Quantum Computing Inc. Unveils Software Breakthrough That Amplifies Quantum Computer Processing Power By Up to 20x
QAmplify Maximizes Finish-Consumer Investment decision in Quantum Computing
LEESBURG, Va., June 07, 2022 (World NEWSWIRE) — Quantum Computing Inc. (“QCI” or the “Company”) (NASDAQ: QUBT), a chief in accessible quantum computing, currently unveiled QAmplify, a suite of quantum application systems that expands the processing energy of any present quantum computer by as substantially as 20x. QAmplify is capable of supercharging any quantum computer to clear up authentic-entire world realistic business problems currently. The Business is actively doing the job with shoppers and associates in scaling the amplification abilities of its completely ready-to-run Qatalyst™ application, which is created to eliminate the want for elaborate quantum programming and operates seamlessly across a variety of quantum pcs. QCI has submitted for patents on QAmplify technological know-how.
At present there are two key engineering methods that produce a huge array of capabilities spanning the recent Quantum Processing Device (“QPU”) hardware landscape gate design (e.g. IBM, IonQ, Rigetti, OQC, and many others.) and annealing (e.g. D-Wave) quantum desktops. Each are confined in the dimension of problems (i.e., amount of variables and complexity of computations) they can process. For case in point, gate types can usually process from 10-120 facts variables, and annealing devices can method about 400 variables in a basic issue set. These smaller dilemma sets limit the size of the difficulties that can be solved by today’s QPUs, restricting businesses’ potential to investigate the worth of quantum computing.
QCI’s patent-pending QAmplify suite of potent QPU-growth computer software technologies overcomes these challenges, substantially rising the challenge set measurement that each can procedure. The QAmplify gate product expansion’s demonstrated capabilities have been benchmarked at a 500% (5x) increase and the annealing enlargement has been benchmarked at up to a 2,000% (20x) boost.
QAmplify maximizes finish-person financial commitment in latest QPUs by letting quantum end users to transform from science experiments to solving actual-entire world difficulties without waiting around for the quantum hardware sector to capture up. For illustration, in conditions of true-planet applications, this implies that an IBM quantum computer system with QAmplify could clear up a difficulty with above 600 variables, vs . the present-day restrict of 127 variables. A D-Wave annealing laptop or computer with QAmplify could remedy an optimization with more than 4,000 variables, vs . the latest restrict of 200 for a dense matrix challenge set.
“It is central to QCI’s mission to produce sensible and sustainable price to the quantum computing market,” stated William McGann, Main Operating and Technological innovation Officer of QCI. “QCI’s impressive program methods deliver expansive compute abilities for today’s state-of-the-art QPU techniques and supply wonderful foreseeable future scalability as those technologies constantly progress. The use of our QAmplify algorithm in the 2021 BMW Team Quantum Computing Challenge for car sensor optimization provided proof of performance by expanding the effective capability of the annealer by 20-fold, to 2,888 qubits.”
To discover more about QCI and how Qatalyst can deliver effects for your business today, visit www.quantumcomputinginc.com.
About Quantum Computing Inc.
Quantum Computing Inc. (QCI) (NASDAQ: QUBT) is a complete-spectrum quantum software and components firm on a mission to accelerate the value of quantum computing for genuine-earth business solutions. The firm just lately introduced its intent to purchase QPhoton, a quantum photonics innovation firm that has developed a series of quantum photonic systems (QPS). The blend of QCI’s flagship prepared-to-operate program products, Qatalyst, with QPhoton’s QPS, sets QCI on a path to offering a broadly available and cost-effective comprehensive-stack quantum answer that can be made use of by non-quantum industry experts, everywhere, for authentic-planet industry apps. QCI’s skilled staff in finance, computing, security, arithmetic and physics has above a century of knowledge with complicated systems from main edge supercomputing, to massively parallel programming, to the security that shields nations. Connect with QCI on LinkedIn and @QciQuantum on Twitter. For additional information and facts about QCI, check out www.quantumcomputinginc.com.
Important Cautions Pertaining to Forward-Wanting Statements
This press launch includes forward-wanting statements as outlined inside of Portion 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. By their mother nature, forward-searching statements and forecasts require hazards and uncertainties mainly because they relate to activities and rely on situation that will happen in the in close proximity to potential. Those statements incorporate statements with regards to the intent, perception or existing expectations of Quantum Computing Inc. (the “Company”), and associates of its administration as perfectly as the assumptions on which such statements are primarily based. Possible traders are cautioned that any these kin
ds of forward-looking statements are not guarantees of foreseeable future functionality and involve challenges and uncertainties, and that real benefits may possibly vary materially from those people contemplated by these types of forward-hunting statements.
Statements in this press release that are not descriptions of historical information are forward-seeking statements relating to foreseeable future activities, and as this kind of all ahead-on the lookout statements are built pursuant to the Securities Litigation Reform Act of 1995. Statements may possibly incorporate particular ahead-hunting statements pertaining to upcoming anticipated or projected strategies, general performance and developments, as perfectly as other statements relating to long run operations and results. Any statements in this push launch that are not statements of historical truth may perhaps be thought of to be ahead-on the lookout statements. Terms this kind of as “may well,” “will,” “expect,” “imagine,” “foresee,” “estimate,” “intends,” “aim,” “objective,” “look for,” “attempt,” “aim to,” or versions of these or identical words and phrases, establish ahead-wanting statements. These kinds of statements consist of statements relating to the Company’s skill to consummate its planned acquisition of QPhoton, the expected gains of these acquisition, and the Company’s capacity to productively create, marketplace and offer its products. Things that could trigger actual outcomes to differ materially from all those in the forward-seeking statements contained in this push launch incorporate, but are not minimal to, the parties’ likely inability to consummate the proposed transaction, such as as a outcome of a failure to satisfy closing conditions to the proposed transactions hazards that QPhoton will not be built-in efficiently failure to comprehend predicted added benefits of the put together functions probable litigation relating to the proposed transaction and disruptions from the proposed transaction that could damage the Company’s or QPhoton’s business potential to retain vital personnel the probable impression of announcement or consummation of the proposed transaction on interactions with 3rd events, together with buyers, personnel and competitors disorders in the funds markets and individuals hazards described in Merchandise 1A in the Company’s Once-a-year Report on Form 10-K for the yr finished December 31, 2021, which is expressly incorporated herein by reference, and other factors as may periodically be described in the Company’s filings with the SEC. The Enterprise undertakes no obligation to update or revise ahead-on the lookout statements to reflect changed conditions.
Qatalyst™ is the trademark of Quantum Computing Inc. All other emblems are the property of their respective house owners.
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