Episodes

  • Quantum Leap: IBM, Microsoft, and D-Wave Unveil Mind-Blowing Breakthroughs in Race for Quantum Supremacy

    Quantum Leap: IBM, Microsoft, and D-Wave Unveil Mind-Blowing Breakthroughs in Race for Quantum Supremacy
    Dec 17 2024
    This is your Quantum Tech Updates podcast.

    Hi, I'm Leo, short for Learning Enhanced Operator, and I'm here to bring you the latest updates on quantum computing. The past few days have been exciting, with significant breakthroughs and announcements that are shaping the future of this revolutionary technology.

    Let's start with IBM's recent launch of its most advanced quantum computers. On November 13, IBM unveiled its IBM Quantum Heron, a 156-qubit quantum processor that can run circuits with up to 5,000 two-qubit gate operations. This is a significant leap forward, doubling the capability and increasing the speed by 50-fold[2]. This advancement is crucial for tackling complex scientific problems across materials, chemistry, life sciences, and high-energy physics.

    Meanwhile, Microsoft has been making waves with its collaboration with Atom Computing. Together, they achieved a milestone by creating 24 working logical qubits, the most ever demonstrated, on a base of 112 physical qubits. This breakthrough uses the "neutral atoms" approach to quantum computing, which includes loss correction in a commercial neutral-atom system. According to Microsoft's Krysta Svore, the total number of usable, logical qubits will go up to 50, enabling customers to integrate reliable logical quantum computing into their workflows for applications such as chemistry and materials science[5].

    In other news, Riken has developed the world's first general-purpose optical quantum computer, which operates at nearly room temperature and processes at speeds up to several hundred terahertz. This system uses continuous-variable analog design with time-division multiplexing and is accessible through a cloud service, making it ideal for materials science, chemistry, and AI applications[5].

    D-Wave has also made significant strides with its latest 4,400-plus qubit Advantage2 processor. This system solves materials science problems 25,000 times faster than its previous version, doubling qubit coherence time and improving qubit connectivity. The new processor delivered five times better solutions for high-precision applications and outperformed the previous version in 99% of satisfiability problem tests[5].

    These advancements are not just about hardware; they're also about making quantum computing more accessible and practical. The integration of quantum and classical computing resources, as seen in IBM's platform, is crucial for businesses to start integrating quantum capabilities into their existing operations.

    The quantum computing market is expected to grow significantly, with a projected increase of USD 17.34 billion from 2024 to 2028, according to Technavio. This growth is driven by increasing expenditure by stakeholders and the trend towards AI and machine learning[3].

    As we wrap up, it's clear that quantum computing is on the cusp of a major breakthrough. With these recent announcements and advancements, we're seeing a convergence of AI, software, and hardware innovations that are propelling this technology into the mainstream. Stay tuned for more updates from the world of quantum computing.

    For more http://www.quietplease.ai


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    4 mins
  • Quantum Gossip: Google's Willow Wows, IBM's Heron Soars, and Microsoft's Svore Tells All!

    Quantum Gossip: Google's Willow Wows, IBM's Heron Soars, and Microsoft's Svore Tells All!
    Dec 14 2024
    This is your Quantum Tech Updates podcast.

    Hey there, I'm Leo, your Learning Enhanced Operator for all things quantum computing. Let's dive right into the latest updates from the quantum world.

    Just a few days ago, Google unveiled its state-of-the-art quantum chip, Willow. This breakthrough chip significantly reduces errors as it scales up, a major achievement in quantum error correction that the field has pursued for almost 30 years. Willow performed a standard benchmark computation in under five minutes that would take one of today's fastest supercomputers 10 septillion years – a number that vastly exceeds the age of the Universe[1].

    Meanwhile, IBM has been making waves with its most advanced quantum computers. At the IBM Quantum Developer Conference, the company announced quantum hardware and software advancements to execute complex algorithms on IBM quantum computers with record levels of scale, speed, and accuracy. IBM Quantum Heron, the company's most performant quantum processor to date, can now leverage Qiskit to accurately run certain classes of quantum circuits with up to 5,000 two-qubit gate operations. This is nearly twice the number of gates accurately run in IBM's 2023 demonstration of quantum utility. The combined improvements across IBM Heron and Qiskit can execute certain mirrored kicked Ising quantum circuits of up to 5,000 gates, which is a significant leap forward in quantum computing capabilities.

    In an interview with Krysta Svore, Technical Fellow in Microsoft's Advanced Quantum Development Team, she shared insights into the development of quantum computing over the past 25 years. Svore reflected on her journey from studying quantum computing for her PhD to working on practical applications at Microsoft. Her experiences highlight the rapid progress in the field and the growing confidence in its potential.

    The quantum industry has also seen a surge in funding. According to The Quantum Insider Q2 2024 report, the industry balanced significant scientific advances with substantial investments and strategic international collaborations. The quarter saw an influx of about $0.8 billion in private capital into quantum technology companies, a fourfold increase compared to Q2 2023. This surge in investment hints at the growing confidence and interest in the quantum technology sector.

    Boston Consulting Group (BCG) remains optimistic about the long-term forecast for quantum computing. Despite a 50% drop in overall tech investments, quantum computing attracted $1.2 billion from venture capitalists in 2023, underscoring continued investor confidence in its future. BCG projects that quantum computing will create $450 billion to $850 billion of economic value, sustaining a market in the range of $90 billion to $170 billion for hardware and software providers by 2040.

    That's the latest from the quantum world. It's an exciting time with breakthrough announcements, new capabilities, and industry momentum. Stay tuned for more updates from the quantum frontier.

    For more http://www.quietplease.ai


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    3 mins
  • Quantum Computing's $1 Trillion Surge: VCs Betting Big on Qubit Breakthroughs!

    Quantum Computing's $1 Trillion Surge: VCs Betting Big on Qubit Breakthroughs!
    Dec 12 2024
    This is your Quantum Tech Updates podcast.

    Hi, I'm Leo, your Learning Enhanced Operator for all things Quantum Computing. Let's dive straight into the latest updates in this exciting field.

    Over the past few months, quantum computing has seen significant breakthroughs and investments. Despite a 50% drop in overall tech investments, quantum computing attracted $1.2 billion from venture capitalists in 2023, showcasing continued investor confidence[1]. This trend continued into 2024, with the second quarter witnessing a fourfold increase in private capital influx, reaching $0.8 billion, according to The Quantum Insider[2].

    One of the most promising developments has been in qubit error correction. A collaboration among Harvard, QuEra, MIT, and NIST/UMD demonstrated error correction with 48 logical qubits on the neutral atoms platform. IBM created an innovative error-correcting code that is ten times more efficient than prior methods. Meanwhile, Microsoft and Quantinuum achieved an 800-times error reduction with trapped ions[1].

    These advancements are crucial for the future of quantum computing, which is expected to create $450 billion to $850 billion of economic value by 2040. The market for quantum hardware and software providers is projected to reach $90 billion to $170 billion by 2040[1].

    Governments are also actively investing in quantum technology. The US and China are leading the charge, envisioning a future where quantum computing plays a central role in national security and economic growth. Public sector support is likely to exceed $10 billion over the next three to five years[1].

    Australia recently announced a $940 million (AUD) investment in PsiQuantum, further underscoring the global commitment to quantum technology[2]. The Quantum Insider projects that the global quantum computing market could add a total of more than $1 trillion to the global economy between 2025 and 2035[4].

    As we move forward, it's clear that quantum computing is transitioning from the lab to the real world. With significant scientific advances and substantial investments, the industry is poised for rapid growth. Whether it's improving cybersecurity, material science, or solving complex problems, quantum technology is beginning to show real promise to not only solve problems but to improve people's lives[5].

    That's the latest from the quantum computing front. Stay tuned for more updates as this field continues to evolve and shape our future.

    For more http://www.quietplease.ai


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    3 mins
  • Quantum Computing's Trillion-Dollar Future: Big Bucks, Breakthroughs, and the AI Love Affair

    Quantum Computing's Trillion-Dollar Future: Big Bucks, Breakthroughs, and the AI Love Affair
    Dec 12 2024
    This is your Quantum Tech Updates podcast.

    Hi, I'm Leo, your go-to expert for all things quantum computing. Let's dive right into the latest updates.

    The quantum computing landscape is buzzing with excitement. Just a few days ago, I was reflecting on the long-term forecast for quantum computing, and it still looks incredibly bright. According to BCG, quantum computing is expected to create $450 billion to $850 billion of economic value by 2040, with the market for hardware and software providers reaching $90 billion to $170 billion[1].

    One of the key indicators of progress is the doubling of physical qubits on a quantum circuit every one to two years since 2018. This trend is expected to continue for at least the next three to five years. Moreover, despite a 50% drop in overall tech investments, quantum computing attracted $1.2 billion from venture capitalists in 2023, underscoring continued investor confidence.

    Governments are also making big investments, led by the US and China, envisioning a future where quantum computing plays a central role in national security and economic growth. Public sector support is likely to exceed $10 billion over the next three to five years, giving the technology enough runway to scale.

    Recent breakthroughs in qubit error correction have been particularly promising. A collaboration among Harvard, QuEra, MIT, and NIST/UMD demonstrated error correction with 48 logical qubits on the neutral atoms platform. IBM created an innovative error-correcting code that is ten times more efficient than prior methods, and Microsoft and Quantinuum demonstrated an 800-times error reduction with trapped ions.

    The synergy between quantum computing and AI is also gaining attention. The upcoming Quantum + AI conference in New York City highlights the potential of combining these technologies to create new algorithms, machine learning techniques, and data processing methods that are impossible to achieve with classical computers. Speakers like Nicolas Godbout from Polytechnique Montréal and Amandeep Bhatia from Purdue University will discuss the latest advancements and challenges in this field[3].

    Furthermore, McKinsey's Quantum Technology Monitor report notes that quantum technology has seen strong momentum, thanks to funding and significant technological advances. The report estimates that the ecosystem is progressing toward unlocking an estimated economic value of approximately $2 trillion by 2035[4].

    In conclusion, the quantum computing landscape is filled with promising developments and significant investments. From breakthroughs in qubit error correction to the growing synergy with AI, it's an exciting time to be in this field. Stay tuned for more updates as we continue to push the boundaries of what's possible with quantum computing.

    For more http://www.quietplease.ai


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    3 mins