COLLEGE PARK, Md. & TORONTO — At present, IonQ, Inc. (NYSE: IONQ) introduced that it has acquired the working property of Entangled Networks, a Toronto-based firm targeted on enabling computing in a number of distributed quantum processors. The Entangled Networks crew will be a part of IonQ to launch IonQ Canada. This marks IonQ’s first enterprise acquisition.
The acquisition of Entangled Networks helps IonQ’s objective of growing quantum techniques that may help future quantum networks. IonQ’s personal quantum community {hardware} is at present beneath improvement, and IonQ expects to display an early model of a quantum community between two quantum computer systems in 2023.
“We consider IonQ is a transparent market chief in each business and system efficiency, so our crew may be very excited to affix forces,” mentioned Aharon Brodutch, co-founder and CEO of Entangled Networks. “We’re able to work on strengthening IonQ’s quantum computing options to deliver much more highly effective functions to our prospects.”
Classical supercomputers are made by inserting as many cores as potential on a single processor after which placing these processors/computer systems collectively. Functions are cut up throughout a number of cores and processors to distribute the workload, and networking is used to speak between numerous processors.
For quantum computing to scale considerably, they need to observe an identical sample. Future quantum computer systems will have to be constructed from a number of processors and networked collectively. However in contrast to the classical community, quantum computer systems permit entanglement between nuclei to create a single, very massive quantum pc. Quantum computer systems use the community for computing, not communication.
“The partnership with Entangled Networks furthers our objective of constructing IonQ the world’s greatest performing quantum computing firm,” mentioned Peter Chapman, President and CEO of IonQ. “In buying Entangled Networks property, IonQ will profit not solely from a number of the greatest specialists in quantum structure, but in addition from the software program instruments we plan to make use of to ship important velocity will increase in our system efficiency. We’re additionally excited for the opening of IonQ Canada. This growth is a improvement in Canada. It should assist us higher help the quantum computing group and additional our collaborations with IonQ companions and prospects.”
After a yr during which the quantum {industry} skilled large development, technological advances and international funding, IonQ has positioned itself as a pacesetter within the subject in offering highly effective and commercially accessible quantum techniques. Moreover, IonQ’s robust financials have helped us obtain our objective of attaining industry-first quantum analysis, {hardware} and software program achievements by attracting a number of the brightest minds from around the globe.
IonQ is understood for its industry-leading {hardware}. IonQ AryaThe world’s strongest quantum pc, with 25 algorithmic qubits. Aria is publicly accessible by way of Microsoft Azure and Dell Hybrid Quantum Computing Solution. Extra not too long ago, IonQ has additionally achieved a dominant place in quantum software program and has established software partnerships with prospects similar to: airbus, GEDow Chemistry and hyundai enginesand contracts with United States Air Force Research Laboratory and the College of Maryland.
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