Dear Friends,
Greetings of the day! It’s been a rainy week here in Mumbai and monsoon is all set across India. Hope you too have enjoyed monsoon special pakoda/bhajji/bhutta and visited nearby places for a monsoon picnic with friends and family.
Recently, Arvind Krishna, CEO of IBM, has recognized André M. König, Chairman of OneQuantum, for his exceptional achievements as well as his contribution to the IBM technology community. By leaving a remark on this newsletter, you can join me in congratulating Andre.
We're getting ready for OneQuantum India's next event right now. During the month of August, there will be a FinTech-themed event. We'd be able to tell you more about what's going on at the confluence of quantum computing and fintech, as well as how quantum is affecting the industry and our future. Keep an eye out for additional information.
In our constant endeavor to build a global community and ecosystem for Quantum Computing, recently, OneQuantum has expanded its presence in various countries and regions i.e. Chile, Balkan, Argentina, Canada, Nordic region, UAE, UK & Japan. This would immensely benefit to expand the
I continue to meet various professionals / founders / academia / government officials from the Quantum Community and look forward to setting up a one-on-one interaction with you soon.
Stay Safe,
Regards,
Chintan Oza
President India Region, OneQuantum
https://www.linkedin.com/in/chintanoza
2021 Best Insights from Quantum Computing Top Leaders
Proof of concept (POC) initiatives in Quantum Computing (QC) are on the rise in Q4 2021, with commercialization pilots expected by 2025 and widespread use by 2030. Investments and early IPOs are being driven by accelerated digital transformation and digital reshaping. Stephen Ibaraki has interviewed various industry leaders and authored this article summarizing the insights.
Eternal Change for No Energy: A Time Crystal Finally Made Real
A time crystal, like a perpetual motion machine, cycles between states indefinitely without expending energy. Inside a quantum computer, physicists claim to have created this new phase of matter. Researchers from Google, in conjunction with physicists from Stanford, Princeton, and other universities, claim to have shown a real "time crystal" using Google's quantum computer in a preprint published online Thursday night. In addition, earlier this month, a different scientific group claimed to have produced a time crystal in a diamond.
https://www.quantamagazine.org/first-time-crystal-built-using-googles-quantum-computer-20210730/
DIAT, C-DAC ink MoU for development of quantum computers
Dr. G Satheesh Reddy, Chairman of the DRDO, stated that bringing DIAT and C-DAC together will result in significant collaboration in the development of quantum computers in the nation. DIAT is a research and academic institution under the Department of Defense Research and Development (DD R&D), while C-DAC is the Ministry of Electronics and Information Technology's main research and development organization (MeitY). Pune is home to both organizations. Dr. Hemant Darbari, director general of C-DAC, voiced his enthusiasm for the idea, stating that, just as India's first supercomputer was developed in Pune, so would the quantum computer.
India will be quantum enabled this decade says ISRO chairman K Sivan
Prof. K Sivan, the chairman of the ISRO, stated on Monday that "In this decade, India would be quantum-enabled. The power of quantum physics will be infused into the encryption of satellite data. "Quantum computing is a genuinely futuristic field with tremendous promise that we must invest in now to gain advantages in the near future," stated Prof Narayanan, Director IIIT-H, speaking at the inauguration.
Q-CTRL Unveils Quantum Error Pinpointing Machine Learning Technique
Through continuing partnership with the University of Sydney, Professor Michael Biercuk's quantum tech firm makes scientific breakthroughs. Researchers have proposed a method for using machine learning to discover sources of error in quantum computers, giving hardware engineers the ability to pinpoint performance deterioration with remarkable accuracy and speed up the development of usable quantum computers. “The ability to identify and inhibit sources of performance deterioration in quantum hardware is essential to both fundamental research and industrial initiatives creating quantum sensors and quantum computers,” said Q-CTRL CEO Professor Biercuk. “Quantum control, combined with machine learning, has demonstrated a route to making these systems viable and drastically shortening R&D timelines,” he added.
https://indiaeducationdiary.in/q-ctrl-unveils-machine-learning-technique-to-pinpoint-quantum-errors/
Japan's 1st commercial-use quantum computer starts operations
The University of Tokyo and International Business Machines Corp. have launched Japan's first commercial quantum computer, marking a move into a highly competitive area dominated by the US and China. The IBM Quantum System One computer system is the company's second of its sort outside of the United States, after one in Germany. The computer is available for cooperative study through an industry-academic partnership that was formed in 2020 and includes Toyota Motor Corp., Sony Group Corp., and Mitsubishi Chemical Holdings Corp. as members.
Video of the week:
Quantum Computing for Financial Services
Mphasis and D-Wave demonstrate how quantum computing may be used to address problems in the financial services industry, such as portfolio selection, asset allocation, and unusual event categorization, such as anomaly detection, using live demos. Vehicle route optimization, image analytics, and natural language processing are among the cross-industry application cases and examples covered in the webinar.