BROOMFIELD, CO, and LONDON, June 5, 2024 – Integrated quantum computing company Quantinuum today unveiled what the company said is the industry’s first quantum computer with 56 trapped-ion qubits. “H2-1’s has further enhanced its market-leading fidelity and is now impossible for a classical computer to fully simulate,” Quantinuum said in its announcement. A joint team […]
JPMorgan Chase, Argonne and Quantinuum Show Theoretical Quantum Optimization Speedup
June 5, 2024 by
June 5, 2024 — In a new paper in Science Advances on May 29, researchers at JPMorgan Chase, the U.S. Department of Energy’s (DOE) Argonne National Laboratory and Quantinuum have demonstrated clear evidence of a quantum algorithmic speedup for the quantum approximate optimization algorithm (QAOA). This algorithm has been studied extensively and has been implemented […]
Quantum: Honeywell Closes $300M Round for Quantinuum
January 17, 2024 by
There are those who still insist quantum computing is a false dream and a fool’s errand, but quantum continues to make incursions into broader validation and wider backing. Example: Quantum computing company Quantinuum, the result of a November 2021 merger of Honeywell Quantum Solutions….
Toshiba, JPMorgan Chase, Ciena Announce Quantum-secure Network for Blockchain
February 17, 2022 by
Feb. 17, 2022 — JPMorgan Chase, Toshiba and networking systems company Ciena announced today they have demonstrated a viable quantum key distribution (QKD) network for metropolitan areas that is resistant to quantum computing attacks and capable of supporting 800 Gbps data rates. “The research team demonstrated the ability of the newly developed QKD network to […]
