ExxonMobil, IBM Partner on Quantum Computing

11 January, 2019, 13:16 | Author: Rodolfo Hawkins
  • One of the patents filed from India went to IBM inventors Shivali Agarwal Gaargi B Dasgupta Shripad J Nadgowda and Tapan K Nayak

Together these collaborators designed the first quantum system to consolidate thousands of components into a glass-enclosed, air-tight environment built specifically for business use, a milestone in the evolution of commercial quantum computers. The new machine doesn't look like a mainframe computer. "The IBM Q System One gets us closer to practical applications in chemistry and the development of new medicines, and new materials", wrote Sutor.

The replica of Q System One will be introduced at CES 2019 on January 8.

Actual use cases of quantum computing are yet to emerge, though IBM projects that there could be applications such as "finding new ways to model financial data and finding new ways to model financial data and isolating key global risk factors to make better investments, or finding the optimal path across global systems for ultra-efficient logistics and optimising fleet operations for deliveries". "They will have cloud-based access to IBM Q systems, as they work to discover real-world problems that may be solved faster or more efficiently with a quantum computer versus a classical computer".

The integrated quantum computing system works very similar to the traditional computers.

Additionally, IBM also announced the opening of the new IBM Q Quantum Computation Center later in 2019.

More news: Chinese newspaper warns USA not to push too hard on trade

For the 26th year in a row, IBM earned more patents than any other United States company in 2018 - 9,100, to be exact, with more than a third of those the result of the computing giant's work in artificial intelligence as well as in cloud and quantum computing. Like, for example, that the Q System One uses a fourth-generation 20-qubit processor, and that a "50-qubit device will be available to the IBM Q Network later this year".

IBM says that the "world first" 20-qubit system is created to assist commercial and scientific organisations harness the power of quantum computing, highlighting examples such as financial data modelling or optimising global logistics operations.

There's no news on how much the system will cost, but companies and research organisations will be able to pay to use it via IBM's cloud, with Exxon Mobile and CERN among those already signed up. And with its latest Q System One, it sure seems to have taken a step forward in doing so. The company has also said that out of all the received patents, more than 3,000 patents are related to work in artificial intelligence, cloud and quantum computing.

IBM Poughkeepsie's unique history in computing stretches back to the development of IBM's first line of production business computers in the 1950s, the IBM 700 series, and the IBM System/360 in the 1960s, which revolutionized the world by changing the way businesses thought about computer hardware. Additionally, steel and aluminum frames have been utilized to control casing and electronics and decouple cryostat.

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