LightSolver Selected by Airbus and BMW Group as a Finalist in Quantum Computing Challenge
July 01 2024 - 8:25AM
LightSolver, creator of a new laser-based computing paradigm, today
announced its selection as a finalist for the Airbus and BMW Group
Quantum Computing Challenge (ABQCC). The challenge seeks to
accelerate progress in leveraging quantum and quantum-inspired
technologies for industrial applications.
Out of 100 detailed proposals, LightSolver is one of 15
finalists representing companies, universities, and research and
technology organizations around the world. Finalists will implement
and demonstrate their innovative solutions by applying datasets
from Airbus and BMW Group.
In Phase I of the challenge, technology companies were invited
to identify and submit new approaches for addressing real-world
mobility problems. Finalists selected for Phase II will get to put
their approaches to the test, solving four use cases focused on
sustainability, safety, automated driving, and logistics.
LightSolver will use its laser-based computing system, which
harnesses the unique properties of light to provide
high-performance computing power capable of solving complex
computational problems. Mimicking some quantum effects, the system
scans multiple possibilities at once. Processing in parallel, it
overcomes the performance barriers of electronics to execute
mathematical operations at unprecedented speed, challenging its
quantum and supercomputer counterparts.
“Enterprises are increasingly seeking new and innovative
solutions to solve complex problems and optimize their business
operations,” said LightSolver CEO and co-founder Ruti Ben-Shlomi,
Ph.D. “We commend Airbus and BMW for encouraging innovators to
develop new approaches to overcome the limitations of today’s
computing methods. We have great confidence in the potential of
laser-based technology and are excited to demonstrate its ability
to solve real-world optimization problems today.”
For more information on LightSolver, please visit
lightsolver.com.
About LightSolverLightSolver has successfully
harnessed the unique physical properties of light to develop the
first pure laser-based processing unit (LPU), an innovative
computing method that is poised to outpace and outperform quantum
and supercomputers. It utilizes all-optical coupled lasers that
require no electronics to compute, enabling it to be as small as a
traditional desktop computer while offering unrivaled scalability,
low power requirements, and room temperature operation. Dr. Ruti
Ben-Shlomi and Dr. Chene Tradonsky, physicists from the
world-renowned Weizmann Institute, founded the company in 2020.
More than 2/3 of the team are math and physics PhDs. LightSolver
has secured investment from TAL Ventures, Entree Capital, IBI Tech
Fund, and Angular Ventures. Connect with LightSolver
on Twitter and on LinkedIn. For more information,
visit lightsolver.com.
Media Contact:Seth MenackerFusion
PRlightsolver@fusionpr.com