Our point of view and announcements from the field.

Fall 2016 West Coast Optimization Meeting

September 16, 2016

1QBit is proud to sponsor the West Coast Optimization Meeting (WCOM) to be held on October 1, 2016 at the University of British Columbia, Vancouver. The meeting takes place twice a year and brings together researchers and practitioners interested in the theory and applications of optimization. WCOM has a long tradition of being small, informal, informative, and free for attendees. Notable speakers this fall include John Duchi from the Department of Computer Science at Stanford. John is known for, among other things, the AdaGrad algorithm which has some intriguing theoretical properties and is one of the most popular stochastic gradient variants for training deep neural networks.

WCOM registration and schedule

Quantum Computing: Implications for Portfolio Managers

August 23, 2016

What are the implications of quantum-based technology for portfolio managers and others working in the field of computational finance? This article released by the Journal of Investing, written by 1QBit’s Dr. Phil Goddard, introduces some of the fundamental concepts of quantum computing and presents an example of using a quantum annealer to solve a multiperiod portfolio optimization problem.

Journal of Investing article

Insights from Inside the Annual Adiabatic Quantum Computing Conference at Google

July 4, 2016 At the end of June, several members of the 1QBit team headed to the Google’s Los Angeles campus for the annual adiabatic quantum computing (AQC) conference. 1QBit’s was selected to present our research on the IQPVAR method for boosting the success probability of quantum annealers, alongside other presenters including Hartmut Neven, Sergio Boixo, and …

1QBit Presenting at AQC at Google Los Angeles

June 20, 2016

1QBit will be presenting on June 29, 2016 at the Adiabatic Quantum Computing (AQC) conference to be held at Google Los Angeles. Researcher Gili Rosenberg’s talk titled “Boosting quantum annealer performance via quantum persistence” will outline a new method of using a quantum annealer developed by 1QBit’s research team that significantly improves success metrics, when compared with calling the quantum annealer alone, even when using fewer annealing cycles. Use of the method results in a considerable improvement even for problems with high-precision couplers and biases. 1QBit will be presenting alongside notable speakers who include Hartmut Neven, Sergio Boixo, John Martinis and Vasil Denchev (Google), Helmut Katzgraber (Texas A&M), Andrew King (D-Wave), and Alejandro Perdomo-Ortiz (NASA).

AQC conference and program   |   Presentation video

Japan’s Nikkei Computer Interview with Landon Downs on Quantum Computing via Quantum Annealing and What’s Next for Quantum Software

May 31, 2016 1QBit co-founder and President Landon Downs was interviewed by Nikkei Computer during the 2016 Canadian-Japanese Scientific & Cultural Exchange Meeting on Quantum Computing via Quantum Annealing, which is taking place on May 30 – 31, 2016, in Tokyo. Nikkei Computer: What is the latest general business situation of D-Wave & 1QBit? Landon …

1QBit to Present at 2016 Canadian-Japanese Scientific and Cultural Exchange Meeting on Quantum Computing via Quantum Annealing

May 22, 2016

Given the rich heritage Canadian and Japanese scientists have in quantum annealing, the Embassy of Canada in Japan and the Government of the Province of British Columbia have announced a Scientific and Cultural Exchange Meeting on the topic of “Quantum Computing via Quantum Annealing”. The meeting is designed to foster closer ties between Canada and Japan in the interest of exploring the application of quantum annealing to challenging computational problems and to stimulate future developments of this exciting technology. There will be presentations by senior Canadian and Japanese government officials, representatives from Canadian companies including the CEO of D-Wave Systems and the President of 1QBit, as well as academics from Canadian and Japanese institutions with an interest in quantum computing.

Conference overview   |   Conference programme

1QBit to Represent the Most Innovative Technology in B.C. at Korea Technology Investment Seminar

May 20, 2016

1QBit has been invited as one of five companies from British Columbia to represent the innovation and opportunities that exist for Korean investors in B.C. 1QBit President Landon Downs will speak alongside fellow founders Igor Smirnoff of PressReader and Howard Donaldson, CFO of VanEdge Capital, on a panel moderated by John C. H. Kim, Partner, Fasken Martineau following the opening remarks of Hon. Christy Clark, Premier of B.C. The meeting will take place on Wednesday, May 25, 2016 at the Four Seasons Hotel in Seoul.

B.C. Office of the Premier post on B.C. Asia Trade Mission

Q&A on Financial Quantum Computing with Marcos López de Prado

May 11, 2016

1QBit Advisor Marcos López de Prado (Guggenheim Partners, Berkeley National Lab, Quantum for Quants) responded to questions today on quantum computing and finance at this year’s Global Derivatives quantitative finance conference in Budapest. He discussed how quantum computing can provide an edge over competition, and identified some immediate practical quantum computing applications in finance, among them option pricing of derivatives and multi-horizon portfolio optimization intractable to today’s supercomputers.

Q&A at Quantum for Quants link   |   Quantum for Quants website

Quantum Computing for Quantitative Finance: Online Community Launched by 1QBit, D-Wave Systems, and World’s Top Finance Experts

May 10, 2016

In a joint press release by 1QBit, D-Wave Systems, and financial industry experts, including Marcos de López de Prado, Senior Managing Director at Guggenheim Partners and a Research Fellow at Lawrence Berkeley National Laboratory’s Computational Research Division, the joint launch of the Quantum for Quants online community was announced today at the Global Derivatives Trading & Risk Management conference in Budapest. Quantum for Quants is a community designed specifically for quantitative analysts and other experts focused on complex problems in finance. The 1QBit team is excited to see the ideas that the community generates, especially ones that result from community members’ exploration of the interactive notebook the team has released through its website. The interactive notebook offers a sample of the functionality and capabilities made possible by 1QBit’s quantum-ready software development kit.

Sharing the tools we’ve built [through the interactive notebook] with the community will create a better understanding of how quantum computing can be applied to finance, and in turn will inspire the development of additional tools that enable these new applications.”

– Landon Downs, President and Co-founder, 1QBit, in press release

When we find problems being discussed and vetted in the [Quantum for Quants] forums that we believe are a good fit for D-Wave’s quantum technology, we can identify them as candidates for transition from the simulators to a D-Wave system.”

– Vern Brownell, CEO, D-Wave Systems, in press release

Quantum for Quants website   |   Interactive notebook for 1QBit’s SDK |   Press Release