In a significant boost to quantum computing innovation, BlueQubit Inc. and Quantum Art Ltd. have been awarded a $2.2 million grant from the Israel-U.S. Binational Industrial Research and Development (BIRD) Foundation. The two-year project aims to develop and optimize quantum machine learning algorithms and quantum processor configuration methods, with potential applications in finance, pharmaceuticals, image analysis, and security.
BlueQubit, a California-based company specializing in quantum software simulations, will collaborate with Quantum Art, an Israeli company developing scalable quantum computers based on trapped ion qubits. According to Hrant Gharibyan, CEO of BlueQubit, this synergy of software and hardware co-design will address key challenges and make quantum technology accessible to enterprise users. Tal David, CEO of Quantum Art, added that the project tackles the biggest challenges in quantum computing today – scaling up the technology and optimizing quantum algorithms for wide commercial viability.
Quantum Computing Innovation: A US-Israeli Partnership
The Israel-U.S. Binational Industrial Research and Development (BIRD) Foundation has awarded a grant to BlueQubit Inc. and Quantum Art Ltd. to develop and optimize quantum machine learning algorithms and quantum processor configuration methods. This collaboration, with a budget of $2.2 million over two years, aims to advance quantum computing innovation and make the technology accessible to enterprise users.
The project is one of six approved by the BIRD Foundation, focusing on quantum computing innovation. BlueQubit, a California-based company specializing in quantum software simulations, and Quantum Art, an Israeli company developing scalable quantum computers based on trapped ion qubits, will work together to create innovative algorithms and optimize quantum processor configurations. This partnership has the potential to accelerate advancements in various fields, including finance, pharmaceuticals, image analysis, and security.
The collaboration between BlueQubit and Quantum Art is expected to address key challenges in quantum computing, such as scaling up the technology and optimizing quantum algorithms for wide commercial viability. By aligning their quantum algorithms with Quantum Art’s scalable hardware, they can make quantum technology more accessible to enterprise users. This synergy of software and hardware co-design is crucial for advancing quantum machine learning.
The Role of BlueQubit and Quantum Art
BlueQubit Inc. is a company that specializes in managed quantum computing simulations. They offer a Quantum Software as a Service (QSaaS) platform, enabling customers to implement gate-based quantum algorithms on any hardware. This platform provides access to the latest QPUs and emulators, including NVIDIA GPU Emulators and QPUs from IBM, QuEra, and Quantinuum.
Quantum Art Ltd., on the other hand, develops highly parallelized reconfigurable multi-core quantum computers for leading organizations in industry, government, and academia. Their approach to scale-up enables handling high computational complexity problems with modest quantum resources, shortening the path to Quantum Advantage.
The BIRD Foundation: Fostering US-Israeli Collaboration
The BIRD Foundation funds and facilitates cooperation between U.S. and Israeli companies across a wide range of technology sectors. The Foundation supports projects without taking any equity or intellectual property rights. BIRD funding is repaid through royalties from sales of products that were commercialized with BIRD support.
This US-Israeli partnership exemplifies the BIRD Foundation’s mission to foster collaboration between companies driving technological innovation and economic growth, aligning with the growing global interest in quantum computing technology. The grant awarded to BlueQubit and Quantum Art is a testament to the Foundation’s commitment to supporting innovative projects that have the potential to transform industries.
The Future of Quantum Computing
The project undertaken by BlueQubit and Quantum Art has the potential to accelerate advancements in quantum computing, making it more accessible to enterprise users. By developing innovative algorithms and optimizing quantum processor configurations, they can address key challenges in the field and drive us towards Quantum Advantage.
As the global interest in quantum computing technology continues to grow, partnerships like this one will play a crucial role in driving innovation and economic growth. The BIRD Foundation’s support for this project is a step in the right direction, fostering collaboration between companies that are pushing the boundaries of what is possible with quantum computing.
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