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Quantum Motion and Goldman Sachs Identify Quantum Applications in Financial Services Project

Quantum Motion, a UK-based quantum computing scale-up founded by Professor John Morton, University College London (UCL), and Professor Simon Benjamin, University of Oxford, has worked alongside Goldman Sachs to research how quantum computers can be used in financial services to perform complex calculations, such as options pricing.

From Quantum Motion 4 Nov 2024

Quantum-Assisted CNN Revolutionizes Breast Cancer Diagnostics

Researchers have introduced a Quantum-Classical Convolutional Neural Network (QCCNN) for breast cancer diagnosis.

30 Oct 2024

Breakthrough in Quantum Computing Enhances Chemical Simulations

Amid various efforts to develop algorithms and technologies that close the gap between today's noisy quantum systems and future fault-tolerant quantum computers, QSA researchers from partner institutions have concentrated on using quantum devices and novel techniques for significant applications such as complex molecular simulations in chemistry.

26 Oct 2024

Hybrid Qubits Achieve Fault-Tolerant Quantum Computation

Researchers introduced hybrid qubits combining discrete and continuous variables to improve fault tolerance in quantum computing. Using bosonic cat codes and single photons, this approach enhances error correction and reduces resource needs, offering breakthroughs in scalable quantum systems.

23 Oct 2024

TU Wien Studies Quantum Entanglement on Attosecond Scale

TU Wien (Vienna), in collaboration with research teams from China, has developed computer simulations that can replicate ultrafast processes in a study published in Physical Review Letters.

23 Oct 2024

Unifying Quantum Error Correction Methods

KIST researchers published a study in PRX Quantum proposing a method to integrate error correction for DV and CV qubits, previously developed separately.

17 Oct 2024

Scalable On-Chip Multiplexing for Silicon Qubits

This study demonstrates a 64-channel cryogenic CMOS multiplexer for scalable control of silicon quantum dots (QDs) with ultra-low power dissipation.

17 Oct 2024

Insights on Plasma Stability from DIII-D Fusion Facility Research

Research published in Physical Review Letters demonstrates that an initial measurement of magnetic island ion temperature has displayed a steep gradient, offering insights into enhancing tokamak plasma confinement.

17 Oct 2024

Quantum Computers Beat Supercomputers Past Key Noise Threshold

Google researchers demonstrated how their Sycamore processor achieves quantum superiority by reducing noise interference. This study identifies a critical noise threshold below which classical computers can no longer match quantum algorithms, marking a major milestone in quantum computational power.

16 Oct 2024

A New Benchmark for Quantifying the Accuracy of Quantum Many-Body Simulations

A large team of scientists at EPFL has now created a new benchmark known as the “V-score” that provides a consistent way to compare how well different quantum methods perform on the same problem.

16 Oct 2024