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BROOMFIELD, Colo. and LONDON, June 5, 2024 Quantinuumtoday announced the development of the industrys first quantum computer featuring 56 trapped-ion qubits. The H2-1 model has improved its already leading fidelity.

In collaboration with JPMorgan Chase, Quantinuum ran a Random Circuit Sampling (RCS) algorithm, achieving a significant 100-fold improvement over previous industry results from Google in 2019 and setting a new benchmark for the cross entropy metric. H2-1s combination of scale and hardware fidelity presents a challenge for todays most powerful supercomputers and other quantum computing architectures to match this achievement.

Were extending our lead in the race towards fault tolerant quantum computing, accelerating research for customers like JPMorgan Chase in ways that arent possible with any other technology, said Rajeeb Hazra, CEO of Quantinuum. Our focus on quality of qubits versus quantity of qubits is changing whats possible, and bringing us closer to the long-awaited commercialization of quantums applications across industries like finance, logistics, transportation and chemistry.

Quantinuums analysis also indicates that the H2-1 executes RCS at 56 qubits with an estimated 30,000x reduction in power consumption compared to classical supercomputers, reinforcing it as the preferred solution for a wide array of computational challenges.

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, said Marco Pistoia, Head of Global Technology Applied Research at JPMorgan Chase.

Todays announcement is the latest in a string of breakthroughs made by Quantinuum in 2024:

Microsoft looks forward to a continued collaboration with Quantinuum as they release their high fidelity 56-qubit machine, said Dennis Tom, General Manager Microsoft Azure Quantum. Recently, the teams created four highly reliable logical qubits by applying Azure Quantums qubit-virtualization system to Quantinuums 32-qubit machine. With the additional physical qubits available on Quantinuums new machine, we anticipate creating more logical qubits with even lower error rates. As we reach these milestones, we will continue to increase the resiliency of quantum operations as well as the utility of quantum computing.

Learn more here.

To read the scientific paper, please visit: https://arxiv.org/abs/2406.02501

About Quantinuum

Quantinuum, the worlds largest integrated quantum company, pioneers powerful quantum computers and advanced software solutions. Quantinuums technology drives breakthroughs in materials discovery, cybersecurity, and next-gen quantum AI. With almost 500 employees, including 370+ scientists and engineers, Quantinuum leads the quantum computing revolution across continents. Since its formation by Honeywell and Cambridge Quantum in 2021, Quantinuum has raised approximately $625 million to further the development and commercialization of quantum computing.

Source: Quantinuum

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Quantinuum Unveils Quantum Computer Featuring 56 Trapped-Ion Qubits, Setting New Performance Benchmarks - HPCwire