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1QBit

1QBit

A quantum computing software company that partners with industry and academia to build computer applications that can improve with advances in both quantum and classical computing. The company’s mission is to apply computation breakthroughs to machine intelligence and optimization science using their hardware-agnostic software platform.

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Founded date
January 1, 2012
Industry
Software industry
Legal classification
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QBitQBit CEO and co-founder Andre Fursman explained their company’s niche in this quote in CanTech Letter, “What QBit has done is act as a bridge between technology at the fundamental level, the new hardware that’s being produced, and the real world applications,” further saying that new generations of quantum computing hardware will solve large problems in industries like finance and biology.

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1QBit (1QB) aims to leverage the optimal use of computing power at all points along the trajectory as quantum technologyquantum technology changes computing design. 1QBit, founded by entrepreneurs and researchers, is working to move quantum computing from theory to application. The company attracts global talent in the areas of mathematics, engineering, physics, chemistry, operations research and software development.

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Wikidata entity ID
Q17507626
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1QB investors include the Chicago Mecantile Exchange, local peer D-Wace Systems and the Royal Bank of Royal Bank of ScotlandScotland. Microsoft Quantum announced new collaboration with 1QBit in 2018. 1QBit will have access to Microsoft’s Quantum Development Kit and resources that come with the Microsoft for Startups program.

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People

Name
Role
LinkedIn

Alex Conconi

Investor

Amanda Downs

Employee

Andrew Fursman

Founder

Andrew Wilkinson

Investor

Chiara Giovenzana

Investor

David Byrd

Employee

Landon Downs

Founder

Maxwell Rounds

Employee

Mike Sherman

Investor

Shirley Andriesh

Employee

Infobox
Industry
Edits on 10 Apr, 2019
Carla Faraguna"Approved suggestion from source: http://www.1QBit.com/"
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Dawson Sewell"Approved suggestion from source: http://www.1QBit.com/"
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1QB investors include the Chicago Mecantile Exchange, local peer D-Wace Systems and the Royal Bank of ScotlandScotland. Microsoft Quantum announced new collaboration with 1QBit in 2018. 1QBit will have access to Microsoft’s Quantum Development Kit and resources that come with the Microsoft for Startups program.

Edits on 23 Mar, 2019
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Neelam Jhaveri approved a suggestion from Golden's AI on 23 Mar, 2019
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1QB investors include the Chicago Mecantile Exchange, local peer D-Wace Systems and the Royal Bank of Scotland. MicrosoftMicrosoft Quantum announced new collaboration with 1QBit in 2018. 1QBit will have access to Microsoft’s Quantum Development Kit and resources that come with the Microsoft for Startups program.

Neelam Jhaveri
Neelam Jhaveri approved a suggestion from Golden's AI on 23 Mar, 2019
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1QBit (1QB) aims to leverage the optimal use of computing power at all points along the trajectory as quantum technology changes computing design. 1QBit, founded by entrepreneurs and researchers, is working to move quantum computingquantum computing from theory to application. The company attracts global talent in the areas of mathematics, engineering, physics, chemistry, operations research and software development.

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Topic thumbnail

1QBit

A quantum computing software company that partners with industry and academia to build computer applications that can improve with advances in both quantum and classical computing. The company’s mission is to apply computation breakthroughs to machine intelligence and optimization science using their hardware-agnostic software platform.

Article

1QBit (1QB) aims to leverage the optimal use of computing power at all points along the trajectory as quantum technology changes computing design. 1QBit, founded by entrepreneurs and researchers, is working to move quantum computing from theory to application. The company attracts global talent in the areas of mathematics, engineering, physics, chemistry, operations research and software development.

QBit CEO and co-founder Andre Fursman explained their company’s niche in this quote in CanTech Letter, “What QBit has done is act as a bridge between technology at the fundamental level, the new hardware that’s being produced, and the real world applications,” further saying that new generations of quantum computing hardware will solve large problems in industries like finance and biology.

Technology

1QBit’s partners’ applications are built on their API in their preferred programming language. The API uses their internal software development kit (SDK) which is able to solve NP-complete problems using both classical and quantum hardware. 1QBit researchers develop novel algorithms and techniques, adding them to the platform so that partners can make use of new advances without making updates to their applications. New versions of hardware are release and added and then accessed by their partners applications built on 1QBit API.

Funding, partners and awards

1QB investors include the Chicago Mecantile Exchange, local peer D-Wace Systems and the Royal Bank of Scotland. Microsoft Quantum announced new collaboration with 1QBit in 2018. 1QBit will have access to Microsoft’s Quantum Development Kit and resources that come with the Microsoft for Startups program.

1QBit was named a global Technology Pioneer by The World Economic Forum in 2015, recognizing their leadership and ability to impact the world.

People

Name
Role
Related Golden topics

Andrew Fursman

CEO and Co-founder

Documentaries, videos and podcasts

Title
Date
Link

Technology Pioneer 2015 | Andrew Fursman (1QBit)

Aug 4, 2015

Infobox
Location
Date incorporated
2012
Categories
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