Tagged: quantum computers

April 25, 2022 @ 4:28 pm By Omar Faridi  |  

Multiverse Computing, which claims to be an international leader in quantum computing solutions for the financial industry and beyond, recently announced the appointment of Karina Robinson as Senior Advisor. As noted in an update shared with CI, Robinson joins Multiverse with more than 10 years… Read More

April 4, 2022 @ 11:47 pm By Omar Faridi  |  

Organizations need to prepare for a quantum advantage as technological breakthroughs “accelerate the timeline for quantum adoption,” according to an update from Capgemini. As noted in an update shared with CI, quantum technologies “promise exponential speed-up over today’s best supercomputers and will bring to market… Read More

March 30, 2022 @ 11:32 am By Omar Faridi  |  

Multiverse Computing, a key player in quantum computing solutions for the financial industry and beyond, recently announced that it has submitted 22 patents from its research efforts in 2021, “demonstrating its intention to continuously innovate in quantum technology as well as protect the company’s intellectual… Read More

March 26, 2022 @ 3:22 pm By Omar Faridi  |  

Classiq, which offers (what it claims to be) the leading platform for creating quantum software, recently announced a collaboration with NVIDIA (NASDAQ:NVDA) in order to bring large-scale quantum circuits to customers. Now, businesses and other organizations can “prepare for and explore the benefits of larger… Read More

February 17, 2022 @ 11:17 pm By Omar Faridi  |  

In a sign that we are all moving from quantum exploration to quantum production – and that quantum software development is an important ingredient in gaining quantum advantage – Classiq, which offers a platform for Quantum Algorithm Design, announced that it has secured $33 million… Read More

January 23, 2022 @ 5:37 pm By Omar Faridi  |  

National governments have reportedly invested more than $25 billion into quantum computing research and more than $1 billion in VC deals have closed in the past year – “more than the past three years combined,” according to an update shared by the World Economic Forum… Read More

January 3, 2022 @ 10:59 am By Omar Faridi  |  

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes that advances in quantum computing are “stoking fears” that Bitcoin’s wallet structure is “vulnerable to exploits,… Read More

October 22, 2021 @ 9:11 am By Omar Faridi  |  

Multiverse Computing, the quantum computing startup that’s focused on finance, has finalized a €10 million (appr. $11.55 million) seed round. Multiverse Computing created its main product Singularity® for firms operating in the financial industry and looking for a competitive advantage by leveraging quantum computing solutions…. Read More

October 2, 2021 @ 11:55 am By Omar Faridi  |  

Arqit Quantum Inc., a leader in quantum encryption tech, is pleased to confirm the appointment of Jason Nabi as MD, Financial Services, with “immediate effect.” As a 30-year veteran in Capital Markets and the Fintech sectors, Jason has “held leadership positions at some of the… Read More

October 1, 2021 @ 3:07 pm By Omar Faridi  |  

Cambridge Quantum (CQ) is pleased to confirm that the latest version of TKET (pronounced “ticket”), their high-performance hardware-agnostic quantum software development kit (SDK), is completely open-source. Ilyas Khan, CEO at CQ, noted that they had first announced that TKET would be “available on an ‘open-access’… Read More

July 23, 2021 @ 9:42 am By Omar Faridi  |  

In a new development that is most likely to establish a new industry standard, scientists at Cambridge Quantum (CQ) have created a new algorithm for solving combinatorial optimization problems that have become widespread in business and industry, like the travelling salesman, vehicle routing or job… Read More

May 2, 2021 @ 2:17 pm By Omar Faridi  |  

Giant Wall Street investment bank Goldman Sachs (NYSE:GS) has revealed that it’s made a major quantum computing breakthrough. Goldman said that it’s working on computer algorithms that may be used on hardware that could be available within the next 5 years. Goldman Sachs has reportedly… Read More

March 14, 2021 @ 2:52 pm By Omar Faridi  |  

Deutsche Börse, the German stock exchange company, has reportedly completed the pilot or testing of various quantum computing algorithms which are used to evaluate or create risk models. The pilots found that quantum tech may bring down the time needed for certain simulations from years… Read More

March 7, 2021 @ 12:51 pm By Omar Faridi  |  

The UK government, via the UK Research and Innovation (UKRI), is planning to invest £153 million, in order to create new products and services that are based on recent advancements in quantum technologies. Quantum tech is expected to have a major impact on the financial… Read More

February 11, 2021 @ 8:02 am By Omar Faridi  |  

John Smith, who has been regularly keeping up with computer science, quantum computing, and cryptocurrency-related developments, claims that the “future of crypto” is quantum-resistant, meaning we must build systems that can protect themselves against the potential attack from quantum computers (QCs) when they become powerful… Read More

November 7, 2020 @ 11:07 am By Omar Faridi  |  

LocalBitcoins, a leading peer to peer (P2P) Bitcoin exchange, notes that with the advent of quantum computing, there have been concerns that this new technology could be a threat to existing online protocols. Some experts claim that powerful quantum computers might become a legitimate threat… Read More

November 2, 2020 @ 8:28 pm By Omar Faridi  |  

The Quantum Resistant Ledger (QRL) Foundation, which is an organization that has developed a quantum-secure blockchain network and digital asset platform, has teamed up with Insight’s quantum cryptography research division. Both organizations will be working on global standards for QRL’s “quantum-secure” Proof-of-Stake network, which is… Read More

October 6, 2020 @ 10:15 pm By Omar Faridi  |  

The NExt ApplicationS of Quantum Computing (NEASQC) initiative aims to bring together a multidisciplinary consortium of academic and tech industry professionals focused on quantum computing, high-performance computing, artificial intelligence (AI), energy management, and various other sectors. As mentioned in a release: “NEASQC aims to demonstrate… Read More

October 4, 2020 @ 12:53 pm By Omar Faridi  |  

The team at Quantum Resistant Ledger (QRL), which claims to be the “first-of-its-kind,” post-quantum value store and “decentralized” communication layer that’s proactively tackling the threat from quantum computers, has confirmed that x41 D-Sec has started their audit of project enQlave, which is an Ethereum (ETH)… Read More

September 13, 2020 @ 10:49 pm By Omar Faridi  |  

The team at Quantum Resistant Ledger (QRL), a post-Quantum value store and decentralized communication layer, notes that there’s recently been what appears to be “another quantum leap” in the field of quantum computing. The QRL team states: “The team at @ustc potentially achieved ‘quantum supremacy’… Read More