Quantinuum introduces 56-Qubit Quantum Computer, Shattering Benchmark Records

Quantinuum, the leading Quantum Computing company, has made a announcement today with the launch of H2-1, the world’s first quantum computer featuring 56 trapped-ion qubits. This impressive development showcases Quantinuum’s commitment to pushing the boundaries of quantum computing and solidifies its position as the industry leader.

One of the most remarkable achievements of H2-1 is its unprecedented fidelity, making it impossible for classical computers to fully simulate. In a joint effort with JPMorgan Chase, a team from Quantinuum ran a Random Circuit Sampling (RCS) algorithm and achieved a staggering 100x improvement over previous results set by Google in 2019. This breakthrough not only sets a new world record for the cross entropy benchmark but also demonstrates the superior capabilities of H2-1 compared to other quantum computing architectures.

Rajeeb Hazra, CEO of Quantinuum, expressed his excitement about the company’s progress, stating, “We’re extending our lead in the race towards fault-tolerant quantum computing, accelerating research for customers like JPMorgan Chase in ways that aren’t possible with any other technology.” Hazra emphasized Quantinuum’s focus on the quality of qubits rather than quantity, highlighting how this approach is revolutionizing what can be achieved and bringing us closer to the long-awaited commercialization of quantum applications across various industries.

In addition to its exceptional performance, H2-1 also boasts significant power efficiency advantages. Quantinuum’s analysis reveals that H2-1 executes RCS at 56 qubits with a remarkable estimated 30,000x reduction in power consumption compared to classical supercomputers. This reinforces H2-1 as the preferred solution for a wide range of computational challenges and solidifies its position as an industry game-changer.

JPMorgan Chase, one of Quantinuum’s key partners, expressed their enthusiasm for the high fidelity achieved by H2-1. Marco Pistoia, Head of Global Technology Applied Research at JPMorgan Chase, stated, “The fidelity achieved in our random circuit sampling experiment shows unprecedented system-level performance of the Quantinuum quantum computer. We are excited to leverage this high fidelity to advance the field of quantum algorithms for industrial use cases broadly, and financial use cases in particular.”

This announcement marks yet another significant milestone for Quantinuum in 2024. In March, the company launched a solution to the long-standing “wiring problem,” showcasing the scalability of their quantum charge-coupled device (QCCD) architecture. Additionally, Quantinuum’s H-Series achieved a critical milestone by achieving “three 9s” – 99.9% – two-Qubit gate fidelity across all qubit pairs in a production device, a crucial advancement towards fault-tolerant quantum computing.

Furthermore, in collaboration with Microsoft, Quantinuum’s H2-1 became the first and only quantum computer capable of achieving Level 2 Resilient quantum computing. This achievement involved creating four reliable logical qubits using error correction and detection, resulting in an impressive 800-fold reduction in error rate.

Dennis Tom, General Manager of Microsoft Azure Quantum, expressed Microsoft’s excitement about their collaboration with Quantinuum, saying, “Microsoft looks forward to a continued collaboration with Quantinuum as they release their high fidelity 56-qubit machine. As we reach these milestones, we will continue to increase the resiliency of quantum operations as well as the utility of quantum computing.”

To further support its advancements, Quantinuum recently closed a $300 million equity fundraise anchored by JPMorgan Chase, with participation from Mitsui & Co., Amgen, and Honeywell. This successful fundraising round brings the total capital raised by Quantinuum since its inception to approximately $625 million.

Quantinuum’s relentless pursuit of excellence and its commitment to solving complex computational challenges through quantum computing continue to position the company as a pioneer in the field. With the launch of H2-1, Quantinuum is pushing the boundaries of what is possible and paving the way for the widespread commercialization of quantum applications across industries such as finance, logistics, transportation, and chemistry.

Background Information

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About Google:

Google, founded by Larry Page and Sergey Brin in 1998, is a multinational technology company known for its internet-related services and products. Initially for its search engine, Google has since expanded into various domains including online advertising, cloud computing, software development, and hardware devices. With its innovative approach, Google has introduced influential products such as Google Search, Android OS, Google Maps, and Google Drive. The company's commitment to research and development has led to advancements in artificial intelligence and machine learning.

  

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About Microsoft:

Microsoft, founded by Bill Gates and Paul Allen in 1975 in Redmond, Washington, USA, is a technology giant known for its wide range of software products, including the Windows operating system, Office productivity suite, and cloud services like Azure. Microsoft also manufactures hardware, such as the Surface line of laptops and tablets, Xbox gaming consoles, and accessories.

  

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Technology Explained

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Quantum Computing: Quantum computing is a type of advanced computing that takes advantage of the strange behaviors of very small particles. It's like having a supercharged computer that can solve incredibly complex problems much faster than regular computers. It does this by using special "bits" that can be both 0 and 1 at the same time, which allows it to process information in a very unique way. This technology has the potential to make a big impact in areas like data security and solving really tough scientific challenges, but there are still some technical hurdles to overcome before it becomes widely useful.

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Qubit: Qubit is a unit of quantum information that is used in quantum computing. It is the smallest unit of information that can be stored and manipulated in a quantum computer. A qubit can represent a 0, 1, or both 0 and 1 simultaneously, which is known as a superposition. This allows quantum computers to process and store information much faster than traditional computers. The applications of qubits in the computer industry are vast, ranging from cryptography and artificial intelligence to drug discovery and financial modeling. By harnessing the power of quantum computing, businesses can solve complex problems faster and more efficiently than ever before.

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