Here’s what you need to know
- NISQ Era devices are on the horizon1.
- Quantum computing is finally on the verge of becoming commercially useful2.
- Quantum Computing is developing at a steady pace3.
- It presents revolutionary opportunities for AI4, chemistry5, materials science6, finance7, and more.
- The USA8, China9, EU10 and other nation states are investing heavily into quantum computing.
- Tech giants such as Google11, IBM12, Intel13, Rigetti14 and Microsoft15 are already competing for market share.
- Not all research is public16
As a byproduct of this global technilogical arms race, quantum computers powerful enough to break modern cryptography are expected to exist within 10-20 years, if not sooner.
Noisy Intermediate-Scale Quantum (NISQ) Computers
- Quantum Computing in the NISQ era and beyond, John Preskill, July 2018, Institute for Quantum Information and Matter and Walter Burke Institute for Theoretical Physics, California Institute of Technology, Pasadena
- We’ve Entered a New Era in Quantum Computing, Ryan F. Mandelbaum, May 2018, Gizmodo
- In January 2019, IBM presented it’s first commercial quantum computer. It’s not an exiting step if we’re looking at the technical aspects of this particular quantum computer.
- In December 2018, a month earlier IonQ broke the record for number of Qubits: they announced a 79 qubits quantum computer.
Quantum computing pace of development
- 2010: 3 qubit quantum computer calculated the energy spectrum of molecular hydrogen to high precision
- 2016: IBM has 5 qubits you can work with in a cloud
- 2017: IBM had a 16 qubit quantum computer
- 2017: Intel develops a 17-qubit chip
- 2017: IBM reveals a working 50-qubit quantum computer that can maintain its quantum state for 90 microseconds
- 2017: Google announced to have a 51 qubit quantum computer
- 2018: Google announced 72 quits. From the article “A Preview of Bristlecone, Google’s New Quantum Processor”, March 5, 2018
- 2018: Intel announces a new 49-qubit quantum chip
- 2018: IonQ has a 79 qubit quantum computer
- 2019: Neven’s law states that quantum computers are improving at a “doubly exponential” rate. If it holds, quantum supremacy is around the corner
Machine Learning & AI
Chemistry & Biology
- How Quantum Computing is Enabling Breakthroughs in Chemistry, Mark Jackson, Nov 2018, Singularity Hub
- Trapped-ion quantum computer does chemistry calculations for the first time, Philip Ball, July 2018, The Royal Society of Chemistry
- Quantum computer simulates two types of bizarre materials, Emily Conover, August 2018, ScienceNews
Quantum Computing in Finance
- Quantum Computing in Finance, Colin P. Williams, D-Wave Systems, 2015
- At Last America is Moving on Quantum - Forbes
- The quantum computing race the US can’t afford to lose - TheNextWeb
- Chinese scientists broke a quantum computing record, Karen Chiu, Jul 2018, abacusnews
- The man turning China into a quantum superpower, Martin Giles, December 2018, MIT Technology Review
- China is about to pump $10 Billion in a research centre, Jack Corrigan, July 2018
- Quantum Flagship
- Europe’s billion-euro quantum flagship hands out first grants, Edwin Cartlidge, October 2018, Sciencemag
- “It should be about 5 years to 1000 qubit chips with superconducting technology. It should be about 10 years to million qubit chips.” From the article A Preview of Bristlecone, Google’s New Quantum Processor, june 10, 2018
- Google reclaims quantum computer crown with 72 qubit processor, Tristan Greene, March 2018, TheNextWeb
- Google and NASA Tackle Quantum Supremacy, John Russel, November 2018, HPC Wire
- “And a million-physical-qubit system, whose general computing applications are still difficult to even fathom? It’s conceivable, says Neven, “on the inside of 10 years.”, Harmut Nevan, Head of Google’s quantum computing effort
- “Five years from now, we will have a commercial quantum computer”
- IBM believes quantum computers will be mainstream in 5 years
- IBM Q Experience
- IBM unveils its first commercial quantum computer, January 2019, NewScientist
- Intel’s New Path to Quantum Computing, Samuel K. Moore and Amy Nordrum, June 2018, IEEE Spectrum
- Intel is now capable of producing full silicon wafers of quantum computing chips, Greg Synek, June 2018, Techspot
- “128 qubits in the next 12 months”, 2018, Bloomberg
- Microsoft Empowering the Quantum Revolution
- Here’s why Microsoft is ‘all-in’ on quantum computing, Laurel Deppen, June 2018, TechRepublic
- In 2014 documents leaked by Edward Snowden confirm the Penetrating Hard Targets project, by which the National Security Agency seeks to develop a quantum computing capability for cryptography purposes.
- NSA seeks to build quantum computer that could crack most types of encryption