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Cambridge Quantum Computing Partners With IBM to Expand Industry Engagement in Quantum

By IQT News posted 17 Jul 2020

(FinanceYahoo) Cambridge Quantum Computing (CQC) has announced it has become the first startup-based hub in the IBM Q Network. As a hub, CQC will expand membership of the network with cloud-based access to the IBM Quantum Computation Center, which now includes 20 of the most-advanced quantum computers commercially available to explore practical applications for business and science, including eight systems with a Quantum Volume of 32, and a 53-qubit system – the largest available for clients in the industry. CQC and its hub member organizations will collaborate on chemistry, optimization, finance, and quantum machine learning and natural language processing using IBM Quantum systems and the open source Qiskit framework to advance and grow the industry’s quantum computing ecosystem.
Founded in 2014 and backed by some of the world’s leading quantum computing companies, CQC is a global leader in quantum software and quantum algorithms that help clients get the best out of rapidly evolving quantum computing hardware.
CQC is partnering with IBM to offer new models of access to IBM’s quantum systems on the cloud to enable more organizations to get started in quantum computing and join the IBM Q Network. A unique and immediately available first offering to clients from CQC is a six-month access term along with a joint application research engagement. Denise Ruffner, CQC’s Chief Business Officer, stated “We are excited to deepen our strong partnership with IBM Quantum by becoming the first startup-based hub in the IBM Q Network. Our unique capability to offer shorter term access to IBM’s quantum systems, along with a research engagement from our expert research team is an opportunity for corporations to get started on quantum computing by working with CQC and the IBM Q Network.”

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