Global Topological Quantum Computing Market Positive Demand and Development Approaches through 2021-2026 The Host – The Host

MarketQuest.biz presents an in-depth assessment through Global Topological Quantum Computing Market 2021 by Company, Regions, Type and Application, Forecast to 2026 by giving the sectors current situation and significant drivers. It accurately delivers the necessary information and cutting-edge analysis to assist in the formulation of the ideal business plan and the determination of the appropriate path for fast growth for the players in the industry. This is accomplished by a current understanding of the most important drivers, current trends, untapped potential, threats and constraints, problems, and the most promising development sectors. This would assist stakeholders in developing a strategy to focus on market opportunities to benefit themselves and their businesses.

The study contains an in detail descriptive overview and analysis of the Topological Quantum Computing market, a summary of the market shares constituted by each component, the annual growth of each sector, and the revenue potential of the section. The production and consumption data are used to determine the geographical features.

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The Topological Quantum Computing markets prominent vendors include:

Market segmentation based on the geographical locations includes countries like

Market segmentation based on the Application:

Market Segmentation based on the Type:

SWOT analysis and other techniques are used to assess this data and provide an informed perspective on the state of the industry to support the formulation of the best business plan for any player or to provide insight into the potential condition and trajectory of the sector.

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Global Topological Quantum Computing Market Positive Demand and Development Approaches through 2021-2026 The Host - The Host

Quantum Computing Startup Multiverse Computing Secures 10M to Focus on Finance Solutions – Crowdfund Insider

Multiverse Computing, the quantum computing startup thats focused on finance, has finalized a 10 million (appr. $11.55 million) seed round.

Multiverse Computing created its main product Singularity for firms operating in the financial industry and looking for a competitive advantage by leveraging quantum computing solutions. The product has been designed to support financial professionals to run super-efficient quantum algorithms on quantum computers from a simple spreadsheet to handle complex problems, like portfolio optimization and fraud detection, without having in-depth knowledge of how quantum computers work.

The investment round has been led by JME Ventures and included contributions from Quantonation, EASO Ventures, Inveready, CLAVE Capital (Mondragn Fondo de Promocin), Ikerlan, LKS, Penja Strategy, Seed Gipuzkoa and Ezten Venture Capital Fund.

The proceeds will be directed towards consolidating and supporting the firms growth and globalization strategy. The capital will also be used to help the company with advancing its technology and marketing. This, according to Enrique Lizaso, Co-founder and CEO at Multiverse Computing.

Lizaso stated:

We are a unique company in the quantum computing field. While other firms are focused on improving the fundamental hardware and software components of quantum computers, we are keenly focused on leveraging the most advanced quantum devices available now to deliver near-term value for the financial sector.

Lizaso added:

We believe Multiverse Computing will be a global leader in the quantum computing industry. We expect to have annual revenue close to 100 million by 2027 with a staff of 100 people.

Multiverse Computing was established back in March 2019 with the assistance of the Basque Government-Spri and the Provincial Council of Guipuzkoa through the Txekintek / Ekintzaile program.

The company has received local support from startup accelerators and various technology centers like the Donostia International Physics Centre (DIPC). Multiverse Computing has also been supported by global institutions since its launch, including Torontos Creative Destruction Lab (CDL).

Multiverse Computing works with established tech partners in quantum computing like IBM, Microsoft, Xanadu, D-Wave, IonQ, Rigetti, Pasqal, Alpine, Quantum Technologies, Strangeworks, Orca, Amazon AWS, Fujitsu, among others. Additionally, the firm is working cooperatively with major financial institutions in order to explore the vast potential of quantum computing.

In addition to its focus on the financial services sector, the proceeds from the round will be channeled towards supporting the firms entry into new markets including energy, mobility, and smart manufacturing where Multiverse Computing is currently working with reference customers.

The firm also plans to increase support for its international expansion efforts which reportedly includes an operational office based in Toronto and other business locations in Paris and Munich.

Romn Ors, Co-founder of the company and Chief Scientific Officer, noted that one of the primary factors in the success of a knowledge-based firm such as Multiverse is its ability to recruit qualified professionals from across the globe.

Ors remarked:

At the moment, we have a team of 30 people of 10 different nationalities, many with Ph.D. degrees. The companys staff speaks 15 different languages.

By the end of 2021, the firm is expecting to have around 24 quantum algorithm international patents. Multiverse Computing is also expecting its patent portfolio to grow to more than 150 in the the next few years.

Sam Mugel, Co-founder and technical director at Multiverse, said:

Thanks to our revolutionary product Singularity, users can open a simple spreadsheet and directly use the quantum algorithms that are needed. The algorithms are executed on a quantum computer to solve problems that were out of reach until now, all without requiring programming or quantum computing experience.

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Quantum Computing Startup Multiverse Computing Secures 10M to Focus on Finance Solutions - Crowdfund Insider

IonQ Is the First Publicly-Traded Quantum Computing Firm – InvestorPlace

IonQ (NYSE:IONQ) is arguably the first major player in the quantum computing space. IONQ stock debuted a few weeks ago following its merger with a special purpose acquisition company (SPAC). The shares of IONQ stock have been relatively quiet so far, moving just a hair above its initial $10 offering price.

Source: Shutterstock

Quantum computing is one of the most exciting new industries to emerge in recent years. It promises to transform our very notion of computing, unlocking computational power that are thousands of times beyond what is available now. Quantum computing isnt just an improvement on existing technology, but an entirely new way to think about artificial intelligence (AI).

If quantum computing makes the sorts of leaps that its backers envision, it should open up whole new fields in machine learning, computational chemistry, weather forecasting, pharmaceutical research, and many other sectors. The companies that lead this transition should be able to make a fortune, so IONQ stock could eventually soar way above its current value.

IonQ offers its customers access to its quantum computing capabilities. Those capabilities are measured in quantum bits, or qubits. At the time of its SPAC deal, IonQ offered an 11-qubit system. Over time, it should develop machines with much higher qubits, in order to stay ahead of rivals such as Rigetti Computing. Rigetti is currently trading through the shares of a SPAC named Supernova Partners Acquisition Company II(NYSE:SNII).

IonQs website identifies various, eventual uses for its next-generation computing. Its systems could eventually enable the capture of carbon from the air efficiently, potentially disarming the climate-change time bomb.

A more powerful processor might also unlock the secrets of chemistry that have so far prevented us from making truly cheap, reliable electric vehicle (EV) batteries. These sorts of innovations could change the global economy.

In its recent prospectus, IonQ issued a blunt warning to potential investors, saying: IonQ has not produced a scalable quantum computer and faces significant barriers in its attempts to produce quantum computers. If IonQ cannot successfully overcome those barriers, its business will be negatively impacted and could fail.

Its normal for companies to disclose potentially worrisome issues in the risk factor sections of their regulatory filings. Whats less common, however, is for a firms core business model to be so uncertain. Will IonQ be able to produce quantum computers cheaply enough to sell them for a commercially viable price? Well have to wait and see.

IonQ also revealed that it had found a material weakness in its accounting process. That isnt necessarily a big deal for newly-public companies. Sometimes young firms adjusting to life on the public markets need time to learn the accounting rules Still, it would be preferable for the company not to have issued such a warning.

IonQ is much closer to a start-up that a venture capital firm would back than a traditional, publicly traded company. Thats because its technology is in the earliest of stages, and its far from clear what sort of demand exists for the product right now. IonQ is still trying to develop both its technical capabilities and an attractive roster of customers.

The company doesnt expect to achieve profitability and large-scale revenue until around 2024 or 2025. And it will only be able to meet that goal if it achieves several milestones along the way.

A potential investor in IONQ stock needs to put the shares in a different category than other holdings. It isnt a blue chip name or an equity that should be held for a 20% or 30% gain. The shares could potentially skyrocket or lose most of their value, depending on how the science and industry evolves. Investors should keep that in mind when they decide how many shares of IONQ stock to buy.

IonQ or one of its rivals, such as Rigetti, could end up being a world-changing company. Quantum computing, if it delivers on its potential, would be a leap forward for science.

Even assuming that happens, however, it could easily be five years, ten years, or more until quantum computing generates high operating profits. This is not going to be an overnight process.

As a result, dont be surprised if short sellers gravitate to quantum computing stocks . Companies pursuing scientific initiatives that will take a long time to complete tend to attract critics.

Look at the recent excitement around Gingko Bioworks (NYSE:DNA) and the short seller report suggesting that its cell programming is more a pipe dream than plausible technology for now. Bears could make a similar sort of argument about quantum computing and cause the sectors stock prices to be volatile.

As IonQs own prospectus warned, its hardware is not yet advanced enough to enable it to have a business model that will allow it to grow.

The owners of IONQ stock are now funding the companys ongoing research efforts. That research could prove to be very profitable or it could come up empty.

Buying a small amount of this speculative stock might make sense at this point, but it seems prudent to wait and see how the industry develops before betting too heavily on the shares.

On the date of publication, Ian Bezek did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

Ian Bezek has written more than 1,000 articles for InvestorPlace.com and Seeking Alpha. He also worked as a Junior Analyst for Kerrisdale Capital, a $300 million New York City-based hedge fund. You can reach him on Twitter at @irbezek.

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IonQ Is the First Publicly-Traded Quantum Computing Firm - InvestorPlace

GAO on Quantum Tech Development: 10 Years, Billions to Go – MeriTalk

A recent Government Accountability Office (GAO) report on development of quantum information technologies covers the general waterfront on the current status of the technologies, but notes that development of game-changing systems are probably still ten years and billions of dollars of further investments away.

GAO prepared its report to assess the potential of quantum information technologies, and dig into benefits and risks, as well as policy options for the government to help guide and prepare for further development.

Quantum information technologies aim to use the properties of nature at atomic scales to accomplish tasks that are not achievable with existing technologies, GAO wrote in the report. These technologies rely on qubits, the quantum equivalent of classical computer bits.

According to GAO, quantum information cant be copied, is fragile, and can be irreversibly lost, resulting in errors that are challenging to correct.

On the plus side, the report says that quantum computing and communications technology could be developed in tandem, because the two share physics principles, laboratory techniques, and common hardware.

Quantum communications technologies may have uses for secure communications, quantum networking, and a future quantum internet, wrote GAO. Potential drawbacks of quantum technology include cost, complexity, energy consumption, and the possibility of malicious use.

GAO identified four big factors that will impact quantum development and use, including:

And the government watchdog agency provided policy options around those four factors for policymakers to consider.

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GAO on Quantum Tech Development: 10 Years, Billions to Go - MeriTalk

Study Reveals Photons Properties Inherent to Protecting Quantum Computing in the Future – AZoQuantum

Consumers need to be confident that transactions they make online are safe and secure. A main method to protect customer transactions and other information is through encryption, where vital information is encoded with a key using complex mathematical problems that are difficult even for computers tosolve.

But even that may have a weakness: Encrypted information could be decoded by future quantum computers that would try many keys simultaneously and rapidly find the rightone.

To prepare for this future possibility, researchers are working to develop codes that cannot be broken by quantum computers. These codes rely on distributing single photonssingle particles of lightthat share a quantum character solely among the parties that wish to communicate. The new quantum codes require these photons to have the same color, so they are impossible to distinguish from each other, and the resulting devices, networks, and systems form the backbone of a future quantuminternet.

Researchers at the University of Iowa have been studying the properties of photons emitted from solids and are now able to predict how sharp the color of each emitted photon can be. In a new study, the researchers describe theoretically how many of these indistinguishable photons can be sent simultaneously down a fiber-optical cable to establish secure communications, and how rapidly these quantum codes can sendinformation.

"Up to now, there has not been a well-founded quantitative description of the noise in the color of light emitted by these qubits, and the noise leading to loss of quantum coherence in the qubits themselves that's essential for calculations," says Michael Flatt, professor in the Department of Physics and Astronomy and the study's corresponding author. "This work providesthat."

The study, "Suppression of the Optical Linewidth and Spin Decoherence of a Quantum Spin Center in a p-n Diode," was published online Oct. 15 in the journalPRX Quantum.

Denis Candido, a postdoctoral research scholar in the Department of Physics and Astronomy, is the study's firstauthor.

The U.S. Department of Energy's Quantum Information Science program funded theresearch.

Source:https://uiowa.edu/

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Study Reveals Photons Properties Inherent to Protecting Quantum Computing in the Future - AZoQuantum

Chicago Quantum Summit to Feature Diverse Perspectives on Building a Quantum Infrastructure – Polsky Center for Entrepreneurship and Innovation -…

Published on Friday, October 22, 2021

Experts in quantum science and technology from around the globe will gather on November 4 for the fourth annual Chicago Quantum Summit.

The fourth annual Chicago Quantum Summit will feature presentations and discussions focusing on growing quantum ecosystems, commercializing research, and complex issues such as workforce development and inclusion on both local and global scales.

Hosted by the Chicago Quantum Exchange, this years summit will take place Thursday, November 4, 2021, 9:30 a.m. 4:45 p.m. (CST) with both in-person and virtual components.

>> Register, here.

The Chicago Quantum Exchange was the first multiple-institution hub, led by the University of Chicago, for quantum information innovation, said Bohr Quantum Technologies Chairman and CEO Paul Dabbar, a keynote speaker at the summit who is also a former US undersecretary of energy for science. Its leadership helped to galvanize not only efforts in the region, but also led the way for the National Quantum Initiative.

Building a vibrant quantum ecosystem requires a diverse, quantum-ready workforce and practical pathways to commercializing technologies, noted Chicago Quantum Exchange Director David Awschalom, the Liew Family Professor and Vice Dean for Research of the Pritzker School for Molecular Engineering at UChicago and senior scientist at Argonne National Laboratory.

The community is doing truly pioneering research in quantum science, and we expect it to have a profound impact on peoples everyday lives. But unless we have a robust infrastructure that connects academia to industry and research to the public, the enormous potential of the emerging technology could be limited, added Awschalom, who also is the director of Q-NEXT, a Department of Energyquantum information science center led by Argonne. This years Chicago Quantum Summit is an opportunity for us to hear diverse perspectives on building a quantum infrastructure, examine how were currently meeting that mission, and identify steps we can take to grow an ecosystem that benefits everyone.

Among those slated to speak are Charles Tahan, assistant director for quantum information science and director of the National Quantum Coordination Office at the White House Office of Science and Technology Policy; Vanessa Z. Chan, chief commercialization officer and director of the Office of Technology Transitions in the Department of Energy; Jesse Robbers, cofounder and director of Quantum Delta NL; and Doug Finke, publisher and managing editor of the Quantum Computing Report.

The founders of six quantum startup companies currently participating in the Duality the first accelerator program in the nation exclusively dedicated to supporting quantum startups also will discuss their insights on bringing quantum technologies to market.

UChicagos Polsky Center for Entrepreneurship and Innovation and the Chicago Quantum Exchange launched Duality earlier this year to help quantum startups bridge the gap between the laboratory and the marketplace that is a critical barrier to success for emerging technologies. Led by the Polsky Center and the Chicago Quantum Exchange, Duality is also reinforced by founding partners, the University of Illinois Urbana-Champaign, Argonne, and P33.

I look forward to participating in a global conversation on how we, as a community, can create greater cross-collaboration between people, organizations, disciplines, sectors, even nations to grow the quantum ecosystem, said Cathy Foley, keynote speaker at the summit and Australias chief scientist. Quantum information science is an international effort, and for it to succeed, we must all work to open research channels, paths for technology adoption, and workforce pipelines. Australias work is progressing apace, so I am also interested in hearing updates from all players.

The Chicago Quantum Exchange, headquartered at the UChicago Pritzker School of Molecular Engineering, is a hub of leading academic researchers, top scientific facilities, and industry collaborators that works to advance the science and engineering of quantum information, train the next generation of quantum scientists and engineers, and drive the quantum economy.

As a partnership between UChicago, Argonne, Fermi National Accelerator Laboratory, the University of Illinois Urbana-Champaign, the University of Wisconsin-Madison, and Northwestern University, as well as 30 industry partners, it brings together more than 130 researchers from across the Midwest and represents one of the largest collaborative teams working on quantum science in the world.

// Learn more about the speakers, view the agenda, and register for the online event on the 2021 Chicago Quantum Summitwebsite.

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Chicago Quantum Summit to Feature Diverse Perspectives on Building a Quantum Infrastructure - Polsky Center for Entrepreneurship and Innovation -...

Nanotech Solution: Research Unveils How Edgy Light on Graphene May Lead to Single Route of Information – Science Times

For a while, graphene has been a concentration of strong research in both academic and industrial backgrounds because of its unusual electrical conduction properties.

A Phys.orgreport said, as the slimmest material known to humans, graphene is particularly two-dimensional and has photonic and electronic properties from conventional 3D materials.

Researchers at Purdue University, including Todd Van Mechelen, Wenbo Sun, and Zubin Jacob, have found and shown in their research that the viscous fluid of graphene, the colliding electrons in solids with behavior similar to fluids, support unidirectional electromagnetic waves specifically on edge.

On the other hand, such edge waves are linked to a new topological stage of matter and signify a transition of phase in the material, not unlike the switch from solid to liquid.

ALSO READ: Physicists Discover Multilayered Heterostrcuture Platform to Achieve Ultrastrong Photon-to-Magnon Coupling

(Photo: Jynto on Wikimedia Commons)Comparison STM topographic image of a section of graphene sheet with spectroscopy images of electron interference

One notable feature of this new phase of graphene is that light travels a single direction along the edge of the material and is vigorous to disorder, deformation, and imperfections.

Researchers at Purdue have attached this nonreciprocal impact to developing "topological circulations," one-way routers of indications, the tiniest in the world, that could eventually be a breakthrough for on-chip, all-optical procedure.

Essentially, circulators are a fundamental building block in the so-called integrated optical circuits. However, they have resisted miniaturization due to their bulky mechanisms and the narrow bandwidth of the existing technologies.

Also indicated in the study published in the journal, Nature Communications, topological circulations are overcoming this by being both broadband and ultra-subwavelength, enabled by an extraordinarily electromagnetic phase of matter.

Applications for such technology comprise information routing and interconnects between classical and quantum computing systems.

According to a BBVAreport, to understand how quantum computing works and quantum mechanics on which it is based, there is a need to look back to the beginning of the 20th century, "when this physical theory was originally raised."

Among other subjects of research, quantum physics started with the study of the particles of an atom, including its electrons at a microscopic scale, something that has never been done in the past.

Doctor in theoretical physics, high school teacher, and advisor to an exhibition hosted at the Center of Contemporary Culture of Barcelona called Quantum, Arnau Riera defines the term as a conceptual change.

In the classical world, the systems' properties being studied are well defined. On the other hand, in the quantum world, this is not the case in which particles can have different values. They are not secluded subjects, and their states are weak, Riera explained.

In classical computing, the expert also said, "We know how to solve problems," because of computer language used when programming. More so, operators not feasible in bit computing can be carried out with a quantumcomputer.

In quantum computing, all numbers and probabilities that can be developed with the so-called N qubits are superimposed with 1,000 qubits, the exponential probabilities go far beyond those that are done in classical computing.

Related information about the graphene light project is shown Charbax's YouTube video below:

RELATED ARTICLE: Obtaining Motional Ground State of Larger-Scale Object Made Possible by Physics Experts

Check out more news and information on Nanotechnologyin Science Times.

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Nanotech Solution: Research Unveils How Edgy Light on Graphene May Lead to Single Route of Information - Science Times

$25M gift to help fund computer science, information building | The University Record – The University Record

A $25 million gift from the Leinweber Foundation, founded by software entrepreneur Larry Leinweber, will help fund a new 163,000-square-foot, state-of-the-art facility on North Campus.

In recognition of the donation, the Board of Regents on Oct. 21 voted to name the building the Leinweber Computer Science and Information Building. This gift will bring the College of Engineerings computer science and engineering division and the School of Information together under one roof for the first time.

The move will strengthen the collaboration between the two disciplines to develop breakthrough technologies, conduct innovative research, and facilitate an innovative learning environment for students.

Computer, data and information science are quickly becoming the backbone of systems that connect society. Creating a space where top scholars in computing and information can come together to help solve some of the greatest challenges in modern medicine, transportation, smart infrastructure and more will help U-M remain at the forefront of advances in computer science and information.

Michigan has a longstanding reputation as one of the leaders and best in computer science and information, Leinweber said. We hope this new gift will further advance both of these fields and amplify U-Ms impact by bringing some of the brightest minds in engineering and information science together in one collaborative setting.

CoE and SI have a long history of transformative collaboration. Michigans legacy of leadership in computing and information dates back to the 1950s when its graduate degree in computing was established, making it one of the oldest computing programs in the nation.

Today, U-M continues to be on the cutting edge of advances in artificial intelligence, device architecture, human-computer interaction, social networks, quantum computing, data analysis and more.

In the last 10 years, the number of students enrolled in undergraduate and graduate programs in both CSE and SI has quadrupled, and the new building will provide much-needed space to meet the increasing demand for computer science and information graduates for research, industry and education.

The Leinweber Foundation gift is a tremendous example of U-Ms ability to unite philanthropy and multidisciplinary strength in the service of our students and innovative research that keeps us on the forefront of discovery, President Mark Schlissel said.

Currently, CoE and SI are located on different campuses a few miles apart, but the new $145 million facility will house the information school in its entirety and expand space for CoEs computer science and engineering division beyond its current home in the neighboring Bob and Betty Beyster Building. Furthermore, it will help attract the top talent for aspiring computer science and information scholars.

The new facility will serve as a hub for computer science and information students, with flexible classrooms and the latest technology, open spaces for group learning opportunities, collaboration spaces, labs and more. The Board of Regents is expected to review construction plans for the building later this year.

Co-location is essential to seed and sustain high impact interdisciplinary work, said Thomas Finholt, professor and dean of the School of Information. By joining faculty and students from multiple disciplinary backgrounds in one place, we will accelerate, enrich and increase the boundary-spanning interactions that produce innovative paths of research.

Thanks to the gift from the Leinweber Foundation, well be better able to solve the problems of the future by combining insights across disciplines in new ways.

The new Leinweber Computer Science and Information Building will eliminate the need for top talent to choose between working in a CSE environment or an SI environment across town, thereby removing barriers between like-minded colleagues. This convergence of disciplines will also strengthen the academic culture, promoting the fusion of human-centered and technical perspectives to critical areas, such as artificial intelligence, human-computer interaction and machine learning.

Technology is becoming more dependent on information our products are getting smarter and require programming that is human-focused and free from bias, said Alec Gallimore, the Robert J. Vlasic Dean of Engineering, Richard F. and Eleanor A. Towner Professor, Arthur F. Thurnau Professor and professor of aerospace engineering.

By bringing these important fields into collaboration, this incredible investment from the Leinweber Foundation will help Michigan remain not only a top-flight university, but one that draws upon a range of disciplines and perspectives to ensure that the innovation closes societal gaps and has a positive impact on all populations.

In addition, the new building will play a key role in the universitys mission toward carbon neutrality. The university plans a phased campuswide transition to geothermal heating and cooling systems, beginning with this new building.

Since 2010, Larry Leinweber and his wife, Claudia Babiarz, have supported students and programs at U-M, including CoE, LSA, the Medical School and the Stephen M. Ross School of Business. They created the Leinweber Software Scholars Program at CoE in 2013 and established the Leinweber Center for Theoretical Physics in LSA in 2017.

Leinweber founded and served as CEO of New World Systems Corp., a Troy, Michigan, software company providing enterprise resource planning software for city and county governments, with a primary focus on public safety software for 911 dispatch centers, law enforcement, fire departments and paramedics. Babiarz served as corporate counsel at New World Systems for more than 27 years.

Leinweber and Babiarz have two children, David Leinweber and Ashley Leinweber, both U-M alumni. Ashley Leinweber is vice president of the Leinweber Foundation. David Leinweber serves on the advisory board for CSE in the engineering college and is CEO of Ascent Cloud, a Detroit-based sales technology software company. David Leinwebers wife, Jessica Leinweber, a U-M alumna, serves as executive director of the Leinweber Foundation. Larry Leinwebers other three children, Eric, Danica and Lezlee, also contribute to his work.

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$25M gift to help fund computer science, information building | The University Record - The University Record

Incredible Growth of Quantum Computing in Health Care Market by 2028 | D-Wave Solutions, IBM, Google EcoChunk – EcoChunk

Quantum Computing in Health Care Market report focused on the comprehensive analysis of current and future prospects of the Quantum Computing in Health Care industry. It describes the optimal or favourable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

An in-depth analysis of past trends, future trends, demographics, technological advancements, and regulatory requirements for the Quantum Computing in Health Care market has been done in order to calculate the growth rates for each segment and sub-segments.

Get Sample Copy (Including FULL TOC, Graphs and Tables) of this report: https://www.a2zmarketresearch.com/sample-request/577135

Note In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

Top Key Vendors of this Market are:

D-Wave Solutions, IBM, Google, Microsoft, Rigetti Computing, Intel, Anyon Systems Inc., Cambridge Quantum Computing Limited, Origin Quantum Computing Technology.

Global Quantum Computing in Health Care Market Segmentation:

Product Type Segmentation:

Diagnostic AssistancePrecision MedicineOthers

Industry Segmentation:

HospitalResearch InstituteOther

Various factors are responsible for the markets growth trajectory, which are studied at length in the report. In addition, the report lists down the restraints that are posing threat to the global Quantum Computing in Health Care market. This report is a consolidation of primary and secondary research, which provides market size, share, dynamics, and forecast for various segments and sub-segments considering the macro and micro environmental factors. It also gauges the bargaining power of suppliers and buyers, threat from new entrants and product substitute, and the degree of competition prevailing in the market.

The influence of the latest government guidelines is also analysed in detail in the report. It studies the Quantum Computing in Health Care markets trajectory between forecast periods. The cost analysis of the Global Quantum Computing in Health Care Market has been performed while keeping in view manufacturing expenses, labour cost, and raw materials and their market concentration rate, suppliers, and price trend.

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The report provides insights on the following pointers:

Market Penetration: Comprehensive information on the product portfolios of the top players in the Quantum Computing in Health Care market.

Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.

Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.

Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.

Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Quantum Computing in Health Care market.

Regions Covered in the Global Quantum Computing in Health Care Market Report 2021: The Middle East and Africa (GCC Countries and Egypt) North America (the United States, Mexico, and Canada) South America (Brazil etc.) Europe (Turkey, Germany, Russia UK, Italy, France, etc.) Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)

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Table of Contents

Global Quantum Computing in Health Care Market Research Report 2021 2027

Chapter 1 Quantum Computing in Health Care Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Production, Revenue (Value) by Region

Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Global Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Global Quantum Computing in Health Care Market Forecast

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The Case Against Quantum Computing – IEEE Spectrum

Quantum computing is all the rage. It seems like hardly a day goes by without some news outlet describing the extraordinary things this technology promises. Most commentators forget, or just gloss over, the fact that people have been working on quantum computing for decadesand without any practical results to show for it.

We've been told that quantum computers could provide breakthroughs in many disciplines, including materials and drug discovery, the optimization of complex systems, and artificial intelligence." We've been assured that quantum computers will forever alter our economic, industrial, academic, and societal landscape." We've even been told that the encryption that protects the world's most sensitive data may soon be broken" by quantum computers. It has gotten to the point where many researchers in various fields of physics feel obliged to justify whatever work they are doing by claiming that it has some relevance to quantum computing.

Meanwhile, government research agencies, academic departments (many of them funded by government agencies), and corporate laboratories are spending billions of dollars a year developing quantum computers. On Wall Street, Morgan Stanley and other financial giants expect quantum computing to mature soon and are keen to figure out how this technology can help them.

It's become something of a self-perpetuating arms race, with many organizations seemingly staying in the race if only to avoid being left behind. Some of the world's top technical talent, at places like Google, IBM, and Microsoft, are working hard, and with lavish resources in state-of-the-art laboratories, to realize their vision of a quantum-computing future.

In light of all this, it's natural to wonder: When will useful quantum computers be constructed? The most optimistic experts estimate it will take 5 to 10 years. More cautious ones predict 20 to 30 years. (Similar predictions have been voiced, by the way, for the last 20 years.) I belong to a tiny minority that answers, Not in the foreseeable future." Having spent decades conducting research in quantum and condensed-matter physics, I've developed my very pessimistic view. It's based on an understanding of the gargantuan technical challenges that would have to be overcome to ever make quantum computing work.

The idea of quantum computing first appeared nearly 40 years ago, in 1980, when the Russian-born mathematician Yuri Manin, who now works at the Max Planck Institute for Mathematics, in Bonn, first put forward the notion, albeit in a rather vague form. The concept really got on the map, though, the following year, when physicist Richard Feynman, at the California Institute of Technology, independently proposed it.

Realizing that computer simulations of quantum systems become impossible to carry out when the system under scrutiny gets too complicated, Feynman advanced the idea that the computer itself should operate in the quantum mode: Nature isn't classical, dammit, and if you want to make a simulation of nature, you'd better make it quantum mechanical, and by golly it's a wonderful problem, because it doesn't look so easy," he opined. A few years later, University of Oxford physicist David Deutsch formally described a general-purpose quantum computer, a quantum analogue of the universal Turing machine.

The subject did not attract much attention, though, until 1994, when mathematician Peter Shor (then at Bell Laboratories and now at MIT) proposed an algorithm for an ideal quantum computer that would allow very large numbers to be factored much faster than could be done on a conventional computer. This outstanding theoretical result triggered an explosion of interest in quantum computing. Many thousands of research papers, mostly theoretical, have since been published on the subject, and they continue to come out at an increasing rate.

The basic idea of quantum computing is to store and process information in a way that is very different from what is done in conventional computers, which are based on classical physics. Boiling down the many details, it's fair to say that conventional computers operate by manipulating a large number of tiny transistors working essentially as on-off switches, which change state between cycles of the computer's clock.

The state of the classical computer at the start of any given clock cycle can therefore be described by a long sequence of bits corresponding physically to the states of individual transistors. With N transistors, there are 2N possible states for the computer to be in. Computation on such a machine fundamentally consists of switching some of its transistors between their on" and off" states, according to a prescribed program.

Illustration: Christian Gralingen

In quantum computing, the classical two-state circuit element (the transistor) is replaced by a quantum element called a quantum bit, or qubit. Like the conventional bit, it also has two basic states. Although a variety of physical objects could reasonably serve as quantum bits, the simplest thing to use is the electron's internal angular momentum, or spin, which has the peculiar quantum property of having only two possible projections on any coordinate axis: +1/2 or 1/2 (in units of the Planck constant). For whatever the chosen axis, you can denote the two basic quantum states of the electron's spin as and .

Here's where things get weird. With the quantum bit, those two states aren't the only ones possible. That's because the spin state of an electron is described by a quantum-mechanical wave function. And that function involves two complex numbers, and (called quantum amplitudes), which, being complex numbers, have real parts and imaginary parts. Those complex numbers, and , each have a certain magnitude, and according to the rules of quantum mechanics, their squared magnitudes must add up to 1.

That's because those two squared magnitudes correspond to the probabilities for the spin of the electron to be in the basic states and when you measure it. And because those are the only outcomes possible, the two associated probabilities must add up to 1. For example, if the probability of finding the electron in the state is 0.6 (60 percent), then the probability of finding it in the state must be 0.4 (40 percent)nothing else would make sense.

In contrast to a classical bit, which can only be in one of its two basic states, a qubit can be in any of a continuum of possible states, as defined by the values of the quantum amplitudes and . This property is often described by the rather mystical and intimidating statement that a qubit can exist simultaneously in both of its and states.

Yes, quantum mechanics often defies intuition. But this concept shouldn't be couched in such perplexing language. Instead, think of a vector positioned in the x-y plane and canted at 45 degrees to the x-axis. Somebody might say that this vector simultaneously points in both the x- and y-directions. That statement is true in some sense, but it's not really a useful description. Describing a qubit as being simultaneously in both and states is, in my view, similarly unhelpful. And yet, it's become almost de rigueur for journalists to describe it as such.

In a system with two qubits, there are 22 or 4 basic states, which can be written (), (), (), and (). Naturally enough, the two qubits can be described by a quantum-mechanical wave function that involves four complex numbers. In the general case of N qubits, the state of the system is described by 2N complex numbers, which are restricted by the condition that their squared magnitudes must all add up to 1.

While a conventional computer with N bits at any given moment must be in one of its 2N possible states, the state of a quantum computer with N qubits is described by the values of the 2N quantum amplitudes, which are continuous parameters (ones that can take on any value, not just a 0 or a 1). This is the origin of the supposed power of the quantum computer, but it is also the reason for its great fragility and vulnerability.

How is information processed in such a machine? That's done by applying certain kinds of transformationsdubbed quantum gates"that change these parameters in a precise and controlled manner.

Experts estimate that the number of qubits needed for a useful quantum computer, one that could compete with your laptop in solving certain kinds of interesting problems, is between 1,000 and 100,000. So the number of continuous parameters describing the state of such a useful quantum computer at any given moment must be at least 21,000, which is to say about 10300. That's a very big number indeed. How big? It is much, much greater than the number of subatomic particles in the observable universe.

To repeat: A useful quantum computer needs to process a set of continuous parameters that is larger than the number of subatomic particles in the observable universe.

At this point in a description of a possible future technology, a hardheaded engineer loses interest. But let's continue. In any real-world computer, you have to consider the effects of errors. In a conventional computer, those arise when one or more transistors are switched off when they are supposed to be switched on, or vice versa. This unwanted occurrence can be dealt with using relatively simple error-correction methods, which make use of some level of redundancy built into the hardware.

In contrast, it's absolutely unimaginable how to keep errors under control for the 10300 continuous parameters that must be processed by a useful quantum computer. Yet quantum-computing theorists have succeeded in convincing the general public that this is feasible. Indeed, they claim that something called the threshold theorem proves it can be done. They point out that once the error per qubit per quantum gate is below a certain value, indefinitely long quantum computation becomes possible, at a cost of substantially increasing the number of qubits needed. With those extra qubits, they argue, you can handle errors by forming logical qubits using multiple physical qubits.

How many physical qubits would be required for each logical qubit? No one really knows, but estimates typically range from about 1,000 to 100,000. So the upshot is that a useful quantum computer now needs a million or more qubits. And the number of continuous parameters defining the state of this hypothetical quantum-computing machinewhich was already more than astronomical with 1,000 qubitsnow becomes even more ludicrous.

Even without considering these impossibly large numbers, it's sobering that no one has yet figured out how to combine many physical qubits into a smaller number of logical qubits that can compute something useful. And it's not like this hasn't long been a key goal.

In the early 2000s, at the request of the Advanced Research and Development Activity (a funding agency of the U.S. intelligence community that is now part of Intelligence Advanced Research Projects Activity), a team of distinguished experts in quantum information established a road map for quantum computing. It had a goal for 2012 that requires on the order of 50 physical qubits" and exercises multiple logical qubits through the full range of operations required for fault-tolerant [quantum computation] in order to perform a simple instance of a relevant quantum algorithm." It's now the end of 2018, and that ability has still not been demonstrated.

Illustration: Christian Gralingen

The huge amount of scholarly literature that's been generated about quantum-computing is notably light on experimental studies describing actual hardware. The relatively few experiments that have been reported were extremely difficult to conduct, though, and must command respect and admiration.

The goal of such proof-of-principle experiments is to show the possibility of carrying out basic quantum operations and to demonstrate some elements of the quantum algorithms that have been devised. The number of qubits used for them is below 10, usually from 3 to 5. Apparently, going from 5 qubits to 50 (the goal set by the ARDA Experts Panel for the year 2012) presents experimental difficulties that are hard to overcome. Most probably they are related to the simple fact that 25 = 32, while 250 = 1,125,899,906,842,624.

By contrast, the theory of quantum computing does not appear to meet any substantial difficulties in dealing with millions of qubits. In studies of error rates, for example, various noise models are being considered. It has been proved (under certain assumptions) that errors generated by local" noise can be corrected by carefully designed and very ingenious methods, involving, among other tricks, massive parallelism, with many thousands of gates applied simultaneously to different pairs of qubits and many thousands of measurements done simultaneously, too.

A decade and a half ago, ARDA's Experts Panel noted that it has been established, under certain assumptions, that if a threshold precision per gate operation could be achieved, quantum error correction would allow a quantum computer to compute indefinitely." Here, the key words are under certain assumptions." That panel of distinguished experts did not, however, address the question of whether these assumptions could ever be satisfied.

I argue that they can't. In the physical world, continuous quantities (be they voltages or the parameters defining quantum-mechanical wave functions) can be neither measured nor manipulated exactly. That is, no continuously variable quantity can be made to have an exact value, including zero. To a mathematician, this might sound absurd, but this is the unquestionable reality of the world we live in, as any engineer knows.

Sure, discrete quantities, like the number of students in a classroom or the number of transistors in the on" state, can be known exactly. Not so for quantities that vary continuously. And this fact accounts for the great difference between a conventional digital computer and the hypothetical quantum computer.

Indeed, all of the assumptions that theorists make about the preparation of qubits into a given state, the operation of the quantum gates, the reliability of the measurements, and so forth, cannot be fulfilled exactly. They can only be approached with some limited precision. So, the real question is: What precision is required? With what exactitude must, say, the square root of 2 (an irrational number that enters into many of the relevant quantum operations) be experimentally realized? Should it be approximated as 1.41 or as 1.41421356237? Or is even more precision needed? There are no clear answers to these crucial questions.

While various strategies for building quantum computers are now being explored, an approach that many people consider the most promising, initially undertaken by the Canadian company D-Wave Systems and now being pursued by IBM, Google, Microsoft, and others, is based on using quantum systems of interconnected Josephson junctions cooled to very low temperatures (down to about 10 millikelvins).

The ultimate goal is to create a universal quantum computer, one that can beat conventional computers in factoring large numbers using Shor's algorithm, performing database searches by a similarly famous quantum-computing algorithm that Lov Grover developed at Bell Laboratories in 1996, and other specialized applications that are suitable for quantum computers.

On the hardware front, advanced research is under way, with a 49-qubit chip (Intel), a 50-qubit chip (IBM), and a 72-qubit chip (Google) having recently been fabricated and studied. The eventual outcome of this activity is not entirely clear, especially because these companies have not revealed the details of their work.

While I believe that such experimental research is beneficial and may lead to a better understanding of complicated quantum systems, I'm skeptical that these efforts will ever result in a practical quantum computer. Such a computer would have to be able to manipulateon a microscopic level and with enormous precisiona physical system characterized by an unimaginably huge set of parameters, each of which can take on a continuous range of values. Could we ever learn to control the more than 10300 continuously variable parameters defining the quantum state of such a system?

My answer is simple. No, never.

I believe that, appearances to the contrary, the quantum computing fervor is nearing its end. That's because a few decades is the maximum lifetime of any big bubble in technology or science. After a certain period, too many unfulfilled promises have been made, and anyone who has been following the topic starts to get annoyed by further announcements of impending breakthroughs. What's more, by that time all the tenured faculty positions in the field are already occupied. The proponents have grown older and less zealous, while the younger generation seeks something completely new and more likely to succeed.

All these problems, as well as a few others I've not mentioned here, raise serious doubts about the future of quantum computing. There is a tremendous gap between the rudimentary but very hard experiments that have been carried out with a few qubits and the extremely developed quantum-computing theory, which relies on manipulating thousands to millions of qubits to calculate anything useful. That gap is not likely to be closed anytime soon.

To my mind, quantum-computing researchers should still heed an admonition that IBM physicist Rolf Landauer made decades ago when the field heated up for the first time. He urged proponents of quantum computing to include in their publications a disclaimer along these lines: This scheme, like all other schemes for quantum computation, relies on speculative technology, does not in its current form take into account all possible sources of noise, unreliability and manufacturing error, and probably will not work."

Editor's note: A sentence in this article originally stated that concerns over required precision were never even discussed." This sentence was changed on 30 November 2018 after some readers pointed out to the author instances in the literature that had considered these issues. The amended sentence now reads: There are no clear answers to these crucial questions."

Mikhail Dyakonov does research in theoretical physics at Charles Coulomb Laboratory at the University of Montpellier, in France. His name is attached to various physical phenomena, perhaps most famously Dyakonov surface waves.

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The Case Against Quantum Computing - IEEE Spectrum