Amsterdam, Leiden, Kyoto, 29 June 2021 - Qu&Co, Dutch and Japanese academics working together to bridge the gap between quantum computing theory and real-world applications
Qu&Co a leading European quantum software developer will be collaborating with Vedran Dunjko of the Leiden University applied Quantum algorithms (aQa) initiative and with Tomoyuki Morimae of Kyoto University on research into novel quantum computational algorithms and methods.
The collaboration will focus on the development of specialised classes of quantum algorithms for quantum enhanced machine learning and for complex system verification. Application areas of interest for the collaboration will be related to the financial sector including trading and asset management.
"Although machine learning may intuitively not seem like a quantum native problem, our recent progress in this field shows that, with the right approach, there is a lot of potential in quantum enhanced machine learning” said Benno Broer, CEO at Qu & Co.
"Quantum computing hardware is slowly becoming available, but quantum resources are still limited and so is our understanding of how we can best employ such devices. However, given the recent progress in quantum-enhanced machine learning, this application field seems a promising candidate for realizing a quantum advantage with near term quantum hardware.” Commented Vedran Dunjko, assistant professor in Leiden and a co-founder of aQa.
One future obstacle to circumvent is how to guarantee the quality of quantum computational solutions, once these computations are beyond the reach of classical computers typically used to benchmark their results.
"Quantum computers offer not just faster computations, but also new fundamentally quantum methods to ensure the computations are correct. We will investigate if these methods can lead ways to guarantee the quality of results of quantum computations", explained Tomoyuki Morimae, associate professor in Kyoto University.
Results of this collaboration will come to benefit the budding quantum technology landscape in the Netherlands and Japan and of the wide spectrum of Qu&Co corporate clients.