The IQT-Reading Quantum Dragon

Only Peter Pan never grows up.

This isn’t the Quantum Peter Pan, so The Quantum Dragon had to grow up at some point. He’s still focused on finding interesting and entertaining content, but now he wants to follow conferences and news as well. So, he created an email account, subscribed to the Inside Quantum Technology newsletter, and he’s all smiles now.

IQT Research/Advisory Publishes New Report – QUANTUM MACHINE LEARNING AND QUANTUM DEEP LEARNING

This new report identifies quantum machine learning (QML) market opportunities. The report is motivated by the increasingly strong relationship that we see between developments in AI and developments in quantum technology. IQT Research/Advisory sees growth in this area rising from approximately $26.7 million in 2025, but rising to $1.1 billion by 2030 and $7 billion in 2034. QDL is defined as QML with neural networks. Email missy@insidequantumtechnolgy for additional information.

IQT Conference Updates

IQT Nordics 2025 is quickly adding august participants to its speaker roster. IQT Nordics takes place at Chalmers University in Gothenburg, Sweden May 20-22. The Nordics cycle of events takes place annually in the May-June timeframe and rotates amongst Denmark, Finland and Sweden. The May 2025 marks the third iteration; Nordics returns to Denmark in June 2026. Complete details at iqtevent.com. Additionally, the second iteration of Quantum + AI will take place October 20-21 in New York City. Q+AI 2025 will build on the critical success of the inaugural conference. Lawrence Gasman will once again program the event and will get some excellent input from Bob Sutor. Q+AI is the only worldwide event covering the dynamic convergence of quantum computers and artificial intelligence. Speaking and Sponsorship inquiries should be sent to info@3drholdings.com

Zapata AI Job Seekers

If you were laid off by Zapata AI and would like a free listing in this newsletter, please reach out and let me know. I’ll maintain a list in The Quantum Dragon until everyone on the list has been gainfully employed elsewhere or is otherwise no longer actively job seeking. I might extend this offer to all job seekers, but I’ll start with these layoffs.

• Shawn Gibford Industrial PHDc: Quantum Applications in the Life Sciences
• Dr. Francesco Benfenati Quantum Solutions Engineer
• Dr. Yanbing Zhou, Quantum Application Scientist

The Cat in the Box

Have you ever found yourself wondering what Schrödinger’s famous thought experiment really means? Yeah, you kinda sorta know what it means, but do you really know what it means? Apparently, Prof. Chris Ferrie wrote a “whimsical rhyming picture book” — a “whimsical poem,” if you will — to simplify and explain it.

Atoms don’t need cryo.

To drive home the point that neutral atom quantum computers don’t need cryogenics, QuEra shared an AI-generated image of a LEGO cryogenic system. Well played. I’m still begging and pleading for QuEra’s real LEGO box, a model of their “Aquila” system. This link might require a LinkedIn account.

Superconducting Cake

No, no one put a cake in a dilution refrigerator — not that that would make it superconducting anyway — but Prof. Andreas Wallraff shared a photo of a “Transmon qubit” cake. Not that this was the use case here, but cakes like this can be a legitimate educational resource to pique interest. This link might require a Bluesky account.

Quantum Quest

The last event was in 2023, and the next event will be in 2025, but the resources, in the meantime, are freely available online. The introductory content seems fairly standard, but once you see the theme, you’ll see why it has to be included here. I don’t see answers for the homework, but they do provide answers for the exercises.

The spelling of “qubit” is preposterous.

My personal introduction to quantum computing used “qubit.” I’ve used it ever since, and I see this spelling at least 99% of the time. It’s so standard, I question why anyone defies the norm. That said, the excerpt in this post makes a strong and hilarious case for why it should be spelled otherwise. This link might require a Bluesky account.

Build an NVC quantum computer at home.

Take this with a proverbial grain of salt, of course, but I haven’t seen this for nitrogen vacancy centers (NVC) until now. I could run this by the fine folks at Quantum Brilliance to see if there is any validity to this at all, but: 1) I applaud the tone of the article either way, and 2) I encourage YOU to find out more about NVC systems.

Preach!

Dr. Bob Sutor’s introductory commentary on December 2 is a masterpiece. I would extend some of his points beyond QPUs, quite frankly, because there are other quantum companies with questionable activity levels, uninspired messaging, delusions of grandeur, and dubious claims as well.

X-Men Meme

Imagine Quantum Key Distribution illustrated as a love triangle using renamed X-Men characters. Thanks to Iftach Yakar, the relationship between Scott “Cyclops” Summers, Jean “Phoenix” Grey, and the jealous James “Wolverine” Howlett is not just a love story but a quantum story. This link might require a Bluesky account.

Is there a linguist in the house?

Brian Lenahan’s proposed “Quanteclan” language is an amalgamation of text and bra-ket notation. I’ve actually seen this before, although probably limited to memes. Off the top of my head, I don’t recall seeing it in academic papers or anything like that. If it actually gets developed further, I’d probably classify it alongside ZX-Calculus.

Decoherence Meme

Iftach Yakar just popped up again with another meme, which means that if you like these memes you might want to consider following him. There’s no accompanying explanation for newcomers, but if you get it, you get it. This link might require a Bluesky account.

Inspiration Quantum

Here’s yet another free introductory resource for learning about quantum computing. One differentiator, though, is that it’s got a community built into it. You can write posts and privately message other learners, all of whom are presumably at the same knowledge level.

Overleaf is down.

There’s no singular link to share here, because when Overleaf goes down, that’s all Quantum Bluesky can seem to talk about.

LEGOs for your thoughts?

If you didn’t see the LEGO dragon earlier… seriously, how could you miss it? Anyway, QuEra posted a second time about LEGOs this week, now offering a chance to win one of 20 of its 800-block sets of its “Aquila” neutral atom quantum computer. Submit this 10-minute survey for a chance to win.

Are you ready?

We all know about “harvest now, decrypt later,” right? If not… um… where have you been? Oh well, it doesn’t matter, because the important thing is that everyone in the financial sector definitely knows about it and is preparing for it. Hey, Moody’s Analytics, everyone in the financial sector is preparing for it, right?

The first good quantum thread on Bluesky?

I guess you’d have to have been on Bluesky for a while to make this determination, but I’ve been on Bluesky for a while and this seems to be the first quantum thread I’ve seen period. Do you agree with Prof. Josh Combes that it might actually be a good one? This link might require a Bluesky account.

Q-CTRL Brand #qoffee

Prof. Michael Biercuk shared an image of Q-CTRL brand coffee. I didn’t think I could be more of a fan of the company, but here we are. Interestingly, #qoffee circulated Quantum Twitter a few years back and then disappeared. Perhaps it’s time for a resurgence? This link might require a Bluesky account. Drinking coffee does not.

“Blue Jay” Gambetta

I wonder if this qualifies as a quantum dad joke? Like everyone else, I’ve seen “Blue Jay” on IBM Quantum’s roadmap for the past year or two, or however long it’s been. I’ve never made an association with Dr. Jay Gambetta’s name, though, so kudos to Karl Freund and Forbes for suggesting it.

Useful Quantum Computing by 2030

Alice & Bob shared its roadmap this week, and it ain’t just a list of dates and deliverables, my friends. Instead, it’s a 47-page easy-to-read, heavily illustrated PDF with an accompanying 24:42 of easy-to-listen-to narration by Mr. Christopher Bishop. There’s also a web experience due out soon.

The Sound of Photons

Dr. Alexandra De Castro of Quandela interviewed Prof. Eduardo R. Miranda about his use of then-Ascella, now-Altair, to compose music. He is quoted as saying that the output with quantum computers — photonic, in this case — is superior to what he can produce with AI, and without any need to train large models.

Meme O’Clock

Jac Novak and Quantum Formalism explain Hilbert space using Lex Fridman, John Travolta, and a few cats. Despite his youthful appearance, The Quantum Dragon is old enough to have watched Welcome Back, Kotter, and he insisted on including John Travolta in at least one edition of this newsletter.

Dynamiqs: GPUs are Just the Tip of the Iceberg

Alice & Bob introduced the Dynamiqs library to the world and focused on the benefits of GPU acceleration because that’s something all readers can understand and appreciate. It turns out that if you peel back your screen and peek under the press release, there are even more features we should be talking about.

Self-Memeing

Dr. James Wootton co-authored a paper in PRX Quantum and then created his own meme about his research. This link might require a Bluesky account.

What is a “quantum leap”?

It was a TV show, duh. WAIT! This just in, folks… a reporter in the field is telling me that Infleqtion posted a definition of it. So, while I’m not wrong in saying that it was a TV show back in the day (1989-1993, to be specific), that’s apparently not a complete answer. This link might require a LinkedIn account.

Dr. Bob Sutor – Quantum and AI… and Dragons?

I saw “controversial” and had already decided that Dr. Sutor’s December 5 newsletter needed a link here, but then I kept reading and found a small treasure trove of The Quantum Dragon content. Since he’s only going to be highlighting claims up to universal leadership, I hereby claim multiversal leadership….

Cookies do not allow superposition.

There’s no need to grab a glass of milk… it’s not that kind of “cookies.” But Dr. Bob Sutor made an observation about the Alice & Bob website, and it deserves inclusion here. This link might require a LinkedIn account. A glass of milk does not. Cookies don’t either. You know what? Go grab yourself a snack. You deserve it.

Australian Bloch sphere?

I normally see the Bloch sphere with 0 at the north pole and 1 at the south pole. Every now and again, I see 1 at the north pole and 0 at the south pole, but that’s rare. I’ve never read a reference to Australia in regard to the latter, but I’m going to use it from now on. This link might require a Bluesky account.

Universal Transpiler?

Tranqu seems to be an attempt to transpile quantum circuits from anything to anything. It’s not quite there yet, but check it out and maybe you’d like to contribute to it. After it matures, it might be interesting to compare it to the Classiq platform and Quantastica’s QConvert.

What’s a resonator?

This post isn’t particularly entertaining, but Dr. Michaela Eichinger explains what a resonator is in plain English. There’s a little bit of jargon should novices be inclined to read it, but you’d be hard pressed to find a clearer explanation. This link might require a LinkedIn account.

Most Performant

IBM started it, but don’t be surprised to see other companies claiming to have the “most performant” this or that. I just saw it — I won’t dignify it with a link — and assumed it was IBM, but then I caught a logo in the corner of the image. It might not be trademarked or anything, but it’s unimaginative and equally untrue.

Quantum Noise Detector

Alan Ho and Prof. Michael Biercuk inspired the Resuscitated Quantum Bullshit Detector, but the original(?) has resurfaced on Bluesky. It’s back to reposting a simple “bullshit” or “not bullshit,” so The Quantum Dragon will continue to monitor for challenges, controversies, and debates under this new name from Dr. Bob Sutor.

• If the universe started out in a pure quantum state, how is anything in a mixed state now? (Bluesky) has a little back-and-forth in the comments

IQT Research Report Estimates Revenues from Quantum Machine Learning and Quantum Deep Learning at $1.1 Billion in 2030

December 5, 2024

New York, NY: In Machine Learning and Deep Learning in the Quantum Era 2024: A Market Forecast and Technology Assessment, IQT Research identifies opportunities in quantum machine learning (QML) and quantum deep learning (QDL). It claims that while revenues from QML/QDL will be just $26.7 million in 2025, they will rise to $1.1 billion in 2030 and $7.0 billion in 2034. QDL is defined as QML with neural networks.

For a sample of this report, click on Request Excerpt.
For a quote, click on Request a Quote.

About the Report:

The primary goal of this report is to show how new business revenues will be generated using quantum computing. Specifically, this report analyzes how:

• Using quantum computers can better solve traditional ML problems.
• Algorithms better suited to QML can be developed.
• New ways of delivering QML can emerge especially over a cloud.
• Using classical ML can optimize quantum hardware.

This IQT Research report contains the most comprehensive analysis of the QML/QDL space currently available. New products, R&D and trials are all covered along with profiles of the QDL/QML activities of numerous companies. Some of these companies – both QML/QDL vendors and end users — include 1QBIT, Airbus. Amazon/AWS, Atom Computing, BMW, Dassault, Deloitte, D-Wave, Fidelity, Google, HSBC, Hyundai, IBM, IonQ, Microsoft, Moody’s Analytics, NVIDIA, ORCA Computing, Pasqal, Planqc, QC Ware, Quantinuum, QuantrolOx, Pasqal, QuEra, Rigetti, Terra Quantum, Unilever, Volkswagen, Xanadu and others.

In the report, ten-year forecasts of QML/DL revenues are included with breakouts by application and technology. The report also analyzes the factors retarding the growth of QML such as the cost and immaturity of QML, the need for QML-optimized algorithms and a deeper understanding of how QML is best deployed. IQT Research believes that the forecasts in the report are plausible and note that many AI forecasts today seem highly exaggerated.

From the Report:

• Likely commercial applications for QML are already beginning to appear and will burgeon in the next few years. In the investment world, conventional ML is used for portfolio optimization, but QML can already find itself in demand for the most complex portfolios. QML might also be useful to analyze large data sets and identify where potential threats are coming from. QML would be especially useful where the consequence of a mistake is catastrophic – medicine and financial services are obvious examples here.
• IQT Research see potential for QML where the data sets on which QML are trained include sophisticated sensor data. The proliferation of sensors (including wearable sensors) over the past few years increases the size of standard healthcare and robotics data sets for ML/QML. We note that ML researchers are developing solutions that detect cancerous tumors and diagnose eye diseases. We can also see an important role for QML in future robotics products.
• ML can help make better quantum computers. For example, ML can model the error patterns in qubits. In this way ML may help take quantum computing beyond today’s NISQ realities. Other ways in which ML may be able to assist in the creation of new quantum computers is in the design of new materials for quantum computing and in running tests comparing the results to benchmarking metrics or formal standards.
• Security issues in QML can threaten both training and inference phases and must be guarded against. Vulnerabilities that can be found in the QML model include the model architecture, training/testing data, encoding techniques, and trained parameters. Free riders can benefit from not having to pay for expensive quantum compute time and for the millions of “trials” in a training run. The free rider aspect of security in QML also extends to time. Thieves can end route around the significant amount of time — potentially months to years — that it takes to construct a QML model due the need to execute hundreds of thousands of quantum circuits.

About IQT Research:

IQT Research is a division of 3DR Holdings, and the first industry analyst firm dedicated to meeting the strategic information and analysis needs of the emerging quantum technology sector. In addition to publishing reports on critical business opportunities in the quantum technology sector, Inside Quantum Technology produces a daily news website on business-related happenings in the quantum technology field.

3DR HOLDINGS also organizes international events. The next conference IQT Nordics will be devoted to Real-World Applications and Progress Enabled by Quantum Technology and will be held May 20-22, 2025, in Sweden.

Complete information can be found at www.iqtevent.com.

For inquiries, please contact:
Missy Wade
missy@insidequantumtechnology.com
Telephone: 888-384-7144

Categories: Particular Newsletter