The 1QBit Blog

Kyle Mills’s Journey from Ph.D. Student to Being on the Cover of Nature Machine Intelligence

Kyle Mills’s Journey from Ph.D. Student to Being on the Cover of Nature Machine Intelligence

1QBit scientist Kyle Mills's research was recently featured in the September issue of Nature Machine Intelligence. The research discovered new ways to use reinforcement learning to find the ground states of spin Hamiltonians. Kyle worked with Pooya Ronagh, Head of the Hardware Innovation Lab at 1QBit, and Isaac Tamblyn from the National Research Council of Canada. “We knew reinforcement learning...

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Empowering the Next Generation of Young Female Innovators

Empowering the Next Generation of Young Female Innovators

October 13, 2020 is Ada Lovelace Day, in honour of the English mathematician and writer who is often referred to as the first computer programmer. Designed to celebrate women, advocates, and educators in science and technology, Ada Lovelace Day seeks to combat the invisibility that often plagues women in STEAM (science, technology, engineering, art/design, and mathematics). A lack of female role...

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How Will an October Surprise Affect the US Economy?

How Will an October Surprise Affect the US Economy?

What 10-Year Treasury Note futures can tell us about the possibility of an October surprise The US elections are held on the first Tuesday of November, and campaign-related events are widely covered in the news. These events generally have an impact on various US markets as the winning candidate’s policies and viewpoints are very likely to tangibly affect many aspects of US operations going...

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Learn How Quantum-Inspired Algorithms Can Help You Make Safer Investments

Learn How Quantum-Inspired Algorithms Can Help You Make Safer Investments

Many problems in finance take the form of mathematical optimization problems. As an example from portfolio optimization, an asset manager may be tasked with allocating funds across a pool of assets while maximizing the return at a given level of risk. However, conventional approaches often fail when computational resources cannot handle the amount of “noisy” real-world data (i.e., useful data...

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From Chemistry to Finance: The Broad Scope of New Quantum Optimization Methods

From Chemistry to Finance: The Broad Scope of New Quantum Optimization Methods

Quantum computing research and experimentation continues to make progress towards addressing complex computational problems. These include modelling systems in nature as they relate to chemistry and physics. Beyond this, quantum computing research has also shown promise in tackling problems in logistics and finance.  While these scientific and business fields do not seem related, a natural...

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Uncovering Hidden Patterns in Gold Prices

Uncovering Hidden Patterns in Gold Prices

Gold Market Sentiment Remains Anxious Surrounding the KC Fed's Jackson Hole Economic Symposium It is widely believed that gold prices reveal the overall health of the economy, and will continue to be an integral part of foreign exchange markets. Aside from the usual suspects (i.e., market activity, wealth reserves, or supply and demand), major events involving economic policy tend to affect gold...

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How Big Data Can Be Visualized Using Quantum Annealing

How Big Data Can Be Visualized Using Quantum Annealing

The ongoing development of algorithms and techniques for effectively visualizing and analyzing big data has allowed analysts to pull useful insights from large datasets and to get high-quality solutions in a reasonably short amount of time. Analytical tools for big data visualization are being used in many industries, including finance, logistics, life sciences, manufacturing, and advertising....

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Learn How Quantum Computing Could Revolutionize Chemistry

Learn How Quantum Computing Could Revolutionize Chemistry

The consensus among many quantum computing practitioners is that chemistry, specifically quantum chemistry, has great potential to be the first field to benefit from quantum computing, as the simulation of molecules can be more efficiently handled using quantum computing methods. This could accelerate materials innovation for large-scale industrial applications, such as catalyst design to facilitate chemical synthesis for more-efficient…

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Quantum Computing and More-Effective Drugs

Quantum Computing and More-Effective Drugs

The need to create new medicines faces major challenges due to the increasing costs of drug development and the high failure rate of drug candidates. These challenges are faced due to the laborious and expensive processes involved. For example, in order to develop an effective drug, it is necessary to test whether a drug candidate has sufficiently acceptable properties of ADME (absorption,...

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Forecasting the Weather Using Quantum Computers

Forecasting the Weather Using Quantum Computers

Every year there are hurricanes, extreme heat waves, tornadoes, and other extreme weather events, resulting in thousands of deaths and billions of dollars in damages. Prediction of extreme weather further in advance and with increased accuracy could allow for targeted regions to be better prepared in order to reduce loss of life and property damage. Granted, there has been much work undertaken...

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