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Yvonne Smit@Qusoft
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Koen Groenland's book, "Introduction to Quantum Computing for Business," is gaining attention as a key resource for guiding companies on leveraging quantum advancements. As the Dutch quantum ecosystem expands, experts like Groenland are playing a vital role in making quantum knowledge accessible to the business world. The book aims to demystify this technology for business professionals without a technical background, focusing on the capabilities and applications of quantum computers rather than the underlying technical details. Groenland hopes the book will become a standard work for anyone starting a quantum journey, emphasizing the importance of understanding quantum algorithms for business value.
Classiq Technologies, in collaboration with Sumitomo Corporation and Mizuho-DL Financial Technology, achieved significant compression of quantum circuits for Monte Carlo simulations used in financial risk analysis. The study compared traditional and pseudo-random number-based quantum Monte Carlo methods, optimizing circuit depth and qubit usage using Classiq’s high-level quantum design platform, Qmod. The results showed efficient circuit compression is possible without compromising accuracy, supporting the feasibility of scalable, noise-tolerant quantum applications in financial risk management.
The Open Source Initiative (OSI) and Apereo Foundation have jointly responded to the White House Office of Science & Technology Policy's (OSTP) request for information on an AI Action Plan. Their comment emphasizes the benefits of Open Source and positions the Open Source community as a valuable resource for policymakers. The OSI highlighted its history of stewarding the Open Source Definition and its recent work in co-developing the Open Source AI Definition (OSAID), recommending that the White House rely on the OSAID as a foundational piece of any future AI Action Plan.
References :
Classiq Technologies, in collaboration with Sumitomo Corporation and Mizuho-DL Financial Technology, achieved significant compression of quantum circuits for Monte Carlo simulations used in financial risk analysis. The study compared traditional and pseudo-random number-based quantum Monte Carlo methods, optimizing circuit depth and qubit usage using Classiq’s high-level quantum design platform, Qmod. The results showed efficient circuit compression is possible without compromising accuracy, supporting the feasibility of scalable, noise-tolerant quantum applications in financial risk management.
The Open Source Initiative (OSI) and Apereo Foundation have jointly responded to the White House Office of Science & Technology Policy's (OSTP) request for information on an AI Action Plan. Their comment emphasizes the benefits of Open Source and positions the Open Source community as a valuable resource for policymakers. The OSI highlighted its history of stewarding the Open Source Definition and its recent work in co-developing the Open Source AI Definition (OSAID), recommending that the White House rely on the OSAID as a foundational piece of any future AI Action Plan.
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References :
- Qusoft: Koen Groenland's book, Introduction to Quantum Computing for Business, is discussed as a step toward guiding companies on how to leverage quantum advancements.
Classification:
- HashTags: #QuantumComputing #OpenSource #Business
- Company: qusoft.org
- Target: Business
- Product: Computing
- Feature: QuantumEcosystem
- Type: Research
- Severity: Medium