ARMONK, N.Y.,
Sept. 18, 2019
/CNW/ -- Today, IBM
(NYSE: IBM)
announced the opening of the IBM Quantum
Computation Center in New York
State. The new center expands the world's largest fleet of
quantum computing systems for commercial and research activity that
exist beyond the confines of experimental lab environments. The IBM
Quantum Computation Center will support the growing needs of a
community of over 150,000 registered users and nearly 80 commercial
clients, academic institutions and research laboratories
to advance quantum computing and explore practical
applications.
The global community of users have run more than 14
million experiments on IBM's quantum computers through the cloud
since 2016, and published more than 200 scientific papers. To meet
growing demand for access to real quantum hardware, ten quantum
computing systems are now online through IBM's Quantum Computation
Center. The fleet is now composed of five 20-qubit systems, one
14-qubit system, and four 5-qubit systems. Five of the systems now
have a Quantum Volume of 16
– a measure of the power of a quantum computer –
demonstrating a new sustained performance
milestone.
IBM's quantum systems are optimized for the
reliability and reproducibility of programmable
multi-qubit operations. Due to these factors, IBM's systems
enable state-of-the-art quantum computational research with 95
percent availability.
Within one month, IBM's commercially available quantum
fleet will grow to 14 systems, including a new 53-qubit quantum
computer, the single largest universal quantum system made
available for external access in the industry, to date.
The new system offers a larger lattice and gives users the
ability to run even more complex entanglement and connectivity
experiments.
"Our strategy, since we put the very first
quantum computer on the cloud in 2016, was to move
quantum computing beyond isolated lab experiments conducted by a
handful of organizations, into the hands of tens of thousands of
users," said Dario Gil, Director of
IBM Research. "In order to empower an emerging quantum community
of educators, researchers, and software developers
that share a passion for revolutionizing
computing, we have built multiple
generations of quantum processor platforms that we integrate into
high-availability quantum systems. We iterate and improve the
performance of our systems multiple times per year and this new
53-qubit system now incorporates the next family of processors on
our roadmap."
Advances in quantum computing could open the door to
future scientific discoveries such as new medicines and materials,
vast improvements in the optimization of supply chains, and new
ways to model financial data to make better investments. Examples
of our work with clients and partners, include:
- J.P. Morgan Chase and IBM posted
on arXiv, Option Pricing using Quantum Computers, a methodology to
price financial options and portfolios of such options, on a
gate-based quantum computer. This resulted in an algorithm that
provides a quadratic speedup, i.e. whereby classically computers
need millions of samples, our methodology requires only a few
thousands of samples to achieve the same result, when comparing to
classical Monte Carlo methods.
This may allow financial analysts to perform the option pricing and
risk analysis in near real time. The implementation is available as
open source in Qiskit Finance.
- Mitsubishi Chemical, Keio University and IBM simulated the initial
steps of the reaction mechanism between lithium and oxygen in
lithium-air batteries. Available on arXiv,
Computational Investigations of the Lithium Superoxide Dimer
Rearrangement on Noisy Quantum Devices is a first step
in modeling the entire lithium-oxygen reaction on a quantum
computer. Better understanding this interaction could lead to more
efficient batteries for mobile devices or automotive
vehicles.
- The IBM Q Hub at Keio
University, in collaboration with their partners Mizuho
Financial Group, and Mitsubishi Financial Group
(MUFG) proposed in the arXiv
pre-print, Amplitude Estimation without Phase
Estimation, an algorithmthat reduces the
number of qubits and circuit length of an original methodology
proposed by IBM for quantum risk analysis in financial
applications.
To learn more about IBM Quantum, visit
www.ibm.com/ibmq.
Chris Nay
IBM Research Communications
cnay@us.ibm.com
1-720-349-2032
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SOURCE IBM