Classiq, Deloitte Tohmatsu, and Mitsubishi Chemical Compress Quantum Circuits by Up to 97% [Yahoo! Finance]
MITSUBISHI CH GRP U/ADR (MTLHY)
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Source: Yahoo! Finance
Results indicate acceleration of early practical application of quantum computers in various fields such as drug discovery, AI, finance, manufacturing and logistics TEL AVIV, Israel, December 11, 2024 BUSINESS WIRE )--Quantum computing platform leader Classiq Technologies, Deloitte Tohmatsu Group, a pioneer in the demonstration of quantum computing use cases in industry, and Mitsubishi Chemical Corporation are working together to explore materials development in the chemical field, including new organic electroluminescent (EL) materials. Deloitte Tohmatsu successfully conducted a demonstration experiment (hereinafter referred to as "this demonstration") to shorten the quantum circuit (calculation logic of the algorithm used on a quantum computer) during development. Successful quantum circuit compression suggests early commercial use of quantum computers Deloitte Tohmatsu announced that one of the two quantum algorithms achieved circuit compression of up to 97 percent, and the
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