Just when we thought we've seen it all, here comes quantum for tax administration. Marna Ricker of @EY discusses the transformative potential of quantum computing for tax authorities. Quantum computing can enhance tax administration by handling complex international tax issues with greater precision, predicting policy outcomes, and ensuring fairer taxation. It also aids corporations in tax planning and compliance by modeling various tax scenarios more accurately. Additionally, quantum computing can improve fraud detection and data analysis, processing vast datasets simultaneously for better-informed decision-making. Q&A: EY's Marna Ricker on the promise of quantum computing for tax - Accountancy Age https://hubs.ly/Q02Hmp8Q0
QuEra Computing Inc.
Research Services
Boston, Massachusetts 15,777 followers
QuEra Computing is the leader in quantum computers based on neutral atoms. Use our 256-qubit machine on AWS Braket.
About us
Located in Boston, QuEra Computing is a maker of advanced neutral-atoms based quantum computers, pushing the boundaries of what is possible in the industry. Founded in 2018, the company is built on pioneering research recently conducted nearby at both Harvard University and MIT. QuEra is building the industry’s most scalable quantum computers to tackle useful but classically intractable problems for commercially relevant applications. Our signature 256-qubit machine, Aquila, the largest publicly-accessible machine in the world, is available now for general use over the Amazon Braket cloud. For more information, visit us at quera.com.
- Website
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https://www.quera.com/
External link for QuEra Computing Inc.
- Industry
- Research Services
- Company size
- 51-200 employees
- Headquarters
- Boston, Massachusetts
- Type
- Privately Held
- Founded
- 2018
- Specialties
- Quantum computing, Quantum algorithms, Neutral atoms, Quantum optimization, Quantum simulation, Quantum machine learning, and Quantum applications
Locations
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Primary
1284 Soldiers Field Rd
Boston, Massachusetts 02135, US
Employees at QuEra Computing Inc.
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Yuval Boger
Chief Commercial Officer at QuEra Computing - neutral-atom quantum computers for HPC centers, national programs, and forward-thinking enterprises
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Dan Higginbotham
Talent Acquisition at QuEra Computing 🌈
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Steve Suarez®
Founder & CEO | Board Member | Harvard & MIT Alumnus | Ex-HSBC | External Advisor @ Bain & Company
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Dirk Englund
Updates
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The U.S. Department of Energy (DOE) and the United States Department of Defense (DoD) have signed a Memorandum of Understanding to collaborate on advancing quantum information science (QIS). This partnership aims to leverage quantum computing for national security, energy efficiency, and technological innovation. By combining resources and expertise, the DOE and DoD seek to accelerate breakthroughs in quantum research, which can lead to more secure communications, enhanced computational capabilities, and advanced materials research. The collaboration underscores the strategic importance of quantum technologies in maintaining national security and technological leadership. https://hubs.ly/Q02HmmNr0
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Quantum computers are a key component of the HPC center of the future. Join our CCO Yuval Boger together with experts from NVIDIA, Agnostiq and National Institute of Advanced Industrial Science and Technology (AIST) in an exciting panel at #Q2B to discuss how HPC manager should prepare for the quantum wave, the special requirements of quantum computers, hybrid classical/quantum applications and much more.
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We are delighted to announce an agreement with Classiq Technologies to integrate our quantum computers into their unique software platform. With this collaboration, Classiq users will be able to exploit the distinctive features of QuEra’s neutral-atom quantum computers, such as the ability to simultaneously operate on multiple qubits and advanced qubit shuttling. Additionally, the integration provides access to Classiq’s extensive pre-written algorithmic blocks and allows customers to estimate the resources needed to run their algorithms. These capabilities enable the creation of highly resource-efficient algorithms with a large number of qubits and, in the future, for logical qubits as well. Read the full release at https://hubs.ly/Q02HBwGl0
Classiq and QuEra Announce Integration of Neutral-Atom Quantum Computers into Classiq Platform
quera.com
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It's always good to hear from end-users what their quantum computing experience is. Davide Corbelletto and others from Intesa Sanpaolo, one of the largest banking groups in Italy, detail their journey : https://hubs.ly/Q02GtW-b0 They describe their quantum collaboration, focusing on quantum algorithms for portfolio optimization, risk analysis, and fraud detection. The paper details the challenges faced, such as the need for specialized skills and the current limitations of quantum hardware. It also highlights the potential benefits, including improved computational efficiency and enhanced financial modeling capabilities, positioning quantum computing as a transformative technology for the finance industry.
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Acknowledging the transformative potentia of quantuml, the Monetary Authority of Singapore (MAS) has committed up to S$100 million to support quantum and AI capabilities in the financial sector. This funding, under the Financial Sector Technology and Innovation Grant Scheme (FSTI 3.0), aims to bolster financial institutions' technology and innovation efforts. The initiative includes grants for establishing technology centers, adopting quantum solutions, and enhancing cybersecurity. MAS also plans to collaborate with educational institutions to develop talent in these advanced technologies https://hubs.ly/Q02HmmJC0
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A new market forecast from Boston Consulting Group (BCG) states that while quantum computing has not yet demonstrated a clear advantage over classical computing in practical applications, significant progress is being made in qubit counts, investment, and government support. The long-term forecast remains positive, with an expectation that quantum computing will generate $450 billion to $850 billion in economic value by 2040, creating a substantial market for hardware and software. However, near-term expectations for value creation in the NISQ era have been optimistic and need some adjustment. The Long-Term Forecast for Quantum Computing Still Looks Bright https://hubs.ly/Q02Hd6tq0
The Long-Term Forecast for Quantum Computing Still Looks Bright
bcg.com
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While much attention has been paid recently to quantum computing techniques in machine learning, there is much that classical machine learning can offer to quantum computers. In this work, a team based in Canada and Sweden explores the use of GPT-style learning to predict measurement probabilities for calculations done on analog neutral-atom quantum computers. Their focus lies in the generation of bitstrings for systems trained close to a quantum phase transition in the square lattice. Promising capacity to extrapolate results are is observed, and the authors suggest the use of similar methodology, trained on vastly more data and larger system sizes, to increase prediction capacity and foster co-design of AI and quantum technologies. Read the article on ArXiv! https://hubs.ly/Q02Hd37Y0
RydbergGPT
arxiv.org
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Quantum might help AI, but it seems that AI could also help quantum. An article on Phys.org covers an interesting approach by CSIRO to implement a syndrome decoder to improve error correction. Unfortunately, the researchers report, "In our work, we do not observe error suppression when the error correction code distance is increased, as theoretically anticipated, due to currently large noise levels (above code threshold) in IBM quantum processors." but this could still be a promising direction. https://hubs.ly/Q02Gtyzq0
Artificial intelligence could help make quantum computers a reality
phys.org
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This blog post from NVIDIA describes classical supercomputer upgrades at Japan's National Institute of Advanced Industrial Science and Technology (AIST) close to where a QuEra neutral-atom quantum computer will be installed on-premises next year. Per NVIDIA, this supercomputer, built HPE and powered by thousands of NVIDIA H200 GPUs and Quantum-2 InfiniBand, aims to advance generative AI, improve energy efficiency, and support Japan's AI sovereignty. BTW, if you are in Tokyo on the week of July 22nd, representatives from AIST, QuEra and NVIDIA will all be presenting at the upcoming #Q2B Tokyo conference Japan Enhances AI Sovereignty With Advanced ABCI 3.0 Supercomputer https://hubs.ly/Q02GtWRM0
Japan Enhances AI Sovereignty With Advanced ABCI 3.0 Supercomputer
blogs.nvidia.com