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Quantum computing is a rapidly-emerging technology that harnesses the laws of quantum mechanics to solve problems too complex for classical computers!
Artificial intelligence companies are in the lead of development and deployment of quantum computing. One of the early applications is to speed up existing machine learning algorithms, and the day will soon come when it creates entirely new classes of algorithms that do not currently exist.
Quantum computing is used in Finance for portfolio optimization, scenario analysis, and pricing. The most common models used are the Black-Scholes-Merton model and Monte Carlo evaluation.
Quantum random number generation is fundamental to cryptography. Conventional random number generators typically rely on algorithms known as pseudo-random number generators, which are not truly random and thus potentially open to compromise. Companies such as Quantum Dice and IDQuantique are developing quantum random number generators that utilize quantum optics to generate sources of true randomness. These products are already seeing commercial deployment.
Quantum computers are well suited to perform traffic simulation, vehicle routing, and optimization. All of this can be used to reduce time to deliver, grow sales, reduce operational costs, and improve customer service levels.
Quantum Computing has the ability to sift through vast amounts of data even finding correlation in the data experientially faster than traditional linear regression models. This will be utilized and impact many industries as this technology comes online.
Classical computers (like the one you may be reading this on) calculate using bits, or binary digits, which can have only one of two values, either 1 or 0. Quantum computers, however, calculate using quantum bits, known as qubits. Qubits can be both 1 and 0 simultaneously—meaning they can perform two calculations at once.
Just like a binary bit is the basic unit of information in classical (or traditional) computing, a qubit (or quantum bit) is the basic unit of information in quantum computing. Quantum computing is driving new discoveries in healthcare, energy, environmental systems, smart materials, and beyond.
Qubits are represented by a superposition of multiple possible states
A qubit uses the quantum mechanical phenomena of superposition to achieve a linear combination of two states. A classical binary bit can only represent a single binary value, such as 0 or 1, meaning that it can only be in one of two possible states. A qubit, however, can represent a 0, a 1, or any proportion of 0 and 1 in superposition of both states, with a certain probability of being a 0 and a certain probability of being a 1.
Superposition gives quantum computers superior computing power
Superposition allows quantum algorithms to process information in a fraction of the time it would take even the fastest classical systems to solve certain problems.
There are many physical implementations of qubits
Where classical computers use familiar silicon-based chips, qubits (sometimes called "quantum computer qubits") can be made from trapped ions, photons, artificial or real atoms, or quasiparticles. Depending on the architecture and qubit systems, some implementations need their qubits to be kept at temperatures close to absolute zero.
https://azure.microsoft.com/en-us/overview/what-is-a-qubit/#qubit-vs-bit
Superposition enables quantum algorithms to utilize other quantum mechanical phenomena, such as interference and entanglement. Together, superposition, interference, and entanglement create computing power that can solve problems exponentially faster than classical computers
Entanglement is a physical relationship between two or more qubits in which one qubit seems to know what happens to another, even when they are a large distance apart. Entangled qubits become a system with a single quantum state. If you measure one qubit (i.e., collapse its superposition to a single state), you will have the same impact on the other qubits in the system with nothing connecting them together.
Quantum computers are elegant machines, smaller and requiring less energy than supercomputers. An IBM Quantum processor is a wafer not much bigger than the one found in a laptop. And a quantum hardware system is about the size of a car, made up mostly of cooling systems to keep the superconducting processor at its ultra-cold operational temperature.
A classical processor uses bits to perform its operations. A quantum computer uses qubits (CUE-bits) to run multidimensional quantum algorithms.
Superfluids
Your desktop computer likely uses a fan to get cold enough to work. Our quantum processors need to be very cold – about a hundredth of a degree above absolute zero. To achieve this, we use super-cooled superfluids to create superconductors.
Superconductors
At those ultra-low temperatures certain materials in our processors exhibit another important quantum mechanical effect: electrons move through them without resistance. This makes them "superconductors." When electrons pass through superconductors they match up, forming "Cooper pairs." These pairs can carry a charge across barriers, or insulators, through a process known as quantum tunneling. Two superconductors placed on either side of an insulator form a Josephson junction.
Control
Our quantum computers use Josephson junctions as superconducting qubits. By firing microwave photons at these qubits, we can control their behavior and get them to hold, change, and read out individual units of quantum information.
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D-Wave, a Global Leader in Quantum Computing Systems, Software, & Services Announces Plans to Bring Commercial Quantum Computing to Public Markets Via Transaction with DPCM Capital, Inc.
Azure Quantum takes a comprehensive approach to delivering all the technology needed to enable commercial impact by innovating in parallel at all layers of the computing stack, including controls, software, and development tools and services.
Rigetti Computing is an integrated systems company. We build quantum computers and the superconducting quantum processors that power them. Through our Quantum Cloud Services (QCS) platform, our machines can be integrated into any public, private or hybrid cloud.
Rigetti Computing is an integrated systems company. We build quantum computers and the superconducting quantum processors that power them. Through our Quantum Cloud Services (QCS) platform, our machines can be integrated into any public, private or hybrid cloud.
Xanadu is a quantum technology company based in Canada with the aim of creating quantum computers that are both useful and accessible to all. The company’s Xanadu Quantum Cloud (XQC) service also gives users access to near-term quantum devices.
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