The quantum computing ecosystem is growing in every way.

in hive-144703 •  3 years ago 

It's difficult to keep up with all of the quantum computing business headlines these days. The quantum ecosystem is expanding in all directions, from academic institutions to business boardrooms, and new hardware, software, and partnerships are being developed.

The race to create qubits at scale, according to Denis Mandich, CTO of quantum entropy firm Qrypt, is a winner-take-all competition.

"If you build that scalable quantum computer, you'll have such a huge advantage over everyone else," he remarked. "That's why there's so much money flooding into this industry, and why companies are hiring at such a rapid rate."

Qrypt is a member of the Quantum Consortium, which keeps track of available posts at member companies, universities, national laboratories, and government agencies. As of early April, the QED-C directory contains over 600 listings.

"At this point, it's a knife struggle to get people," he stated.

According to Mandich, every country has outspent the United States in terms of quantum investments because authorities know that this is also a national competition.

"Whoever gets there first has direct business interest because if it scales, people will pay for it tomorrow," he said.

This overview of quantum news, which includes hardware improvements, benchmarking work, and strategic investments, demonstrates why there are so many positions and why filling them is difficult.

[Accenture Ventures is a venture capital firm that invests in quantum chemistry.]

Accenture Ventures, the consulting firm's corporate venture capital arm, gave The Good Chemistry Company a vote of confidence with a strategic investment. The QEMIST Cloud is an integrated platform for developers created by the corporation. Developers in computational chemistry can utilize the platform to create chemical simulation apps and workflows using developing quantum chemistry, machine learning, and quantum computing methods.

A new type of scalable cloud-based technology is emerging to assist the next generation of chemistry, material science, and structural design, according to Carl Dukatz, Accenture's global quantum computing lead. The specifics of the investment were not disclosed by Accenture Ventures.

quantum computing-bts.jpg

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!