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The latest news coverage of 1QBit and quantum technology.

Dow and 1QBit Announce Collaboration Agreement on Quantum Computing

June 21, 2017
Agreement explores benefits of quantum computing in materials science innovation
MIDLAND, Mich. – June 21, 2017 – The Dow Chemical Company (NYSE: DOW) and 1QB Information Technologies (1QBit) announced today a collaboration agreement to develop quantum computing tools for the chemicals and materials science technology spaces. By combining Dow’s unique innovation capabilities with 1QBit’s leading expertise in the development of applications for quantum computing, the two companies will accelerate the deployment of quantum computing across a range of applications relevant to the chemical sector.
“Our preliminary work with 1QBit has been very encouraging,” said A.N Sreeram, senior vice president, R&D, and chief technology officer for Dow. “Together with 1QBit, we have achieved ‘proof of concept’ for the application of quantum computing in areas relevant to Dow. With this new, multi-year agreement, we intend to develop a robust capability in the quantum computing space, further advancing our world-class innovation capabilities and maximizing shareholder return.”
The collaboration will augment Dow’s discovery process by building strong fundamental understanding of new chemicals and materials. The combination of next-generation computational methodologies with experimental design will drive new acceleration of product and process development.
“We are pleased to be working with Dow on leading-edge quantum computing software development for the material sciences,” said Andrew Fursman, chief executive officer for 1QBit. “Dow brings a powerful science machine and global market access in the chemical and materials sectors. We have been very impressed with the quality of the opportunity uncovered in the initial phases of this collaboration.”
The mission of 1QBit is to apply breakthroughs in computation to machine intelligence and optimization science through a widely accessible, hardware-agnostic software platform. Over the last four years, 1QBit has developed new methods for machine learning, sampling, and optimization based on reformulating problems to meet the unique requirements of interfacing with quantum computers and leveraging their capabilities.
“We continue to push technology to the next level,” said Keith Watson, vice president, Core R&D, for Dow. “This collaboration will allow Dow to bring forward breakthrough innovations that solve complex problems and serve our markets.”
The terms of the agreement were not disclosed.
About Dow
Dow (NYSE: DOW) combines the power of science and technology to passionately innovate what is essential to human progress. The Company is driving innovations that extract value from material, polymer, chemical and biological science to help address many of the world’s most challenging problems, such as the need for fresh food, safer and more sustainable transportation, clean water, energy efficiency, more durable infrastructure, and increasing agricultural productivity. Dow’s integrated, market-driven portfolio delivers a broad range of technology-based products and solutions to customers in 175 countries and in high-growth sectors such as packaging, infrastructure, transportation, consumer care, electronics, and agriculture. In 2016, Dow had annual sales of $48 billion and employed approximately 56,000 people worldwide. The Company’s more than 7,000 product families are manufactured at 189 sites in 34 countries across the globe. References to “Dow” or the “Company” mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted. More information about Dow can be found at www.dow.com.
About 1QBit
1QBit is dedicated to building quantum and quantum-inspired software to solve the world’s most demanding computational challenges. The company’s hardware-agnostic platforms and services enable the development of applications which scale alongside the advances in both classical and quantum computers. 1QBit partners with Fortune 500 clients and leading hardware providers to redefine intractable industry problems in the areas of optimization, simulation, and machine learning. Headquartered in Vancouver, Canada, 1QBit’s interdisciplinary team of 50 comprises mathematicians, physicists, chemists, software developers, and quantum computing experts who develop novel solutions to problems, from research through to commercial application development. For more information about 1QBit, visit: 1qbit.com.

Press Contact:

Jarrod Erpelding
+1 989 633 1863

Christy English
+1 989 638 4286

Amanda Downs
+1 778 987 8191


Accenture Labs and 1QBit Work with Biogen to Apply Quantum Computing to Accelerate Drug Discovery

June 14, 2017 Quantum computing has potential to transform traditional R&D drug discovery process, improve speed and productivity, significantly reduce costs, accelerate new therapies for patients SAN FRANCISCO; June 14, 2017 – Accenture (NYSE: ACN) and quantum software firm 1QBit collaborated with Biogen to develop a first-of-its-kind quantum-enabled molecular comparison application that could significantly improve advanced …

WSJ: Accenture, 1QBit and Biogen POC Shows Quantum Computing May Speed Drug Discovery

June 13, 2017
The Wall Street Journal CIO Journal covers biotechnology company Biogen Inc.’s completed proof of concept experiment with Accenture Labs and 1QBit, which shows that the resulting quantum-enabled methods have the potential to speed up drug discovery for diseases such as multiple sclerosis, Alzheimer’s and Parkinson’s.

“After a two-month proof-of-concept test that took place earlier this year, researchers found that the quantum-enabled method allowed Biogen to more accurately compare molecular structures and get more information about the comparisons than any of its existing methods.

The structure of molecules, in addition to their chemical features, can be used to predict both positive effects of specific drugs, as well as the negative effects, such as the toxicity of a molecule.

With these more accurate comparison tools, Biogen will be able to cut expenses of screening different molecules for use in pharmaceuticals, because a more accurate initial comparison of molecules reduces the amount of trial, error and cost that is spent on drug development in the lab.”


The article goes on to explain that computing molecular matches at scale using a quantum computer is not possible just yet because of the limitations of current quantum processors. The number of qubits created by quantum hardware developers to date remains relatively small, meaning experiments are currently limited to a narrow swath of information.
However, the benefit of the quantum-enabled method developed is that right now, it provides Biogen with more information than existing methods when run on state-of-the-art classical processor, and it will continue to deliver more information for larger problems when used with quantum-computers as they scale.
As quantum computers become more sophisticated and scale to larger, more connected qubits, which this article notes is perhaps as soon as 2018, Biogen will be in a position to immediately harness this technology to speed up drug discovery.

WSJ, CIO Journal – Quantum Computing May Speed Drug Discovery, Biogen Test Suggests  

Bloomberg: Quantum Computing Might Be Here Sooner Than You Think

June 13, 2017
Bloomberg Markets covers the latest advancements in quantum hardware being developed by IBM, Google, Microsoft and Rigetti, and 1QBit’s early and continued leadership in the development of industry applications that can harness the increasing capabilities of quantum computation.

“Landon Downs, president and co-founder of 1QBit, says it’s now becoming possible to unlock the computational power of the quantum world. “This has huge implications for producing new materials or creating new drugs, because we can actually move from a paradigm of discovery to a new era of quantum design,” he says in an email.

Rigetti, whose company is building hybrid ­quantum-classical machines, says one moonshot use of quantum computing could be to model catalysts that remove carbon and nitrogen from the atmosphere—and thereby help fix global warming.”


Bloomberg – Quantum Computing Might Be Here Sooner Than You Think 

Fujitsu and 1QBit Collaborate on Quantum Inspired AI Cloud Service

May 15, 2017
The combination of Fujitsu’s digital annealer hardware and 1QBit’s software will enable advances in machine learning and large-scale optimization problems.
Vancouver, Canada and Tokyo, Japan — Fujitsu Limited and 1QB Information Technologies Inc. (1QBit) announced that starting today they will collaborate on applying quantum-inspired technology to the field of artificial intelligence (AI), focusing on the areas of combinatorial optimization and machine learning. The companies will work together in both the Japanese and global markets to develop applications which address industry problems using AI developed for use with quantum computers.
This collaboration will enable software developed by 1QBit for quantum computers to run on a “digital annealer” jointly developed by Fujitsu Laboratories Ltd. and the University of Toronto. A digital annealer is a computing architecture that can rapidly solve combinatorial optimization problems using existing semiconductor technology.
Over the last four years, 1QBit has developed new methods for machine learning, sampling, and optimization based on reformulating problems to meet the unique requirements of interfacing with quantum computers. The company’s research and software development teams have focused on solving sampling, optimization, and machine learning problems to improve applications in industries including finance, energy, advanced materials, and the life sciences. The combination of Fujitsu’s cutting-edge computer architecture and hardware technology, and 1QBit’s software technology, will enable advances in machine learning to solve complicated, large-scale optimization problems.
Fujitsu has systematized the technology and its experience with AI under the name of Zinrai, which has developed over the course of more than thirty years. The platform will support customers in using AI and will be available as the Fujitsu Cloud Service K5 Zinrai Platform Service. Fujitsu will offer the results of this collaboration as an option in the Fujitsu Cloud Service K5 Zinrai Platform Service Zinrai Deep Learning, a Zinrai cloud service, during 2017.
In the future, the two companies will provide a variety of services that combine 1QBit’s software and expertise in building applications which benefit from the capabilities of quantum computers, with Fujitsu’s hardware technology, its customer base – the largest in Japan – and its versatile ICT capabilities, including AI. The partnership aims to contribute to the creation of new businesses and the transformation of existing businesses by introducing new solutions to the computational challenges facing customers in a variety of fields, including finance, the life sciences, energy, retail, and distribution.
Related Website: Fujitsu Laboratories Develops New Architecture that Rivals Quantum Computers in Utility 
About 1QBit
1QBit is dedicated to building quantum and quantum-inspired software to solve the world’s most demanding computational challenges. The company’s hardware-agnostic platforms and services enable the development of applications which scale alongside advances in both classical and quantum computers. 1QBit partners with Fortune 500 clients and leading hardware providers to redefine intractable industry problems in the areas of optimization, simulation and machine learning. Headquartered in Vancouver, Canada, 1QBit’s interdisciplinary team of 50 comprises mathematicians, physicists, chemists, software developers and quantum computing experts who develop novel solutions to problems, from research through to commercial application development.  For more information, please visit http://1qbit.com.
About Fujitsu
Fujitsu is the leading Japanese information and communication technology (ICT) company offering a full range of technology products, solutions and services. Approximately 155,000 Fujitsu people support customers in more than 100 countries. We use our experience and the power of ICT to shape the future of society with our customers. Fujitsu Limited (TSE: 6702) reported consolidated revenues of 4.5 trillion yen (US$40 billion) for the fiscal year ended March 31, 2017. For more information, please see http://www.fujitsu.com.

Press Contact

Amanda Downs
+1 778 987 8191


The Economist Technology Quarterly: Quantum Technologies and Their Applications

March 9, 2017
The Economist Technology Quarterly Q2 is focused on Quantum Technology and its applications such as a global network of communications links whose security is underwritten by unbreakable physical laws, sensors that can spot hidden nuclear submarines, and computers and software that can discover new drugs, revolutionise securities trading and design new materials.
Referencing a 2015 study by McKinsey, the piece highlights that there are 7,000 people worldwide with combined budget of $1.5bn working on quantum-technology research, 100€m of which comes from Canada.

“It doesn’t help to have a quantum computer if no one knows how to program it.”

– Tim Polk, The White House Office of Science and Technology Policy

Although academic efforts to build quantum-computer hardware have been going on for two decades, until recently, comparatively little has been done to develop the software needed to run the machines when they come. That is changing, because in the past few years it has become clear that these machines are getting closer. Two parallel efforts are under way. One is to create software as generally understood—the graphical interfaces, programming languages and so on, a kind of “Windows for quantum”. The other is to develop novel algorithms, step-by-step instructions that break down problems into discrete parts amenable to quantum computing.
Innovation abounds in both camps, and among big tech firms as well as plucky startups. Some big players are working on both sides of the problem, and a growing ecosystem of quantum-friendly consultancies advises companies on what quantum computing might do for them.
The article goes on to highlight the new role companies such as 1QBit are playing between the quantum experts and industry, examining whether and how a given firm’s business might be improved by quantum methods, for example optimising trading strategies or supply chains, or monitoring network activity to spot cyber-attacks.

“By taking the lens of how you would formulate an algorithm on a quantum computer you often find very good improvements on classical algorithms, that’s where a lot of our successes comes from.”

– Landon Downs, President of 1QBit


The Economist Technology Quarterly – Quantum technology is beginning to come into its own

NQIT Report: Commercial Prospects for Quantum Computing

January 19, 2016
The Networked Quantum Information Technologies Hub, the largest of the four Hubs in the UK National Quantum Technology Programme, released their first issue of a new market report “Commercial Prospects of Quantum Computing”, which reviews current commercial activity in quantum computing around the world. The report covers commercial investment in quantum computing, the current market and research status and public perceptions of this new technology.
“The disruptive potential of quantum computing is attracting growing interest and substantial investment from industry and governments globally. This is happening despite the understanding that a universal quantum computer is still years away from being commercially available. Andrew Lockley writing for Exponential Investor, an online resource for technology investment, puts the case for quantum computing:

‘There’s a revolution coming in computing that has the power to disrupt society just as fundamentally as the first information revolution. This new generation of computers aren’t just faster or better – they’re completely, radically, different.’

Some businesses are currently preparing themselves for the impact of quantum computing when it does arrive. The Commonwealth Bank of Australia (CBA) is one such institution which is investing heavily in quantum computing. CBA’s Executive Manager of Technology Innovation, Dilan Rajasingham, succinctly said:

‘We’re not going to wait for the machine.’

RBS Silicon Valley Solutions, part of the Royal Bank of Scotland Group, is an investor in 1QBit, a Canadian quantum software company. In January 2016, Head of RBS Silicon Valley Solutions, John Stewart, explained:

“The reason we invested was that we felt this was one of a fairly small number of cases where a technology was potentially so disruptive and so difficult to access, that making an investment and securing either a board seat or a board observer seat would give us a strategic advantage in exchange for a modest outlay.’ ” 

NQIT Commercial Prospects for Quantum Computing Report

Microsoft moves from pure research to begin engineering a topological quantum computer

November 21, 2016
Microsoft is doubling down on its commitment to the field of quantum computing, making a strong bet that it is possible to create a scalable quantum computer using what is called a topological qubit. Longtime Microsoft executive Todd Holmdahl will lead the scientific and engineering effort to create scalable quantum hardware and software. He believes the company’s long investment in quantum research has been fruitful enough that there’s a clear roadmap to a scalable quantum computer.

“I think we’re at an inflection point in which we are ready to go from research to engineering. None of these things are a given, but you have to take some amount of risk in order to make a big impact in the world, and I think we’re at the point now that we have the opportunity to do that.”

– Todd Holmdahl, Vice President of Microsoft Quantum Program

Microsoft hopes to create dependable tools that scientists without a quantum background can use to solve some of the world’s most difficult problems. By doing that, they believe they will help usher in a “quantum economy” that could revolutionize industries such as medicine and materials science.

NY Times: Microsoft Spends Big to Build a Computer Out of Science Fiction  |  Microsoft Blog Post

The Robots Are Coming

October 7, 2016
The World Economic Forum’s Economic Summit India was host to many conversations on the future of technology and its implications on the India and global workforce. Central to this dialogue was the panel session on India’s Fourth Industrial Revolution moderated by Time Magazine’s Nikhil Kumar, with the Minister of Railways, Suresh Prabhakar Prabhu, GE Vice-Chairman John Rice, Pranay Jivrajka from Ola Cabs, and Landon Downs, President of 1QBit.
Mint, one of India’s business daily newspapers, covered panelists’ views on robots, big data, and how our ability to manage data digitally will both disrupt current jobs and create new skilled services opportunities for India.  

“According to Landon Downs, president and co-founder, 1QB Information Technologies, as quantum computers mature, there is going to be a huge surge of demand for people who are going to programme those kinds of systems.

‘Today, since it is a relatively new field, there are very few people doing that. It presents tremendous opportunity for India’s population as it has a very large IT-savvy workforce. If they engage with things like big data and quantum computing, they can really create a lot of opportunities,’ he said.”

– Armit Raj, The robots are coming, warns Suresh Prabhu, Mint

Mint Article: The Robots are coming, warns Suresh Prabhu  |  WEF India’s Fourth Industrial Revolution Panel Video 

D-Wave Will Ship a 2000-Qubit Quantum Computer Next Year

September 27, 2016
D-Wave announced at the company’s inaugural users group conference in Santa Fe, New Mexico that it will start shipping a quantum computer with 2000 qubits next year. This is twice the size of its current 1000-qubit D-Wave 2X. The 2000-qubit quantum computer is said to be 500 to 1000 times faster than its predecessor. D-Wave’s senior vice president of systems, Jeremy Hilton, said an even larger quantum computer based on a whole new processor design will come out two to three years later.
D-Wave Press Release  |  PC World News Article

Google Sprints Ahead in AI Building Blocks by Giving Away TensorFlow

July 18, 2016
Google’s TensorFlow software simplifies the programming of key systems that underpin artificial intelligence. By making this for the most part open and free, Google has created a lead in the space which will be very difficult for their competitors to close despite only having a six-month head start.
Google uses TensorFlow to help make its products smarter and more responsive, and now these same tools are making it dramatically easier for other companies to create computer programs that learn and improve automatically.
Since its emergence, TensorFlow has become the most popular AI programming project on software code sharing service GitHub, leapfrogging over well-regarded systems created by universities and corporate rivals, according to data gathered by Bloomberg.

“Google made the software free so it could give the community a useful tool ‘and everyone could standardize on that,’ said Corrado, a senior research scientist at Google. ‘In a giant green field, trying to build a fence around the next blade of grass is really absurdist. It’s really better to help everybody run into that field.’ ”


Bloomberg Article


The Top 10 Emerging Technologies in 2016 according to WEF and Scientific American

June 27, 2016
The World Economic Forum’s Meta-Council on Emerging Technologies published its list of the top 10 emerging technologies in 2016. Included are a diverse range of breakthrough technologies, from batteries capable of providing power to whole villages, to “socially aware” artificial intelligence and new generation solar panels, that could soon be playing a role in tackling the world’s most pressing challenges.
Following the list’s release, China-based news platform Jiemian interviewed 1QBit’s CEO Andrew Fursman to get his perspective on these emerging technologies, the promise of an Open AI Ecosystem, and the Chinese technology investment field.

“Andrew Fursman, CEO and co-founder of 1QBit, which is also a Technology Pioneer of the World Economic Forum, said in the new top 10 emerging technologies of 2016, the commercial use of “Open AI Ecosystem” is very promising. “AI is very user-friendly, it’s more natural and convenient for people to communicate without professional learning skill of knowledge.”

Fursman believes that although the emerging technology is becoming increasingly diverse, the Chinese technology and investment field, as well as the communication and development of this technology will be become more smooth. “In the past, only foreign capital would invest in Chinese technology industry. Today, there are more investments in technology from other regions and Chinese investment is becoming very active in this. The fusion of technologies between different countries and regions are becoming easier.”

– Lin Jiawen, Interface technology reporter stationed in Beijing, Jiemian.com

Jiemian Article: 2016年度十大新兴技术出炉 你最看好哪个?

Quantum Computing: Superconducting the Future

June 5, 2016
John Stackhouse, Senior Vice-President at RBC, expands on the discussion held at the #RBCDisruptors panel on quantum computing between Rumi Morales, who runs the venture capital wing of CME Group, Murray Thom, director of professional services at D-Wave, and Andrew Fursman, CEO of 1QBit.

Mr. Stackhouse’s take-away message: “Canada is leading the way in a new form of computing based on quantum mechanics that has the potential to change everything from portfolio management to cancer research to fantasy football.”

Post by John Stackhouse

European Commission Announces €1 Billion Quantum Technologies Initiative

April 21, 2016
Nature News discusses the European Commission’s €1 billion quantum technologies initiative. The initiative, which will be similar in size and timescale to Europe’s previous flagship projects, the Graphene Flagship and the Human Brain Project, will include support for near-to-market systems such as quantum simulators and longer term projects such as all-purpose quantum computers.

Nature News article

Inside Davos 2016: Three Lessons from the World Economic Forum

February 8, 2016
The Fourth Industrial Revolution was the theme for discussions that took place between the world’s most influential economic, political, and industry players during the World Economic Forum’s Annual Meeting in Davos. The main stage presentations and resulting dialogue focused on the real implications of the effect that radical technological progress will have on our society. As one of 49 companies selected as this year’s World Economic Forum Technology Pioneers, 1QBit CEO Andrew Fursman participated in these conversations through presentations and panels focusing on how science will save us and the role Canada will play in developing innovative solutions. Singularity University shares Fursman’s insider perspective on the awareness world technology leaders have about disruptive technologies; the urgency of preparation to be able to handle disruptive change; and Canada’s booming role in technological innovation, a point of view bolstered by Prime Minister Justin Trudeau’s opening address to the delegation.

Medium blog post

Google’s Upcoming Efforts in Quantum Computing

December 18, 2015
John Martinis, a professor of physics at the University of California, Santa Barbara, and his quantum computing team teamed up with Google in 2014 and are making strides to accelerate the Martinis group’s efforts in superconducting quantum computing, according to an article in the MIT Technology Review. Google will be competing with improvements from D-Wave Systems, as well as efforts from substantial projects from Microsoft and IBM. “Martinis guesses that he can demonstrate a small but useful quantum computer in two or three years,” the article reads, stating also that Google’s internal time line estimates the group can make a universal quantum annealer with 100 qubits in about two years.

MIT Technology Review article

Quantum Annealing Results from Google

December 8, 2015
Google has crafted problems to demonstrate that quantum annealing can offer runtime advantages for hard optimization problems that are characterized by rugged energy landscapes with tall and narrow energy barriers.

UBC’s Quantum Matter Institute Awarded $65.5 million


July 30, 2015
The University of British Columbia’s (UBC) Quantum Matter Institute is the recipient of a $65.5-million investment from the Canada First Research Excellence Fund. The investment will enhance UBC’s standing as a global leader in quantum matter research and help connect research with industry, according to a press release issued today.

Press release

The Quantum Revolution

January 23, 2015
CBC News asks, “What is the most common misconception about quantum computing?”

New Superposition Records


October 12, 2014
Two distinct types of qubits, representing two pathways for building a quantum computer in silicon, have been created that process quantum data with error rates lower than 1%. One team from UNSW Australia made a silicon “artificial-atom” qubit with a device similar to the transistors in consumer electronics, while another from the same university has achieved an accuracy approaching 99.99% with a two-qubit phosphorus atom. The phosphorus atom’s nucleus was able to store quantum information for an entire 30 seconds; the longer the coherence time, the more complex calculations can be.

“Preserving a ‘quantum superposition’ for such a long time, and inside what is basically a modified version of a normal transistor, is something that almost nobody believed possible until today.”

– Andrea Morello, Associate Professor, UNSW Australia School of Electrical Engineering and Telecommunications

Phys.org (formerly Physorg.com) article

D-Wave CEO on Quantum Computers’ Role in Finance and Drug Discovery


October 4, 2014
Vern Brownell, CEO of D-Wave Systems, answers questions about its customers and quantum machines’ readiness for real-world applications. Brownell highlights 1QBit’s work exploring and developing these applications and DNA-Seq’s efforts in cancer therapy.

“1QBit was started to use our quantum computer for financial services. They have 20 PhDs developing algorithms in portfolio optimization and things like that. If they find the amazing algorithm that is going to make tons of money for Wall Street traders, it’s their intellectual property, not ours.”

– Vern Brownell, CEO, D-Wave Systems

MIT Technology Review article

CNN Talks Supercomputing and Finance

October 3, 2014
In CNN’s story on portfolio optimization and risk management problems being “huge workloads” on Wall Street, D-Wave points to other areas of finance that could reap the rewards of quantum computing: developing trading strategies, mapping market correlations, pricing structured asset-backed securities, and capital project budgeting.

Quantum Computing and Cryptography

September 30, 2014
Brad Templeton, Board Member and Former Chair of the Electronic Frontier Foundation and the Track Chair for Computing at Singularity University, discusses the implications of a theoretical quantum computer that could crack current cryptographic methods by quickly solving the extremely difficult mathematical problems involved.

Lockheed Martin on Quantum Computing

February 18, 2013

Lockheed Martin gives a brief introduction to quantum computers and the problems they have the potential to solve. In partnership with the University of Southern California, Lockheed Martin has founded the USC-Lockheed Martin Quantum Computation Center.

Lockheed Martin video