Earth Day 2022: Quantum Computing has the Key to Protect Environment! – Analytics Insight

Can quantum computing hold the ultimate power to meet sustainable development?

Quantum computing has started gaining popularity with the integration of quantum mechanics through smart quantum computers. Yes, it can transform conventional computers with a highly complex nature. Meanwhile, quantum computing is ready to have the key to protecting the environment with technology. Lets celebrate Earth Day 2022 with sustainable development through quantum computing. Quantum computers hold the substantial potential to save the environment with technology and physics law. Thus, lets dig deeper into quantum computing to look out for ways how it holds the key to protecting the environment.

Earth Day 2022 is celebrated across the world to raise the awareness of environmental issues to human beings. It helps to come up with ideas to reduce the carbon footprint and energy consumption for effective sustainable development. Hence, quantum computing is determined to be the protector of the environment with technology to look out for sustainable development efficiently and effectively.

Quantum computers are a form of supercomputers with thousands of GPU and CPU cores with multiple high degrees of complex issues. It is used for performing multiple quantum calculations with Qubits for simulating the problems that human beings or classical computers cannot solve within a short period of time.

Now in the 21st century with the advancements in technologies, quantum computing can power sustainable development with smart functionalities. Quantum computers can protect the environment with technology by capturing carbon as well as fighting climate change for global warming.

Quantum computing can simulate large complicated molecules which can discover new catalysts for capturing sufficient carbon from the current environment. The room-temperature superconductors hold the key to decreasing the 10% of energy production that is lost in transmission. It will help in better processes to feed the increasing population as well as efficient batteries.

Quantum computing is set to address global challenges, raise awareness, generate solutions, and meet the sustainable development goals on Earth Day 2022. Quantum computers are transforming the illusion into reality with better climate models to protect the environment with technology. It is ready to provide sufficient in-depth insights into how the ways and activities of human beings are drastically affecting the environment and creating a barrier to sustainable development.

Multiple 200 Qubits quantum computers can help to find a catalyst to utilize the 3-5% of the worlds gas production as well as 1-2% of annual energy levels through multiple different tasks. It can be used to generate different catalysts for capturing carbon footprint from the air and decreasing carbon emissions by 80%-90%. Thus, quantum computing can control the rapid rise in temperature in the environment with technology.

That being said, lets celebrate Earth Day 2022 with quantum computing helping the world in ensuring carbon dioxide recycling and reducing harmful emissions of carbon monoxide.

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Earth Day 2022: Quantum Computing has the Key to Protect Environment! - Analytics Insight

The big money is here: The arms race to quantum computing – Haaretz

Theres a major controversy raging in the field of quantum computing. One side consists of experts and researchers who are skeptical of quantum computers ability to be beneficial in the foreseeable future, simply because the physical and technological challenges are too great. On the other side, if you ask the entrepreneurs and investors at firms banking on quantum computing, that hasnt been the issue for quite some time. From their standpoint, its only a matter of time and concerted effort until the major breakthrough and the real revolution in the field is achieved. And theyre prepared to gamble a lot of money on that.

For decades, most of the quantum research and development has been carried out by academic institutions and government research institutes, but in recent years, steps to make the transition from the academic lab to the industrial sector have increased. Researchers and scientists have been creating or joining companies developing quantum computing technology, and startups in the field have been cropping up at a dizzying pace. In 2021, $3.2 billion was invested in quantum firms around the world, according to The Quantum Insider compared to $900 million in 2020.

And in the first quarter of this year, about $700 million was invested a sum similar to the investments in the field between 2015 and 2019 combined. In addition to the surge in startup activity in the field, tech giants such as IBM, Amazon, Google and Microsoft have been investing major resources in the field and have been recruiting experts as well.

The quantum computing field was academic for a long time, and everything changed the moment that big money reached industry, said Ayal Itzkovitz, managing partner at the Pitango First fund, which has invested in several quantum companies in recent years. Everything is moving forward more quickly. If three years ago, we didnt know if it was altogether possible to build such a computer, now we already know that there will be quantum computers that will be able to do something different from classic computers.

Quantum computers, which are based on the principles of quantum theory, are aimed at providing vastly greater computing power than regular computers, with the capability to carry out a huge number of computations simultaneously. Theoretically it should take them seconds, minutes or hours to do what it would take todays regular supercomputers thousands of years to perform.

Quantum computers are based not on bits, but on qubits produced by a quantum processing unit, which is not limited to the binary of 0 or 1 but is a combination of the two. The idea is that a workable quantum computer, if and when there is such a thing, wont be suitable for use for any task but instead for a set of specific problems that require simultaneous computing, such as simulations, for example. It would be relevant for fields such as chemistry, pharmaceuticals, finance, energy and encoding among others.

It's still all theoretical, and there has yet to be a working quantum computer produced that is capable of performing a task more effectively than a regular computer but that doesnt bother those engaged in the arms race to develop a breakthrough quantum processor.

A million-qubit computer

IBM, which is one of the pioneers in the industry, recently unveiled a particularly large 127-qubit computer, and its promising to produce a 1,000-qubit one within the next few years. In 2019, Google claimed quantum supremacy with a computer that managed in 3.5 minutes to perform a task that would have taken a regular computer 10,000 years to carry out. And in May of last year, it unveiled a new quantum center in Santa Barbara, California and it intends to build a million-qubit computer by 2029 at an investment of billions of dollars.

Amazon has gotten into the field, recruiting researchers and recently launching a new quantum center at the California Institute of Technology, and Intel and Microsoft have also gotten into the game. In addition to their own internal development efforts, Amazon, Microsoft and Google have been offering researchers access to active quantum computers via their cloud computing services.

At the same time, there are several firms in the market that specialize in quantum computing that have already raised considerable sums or have even gone public. One of the most prominent of them is the American company IonQ (which in the past attracted investments from Google, Amazon and Samsung) and which last year went public via a SPAC merger. Another such company is the Silicon Valley firm Rigetti Computing, which also went public via a SPAC merger. Then theres Quantinuum, which was the product of a merger between Honeywell Quantum Solutions and Cambridge Quantum.

All thats in addition to a growing startup ecosystem of smaller companies such as Atom Computing and QuEra, which have raised initial funding to develop their own versions of a quantum processor.

In Israel in recent months, the countrys first two startups trying to create a quantum processor have been established. Theyre still in their stealth stage. One is Rehovot-based Quantum Source, which has raised $15 million to develop photonic quantum computing solutions. Its technology is based on research at the Weizmann Institute of Science, and its headed by leading people in the Israeli processor chip sector. The second is Quantum Art, whose executives came from the Israeli defense sector. Its technology is also based on work at the Weizmann Institute.

There are also other early-stage enterprises that are seeking to develop a quantum processor, including one created by former Intel employees and another by former defense company people. Then there is LightSolver, which is seeking to develop a laser technology computer, which is not quantum technology, but it seeks to provide similar performance.

Going for broke

But all of these are at their early stages from a technological standpoint, and the prominent companies overseas have or are building active but small quantum computers usually of dozens of qubits that are only for R&D use to demonstrate their capabilities but without actual practical application. Thats out of a sense that developing an effective quantum computer that has a real advantage requires millions of qubits. Thats a major disparity that will be difficult to bridge from a technological standpoint.

The problem is that sometimes investing in the here-and-now comes at the expense of investments in the future. The quantum companies are still relatively small and have limited staff. If they have an active computer, they also need to maintain it and support its users in the community and among researchers. That requires major efforts and a lot of money, which might be at the expense of next-generation research and it is already delaying the work of a large number of quantum computer manufacturers who are seeing how smaller startups focusing only on next-generation development are getting ahead of them.

As a result, there are also companies with an entirely different approach, which seeks to skip over the current generation of quantum computers and go for broke to build an effective computer with millions of qubits capable of error detection and correction even if it takes many years.

In 2016, it was on that basis that the Palo Alto, California firm PsiQuantum was founded. Last year the company raised $450 million (in part from Microsoft and BlackRock) based on a company valuation of $3 billion, becoming one of the hot and promising names in the field.

Itzkovitz, from the Pitango fund, was one of its early investors. They said they wouldnt make a small computer with a few qubits because it would delay them but would instead go straight for the real goal, he explained.

PsiQuantum is gambling on a fundamentally different paradigm: Most of the companies building an active computer, including the tech giants, have chosen technology based on specifical material matters (for example superconductors or trapped ions). In contrast, PsiQuantum is building a photonic quantum computer, based on light and optics an approach that until recently was considered physically impossible.

Itzkovitz said that he has encountered a large number of startups that are building quantum processors despite the technological risk and the huge difficulty involved. In the past two weeks, I have spoken with 12 or 13 companies making qubits from England, Holland, Finland, the United States and Canada as if this were the most popular thing there was now in the high-tech industry around the world, he said.

As a result, there are also venture capital funds in Israel and overseas that in the past had not entered the field but that are now looking for such companies to invest in over concern not to be left out of the race, as well as a desire to be exposed to the quantum field.

Its the Holy Grail

Similar to the regular computing industry, in quantum computing, its also not enough to build a processor. A quantum processor is a highly complex system that requires a collection of additional hardware components, as well as software and supporting algorithms, of course all of which are designed to permit its core to function efficiently and to take advantage of the ability and potential of qubits in the real world. Therefore, at the same time that quantum processor manufacturers have been at work, in recent years there has been a growing industry of startups seeking to provide them and clients with layers of hardware and software in the tower that stands on the shoulders of the quantum computers processor.

A good example of that is the Israeli firm Quantum Machines, which was established in 2018 and has so far raised $75 million. It has developed a monitoring and control system for quantum computers consisting of hardware and software. According to the company, the system constitutes the brain of the quantum processor and enables it to perform computing activity well and to fulfill its potential. There are also other companies in the market supplying such components and other components including even the refrigerators necessary to build the computers.

Some companies develop software and algorithms in the hope that they will be needed to effectively operate the computers. One of them is Qedma Quantum Computing from Israel, which has developed what it describes as an operating system for quantum computers that is designed to reduce errors and increase quantum computers reliability.

Our goal is to provide hardware manufacturers with the tools that will enable them to do something efficient with the quantum computers and to help create a world in which quantum algorithmic advantages can actually be realized, said Asif Sinay, the companys founder-partner and CEO. Its the Holy Grail of all of the quantum companies in the world.

The big challenge facing these companies is proving that their technology is genuine and that it provides real value to companies developing quantum processors. Thats of course in addition to providing a solution that is sufficiently unique that the tech giants wont be able to develop it on their own.

The big companies dont throw money around just like that, Sinay said. They want to create cooperation with companies that help them reach their goal and to improve the quality of the quantum computer. Unlike the cyber field, for example, you cant come and scare a customer into buying your product. Here youre sitting with people at your level, really smart [people] who understand that you need to give them value that assists in the companys performance and to take the computer to a higher level.

Two concurrent arms races

What the companies mentioned so far have in common is that they are building technology designed to create an efficient quantum computer, whether its a processor or the technology surrounding it. At the same time, another type of companies is gaining steam those that develop the tools to develop quantum software that in the future will make it possible for developers and firms to build applications for the quantum computer.

Classiq is an Israeli company that has developed tools that make it easier for programmers to write software for quantum computers. It raised $33 million at the beginning of the year and has raised $48 million all told. A competitor in Singapore, Horizon Quantum Computing, which just days ago announced that it raised $12 million, is offering a similar solution.

Another prominent player is the U.S. firm Zapata, in which Israels Pitago fund has also invested, and which is engaged in services involved in building quantum applications for corporations.

There are two concurrent arms races happening now, says Nir Minerbi, co founder and CEO of Classiq. One is to build the worlds first fully functional quantum computer. And many startups and tech giants are working on that and that market is now peaking. The second race is the one for creating applications and software that runs on quantum and can serve these firms. This is a field that is now only making its first steps - and its hard to know when it will reach its goal.

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The big money is here: The arms race to quantum computing - Haaretz

Atom Computing Plans To Build A Bigger And Better High-Tech Quantum Computer With Its Latest $60 Million Series B Funding – Forbes

Atom Computing

Atom Computing, a quantum computing company headquartered in Berkeley, California, seems to be on the fast track for funding.

This week Atom announced it had secured$60MSeries B round of financing led by Third Point Ventures. The round also included Prime Movers Lab and insiders Innovation Endeavors, Venrock, and Prelude Ventures.

Atom was founded in 2018 with $5M in seed funds by Benjamin Bloom and Jonathan King. Over two years, the duo used those funds to secretly staff and build a quantum computer with a unique technology. What set Atoms computer apart from other quantum machines was that it was the first quantum computer to use nuclear-spin qubits created from optically-trapped neutral atoms.

First-Generation Quantum Computer, Phoenix

In July 2021, Atom Computingreceived an additional $15M in Series A funding from investorsVenrock, Innovation Endeavors, and Prelude Ventures, plus three grants from the National Science Foundation.

According to a statement on Atom's press release by Rob Hays, Atom Computing's president and CEO, there was no shortage of investment interest. "We've seen a tremendous amount ofinvestor interest in what many are starting to believe is a more promising way to scale quantum computers neutral atoms, he said. Our technology advancements and this investment give us the runway to continue our focus on delivering the most scalable and reliable quantum computers."

Whats different about its technology

Most of todays quantum computers use two types of qubits, either superconducting (IBM & Google) or trapped-ion (Quantinum or IonQ). Amazon doesnt yet have a quantum computer, but it plans to build one using superconducting hardware. In contrast, Psi Quantum and Xanadu use photons of light that act as qubits.

Atom computing chose to use a different technology -nuclear-spin qubits made from neutral atoms.Phoenix, the name of Atoms first-generation, gate-based quantum computer platform, uses 100 optically trapped qubits.

These qubits are created from an isotope of Strontium, a naturally occurring element considered to be a neutral atom. Goingdeeper, neutral atoms have equal numbers of protons and electrons. However, isotopes of Strontium have varying numbers of neutrons. These differences in neutrons produce different energy levels in the atom that allow spin qubits to be created. Atom Computing uses the isotope Strontium-87 and takes advantage of its unique energy levels to create spin qubits.

It is important for qubits to remain in a quantum state long enough to complete running the quantum circuits. The time that a qubit retains its quantum state is called its coherence time. Neutral atom qubits have a longer coherence time than most other qubit technologies.

Lasers instead of wires are used for precision control of the strontium-87 qubits. Lasers eliminates wiring, which can create radiation and noise that negatively affects coherence.

There are many other technical reasons for using neutral atom spin qubits but beyond the scope of this article.

Second generation plans

Artist rendering of Atom Computings second-generation quantum

With its latest $60M Series B funding, Atom Computing plans to build a larger, second-generation neutral-atom quantum computer. Many additional qubits will give the system increased computational ability. Atom Computing is currently likely to have undisclosed customer trials and use cases in progress. However, we expect new and more significant use cases to be publicly announced once the new quantum system is operational.

Patrick Moorhead, president and chief analyst of Moor Insights and Strategy, said, Qubit coherence, fidelity, and scalability are essential factors for achieving quantum advantage. Atom Computing has already demonstrated that Phoenix, its first-generation 100+ nuclear-spin qubit quantum processor, has the potential to check all those boxes. With the additional $60M Series B funding, I believe Atom could build a large qubit, second-generation quantum system that either brings it to the edge of quantum advantage or possibly even achieves it.

Analyst notes:

Note: Moor Insights & Strategy writers and editors may have contributed to this article.

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Atom Computing Plans To Build A Bigger And Better High-Tech Quantum Computer With Its Latest $60 Million Series B Funding - Forbes

Riverlane taking quantum computing to fresh frontiers | Business Weekly – Business Weekly

Cambridge-based quantum engineering company Riverlane is at the heart of two related initiatives to troubleshoot problems and advance risk-free adoption worldwide.

It has head-hunted leading scientist Dr Earl Campbell to accelerate efforts to solve quantum error correction and only last month joined an influential consortium to build error corrected quantum processor.

As head of architecture, Dr Campbell will lead technical development to support the operating system for fault-tolerant quantum computers.

He joins Riverlane from Amazon Web Services Quantum Computing group, and has held a number of academic positions over the past 16 years. His game-changing efforts include leading contributions to quantum error correction, fault-tolerant quantum logic and compilation and quantum algorithms.

He has also made pioneering contributions to random compilers, including the qDRIFT algorithm, which is the only known efficient method for simulating systems with highly complex interactions.

Additionally, while working with IBM and University College London, Earl contributed to the development of near-Clifford emulators that were integrated into Qiskit IBMs open-source software development kit for quantum computers.

At Amazon Web Services he was a leading contributor to its paper proposing a novel quantum computing architecture and established a team working on quantum algorithms.

At Riverlane he will be working alongside leaders who have joined from Microsoft, ARM, Samsung, Intel and the White House! Backed by some of Europes leading venture-capital funds and the University of Cambridge, Riverlane is bringing together leading talent from the worlds of business, academia, and industry to design its modular operating system to work with all hardware providers, whatever the type of qubit.

Riverlane has already partnered with a third of the worlds quantum computing hardware companies, and has successfully tested Deltaflow.OS with multiple hardware approaches, including trapped ions and superconducting circuits.

Dr Campbell said: Error correction is the next defining challenge in quantum computing and we will need to deliver fast, effective software to solve it. Over the past 16 years, I have been tackling questions like this as an academic and Im looking forward to putting theory into practice.

Ive followed Riverlane since its early days and Ive always been drawn to challenging work with the promise of delivering widespread social and commercial impact. Im excited to join a diverse team with a proven track record in developing software used by hardware companies around the world.

Steve Brierley, CEO and founder of Riverlane added: Solving error correction will be key to unlocking quantum usefulness across a range of foundational challenges, including clean energy, drug discovery, material science, and advanced chemistry.

Were delighted that Earl is bringing his world-class expertise in this challenge to the Riverlane team to accelerate our efforts and unlock the potential of this technology.

Just before Christmas, Riverlane joined a 7.5 million consortium to build an error corrected quantum processor working with a range of UK partners, including Rolls-Royce to apply this toward new applications in the aerospace industry. The funding comes via the UK governments National Quantum Technologies Programme.

The project, led by quantum computer manufacturer Universal Quantum, calls on Riverlanes software and expertise to tackle quantum error correction on a trapped-ion quantum computer.

Error correction is a crucial step in unlocking the promise of fault tolerant quantum computers capable of a range of transformative applications, and is at the core of everything Riverlane does.

The work with Rolls-Royce will explore how quantum computers can develop practical applications toward the development of more sustainable and efficient jet engines.

This starts by applying quantum algorithms to take steps to toward a greater understanding of how liquids and gases flow, a field known as fluid dynamics. Simulating such flows accurately is beyond the computational capacity of even the most powerful classical computers today.

The consortium also includes: academic researchers from Imperial College London and the University of Sussex; the Science and Technology Facilities Council (STFC) Hartree Centre; supply chain partners Edwards, TMD Technologies and Diamond Microwave; and commercialisation and dissemination experts Sia Partners and Qureca.Fluids behave according to a famous set of partial differential equations called the Navier-Stokes equations, the solutions to which are important for aircraft and engine design, as well as understanding ocean currents and predicting the weather.

Classical computers can take months or even years to solve some types of these equations but recent research has shown that quantum computers could find the solutions much more quickly.

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Riverlane taking quantum computing to fresh frontiers | Business Weekly - Business Weekly

Quantum technology – Wikipedia

emerging technologies built on quantum mechanics

Quantum technology is an emerging field of physics and engineering, which relies on the principles of quantum physics.[1] Quantum computing, quantum sensors, quantum cryptography, quantum simulation, quantum metrology and quantum imaging are all examples of quantum technologies, where properties of quantum mechanics, especially quantum entanglement, quantum superposition and quantum tunnelling, are important.

Quantum secure communication are methods which are expected to be 'quantum safe' in the advent of a quantum computing systems that could break current cryptography systems. One significant component of a quantum secure communication systems is expected to be Quantum key distribution, or 'QKD': a method of transmitting information using entangled light in a way that makes any interception of the transmission obvious to the user. Another technology in this field is the quantum random number generator used to protect data. This produces truly random numbers without following the procedure of the computing algorithms that merely imitate randomness.[2]

Quantum computers are expected to have a number of important uses in computing fields such as optimization and machine learning. They are perhaps best known for their expected ability to carry out 'Shor's Algorithm', which can be used to factorise large numbers and is an important process in the securing of data transmissions.

There are many devices available today which are fundamentally reliant on the effects of quantum mechanics. These include laser systems, transistors and semiconductor devices and other devices, such as MRI imagers. The UK Defence Science and Technology Laboratory (DSTL) grouped these devices as 'quantum 1.0',[3] that is devices which rely on the effects of quantum mechanics. These are generally regarded as a class of device that actively create, manipulate and read out quantum states of matter, often using the quantum effects of superposition and entanglement.

The field of quantum technology was first outlined in a 1997 book by Gerard J. Milburn,[4] which was then followed by a 2003 article by Jonathan P. Dowling and Gerard J. Milburn,[5][6] as well as a 2003 article by David Deutsch.[7] The field of quantum technology has benefited immensely from the influx of new ideas from the field of quantum information processing, particularly quantum computing. Disparate areas of quantum physics, such as quantum optics, atom optics, quantum electronics, and quantum nanomechanical devices, have been unified in the search for a quantum computer and given a common "language", that of quantum information theory.

From 2010 onwards, multiple governments have established programmes to explore quantum technologies,[8] such as the UK National Quantum Technologies Programme,[9] which created four quantum 'hubs', the Centre for Quantum Technologies in Singapore, and QuTech, a Dutch centre to develop a topological quantum computer.[10] In 2016, the European Union introduced the Quantum Technology Flagship,[11][12] a 1 Billion, 10-year-long megaproject, similar in size to earlier European Future and Emerging Technologies Flagship projects.[13][14] In December 2018, the United States passed the National Quantum Initiative Act, which provides a US$1 billion annual budget for quantum research.[15] China is building the world's largest quantum research facility with a planned investment of 76 Billion Yuan (approx. 10 Billion).[16][17]

In the private sector, large companies have made multiple investments in quantum technologies. Examples include Google's partnership with the John Martinis group at UCSB,[18] multiple partnerships with the Canadian quantum computing company D-wave systems, and investment by many UK companies within the UK quantum technologies programme.

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Quantum technology - Wikipedia

Quantum Computing | Rigetti Computing

Complex problems need powerful computing

We make it possible for everyone to think bigger, create faster, and see further. By infusing AI and machine learning, our quantum solutions give you the power to solve the worlds most important and pressing problems.

When the computer is operational, five casings (like the white one shown at the top of the image) envelop the machine. These cans nest inside each other and act as thermal shields, keeping everything super cold and vacuum-sealed inside.

These photon-carrying cables deliver signals to and from the chip to drive qubit operations and return the measured results.

Beneath the heat exchangers sits the mixing chamber. Inside, different forms of liquid heliumhelium-3 and helium-4separate and evaporate, diffusing the heat.

These gold plates separate cooling zones. At the bottom, they plunge to one-hundredth of a Kelvinhundreds of times as cold as outer space.

The QPU (quantum processing unit) features a gold-plated copper disk with a silicon chip inside that contains the machines brain.

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Quantum Computing | Rigetti Computing

7 Tech Trends Where Israel Could Make An Impact In 2022 – NoCamels – Israeli Innovation News

As we head into 2022, forecasts for Israels bubbling tech sector are big, optimistic, and showing no signs of slowing down. Industry experts and tech investors are looking ahead with eyes wide open and faith in the countrys entrepreneurs that the year to come will be strong with stable growth.

We continue to be really excited about Israel as a focus area, Nicole Priel, partner at Ibex Investors, tells NoCamels. Weve been really active in Israel and we dont see that slowing downWe see so much promise in this ecosystem across enterprise software and other sectors.

The outgoing year has been one of record-breaking funding, turning crises into opportunity, globally recognized groundbreaking inventions, a surge in valuations of Israeli tech firms, big acquisitions, and maturation into a scale-up nation.

We really are transitioning from startup nation to scale-up nation and this is just attracting so much capital, says Jonathan Medved, founder, and CEO of OurCrowd.

Israeli innovation is everywhere, touching numerous tech sectors simultaneously. In 2021, local tech companies continued to take the lead in cybersecurity, agriculture technologies, financial technologies, mobility, data, and digital privacy, among other fields.

The big question: Where will Israel make its mark in 2022?

With so many booming sectors within the high-tech arena, its a tough call to make. So, NoCamels asked the experts to share their predictions for the next 12 months.

If the pundits are right, these are the 7 tech trends where Israel will make an impact in 2022:

E-commerce has exploded throughout 2021, in large part due to the COVID-19 pandemic.

According to market reports, 66 percent of customers choose what to buy based on convenience. So, it is no surprise that e-commerce is a booming industry.

Theres a couple of spaces that we think Israel is really going to excel in, anda couple of them are around e-commerce. We are thinking a lot about how companies are going to chip away at Amazons monopoly, including around logistics and warehousing Priel told NoCamels.

Israeli companies are looking for solutions to rapid shipping and the online returns space, among other areas. Priel says Ibex Investors are taking a look at the online returns space and thinking about how startups can help mitigate online returns to create a stronger online shopping experience overall.

In addition to changing the way users shop, sellers need strong e-commerce tools for their online stores.

More focus and emphasis is going to be placed on customer success as a driver within SaaS organizations, so we are excited to see what technologies will pop up to support CS organizations and help drive revenue, says Priel.

It is more expensive to acquire a new customer than it is to retain a previous customer, Priel explains. It is because of this principle of marketing that customer satisfaction will become a more dominant indicator and marketing metric for SaaS-based companies which could allow sales teams to more accurately serve their clientele.

And, its not just in the traditional e-commerce space that well see new solutions.

Medved believes the next 10 years will see huge growth in immersive e-commerce.

We are looking at all kinds of AR, VR, more immersive interactions [in general] will become more normal over the coming years, he says, noting investments in ByondXR, an Israeli software company that creates immersive virtual stores where people can pick out goods, and ZipIt, which can turn any store into a touchless, personless Amazon-like store.

More advanced logistics, last-mile delivery, and shipment innovations are going to be a popular trend in tech in 2022, says Priel, citing dark kitchens food producers with no physical location and dark warehouses spaces used to deliver orders to shorten the distance to the consumer as examples.

We are also very excited about the idea of dark kitchens and dark warehouses for delivering items to consumers, whether its merchandise or food, says Priel.

While these unique distribution methods are important for last-mile delivery, the COVID-19 pandemic put the spotlight on supply chain logistics in general.

Supply chain is critical [and] Israel is very strong in terms of optimization and planning. There are a lot of unmet needs that we are busy working on, says Medved.

Blue-and-white solutions include Freightos, which streamlines the shipping industry through an international freight marketplace; BionicHive, which deploys easily portable and autonomously machines around warehouses; and Trellis which predicts the yield, cost, and quality of produce while using AI to accurately move goods.

Semiconductors are found in every piece of hardware we use from personal computers, cars, databases, toasters to rocket ships, and more.

Israel has a global name for its hardware innovation. With an ever-increasing need for processing power thanks to big data and AI its no surprise that in 2021, this country continued its rule as a global powerhouse in semiconductor and computer chip R&D.

Intel announced in May that it will be investing $10 billion in a new processing center in Kiryat Gat in addition to investing $600 million in its centers in Haifa and Jerusalem.

In March, Google announced that it will be doubling down on Israeli computer chip design and production. They hired former senior Intel executive, Uri Frank as VP of Engineering of Server Chip Design to build a world-class team in Israel.

Market reports show 2022 demand for computer chips is meant to rise. And this will only benefit Israel.

The increasing importance of semiconductors will only be good for Israel. We have situations like Facebook, Microsoft, and Amazon all talking about setting up semiconductor activities here, says Medved.

Technology can only move as fast as the computer chips its built on. So how is Israel making them faster?

The answer is quantum computing.

Quantum Computing is a type of computing that harnesses the properties of quantum states to create calculations. Naturally, computers can only compute information as fast as physics will allow the particles to move. But, utilizing quantum properties, information can move much, much faster than currently possible.

The Israeli government is making a strong effort to push Israel forward in the field.

In 2019, the Knesset committed roughly $400 million to a five-year National Quantum Initiative which included $60 million towards the effort of producing a quantum computer. Physics Today reported in October that over the last two years, there has been a leap from five to 30 quantum-based companies in Israel.

Earlier this month, Hebrew University Physicist, Dr. Shlomi Kotler, won Physics Worlds 2021 Breakthrough of the Year award, presented by the UK-based Institute of Physics to two research teams who advanced the understanding of quantum systems.

His team successfully quantum-mechanically entangles two drumheads that can be used as quantum sensors or nodes in a quantum network.

Physics World editors chose this years winners from nearly 600 published research articles and wrote the winners demonstrated important work for scientific progress and/or the development of real-world applications.

CEO and co-founder of Israeli-based, Quantum Machines, Itamar Sivan told Physics Today that he has no doubt that quantum computing will become influential and its ultimately a question of When?. He credits his companys success to the easy accessibility to funding for quantum based-firms. He said, There are great engineers and amazing talent in Israel. We can find people here who are both experts in quantum but also have some engineering background.

SEE ALSO: On Yom Haatzmaut, A Look At Israels Innovation Contributions To The World

Talking about the upcoming year, Medved says, 2022 will see Quantum Computing attract continued strong interest from investors. I expect that global Quantum VC investment will more than double from 2021s $1 billion and that revenues of Quantum companies will near $500 million in 2022. While this is impressive growth, we havent seen anything yet. In a decade from now, Quantum will be ubiquitous, and will be an order of magnitude larger in investment and revenues. While the mainstream adoption of quantum computing is still a decade away, the technological advances that are coming out of Israel will definitely make waves in the coming year and beyond.

The blockchain industry has come a long way. It started 12 years ago as a payment method and store of value. The technology slowly evolved to be a solution for supply chain management, digital security, voting applications, financial applications, and digital ownership in the form of tokens called NFTs and much more.

In 2021, blockchain technology became much more mainstream not only with the explosion of the NFT ecosystem but it gained adoption or is being explored by companies like Nike, Adidas, Facebook (Meta), PayPal, Visa, Ubisoft, and Shopify.

I think its going to flourish like crazy, Medved says of blockchain. Were starting to make investments in those types of companies. We have not been big players or players at all in ICOs or cryptocurrencies but we believe in DeFi and that theres going to be a lot of business applications utilizing the blockchain and now is the time.

The blockchain industry is set to be worth $67.8 billion by 2026, according to market reports.

Blockchain is expected to continue being a strong and emerging sector into 2022, especially in Israel.

In November, American cryptocurrency exchange Coinbase acquired Unbound Security for a believed $150 million, according to a report. Coinbase not only gains access to some of the worlds most sophisticated cryptographic security experts but also a presence in Israel Weve long recognized Israel as a hotbed of strong technology and cryptography talent, reads a press release.

According to data compiled by Start-Up Nation Finder, cryptocurrency-tagged companies raised, for the first time ever, over $1 billion in funding for 2021. While a big milestone for the Israeli Web3 ecosystem, the global acceleration of the cryptocurrency markets crossing $2 trillion leaves a lot of room for Israels growth within this sector.

The pandemic accelerated the need for digital health solutions such as telemedicine, at-home medical devices, and personalized treatments.

Theres no slowing [digital health] down because people will get healthier, it will become much more efficient and it will reduce medical costs, says Medved.

Israel has long been a powerhouse in the health-tech space and COVID-19 has only upped its innovation. Israel has over 1,400 digital health startups, according to Start-Up Nation Finder.

On a global level, telehealth has increased 38 times from pre-COVID-19 levels, according to market reports. Global healthcare spending is set to hit over $10 trillion in 2022, and Fortune Business Insight predicts telehealth to be a $397 billion industry by 2027.

Israeli companies are all over the digital health space, with artificial intelligence for drug discovery, molecular diagnostics for personalized treatments, and VR-based FDA compliant telehealth meetings.

Among the companies to hit the news in 2021, are the likes of air filter companies like Aura Air, which this past week won the approval of the health and education ministries to be installed in 700 Jerusalem classrooms, and Tadiran which says it removes 99.9% of COVID-19 particles from the air. Additionally, SaNOtize, invented a nasal spray to kill the virus with a spritz and MigVax, claims to have an oral effective booster against the virus.

Also earlier this month, eight Israeli startups werenamedto the prestigiousDigital Health 150, an annual global ranking by New York-based research firm CB Insights of the 150 most promising companies using digital technology to transform the healthcare industry.

On health care technology, Medved told NoCamels, The most important word today in venture capital seems to be velocity. There seems to be a speed at which funding is getting done, companies are growing much faster than before and thats happening in healthcare too which is one of the slower moving areas because of the need for approval and you even see the FDA, because of the changes made in the pandemic just moving a lot faster.

Food tech conquered the headlines in 2021, with a wide range of jaw-dropping innovations.

And Israel is taking part in this revolution of what we eat, how we eat it, what its wrapped in, and how it gets from farm to our plate.

In September, Margalit Startup City Galil the International Foodtech Center, developed in conjunction with the Jewish National Fund (JNF), opened its doors. The center is dedicated to the application of food science and food technologies.

Lab-grown meat was a buzzword in 2021 and is likely going to continue to demand solutions that tackle the harmful effects of livestock systems and reduce the populations reliance on livestock in 2022. Earlier this year, NoCamels reported on the Israeli FoodTech incubator The Kitchen Hub and how its using its resources to cultivate sustainable innovations in the food industry.

Indeed, the Food and Agriculture Organizations of the UN found that the livestock sector emerges as one of the top two or three most significant contributors to the most serious environmental problems.

In November, the worlds first lab-grown meat factory opened in Israel.

Future Meat Technologies, a cell-grown meat developer, raised the most in the sectors history with a Series B investment of $347 million. This investment broke records as the biggest single investment in a cultured meat company to date.

Beyond the lab-grown meat trend, a slew of companies like Imagindairy develop animal-free dairy, Ukko designs proteins that dont trigger allergic responses, and ZeroEgg produces plant-based eggs that aim to behave and taste like the real thing.

Were (globally) investing broadly in food, a ton of money, in next generation milk, eggs, fish, and reduced sugar. Were investing in agriculture tech in terms of data collection and sensors, but not for one year, says Medved.

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7 Tech Trends Where Israel Could Make An Impact In 2022 - NoCamels - Israeli Innovation News

Breaking Up Tech Is a Gift to China – The Wall Street Journal

Few issues unite both sides of the political divide more than anger at U.S. tech companies, whether for censorship of conservative viewpoints or for failing to counter misinformation online. In response to these concerns, legislation introduced in Congress would weaken the U.S. tech industry, ostensibly in the name of breaking up monopolies. Unfortunately, the various bills would hurt the U.S. and strengthen the hand of our greatest geopolitical rival, the Peoples Republic of China.

As of 2018, nine of the top 20 global technology firms by valuation were based in China. President Xi Jinping has stated his intention to spend $1.4 trillion by 2025 to surpass the U.S. in key technology areas, and the Chinese government aggressively subsidizes national champion firms. Beginning with the Made in China 2025 initiative, Beijing has made clear that it wont stop until it dominates technologies such as quantum computing, artificial intelligence, autonomous systems and more. Last month the National Counterintelligence and Security Center warned that these are technologies where the stakes are potentially greatest for U.S. economic and national security.

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Breaking Up Tech Is a Gift to China - The Wall Street Journal

Quantum computing investments up 80 percent since 2018, and there’s new motivation in the space – Oakland News Now

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Quantum computing investments up 80 percent since 2018, and there's new motivation in the space - Oakland News Now

Atom Computing: A Quantum Computing Startup That Believes It Can Ultimately Win The Qubit Race – Forbes

Atom Computing

Atom Computing describes itself as a company obsessed with building the worlds most scalable quantum computers out of optically trapped neutral atoms. The companyrecently revealed it had spent the past two years secretly building a quantum computer using Strontium atoms as its units of computation.

Headquartered in Berkeley, California, Benjamin Bloom and Jonathan King founded the company in 2018 with $5M in seed funds. Bloom received his PhD in physics from the University of Colorado, while King received a PhD in chemical engineering from California Berkeley.

Atom Computing received $15M in Series A funding from investorsVenrock, Innovation Endeavors, and Prelude Ventures earlier this year. The company also received three grants from the National Science Foundation.

Atom Staff

Rob Hays, a former Intel, and Lenovo executive was recently named CEO of the company. Atom Computingsstaff of quantum physicists and design engineers fully complements quantum-related disciplines and applications.This month Atom Computing signaled its continued momentum by adding twoquantum veterans to key positions within the company:

Qubit technologies

While traditional computers use magnetic bits to represent a one or a zero for computation, quantum computers usequantum bits or qubits to represent a one or a zero or simultaneously any number in between.

Todays quantum computers use several different technologies for qubits. But regardless of the technology, a common requirement for all quantum computing qubits is that it must be scalable, high quality, and capable of fast quantum interaction with each other.

IBM uses superconducting qubits on its huge fleet of about twenty quantum computers. Although Amazon doesnt yet have a quantum computer, it plans to build one using superconducting hardware. Honeywell and IonQ both use trapped-ion qubits made from a rare earth metal called ytterbium. In contrast, Psi Quantum and Xanadu use photons of light.

Atom computing chose to use different technology -nuclear-spin qubits made from neutral atoms.Phoenix, the name of Atoms first-generation, gate-based quantum computer platform, uses 100 optically trapped qubits.

Atom Computings quantum platform

First-Generation Quantum Computer, Phoenix, Berkeley,

The Phoenix platform uses a specific type of nuclear-spin qubits created from an isotope of Strontium, a naturally occurring element. Strontium is a neutral atom. At the atomic level, neutral atoms have equal numbers of protons and electrons. However, isotopes of Strontium have varying numbers of neutrons. These differences in neutrons produce different energy levels in the atom. Atom Computing uses the isotope Strontium-87 and takes advantage of its unique energy levels to create spin qubits.

Qubits need to remain in a quantum state long enough to complete computations. The length of time that a qubit can retain its quantum state is its coherence time. Since Atom Computings neutral atom qubits are natural rather than manufactured, no adjustments are needed to compensate for differences between qubits. That contributes to its stability and relatively long coherence time in a range greater than 40 seconds compared to a millisecond for superconducting or a few seconds for ion-trapping systems. Moreover, a neutral atom has little affinity for other atoms, making the qubits less susceptible to noise.

Neutral atom qubits offer many advantages that make them suitable for quantum computing. Here are just a few:

How neutral atom quantum processors work

Atom Computing

The Phoenix quantum platform uses lasers as proxies for high-precision, wireless control of the Strontium-87 qubits. Atoms are trapped in a vacuum chamber using optical tweezers controlledby lasers at very specific wavelengths, creatingan array of highly stable qubits captured in free space.

First, a beam of hot strontium moves the atoms into the vacuum chamber. Next, multiple lasers bombard each atom with photons to slow their momentum to a near motionless state, causing its temperature to fall to near absolute zero. This process is called laser cooling and it eliminates the requirement for cryogenics and makes it easier to scale qubits.

Then, optical tweezers are formed in a glass vacuum chamber, where qubits are assembled and optically trapped in an array. One advantage of neutral atoms is that the processors array is not limited to any specific shape, and it can be either 2D or 3D. Additional lasers create a quantum interaction between the atoms (called entanglement) in preparation for the actual computation. After initial quantum states are set and circuits are established, then the computation is performed.

The heart of Phoenix, showing where the Atom Computings qubits entangle. (First-Generation Quantum ... [+] Computer, Phoenix - Berkeley, California)

Going forward

Atom Computing is working with several technology partners. It is also running tests with a small number of undisclosed customers. The Series A funding has allowed it to expand its research and begin working on the second generation of its quantum platform. Its a good sign that Rob Hays, CEO, believes Atom Computing will begin generating revenue in mid-2023.

Atom Computing is a young and aggressive company with promising technology. I spoke with Denise Ruffner shortly after she joined Atom. Her remarks seem to reflect the optimism of the entire company:

"I am joining the dream team - a dynamic CEO with experience in computer development and sales, including an incredible Chief Product Officer, as well as a great scientific team. I am amazed at how many corporations have already reached out to us to try our hardware. This is a team to bet on."

Analyst notes

Note: Moor Insights & Strategy writers and editors may have contributed to this article.

Moor Insights & Strategy, like all research and tech industry analyst firms, provides or has provided paid services to technology companies. These services include research, analysis, advising, consulting, benchmarking, acquisition matchmaking, or speaking sponsorships. The company has had or currently has paid business relationships with 88,A10 Networks,Advanced Micro Devices, Amazon,Ambient Scientific,AnutaNetworks,Applied Micro,Apstra,Arm, Aruba Networks (now HPE), AT&T, AWS, A-10 Strategies,Bitfusion, Blaize, Box, Broadcom, Calix, Cisco Systems, Clear Software, Cloudera,Clumio, Cognitive Systems, CompuCom,CyberArk,Dell, Dell EMC, Dell Technologies, Diablo Technologies,Dialogue Group,Digital Optics,DreamiumLabs, Echelon, Ericsson, Extreme Networks, Flex, Foxconn, Frame (now VMware), Fujitsu, Gen Z Consortium, Glue Networks, GlobalFoundries, Revolve (now Google), Google Cloud,Graphcore,Groq,Hiregenics,HP Inc., Hewlett Packard Enterprise, Honeywell, Huawei Technologies, IBM,IonVR,Inseego, Infosys,Infiot,Intel, Interdigital, Jabil Circuit, Konica Minolta, Lattice Semiconductor, Lenovo,Linux Foundation,Luminar,MapBox, Marvell Technology,Mavenir, Marseille Inc, Mayfair Equity, Meraki (Cisco),Mesophere, Microsoft, Mojo Networks, National Instruments, NetApp, Nightwatch, NOKIA (Alcatel-Lucent), Nortek,Novumind, NVIDIA,Nutanix,Nuvia (now Qualcomm), ON Semiconductor, ONUG, OpenStack Foundation, Oracle, Panasas,Peraso, Pexip, Pixelworks, Plume Design, Poly (formerly Plantronics),Portworx, Pure Storage, Qualcomm, Rackspace, Rambus,RayvoltE-Bikes, Red Hat,Residio, Samsung Electronics, SAP, SAS, Scale Computing, Schneider Electric, Silver Peak (now Aruba-HPE), SONY Optical Storage,Springpath(now Cisco), Spirent, Splunk, Sprint (now T-Mobile), Stratus Technologies, Symantec, Synaptics, Syniverse, Synopsys, Tanium, TE Connectivity,TensTorrent,TobiiTechnology, T-Mobile, Twitter, Unity Technologies, UiPath, Verizon Communications,Vidyo, VMware, Wave Computing,Wellsmith, Xilinx,Zayo,Zebra,Zededa, Zoho, andZscaler.Moor Insights & Strategy founder, CEO, and Chief Analyst Patrick Moorhead is a personal investor in technology companiesdMYTechnology Group Inc. VI andDreamiumLabs.

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Atom Computing: A Quantum Computing Startup That Believes It Can Ultimately Win The Qubit Race - Forbes

2021 Best Insights From Quantum Computing Top Leaders Quantum Computing – Forbes

View of Cyborg hand holding Quantum computing concept with qubit and devices 3d rendering

QC Investment Today

Quantum Computing (QC) proof of concept (POC) projects are growing in Q4 2021 with commercialization pilots by 2025 and broader adoption before 2030.Accelerated digital transformation and digital reshaping from the pandemic is driving investments and early IPOs (ex. Q1 announcement by IonQ). In my daily engagements pro bono with global communities (across governments, industry, computing and research organizations, NGOs, UN agencies, innovation hubs, think tanks) of more than 60K CEOs, 30K investors , 10K innovation leaders, Im finding nearly 50% are planning pilots for QC in five years. Theres an understanding that the exponential lead provided by a breakthrough in QC warrants the early investment and learnings now since practical adoption will take years.

As a measure of progress and to stimulate collaboration/sharing in QC, the non-profit IEEE held their first Quantum Week in October 2020 and is holding their second conference IEEE Quantum Week 2021 October 18-22 2021. Ill provide a follow-up article after the conference.

Quantum Physics produces Quantum Effects from Quantum Mechanics providing Quantum Information Science that includes quantum computing, quantum communications, quantum sensing, quantum measurement, quantum safe cryptography and more. I often use QC as the general term for simplicity in this article to point to Quantum Effects-related to Quantum Information Science. Quantum Information Science is the better umbrella term.

Learn From the QC Top Leaders

In this article, I will highlight QC 2021 best insights from my chats with QC top leaders in 2021. The pro bono full video interviews can be found with the non-profits such as IEEE TEMS and ACM (see interviews series Stephen Ibaraki). IEEE is the largest non-profit electrical engineering organization and responsible for many of the global standards in use today in technology.

The QC interviewees include:

Michele Mosca: Co-founder, Institute for Quantum Computing, University of Waterloo; Founder of Quantum-Safe Canada and Quantum Industry Canada; Co-founder and CEO of the quantum-safe cybersecurity company, evolutionQ.

William Hurley, who goes by the name whurley: Innovator; Serial Entrepreneur; Founder & CEO Strangeworks, about Quantum Computing.

Scott Aaronson: David J. Bruton Centennial Professor of Computer Science at the University of Texas at Austin; recipient of ACM Prize in Computing; about theoretical computer science and quantum computing. The ACM prize is the second highest award from the ACM, which is the largest non-profit computing science organization.

Stefan Woerner: IBM Quantum Applications Research & Software Lead. Stefan is considered one of the top researchers in QC applications.

QC Top Leaders Best Pointers

Michele Mosca details quantum history and being at the founding of world leading physics and quantum research groups at University of Waterloo. We discuss the future of quantum, the probabilities of success timelines, and providing quantum risk assessment. In addition, Michele and his students have founded companies in this area thus the entrepreneurship journey is shared.

We discuss categories of quantum:

Quantum computing (QC), the focus on my January Forbes article where Google in 2019 and China in 2020 provided examples of Quantum Supremacy where problems are solved in seconds that would take thousands or billions of years on classical digital computers.

Quantum safe cryptography and designs to be safe from quantum enabled attacks. NIST (National Institute of Standards and Technology) working on QC standards. Encryption being vulnerable to quantum computing capabilities including where data can be stored and decrypted later by quantum computers.

Quantum communications where China is leading and also the UN agency ITU has programs such as Quantum Information Technology for Networks.

Quantum sensing providing ultrasensitive capabilities to detect underwater deposits and seismic events plus much more.

Willan Hurley whurley shares his experiences as a serial entrepreneur including having several startups exit within the same year. whurley then shares turning his attention to QC by authoring the book, Quantum Computing for Babies, and launching his startup Strangeworks. Strangeworks provides a platform with developer tools and systems management. In our chat, whurley states, I think if you look at IBM public roadmap, if you look at IBM Q, and Rigetti, and all of the companies and what they're doing Microsoft, Google; Google, even then announce it, they think they'll have their machine in 2029...and I think that they will actually do it before. So I predict Google will have a machine online, closer to the 2025, 2026 range...There's over 500 startups involving quantum right now today. When I started three years ago, they were like 12...And you're going to see a big inflection point driven by the government investment worldwide ... whurley talks about billions invested in France, Germany, China, USA ...you've got Norway, Finland, Russia, you've got everybody in this game now.

Scott Aaronson received the 2020 ACM Prize in Computing in April 2021 for his contributions to QC. In our chat, we talk about his work and his views on QC today and into the future. Its good to view our chat - as noted in the ACM prize citation, Aaronson helped develop the concept of quantum supremacy, which denotes the milestone that is achieved when a quantum device can solve a problem that no classical computer can solve in a reasonable amount of time. Aaronson established many of the theoretical foundations of quantum supremacy experiments. Such experiments allow scientists to give convincing evidence that quantum computers provide exponential speedups without having to first build a full fault-tolerant quantum computer. The ACM citation provides notable contributions with: Boson Sampling, Fundamental Limits of Quantum Computers, Classical Complexity Theory, his respected book on QC Quantum Computing Since Democritus and Scotts work Making Quantum Computing Accessible (ex. his popular blog.Shtetl Optimized).

Here are excerpts from my extensive chat with Stefan Woerner. The interview has been edited for clarity and brevity and I used AI to provide the transcript (which has limits). I recommend going directly to the video interview for our nuanced discussion.

Stephen Ibaraki

I ask how Stefan got into quantum computing.

Stefan Woerner

And then I started to look into how can we apply this to problems I looked into before, for example, in optimization or in finance, and it turned out that, that there are many things that can be done...quantum computing gave me a new toolbox to look at the problems that I studied already for quite a while and it opened up completely new directions. It also came with quite new challenges. But but I think it's extremely exciting for me. Now having this additional tools, additional possibilities to try to solve relevant problems and eventually have an impact with optimization or with Monte Carlo simulation and things like that.

Stephen Ibaraki

That's fascinating, your grandfather's sort of stimulating this interest in mathematics and sciences in general as well...And then in your early work, using mathematics, did you use supercomputers at that time in your optimization problems?

Stefan Woerner

We did some optimization on the cloud. And we used some cloud solvers. But these were not supercomputing. So our approach was more to try to find good formulations that are accessible by the solvers. We had, for example, writing our own simulations for supply chains that could be leveraged in an optimization setting.

Stephen Ibaraki

Quantum computing is still a mystery to a lot of people and especially to developers so there's more and more tools coming out. You have the IBM challenge to try to make it easier for the broader community to start experimenting with quantum computing. But before we delve into the tools you have and how you make it accessible for proof of concepts. Let's go back to basics, what is quantum computing?

Stefan Woerner

So quantum computing is a completely new computational paradigm where you leverage the laws of quantum mechanics. And that means if we now really go to the basics, classically, you have a bit, that's either zero or one. In quantum computing, you have the quantum bit qubit, which can be a superpositions of zero or one. And that sometimes this is explained like it's 50%, zero or 50%, one. But that's not 100% true; it's really like a superposition, it's this state in between, so you can think of it as a continuous variable, in a way a continuous value. If you have two qubits they can also be entangled. And in a way, this means that the state of two qubits can be correlated. So if you can, you can construct states that are perfectly correlated, where the state of the one qubit perfectly determines the state of the other qubit. So if the one [qubit] is zero, you know, the other one is also zero. And the other way around, if the one [qubit] is one, the other is also one. So this correlation of two particles, which are two qubits, this is something that's purely quantum mechanical. This doesn't exist in classical computing and classical electronics. And if you scale this, this means that the state space of a system of qubits scales exponentially. So that the state space to describe the system really scales extremely fast to something that's way beyond you can handle classically, that alone would not be enough. There's one more feature, let's call them interference. And you know that from sound or from water, you can have constructive and destructive interference where waves are adding up or they're cancelling out. And this is something that we leverage in quantum computing, as well. So you can have this high dimensional states, and then you can let them interfere. And that's what actually then amplifies probabilities of good solutions. Now, this also tells you one important thing, a way a quantum computer is working. And the way you program a quantum computer is completely different to how you would do this classically. Because you need to translate your problem now into something that's leveraging this interference in a way.

Stephen Ibaraki

There's this idea early on in quantum computing, where they're measuring the capabilities by the number of relatively stable, qubits, or logical qubits. And then IBM came up with this idea of quantum volume. They're saying maybe qubits is not a great way of representing the capability of a quantum computing. Can you explain IBM's concept of a quantum volume?

Stefan Woerner

Qubits that we built today, let's refer to them as physical qubits. They are noisy so they after a while they lose the state, the operations that we can can use to control their state or to modify the state are not perfect. So there's an error. And that means it's so difficult to really operate with these qubits until you really have to imagine here this is really trying to harness nature as its extreme. It's, in our case, superconducting qubits. So they are in a very cold environment and shielded from external disturbances and so on. These physical qubits, they're kind of fragile and you can have lots of qubits, but if they have very high error rates, you won't be able to use all of them. Because once you operated on all of them and entangled them, and so on, you introduce so much noise that you're not getting out anything meaningful anymore. So you really need to take into account the number of qubits, that is an important factor. But as you said, not the only one. But also the errors indicating the decoherence time. So how long the qubit keeps it state, and things like that. And now the quantum volume is a single number that's determined by some benchmarking circuit. So you run some operations on your quantum hardware, where you kind of know the result, or you can evaluate the result. And you can then say, whether this is above a certain threshold or not. And then if you can run this on a certain certain number of qubits and with a certain number of operations, and this determines the quantum volume. And so the quantum volume in a way determines how many qubits you can use with a certain number of operations, meaning that the number of operations that you run sequentially is about the number of qubits. But this is kind of benchmark. So the single number benchmark that puts on it, that takes into account the number of qubits and noise and all these factors that actually impact the power of a quantum computer. Now, this is for these physical qubits, then now looking forward, once we reach a certain size and a certain quality, then we can leverage error correction. And we can get to fault tolerant quantum computing. In here, we take many physical qubits, and we encode them as one logical qubit. So there's like an abstract and logical error correction layer on top of that. And this overhead is relatively large, so it's estimated that you need a few 100 to 1000 physical qubits to get to one logical qubit. And then this logical qubit has a significantly suppressed error. And then you can start to work with that, in this clean theoretic computational paradigm where you ignore more or less the noise from the hardware.

Stephen Ibaraki

IBM, announcing their 1 million qubit roadmap by 2030. What does that roadmap mean? I know you've got some interim results that you're targeting: 2023, 2025, etc., 2030. What are the implications of this roadmap?

Stefan Woerner

So I think the next couple of years will be would be very, very exciting for different reasons. So the roadmap that we announced that says that, until 2023, we reach a quantum chip with more than 1000 qubits and also give some specifications on the error rates that these qubits should have because as I mentioned before, qubits, just the number of qubits doesn't mean too much. So the quality needs to be improved as well, to really get a more powerful quantum computer and so we get over 100 qubits. So currently we have 65 [qubits]. Last year we released 65 that can be accessed to the cloud this year, we plan to get to 127 I think, next year 433. And then after 2023 over 1000. And, in the roadmap and also the technical details, like what leads to this improvement, what are the changes that help us to grow these chips. Now getting to 1000 qubits is kind of an inflection point. And this is because, as I mentioned before, this is about the number that you need to to build a logical qubit. So that's where you can really start to study, fault tolerant quantum computing, maybe at a small scale. But, that will be then the first time this really can be investigated in depth. And then the next step to scale to the millions; also then to not have like more and more qubits on a single chip, but also go for example, you could imagine that you combine multiple chips with 1000 qubits. And that way, get a larger quantum computer. Well, that's from the technological development, this is extremely fascinating. And I think also, this path to the 1000 qubits will be extremely interesting for applications and algorithms, researchers like myself, because right now when we run algorithms on real hardware, and also when we simulate them classically, which is very, very expensive computationally, because it scales exponentially in a number of qubits...and once we scale to 60, 100, 400, 1000 cubits, this is really where we can see that the asymptotic behavior of these heuristics, so this is really where we can start to make forecasts about how they will perform for interesting problems. And I think that this will result in us getting a way better understanding of what we can do with near term quantum computers for optimization for machine learning, for things like that.

Stephen Ibaraki

Different companies and research groups come out with different claims; there's a group out of China recently came up with a claim that they've achieved some kind of quantum supremacy that it would take a supercomputer, over 2 billion years to do this kind of quantum problem of Gaussian boson sampling. Google, made some buzz, in 2019, where they released the Sycamore system, and they indicated, quantum supremacy on this quantum problem. It's not a practical problem, but really just to illustrate that it can do something that maybe supercomputers can't do. And yet IBM looked at that and said, maybe that's not as big of a breakthrough as you're indicating, because really, we can get that done on a supercomputer just by improving our algorithms to maybe a few days. So maybe it's not quantum supremacy is. So what is supremacy, what is quantum advantage? There's these words being thrown out, and what is it real?

Stefan Woerner

So we don't use quantum quantum supremacy for multiple reasons. One, is we don't believe that quantum computers will become superior to classical computers at any point. And so a quantum computer cannot speed up everything. A quantum computer can be used as an accelerator for some tasks. So I think it will always be a combination of classical and quantum computers that work in harmony to solve some problems. So it's not like you won't write your emails with a quantum computer [you will NOT be using quantum computers to write emails], you might solve some computationally heavy quantum chemical simulations or control optimization problems with a quantum computer. And now, what do we mean by quantum advantage? That's if you can do something with the help of a quantum computer that has some practical value. So I think what you mentioned are very nice experimental demonstrations. And important steps on the development of quantum computers. What we're looking for is really a practical value that has been achieved with a quantum computer. And I think that still is a bit out in the in the future.

Stephen Ibaraki

You're an expert in quantum computing, but there's different kinds of quantum computing. And what I mean by that: trapped ion concept, topological quantum computer that Microsoft has been chasing for some time, very low temperature spin, photonic, can you get into a summary of the different categories and why IBM has chosen your particular way of doing quantum computing?

Stefan Woerner

Trapped ions, spins, photonics, and also in superconducting they're different designs, we will look into superconducting qubits, because we think that's particularly in the near term, the most promising to scale...superconducting qubits are operating in very low temperature...about 50 milli Kelvin, which is, I think, 100 or 1000 times colder than outer space. So this really like just above the absolute zero temperature. And that, that sounds very challenging. But this, dilution refrigerators that get down to these temperatures, this is something that is actually quite reliable and well understood technology. So that first sounds like a big problem. But I think that's something that has been quite well understood. And if you have that solved, or if you have the environment where you can operate them, then you can process these chips, you can come up with different designs, the superconducting qubits, for example, at a larger scale than the spins. So I think, to get these near term systems, that there might be an advantage in processing, in fabricating them. And we came up with a design that is also accessible to error correction. So here's, that's an example where the theoretical research and error correction and the people who design the devices are really like collaborated very nicely because the design of the chip has been chosen such that it's good to manufacture it, and which has then let the error correction team to come up with new error correcting codes that can be run, eventually on this hardware. So these are all pieces that fit together that make us believe that we can scale this to 1000 cubits and then if we, for example, can connect larger chips also to the to the millions.

Stephen Ibaraki

I've been in computing for such a long time. And I remember in the early days, we would flick toggle switches, and program literally in binary code; we moved to assembler then we went to higher level languages. We got to a stage where you had abstraction of the hardware through an operating system; you can write to a more generic kind of code using a much higher level language and that made it much easier. So what is the work being done in that area in quantum computing, to abstract the hardware underneath from an operating standpoint; using toolkits?

Stefan Woerner

So, we just released the development roadmap earlier this year, which, addresses this to some extent, like how the stack will grow, how levels of abstraction will be included, whether this is for, like, pre defined quantum circuits, that you don't have to build the circuit yourself. But that, you know, there's hardware, a library of pre compiled for the hardware, pre compiled circuits, and it's like an optimized instruction set. And, things like that up to actual application services. And now, in terms of the actual languages, I think we are in a very interesting situation, which is a little bit different to what you explained before, because on the one side, we are at the stage of defining the new assembler standard, which is a quantum assembly language. But at the same time, we do have the classical languages, right, we do have a Python, for example, that we can embed all of this in. So we have a render situation that we can leverage the classical existing high level languages. And in this embed these new functionalities, we can write functions, classical functions, that compile or assemble or optimize some of these quantum stuff. And that, that allows us, for example, to build work on application modules. So you, I think, you mentioned qiskit before, qiskit is our open source Python framework, to program quantum computers to define quantum circuits to simulate quantum circuits and to also send them over the cloud to the real hardware. And within qiskit, we are building application modules. And here we're looking into the moment in four different application areas, there's optimization, there's natural sciences, there's machine learning, and finance. And the optimization module has been released the middle of last year. And what this does is it, it allows you to use a classical high level language to specify your optimization problem. Because that's something that has been solved, right, this is nothing quantum computing specific. Like classical optimization, subject matter experts knows how to define a optimization problem using different languages as for example, an IBM language, to model your problem. And now what the qiskit optimization module allows us to take this classical problem, and it automatically translates it into different different representations that are then accessible to different quantum optimization algorithms. So we on the one side, we still work on the assembly level. But on the other side, we have the classical language that does all the translations for us from a high level problem down to an actual circuit. And these, these optimization modules are built in such a way that it's very easy to get started. So you can, if you are like a subject matter expert in one of these domains, you can just download these modules, they are open source, and you can get the tutorials that actually allow you to use the quantum algorithm as a black box. So the entry barrier to run your first quantum optimization program on some illustrative example, is very low, forever. This whole thing is also built in such a modular and flexible way that you can use it as a black box, but you can open the black box, you can look at every level, you can tear it apart, you can replace different pieces by your own implementation, and see whether they improve, whether they change, how do they compare. So it's built in a way that is easy to get started. But that also really, really supports cutting edge research in these areas.

Stephen Ibaraki

But ultimately, if you want to have, mass proliferation, or usage, you will have to work at this much higher abstraction level. So it's easier for people to get involved. And I guess that's the reason behind the IBM challenge, right, to get people involved. And I read last year your two biggest communities who tried it, were in the data science area, and then financial services, but you also have people like high school students trying and completing the program. Can you talk about this challenge and what you're trying to do? And, and typically, what it involves maybe it's three or four stages of things that you put people through, and you actually get quite a few actually going through the entire program. So can you give us an example what that is like?

Stefan Woerner

This challenge was a collection of problems / tasks that people could apply and try to solve. And this included problems using qiskit, to solve an optimization problem. We have different difficulty...many people really reached the highest score... If I remember correctly, some people even reached the score where there was a little bit higher than anticipated. And that the challenge was one thing, but there was also a kid summer school, ...global summer school with, if I remember correctly, around four or 5000 participants globally. So we provide these educational offers, because it's really important, as you say, for people to be able to get into how this works, but what's different, to grow also the workforce in this in this area, because there will be an increasing demand. And I think, because it is so different, because it is still new, we just figured out the tip of the iceberg of what to use a quantum computer for or how to use a quantum computer to solve problems. So I think it will be extremely important to educate more people around quantum computing, and you see universities picking that up and coming up with new quantum computing curricula, and so on. And so this is important also to really leverage the full potential of this technology.

Stephen Ibaraki

Microsoft had a blog post where they indicated that it's really not suitable right now for for problems, which have a lot of data requirements, either data and in getting data in and getting data out, it's really more for certain kind of computational problems. And where you're really taking advantage of the unique capabilities within quantum computing. And you've indicated that as well, it's not a standalone; my iPhone isn't going to have a quantum computer in it; it's going to be in combination, or in hybrid form in some way. And you're seeing that with D-Wave, which has a piece of this quantum capability with their quantum annealing, but they have these hybrid systems. That leads to this question, what kind of industries are really suitable for quantum computing? What kind of problems are really suitable for quantum computing? What are the different categories where this whole quantum phenomena is being exploited right now? Or you think we'll have some major kind of advantages going into the future?

Stefan Woerner

Let me get back to the first point you mentioned about data. Because I think that's important. I indicated at the beginning that quantum computers can solve some problems better and that's really important, not all problems. And big data problems are like, if the problem is not that the tasks you want to execute is computationally very complex, but that you want to run it on like a tremendously large data set. Then this is very likely not a quantum computing use case, because loading this large data to a quantum computer just has complexity of the size of the data. But then many of these large are many of these big data algorithms. Classical algorithms also have that complexity, like if you have a big data set and your complexity is quadratic in the data size, and this probably won't work. And that means that loading a big data set into a quantum computer. Well, and here we're talking most likely about a fault tolerant quantum computer will have the same complexity as doing a solving the problem you're interested in classically. So for some problems is just a fundamental limitation; the good example is Grover's search, which is sometimes illustrated as searching unstructured database. But the first thing you have to do is you have to load this database into a quantum computer. And when you load this, and you have to take every element, then you just stop when you found what you're looking for. So we don't load the full database to the quantum computer, but that you would have to search it. So these things can happen. I think particularly in quantum machine learning algorithms, often this fact is is not considered. And still there are some interesting theoretical results. But if you want to look into this, from an application point of view, you really need to analyze it end to end from loading the data to extracting the result. And only then you can make a statement about a potential practical quantum advantage. Now on your question in the industries, so we actually working with quite a lot of companies; I think in the IBM quantum network, we have over 130 members by now. And there's of course, the financial service sector we're working with; with JP Morgan Chase, Goldman Sachs, on things like options, pricing, the derivative pricing and credit risk analysis or risk analysis in general, also optimization, portfolio optimization, things like that. So, I think the financial service sector is an industry that has a lot of of interest in quantum computing, because it's a very compute intensive industry. And, for example, many, many things are done by a Monte Carlo simulation, where we might have some potential speed ups with quantum computing. But there's also a lot of optimization and also machine learning; if you think about credit card fraud, this is something that still causes a lot of costs for the credit card industry and if they could reduce the false positives, and they would significantly reduce costs and improve proof reputation, because no customer likes accidentally blocking of their credit card. So, this is one sector, then since quantum computing might speed up optimization problems, there eventually might be a use cases around logistics supply chain, all these things...I mean, the original idea for quantum computing as Feynman formulated, this was for simulating quantum systems...quantum chemistry, quantum physics, material science, ... and eventually use cases...life science, industry and chemical industry, this these are certainly use cases that might really have a large potential...We have a lot of activities around quantum chemistry. And how to eventually scale this to get to design new materials or to understand to how chemical reactions work to build new catalysts that allow to run some chemical reactions at ambient conditions where today we require lots of energy and so on.

Stephen Ibarakiand Stefan Woener

I ask for further POCs in the near term and Stefan provides added examples. Stefan also looks longer term. ...opens up completely new ways of doing business of doing, for example, financial product, if you have like real time risk tracking, which can also maybe even prevent different things because you can react way faster. So it can lead to a way more informed decision making in multiple businesses... I think quantum quantum computing has also the potential to solve some of the really big problems that society may face in the coming years, whether this is fertilizers for food, and so on, which can use a lot of energy these days. And so this is something where it might help and there are a couple of examples where / when nature does something extremely efficient, and humans have no clue how to reproduce that. And I think with quantum computing, once we really figured out how to build this hardware, and then also, there's a lot of open questions on the algorithms. This might give us a completely new lens to look at nature, to look at how things actually work. So I would imagine that this helps us also to really push the fundamental understanding of how the world actually works, eventually.

We explore areas: quantum cryptography, quantum encryption and decryption and Shor's algorithm, a quantum accelerator, quantum sensing, quantum communications, quantum gravimeters, 20 million qubits where Shor's algorithm becomes a real factor, and in breaking RSA encryption, quantum key distribution.

We get into a discussion about quantum inspired applications (apply the principles to solve real problems today, even though the quantum hardware isn't quite there yet. And when it's ready, it scales.) Stefan provides his insights including improvements to classical software, It's a nice term for classical algorithms. I think, in principle, it's very cool if quantum algorithm research can also inspire finding new classical algorithms. I think this can happen either by kind of de-quantizing, some quantum algorithms, as we have seen, in the last years that there is a, like a quantum algorithm that promises a certain advantage. And then people have found how to kind of mimic some of the of the core parts of this algorithm using some classical sampling techniques. And they could show similar performance. I mean, this is always a little bit disappointing if you try to show a quantum advantage with this algorithm. And then classical algorithms can beat that. But I think it's a pretty cool development. But it stays a classical algorithm...that is not to forget that it is just a classical algorithm. It doesn't give you any advantage from coming from quantum; it's a classical algorithm that has been designed by using some ideas that are coming from quantum computing, but it's based on classical computers. So it will not give you a quantum advantage because it's classical.

We get into philosophical discussions about new kinds of computing and on quantum effects including on consciousness.

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2021 Best Insights From Quantum Computing Top Leaders Quantum Computing - Forbes

IBM and Raytheon Technologies collaborate on AI, cryptography and quantum technologies – Scientific Computing World

IBM and Raytheon Technologies have announced a collaboration to jointly develop advanced artificial intelligence (AI), cryptographic and quantum solutions for the aerospace, defence and intelligence industries, including the federal government, as part of a strategic collaboration agreement.

Artificial intelligence and quantum technologies give aerospace and government customers the ability to design systems more quickly, better secure their communications networks and improve decision-making processes. By combining IBM's breakthrough commercial research with Raytheon Technologies' own research, plus aerospace and defence expertise, the companies will be able to crack once-unsolvable challenges.

Dario Gil, senior vice president, IBM, and director of research comments: The rapid advancement of quantum computing and its exponential capabilities has spawned one of the greatest technological races in recent history one that demands unprecedented agility and speed. Our new collaboration with Raytheon Technologies will be a catalyst in advancing these state-of-the-art technologies combining their expertise in aerospace, defence and intelligence with IBM's next-generation technologies to make discovery faster, and the scope of that discovery larger than ever.

In addition to artificial intelligence and quantum, the companies will jointly research and develop advanced cryptographic technologies that lie at the heart of some of the toughest problems faced by the aerospace industry and government agencies.

Mark Russell, Raytheon Technologies chief technology officer added: Take something as fundamental as encrypted communications. As computing and quantum technologies advance, existing cybersecurity and cryptography methods are at risk of becoming vulnerable. IBM and Raytheon Technologies will now be able to collaboratively help customers maintain secure communications and defend their networks better than previously possible.

The companies are building a technical collaboration team to quickly insert IBM's commercial technologies into active aerospace, defence and intelligence programs. The same team will also identify promising technologies for jointly developing long-term system solutions by investing research dollars and talent.

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IBM and Raytheon Technologies collaborate on AI, cryptography and quantum technologies - Scientific Computing World

IONQ Stock: Why It Increased Today – Pulse 2.0

The stock price of IonQ Inc (NYSE: IONQ) increased by over 3.6% during intraday trading today. Investors are responding positively to researchers from The University of Maryland and IonQ (a leader in trapped-ion quantum computing) publishing results in the journal Nature that show a significant breakthrough in error correction technology for quantum computers.

In collaboration with scientists from Duke University and the Georgia Institute of Technology, this work demonstrated for the first time how quantum computers can overcome quantum computing errors, a key technical obstacle to large-scale use cases like financial market prediction or drug discovery.

Currently, quantum computers suffer from errors when qubits encounter environmental interference. And quantum error correction works by combining multiple qubits together to form a logical qubit that more securely stores quantum information.

But storing information by itself is not enough. Quantum algorithms also need to access and manipulate the information. And to interact with information in a logical qubit without creating more errors, the logical qubit needs to be fault-tolerant.

The study (completed at the University of Maryland, peer-reviewed, and published in the journalNature) demonstrates how trapped ion systems like IonQs can soon deploy fault-tolerant logical qubits to overcome the problem of error correction at scale. And by successfully creating the first fault-tolerant logical qubit a qubit that is resilient to a failure in any one component the team has laid the foundation for quantum computers that are both reliable and large enough for practical uses such as risk modeling or shipping route optimization.

The team had demonstrated that this could be achieved with minimal overhead, requiring only nine physical qubits to encode one logical qubit. And this will allow IonQ to apply error correction only when needed, in the amount needed, while minimizing qubit cost.

Behind the study are recently graduated UMD PhD students and current IonQ quantum engineers Laird Egan and Daiwei Zhu, IonQ cofounder Chris Monroe as well as IonQ technical advisor and Duke Professor Ken Brown. And coauthors of the paper include: UMD and Joint Quantum Institute (JQI) research scientist Marko Cetina; postdoctoral researcher Crystal Noel; graduate students Andrew Risinger and Debopriyo Biswas; Duke University graduate student Dripto M. Debroy and postdoctoral researcher Michael Newman; and Georgia Institute of Technology graduate student Muyuan Li.

This news follows on the heels of other significant technological developments from IonQ. And the company recently demonstrated the industrys first Reconfigurable Multicore Quantum Architecture (RMQA) technology, which can dynamically configure 4 chains of 16 ions into quantum computing cores.

And the company also recently debuted patent-pending evaporated glass traps: technology that lays the foundation for continual improvements to IonQs hardware and supports a significant increase in the number of ions that can be trapped in IonQs quantum computers. It recently became the first quantum computer company whose systems are available for use via all major cloud providers. IonQ also recently became the first publicly-traded, pure-play quantum computing company.

KEY QUOTES:

This is about significantly reducing the overhead in computational power that is typically required for error correction in quantum computers. If a computer spends all its time and power correcting errors, thats not a useful computer. What this paper shows is how the trapped ion approach used in IonQ systems can leapfrog others to fault tolerance by taking small, unreliable parts and turning them into a very reliable device. Competitors are likely to need orders of magnitude more qubits to achieve similar error correction results.

Peter Chapman, President and CEO of IonQ

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.

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IONQ Stock: Why It Increased Today - Pulse 2.0

Google’s ‘time crystals’ could be the greatest scientific achievement of our lifetimes – The Next Web

Eureka! A research team featuring dozens of scientists working in partnership with Googles quantum computing labs may have created the worlds first time crystal inside a quantum computer.

This is the kind of news that makes me want to jump up and do a happy dance.

These scientists may have produced an entirely new phase of matter. Im going to do my best to explain what that means and why I personally believe this is the most important scientificbreakthrough in our lifetimes.

However, for the sake of clarity, theres two points I need to make first:

In colloquial terms, its a big screw you to Sir Isaac Newton.

Time crystals are a new phase of matter. For the sake of simplicity, lets imagine a cube of ice.

When you put a cube of ice in glass of water, youre introducing two separate entities (the ice cube and the liquid water) to each other at two different temperatures.

Everyone knows that the water will get colder (thats why we put the ice in there) and, over time, the ice will get warmer and turn into water. Eventually youll just have a glass of room-temperature water.

We call this process thermal equilibrium.

Most people are familiar with Newtons first law of motion, its the one that says an object at rest tends to stay at rest and an object inmotion tends to stay in motion.

An important side-effect of this law of physics is that it means a perpetual motion machine is classically impossible.

According to classical physics, the universe is always moving towards entropy. In other words: if we isolate an ice cube and a room-temperature glass of water from all other external forces, the water will always melt the ice cube.

The entropy (the movement towards change) of any system will always remain the same if there are no processes, and it will always increase if there are processes.

Since our universe has stars exploding, black holes sucking, and people lighting things on fire chemical processes entropy is always increasing.

Except when it comes to time crystals. Time crystals dont give a damn what Newton or anyone else thinks. Theyre lawbreakers and heart takers. They can, theoretically, maintain entropy even when theyre used in a process.

Think about a crystal youre familiar with, such as a snowflake. Snowflakes arent just beautiful because each one is unique, theyre also fascinating formations that nearly break the laws of physics themselves.

Crystalline structures form in the physical world because, for whatever fundamental scientific reason, the atoms within them want to exist in certain exact points.

Want is a really weird word to use when were talking about atoms Im certainly not implying theyre sentient but its hard to describe the tendency toward crystalline structures in abstracts such as why.

A time crystal is a new phase of matter that, simplified, would be like having a snowflake that constantly cycled back and forth between two different configurations. Its a seven-pointed lattice one moment and a ten-pointed lattice the next, or whatever.

Whats amazing about time crystals is that when they cycle back and forth between two different configurations, they dont lose or use any energy.

Time crystals can survive energy processes without falling victim to entropy. The reason theyre called time crystals is because they can have their cake and eat it too.

They can be in a state of having eaten the whole cake, and then cycle right back to a state of still having the cake and they can, theoretically, do this forever and ever.

Most importantly, they can do this inside of an isolated system. That means they can consume the cake and then magically make it reappear over and over again forever, without using any fuel or energy.

Literally everyone should care. As I wrote back in 2018, time crystals could be the miracle quantum computing needs.

Nearly every far-future tech humans can imagine, from teleportation to warp drives and from artificial food synthesizers to perpetual motion reactors capable of powering the world without burning fuels or harnessing energy, will require quantum computing systems.

Quantum computers can solve really hard problems. Unfortunately, theyre brittle. Its hard to build them, hard to maintain them, hard to get them to do anything, and even harder to interpret the results they give. This is because of something called decoherence, which works a lot like entropy.

Computer bits in the quantum world, qubits, share a funky feature of quantum mechanics that makes them act differently when observed than when theyre left alone. That sort of makes any direct measurements of qubit states (reading the computers output) difficult.

But time crystals want to be coherent. So putting them inside a quantum computer, and using them to conduct computer processes could potentially serve an incredibly important function: ensuringquantum coherence.

[Greetings Humanoids! Did you know we have a newsletter all about AI and quantum computing? You can subscribe to itright here]

No. No, no, no, no no. Dont get me wrong. This is baby steps. This is infancy research. This is Antony van Leeuwenhoek becoming the first person to use a microscope to look at a drop of water under magnification.

What Googles done, potentially, is prove that humans can manufacture time crystals. In the words of the researchers themselves:

These results establish a scalable approach to study non-equilibrium phases of matter on current quantum processors.

Basically they believe theyve proven the concept, so now its time to see what can be done with it.

Time crystals have always been theoretical. And by always, I mean: since 2012 when they were first hypothesized.

If Googles actually created time-crystals, it could accelerate the timeline for quantum computing breakthroughs from maybe never to maybe within a few decades.

At the far-fetched, super-optimistic end of things we could see the creation of a working warp drive in our lifetimes. Imagine taking a trip to Mars or the edge of our solar system, and being back home on Earth in time to catch the evening news.

And, even on the conservative end with more realistic expectations, its not hard to imagine quantum computing-based chemical and drug discovery leading to universally-effective cancer treatments.

This could be the big eureka weve all been waiting for. I cant wait to see what happens in peer-review.

If you want to know more, you can read Googles paper here. And if youre looking for a technical deep-dive into the scientific specifics of what the researchers accomplished in the lab, this piece on Quanta Magazine byNatalie Wolchover is the bees knees.

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Google's 'time crystals' could be the greatest scientific achievement of our lifetimes - The Next Web

IBM’s newest quantum computer is now up-and-running: Here’s what it’s going to be used for – ZDNet

A Quantum System One, IBM's flagship integrated superconducting quantum computer, is now available on-premises in the Kawasaki Business Incubation Center in Kawasaki City.

IBM has unveiled a brand-new quantum computer in Japan, thousands of miles away from the company's quantum computation center in Poughkeepsie, New York, in another step towards bringing quantum technologies out of Big Blue's labs and directly to partners around the world.

A Quantum System One, IBM's flagship integrated superconducting quantum computer, is now available on-premises in the Kawasaki Business Incubation Center in Kawasaki City, for Japanese researchers to run their quantum experiments in fields ranging from chemistry to finance.

Most customers to date can only access IBM's System One over the cloud, by connecting to the company's quantum computation center in Poughkeepsie.

Recently, the company unveiled the very first quantum computer that was physically built outside of the computation center's data centers,when the Fraunhofer Institute in Germany acquired a System One. The system that has now been deployed to Japan is therefore IBM's second quantum computer that is located outside of the US.

The announcement comes as part of a long-standing relationship with Japanese organizations. In 2019, IBM and the University of Tokyo inaugurated the Japan-IBM Quantum Partnership, a national agreement inviting universities and businesses across the country to engage in quantum research. It was agreed then that a Quantum System One would eventually be installed at an IBM facility in Japan.

Building on the partnership, Big Blue and the University of Tokyolaunched the Quantum Innovation Initiative Consortium last yearto further bring together organizations working in the field of quantum. With this, the Japanese government has made it clear that it is keen to be at the forefront of the promising developments that quantum technologies are expected to bring about.

Leveraging some physical properties that are specific to quantum mechanics, quantum computers could one day be capable of carrying out calculations that are impossible to run on the devices that are used today, known as a classical computers.

In some industries, this could have big implications; and as part of the consortium, together with IBM researchers, some Japanese companies have already identified promising use cases. Mitsubishi Chemical's research team, for example, has developed quantum algorithms capable of understanding the complex behavior of industrial chemical compounds with the goal of improving OLED displays.

A recent research paper published by the scientistshighlighted the potential of quantum computers when it comes to predicting the properties of OLED materials, which could eventually lead to more efficient displays requiring low-power consumption.

Similarly, researchers from Mizuho Financial Group and Mitsubishi Financial Group have been developing quantum algorithms that could speedup financial operations like Monte Carlo simulations, which could allow for optimized portfolio management thanks to better risk analysis and option pricing.

With access to IBM's Quantum System One, research in those fields is now expected to accelerate. But other industry leaders exploring quantum technologies as part of the partnership extend from Sony to Toyota, through Hitachi, Toshiba or JSR.

Quantum computing is still in its very early stages, and it is not yet possible to use quantum computers to perform computations that are of any value to a business. Rather, scientists are currently carrying out proofs-of-concept, by attempting to identify promising applications and testing them at a very small scale, to be prepared for the moment that the hardware is fully ready.

This is still some way off. Building and controlling the components of quantum computers is a huge challenge, which has so far been limited to the confines of specialist laboratories such as IBM's Poughkeepsie computation center.

It is significant, therefore, that IBM's Quantum System One is now mature enough to be deployed outside of the company's lab.

"Thousands of meticulously engineered components have to work together flawlessly in extreme temperatures within astonishing tolerances," said IBM in a blog post.

Back in the US, too, quantum customers are showing interest in building quantum hardware in their own facilities. The Cleveland Clinic, for example,recently invested $500 million for Big Blue to build quantum hardware on-premises.

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IBM's newest quantum computer is now up-and-running: Here's what it's going to be used for - ZDNet

The Worldwide Quantum Computing Industry is Expected to Reach $1.7 Billion by 2026 – PRNewswire

DUBLIN, Feb. 16, 2021 /PRNewswire/ -- The "Global Quantum Computing Market with COVID-19 Impact Analysis by Offering (Systems, Services), Deployment (On Premises, Cloud-based), Application, Technology, End-use Industry and Region - Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.

The Global Quantum Computing Market is expected to grow from USD 472 million in 2021 to USD 1,765 million by 2026, at a CAGR of 30.2%.

The early adoption of quantum computing in the banking and finance sector is expected to fuel the growth of the market globally. Other key factors contributing to the growth of the quantum computing market include rising investments by governments of different countries to carry out research and development activities related to quantum computing technology.

Several companies are focusing on the adoption of QCaaS post-COVID-19. This, in turn, is expected to contribute to the growth of the quantum computing market. However, stability and error correction issues is expected to restrain the growth of the market.

Services segment is attributed to hold the largest share of the Quantum Computing market

The growth of services segment can be attributed to the increasing number of startups across the world that are investing in research and development activities related to quantum computing technology. This technology is used in optimization, simulation, and machine learning applications, thereby leading to optimum utilization costs and highly efficient operations in various end-use industries.

Cloud-based deployment to witness the highest growth in Quantum Computing market in coming years

With the development of highly powerful systems, the demand for cloud-based deployment of quantum computing systems and services is expected to increase. This, in turn, is expected to result in a significant revenue source for service providers, with users paying for access to noisy intermediate-scale quantum (NISQ) systems that can solve real-world problems. The limited lifespan of rapidly advancing quantum computing systems also favors cloud service providers. The flexibility of access offered to users is another factor fueling the adoption of cloud-based deployment of quantum computing systems and services. For the foreseeable future, quantum computers are expected not to be portable. Cloud can provide users with access to different devices and simulators from their laptops.

Optimization accounted for a major share of the overall Quantum Computing market

Optimization is the largest application for quantum computing and accounted for a major share of the overall Quantum Computing market. Companies such as D-Wave Systems, Cambridge Quantum Computing, QC Ware, and 1QB Information Technologies are developing quantum computing systems for optimization applications. Networked Quantum Information Technologies Hub (NQIT) is expanding to incorporate optimization solutions for resolving problems faced by the practical applications of quantum computing technology.

Trapped ions segment to witness highest CAGR of Quantum Computing market during the forecast period

The trapped ions segment of the market is projected to grow at the highest CAGR during the forecast period as quantum computing systems based on trapped ions offer more stability and better connectivity than quantum computing systems based on other technologies. IonQ, Alpine Quantum Technologies, and Honeywell are a few companies that use trapped ions technology in their quantum computing systems.

Banking and finance is attributed to hold major share of Quantum Computing market during the forecast period

In the banking and finance end-use industry, quantum computing is used for risk modeling and trading applications. It is also used to detect the market instabilities by identifying stock market risks and optimize the trading trajectories, portfolios, and asset pricing and hedging. As the financial sector is difficult to understand; the quantum computing approach is expected to help users understand the complexities of the banking and finance end-use industry. Moreover, it can help traders by suggesting them solutions to overcome financial challenges.

APAC to witness highest growth of Quantum Computing market during the forecast period

APAC region is a leading hub for several industries, including healthcare and pharmaceuticals, banking and finance, and chemicals. Countries such as China, Japan, and South Korea are the leading manufacturers of consumer electronics, including smartphones, laptops, and gaming consoles, in APAC. There is a requirement to resolve complications in optimization, simulation, and machine learning applications across these industries. The large-scale development witnessed by emerging economies of APAC and the increased use of advanced technologies in the manufacturing sector are contributing to the development of large and medium enterprises in the region. This, in turn, is fueling the demand for quantum computing services and systems in APAC.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights4.1 Attractive Opportunities in Quantum Computing Market4.2 Market, by Offering4.3 Market, by Deployment4.4 Market in APAC, by Application and Country4.5 Market, by Technology4.6 Quantum Computing Market, by End-use Industry4.7 Market, by Region

5 Market Overview5.1 Introduction5.2 Market Dynamics5.2.1 Drivers5.2.1.1 Early Adoption of Quantum Computing in Banking and Finance Industry5.2.1.2 Rise in Investments in Quantum Computing Technology5.2.1.3 Surge in Number of Strategic Partnerships and Collaborations to Carry Out Advancements in Quantum Computing Technology5.2.2 Restraints5.2.2.1 Stability and Error Correction Issues5.2.3 Opportunities5.2.3.1 Technological Advancements in Quantum Computing5.2.3.2 Surge in Adoption of Quantum Computing Technology for Drug Discovery5.2.4 Challenges5.2.4.1 Dearth of Highly Skilled Professionals5.2.4.2 Physical Challenges Related to Use of Quantum Computers5.3 Value Chain Analysis5.4 Ecosystem5.5 Porter's Five Forces Analysis5.6 Pricing Analysis5.7 Impact of COVID-19 on Quantum Computing Market5.7.1 Pre-COVID-195.7.2 Post-COVID-195.8 Trade Analysis5.9 Tariff and Regulatory Standards5.9.1 Regulatory Standards5.9.1.1 P1913 - Software-Defined Quantum Communication5.9.1.2 P7130 - Standard for Quantum Technologies Definitions5.9.1.3 P7131 - Standard for Quantum Computing Performance Metrics and Benchmarking5.10 Technology Analysis5.11 Patent Analysis5.12 Case Studies

6 Quantum Computing Market, by Offering6.1 Introduction6.2 Systems6.2.1 Deployment of on Premises Quantum Computers at Sites of Clients6.3 Services6.3.1 Quantum Computing as a Service (QCaaS)6.3.1.1 Risen Number of Companies Offering QCaaS Owing to Increasing Demand for Cloud-Based Systems and Services6.3.2 Consulting Services6.3.2.1 Consulting Services Provide Customized Roadmaps to Clients to Help Them in Adoption of Quantum Computing Technology

7 Quantum Computing Market, by Deployment7.1 Introduction7.2 on Premises7.2.1 Deployment of on Premises Quantum Computers by Organizations to Ensure Data Security7.3 Cloud-based7.3.1 High Costs and Deep Complexity of Quantum Computing Systems and Services Drive Enterprises Toward Cloud Deployments

8 Quantum Computing Market, by Application8.1 Introduction8.2 Optimization8.2.1 Optimization Using Quantum Computing Technology Resolves Problems in Real-World Settings8.3 Machine Learning8.3.1 Risen Use of Machine Learning in Various End-use Industries8.4 Simulation8.4.1 Simulation Helps Scientists Gain Improved Understanding of Molecule and Sub-Molecule Level Interactions8.5 Others

9 Quantum Computing Market, by Technology9.1 Introduction9.2 Superconducting Qubits9.2.1 Existence of Superconducting Qubits in Series of Quantized Energy States9.3 Trapped Ions9.3.1 Surged Use of Trapped Ions Technology in Quantum Computers9.4 Quantum Annealing9.4.1 Risen Use of Quantum Annealing Technology for Solving Optimization Problems in Enterprises9.5 Others (Topological and Photonic)

10 Quantum Computing Market, by End-use Industry10.1 Introduction10.2 Space and Defense10.2.1 Risen Use of Quantum Computing in Space and Defense Industry to Perform Multiple Operations Simultaneously10.3 Banking and Finance10.3.1 Simulation Offers Assistance for Investment Risk Analysis and Decision-Making Process in Banking and Finance Industry10.4 Healthcare and Pharmaceuticals10.4.1 Surged Demand for Robust and Agile Computing Technology for Drug Simulation in Efficient and Timely Manner10.5 Energy and Power10.5.1 Increased Requirement to Develop New Energy Sources and Optimize Energy Delivery Process10.6 Chemicals10.6.1 Establishment of North America and Europe as Lucrative Markets for Chemicals10.7 Transportation and Logistics10.7.1 Surged Use of Quantum-Inspired Approaches to Optimize Traffic Flow10.8 Government10.8.1 Increased Number of Opportunities to Use Quantum Computing to Solve Practical Problems of Climate Change, Traffic Management, Etc.10.9 Academia10.9.1 Risen Number of Integrated Fundamental Quantum Information Science Research Activities to Fuel Market Growth

11 Geographic Analysis11.1 Introduction11.2 North America11.3 Europe11.4 APAC11.5 RoW

12 Competitive Landscape12.1 Introduction12.2 Revenue Analysis of Top Players12.3 Market Share Analysis, 201912.4 Ranking Analysis of Key Players in Market12.5 Company Evaluation Quadrant12.5.1 Quantum Computing Market12.5.1.1 Star12.5.1.2 Emerging Leader12.5.1.3 Pervasive12.5.1.4 Participant12.5.2 Startup/SME Evaluation Matrix12.5.2.1 Progressive Company12.5.2.2 Responsive Company12.5.2.3 Dynamic Company12.5.2.4 Starting Block12.6 Competitive Scenario12.7 Competitive Situations and Trends12.7.1 Other Strategies

13 Company Profiles13.1 Key Players13.1.1 International Business Machines (IBM)13.1.2 D-Wave Systems13.1.3 Microsoft13.1.4 Amazon13.1.5 Rigetti Computing13.1.6 Google13.1.7 Intel13.1.8 Toshiba13.1.9 Honeywell International13.1.10 QC Ware13.1.11 1QB Information Technologies13.1.12 Cambridge Quantum Computing13.20 Other Companies13.2.1 Huawei Technologies13.2.2 Bosch13.2.3 NEC13.2.4 Hewlett Packard Enterprise (HP)13.2.5 Nippon Telegraph and Telephone Corporation (NTT)13.2.6 Hitachi13.2.7 Northrop Grumman13.2.8 Accenture13.2.9 Fujitsu13.2.10 Quantica Computacao13.2.11 Zapata Computing13.2.12 Xanadu13.2.13 IonQ13.2.14 Riverlane13.2.15 Quantum Circuits13.2.16 EvolutionQ13.2.17 ABDProf13.2.18 Anyon Systems

14 Appendix14.1 Discussion Guide14.2 Knowledge Store: The Subscription Portal14.3 Available Customizations

For more information about this report visit https://www.researchandmarkets.com/r/8pglda

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Research and Markets Laura Wood, Senior Manager [emailprotected]

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The Worldwide Quantum Computing Industry is Expected to Reach $1.7 Billion by 2026 - PRNewswire

Colorado makes a bid for quantum computing hardware plant that would bring more than 700 jobs – The Denver Post

The Colorado Economic Development Commission normally doesnt throw its weight behind unproven startups, but it did so on Thursday, approving $2.9 million in state job growth incentive tax credits to try and land a manufacturing plant that will produce hardware for quantum computers.

Given the broad applications and catalytic benefits that this companys technology could bring, retaining this company would help position Colorado as an industry leader in next-generation and quantum computing, Michelle Hadwiger, the deputy director of the Colorado Office of Economic Development & International Trade, told commissioners.

Project Quantum, the codename for the Denver-based startup, is looking to create up to 726 new full-time jobs in the state. Most of the positions would staff a new facility making components for quantum computers, an emerging technology expected to increase computing power and speed exponentially and transform the global economy as well as society as a whole.

The jobs would carry an average annual wage of $103,329, below the wages other technology employers seeking incentives from the state have provided, but above the average annual wage of any Colorado county. Hadwiger said the company is also considering Illinois, Ohio and New York for the new plant and headquarters.

Quantum computing is going to be as important to the next 30 years of technology as the internet was to the past 30 years, said the companys CEO, who only provided his first name Corban.

He added that he loves Colorado and doesnt want to see it surpassed by states like Washington, New York and Illinois in the transformative field.

If we are smart about it, and that means doing something above and beyond, we can win this race. It will require careful coordination at the state and local levels. We need to do something more and different, he said.

The EDC also approved $2.55 million in job growth incentive tax credits and $295,000 in Location Neutral Employment Incentives for Nextworld, a growing cloud-based enterprise software company based in Greenwood Village. The funds are linked to the creation of 306 additional jobs, including 59 located in more remote parts of the state.

But in a rare case of dissent, Nextworlds CEO Kylee McVaney asked the commission to go against staff recommendations and provide a larger incentive package.

McVaney, daughter of legendary Denver tech entrepreneur Ed McVaney, said the companys lease is about to expire in Greenwood Village and most employees would prefer to continue working remotely. The company could save substantial money by not renewing its lease and relocating its headquarters to Florida, which doesnt have an income tax.

We could go sign a seven-year lease and stay in Colorado or we can try this new grand experiment and save $11 million, she said.

Hadwiger insisted that the award, which averages out to $9,500 per job created, was in line with the amount offered to other technology firms since the Colorado legislature tightened the amount the office could provide companies.

But McVaney said the historical average award per employee was closer to $18,000 and the median is $16,000 and that Colorado was not competitive with Florida given that states more favorable tax structure.

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Colorado makes a bid for quantum computing hardware plant that would bring more than 700 jobs - The Denver Post

Experience: With a PhD, the plan is to expand human knowledge – The Guardian

When Zak Romaszko finished his physics degree at the University of Liverpool, a PhD in computing was his obvious next step. I have always been fascinated with computers, says the 27-year-old. I broke my dads PC when I was younger and he was away in the forces, so I had to fix it myself. His interest grew from there, but Romaszkos choice of focus for his research isnt just any type of computing but the cutting-edge quantum variety.

Thought by many to be the next step in the field, and key to solving complex problems in a manageable amount of time, quantum computers use quantum bits rather than the regular bits used by standard computers.

It will be able to solve problems that might take computers millions and billions of years in timescales that are more realistic to humans, says Romaszko. It seemed to be that this would be the way forward in how big calculations would be done in the future.

He found an opportunity to undertake a PhD at the University of Sussex with Prof Winfried Hensinger a subject expert linked to making an ion trap quantum computer, the next step in the computers of the future. Romaszko, who is from Barnoldswick in Lancashire, spent four years on the project as part of the universitys Ion Quantum Technology group, graduating in June 2020. He has now joined a spin-off company founded by Hensinger called Universal Quantum, which is looking to commercialise the technology to make a large-scale quantum computer.

My PhD focused on how we would scale this technology from the level we are at now and get to the point where we need to be to make a truly useful quantum computer, he says.

It sounds like science fiction but Romaszko explains that quantum computers could hold the key to solving some major issues in our world today. People are looking into things like simulation of chemicals and materials and understanding how medicines interact within the body and AI applications, he says.

While it may be difficult to grasp the scale of the computing power at work in the quantum, Romaszko is thrilled to be pushing the boundaries. With a PhD youre basically learning about a field and a very narrow area of science that you just plan to push out a little bit further and expand human knowledge. Its really exciting.

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Experience: With a PhD, the plan is to expand human knowledge - The Guardian

bp Joins the IBM Quantum Network to Advance Use of Quantum Computing in Energy – HPCwire

LONDON,Feb. 15, 2021 IBM today announcedbp has joined the IBM Quantum Network to advance the use of quantum computing in the energy industry.

By joining the IBM Quantum Network as an Industry Partner, bp will have access to IBMs quantum expertise and software and cloud-based access to the most advanced quantum computers available via the cloud. This includes access to a premium 65-qubit quantum computer, the largest universal quantum system available to industry today, and an important milestone on the IBM Quantum roadmapto a 1,000-plus qubit system, targeted for the end of 2023.

bp will work with IBMto explore using quantum computing to solve business and engineering challenges and explore the potential applications for driving efficiencies and reducing carbon emissions.

bps ambition is to become a net zero company by 2050 or sooner and help the world get to net zero. Next-generation computing capabilities such as quantum computing will assist in solving the science and engineering challenges we will face, enabling us to reimagine energy and design new lower carbon products, saidMorag Watson, senior vice president, digital science and engineering for bp.

Quantum computing has the potential to be applied in areas such as: modelling the chemistry and build-up of various types of clay in hydrocarbon wells a crucial factor in efficient hydrocarbon production; analyzing and managing the fluid dynamics of wind farms; optimizing autonomous robotic facility inspection; and helping create opportunities not yet imagined to deliver the clean energy the world wants and needs.

In 2020, bp announced its net zero ambition and its new strategy.By the end of this decade, it aims to have developed around 50 gigawatts of net renewable-generating capacity(a 20-fold increase), increased annual low carbon investment 10-fold to around$5 billionand cut its oil and gas production by 40%.

Joining the IBM Quantum Network will enhance bps ability to leverage quantum advances and applications as they emerge and then influence on how those breakthroughs can be applied to its industry and the energy transition.

bp joins a rapidly growing number of clients working with IBM to explore quantum computing to help accelerate the discovery of solutions to some of todays biggest challenges, addedDario Gil, Senior Vice President and Director of IBM Research. The energy industry is ripe with opportunities to see value from the use of quantum computing through the discovery of new materials designed to improve the generation, transfer, and storage of energy.

bp joins more than 130 members of the IBM Quantum Network, a global community of Fortune 500 companies, start-ups, academic institutions and research labs working to advance quantum computing and explore practical applications. Together, members of the Network and IBM Quantum teams are researching and exploring how quantum computing will help a variety of industries and disciplines, including finance, energy, chemistry, materials science, optimization and machine learning, among many others.

For more information about the IBM Quantum Network, as well as a full list of all partners, members, and hubs, visithttps://www.research.ibm.com/ibm-q/network/.

IBM Quantum Network is a trademark of International Business Machines Corporation.

About bp

bps purpose is to reimagine energy for people and our planet. It has set out an ambition to be a net zero company by 2050, or sooner, and help the world get to net zero, and recently announced its strategy for delivering on that ambition.For more information visitbp.com.

About IBM Quantum

IBM Quantum is an industry-first initiative to build universal quantum systems for business and science applications. For more information about IBMs quantum computing efforts, please visitwww.ibm.com/ibmq.

Source: IBM

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bp Joins the IBM Quantum Network to Advance Use of Quantum Computing in Energy - HPCwire

Quantum Computing – Intel

Quantum computing employs the properties of quantum physics like superposition and entanglement to perform computation. Traditional transistors use binary encoding of data represented electrically as on or off states. Quantum bits or qubits can simultaneously operate in multiple states enabling unprecedented levels of parallelism and computing efficiency.

Todays quantum systems only include tens or hundreds of entangled qubits, limiting them from solving real-world problems. To achievequantum practicality, commercial quantum systems need to scale to over a million qubits and overcome daunting challenges like qubit fragility and software programmability. Intel Labs is working to overcome these challenges with the help of industry and academic partners and has made significant progress.

First, Intel is leveraging its expertise in high-volume transistor manufacturing to develophot silicon spin-qubits, much smaller computing devices that operate at higher temperatures. Second, theHorse Ridge IIcryogenic quantum control chip provides tighter integration. And third, thecryoproberenables high-volume testing that is helping to accelerate commercialization.

Even though we may be years away from large-scale implementation, quantum computing promises to enable breakthroughs in materials, chemicals and drug design, financial and climate modeling, and cryptography.

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Quantum Computing - Intel