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When we think of technology and geostrategic competition, artificial intelligence and the race between China and the US to dominate these technologies and the standards that regulate them most readily come to mind.
But a breakthrough in quantum information technology could change the nature of the internet itself, completely upending the foundations of information security as well as the current parameters of geostrategic digital tech competition.
How? By being able to break the key encryption models on which public and private internet networks depend to send information securely everything from banking transactions to highly classified intelligence reporting.
That is the risk explored in an ASPI Special Report released this week,
Quantum computer race intensifies as alternative technology gains steam
News Highlights: Quantum computer race intensifies as alternative technology gains steam.
An ion trap from Honeywell’s quantum computer. Credit: Honeywell Quantum Solutions
A technology for building quantum computers that has long been discarded by large corporations is gaining momentum. As quantum computers have transformed from academic practice to big business over the past decade, the spotlight has been mainly on one approach: the tiny superconducting loops being embraced by technology giants such as IBM and Intel. Thanks to superconductors, Google was able to claim last year that it had achieved “quantum advantage” with a quantum machine that for the first time performed a certain calculation beyond the practical capabilities of the best classic computer. But a separate approach, using ions trapped in electric fields, is gaining momentum in the search for a commercial quantum computer.
Classiq aims to advance software development for quantum computers
News Highlights: Classiq aims to advance software development for quantum computers.
Startups that provide the tools to build software that can run on quantum computers are getting the attention of investors. Classiq, which provides a modeling tool for building algorithms for quantum computers, this week revealed that it has raised $ 10.5 million.
The round was led by Team8 and Wing Venture Capital, with additional participation from Entrée Capital, OurCrowd and IN Venture, Sumitomo’s corporate venture arm in Israel. Previously, Classiq had raised $ 4 million in a seed round from Entrée Capital.