Quantum computing

Qubit Pharmaceuticals and Sorbonne University achieve a major scientific breakthrough by simulating quantum calculations at more than 40 qubits on conventional computers

Retrieved on: 
Wednesday, December 6, 2023

Qubit Pharmaceuticals introduces its Hyperion-1 emulator, developed in close collaboration with Sorbonne University and capable of running accelerated and accurate quantum algorithms at over 40 qubits.

Key Points: 
  • Qubit Pharmaceuticals introduces its Hyperion-1 emulator, developed in close collaboration with Sorbonne University and capable of running accelerated and accurate quantum algorithms at over 40 qubits.
  • Paris, December 6th, 2023 - Qubit Pharmaceuticals, a deeptech company specializing in the discovery of new drug candidates through molecular simulation and modeling accelerated by hybrid HPC and quantum computing, announces a major scientific breakthrough after achieving quantum computations simulating 40 qubits with its new Hyperion-1 emulator.
  • This achievement reinforces Qubit Pharmaceuticals' ambition to become the industry reference in molecular modeling-based drug discovery.
  • Exceptional performance: Hyperion-1 has demonstrated outstanding performance in high-speed simulations of complex quantum circuits of up to 40 qubits, using moderate computing resources, i.e.

High Performance Computing (HPC) Market size to grow by USD 16.62 billion between 2022 - 2027 | Increasing utilization of big data analytics to drive the market - Technavio

Retrieved on: 
Tuesday, December 19, 2023

What is the projected size of the High Performance Computing (HPC) Market in the next five years?

Key Points: 
  • What is the projected size of the High Performance Computing (HPC) Market in the next five years?
  • The High Performance Computing (HPC) Market is projected to reach a value of USD 16.62 billion in 2027.
  • The global high performance computing market is experiencing growth primarily due to the expanding utilization of big data analytics.
  • Buy the report to get the details
    What are some of the challenges faced by the High Performance Computing (HPC) Market?

Aliro Quantum Introduces Aliro Simulator For Organizations Designing and Constructing The World’s First Quantum Networks

Retrieved on: 
Tuesday, December 12, 2023

Aliro Quantum today announced the controlled availability of Aliro Simulator , a versatile, modular quantum network simulator equipped to model all portions of a quantum network from the smallest optical components to the largest heterogeneous networks.

Key Points: 
  • Aliro Quantum today announced the controlled availability of Aliro Simulator , a versatile, modular quantum network simulator equipped to model all portions of a quantum network from the smallest optical components to the largest heterogeneous networks.
  • Aliro Simulator implements discrete event simulation, multiple quantum state computation backends, generic quantum and classical device components, optical components, noise models, networking concept abstractions, and support classes.
  • Organizations are able to determine proof of value for implementing an entanglement-based quantum network prior to purchasing actual quantum networking hardware and software.
  • Dr. Eric Ostby, Aliro Quantum Chief Product Officer, will also be speaking on Wednesday, December 13th at 4:30 PM on the DIA hosted Quantum Panel in Room C123-124.

2024 SPIE Startup Challenge Finalists to Showcase Innovative, Investment-ready Optics and Photonics Technologies and Applications

Retrieved on: 
Tuesday, December 5, 2023

The SPIE Startup Challenge is a competitive entrepreneurial platform for new businesses that utilize optics and photonics for innovative products or applications.

Key Points: 
  • The SPIE Startup Challenge is a competitive entrepreneurial platform for new businesses that utilize optics and photonics for innovative products or applications.
  • The seven 2024 SPIE Startup Challenge finalists and their technologies are:
    ClearVision: A non-invasive alternative to permanent vision-correction surgeries based on corneal sculpting with femtosecond laser technology.
  • The annual SPIE Startup Challenge provides a distinctive and vibrant platform for optics and photonics startups that are creating novel products, applications, and technologies.
  • Startup Challenge winners that have gone on to wider commercial success include Cellino Biotech , Double Helix Optics , PhotoniCare , C. Light Technologies , Circle Optics , and In A Blink .

Nokia and Celesta Capital Announce Major Strategic Partnership for Acceleration of Deep Technologies

Retrieved on: 
Monday, December 11, 2023

SAN FRANCISCO, Dec. 11, 2023 /PRNewswire/ -- Nokia and Celesta Capital today announced a long-term strategic partnership to accelerate the commercialization of deep technologies invented by Nokia Bell Labs, including advanced communications, AI and deep learning, next-generation semiconductor fabrication, sensors, and quantum computing. Celesta Capital will help cultivate and invest in key technologies incubated and developed within Nokia Bell Labs, to form commercially viable, independent venture-backed companies. The new partnership unites Nokia Bell Labs' robust IP portfolio and research prowess with Celesta Capital's unique expertise as a global deep tech investor and business builder.   

Key Points: 
  • SAN FRANCISCO, Dec. 11, 2023 /PRNewswire/ -- Nokia and Celesta Capital today announced a long-term strategic partnership to accelerate the commercialization of deep technologies invented by Nokia Bell Labs, including advanced communications, AI and deep learning, next-generation semiconductor fabrication, sensors, and quantum computing.
  • Celesta Capital will help cultivate and invest in key technologies incubated and developed within Nokia Bell Labs, to form commercially viable, independent venture-backed companies.
  • The new partnership unites Nokia Bell Labs' robust IP portfolio and research prowess with Celesta Capital's unique expertise as a global deep tech investor and business builder.
  • The core focus of the partnership will work to incorporate technology developed by Nokia Bell Labs into newly created companies.

POSCO Holdings and QC Ware Revolutionize Battery Simulation with Quantum Computing

Retrieved on: 
Thursday, December 7, 2023

POSCO Holdings and QC Ware revolutionize battery simulation with quantum computing.

Key Points: 
  • POSCO Holdings and QC Ware revolutionize battery simulation with quantum computing.
  • POSCO Holdings and QC Ware have joined forces on a grant from the Korean government to quantify the utility and advantage of quantum computers for the accurate and efficient simulation of candidate battery materials.
  • Earlier in the year, POSCO Holdings applied for the 'Quantum Advantage Challenge Research based on Quantum Computing' grant under the project titled 'Development of Simulation Technology for Eco-Friendly Material Based on Quantum Computing'.
  • With specialization in machine learning and chemistry simulation applications, QC Ware develops for both near-term quantum and state-of-the-art classical computing hardware.

Global FinFET Technology Strategic Business Report 2023: Market to Reach $97.1 Billion by 2030 - FinFET at Fulcrum of the GaN Wave with Potential to Power 5G Technology

Retrieved on: 
Tuesday, December 5, 2023

DUBLIN, Dec. 4, 2023 /PRNewswire/ -- The "FinFET Technology - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Dec. 4, 2023 /PRNewswire/ -- The "FinFET Technology - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
  • The global market for FinFET Technology estimated at US$26.4 Billion in the year 2022, is projected to reach a revised size of US$97.1 Billion by 2030, growing at a CAGR of 17.7% over the analysis period 2022-2030.
  • The report discusses the ongoing advancements in FinFET technology, driven by the demand for smaller yet faster processors.
  • The competitive landscape of the FinFET technology market is analyzed, with data on the global key competitors' percentage market share in 2023.

SandboxAQ Announces AI Simulation Collaboration with NVIDIA to Impact the Physical World

Retrieved on: 
Monday, November 20, 2023

PALO ALTO, Calif., Nov. 20, 2023 /PRNewswire/ -- SandboxAQ today announced a collaboration with NVIDIA to predict chemical reactions for drug discovery, battery design, green energy, and more. SandboxAQ will leverage NVIDIA quantum platforms to directly simulate the quantum mechanics underpinning modern chemistry, biology and material science using tensor networks.

Key Points: 
  • SandboxAQ will leverage NVIDIA quantum platforms to directly simulate the quantum mechanics underpinning modern chemistry, biology and material science using tensor networks.
  • Thanks to rapid advances in GPU hardware and quantum information science, we're finally able to harness AI for more specialized applications that will have a profound impact on our world," said Eric Schmidt, Chairman of SandboxAQ.
  • "Simulation will drive a new wave of GPU use, powering previously unattainable insights about our physical world that go beyond what extractive or generative AI are capable of unlocking.
  • As part of the collaboration, SandboxAQ will be providing technical recommendations on relevant NVIDIA offerings including cuTENSOR, cuTensorNet, Quantum Computing and CUDA libraries.

Quantum Sensors vs. Quantum Computers: IDTechEx Takes a Look at the Next 10 Years

Retrieved on: 
Thursday, November 16, 2023

Similar quantum hardware platforms can be adapted into quantum sensors and quantum computers.

Key Points: 
  • Similar quantum hardware platforms can be adapted into quantum sensors and quantum computers.
  • More detail about these technology platforms is covered in the IDTechEx's reports "Quantum Sensors Market 2024-2044" and "Quantum Computers 2023-2033" .
  • Few would deny that hype about quantum computers far outweighs that of quantum sensors.
  • Even within the quantum technology community, quantum computing often overshadows interest in quantum sensing – look no further than most industry conference agendas and scientific abstracts.

Quantum Sensors vs. Quantum Computers: IDTechEx Takes a Look at the Next 10 Years

Retrieved on: 
Thursday, November 16, 2023

Similar quantum hardware platforms can be adapted into quantum sensors and quantum computers.

Key Points: 
  • Similar quantum hardware platforms can be adapted into quantum sensors and quantum computers.
  • More detail about these technology platforms is covered in the IDTechEx's reports "Quantum Sensors Market 2024-2044" and "Quantum Computers 2023-2033" .
  • Few would deny that hype about quantum computers far outweighs that of quantum sensors.
  • Even within the quantum technology community, quantum computing often overshadows interest in quantum sensing – look no further than most industry conference agendas and scientific abstracts.