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News and analysis about Quantum Computing trends and applications best practices

Microsoft is expanding its presence in North Carolina by hiring new engineers to expand its engineering and quantum computing activities. Software manufacturer and Governor Roy Cooper announced on Friday that Microsoft's $23 million investment in Charlotte is aimed at creating 430 new jobs by 2023. The Redmond, Washington, company could receive $8.5 million in state subsidies over time if it meets its job creation and investment objectives. A group of government experts awarded an incentives...  
Recent Findings Should be Celebrated, but Practical Realities are the Real Test. Quantum computing receives a lot of attention due to its potential to take on problems beyond the reach of today’s computers, such as new drug discovery, financial modeling and exploring how the universe works. Universities, governments and technology companies around the world are striving to achieve a commercially-viable quantum computing system. While the collective progress is real – and is getting noticed –...  
As you may have heard - yesterday we learned that Google is capable of building machines that are millions of times more superior to today’s classical computers for certain tasks. The story comes from publishing found on NASA's site which was then removed after a few hours. But why are global governments are pouring billions of dollars into quantum ?   What does this mean for us? For the common individual life will not change for many years to come. For banks, pharma, energy and IT...  
During a unique event, 3DR Holdings associated with QuTech, will highlight the state of the art of Quantum Computing, Quantum Communications, and Quantum Sensors. It will be in The Hague, Netherlands, on October 29 and 30. The conference offers over 30 expert speakers from commercial, end-user, start-up, governmental and academic organizations. Attendees will learn about the latest quantum technology opportunities in areas such as financial services, aerospace, pharma and specialty chemical,...  
Every week, Quantaneo selects from the scientific literature an academic article about quantum computing. We do not claim to judge the content of published articles. It is a purely subjective choice, of an article that interested the editorial team and that we would like to share with you. This week: Quantum Chemistry in the Age of Quantum Computing by Yudong Cao, Jonathan Romero, Jonathan P. Olson, Matthias Degroote, Peter D. Johnson, Mária Kieferová, Ian D. Kivlichan, Tim Menke, Borja...  
The promise of computers that exploit the strange behavior of subatomic particles has tempted scientists for decades. In time, quantum computers will likely tackle problems that are difficult or even impossible to solve on a traditional computer—from simulating the behavior of electrons and molecules to advancing artificial intelligence—but daunting challenges must be overcome first. Building on qubits The basic unit of computing on a quantum computer is known as a qubit (short for “quantum...  
Every week, Quantaneo selects from the scientific literature an academic article about quantum computing. We do not claim to judge the content of published articles. It is a purely subjective choice, of an article that interested the editorial team and that we would like to share with you. This week: Quantum Algorithms for Portfolio Optimization by Iordanis Kerenidis, Anupam Prakash, and Dániel Szilágyi   Date of publication: 22/08/2019 To cite this paper: arXiv:1908.08040...  
The Spanish bank publicly shared the results of two tests conducted with IBM tools, the Qiskit framework and IBM Q System One. The PoC includes the risk assessment of a mortgage portfolio and a treasury bond portfolio. Positive results obtained! Among European banks, CaixaBank is one of the most innovative, as acknowledged by the American magazine Global Finance in 2019. And to remain innovative in its relationship with the client, the bank must also innovate in the utility room, the "back...  
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