Quantum computing takes a monumental leap forward as Quantinuum, the leading integrated quantum computing company, introduces the H2-1 quantum computer, boasting an impressive 56 trapped-ion qubits. This unveiling marks a significant advancement in the field, showcasing enhanced fidelity that surpasses previous industry standards.
In collaboration with researchers from JPMorgan Chase, Quantinuum conducted groundbreaking experiments, notably achieving a remarkable 100x improvement in the Random Circuit Sampling (RCS) algorithm over Google’s 2019 results. This achievement sets a new world record for the cross entropy benchmark, solidifying the H2-1’s position as an unparalleled quantum computing powerhouse.
Rajeeb Hazra, CEO of Quantinuum, emphasizes the company’s commitment to qubit quality over quantity, revolutionizing the potential applications of quantum computing across various industries such as finance, logistics, transportation, and chemistry.
Ilyas Khan, founder and Chief Product Officer of Quantinuum, underlines the significance of this milestone, stating that quantum computing is transitioning from theoretical to practical application, paving the way for transformative solutions in real-world scenarios.
The experiment not only demonstrates the superior computational capabilities of the H2-1 but also highlights its efficiency, boasting an estimated 30,000x reduction in power consumption compared to classical supercomputers. This efficiency makes the H2-1 an optimal solution for a wide range of computational challenges.
Marco Pistoia, Head of Global Technology Applied Research at JPMorgan Chase, expresses excitement about leveraging the H2-1’s high fidelity to advance quantum algorithms, particularly in industrial and financial use cases.
Quantinuum’s recent breakthroughs further solidify its position as an industry leader in quantum computing. These include overcoming the “wiring problem,” achieving exceptional two-qubit gate fidelity, and collaborating with Microsoft to achieve Level 2 Resilient quantum computing.
Dennis Tom, General Manager of Microsoft Azure Quantum, anticipates continued collaboration with Quantinuum to enhance the resiliency and utility of quantum operations.
In a testament to Quantinuum’s promising trajectory, the company recently closed a $300 million equity fundraise, supported by major investors including JPMorgan Chase, Mitsui & Co., Amgen, and Honeywell.
With these groundbreaking achievements, Quantinuum propels quantum computing into a new era of innovation, bringing us closer to the long-awaited commercialization of quantum applications across various sectors.
The unveiling of the H2-1 and its remarkable performance in the RCS task signify a monumental step forward in the quest for practical quantum computing solutions, heralding a future where classical supercomputers can no longer compete.
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