888-384-7144 info@insidequantumtechnology.com

Toshiba’s New Algorithm Leverages Quantum Computing While Running on Ordinary PCs

By IQT News posted 17 Jan 2020

(NeoWin.net) Toshiba has claimed that it has created an algorithm that leverages the principles of quantum computing⁠—despite running on traditional PCs⁠—to churn through market data to make certain calculations. The algorithm, dubbed “Simulated Bifurcation Algorithm”, analyzes market data faster than even the most advanced supercomputers of today.
The algorithm seemingly outperforms competing algorithms and approaches on mathematical benchmarks. But adopting the algorithm to new problems might require a complete redesign from the ground up, especially because access to Toshiba’s backtesting in currency trading and portfolio optimization isn’t publicly available.

Subscribe to Our Email Newsletter

Stay up-to-date on all the latest news from the Quantum Technology industry and receive information and offers from third party vendors.