QPU

Rigetti Computing Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, March 14, 2024
PIN, Sale, Standard Chartered, Fermilab, Quantum, Oak Ridge National Laboratory, Partnership, Electronics, AFRL, Software, Computer, AWS, Air Force Research Laboratory, Innovation, Rigetti Computing, Research, University, SQMS, Imperial College London, Architecture, QPU, Amazon Web Services, Machine learning, Innovate UK, Engineering, SBRI, HPC, IDIQ, Aalto University, Collection, DARPA, Government

BERKELEY, Calif., March 14, 2024 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced its financial results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • BERKELEY, Calif., March 14, 2024 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced its financial results for the fourth quarter and year ended December 31, 2023.
  • As part of the project, Rigetti proposes to develop and deploy a 24-qubit quantum computer based on the Company’s Ankaa-class architecture.
  • In December 2023, Rigetti launched the Novera QPU (quantum processing unit), a 9-qubit QPU based on the Company’s Ankaa™-class chip architecture.
  • ET, or 2:00 p.m. PT, to discuss its fourth quarter 2023 and full year 2023 financial results.

ORCA Computing Unveils First Demonstration of a Hybrid Algorithm Utilizing the ORCA PT-1 Photonic Quantum Processor and NVIDIA CUDA Quantum

Retrieved on: 
Monday, March 18, 2024
Data Management, Semiconductor, Technology, Nanotechnology, Software, Internet, Hardware, Algorithm, Forecasting, GPU, GAN, Communication, Research, Supercomputer, Doctor of Philosophy, Quantum, QPU, Graphics processing unit, Machine learning, NVIDIA

ORCA Computing , a leading quantum computing company, has announced the first successful demonstration of a hybrid quantum/classical algorithm powered by ORCA’s PT Series System and NVIDIA CUDA Quantum , marking a significant milestone towards real-world applications of quantum computing.

Key Points: 
  • ORCA Computing , a leading quantum computing company, has announced the first successful demonstration of a hybrid quantum/classical algorithm powered by ORCA’s PT Series System and NVIDIA CUDA Quantum , marking a significant milestone towards real-world applications of quantum computing.
  • “Quantum computing has the potential to solve some of the world’s biggest challenges,” said Timothy Costa, Director of High-Performance Computing and Quantum at NVIDIA.
  • “This latest demonstration, using NVIDIA CUDA Quantum in ORCA’s photonic quantum processor, is set to help customers advance their quantum research.”
    ORCA Computing pushes the boundaries of quantum computing, as reaffirmed by its recent selection to develop a quantum computing testbed for the National Quantum Computing Centre (NQCC) .
  • Alongside other globally leading platforms at the NQCC, ORCA is spearheading the development of a photonic quantum computing testbed tailored for machine learning, leveraging its hybrid quantum/classical neural network architectures and photonic quantum processors.

Denmark to build one of the world's most powerful AI supercomputers, accelerating solutions to societal challenges

Retrieved on: 
Monday, March 18, 2024
Grace Hopper, Drug discovery, GPU, University, Biotechnology, Deep learning super sampling, Acceleration, H100, Business, Digital Realty, HPC, Research, AI, Deep learning, QPU, DKK, Graphics processing unit, Novo Nordisk Foundation, Ecosystem, Hopper, Safety, Investment fund, NVIDIA, Central processing unit, Government, Gefion, CPU, Export, Cryptocurrency

The collaboration is led on the Danish side by the Novo Nordisk Foundation and the Export and Investment Fund of Denmark (EIFO).

Key Points: 
  • The collaboration is led on the Danish side by the Novo Nordisk Foundation and the Export and Investment Fund of Denmark (EIFO).
  • "Drug discovery, disease diagnosis, and treatment, as well as complicated life science challenges, are examples of areas where extreme AI computing power can enable the positive transformation of our society.
  • The collaboration with NVIDIA and the resulting national AI innovation centre can help Denmark's brilliant researchers and innovators rise to the next level."
  • "Our government is committed to enhancing Denmark's global standing when it comes to cutting-edge technology alongside our unparalleled data resources.

Denmark to build one of the world's most powerful AI supercomputers, accelerating solutions to societal challenges

Retrieved on: 
Monday, March 18, 2024
Grace Hopper, Drug discovery, GPU, University, Biotechnology, Deep learning super sampling, Acceleration, H100, Business, Digital Realty, HPC, Research, AI, Deep learning, QPU, DKK, Graphics processing unit, Novo Nordisk Foundation, Ecosystem, Hopper, Safety, Investment fund, NVIDIA, Central processing unit, Government, Gefion, CPU, Export, Cryptocurrency

The collaboration is led on the Danish side by the Novo Nordisk Foundation and the Export and Investment Fund of Denmark (EIFO).

Key Points: 
  • The collaboration is led on the Danish side by the Novo Nordisk Foundation and the Export and Investment Fund of Denmark (EIFO).
  • "Drug discovery, disease diagnosis, and treatment, as well as complicated life science challenges, are examples of areas where extreme AI computing power can enable the positive transformation of our society.
  • The collaboration with NVIDIA and the resulting national AI innovation centre can help Denmark's brilliant researchers and innovators rise to the next level."
  • "Our government is committed to enhancing Denmark's global standing when it comes to cutting-edge technology alongside our unparalleled data resources.

FormFactor and Tabor Electronics Collaborate to Demonstrate a Full Stack 5-Qubit Quantum Computer, Powered by QuantWare

Retrieved on: 
Thursday, February 29, 2024
Electronics, Education, Bed, Factor of safety, QPU, Workforce, Research, Quantum computing

The result of this collaboration shows the ability of the partnering companies to support the quantum industry with their respective technologies.

Key Points: 
  • The result of this collaboration shows the ability of the partnering companies to support the quantum industry with their respective technologies.
  • The turnkey Quantum Computer demonstrates a 250% improvement in T1 times compared to similar small-scale systems, enabling higher qubit fidelity and more quantum operations per cycle.
  • As the quantum computing industry expands rapidly, the need for practical test beds and a trained workforce increases every year.
  • The Echo-5Q offers scientists and engineers immediate access to high quality physical qubits for the development of staff and testing of new technologies.

Leveraging A.I. for Retail Business Expected to Drive the Market Size to $38 Billion by 2029

Retrieved on: 
Wednesday, February 21, 2024
Cloud, Investment, Growth, Commerce, VMware, Salesforce, Amazon (company), Google Cloud, OTCQB, DRIVE, Nvidia, QPU, Joint venture, VMW, Vodafone, MSFT, AMZN, GPU, SME, Microsoft, Machine learning, NVDA, Environment, Partnership, Computer, Library, GOOG, Artificial intelligence, NVIDIA, PALM, Internet, USD, AI, Intelligence, Cloud database, Internet of things, Government, Press release, Organization, PostgreSQL, Deep learning, CPU, Video game

A recent report from Mordor Intelligence said that: “AI in retail is undergoing significant transformations with the integration of Retail AI.

Key Points: 
  • A recent report from Mordor Intelligence said that: “AI in retail is undergoing significant transformations with the integration of Retail AI.
  • Companies are leveraging Artificial Intelligence in Retail to enhance strategies, improve outcomes, and boost online customer engagement.
  • The use of AI Retail Technology is expected to surge, with investments in AI-Powered Retail analytics increasing.” It projected that the AI in Retail Business Market size is estimated at USD 9.65 billion in 2024, and is expected to reach USD 38.92 billion by 2029, growing at a CAGR of 32.17% during the forecast period (2024-2029).
  • The report added: “The sector is changing due to the introduction of artificial intelligence in retail.

NVIDIA Accelerates Quantum Computing Exploration at Australia’s Pawsey Supercomputing Centre

Retrieved on: 
Sunday, February 18, 2024
HPC, PCI Express, Grace Hopper, QPU, NVIDIA, Library, Quantum, Calibration, Radio, Astronomy, GPU, Medicine, Research, CPU, Video game

SYDNEY, Australia, Feb. 18, 2024 (GLOBE NEWSWIRE) -- SCA2024 -- NVIDIA today announced that Australia’s Pawsey Supercomputing Research Centre will add the NVIDIA® CUDA Quantum platform accelerated by NVIDIA Grace Hopper™ Superchips to its National Supercomputing and Quantum Computing Innovation Hub, furthering its work driving breakthroughs in quantum computing.

Key Points: 
  • SYDNEY, Australia, Feb. 18, 2024 (GLOBE NEWSWIRE) -- SCA2024 -- NVIDIA today announced that Australia’s Pawsey Supercomputing Research Centre will add the NVIDIA® CUDA Quantum platform accelerated by NVIDIA Grace Hopper™ Superchips to its National Supercomputing and Quantum Computing Innovation Hub, furthering its work driving breakthroughs in quantum computing.
  • The NVIDIA Grace Hopper Superchip — which combines the NVIDIA Grace CPU and Hopper GPU architectures — provides extreme performance to run high-fidelity and scalable quantum simulations on accelerators and seamlessly interface with future quantum hardware infrastructure.
  • “CUDA Quantum, together with the NVIDIA Grace Hopper Superchip, allows innovators such as Pawsey Supercomputing Research Centre to achieve these essential breakthroughs and accelerate the timeline to useful quantum-integrated supercomputing.”
    “Pawsey Supercomputing Centre’s research and test-bed facility is helping to advance scientific exploration for all of Australia as well as the world,” said Mark Stickells, executive director at the Pawsey Supercomputing Research Centre.
  • Pawsey is committed to making the NVIDIA Grace Hopper platform available to the Australian quantum community, as well as its international partners.

D-Wave Announces Availability of 1,200+ Qubit Advantage2™ Prototype in the Leap™ Quantum Cloud Service, Making its Most Performant System Available to Customers Today

Retrieved on: 
Monday, February 12, 2024
Software, Networks, Hardware, Artificial Intelligence, Data Management, Technology, Semiconductor, Other Technology, Machine learning, QPU, LEAP, 3D printing

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced that the 1,200+ qubit Advantage2 prototype is now available via the company’s Leap real-time quantum cloud service.

Key Points: 
  • D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced that the 1,200+ qubit Advantage2 prototype is now available via the company’s Leap real-time quantum cloud service.
  • Customers who have Leap service subscriptions can access the new Advantage2 prototype today, and those new to the Leap service can sign up and get up to one minute of free use of the actual quantum processing units (QPUs) and quantum hybrid solvers, including the new Advantage2 prototype.
  • Announced earlier this year , the new Advantage2 prototype features 1,200+ qubits and 10,000+ couplers, double the number of qubits and couplers over the previously released Advantage2 prototype .
  • “What we’re seeing with the Advantage2 prototype in terms of performance gains is remarkable, and we’re thrilled to make it available today to help customers start applying it to their complex problems now.”

D-Wave Announces 1,200+ Qubit Advantage2™ Prototype in New, Lower-Noise Fabrication Stack, Demonstrating 20x Faster Time-to-Solution on Important Class of Hard Optimization Problems

Retrieved on: 
Tuesday, January 23, 2024
Data Management, Semiconductor, Technology, Other Technology, Software, Networks, Hardware, QPU, Machine learning, D-Wave, Research, Advantage, LEAP, 3D printing

The new Advantage2 prototype features 1,200+ qubits and 10,000+ couplers, double the number of qubits and couplers over the previously released Advantage2 prototype .

Key Points: 
  • The new Advantage2 prototype features 1,200+ qubits and 10,000+ couplers, double the number of qubits and couplers over the previously released Advantage2 prototype .
  • Benchmarks demonstrate substantial advancements across a number of performance metrics compared to the Advantage quantum processing unit (QPU), including:
    The new Advantage2 prototype is 20 times faster at solving spin glasses, an important family of classically hard optimization problems.
  • Further, it shows improved performance on constraint satisfaction problems, with the Advantage2 prototype beating the Advantage system 90% of the time.
  • It is expected to feature 7,000 qubits with a new qubit design, enabling 20-way connectivity between qubits in a new topology.

Quantum Machines Caps Off 2023 with Strong Growth and Global Expansion

Retrieved on: 
Wednesday, January 10, 2024
Research, Drug design, OPX, GPU, QPU, Partnership, Quantum information, DGX, QM, Computer, TEL, Quantum, Nature, Nvidia, Growth, Microscope

TEL AVIV, Israel, Jan. 10, 2024 /PRNewswire/ -- Quantum Machines (QM), the leading provider of quantum control solutions that accelerate the realization of practical quantum computers, celebrated an unprecedented year of growth and innovation in 2023.

Key Points: 
  • TEL AVIV, Israel, Jan. 10, 2024 /PRNewswire/ -- Quantum Machines (QM), the leading provider of quantum control solutions that accelerate the realization of practical quantum computers, celebrated an unprecedented year of growth and innovation in 2023.
  • In the last few months, multiple companies have announced quantum processors that cross the 1000 qubit mark for the first time.
  • A partnership with Nvidia leveraged GPU-powered computing for real-time error correction by combining Quantum Machines' control platform with Nvidia's accelerated computing on the DGX Quantum system.
  • "At Quantum Machines, our Quantum Orchestration Platform provides the critical layer to bridge cutting-edge quantum processors and real-world commercial viability.