The processing power of quantum computing (QC) promises to yield substantial advances across dozens of diverse industries, from the development of pharmaceuticals, to the chemical industry and financial services. Billions are being poured into the steady development of these computers, both into the hardware and the specialised software which can harness these devices.
Quantinuum was formed from the merger of Cambridge Quantum and Honeywell, QC software and hardware firms, respectively. These two highly respected companies had independently made quite a stir in the QC space and attracted substantial investment. Their merger has created the world's largest integrated QC company, able to build and operate quantum computers at both the hardware and software levels.
The organisation has moved fast and has already developed software and hardware for the application of QC in chemistry, natural language processing, machine learning, algorithms, and cybersecurity. All of these are exceedingly lucrative and high-stakes areas of business, and it is leaders in precisely these sectors (Google, for example, and IBM) who are investing so heavily in the QC project.
Quantinuum's software is system agnostic, allowing the advances it makes to be used on other quantum computers as well as its own, opening up major business opportunities. So Quantinuum is working in conjunction with some of the sector’s major players, whilst also pursuing high-value customers and lucrative market opportunities. It’s remarkable work, and impressively funded to match. It will continue substantially impacting the progress of key industries going forward.
Freddie
Company Specialist at Welcome to the Jungle
