Multiverse Partners With Ionq to Unlock the Power of Quantum Computing for Global Financial Companies
Multiverse Computing today announced a partnership with IonQ, the leader in trapped-ion quantum computing, which will enable financial services organizations to model risk more accurately and quickly than ever before, using the IonQ Quantum Cloud platform within Singularity®, Multiverse’s computing financial solution.
Material-Design Tools Taking On Quantum Monte Carlo Methods, Approximation of the Schrodinger Equation
A multi-institutional effort that includes researchers from Argonne, Lawrence Berkeley, and Oak Ridge National Laboratories is now underway to prepare QMCPACK for deployment on forthcoming, GPU-powered exascale machines, including the ALCF’s Aurora supercomputer. The greatly expanded computational power and parallelism of exascale will enable predictive capabilities far beyond the capacity of QMCPACK’s current implementation.
QC Ware’s Hyper-Focus on Practical Quantum Computing Nets $25M in Financing
Koch Disruptive Technologies, Covestro co-lead round to support growing demand for Forge quantum computing cloud service, as Fortune 1000 prepare for emerging quantum computing disruption
Goldman Sachs, QC Ware and IonQ Demonstrate Quantum Algorithms Proof-of-Concept That Will Revolutionize Financial Services, Other Industries
Goldman Sachs, QC Ware and IonQ Demonstrate Quantum Algorithms Proof-of-Concept That Will Revolutionize Financial Services, Other Industries Goldman Sachs, QC Ware and IonQ, Inc. (“IonQ”) today announced a significant step forward in the real-world application of quantum computing for the financial services industry. Specifically, a new research paper shows how IonQ’s quantum computers are now powerful enough […]
Still 5 to 10 Years Out for a Non-NISQ System, But Don’t Wait
Still 5 to 10 years away? Quantum computing was 5 to 10 years away 4 years ago. It will get here, eventually. It may just get very cold before then. Recommend listening to the interview from the source. Link is below. Because Quantum is Coming. Qubit Expert: Now is the time to prepare for the […]
For FinTech, Its Time to Think Tangibly About Quantum Computing
Why should wealth management firms be paying attention to quantum and how might advisors use it in the future? Quantum computers have the potential to help advisory firms be more efficient and grow their businesses.
Goldman Sachs and QC Ware Pushing ‘Good Enough’ Quantum Computing to Quadratic Heights
Good piece from Penny Crossman. She describes how Goldman Sachs and QC Ware are squeezing out every possible angle to take the lead in quantum FinTech. Recommend reading from the source. Link is below. Because Quantum is Coming. Qubit Goldman Sachs moves a step closer to quantum computing Read More… + They’re taking advantage of […]
Algorithm to Accelerate Monte Carlo Integration on Quantum Computers Revealed
Cambridge Quantum Develops Algorithm to Accelerate Monte Carlo Integration on Quantum Computers The scientific and technical breakthrough provides a provable roadmap to quantum advantage Cambridge Quantum Computing (CQC) May 27, 2021, announced the discovery of a new algorithm that accelerates quantum Monte Carlo integration – shortening the time to quantum advantage and confirming the critical […]
Quantum Monte Carlo Simulations Coming to Market Thanks to Joint Effort
Goldman Sachs and QC Ware Collaboration Brings New Way to Price Risky Assets within Reach of Quantum Computers Marking a significant step in the roadmap for quantum advantage for financial applications, Goldman Sachs and QC Ware researchers have designed new, robust quantum algorithms that outperform state-of-the-art classical algorithms for Monte Carlo simulations and can be used on […]
Microsoft to Bring Azure Quantum to Ally Financial, Provide Avenue to Quantum-Ready Workforce
Ally explores fintech products using quantum computing with Microsoft Read More… + Microsoft today announced that fintech firm Ally will join the former’s Azure Quantum program to explore how quantum computing can create opportunities in the financial sector. The two companies say that they’ll apply research on quantum-inspired algorithms to understand ways they can be […]