Chicago Quantum Exchange Adds New Partners in Tech, Computing and Finance
The Chicago Quantum Exchange, a growing intellectual hub for the research and development of quantum technology, has added to its community seven new corporate partners in computing, technology and finance that are working to bring about and primed to take advantage of the coming quantum revolution.
These new industry partners are Intel, JPMorgan Chase, Microsoft, Quantum Design, Qubitekk, Rigetti Computing, and Zurich Instruments.
The Chicago Quantum Exchange and its corporate partners advance the science and engineering necessary to build and scale quantum technologies and develop practical applications. The results of their work – precision data from quantum sensors, advanced quantum computers and their algorithms, and securely transmitted information – will transform today’s leading industries. The addition of these partners brings a total of 13 companies into the Chicago Quantum Exchange to work with scientists and engineers at universities and the national laboratories in the region.
“These new corporate partners join a robust collaboration of private and public universities, national laboratories, companies, and non-profit organizations. Together, their efforts — with federal and state support —will enhance the nation’s leading center for quantum information and engineering here in Chicago,” said University of Chicago Provost Ka Yee C. Lee.
Based at the University of Chicago’s Pritzker School of Molecular Engineering, the Chicago Quantum Exchange is anchored by the University of Chicago, the U.S. Department of Energy’s Argonne National Laboratory and Fermi National Accelerator Laboratory (both operated for DOE by the University of Chicago), and the University of Illinois at Urbana-Champaign, and includes the University of Wisconsin-Madison and Northwestern University.
“Developing a new technology at nature’s smallest scales requires strong partnerships with complementary expertise and significant resources. The Chicago Quantum Exchange enables us to engage leading experts, facilities and industries from around the world to advance quantum science and engineering,” said David Awschalom, the Liew Family Professor in Molecular Engineering at the University of Chicago, senior scientist at Argonne, and director of the Chicago Quantum Exchange. “Our collaborations with these companies will be crucial to speed discovery, develop quantum applications and prepare a skilled quantum workforce.”
Many of the new industry partners already have ongoing or recent engagements with CQE and its member institutions. In recent collaborative research, spectrally entangled photons from a Qubitekk entangled photon source were transported and successfully detected after traveling through one section of the Argonne quantum loop.
Another example of these relationships is the work that University of Chicago computer scientist Fred Chong and his students have done with both Intel and Rigetti Computing on software and hardware solutions. With Intel’s support, Chong’s team invented a range of software techniques to more efficiently execute quantum programs on a coming crop of quantum hardware. For example, they developed methods that take advantage of the hierarchical structure of important quantum circuits that are critical to the future of reliable quantum computation.
Read the full release at the Chicago Quantum Exchange website.