Archive for the ‘Quantum Computer’ Category

Quantum computers are like kaleidoscopes why unusual metaphors help illustrate science and technology – The Conversation Indonesia

Quantum computing is like Forrest Gumps box of chocolates: You never know what youre gonna get. Quantum phenomena the behavior of matter and energy at the atomic and subatomic levels are not definite, one thing or another. They are opaque clouds of possibility or, more precisely, probabilities. When someone observes a quantum system, it loses its quantum-ness and collapses into a definite state.

Quantum phenomena are mysterious and often counterintuitive. This makes quantum computing difficult to understand. People naturally reach for the familiar to attempt to explain the unfamiliar, and for quantum computing this usually means using traditional binary computing as a metaphor. But explaining quantum computing this way leads to major conceptual confusion, because at a base level the two are entirely different animals.

This problem highlights the often mistaken belief that common metaphors are more useful than exotic ones when explaining new technologies. Sometimes the opposite approach is more useful. The freshness of the metaphor should match the novelty of the discovery.

The uniqueness of quantum computers calls for an unusual metaphor. As a communications researcher who studies technology, I believe that quantum computers can be better understood as kaleidoscopes.

The gap between understanding classical and quantum computers is a wide chasm. Classical computers store and process information via transistors, which are electronic devices that take binary, deterministic states: one or zero, yes or no. Quantum computers, in contrast, handle information probabilistically at the atomic and subatomic levels.

Classical computers use the flow of electricity to sequentially open and close gates to record or manipulate information. Information flows through circuits, triggering actions through a series of switches that record information as ones and zeros. Using binary math, bits are the foundation of all things digital, from the apps on your phone to the account records at your bank and the Wi-Fi signals bouncing around your home.

In contrast, quantum computers use changes in the quantum states of atoms, ions, electrons or photons. Quantum computers link, or entangle, multiple quantum particles so that changes to one affect all the others. They then introduce interference patterns, like multiple stones tossed into a pond at the same time. Some waves combine to create higher peaks, while some waves and troughs combine to cancel each other out. Carefully calibrated interference patterns guide the quantum computer toward the solution of a problem.

The term bit is a metaphor. The word suggests that during calculations, a computer can break up large values into tiny ones bits of information which electronic devices such as transistors can more easily process.

Using metaphors like this has a cost, though. They are not perfect. Metaphors are incomplete comparisons that transfer knowledge from something people know well to something they are working to understand. The bit metaphor ignores that the binary method does not deal with many types of different bits at once, as common sense might suggest. Instead, all bits are the same.

The smallest unit of a quantum computer is called the quantum bit, or qubit. But transferring the bit metaphor to quantum computing is even less adequate than using it for classical computing. Transferring a metaphor from one use to another blunts its effect.

The prevalent explanation of quantum computing is that while classical computers can store or process only a zero or one in a transistor or other computational unit, quantum computers supposedly store and handle both zero and one and other values in between at the same time through the process of superposition.

Superposition, however, does not store one or zero or any other number simultaneously. There is only an expectation that the values might be zero or one at the end of the computation. This quantum probability is the polar opposite of the binary method of storing information.

Driven by quantum sciences uncertainty principle, the probability that a qubit stores a one or zero is like Schroedingers cat, which can be either dead or alive, depending on when you observe it. But the two different values do not exist simultaneously during superposition. They exist only as probabilities, and an observer cannot determine when or how frequently those values existed before the observation ended the superposition.

Leaving behind these challenges to using traditional binary computing metaphors means embracing new metaphors to explain quantum computing.

The kaleidoscope metaphor is particularly apt to explain quantum processes. Kaleidoscopes can create infinitely diverse yet orderly patterns using a limited number of colored glass beads, mirror-dividing walls and light. Rotating the kaleidoscope enhances the effect, generating an infinitely variable spectacle of fleeting colors and shapes.

The shapes not only change but cant be reversed. If you turn the kaleidoscope in the opposite direction, the imagery will generally remain the same, but the exact composition of each shape or even their structures will vary as the beads randomly mingle with each other. In other words, while the beads, light and mirrors could replicate some patterns shown before, these are never absolutely the same.

Using the kaleidoscope metaphor, the solution a quantum computer provides the final pattern depends on when you stop the computing process. Quantum computing isnt about guessing the state of any given particle but using mathematical models of how the interaction among many particles in various states creates patterns, called quantum correlations.

Each final pattern is the answer to a problem posed to the quantum computer, and what you get in a quantum computing operation is a probability that a certain configuration will result.

Metaphors make the unknown manageable, approachable and discoverable. Approximating the meaning of a surprising object or phenomenon by extending an existing metaphor is a method that is as old as calling the edge of an ax its bit and its flat end its butt. The two metaphors take something we understand from everyday life very well, applying it to a technology that needs a specialized explanation of what it does. Calling the cutting edge of an ax a bit suggestively indicates what it does, adding the nuance that it changes the object it is applied to. When an ax shapes or splits a piece of wood, it takes a bite from it.

Metaphors, however, do much more than provide convenient labels and explanations of new processes. The words people use to describe new concepts change over time, expanding and taking on a life of their own.

When encountering dramatically different ideas, technologies or scientific phenomena, its important to use fresh and striking terms as windows to open the mind and increase understanding. Scientists and engineers seeking to explain new concepts would do well to seek out originality and master metaphors in other words, to think about words the way poets do.

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Quantum computers are like kaleidoscopes why unusual metaphors help illustrate science and technology - The Conversation Indonesia

Unlock Generous Growth With These 3 Top Quantum Computing Stocks – InvestorPlace

While the technology offers myriad innovations, investors ought to earmark the top quantum computing stocks for the speculative long-term section of their portfolio. Fundamentally, it all comes down to the projected relevance.

According to Grand View Research, the global quantum computing market size reached a valuation of $1.05 billion in 2022. Experts project that the sector could expand at a compound annual growth rate (CAGR) of 19.6% from 2023 to 2030. At the culmination of the forecast period, the segment could print revenue of $4.24 billion.

Better yet, we might be in the early stages. Per McKinsey & Company, quantum technology itself could lead to value creation worth trillions of dollars. Essentially, quantum computers represent a paradigm shift from the classical approach. These devices can generate myriad functions simultaneously, leading to explosive growth in productivity.

Granted, with every pioneering space comes high risks. If youre willing to accept the heat, these are the top quantum computing stocks to consider.

Source: Boykov / Shutterstock.com

To be sure, Honeywell (NASDAQ:HON) isnt exactly what you would call a direct player among top quantum computing stocks. Rather, the company is an industrial and applied sciences conglomerate, featuring acumen across myriad disciplines. However, Honeywell is very much relevant to the advanced computing world thanks to its investment in Quantinuum.

Earlier this year, Honeywells quantum computing enterprise reached a valuation of $5 billion following a $300 million equity funding round, per Reuters. Notably, JPMorgan Chase (NYSE:JPM) helped anchor the investment. According to the news agency, [c]ompanies are exploring ways to develop and scale quantum capabilities to solve complex problems such as designing and manufacturing hydrogen cell batteries for transportation.

Honeywell could play a big role in the applied capabilities of quantum computing, making it a worthwhile long-term investment. To be fair, its not the most exciting play in the world. Analysts rate shares a consensus moderate buy but with an average price target of $229.21. That implies about 10% upside.

Still, Honeywell isnt likely to implode either. As you build your portfolio of top quantum computing stocks, it may pay to have a reliable anchor like HON.

Source: Amin Van / Shutterstock.com

Getting into the more exciting plays among top quantum computing stocks, we have IonQ (NYSE:IONQ). Based in College Park, Maryland, IonQ mainly falls under the computer hardware space. Per its public profile, the company engages in the development of general-purpose quantum computing systems. Business-wise, IonQ sells access to quantum computers of various qubit capacities.

Analysts are quite optimistic about IONQ stock, rating shares a consensus strong buy. Further, the average price target comes in at $16.63, implying over 109% upside potential. Thats not all the most optimistic target calls for a price per share of $21. If so, we would be talking about a return of over 164%. Of course, with a relatively modest market capitalization of $1.68 billion, IONQ is a high-risk entity.

Even with the concerns, including an expansion of red ink for fiscal 2024, covering experts believe the growth narrative could overcome the anxieties. In particular, theyre targeting revenue of $39.47 million, implying 79.1% upside from last years print of $22.04 million. Whats more, fiscal 2025 sales could see a gargantuan leap to $82.38 million. Its one of the top quantum computing stocks to keep on your radar.

Source: Shutterstock

Headquartered in Berkeley, California, Rigetti Computing (NASDAQ:RGTI) through its subsidiaries builds quantum computers and superconducting quantum processors. In particular, Rigetti offers a cloud-based solution under a quantum processing umbrella. It also sells access to its groundbreaking computers through a business model called Quantum Computing as a Service.

While intriguing, RGTI stock is high risk. The reality is that the enterprise features a market cap of a little over $175 million. That translates to a per-share price of two pennies over a buck. With such a diminutive profile, anything can happen. Still, its tempting because analysts rate shares a unanimous strong buy. Also, the average price target lands at $3, implying over 194% upside potential.

Whats even more enticing are the financial projections. Covering experts believe that Rigetti will post a loss per share of 41 cents. Thats an improvement over last years loss of 57 cents. Further, revenue could hit $15.3 million, up 27.4% from the prior year. And in fiscal 2025, sales could soar to $28.89 million, up nearly 89% from projected 2024 revenue.

If you can handle the heat, RGTI is one of the top quantum computing stocks to consider.

On the date of publication, Josh Enomoto did not have (either directly or indirectly) any positions in the securities mentioned in this article.The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.

A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare. Tweet him at @EnomotoMedia.

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Unlock Generous Growth With These 3 Top Quantum Computing Stocks - InvestorPlace

Quantum control’s role in scaling quantum computing – McKinsey

June 14, 2024by Henning Soller and Niko Mohr with Elisa Becker-Foss, Kamalika Dutta, Martina Gschwendtner, Mena Issler, and Ming Xu

Quantum computing can leverage the states of entangled qubits1 to solve problems that classical computing cannot currently solve and to substantially improve existing solutions. These qubits, which are typically constructed from photons, atoms, or ions, can only be manipulated using specially engineered signals with precisely controlled energy that is barely above that of a vacuum and that changes within nanoseconds. This control system for qubits, referred to as quantum control, is a critical enabler of quantum computing because it ensures quantum algorithms perform with optimal efficiency and effectiveness.

While the performance and scaling limitations of current quantum control systems preclude large-scale quantum computing, several promising technological innovations may soon offer scalable control solutions.

A modern quantum computer comprises various hardware and software components, including quantum control components that require extensive space and span meters. In quantum systems, qubits interact with the environment, causing decoherence and decay of the encoded quantum information. Quantum gates (building blocks of quantum circuits) cannot be implemented perfectly at the physical system level, resulting in accumulated noise. Noise leads to decoherence, which lowers qubits superposition and entanglement properties. Quantum control minimizes the quantum noisefor example, thermal fluctuations and electromagnetic interferencecaused by the interaction between the quantum hardware and its surroundings. Quantum control also addresses noise by improving the physical isolation of qubits, using precise control techniques, and implementing quantum error correction codes. Control electronics use signals from the classical world to provide instructions for qubits, while readout electronics measure qubit states and transmit that information back to the classical world. Thus, the control layer in a quantum technology stack is often referred to as the interface between the quantum and classical worlds.

Components of the control layer include the following:

A superconducting- or spin qubitbased computer, for example, includes physical components such as quantum chips, cryogenics (cooling electronics), and control and readout electronics.

Quantum computing requires precise control of qubits and manipulation of physical systems. This control is achieved via signals generated by microwaves, lasers, and optical fields or other techniques that support the underlying qubit type. A tailored quantum control system is needed to achieve optimal algorithm performance.

In the context of a quantum computing stack, control typically refers to the hardware and software system that connects to the qubits the application software uses to solve real-world problems such as optimization and simulation (Exhibit 1).

At the top of the stack, software layers translate real-world problems into executable instructions for manipulating qubits. The software layer typically includes middleware (such as a quantum transpiler2) and control software comprising low-level system software that provides compilation, instrument control, signal generation, qubit calibration, and dynamical error suppression.3 Below the software layer is the hardware layer, where high-speed electronics and physical components work together to send signals to and read signals from qubits and to protect qubits from noise. This is the layer where quantum control instructions are executed.

Quantum control hardware systems are highly specialized to accommodate the intricacies of qubits. Control hardware interfaces directly with qubits, generating and reading out extremely weak and rapidly changing electromagnetic signals that interact with qubits. To keep qubits functioning for as long as possible, control hardware systems must be capable of adapting in real time to stabilize the qubit state (feedback calibration) and correct qubits from decaying to a completely decoherent state4 (quantum error correction).

Although all based on similar fundamental principles of quantum control, quantum control hardware can differ widely depending on the qubit technology with which it is designed to be used (Exhibit 2).

For example, photonic qubits operate at optical frequencies (similar to fiber internet), while superconducting qubits operate at microwave frequencies (similar to a fifth-generation network). Different types of hardware using laser technology or electronic circuits are needed to generate, manipulate, and transmit signals to and from these different qubit types. Additional hardware may be needed to provide environmental control. Cryostats, for example, cool superconducting qubits to keep them in a working state, and ion trap devices are used in trapped-ion qubit systems to confine ions using electromagnetic fields.

Quantum control is critical to enable fault-tolerant quantum computingquantum computing in which as many errors as possible are prevented or suppressed. But realizing this capability on a large scale will require substantial innovation. Existing control systems are designed for a small number of qubits (1 to 1,000) and rely on customized calibration and dedicated resources for each qubit. A fault-tolerant quantum computer, on the other hand, needs to control 100,000 to 1,000,000 qubits simultaneously. Consequently, a transformative approach to quantum control design is essential.

Specifically, to achieve fault-tolerant quantum computing on a large scale, there must be advances to address issues with current state-of-the-art quantum control system performance and scalability, as detailed below.

Equipping quantum systems to perform at large scales will require the following:

The limitations that physical space poses and the cost to power current quantum computing systems restrict the number of qubits that can be controlled with existing architecture, thus hindering large-scale computing.

Challenges to overcoming these restrictions include the following:

Several technologies show promise for scaling quantum control, although many are still in early-research or prototyping stages (Exhibit 3).

Multiplexing could help reduce costs and prevent overheating. The cryogenic complementary metal-oxide-semiconductor (cryo-CMOS) approach also helps mitigate overheating; it is the most widely used approach across industries because it is currently the most straightforward way to add control lines, and it works well in a small-scale R&D setup. However, cryo-CMOS is close to reaching the maximum number of control lines, creating form factor and efficiency challenges to scaling. Even with improvements, the number of control lines would only be reduced by a few orders of magnitude, which is not sufficient for scaling to millions of qubits. Another option to address overheating is single-flux quantum technology, while optical links for microwave qubits can increase efficiency in interconnections as well as connect qubits between cryostats.

Whether weighing options to supply quantum controls solutions or to invest in or integrate quantum technologies into companies in other sectors, leaders can better position their organizations for success by starting with a well-informed and strategically focused plan.

The first strategic decision leaders in the quantum control sector must make is whether to buy or build their solutions. While various levels of quantum control solutions can be sourced from vendors, few companies specialize in control, and full-stack solutions for quantum computing are largely unavailable. The prevailing expertise is that vendors can offer considerable advantages in jump-starting quantum computing operations, especially those with complex and large-scale systems. Nevertheless, a lack of industrial standardization means that switching between quantum control vendors could result in additional costs down the road. Consequently, many leading quantum computing players opt to build their own quantum control.

Ideally, business leaders also determine early on which parts of the quantum tech stack to focus their research capacities on and how to benchmark their technology. To develop capabilities and excel in quantum control, it is important to establish KPIs that are tailored to measure how effectively quantum control systems perform to achieve specific goals, such as improved qubit fidelity.5 This allows for the continuous optimization and refinement of quantum control techniques to improve overall system performance and scalability.

Quantum control is key to creating business value. Thus, the maturity and scalability of control solutions are the chief considerations for leaders exploring business development related to quantum computing, quantum solutions integration, and quantum technologies investment. In addition to scalability (the key criterion for control solutions), leaders will need to consider and address the other control technology challenges noted previously. And as control technologies mature from innovations to large-scale solutions, establishing metrics for benchmarking them will be essential to assess, for example, ease of integration, cost effectiveness, error-suppression effectiveness, software offerings, and the possibility of standardizing across qubit technologies.

Finally, given the shortage of quantum talent, recruiting and developing the highly specialized capabilities needed for each layer of the quantum stack is a top priority to ensure quantum control systems are properly developed and maintained.

Henning Soller is a partner in McKinseys Frankfurt office, and Niko Mohr is a partner in the Dsseldorf office. Elisa Becker-Foss is a consultant in the New York office, Kamalika Dutta is a consultant in the Berlin office, Martina Gschwendtner is a consultant in the Munich office, Mena Issler is an associate partner in the Bay Area office, and Ming Xu is a consultant in the Stamford office.

1 Entangled qubits are qubits that remain in a correlated state in which changes to one affect the other, even if they are separated by long distances. This property can enable massive performance boosts in information processing. 2 A quantum transpiler converts code from one quantum language to another while preserving and optimizing functionality to make algorithms and circuits portable between systems and devices. 3 Dynamical error suppression is one approach to suppressing quantum error and involves the periodic application of control pulse sequences to negate noise. 4 A qubit in a decoherent state is losing encoded quantum information (superposition and entanglement properties). 5 Qubit fidelity is a measure of the accuracy of a qubits state or the difference between its current state and the desired state.

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Quantum control's role in scaling quantum computing - McKinsey

Quantum Computing and AI: A Perfect Match? – InformationWeek

It's a marriage that could only happen in cyberspace -- quantum computing and artificial intelligence.

Quantum AI is a burgeoning computer science sector, dedicated to exploring the potential synergy that exists between quantum computing and AI, says Gushu Li, a professor at the University of Pennsylvania School of Engineering and Applied Science, in an email interview. "It seeks to apply principles from quantum mechanics to enhance AI algorithms." A growing number of researchers now believe that AI models developed with quantum computing will soon outpace classical computing AI development.

Quantum AI creates an intersection between quantum computing and artificial intelligence, observes Romn Ors, chief scientific officer at quantum computing software development firm Multiverse Computing, via email. He notes that quantum computing has the potential to take AI to entirely new levels of performance. "For instance, it's possible to develop quantum neural networks that teach a quantum computer to detect anomalies, do image recognition, and other tasks." Ors adds that it's also possible to improve traditional AI methods by using quantum-inspired approaches to dramatically reduce the development and training costs of large language models (LLMs).

Related:Demystifying Quantum Computing: Separating Fact from Fiction

Combining the quantum physics properties of superposition and entanglement, which can perform limitless processes simultaneously with machine learning and AI, and suddenly it's possible to do more than ever imagined, says Tom Patterson, emerging technology security lead at business advisory firm Accenture, via email. "Unfortunately, that includes being used by adversaries to crack our encryption and develop new and insidious ways to separate us from our information, valuables, and anything else we hold dear."

Still, Patterson is generally optimistic. Like ChatGPT, he expects quantum AI to arrive gradually, and then all at once. "While full use of an AI-relevant quantum computer remains years away, the benefits of thinking about AI with quantum information science capabilities are exciting and important today," he states. "The opportunities are here and now, and the future is brighter than ever with quantum AI."

For his part, Li believes that quantum AI's biggest initial impact will be in four specific areas:

Drug Discovery: Simulating molecules to design new drugs and materials with superior properties.

Financial Modeling: Optimizing complex financial portfolios and uncovering hidden trends in the market.

Related:Cybersecurity's Future: Facing Post-Quantum Cryptography Peril

Materials Science: Developing new materials with specific properties for applications like superconductors or ultra-efficient solar cells.

Logistics and Optimization: Finding the most efficient routes for transportation and optimizing complex supply chains.

Quantum AI is already here, but it's a silent revolution, Ors says. "The first applications of quantum AI are finding commercial value, such as those related to LLMs, as well as in image recognition and prediction systems," he states. More quantum AI applications will become available as quantum computers grow more powerful. "It's expected that in two-to-three years there will be a broad range of industrial applications of quantum AI."

Yet the road ahead may be rocky, Li warns. "It's well known that quantum hardware suffers from noise that can destroy computation," he says. "Quantum error correction promises a potential solution, but that technology isn't yet available."

Meanwhile, while quantum AI algorithms are being developed, classical computing competitors are achieving new AI successes. "While progress is being made, it's prudent to acknowledge that the integration of quantum computing with AI is a complex endeavor that will unfold gradually," Li says.

Related:What Is the Future of AI-Driven Employee Monitoring?

Patterson notes that many of the most promising quantum AI breakthroughs aren't arriving from university and corporate research teams, but from various regional developer and support communities that closely mirror natural ecosystems. "Regions that have decided that quantum and AI are too big and too important to leave to one group or another have organized around providing everything progress demands -- from investment to science to academics to entrepreneurs, growth engines, and tier-one buyers," he says. "These regional ecosystems are where the magic happens with quantum AI."

GenAI and quantum computing are mind-blowing advances in computing technology, says Guy Harrison, enterprise architect at cybersecurity technology company OneSpan, in a recent email interview. "AI is a sophisticated software layer that emulates the very capabilities of human intelligence, while quantum computing is assembling the very building blocks of the universe to create a computing substrate," he explains. "We're pushing computing both into the realm of the mind and the realm of the sub-atomic."

The transition to quantum AI won't be optional, Ors warns, since current AI is fundamentally flawed due to excessive energy costs. New models and methods will be needed to lower energy demands and to make AI feasible in the long term. "Early adopters of quantum AI will get a competitive advantage and will survive, as opposed to those that do not adopt or adopt it too late."

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Quantum Computing and AI: A Perfect Match? - InformationWeek

Riverlane, the company making quantum computing useful far sooner than anticipated – Maddyness

You have recently been selected to the Tech Nations Future Fifty programme. What are your expectations and how does it feel to be identified as a future unicorn?

Were delighted to have been selected as the sole representative of a rich and diverse UK quantum tech industry. The quantum computing marketing is expected to grow to $28-72B over the next decade so I expect many unicorns to emerge, and we certainly hope to be one of them. Tech Nation has an excellent track record of picking and supporting high-growth leaders. Were excited to make the most of the opportunities the programme offers.

Quantum computing is an amazing idea the ability to harness the power of the atom to perform computation will transform many industries. Back in 2016, I was a research fellow at the University of Cambridge, and at that time, the majority view was that building a useful quantum computer wouldn't be possible in our lifetime - it was simply too big and too hard a problem. I disagreed but needed to validate this. By meeting with teams building quantum computers, I saw an amazing rate of progress a 'Moore's Law' of quantum computing with a doubling in power every two years, just like classical computers have done. That was the catalyst moment for me, and it became clear that if that trend continued, the next big problem would be quantum error correction. I founded Riverlane to make useful quantum computers a reality sooner!

Were building a technology called the quantum error correction stack, which corrects errors in quantum computers. Todays quantum computers can only perform a thousand or so operations before they fail under the weight of these errors. Quantum error correction technology will ultimately enable trillions of error-free operations, unlocking their full and transformative potential.

Implementing quantum error correction to achieve this milestone requires specialised knowledge of quantum science, engineering, software development and chip manufacturing. That makes quantum error correction systems difficult for each quantum computer maker to develop independently. Our strategy is not dissimilar to NVIDIA in providing a core enabling technology for an entirely new computing category.

When Riverlane was founded in 2016, there was a lot of focus on developing software applications to solve novel problems on small-scale quantum computers, a phase known as the noisy intermediate-scale quantum (NISQ) era. However, after the limits of NISQ became apparent due to considerable error rates hindering calculations, the industry shifted focus to building large and reliable quantum computers that could overcome the error problem

This is something weve been working on from the start through the invention of our quantum error correction stack but were now doubling down on its development to meet this growing demand from the industry. An important part to this has been scaling our team to nearly 100 people across our two offices in Cambridge (UK) and Boston (US) - two world-leading centres for quantum computing research and development.

Its a common misconception that you need a PhD in quantum physics or computer science to work in our field. The reality is we need people with a wide range of skills and from the broadest possible mix of backgrounds and demographics. Collectively, were a group that loves tackling hard and complex problems if not the hardest! This requires a culture that blends extremes of creativity, curiosity, problem-solving and analytical skills, plus an alchemy of driving urgency and zen like patience. Im also proud of the extraordinary openness and diversity of our team, including a healthy gender mix in a field where this is the exception not the norm.

Ive been fascinated with quantum physics since I was a student. Back then, the idea of building a computer that applied the unique properties of subatomic particles into computers to transform our understanding of nature and the universe was pure science fiction. Building a company that is now achieving this feels almost miraculous. Building a company with the right mix of skills and shared focus to do far faster than previously imaginable is brutally tricky and joyously rewarding in equal parts

Last September, we launched the worlds first quantum error correction chip. As the quantum computing industry develops, these chips will get better and better, faster and faster. Theyll ultimately enable the quantum industry to scale beyond its current limitations to achieve its full potential to solve currently impossible problems in areas like healthcare, climate science and chemistry. At a recent quantum conference, someone stood up and said quantum computing will be bigger than fire. I wouldnt go quite that far! But theyll unlock a fundamental new era of human knowledge and thats super exciting.

Have a bold and ambitious vision thats underpinned by a proven insight and data. In my case, it was that the presumption that a quantum computer was simply too hard to ever build could be disproven and overcome. Once you have this, be ready to learn fast and pivot fast in your tactics but never lose sight of your goal.

I spend at least a third of my time travelling. Meeting global leaders in our field face to face to hear their ideas, track their progress and build partnerships is priceless. When Im home, Im lucky enough to live about a mile from our office in Cambridge. No matter the weather, I walk to and from work every day. Cambridge is a beautiful place - the thinking time and fresh air give me energy and a calm headspace.

Steve Brierley is the CEO of Riverlane.

Tech Nations Future Fifty Programmeis designed to support late-stage companies with access and growth opportunities, the programme has supported some of the UKs most prominent unicorns, including Monzo, Darktrace, Revolut, Starling, Skyscanner and Deliveroo.

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Riverlane, the company making quantum computing useful far sooner than anticipated - Maddyness