NEWS

NatWest can now decide the composition for the bank’s £120bn HQLA portfolio faster and more accurately using 1QBit software and the Fujitsu Digital Annealer. NatWest recently began testing with 1QBit algorithms and the Fujitsu Digital Annealer in order to solve a complex and computationally intensive problem. The first experiment involved applying this new technology to a common, but highly...

1QBit is pleased to be one of the leading startups partnering with Rigetti Computing, an innovative quantum computing company which shares our vision of solving humanity’s greatest problems. As a Developer Partner, 1QBit will receive priority access to Rigetti’s Quantum Cloud Services platform and dedicated Quantum Machine Images to build, maintain, and distribute our applications to the broader...

Germany’s Helmholtz Association centres DESY and Forschungszentrum Jülich, and Canada’s TRIUMF, TRIUMF Innovations, D-Wave Systems Inc., and 1QBit have signed a Memorandum of Understanding (MOU) to jointly establish corresponding Canadian and German quantum computing and machine learning networks and to collaborate on applied quantum computing and machine learning initiatives of mutual interest....

On July 2, 2018, The United Nations Interregional Crime and Justice Research Institute (UNICRI) released this announcement about the strategic partnership between UNICRI and 1QBit to support the Centre on AI and Robotics. 1QBit is excited about this new partnership, and will provide support to the Centre as it designs, develops and implements activities and innovative tools to maximize the...

Siam Commercial Bank (SCB), through its financial technology subsidiary Digital Ventures, today announced a strategic investment in 1QBit that makes SCB the first bank in Southeast Asia to actively engage with quantum technology and its applications in financial services. With this investment, SCB joins 1QBit’s growing group of industry partners focused on applying new types of hardware to their...

1QBit is pleased to be one of the first startups to join the IBM Q Network. Launched in December 2017, the IBM Q Network is a global community of leading Fortune 500 companies, academic institutions, startups, and national research labs that explores practical applications for quantum computing. 1QBit and other members can access IBM quantum computing hardware to run experiments and algorithms,...

November 28, 2017 Accenture (NYSE: ACN) has made a minority investment in 1QBit, a leading quantum computing firm based in Vancouver, British Columbia, through Accenture Ventures. The move will help Accenture expand its capabilities in quantum computing analytics, heralding a new era of intelligence for businesses and organizations.  “By strengthening our relationship with 1QBit, Accenture has a...

August 23, 2017 IEEE announced the approval of the IEEE P7130—Standard for Quantum Computing Definitions project. The new standards project aims to make Quantum Computing more accessible to a larger group of contributors, including developers of software and hardware, materials scientists, mathematicians, physicists, engineers, climate scientists, biologists and geneticists. "While Quantum...

July 10, 2017 The Wall Street Journal interviewed 1QBit CEO Andrew Fursman to gain an understanding of 1QBit’s business model and role in the quantum ecosystem: "In this new model, vendors develop the quantum computing technology and specialist firms such as 1QBit build software and software extensions to make quantum computers accessible through traditional programming languages such as Python...