QAmplify Maximizes Conclusion-Consumer Investment in Quantum Computing
LEESBURG, Va., June 07, 2022 (World NEWSWIRE) — Quantum Computing Inc. (“QCI” or the “Company”) (NASDAQ: QUBT), a leader in obtainable quantum computing, right now unveiled QAmplify, a suite of quantum application technologies that expands the processing energy of any existing quantum computer system by as a great deal as 20x. QAmplify is able of supercharging any quantum computer system to remedy serious-entire world sensible organization issues today. The Enterprise is actively performing with shoppers and companions in scaling the amplification abilities of its prepared-to-operate Qatalyst™ software package, which is built to get rid of the have to have for complex quantum programming and operates seamlessly across a wide variety of quantum computers. QCI has submitted for patents on QAmplify technological innovation.
At this time there are two main technological innovation ways that produce a broad selection of capabilities spanning the present Quantum Processing Device (“QPU”) hardware landscape gate design (e.g. IBM, IonQ, Rigetti, OQC, etcetera.) and annealing (e.g. D-Wave) quantum pcs. Both equally are confined in the sizing of problems (i.e., quantity of variables and complexity of computations) they can procedure. For illustration, gate types can generally method from 10-120 information variables, and annealing machines can approach somewhere around 400 variables in a straightforward trouble established. These modest challenge sets prohibit the size of the complications that can be solved by today’s QPUs, restricting businesses’ ability to check out the benefit of quantum computing.
QCI’s patent-pending QAmplify suite of strong QPU-growth computer software technologies overcomes these difficulties, considerably rising the issue set size that every single can process. The QAmplify gate model expansion’s demonstrated abilities have been benchmarked at a 500% (5x) enhance and the annealing enlargement has been benchmarked at up to a 2,000% (20x) enhance.
QAmplify maximizes stop-person investment in latest QPUs by permitting quantum customers to rework from science experiments to solving authentic-planet difficulties with out waiting around for the quantum components market to capture up. For case in point, in terms of true-entire world purposes, this suggests that an IBM quantum pc with QAmplify could remedy a issue with in excess of 600 variables, vs . the existing limit of 127 variables. A D-Wave annealing laptop or computer with QAmplify could clear up an optimization with about 4,000 variables, vs . the latest restrict of 200 for a dense matrix problem established.
“It is central to QCI’s mission to supply practical and sustainable benefit to the quantum computing industry,” claimed William McGann, Chief Running and Technologies Officer of QCI. “QCI’s ground breaking computer software solutions provide expansive compute capabilities for today’s point out-of-the-artwork QPU programs and offer you fantastic long term scalability as individuals systems frequently progress. The use of our QAmplify algorithm in the 2021 BMW Group Quantum Computing Problem for automobile sensor optimization delivered proof of general performance by increasing the powerful capability of the annealer by 20-fold, to 2,888 qubits.”
To understand much more about QCI and how Qatalyst can produce results for your small business now, take a look at www.quantumcomputinginc.com.
About Quantum Computing Inc.
Quantum Computing Inc. (QCI) (NASDAQ: QUBT) is a total-spectrum quantum computer software and components enterprise on a mission to accelerate the value of quantum computing for authentic-globe company alternatives. The corporation just lately announced its intent to receive QPhoton, a quantum photonics innovation business that has developed a sequence of quantum photonic units (QPS). The mix of QCI’s flagship completely ready-to-run computer software product or service, Qatalyst, with QPhoton’s QPS, sets QCI on a path to providing a broadly accessible and inexpensive whole-stack quantum answer that can be utilized by non-quantum industry experts, wherever, for actual-world field purposes. QCI’s professional team in finance, computing, security, mathematics and physics has in excess of a century of expertise with advanced technologies from top edge supercomputing, to massively parallel programming, to the security that safeguards nations. Link with QCI on LinkedIn and @QciQuantum on Twitter. For a lot more information and facts about QCI, check out www.quantumcomputinginc.com.
Essential Cautions With regards to Ahead-On the lookout Statements
This press launch contains forward-hunting statements as outlined in just Area 27A of the Securities Act of 1933, as amended, and Area 21E of the Securities Exchange Act of 1934, as amended. By their mother nature, ahead-wanting statements and forecasts require hazards and uncertainties mainly because they relate to functions and depend on conditions that will take place in the in the vicinity of long term. Those people statements incorporate statements regarding the intent, belief or existing anticipations of Quantum Computing Inc. (the “Company”), and users of its administration
as effectively as the assumptions on which these statements are based. Potential investors are cautioned that any these forward-searching statements are not ensures of upcoming general performance and involve pitfalls and uncertainties, and that actual effects may perhaps vary materially from all those contemplated by such ahead-on the lookout statements.
Statements in this push launch that are not descriptions of historical information are forward-wanting statements relating to foreseeable future situations, and as these types of all ahead-wanting statements are created pursuant to the Securities Litigation Reform Act of 1995. Statements might contain certain ahead-on the lookout statements pertaining to long term expected or projected programs, overall performance and developments, as perfectly as other statements relating to long run operations and results. Any statements in this push release that are not statements of historic point may possibly be regarded as to be ahead-looking statements. Phrases this sort of as “may possibly,” “will,” “anticipate,” “believe that,” “foresee,” “estimate,” “intends,” “target,” “goal,” “find,” “endeavor,” “aim to,” or variations of these or equivalent text, discover forward-on the lookout statements. These kinds of statements include statements relating to the Company’s means to consummate its prepared acquisition of QPhoton, the expected rewards of these kinds of acquisition, and the Company’s ability to successfully establish, market and offer its solutions. Elements that could result in actual results to differ materially from these in the forward-searching statements contained in this push launch involve, but are not minimal to, the parties’ prospective incapacity to consummate the proposed transaction, including as a consequence of a failure to fulfill closing conditions to the proposed transactions dangers that QPhoton will not be integrated successfully failure to realize expected added benefits of the mixed operations likely litigation relating to the proposed transaction and disruptions from the proposed transaction that could hurt the Company’s or QPhoton’s organization capacity to retain important staff the possible influence of announcement or consummation of the proposed transaction on interactions with third parties, such as clients, workforce and competitors problems in the cash marketplaces and individuals hazards described in Product 1A in the Company’s Once-a-year Report on Type 10-K for the calendar year finished December 31, 2021, which is expressly integrated herein by reference, and other elements as may perhaps periodically be described in the Company’s filings with the SEC. The Business undertakes no obligation to update or revise forward-seeking statements to reflect transformed problems.
Qatalyst™ is the trademark of Quantum Computing Inc. All other trademarks are the house of their respective proprietors.
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