More on our Medium
European quantum startup to deliver continued developments in quantum and quantum-inspired algorithms and AI with a funding round led by Columbus VC and Quantonation VC. Series A round led by Columbus Venture Partners and Quantonation Largest quantum software financing round Funds will fuel the development of Singularity and CompactifAI, enabling quantum computing applications across industries
La startup cuántica europea seguirá desarrollando algoritmos cuánticos y de inspiración cuántica e IA en una ronda de financiación liderada por Columbus Venture Partners y Quantonation Ventures. • Serie A liderada por Columbus Venture Partners y Quantonation Ventures • La mayor ronda de financiación de software cuántico • Los fondos impulsarán el desarrollo de los productos Singularity y CompactifAI, permitiendo aplicaciones de computación cuántica en multiples sectores
Quantum software company recognized as the European scale-up with the most potential to reach $1 billion in value by digital transformation industry group
BasqueFIK estará presidido por Jon Ander de las Fuentes (Artizarra Fundazioa) y Fernando del Hoyo (Kutxabak) será vicepresidente. El grupo promotor está compuesto por entidades principalmente privadas, si bien, el Gobierno Vasco mantiene su representación en el clúster, a través de Gestión Capital Riesgo (Grupo SPRI) y el Instituto Vasco de Finanzas, y la Diputación Foral de Bizkaia, a través de Seed Capital Bizkaia. El resto de entidades promotoras de carácter privado son ABE capital partners SGEIC, Elkargi, Federación de entidades de Previsión Social Voluntaria de Euskadi, Fundación BBK, Garrigues, IKEI Research & Consultancy, Kaizaharra Corporacion Empresarial, Kutxabank, Laboral Kutxa, Multiverse Computing, Norgestion S.A, SANTANDER, Sociedad Rectora de la Bolsa de Valores de Bilbao, S.A.U., Artizarra Fundazioa y Tecnalia Ventures.
Quant Strats 2024 will take place on March 12 at the Quorum by Convene, New York. For more information download the agenda below. What has been you /your firm’s top 3 priorities for the coming year? Our top 3 priorities are: To transition from a services based business model to SaaS; To sell 100 licenses To release our new product for Large Language Models: CompactifAI
$1.4 million hardware and software contracts to focus on improving superconducting single photon detectors, a building block of quantum communications
Large language models like ChatGPT have revolutionized content creation. From writing code to offering nuanced, human-like conversations through customer service chatbots, businesses are now able to generate personalized content using foundation models trained on tens of billions of words.
El proyecto ONTZHi ‘Tecnologías Claves para el Almacenamiento y Transporte (A&T) de Hidrógeno’ anunció su inicio, “con el objetivo avanzar en la seguridad, eficiencia y sostenibilidad del almacenamiento y transporte de hidrógeno”, según informaron fuentes del consorcio en un comunicado de prensa. Con una duración total de dos años y apoyado por el Programa Elkartek 2023 del Gobierno Vasco esta iniciativa se centra en abordar los desafíos actuales asociados con el hidrógeno como vector energético.
Multiverse Computing, Europe’s largest quantum and quantum-inspired software AI company, set up its UK presence in early 2023. As a UK company, it has already won projects to collaborate with global names like Moody’s UK as part of Innovate UK’s Quantum Catalyst Fund.
Quantum software company makes shortlist of 10 most promising European tech scale-ups with potential to become billion-dollar companies.
The quantum community has a reason to celebrate some important milestones in 2023, while looking ahead with a mix of optimism and even a little concern. Here’s a collection of reflections of 2023 and predictions for 2024 contributed by some of the ecosystem’s best known experts and thought leaders, including officials from Quantinuum, Terra Quantum, IQM Computers, Keysight and D-Wave.
The convergence of quantum computing and artificial intelligence (AI) has sparked a new era of technological advancements. Quantum computing, with its ability to harness the principles of quantum mechanics, introduces a paradigm shift in computational power and problem-solving capabilities. With the global market projected to reach a staggering value of USD 4,375 Million by 2028, growing at an impressive compound annual growth rate (CAGR) of 38.3%, the impact of quantum computing on AI cannot be overstated. This article explores quantum computing, its expected impact on AI, and its potential to drive progressive developments across diverse industries.
Moody’s Analytics risk experts to provide quantum solutions for machine learning, optimization and pricing, and simulation problems via Software-as-a-Service
The digital twin project, from Multiverse Computing, uses quantum algorithms to optimize hydrogen production
SAN SEBASTIAN, Spain, Nov. 29, 2023 — Multiverse Computing, a global leader in value-based quantum computing and machine learning solutions, has used a digital twin and quantum optimization to boost the efficiency of green hydrogen production. This work could change the economics of hydrogen production and reduce a significant source of greenhouse gas.
Leveraging quantum-inspired tensor networks, the CompactifAI compressor can also accelerate AI data training and enable new portable use cases for LLMs
Quantum technologies are among the least widely understood, yet most promising advancements set to disrupt business and industries in the coming years.
Climate change is here, but tech could help us adapt
While France’s high-tech cheerleading can sometimes strike a nationalistic tone, it is not taking an isolationist approach to quantum computing. French researchers formed a coalition with their quantum colleagues across Europe to apply for money from the EU’s Quantum Flagship programme. That has already led one of Germany’s national supercomputing centres JUWELS to purchase PASQAL’s technology. “Participating in European projects allows for greater ambition,” Mehr says, “because we then receive co-funding from Europe. But it's also a good way for us to expose these French devices to European research and industrial communities. That makes things a bit more collaborative.” Spain’s Multiverse Computing, which is developing quantum computing software, and Finland’s IQM have also opened offices in Paris. That makes them eligible for support under the French quantum plan.
GPT-4, PaLM, Claude, Bard, LaMDA, LLaMA, Chinchilla, Sparrow – the list of large-language models on the market continues to grow. But behind their remarkable capabilities, users are discovering substantial costs. While LLMs offer tremendous potential, understanding their economic implications is crucial for businesses and individuals considering their adoption.