The research will endeavor to solve problems in the fields of materials science, drug development and finance that are intractable to solve with conventional computers.
Fujitsu Laboratories Ltd., and Quantum Benchmark Inc. of Canada will conduct joint research on quantum algorithms using Quantum Benchmark’s error suppression technology as they aim to advance the capabilities of current generation quantum computing platforms.
Quantum Benchmark, a startup founded by leading researchers from the University of Waterloo’s Institute for Quantum Computing, is the leading provider of software solutions for error characterization, error suppression, and performance validation for quantum computing hardware. In this collaborative research project, the companies will develop practical quantum algorithms utilizing Fujitsu’s AI algorithm development technology as well as its knowledge gained through Digital Annealer(1) applications in finance, medicine and material development. Quantum Benchmark’s patented True-QTM software system, which enables optimal performance of current hardware, is a key to this development.
Accordingly, Fujitsu Laboratories and Quantum Benchmark will endeavor to solve problems in the fields of materials science, drug development and finance that are intractable to solve with conventional computers.