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PRESS RELEASE Alice & Bob, a leading hardware developer in the race to fault tolerant quantum computers, today announced the tape out of a new chip expected to improve error rates with every qubit added, making it a prototype for the companys first error-corrected, logical qubit.

The 16-qubit quantum processing unit (QPU), Helium 1, is the first chip in Alice & Bobs roadmap combining cat qubits to run an error correction code. The company will be able to use this platform to create its first logical qubit with error rates lower than any existing single physical qubit. With the tape-out complete, the chip enters a characterization and calibration phase that will be followed by a release on the cloud.

The quantum industry is at the dawn of demonstrating logical qubits showing significant advantages over any existing physical qubit. Such logical qubits are the only way to achieve the extremely low error rates required by fault tolerant quantum computing.

Errors in quantum computers are caused by bit flips and phase flips. Protected from bit flips by design, cat qubits are hardware efficient and enable logical qubit designs using significantly fewer qubits. Helium 1 will run an error correction code that actively suppresses the remaining phase flips, effectively addressing both error types.

Our cat qubit technology already holds world records in addressing bit flips, said Thau Peronnin, CEO of Alice & Bob. Helium 1 is our new platform to exponentially suppress the remaining errors as we add more depth, enabling us to deliver on our clear roadmap to reach the full computational potential of quantum computers.

Helium 1 is the first prototype which will be the basis of Alice & Bobs six-nines logical qubit (with a logical error rate of 10-6 or lower).

Continued here:
Alice & Bob Takes Another Step Toward Releasing Error-Corrected Logical Qubit - The Quantum Insider