Archive for the ‘Quantum Computing’ Category

Preparing for the Jobs of the Future: The Coding School and MIT Physicists Are Making Quantum Computing Accessible to High School Students This Summer…

LOS ANGELES, June 4, 2020 /PRNewswire/ --Quantum computinghas the potential to change the world, transforming fields such as artificial intelligence, medicine, and cybersecurity. Despite its growing importance, quantum is rarely taught to university students, let alone high school students.MIT researchers and The Coding School are changing that by offering a first-of-its-kind virtual quantum computing camp this summer to high school and first-year university students.

The goal of the camp is for students to develop foundational knowledge of quantum physics and practical skills in quantum computation. By the end of the camp, students learn how to program a quantum computer and run quantum circuits such as teleporting quantum information. Students globally can apply here.

The camp is led by Amir Karamlou, a graduate research fellow and instructor for MIT's Introduction to Quantum Computing. His research focuses on experimental quantum computation using superconducting qubits. Other instructors include Bharath Kannan, a PhD student researching microwave quantum optics, and Grecia Castelazo, studying Physics and Math at MIT.

"Today, we're at the dawn of a new era in computing technology. You don't need an advanced degree in physics to explore quantum computing. Over the next decade, quantum is likely to revolutionize the world in the same way the modern computer did in the mid-20th century. Students who develop knowledge in quantum now will be prepared for this world-altering technological movement," explained Karamlou.

The camp is part of a larger quantum initiative by The Coding School'scodeConnects program, a leading tech education nonprofit. Fall 2020, The Coding School will offer an unprecedented year-long quantum course for high school students. The virtual course is being led by Francisca Vasconcelos, a Rhodes Scholar and MIT graduate.

The Coding School is dedicated to ensuring computer science education is accessible, supportive, and empowering. Pioneering high-quality online, live coding education since 2017, they've taught over 70,000 hours of coding instruction to students nationwide and across 40 countries.

"To ensure long-term employability and social mobility, it's critical to look forward to the tech skills of the future and prepare students with those now. Quantum computation is one of those skills. We're proud at The Coding School to be paving the way in equipping the next generation by making quantum education accessible for all," remarked Kiera Peltz, founder of The Coding School.

To ensure accessibility, scholarships are available to students with financial need and who have been significantly affected by COVID-19, including if a parent has lost a job or is an essential worker.

Besides quantum computing, The Coding School offers other virtual camps for students grades 3-12 including a TechTaster, Music+Tech, and CreativeTech. For more personalized instruction, they offer one-on-one coding lessonsin 18 specialized curriculums, including AI and Cybersecurity.

Learn more: http://www.codeconnects.org/summercamps+ [emailprotected].

Media Contact: Abeer Dhanani(323) 790-9992[emailprotected]

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amir-karamlou.jpg Amir Karamlou Amir Karamlou, who is leading The Coding School's Quantum Computing Summer Camp, is a graduate fellow and instructor at MIT.

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codeConnects Quantum Computing Camp Registration

codeConnects Quantum Computing Camp Learn More

SOURCE The Coding School's codeConnects Initiative

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Preparing for the Jobs of the Future: The Coding School and MIT Physicists Are Making Quantum Computing Accessible to High School Students This Summer...

Top Artificial Intelligence Investments and Funding in May 2020 – Analytics Insight

The startup scenario is being changed by bringing in investment and deal activity around intelligent automation and artificial intelligence, big data and machine learning. The data plainly demonstrates that new businesses that had AI as a core product are creating narrow AI tech packed away with the heaviest investment from leading VC firms and investors who are putting vigorously in deep tech startups in big data, enterprise AI and automation. It likewise underscores a great part of the financing going on in domain explicit breakthrough innovations, and not broadly useful AI tech.

Investment funds, venture capital (VC) firms and corporate financial specialists are venturing up equity investments in artificial intelligence (AI) start-ups, mirroring a developing worldwide interest for AI advances and their business applications.

The aggregate sum contributed and the worldwide number of deals has expanded enormously since 2011, yet wide varieties in investment profiles develop among nations and areas.

Lets look at some of the top AI investments which took place in the month of May 2020.

Runa Capital has closed its third investment fund with $157 million to back startups in deep tech areas such as artificial intelligence and quantum computing. The firm said Runa Capital Fund III surpassed its target of $135 million. The new capital will allow the company to continue its strategy of making investments that range between $1 million and $10 million in early-stage companies.

Cybersecurity threat remediation provider Dtex recently announced it has raised $17.5 million. The funds will be used to expand into new and existing verticals, including banking and financial services, critical infrastructure, government, defense, pharmaceuticals, life sciences, and manufacturing.

GigaSpaces, a startup developing in-memory computing solutions for AI and machine learning workloads, last month announced it has raised $12 million. The funds will be used to scale expansion and accelerate product R&D, according to CEO Adi Paz. Fortissimo Capital led the investment in three-year-old, New York-based GigaSpaces, joined by existing investors Claridge Israel and BRM Group. The round brings GigaSpaces total raised to $53 million, following a $20 million series D in January 2016.

Omilia, a startup developing natural language technologies, today announced it raised $20 million in its first ever financing round. Founder and CEO Dimitris Vassos says the capital will help strengthen Omilias go-to-market efforts as it eyes expansion in North America and Western Europe. Omilias product portfolio spans a conversational platform and solutions targeting voice biometrics, speech recognition, and fraud prevention.

Logistics startup DispatchTrack announced it raised $144 million in the companys first-ever financing round. CEO Satish Natarajan says it will be used to support product research and development, as well as business, segment, and geographic expansion. DispatchTrack was founded in 2010 by Satish Natarajan and Shailu Satish, a husband-and-wife team who focused on the furniture industry before expanding into building materials, appliances, food and beverage distribution, restaurants, field and home services, and third-party logistics.

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Analytics Insight is an influential platform dedicated to insights, trends, and opinions from the world of data-driven technologies. It monitors developments, recognition, and achievements made by Artificial Intelligence, Big Data and Analytics companies across the globe.

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Top Artificial Intelligence Investments and Funding in May 2020 - Analytics Insight

India and Australia pump $12.7 million into AI, quantum computing and robotics renewing their cyber and crit – Business Insider India

Maybe the next time can have hologram of your excellency, here in Australia You have always been a pioneer in the area of technology for India, and today is another good example of that, Australian Prime Minister Scott Morrison told Indias Prime Minister Narendra Modi during the virtual summit interaction.

The new four-year agreement includes a corpus of $12.7 million to fund research and development for Indian and Australian businesses and researchers that will help both countries improve their cyber resilience.

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She explained that the cyber and critical technology partnership ties into the countries' endeavour to create a cyber-resilient Indo-Pacific region that is open, free and rules-based.

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The two countries also plan on exploring the possibility of launching the Indian RuPay Card in Australia.

SEE ALSO:India and Australia sign defence deal to support a 'stable' and 'rules-based' Indo-Pacific region

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India and Australia pump $12.7 million into AI, quantum computing and robotics renewing their cyber and crit - Business Insider India

QCI Achieves Best-in-Class Performance with its Mukai Quantum-Ready Application Platform – Quantaneo, the Quantum Computing Source

These performance benefits eliminate one of the greatest obstacles to the development and adoption of quantum-ready applications, since up until now they have been slower than traditional methods running classically. The results show that Mukai provides better results than currently used software to solve complex optimization problems faced by nearly every major company and government agency worldwide.

While future quantum computers are expected to deliver even greater performance benefits, Mukai delivers today the best-known quality of results, time-to-solution, and diversity of solutions in a commercially available service. This superior capability enables business and government organizations to become quantum-ready today and realize immediate benefits from improved performance.

Optimization problems can occur in logistics routing, where timely delivery, reduced fuel consumption, and driver safety all come into play. Optimization solutions can significantly mitigate the impact to revenue or business operations posed by events such as flooding or power outages. Companies can leverage the robust and diverse solutions offered by Mukai to minimize disruptive high-impact events in real-time.

Optimization can also be achieved in R&D contexts like drug design, where better predicted protein folding can speed the design process, increase the efficacy of drugs, and guide the search for patient cohorts who might benefit. Optimization of business processes generated by solvers like Mukai can result in savings of hundreds of billions of dollars annually.

The technical study used MITs MQlib, a well-established combinatorial optimization benchmark, to compare QCI qbsolv performance with those of a variety of solvers. QCI qbsolv delivered better quality or energy of results for most problems (27 of 45) and often ran more than four times faster than the best MQlib solver (21 of 45 problems).

In terms of diversity of resultsfinding, for example, logistics routes that are quite different from each otherQCI qbsolv often found dozens of binary results that were different in more than 350 different positions (i.e., route segments). Known also to researchers as Hamming distance, diversity of results is another important advantage expected of quantum computing.

The paper, QCI Qbsolv Delivers Strong Classical Performance for Quantum-Ready Formulation, describes the full results and discusses their impact, and is available at arxiv.org/abs/2005.11294

These results demonstrate that Mukai-powered applications can exploit quantum computing concepts to solve real-world problems effectively using classical computers, noted QCI CTO, Mike Booth. More importantly, the quality, speed, and diversity of solutions offered by Mukai means government and corporate organizations can use Mukai to adopt quantum-ready approaches today without sacrificing performance. Mukai is also hardware-agnostic, enabling adopters to exploit whichever hardware delivers the quantum advantage. Were confident that leading companies can leverage Mukai today to achieve a competitive advantage.

To be sure, we are very early in the quantum computing and software era, continued Booth. Just as the vectorizing compilers for Crays processors improved radically over time, we are planning to introduce further performance improvements to Mukai over the coming months. Some of these advancements will benefit application performance using classical computers as well as hybrid quantum-classical scenarios, but all will be essential to delivering the quantum advantage. We expect Mukai to play an integral role in the quantum computing landscape by enabling organizations to tap into quantum-inspired insights today to better answer their high-value problems.

The Mukai software execution platform for quantum computers enables users and application developers to solve complex discrete constrained-optimization problems that are at the heart of some of the most difficult computing challenges in industry, government and academia. This includes, for example, scheduling technicians, parts and tools for aircraft engine repair, or designing proteins for coronavirus vaccines and therapies.

QCI recently announced version 1.1 of Mukai, which introduced higher performance and greater ease-of-use for subject-matter experts who develop quantum-ready applications and need superior performance today. Local software connects users to the Mukai cloud service for solving extremely complex optimization problems. It enables developers to create and execute quantum-ready applications on classical computers today that are ready to run on the quantum computers of tomorrow when these systems achieve performance superiority.

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QCI Achieves Best-in-Class Performance with its Mukai Quantum-Ready Application Platform - Quantaneo, the Quantum Computing Source

Riverlane and Astex form quantum chemistry alliance – Business Weekly

Quantum computing software specialist Riverlane is collaborating with Cambridge neighbour and world-leading fragment-based drug discovery company Astex to demonstrate the future potential of quantum chemistry.

Riverlane builds ground-breaking software to unleash the power of quantum computers. Chemistry is a key application in which quantum computing can be of significant value, as high-level quantum chemistry calculations can be solved far faster than using classical methods.

World leaders in drug discovery and development, Astex Pharmaceuticals apply innovative solutions to treat cancer and diseases of the central nervous system.

The two companies are combining their expertise in quantum computing software and quantum chemistry applications to speed up drug development and move us closer to quantum advantage.

As part of the collaboration, Astex is funding a post-doctoral research scientist at Riverlane. They will apply very high levels of quantum theory to study the properties of covalent drugs, in which protein function is blocked by the formation of a specific chemical bond.

So far in this field of research, only empirical methods and relatively low levels of quantum theory have been applied. Riverlane will provide access to specialised quantum software to enable simulations of the target drug-protein complexes.

Dave Plant, Principal Research Scientist at Riverlane, said: This collaboration will produce newly enhanced quantum chemical calculations to drive efficiencies in the drug discovery process. It will hopefully lead to the next generation of quantum inspired pharmaceutical products.

Chris Murray, SVP of Discovery Technology at Astex added: "We are excited about the prospect of exploring quantum computing in drug discovery applications.

It offers the opportunity to deliver much more accurate calculations of the energetics associated with the interaction of drugs with biological molecules, leading to potential improvements in drug discovery productivity.

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Riverlane and Astex form quantum chemistry alliance - Business Weekly