Inside Quantum Technology

Quantum News Briefs: May 7, 2024: News From Riken and the University of Amsterdam • and the quantum computing market

IQT News — Quantum News Briefs

Quantum News Briefs takes a look at the latest news and announcements throughout the quantum R&D industry.

Quantum News Briefs: May 7, 2024: press release summaries below: 

Researchers from RIKEN and the University of Amsterdam show, for the first time, reversibility in quantum entanglement theory

A year after seemingly ruling out the possibility, two theoretical physicists from RIKEN in Japan and the University of Amsterdam in the Netherlands have uncovered a fundamental similarity between quantum entanglement and the principles governing thermodynamics, suggesting that entangled states might possess a universal property of reversibility. This revelation, published in Nature Communications, challenges prior assumptions about the permanence of entangled states and opens new avenues for measuring and manipulating quantum entanglement beyond traditional methods, potentially revolutionizing quantum computing and our understanding of fundamental physics. Lead researcher Bartosz Regula from RIKEN emphasizes that while their probabilistic entanglement transformations offer promising insights, significant mathematical challenges remain in demonstrating practical reversibility, hinting at a complex interplay between quantum mechanics and thermodynamics yet fully understood.

In Other News: The Motley Fool article: “Better Quantum Computing Stock: IBM vs. IonQ” 

According to a recent Motley Fool article, IBM and IonQ are doubling down on the future of quantum computing, recognizing its potential to revolutionize data processing. Quantum computers, which process data using qubits instead of traditional bits, offer unparalleled speed, though they are currently larger, costlier, and more error-prone. As the technology advances, however, it is expected to become smaller, cheaper, and more accurate, making it ideal for complex tasks like machine learning and AI. With the quantum computing market projected to grow at a compound annual growth rate of 36% from 2023 to 2032, both companies stand to benefit from this burgeoning sector. While IBM focuses on integrating quantum computing into its existing cloud ecosystem and hybrid cloud and AI platforms, IonQ aims to revolutionize the field with its trapped ion technology, aiming to miniaturize its quantum processing units rapidly. Despite IonQ’s promising technology, IBM’s established profitability and strategic investments make it a more stable and attractive investment option in the evolving quantum computing landscape.

In Other News: Investor Place article: “3 Quantum Stocks That Will Make You the Envy of Wall Street” 

As quantum computing emerges as a technological transformative force, investors are eyeing companies at the forefront of its development, says a recent Investor Place article. Intel (INTC), Amazon (AMZN), and Alphabet (GOOGL) are among the key players investing heavily in quantum research and development (R&D). Intel’s Tunnel Falls chip and quantum software development highlight its commitment, with nearly 30% of revenue allocated to R&D. Amazon’s AWS offers quantum computing services, while its Braket platform collaborates with companies like IonQ. With 14.89% of revenue dedicated to R&D, Amazon aims to suppress errors in quantum computing with custom-designed chips. Alphabet’s Google Quantum AI achieved “quantum supremacy” with its Sycamore computer and aims for a one million-qubit supercomputer, supported by 14.77% of revenue allocated to R&D. As these companies continue to invest in quantum computing, they stand poised to shape the future of this rapidly advancing field.

Exit mobile version