Partnership aims to develop application-specific processors for quantum applications
Multiverse Computing and IQM have announced a partnership to develop integrated solutions for specific quantum-based applications in finance, energy, chemistry, logistics, material science. Through this partnership, both companies will integrate IQM’s co-designed quantum processors with Multiverse’s Singularity SDK to accelerate the path to quantum advantage in several real-world problems.
Dr Peter Eder, head of partnerships of IQM Quantum Computers stated: ‘This partnership combines the best solutions in today’s quantum software and hardware. We are bringing some of the best quantum experts in this world together to find a fast lane to quantum advantage. Our customers and end-users globally will benefit from this unique joint offering, and we can’t wait to share the results of this collaboration.’
Multiverse’s Singularity SDK delivers intuitive quantum software plug-ins as well as quantum-inspired algorithms for a wide range of applications including optimisation, machine learning and simulations. IQM’s co-designed quantum computers minimise non-essential overheads and offer novel chip architecture and ultrafast quantum operations.
Mehdi Bozzo-Rey, chief revenue officer at Multiverse Computing added: ‘While Multiverse can offer added value today with our quantum-inspired solutions, being a part of a custom full-stack solution is key for Singularity’s adoption and will ultimately drive the adoption of quantum computing technologies. This combined offering means our customers can explore the power of quantum computing with customised solutions dedicated to solving their particular business challenges.’
Jani Heikkinen, Head of Business Development and Country Manager of IQM Quantum Computers Spain, said: ‘IQM is well-positioned to support our partners in Spain through our Madrid office. This partnership with a leading Spanish quantum software company boosts our European leadership and our commitment to develop the Spanish quantum ecosystem.’