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Multiverse Computing to build gesture recognition software for fighter pilots within the EPIIC European Defence Fund project with Airbus
Román Orús, Founder and Chief Scientific Officer of Multiverse Computing and Professor Ikerbasque at the DIPC, has been recognized for his extensive career in the field of quantum technologies, with relevant scientific contributions, a large number of patents and an unquestionable business impact.
A huge thank you to the LinkedIn team for this honor and for creating a platform that allows startups like ours to connect, grow, and thrive.
We were honored to welcome the Minister of Economy, Trade & Business of Spain, Carlos Cuerpo, to Multiverse Computing.
DONOSTIA-SAN SEBASTIÁN, Spain, Sept. 12, 2024 — Multiverse Computing, a global leader in value-based quantum and quantum-inspired AI software solutions, today announced it has been selected for the second cohort of the AWS Generative AI Accelerator.
La computación cuántica como respuesta a los grandes problemas de la IA generativa y LLM.
En el marco del reciente Encuentro de AMETIC en Santander, entrevista a Román Orús, cofundador y Director Científico de Multiverse Computing, y profesor en el Donostia International Physics Center (DIPC) desde InnovaSpain.
La ponencia se realizó el día 2 de la 38ª edición del AMETIC Encuentro de la Economía Digital y las Telecomunicaciones.
Román Orús, Chief Scientific Officer of Multiverse Computing has participated in AMETIC's roundtable: The Impact of Artificial Intelligence in Industry- Success Stories and Challenges.
Quantum and quantum-inspired algorithms matched or outperformed classical solutions for determining the quantity and placement of grid batteries.
Multiverse Computing won 800,000 hours on one of the world’s top-performing supercomputers in a bid to strengthen Europe’s technological sovereignty.
Luc Andrea, Engineering Director at Multiverse Computing, discusses AI models evolution, enabling LLMs on edge devices and Quantum-Inspired solutions.
Sam Mugel, Ph.D., is the CTO of Multiverse Computing, a global leader in developing value-driven quantum solutions for businesses.
His Majesty the King of Spain has presented the seventh edition of the “National SME of the Year Award”, organized by the Chamber of Commerce of Spain and the Santander Bank, which recognizes the work of small and medium-sized companies as generators of wealth and creators of employment in the performance of their daily work, which in this edition have fallen to Meltio, Ecoforest Geotermia, Multiverse Computing S.L., Vera (Gurbtec Iguana Telecom, S.L.) and Tresca Engineering.
The current resource-hogging generative AI technologies could run into a wall, prompting many companies to look for more efficient compute. Some are on the bleeding edge: See the “food for thought” item below. But others are already well underway on a number of fronts, such as Multiverse Computing, which is using quantum computing-inspired software for AI model training, as well as Efficient Compute, Neural Magic, Taalas and, not least, Groq, the current hot thing in chatbots thanks to its ultrafast language-optimized custom processor.
"The real idea was, OK, we have AI systems that are expensive to train — they are large and so on, and could we just prepare something that is not only smaller, because you have to fit the system somewhere, but also consumes less energy,” said Enrique Lizaso (pictured), co-founder and chief executive officer of Multiverse Computing. “We analyzed the problem and said, ‘Yes, this is a particular problem that fits into quantum computing.’ Then, at some point … somebody inside the company suggested, ‘OK, we have done that in the manufacturing line … can we apply that to LLMs?'"
By @roman Orus, co founder & CSO - EETimes As 2024 unfolds, the realm of quantum technology teems with anticipation, ready to open a new chapter of groundbreaking advancements. The past few years, especially 2023, were a prologue to what appears to be a pivotal year ahead. While I may not possess a crystal ball (I wish I did!), my immersion in the quantum domain allows me to sketch out the trends likely to shape the quantum landscape this year.
28 March 2024 - Brussels, Belgium -- Multiverse Computing, a global leader in value-based quantum computing solutions, today announced that it has been selected by the EIC Scaling Club as one of the highest-potential European deep-tech scale-ups poised to make a positive global impact.
Multiverse Computing and cybersecurity experts CounterCraft develop explainable AI model that can spot known and unknown attacks
El potencial de talento distribuido por todo el mundo y el peculiar idilio de La Palma con la física mundial convierten a nuestro país en un lugar especial para la cuántica, pero la planificación aún resulta errática.
Por Expansión 19 de Marzo 2024 Multiverse es la tercera empresa que más patento en 2023 en España
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.
Despite only being its 3rd edition, the QUANTUM MATTER international conference & expo (QUANTUMatter) has already become a reference event for communities involved in the study of quantum materials, quantum information and quantum technologies at large. This article reports on this meeting, which took place in Madrid, in June 2023, with 420 participants and keynote speakers from all areas of quantum technologies and quantum materials.
The French Ministry of Higher Education and Research has approved Multiverse Computing as an organization carrying out R&D activities in the cutting-edge field of quantum computing for private companies. Multiverse Computing is now included in the list of approved private research organizations at www.recherche.gouv.fr. The French Research Tax Credit (Crédit d’impôt recherche, CIR) is a general measure promoting the R&D efforts, irrespective of the sector or the size of the company, fostering innovation and technological advancements.
Quantum computing, the revolutionary technology that harnesses the principles of quantum mechanics to process information exponentially faster than classical computers, has emerged as one of the most promising fields of research in recent years. As nations worldwide vie for supremacy in this rapidly evolving industry, Spain has firmly established itself as a notable player in the quantum computing race. With a strong focus on research, significant government support, and a thriving private sector, Spain has positioned itself as a quantum hub in Europe.
Multiverse Computing, a global leader in value-based quantum computing solutions, announces a new partnership to deliver its cutting-edge quantum computing software to Tech Mahindra’s global customers. Tech Mahindra is a leading provider of digital transformation, consulting, and business engineering services and solutions. With this partnership, Tech Mahindra and Multiverse Computing will jointly develop a go-to-market strategy to serve global customers across sectors including finance, healthcare, logistics, manufacturing and government. The partnership will facilitate co-innovation and joint development in the quantum field and enhance the understanding of the technology by sharing pitch books and collaterals with end-customers.
Multiverse Computing, a global leader in value-based quantum computing solutions, announced a new partnership to deliver its cutting-edge quantum computing software to Tech Mahindra’s global customers. Tech Mahindra is a leading provider of digital transformation, consulting, and business engineering services and solutions. With this partnership, Tech Mahindra and Multiverse Computing will jointly develop a go-to-market strategy to serve global customers across sectors including finance, healthcare, logistics, manufacturing, and government. The partnership will facilitate co-innovation and joint development in the quantum field and enhance the understanding of the technology by sharing pitch books and collaterals with end customers.
The European Union (EU) stands on the leading edge of the quantum industry. This is one of the most promising industries of the future, with a projected market size of $106 billion by 2040. Yet its current global leadership position is under significant threat. As detailed by the European Quantum Industry Consortium (QuIC), the continued development and future competitiveness of the EU's quantum startups and scaleups are being imperiled by regulatory hurdles inherent in the financial models required by European funding institutions. These weaknesses jeopardize the unlocking of Europe's full quantum potential at a critical point in its evolution.
The first winners of a £15 million competition to explore the benefits of using quantum technologies in the government’s work across areas like health, transport and net zero have been announced today (7 September). The Quantum Catalyst Fund aims to accelerate the adoption of quantum solutions by the public sector and will ensure the UK government is well-placed to fully harness the benefits of using these technologies across a range of policy areas. Quantum technologies – one of the government’s five critical technologies – are devices and systems using quantum mechanics to provide capabilities that ‘classical’ machines like binary computers cannot.
The first winners of a £15 million competition to explore the benefits of using quantum technologies in the Government’s work across areas like health, transport and net zero have been announced today (7 September). The Quantum Catalyst Fund aims to accelerate the adoption of quantum solutions by the public sector and hopes to ensure the UK Government is well-placed to fully harness the benefits of using these technologies across a range of policy areas.
Multiverse Computing announces that we are official sponsors of the Osservatori Digital Innovation on Quantum Computing from the School of Management of Politecnico di Milano.
Our CIO 100 Award Winning Project Our submission to the CIO 100 showcased a proof-of-concept (POC) with vendors Protiviti and Multiverse Computing to help Ally develop computing capabilities that solve challenges using both classical and quantum computing power. Ally sees value in preparing to be ‘at the ready’ as quantum computing machines become more powerful. The project centered on financial index tracking, an essential application of portfolio optimization used by financial firms for asset management strategies or for creating and managing new financial products such as exchange-traded funds (ETFs). A POC is a smart choice for a team looking to invest wisely in quantum computing because it allows safe experimentation and testing that could eventually be deployed to customers. While there’s no current plan to deploy this capability to Ally customers, it allows the technology team to solve complex problems and run tests in a controlled environment, which is critical for accelerating innovation.
The director of data science talks about post-quantum encryption, payments simulation and optimisation problems, and how the quantum work is happening in a multidisciplinary way.
The number of VC-funded quantum startups in Europe is growing fast, with many making bold claims that their technology could one day revolutionise the world economy. Yet it's still difficult to answer one fundamental thing: what can quantum computers actually do? For now, the quantum computing industry remains in what's known as the NISQ era — Noisy Intermediate Scale Quantum — in which error rates and the limited size of quantum processors significantly limit the power of quantum computers. A fully fledged quantum computer, which would be able to solve complex calculations unmanageable for today’s supercomputers, is still years away.
SAN SEBASTIAN, Spain, July 6, 2023 — Multiverse Computing, a global leader in value-based quantum computing solutions, today announced a joint project with multinational clean energy firm Iberdrola to modernize electrical grids and facilitate additional green energy sources. Because electrical grids are integrating increasing amounts of renewable generation, electric vehicles and other distributed energy resources, supplemental batteries are playing a vital role. i-DE, Iberdrola’s distributor in Spain and a leader in smart grids, will work with Multiverse Computing to select the optimal number, type and locations of supplemental batteries for the electrical grid.
Quantum algorithms from Multiverse Computing in Spain are being used to optimise the local electricity grid and develop additional green energy storage. A joint project with multinational clean energy firm Iberdrola is using quantum algorithms to select the optimal number, type and locations of supplemental energy storage batteries for the electrical grid. The two companies will work together for 10 months as part of the Gipuzkoa Quantum Programme in the Basque Country of Spain, a quantum computing hub and smart grid innovation centre.
SAN SEBASTIÁN, Spain, August 8, 2023 — Multiverse Computing, a global leader in value-based quantum computing solutions, today announced a new partnership to deliver its cutting-edge quantum computing software to Tech Mahindra‘s global customers. Tech Mahindra is a leading provider of digital transformation, consulting, and business engineering services and solutions. With this partnership, Tech Mahindra and Multiverse Computing will jointly develop a go-to-market strategy to serve global customers across sectors including finance, healthcare, logistics, manufacturing, and government. The partnership will facilitate co-innovation and joint development in the quantum field and enhance the understanding of the technology by sharing pitch books and collaterals with end-customers.
The first computer program was written by Ada Lovelace in 1843 for Charles Babbage's marvellously ambitious (and tragically hypothetical) Analytical Engine. Intended to showcase the computational power of this whirring, shunting assembly of cogs and flywheels, Lovelace’s code was designed to calculate a sequence of Bernoulli numbers. Though the Analytical Engine was never completed in either Lovelace or Babbage’s lifetimes, computer science students still use Bernoulli numbers to flex their coding muscles.
Iberdrola, a Spanish energy company, has partnered with start-up Multiverse Computing to launch a joint quantum computing project to solve complex optimization problems in the power grid. The project, part of the Gipuzkoa Quantum Program, will focus on finding optimal battery locations within the electrical network. Quantum computing is a promising technology for evaluating many combinations, making it suitable for addressing the computational complexity of power grid optimization. The 10-month project will see both companies contribute their expertise in their respective fields.
The largest quantum computing company in the EU is working with a global leader in clean energy to solve optimization problems on smart electricity grids
Multiverse Computing and Université de Sherbrooke Announce Collaboration to Prepare Students for Careers in Quantum Partnership aims to enhance student learning with the development of additional quantum education materials using Multiverse’s Singularity platform
Securing a spot in the TOP 100 AI Most Promising Companies published by CB Insights is an exceptional achievement for us.
As a relatively new field (at least commercially), quantum computing (leveraging quantum mechanics) has the potential to change outcomes in many industries and fields of science. There are a number of quantum computing applications that are particularly promising.
NATO has identified quantum as a key emerging technology whose potential applications might enable Allies to extend their warfighting capabilities. The Quantum Technology Workshop took place in NATO HQ, on May 2023.
We are excited to announce we are a partner for France Quantum's France Quantum 2023 Conference at STATION F on June, 13th!
Digital twins: A game changer for industries - learn how this disruptive technology is revolutionizing manufacturing, healthcare, and more.
Article by Karina Robinson, Multiverse Computing's Senior Adviser, published on The Quantum Insider.
Alongside other innovation-driven Quantum players, like ColibrITD, QuantFI, QubitSoft, Qubit Pharmaceuticals and QuRISK, we are now integrated into Qaptiva™.
Enrique Lizaso has been re-elected as Treasurer at European Quantum Industry Consortium (QuiC) at the General Assembly that took place on May 10th 2023.
Multiverse Computing, the largest European Quantum Software company, has announced today his first quarter 2023 revenues, that reach € 4.1 million
Multiverse’s SML Excel Add-in 2.0 Provides Quantum Solutions to Complex Machine Learning Problems
In this workshop Saeed S. Jahromi, Research Scientist at Multiverse Computing, provides a high-level overview of tensor networks and their application in machine learning tasks such as classification.
From 17 to 21 April 2023, EIC- funded SMEs, startups and scale-ups with extraordinary deeptech solutions, met in Hannover, Germany at Hannover Messe 2023 under EIC Overseas Trade Fairs (OTF) Programme 2.0. The world’s largest trade fair for industrial technology brought together more than 2500+ exhibiting companies, 650+ speakers and over 66 000+ visitors from 173 countries.
Multiverse Computing is working on numerous projects for multinational Energy/Oil companies: - Smart Grids - Energy Forecast - Optimization Infrastructures Design - Suistainability Ecosystem
We are so excited to announce that we are now part of UKQuantum, the voice of the UKQuantum Industry, along with many other companies from the Quantum Industry.
Multiverse Computing has demonstrated how quantum computers with few qubits can already implement arbitrary multidimensional function calculus in a remarkably efficient way.
After Jeremy Hunt’s Budget announcement of a 10-year programme to invest £2.5bn in quantum computing to keep the country at the forefront of a global industry, The Inclusion Initiative at LSE released a briefing which describes how firms can make sure that they embrace both Diversity & Inclusion for the betterment of their business.
The application of quantum-based solutions can effectively tackle real-world complex problems, such as defect detection. Singularity, the flagship product of Multiverse Computing, allows professionals across different industries to leverage quantum computing using common software tools.
PRESS RELEASE — Multiverse Computing, a leader in quantum and quantum-inspired software, today announced its software is being leveraged by IESE Business School in its Master in Management (MiM) program to demonstrate how quantum algorithms can solve problems more efficiently than classical algorithms.
Quantum computers may deliver an economic advantage to business, even on tasks that classical computers can perform.
Rather than ask when quantum computers will be more powerful, we should be asking, What can we do now with today’s limited and noisy quantum computers?
-Ping An Insurance has teamed up with a start-up to use the technology to identify fraudulent behaviour -Researchers say the technology has wider uses in the financial industry, for example by helping to optimise investments
Javier Mancilla's article about his experience at MWC 2023.
Crédit Agricole CIB has declared two quantum computing experiments - one investigating the valuation of financial products, the other the assessment of credit risks - a success.
Hot on the heels of the US, Europe has more than 147 startups working with quantum technologies. Here are the biggest and best
Masters students use Singularity from Multiverse Computing with Excel to see how quantum algorithms can more efficiently solve problems than classical solutions
Roman Orus, founder and Chief Scientific Officer, Multiverse Computing is interviewed by Yuval Boger. Roman and Yuval spoke about developing quantum applications for customers, whether the right solution for the customer comes from a vertical-specific company or a quantum-centric company, their operating philosophy, and much more.
Multiverse Computing will attend Mobile World Congress 2023, which is the largest and most influential connectivity event.
Article by Inside Quantum Technology News about Multiverse Computing's project along with Crédit Agricole CACIB and Pasqal.
Chinese researchers are reporting they can break RSA encryption with a contemporary Quantum Computer. Can they?
Article by Forbes
The corporate and investment bank has run experiments with Pasqal and Multiverse to demo quantum computing in finance.
As financial institutions continue to invest in quantum computing, the French bank announced two successful experiments for derivatives and credit calculations.
Paris, 26 January 2023 – Crédit Agricole CIB and European technology leaders in quantum computing, Pasqal and Multiverse Computing, announce conclusive results on two Proofs of Concept using quantum computing in the field of finance.
Multiverse Computing included in TIME's article about Quantum Computing.
Greater robotic precision and quantum-powered digital twins could generate better production performance, but there’s a catch…
15 Quantum Computing Startups 2023 - Article by Josh Howarth
Multiverse Computing - Startup to watch in 2023 by Sifted
Insightful talks by Dr. Román Orús, Chief Scientific Officer and Esperanza Cuenca, Head of Strategy and Outreach of Multiverse Computing at Puzzle X (2022), in Barcelona.
Superpowerful computers will extract enormous benefits from artificial intelligence—and deliver proportional advantages.
Businesses are turning to quantum-as-a-service startups to gain first-mover advantage and try this high-powered tech for themselves
Presentación de SingularityTM en Madrid el 24 de enero de 2023. No te lo pienses y regístrate ahora. ¡Plazas muy limitadas!
The new algorithm can help in finance and engineering and will improve as quantum computers become faster and more fault tolerant.
Happy New Year 2023!
2022 was a big year for Spanish tech, despite an economic slowdown and dropoff in funding for startups
New Research from Multiverse Computing Shows How Limited-Qubit Devices Can Find Solutions to Complex Mathematical Problems with Remarkable Efficiency
The partnership between Multiverse Computing and Bank of Canada is the type that CDL helps facilitate
Los creadores de la donostiarra Multiverse Computing, en el ámbito de la computación cuántica, un sector en plena expansión, y de Robtrusion, una iniciativa resultado de la colaboración entre Irurena Group y Mondragon Goi Eskola Politeknikoa, nos cuentan por qué estas empresas emergentes están despuntando.
Among the nominated 300 European companies for this year’s Tech Champions project, Quantum Computing Company, Multiverse, a Spanish-based Deep-Tech company developing Quantum Software, made it to the shortlist under the ‘Energy’ Category. Ten categories were identified and selected based on their innovative approach to solving society’s demands. Financial Times journalists conducted their reviews and assessments and shortlisted the best companies.
Success stories are increasingly coming from every corner of Spain
Quantum Ecosystems - Spain - Part 2 - Article by Brian Lenahan
Researchers from Multiverse Computing, a global leader in delivering value-based quantum computing solutions, and Protiviti, a global consulting firm, working with Ally Financial, an industry leader in digital financial services, have released a study demonstrating how a new algorithm run on a quantum annealing system (a technology for finding optimal solutions) can optimize investment portfolios automatically with returns that match traditional portfolios.
Ally Financial has partnered with quantum computing researchers to develop a new algorithm to enhance financial index tracking using quantum computing. The digital monetary providers firm labored with Multiverse Computing, a quantum computing options agency, and international consulting agency Protiviti to develop a technique that optimizes funding portfolios robotically with returns that match conventional portfolios utilizing considerably smaller units of shares. Sam Palmer, head of monetary engineering at Multiverse, co-authored the analysis paper with Karagiannis and Adam Florence, director of information science at Ally.
Ally Financial partnered with Multiverse Computing to explore creating investment portfolios using quantum computing—yet another instance of a bank joining the quantum computing race.
Multiverse Computing and Ikerlan have demonstrated that quantum computing has quality control value in factories.
In the quest to generate returns in challenging market conditions, many banks have been looking at utilising quantum computing to provide a financial return on portfolio optimization that can embody high return and low-risk portfolios. Researchers from Multiverse Computing, Protiviti and Ally Financial show how financial experts and advisors can use quantum annealers to solve practical problems such as portfolio optimization published in a paper named: “Financial Index Tracking via Quantum Computing with Cardinality Constraints.”
The two organizations share a common focus on the responsible and ethical development of Artificial Intelligence (AI) and both have training experts to fill the need for a high-tech workforce
Researchers from Multiverse Computing, Protiviti and Ally Financial show that financial managers can use current quantum annealers to solve practical problems today
Quantum computing promises computational resources that far exceed the capabilities of classical computing. It is projected that a fault-tolerant “universal” quantum computer will solve many of the intractable problems currently limiting commercial and scientific progress.
Startup’s Quantum-Based Algorithms Will Support Decarbonization, Digital Transformation and Connectivity Efforts in the Automotive Sector
Multiverse Computing and Objectivity Form Alliance to Bring Quantum-Based Solutions to EMEA
Platform’s Microsoft Excel plug-in ensures the same quality of results as industry-standard solutions in less time for large problems.
Multiverse Computing announces it has been selected by chemical company BASF, headquartered in Germany, as a partner for the development of quantum software.
Integrated Solutions of Leading Quantum Superconducting Hardware with Quantum Software Designed to Deliver Better Outcomes in Near-Term
New Research Shows Artificial Vision Systems on Quantum Computers Outperform Classical Counterparts in Detecting Defects in Automotive Production Line Images
Optimization Solution to be Pioneered in Bosch’s Madrid Manufacturing Facility to Enhance Quality Control and Production Efficiencies
Advances in Quantum-Based Finance Solutions Noted as Key Innovation Area for Industry in Gartner Report
Unlike many European startup nations, Spain doesn't just have one city leading the way in creating exciting tech companies and startups.
Multiverse Computing has been named as a Cool Vendor in Quantum Computing, according to Gartner’s Cool Vendors in Quantum Computing analysis (2022).
The Microsoft Quantum team visited the San Sebastián headquarters of Multiverse Computing.
On april 19, 2022, Román Orús from Multiverse Computing participated in the event Relmagining Mobility by Mubil.
Multiverse Computing participa en el Proyecto CUCO, una iniciativa que, tiene como objetivo dar impulso a industrias estratégicas de la economía española (energía, finanzas, espacio, defensa y logística) a través de la #ComputaciónCuántica.
Robinson brings years of experience in C-suite advisory and finance journalism to help expand quantum computing startup’s international business initiatives
Multiverse Computing, a global leader in quantum computing solutions for the financial industry and beyond with offices in Toronto and Spain, today announced it has completed a proof-of-concept project with the Bank of Canada through which the parties used quantum computing to simulate the adoption of cryptocurrency as...
Multiverse Computing, a global leader in quantum computing solutions for the financial industry and beyond, today announced the appointment of Mehdi Bozzo-Rey as Chief Revenue Officer.
Multiverse Computing, a leader in quantum computing solutions for the financial industry and beyond, today announced it submitted 22 patents from its research efforts in 2021, demonstrating its intention to continuously innovate in quantum technology as well as protect the company’s intellectual property for future...
Global Consulting Firm Recognizes Spanish Start-up as a Leader in Quantum Software Development
Quantum Startup Committed to Prioritizing Gender Diversity in Recruiting
Avec l’émergence de l’informatique quantique, les entreprises technologiques tentent de retirer le plein potentiel de cette technologie.
Technologies based on the fundamental properties of quantum mechanics will revolutionize industries, changing business models forever.
Chaque semaine, L’Usine Digitale, en partenariat avec Neil Abroug, coordinateur national pour la stratégie quantique, vous propose un récapitulatif des actualités du secteur quantique français.
Xanadu’s open-source software framework for quantum computing, PennyLane, will accelerate the development of Multiverse’s new quantum-based solutions for the finance industry
Multiverse Computing, a leading Spanish startup in quantum computing for finance, today announced the appointment of Michel Kurek as CEO of its French subsidiary headquartered in Paris.
New addition to company’s flagship Singularity platform designed to deliver up to 43% higher accuracy in fair price calculations; runs with PC software tools on IonQ quantum hardware
The project aims to generate knowledge about quantum technologies that are designed to assist in finding solutions to problems that is outside the abilities of classical computing.
Si hace apenas un mes los responsables de la “start-up” donostiarra Multiverse Computing...
Multiverse Computing today announced a partnership with IonQ, the leader in trapped-ion quantum computing, which will enable financial services organizations to model risk more accurately and quickly than ever before using the IonQ Quantum Cloud platform within Singularity®, Multiverse’s financial solution.
Los fundadores de la firma donostiarra de computación cuántica afirman que en ese plazo entrarán en el olimpo de las ‘startup’ valoradas en 1.000 millones de dólares Multiverse Computing nació en 2019 en Donostia y ya ambiciona comerse el mundo. La compañía, especializada en computación cuántica enfocada en la resolución de complejos problemas del mundo […]
Despite great efforts to unseat it, Microsoft Excel remains the go-to analytics interface in most industries — even in the relatively tech-advanced area of finance.
“Esto lo tiene que poder utilizar hasta mi abuela. Tiene que ser ridículamente sencillo de usar“, afirma Román Orús, cofundador de Multiverse.
Multiverse Computing is a quantum software company with headquarters in San Sebastian, Spain that specializes in providing quantum software solutions for the financial industry.
Spanish quantum computing startup Multiverse (not to be confused with the hypothetical group of multiple universes) Computing has raised €10 million in seed funding.
Multiverse Computing, the first quantum computing startup dedicated to finance, announced that it has raised €10M in its Seed round of funding.
Multiverse Computing, the first quantum computing startup dedicated to finance, today announced it has closed a seed funding round of €10 million (USD $11.55 million).
Multiverse Computing is a quantum computing startup that has created a quantum computer built specifically to handle high-level financial algorithms.
Multiverse Computing, a San Sebastian, Spain-based quantum computing startup dedicated to finance, closed a seed funding round of €10m (USD $11.55m).
Multiverse Computing, la primera startup de computación cuántica dedicada a las finanzas, anunció hoy que ha cerrado una ronda de financiación inicial de € 10 millones (USD $ 11,55 millones).
La ‘start up’ está especializada en soluciones de computación cuántica dirigida a entidades financieras como BBVA, Bankia y Crédit Agricole, y con el nuevo capital la compañía quiere entrar en los sectores de la energía, la movilidad y la fabricación inteligente.
La startup española de computación cuántica para finanzas Multiverse Computing, con sede en San Sebastián, ha cerrado una ronda de financiación inicial de 10 millones de euros...
La ‘startup’ donostiarra Multiverse Computing, especializada en computación cuántica aplicada a las finanzas y que tiene filiales en Toronto, París y Múnich, ha cerrado una ronda de inversión de 10 millones de euros liderada por JME Ventures.
La startup española Multiverse Computing, dedicada a la computación cuántica para finanzas, ha anunciado el cierre de una ronda de financiación inicial de 10 millones de euros.
La empresa emergente donostiarra Multiverse Computing, dedicada a la computación cuántica para finanzas, ha cerrado una ronda de inversión de 10 millones de euros liderada por JME Ventures y que incluye a entidades vascas como Ikerlan y Seed Gipuzkoa.
Forget what Goldman Sachs said about useful quantum computing being five years away in finance.
Con el fin de fortalecer su apuesta para hacer de Gipuzkoa un referente en las tecnologías cuánticas, la Diputación ha puesto en marcha una nueva línea de ayudas denominada Gipuzkoa Next...
Los ‘biohackers’, pese a ser confundidos con nigromantes o con la última serie de moda, pretenden abrir las puertas de los laboratorios.
D-Wave Systems Inc., the leader in quantum computing systems, software, and services, today announced it will host its annual global Qubits Conference on October 5-7.
That men disproportionally represent the scientists, engineers and people in technical positions in the commercial quantum technology sector is already a widely known fact.
Through a proof of concept, BBVA and Spanish startup Multiverse have tried out and benchmarked different quantum technology platforms to solve a classic problem of finance: the optimization of investment portfolios with real market data.
Atom computing raises $15M and releases their Phoenix system. Multiverse joins the Strangeworks systems and releases their algorithms on Excel!
A few months ago we published an article titled Quantum Software for Those Who Don’t Want to Learn Quantum. We now have to add Multiverse Computing to the list of companies pursuing this approach.
Quantum technology is poised to impact the way financial institutions do business, and insurers should start integrating quantum readiness into their three-to-five-year IT strategy roadmaps.
In an effort to make quantum computing as accessible as possible, Multiverse Computing is releasing the Singularity spreadsheet app for quantum investment optimization.
Multiverse Computing releases Singularity spreadsheet app for quantum investment optimization.
Multiverse Computing LLC has joined the Strangeworks Quantum Syndicate™ to enable their team to develop financial applications utilizing quantum hardware providers available through the Strangeworks ecosystem.
Enrique Lizaso, CEO y cofundador de Multiverse Computing, explica cómo su compañía aplica la computación cuántica, en gran parte de su actividad, para resolver problemas de la industria financiera.
New technology can come from nowhere and change the world – whether it’s vaccines, the jet-plane, or the internet. But what might society’s next big game-changer be?
This new report analyzes the opportunity for quantum computing in the financial services sector and forecasts its level of capital and service expenditures on quantum computing in the next five years.
El sector financiero está utilizando la física a través de la computación cuántica para realizar cálculos que con la computación tradicional jamás se podrían hacer.
The corporate and investment banking arm of CIB has teamed up with Pasqaland and Multiverse to explore applications for quantum computing in finance.
Crédit Agricole CIB, the corporate and investment bank of the Crédit Agricole Group, has announced a partnership with the European IT players Pasqal and Multiverse Computing.
Crédit Agricole Corporate & Investment Banking (CA-CIB) y los líderes tecnológicos europeos Multiverse Computing (con sede en San Sebastián y especializada en computación cuántica aplicada a las finanzas) y la gala Pasqal (dedicada a fabricar procesadores cuánticos) han cerrado una alianza para colaborar en el diseño e implementación de nuevos enfoques que permitan mejoras en...
The Crédit Agricole Group’s corporate and investment bank is partnering with Pasqal and Multiverse Computing to design and develop new approaches combining traditional and quantum computing to improve algorithms in the fields of capital markets and risk management.
Crédit Agricole CIB and European technology leaders Pasqal and Multiverse Computing have announced a partnership to design and develop new approaches combining traditional and quantum computing for the improvement of algorithms in capital markets and risk management.
A partnership to design new approaches running on classical and quantum computers in order to outperform state of the art algorithms for capital markets and risk management.
Quantum computers (QCs) operate totally differently than classical computers. Due to the quantum effects known as superposition and entanglement, quantum bits (called qubits) can take on non-binary states represented by complex numbers.
I will discuss business opportunities for quantum computing in finance, focusing on what can provide value today.
As noted in recent announcements, quantum innovation is already impacting the cloud technologies used today.
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