NEW YORK - D-Wave (NYSE: QBTS), a leader in the field of quantum computing and the first commercial supplier of quantum systems has made significant strides in advancing Quantum (NASDAQ:QMCO) Error Mitigation (QEM) technology. The company's latest research, led by Mohammad Amin, showcases a substantial increase in qubit coherence time, improving by nearly tenfold. This breakthrough is seen as a critical step towards achieving quantum supremacy and has the potential to revolutionize simulations of complex magnetic materials.
The company announced today that this enhancement in QEM will be integrated into its forthcoming Advantage2 platform and future processors, aiming to boost their computational capabilities. D-Wave emphasized the importance of error mitigation as a foundational element for all branches of quantum computing, opening doors to computational possibilities that were previously out of reach.
D-Wave has a track record of providing practical quantum applications across various sectors, including financial modeling. Its quantum computing solutions have been utilized by several high-profile organizations such as Volkswagen (ETR:VOWG_p), Mastercard (NYSE:MA), and Los Alamos National Laboratory to address intricate problems ranging from logistics optimization to drug discovery projects.
While acknowledging the inherent risks associated with forward-looking statements, D-Wave remains optimistic about the transformative impact QEM could have on their technological progress, despite potential technological challenges and market fluctuations. The company's ongoing commitment to innovation positions it at the forefront of the race toward quantum supremacy, offering a glimpse into the future where quantum computers solve problems beyond the capability of classical systems.
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