Paris, Nov. 8, 2022 - IBM Quantum Network member Crédit Mutuel Alliance Fédérale and IBM today announced that they have started the discovery phase of an engagement to include exploring applicability of quantum computing to banking and insurance use cases and development of a proof of concept and have started workforce development.
Unlike today’s computers that rely on bits for calculation, quantum computers harness the exponential power of quantum bits (qubits). This can be a complicated, simultaneous mix of 1s and 0s, creating the potential to solve extremely complex problems that challenge even the most powerful supercomputers today.
Peter Shor Wins Breakthrough Prize in Fundamental Physics hpcwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hpcwire.com Daily Mail and Mail on Sunday newspapers.
MIT Professor Peter Shor has won the 2023 Breakthrough Prize in Fundamental Physics with three others for “foundational work in the field of quantum information.” In addition, Daniel A. Spielman PhD ’95 has won the 2023 Breakthrough Prize in Fundamental Mathematics.