Volkswagen Group and Canadian quantum technology company Xanadu have established a multiyear research program to improve the performance of quantum algorithms for simulating battery materials.
Some organizations in finance, manufacturing and other sectors are already deriving value from insights and non-trivial solutions for a small set of industry-relevant problems.
Given its promise, there is understandably a rush amongst technology companies, universities, and startups in putting together teams and investments to apply quantum computing to real-world problems.
Despite research advances in the past few years, McKinsey’s research reports that quantum technologies remain nascent and have garnered less attention than more mature technologies. But despite these challenges, the study presents a number of plausible benefits that could be achieved if error rates can be reduced.
Mainstream quantum computing may be years away, but some companies are finding ways to pilot the technology now, to see if it can deliver tangible business benefits.
[A]ttention is turning towards quantum’s use as a tool for codifying quantitative macroeconomic problems, revealing how wealth evolves over time in response to changes or perturbations within the financial network..
Using Auransa’s SMarTR Engine and human disease data, researchers have identified a biological pathway that is predicted to be relevant and hence, likely to be important for patient outcomes..
Company management will ring the NYSE opening bell Monday, August 8, 2022, at 9:30 a.m. ET in honor of D-Wave Quantum’s listing and celebrating the advent of commercial quantum computing into public markets.
In addition to a growing customer base, D-Wave’s new use cases and applications are being explored across manufacturing, logistics, financial services, autonomous driving, and life sciences utilizing quantum hybrid technologies.
Quantum-South, the Uruguay-based start-up, has joined the IBM Quantum Network to apply quantum computing to the advancement of the air and maritime cargo industry, including the potential for greater efficiency in logistics.
