Using quantum computers in financial risk analysis
Stefan Woerner, global leader quantum finance and optimization at IBM Research – Zurich, talks to Tonya Hall about quantum computing and how models must be specifically tuned for quantum computers.
IBM said its commercial quantum computing program, called IBM Q Network, is expanding to more universities in North America, including Notre Dame, Florida State, and Virginia Tech.
The company’s IBM Q Network is designed to develop curricula for students and forge research partnerships with academia. The additions of the aforementioned universities as well as Stony Brook University and the University of Tokyo will round out a list that already includes Duke, Harvard, and the University of Waterloo.
According to IBM, each university will have a different research focus and angle. For instance, Stony Brook will focus on preparing students for working in the quantum technologies field. Notre Dame will look a quantum applications in chemistry, physics, and engineering and Virginia Tech is looking at new algorithms for quantum chemistry.
Also: What a quantum computer is, and why it needs to be more | Quantum computers will break encryption | Intel offers AI breakthrough in quantum computing | Quantum as a service: How to product-ize a hole in space and time
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