With 2.5 quintillion bytes of data being generated each day, about 90% of all the data in the world has been created in just the last 2 years. At that pace, it's no wonder we haven't made much progress toward getting more out of this data deluge.
This is where things get interesting. Imagine my lack of surprise when I learned that Renaissance Technologies, DE Shaw, and Two Sigma—all well-known hedge funds—are now experimenting with quantum computing to give themselves an edge in trading.
Robert “Bo” Ewald leads D-Wave’s international business as President and has a long history leading technology organizations, government projects, and industry efforts. He's super impressive and a nice guy, which makes him a perfect person to ask about quantum computing.
This week I had the honor of attending former President Obama's inaugural Obama Foundation Summit. The event brought together civic innovators, young leaders, and everyday citizens who are interested in changing the world. It also inspired me to build a better quantum community.
Earlier this week I wrote about the massive new 92-acre, $10-billion research center for quantum information science that China's is building in Hefei, Anhui Province. The effects of China leading quantum technology development are chilling to many in the U.S. research community.
If you keep up with the quantum computing news, you know China has huge quantum goals. Now they're backing them up with a $10-billion "National Laboratory for Quantum Information Sciences," a nearly 4-million-square-foot campus to drive their leadership in the quantum space.
The Eisenhower Fellowships selected the 11 American Fellows for 2018. And I'm thrilled to report I'm one of them! That's right, I am very proud that I have been chosen as a 2018 United States Eisenhower Fellow.
The incredible work scientists are doing in quantum computing blows me away every day. On Monday, Google announced the release of OpenFermion, a new open-source platform for chemists to compile, analyze and simulate chemistry problems on a quantum computer.
IBM has created a method for calculating quantum amplitudes using far less memory than current methods. Allowing the company to break the 49 qubit barrier and use a classical computer to simulate a quantum computer with 56 qubits. Read on to learn why I'm so excited about this.
Quantum computers are going to disrupt the financial industry in a number of ways. Quantum computers can run more powerful algorithms and analyze vastly larger data sets than their classical predecessors. That means they can break current encryption schemes.
We got some surprising news from Intel this week. In a press release, the chip king touted the successful fabrication of a 17-qubit superconducting chip by its quantum computing division. The chip is about the size of a quarter (closer to a half-dollar with the packaging).
There is far too much hyperbole out there about quantum computing's impact on security and encryption. And that means something coming from me, cause you know I'm a homer. I get that people are alarmed, but many times the people talking about the topic have no expertise at all.