6 Charts Breaking Down The Nascent Quantum Computing Startup Ecosystem

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Quantum computing is an increasingly hot area for research and investment, with corporations like IBM, Google, Alibaba, Intel, and Lockheed Martin launching quantum computing projects aimed at bringing the technology -- meant to speed up the process of solving complex equations -- to commercial viability. In tandem with company investments, the European Union, US, and Chinese governments, among others, are also backing projects aimed at building commercial quantum computers. In the US, NASA, the NSA, and the Los Alamos National Laboratory are all involved in quantum computing projects. And in August this year, China launched the world's first quantum satellite in the quest for more secure communications. However, there are only a small number of private companies in the industry that have been able to raise over $1M, which suggests that commercial application of quantum computers -- for both hardware and software -- is nascent at this point, despite the hype.


A startup uses quantum computing to boost machine learning

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A company in California just proved that an exotic and potentially game-changing kind of computer can be used to perform a common form of machine learning. The feat raises hopes that quantum computers, which exploit the logic-defying principles of quantum physics to perform certain types of calculations at ridiculous speeds, could have a big impact on the hottest area of the tech industry: artificial intelligence. Researchers at Rigetti Computing, a company based in Berkeley, California, used one of its prototype quantum chips--a superconducting device housed within an elaborate super-chilled setup--to run what's known as a clustering algorithm. Clustering is a machine-learning technique used to organize data into similar groups. Rigetti is also making the new quantum computer--which can handle 19 quantum bits, or qubits--available through its cloud computing platform, called Forest, today.


A startup uses quantum computing to boost machine learning

#artificialintelligence

A company in California just proved that an exotic and potentially game-changing kind of computer can be used to perform a common form of machine learning. The feat raises hopes that quantum computers, which exploit the logic-defying principles of quantum physics to perform certain types of calculations at ridiculous speeds, could have a big impact on the hottest area of the tech industry: artificial intelligence. Researchers at Rigetti Computing, a company based in Berkeley, California, used one of its prototype quantum chips--a superconducting device housed within an elaborate super-chilled setup--to run what's known as a clustering algorithm. Clustering is a machine-learning technique used to organize data into similar groups. Rigetti is also making the new quantum computer--which can handle 19 quantum bits, or qubits--available through its cloud computing platform, called Forest, today.


A startup uses quantum computing to boost machine learning

#artificialintelligence

A company in California just proved that an exotic and potentially game-changing kind of computer can be used to perform a common form of machine learning. The feat raises hopes that quantum computers, which exploit the logic-defying principles of quantum physics to perform certain types of calculations at ridiculous speeds, could have a big impact on the hottest area of the tech industry: artificial intelligence. Researchers at Rigetti Computing, a company based in Berkeley, California, used one of its prototype quantum chips--a superconducting device housed within an elaborate super-chilled setup--to run what's known as a clustering algorithm. Clustering is a machine-learning technique used to organize data into similar groups. Rigetti is also making the new quantum computer--which can handle 19 quantum bits, or qubits--available through its cloud computing platform, called Forest, today.


A startup uses quantum computing to boost machine learning

#artificialintelligence

A company in California just proved that an exotic and potentially game-changing kind of computer can be used to perform a common form of machine learning.