Archive for the ‘Quantum Computing’ Category

A Closer Look at LightSolver’s Laser-based Processing Unit (LPU … – All About Circuits

Emerging computing technologies continue to push the boundaries of speed, efficiency, and problem-solving abilities. Among these advancements, laser-based processing units (LPUs) have emerged as promising candidates for accelerating computation in optimization and simulation tasks. By harnessing the unique properties of light, LPUs offer an alternative to traditional processors, paving the way for innovations in various industries.

With their optical architecture, LPUs tap intocoherence, interference, and parallelism to perform computations, allowing them to process various computational elements simultaneously. As a result, LPUs have the potential for remarkable acceleration and efficiency.

In this article, we delveinto the development of the so-called firstpure laser-based processing unit (LPU) by Israeli startupLightSolver. We also share insights from our interview with Chene Tradonsky, CTO and co-founder at LightSolver. The company believes its processors hold immense potential for tackling complex optimization problems across diverse domains, from logistics and finance to energy and manufacturing.

Tradonsky says that his doctoral on coupled laser arrays inspired the LightSolvers optical system, which uses similar physical principles. But theres more to it than that. LightSolver also draws on other paradigms of optical computing and advanced mathematical abstractions, he says. This enables us to apply our optical device to real world problems and solve them."

At the core of LPUs is their optical architecture, consisting of components such as lasers, beam splitters, modulators, and photodetectors. Together, these componentsmanipulateand control laser beams for computational purposes. They also rely on optical interconnects (high-speed optical channels) to facilitate efficient communication and data transfer within the processing unit.

LPUs leverage various properties of lasers for efficiency and high performance. One of those properties is coherence, the property of light waves in synchronization. The lasers used in LPUs demonstrate coherence, which enables them to perform multiple operations simultaneously. Another crucial property is interference, which occurs when lights interact. By carefully controlling the interference patterns, LPUs can perform computations efficiently.

Photonic memory is another essential part of the LPU. It provides high-speed access to information. With their fast and reliable data retrieval,LPUs can quickly access and manipulate large datasets.

In most cases, LPUs draw inspiration from quantum computing techniques, such as quantum annealing and the Ising model. Quantum annealing involves gradually transitioning a physical system, represented by qubits, to a low-energy state that corresponds to the optimal solution of aproblem. LPUs conductthe same process with optical components to efficiently search for near-optimal results among a vast set of possibilities.

LightSolver recently introduced a pure LPUclaimed to outperform classical computers as well as quantum and supercomputers. The company's quantum-inspired solution uses all-optical coupled lasers and does not require any electronics for computation. This solution is specificallydesigned forbusinesses that require solutions for complex multivariable challenges.

Solving complex optimization problems is quite challenging and requires significant computational power. Although supercomputers and quantum computers have historically beenthe preferred choice for these types of applications, supercomputers are reaching performance limits, and quantum computers are not scalable and practical.

LightSolver's LPU works by first converting a problem into a physical logic, which is then mapped as obstacles within the optical path. Due to the properties of lasers, like coherence and interference, the beams converge in a desired solution. After finding and measuring the optimized solution, it is translated into a suitable language for the user.

Interestingly, Tradonsky says that how he positions the working principles of the LPU depends on who the expert is using the technology. For complex systems experts, we can generate an array of coupled oscillators with any type of connectivity to simulate the behavior of any other complex systems and find optimal configurations, he says.

For lasers and optics experts, LightSolver uses what we call laser bits, turning optimization problem constraints into the lasers' relative phases, which interact by diffracting light from each laser to all others in a controllable manner, says Tradonsky. This means we can generate a programmable large array of coupled lasers fully connected via integrated electro optical elements.

Beyond all those "secret sauce" working principles of the LPU, he says that LightSolver makes use of off-the-shelf Spatial Light Modulators (SLMs). Theseenable the manipulation of light waves and control the spatial properties of light such as wavelength, light intensity, and so on.

In three recent trials testing the performance and accuracy of the new LPU, the device showed promise against its supercomputing and quantum computing counterparts in the following ways:

According to Tradonsky,the Tel-Aviv-based company's technology can solve optimization problems by converting business challenges into mathematical formulations, such as Ising models. However, it is not limited to binary models and can implement other models. He adds that,unlike quantum technology, LightSolver's device is portable, operates at room temperature, and is not affected by environmental factors or error correction protocols. Scaling is also a big differentiator.

The scaling ability of the LPU is far superior to alternatives. Unlike in quantum computers, where each logical qubit is typically represented by several physical qubits, the LPU represents each variable with a single laser spin."

This characteristic of the LPU facilitates scalability, as the number of variables can be increased without the need for a proportional increase in physical resources, saysTradonsky. When it comes to supercomputers, solutions are poor in quality, and the time-to-solution increases exponentially with the problem size. In contrast, thanks to LightSolvers use of continuous laser technology, optimization problems can be solved orders of magnitude faster than other current techniques.

On the question of whether his LPU technolgy is a direct competitor to classical and quantum computing, Tradonsky's answer is nuanced. "We consider LightSolvers LPU mainly as a direct competitor in certain computing tasks," he says.

"The LPU is highly specialized and can perform significantly better on a specific class of problems known as QUBO (Quadratic Unconstrained Binary Optimization) problems. The LPU can also operate as a complementary solution to classical and quantum computers positioned before (pre-processing) or after (post-processing) these computers to enhance their performance and maximize efficiency."

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3 Quantum Computing Stocks That Could Skyrocket in the Next 12 Months – InvestorPlace

Source: Boykov / Shutterstock.com

Sometimes, what appears to be the most boring, can be the most rewarding. Look at the assortment of quantum computing stocks, which rely on quantum computing technology to solve complex calculations at ultra-high speeds.

Just last year, for example, a team of Australian researchers proved that near-error-free quantum computing is possible, which could help the world solve extremely complex problems in just seconds. When the errors are so rare, it becomes possible to detect them and correct them when they occur. This shows that it is possible to build quantum computers that have enough scale, and enough power, to handle meaningful computation, they found.

That may sound boring. But its also proven itself to be extremely profitable. Here are three quantum computing stocks I think are worth buying to play this trend.

Source: Shutterstock

The last time I mentioned quantum computing stocks to buy, IonQ(NYSE:IONQ) traded at $4.56 on March 13. Today, its up to $9.84 and still running. For one, its working with Amazon (NASDAQ:AMZN) to bring the 25 qubits IonQ Aria to the Amazon Braket, or the Amazon Web Service for quantum computing. This means Amazon can now work on developing software and services on IonQ computers more easily than before.

Also, in the first quarter of 2023, the company saw revenue of $4.3 million, which was well above the $2 million posted year over year. It also saw $4.1 million in new bookings in the quarter. While it did post a loss of $27.3 million, it does have $525.5 million in cash and investments to keep it afloat.

Source: Shutterstock

On March 13, I also mentioned an opportunity in quantum computing stocks to buy, the Defiance Quantum ETF (NYSEARCA:QTUM). At the time, it traded at $44.30. Now, its up to nearly $49 per share, and could see higher highs. With an expense ratio of 0.4%, the ETF provides exposure to companies at the forefront of cloud computing, quantum computing, machine learning, and other transformative computing technologies, at a relatively low cost.

Some of its top holdings includeWipro Ltd.(NYSE:WIT),Accenture PLC(NYSE:ACN),IBM(NYSE:IBM),Micron Technology(NASDAQ:MU),Nokia Corp.(NYSE:NOK), andON Semiconductor Corp.(NASDAQ:ON). If you were to buy each of these stocks individually, it would cost far more than the $49 price tag on the ETF.

Source: Poetra.RH / Shutterstock.com

Nvidia(NASDAQ:NVDA) was another top pick on March 13. At the time, the tech stock traded at just $229.65. Today, its up to about $400 a share and could see higher highs. This is all thanks to hype around artificial intelligence, explosive earnings, gaming, and quantum computing to name a few catalyst. Impressively, when it comes to quantum computing, NVDA may be a leader here, too.

Remember, NVDA releasedcuQuantum,a software development kit (SDK) of optimized libraries and tools for accelerating quantum computing workflows. Also, with NVIDIA Tensor Core GPUs, developers can use cuQuantum to speed up quantum circuit simulations based on state vector and tensor network methods by orders of magnitude, as noted by the company.And as noted byInvestorPlacecontributorJoel Baglole, Without Nvidias technology, much of the improvements of quantum computing, AI, and other areas of science wouldnt be possible.

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

Ian Cooper, a contributor to InvestorPlace.com, has been analyzing stocks and options for web-based advisories since 1999.

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Haiqu Raises $4M in Pre-Seed Funding to Boost Adoption of Near-Term Quantum Computing – HPCwire

SAN FRANCISCO, June 6, 2023 Haiqu, a startup building software to enhance the performance of quantum processors, today announced it has closed a $4 million financing round led by MaC Venture Capital with participation from Toyota Ventures, SOMA capital, u.ventures, SID Venture Partners, and Roosh Ventures. The round also included private contributions from Paul Holland, Alexi Kirilenko, and Gordy Holterman.

We are accelerating the timeline to practical quantum computing by developing novel software that can extract value out of clumsy near-term quantum hardware, enabling quantum applications that were previously impossible, said Richard Givhan, co-founder and CEO at Haiqu. We are proud to be backed by investors with remarkable deep-tech ecosystems and a track record of supporting the commercialization of breakthrough tech.

The investment will drive the companys research and development efforts and the establishment of strategic partnerships to bring their product to market.

MaC is thrilled to be supporting Haiqu through their next stage of growth, said Adrian Fenty, Managing General Partner at MaC Venture Capital. We firmly believe that the future of quantum computing will fundamentally change the way we are able to solve meaningful problems. We hold deep convictions that Richard and Mykola are uniquely positioned to tackle these issues in order to accelerate the timeline that will enable quantum to get to widespread commercial adoption.

Jim Adler, founder and general partner at Toyota Ventures, commented, Haiqu caught our attention with their optimization software that boosts quantum hardware to solve practical industry problems. We are so thrilled to support the Haiqu team as they tackle this challenging and exciting frontier.

The startup was formed and incubated in the fall of 2022 within the Creative Destruction Lab Quantum stream in Toronto by Richard Givhan (CEO), a Stanford alumus and former EIR at Mitsubishi Electric, and Mykola Maksymenko (CTO), formerly a researcher at the Max Planck Society and the Weizmann Institute of Science and head of R&D at global consultancy SoftServe Inc.

Haiqu addresses the foundational bottlenecks precluding the adoption of quantum applications: a limited number of qubits and the high noise sensitivity of near-term quantum processors. The startup develops platform-agnostic technology that extends quantum hardware capability by orders of magnitude and enables a broader set of practical use-cases in finance, chemistry, life sciences, mobility and other domains.

We leverage our expertise in quantum complexity, AI, and high-performance computing to create a product that we believe can streamline the entire industry, said Mykola Maksymenko, co-founder and CTO at Haiqu. With past experience in building and scaling deep tech R&D in large corporations, we appreciate the challenges of bringing a complex technology to market. We are eager to get our tech into the hands of users as soon as possible.

Having started as a remote collaboration of co-founders, Haiqu is growing globally via a distributed team spanning the United States, Ukraine, Canada, Germany, and Switzerland. Given the scarcity of quantum talent, this provides the startup access to some of the worlds leading talent pools in quantum and software engineering.

About Haiqu Inc.

Haiqu Inc. is a quantum computing software startup focused on developing enabling technology enhancing the performance of modern quantum hardware. Their software addresses the adoption bottlenecks precluding scalable quantum applications and enables a broader set of practical use-cases in finance, life sciences, mobility and other domains. For more information, please visit http://www.haiqu.ai.

Source: Haiqu

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Haiqu Raises $4M in Pre-Seed Funding to Boost Adoption of Near-Term Quantum Computing - HPCwire

Automotive Quantum Computing Market to hit $3.5 Bn by 2032, Says … – GlobeNewswire

Selbyville, Delaware, June 04, 2023 (GLOBE NEWSWIRE) --

Automotive Quantum Computing Market is expected to cross a valuation of USD 3.5 billion by 2032, according to latest research report by Global Market Insights Inc.

The growing deployment of advanced battery management in electric as well as hybrid vehicles for improving the battery performance and lifespan will influence the market growth. Of late, the industry demand has gained immense ground as it helps in developing more advanced battery management systems for enhanced monitoring and controlling of battery performance while extending battery life in all-electric and hybrid applications. However, the higher costs of developing and integrating new automotive solutions may limit the market growth.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/5777

Rising preference for on-premise computing

The automotive quantum computing market from the on-premise segment is poised to witness over 30% CAGR from 2023-2032. The growth can be attributed to the higher availability of customized solutions and the increasing affordability of quantum computing in the automotive sector. The ongoing developments in quantum computing technology has spurred the profitability of local solutions in automotive companies. The growing popularity of on-premise computing in large organizations that require more manpower and resources for investing in internal areas will also add to the segment growth.

Robust adoption in autonomous driving

The industry size from autonomous driving applications is estimated to record more than 40% growth rate from 2023-2032 due to the surging need for improved safety worldwide. Automotive computing can be touted as an integral part of autonomous driving as it offers processing power and algorithms required for interpreting the sensor data for making realistic driving decisions. The increasing prominence of this technology for improving road safety and limiting accidents caused by human error will also drive the business development.

Europe to emerge as a major market

Europe automotive quantum computing industry size may cross USD 1 billion by 2032. The growth can be attributed to the strong presence of multiple car companies and government officials for supporting the development of quantum computing in the region. For instance, the European Union introduced the Quantum Flagship program in a bid to introduce quantum technologies. The surging number of investments for helping companies to develop novel solutions for automotive development and cybersecurity will further accelerate the market trends.

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Automotive Quantum Computing Industry Competitive Landscape

Some of the prominent automotive quantum computing market participants include QC Ware Forge, Amazon Web Services, Inc.,D-Wave Systems Inc. , PASQAL ,PsiQuantum, Fujitsu Limited, Huawei Technologies Co., Ltd. , Google LLC, IonQ, ISARA Corporation , Microsoft Corporation, Q-CTRL , QpiAI Tech, Rigetti Computing, Inc., and Strangeworks, Inc. These firms are coming up with innovative strategies to widen their global presence. For instance, Zapata Computing, in August 2021, launched Orquestra, its new quantum computing software platform to assist researchers and developers in developing and testing quantum computing algorithms for several applications, including cars.

Partial Table of Contents (ToC) of the report:

Chapter 2Executive Summary 2.1 Automotive quantum computing market 360 synopsis, 2018 - 2032 2.2 Business trends 2.2.1 Total Addressable Market (TAM) 2.3 Regional trends 2.4 Component trends 2.5 Deployment trends 2.6 Application trends 2.7 Stakeholder type trends Chapter 3Automotive Quantum Computing Market Insights 3.1 Impact on COVID-19 3.2 Russia- Ukraine war impact 3.3 Industry ecosystem analysis 3.4 Vendor matrix 3.5 Profit margin analysis 3.6 Technology & innovation landscape 3.7 Patent analysis 3.8 Key news and initiatives 3.9 Regulatory landscape 3.10 Impact forces 3.10.1 Growth drivers 3.10.1.1 Increasing government investments in quantum research 3.10.1.2 Advancements in autonomous vehicle technology 3.10.1.3 Growing demand for electric and hybrid vehicles 3.10.1.4 Increasing complexity of automotive systems 3.10.2 Industry pitfalls & challenges 3.10.2.1 High cost of quantum computing hardware and software 3.10.2.2 Technical complexity 3.11 Growth potential analysis 3.12 Porters analysis 3.13 PESTEL analysis

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About Global Market Insights Inc.

Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.

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Congressional Hearing on U.S. National Quantum Initiative … – HPCwire

On Wednesday of this week the House Science Committee will hold a hearing as part of the reauthorization effort for the U.S. National Quantum Initiative Act passed in 2018. In recent years, the global race to achieve quantum computing has reached what sometimes feels like a fever pitch as nations and regions ramp up quantum spending and development. The NQIAs initial authorization runs through September 2023.

Frank Lucas (R-OK) is the chair of the House Science Committee, which is gathering information as part of the reauthorization process. The recent CHIPS Act had already made some modifications and additions to NQIA; for example, the creation of nine microfabrication hubs as part of the Microelectronics Commons (MEC) program. Given the current wrangling over budget issues, its not clear whether changes will be considered.

Last week, theNational Quantum Initiative Advisory Committee (NQIAC)weighed in by publishing its first independent assessment of the National Quantum Initiative (NQI) program. Perhaps not surprisingly, the report calls for reauthorizing NQIA for at least another five years.

Heres are the overarching recommendations excerpted from the report:

The devil, of course, is in the details. This new phase will necessitate a ramp up of investments in fundamental research across engineering, systems integration, software, and applications discovery in order to mature and scale quantum systems into relevant technologies, reads the report. The NQIAC has developed nine detailed recommendations for achieving these objectives, described in the following sections. To summarize, they are: 1. Reauthorize and appropriate the NQI Act; 2. Expand research; 3. Fund industry-led partnerships; 4. Invest in equipment and infrastructure; 5. Promote international cooperation;6. Promote and protect U.S. QIST R&D; 7. Strengthen supply chains; 8. Develop domestic talent; and 9. Attract and retain foreign talent.

Scheduled speakers at Wednesdays hearing include:

As HPCwire has reported in the past, the U.S. NQIA is a complicated $2B-plus effort. One of its centerpieces was the creation of five QIS research centers, based at Department of Energy national laboratories. The centers are charged with advancing QIS (quantum information science) research, collaborating with industry, and helping to develop the workforce required to sustain QIS writ large. On the commercial side, the creation of the Quantum Economic Development Consortium (QED-C) was also called for by NQIA, and it is broadly being overseen by NIST. QED-Cs mission to provide a forum for industry to look at uses cases, standards, best practices, etc.

If youre a quantum watcher, you know there are similar efforts around the world. Just this year, the U.K issued its own 2.5B, 10-yearnational quantum strategy. China, the EU, Japan, and others have all joined the quantum race. At ISC23 last week, quantum computing advocates outlined many of Europes rapidly expanding plans, which are being overseen as part of the EuroHPC Joint Undertaking (EuroHPC JU).

In Estela Suarezs closing keynote (presented with Thomas Sterling), she noted, There is a huge investment in Europe in the integration of quantum computing and HPC. What you see here (slide below) are some of the [planned] installations. [They] will be in different cities and will all be federated with each other. Different sites will have different quantum technologies, by federating them all together, a user can try different kinds of machines and find out which users are more suitable for which kind of technologies. In parallel to that, there is a research agendathat has very aggressive very in the targets for the 2030 timeframe.

The race to achieve practical quantum computing is in full-force worldwide despite the many technical hurdles remaining. In light of the recent budget deal to avoid a U.S. government shutdown, it will be interesting to monitor what is eventually added (or removed) in NQIAs reauthorization.

Link to live webcast of the Congressional hearing scheduled to begin at 10 am on Wednesday, https://science.house.gov/hearings?ContentRecord_id=7684AFE7-D1EB-4079-B9A8-3941F0CCAF24

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Congressional Hearing on U.S. National Quantum Initiative ... - HPCwire