Quantum Generation (QG) collaboration will see a listing on the QUBIT Exchange.
  • QG will offer applications in jurisdictional agility, communications, Fintech, voting, iD and quantum technologies all on the Prasaga DataGrid Blockchain (DGB).

UK STFC Hartree Centre and IBM Begin Five-Year, £210 Million Partnership to Accelerate Discovery and Innovation with AI and Quantum Computing

Retrieved on: 
Friday, June 4, 2021

New Hartree National Centre for Digital Innovation willbring together innovative AI, quantum computing and the expertise of STFC Hartree Centre and IBM to benefit UK industry and research communities

Key Points: 
  • New Hartree National Centre for Digital Innovation willbring together innovative AI, quantum computing and the expertise of STFC Hartree Centre and IBM to benefit UK industry and research communities
    DARESBURY, United Kingdom, June 3, 2021 /PRNewswire/ --Science Minister Amanda Solloway has unveiled a five-year, 210 million partnership with IBM (NYSE: IBM ).
  • Quantum scientists at the Centre will help grow the quantum ecosystem with a focus on advancing quantum skills across the UK and support UK industry to realize the potential of quantum computing technologies.
  • As part of UK Research and Innovation, the Hartree Centre is home to some of the most advanced computing, data and AI technologies in the UK.
  • IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients.

UK STFC Hartree Centre and IBM Begin Five-Year, £210 Million Partnership to Accelerate Discovery and Innovation with AI and Quantum Computing

Retrieved on: 
Friday, June 4, 2021

New Hartree National Centre for Digital Innovation willbring together innovative AI, quantum computing and the expertise of STFC Hartree Centre and IBM to benefit UK industry and research communities

Key Points: 
  • New Hartree National Centre for Digital Innovation willbring together innovative AI, quantum computing and the expertise of STFC Hartree Centre and IBM to benefit UK industry and research communities
    DARESBURY, United Kingdom, June 4, 2021 /PRNewswire/ --Science Minister Amanda Solloway has unveiled a five-year, 210 million partnership with IBM (NYSE: IBM ).
  • Quantum scientists at the Centre will help grow the quantum ecosystem with a focus on advancing quantum skills across the UK and support UK industry to realize the potential of quantum computing technologies.
  • As part of UK Research and Innovation, the Hartree Centre is home to some of the most advanced computing, data and AI technologies in the UK.
  • IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients.