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QxBranch
QxBranch, Inc. (QxBranch) is a data analysis and quantum computing software company, based in Washington, D.C. The company provides data analytics services and research and development for quantum computing technology. On July 11, 2019, QxBranch announced that it had been acquired by Rigetti Computing, a developer of quantum integrated circuits used for quantum computers. Services QxBranch provides predictive analytics services to firms in the banking and finance industries. The company also develops software products for quantum computing technologies, including developer tools and interfaces for quantum computers, as well as quantum computing simulators. Additionally, the company provides consulting and research and development for businesses that may be improved through quantum computing methods, including in the development of adiabatic quantum computing methods for machine learning applications. History QxBranch was founded in 2014 as a joint spin-off of Shoal Group an ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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Commonwealth Bank Of Australia
The Commonwealth Bank of Australia (CBA), also known as Commonwealth Bank or simply CommBank, is an Australian multinational bank with businesses across New Zealand, Asia, the United States, and the United Kingdom. It provides a variety of financial services, including retail, business and institutional banking, funds management, superannuation, insurance, investment, and broking services. The Commonwealth Bank is the largest Australian listed company on the Australian Securities Exchange as of July 2024, with brands including Bankwest, Colonial First State Investments, ASB Bank (New Zealand), Commonwealth Securities (CommSec) and Commonwealth Insurance (CommInsure). Its former constituent parts were the Commonwealth Trading Bank of Australia, the Commonwealth Savings Bank of Australia, and the Commonwealth Development Bank. Founded in 1911 by the Australian Government and fully privatised in 1996, the Commonwealth Bank is one of the big four Australian banks, with the ...
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Arbitrage
Arbitrage (, ) is the practice of taking advantage of a difference in prices in two or more marketsstriking a combination of matching deals to capitalize on the difference, the profit being the difference between the market prices at which the unit is traded. Arbitrage has the effect of causing prices of the same or very similar assets in different markets to converge. When used by academics in economics, an arbitrage is a transaction that involves no negative cash flow at any probabilistic or temporal state and a positive cash flow in at least one state; in simple terms, it is the possibility of a risk-free profit after transaction costs. For example, an arbitrage opportunity is present when there is the possibility to instantaneously buy something for a low price and sell it for a higher price. In principle and in academic use, an arbitrage is risk-free; in common use, as in statistical arbitrage, it may refer to ''expected'' profit, though losses may occur, and in practic ...
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Forex
The foreign exchange market (forex, FX, or currency market) is a global decentralization, decentralized or Over-the-counter (finance), over-the-counter (OTC) Market (economics), market for the trading of currency, currencies. This market determines Exchange rate, foreign exchange rates for every currency. By Volume (finance), trading volume, it is by far the largest market in the world, followed by the Bond market, credit market. The main participants are the Foreign exchange market#Market participants, larger international banks. Financial centres function as anchors of trading between a range of multiple types of buyers and sellers around the clock, with the exception of weekends. As currencies are always traded in pairs, the market does not set a currency's absolute value, but rather determines its relative value by setting the market price of one currency if paid for with another. Example: 1 USD is worth 1.1 Euros or 1.2 Swiss Francs etc. The market works through fin ...
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Quantum Algorithms
In quantum computing, a quantum algorithm is an algorithm that runs on a realistic model of quantum computation, the most commonly used model being the quantum circuit model of computation. A classical (or non-quantum) algorithm is a finite sequence of instructions, or a step-by-step procedure for solving a problem, where each step or instruction can be performed on a classical computer. Similarly, a quantum algorithm is a step-by-step procedure, where each of the steps can be performed on a quantum computer. Although all classical algorithms can also be performed on a quantum computer, the term quantum algorithm is generally reserved for algorithms that seem inherently quantum, or use some essential feature of quantum computation such as quantum superposition or quantum entanglement. Problems that are undecidable using classical computers remain undecidable using quantum computers. What makes quantum algorithms interesting is that they might be able to solve some problems fas ...
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UK National Quantum Technologies Programme
The UK National Quantum Technologies Programme (UKNQTP) is a programme set up by the UK government to translate academic work on quantum mechanics, and the effects of quantum superposition and quantum entanglement into new products and services. It brings UK physicists and engineers together with companies and entrepreneurs who have an interest in commercialising the technology. The "second quantum revolution" The "second quantum revolution", or "quantum 2.0" is a term that is often used to describe quantum technologies based on superposition and entanglement. Originally described in a 1997 book by Gerard J. Milburn, which was then followed by a 2003 article by Jonathan P. Dowling and Gerard J. Milburn, as well as a 2003 article by David Deutsch. These technologies use equipment such as highly stabilised laser systems, magneto-optical traps, cryogenic cooled solid state devices, ion traps and vacuum systems to create, manipulate and then use quantum effects for a number o ...
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Innovate UK
Innovate UK is the United Kingdom's innovation agency, which provides money and support to organisations to make new products and services. It is a non-departmental public body operating at arm's length from the Government as part of the UK Research and Innovation organisation. History Innovate UK has its roots as an advisory body – the Technology Strategy Board – established in 2004, within the Department of Trade and Industry (DTI), before becoming an independent body in July 2007 after the reorganisation of the DTI into the Department for Innovation, Universities and Skills (DIUS) and the Department for Business, Enterprise and Regulatory Reform (BERR) under Gordon Brown's government. The original Technology Strategy Board had its roots in the Innovation Review published by the DTI in December 2003, and the Lambert Review. This reconfigured the major funding mechanism as the Collaborative Research and Development Technology Programme, transformed the pre-existing Fara ...
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Malcolm Turnbull
Malcolm Bligh Turnbull (born 24 October 1954) is an Australian former politician and businessman who served as the 29th prime minister of Australia from 2015 to 2018. He held office as Liberal Party of Australia, leader of the Liberal Party and was the member of parliament (MP) for the New South Wales division of Division of Wentworth, Wentworth from 2004 to 2018. Born in Sydney, Turnbull graduated from the University of Sydney as a Bachelor of Arts and a Bachelor of Laws, before attending Brasenose College, Oxford, as a Rhodes Scholarship, Rhodes Scholar, earning a Bachelor of Civil Law degree. For more than two decades, he worked as a journalist, lawyer, merchant banker, and venture capitalist. He was Chair of the Australian Republic Movement, Australian Republican Movement from 1993 to 2000, and was one of the leaders of the unsuccessful "Yes" campaign in the 1999 Australian republic referendum, 1999 republic referendum. He was first elected to the Australian House of Repres ...
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Accenture
Accenture plc is a global multinational professional services company originating in the United States and headquartered in Dublin, Ireland, that specializes in information technology (IT) services and management consulting. It was founded in 1989. A Fortune Global 500 company, it reported revenues of $64.9 billion in 2024. History Formation and early years Accenture began as the business and technology consulting division of accounting firm Arthur Andersen in the early 1950s. The division conducted a feasibility study for General Electric to install a computer at Appliance Park in Louisville, Kentucky, which led to GE's installation of a UNIVAC I computer and printer, believed to be the first commercial use of a computer in the United States. Split from Arthur Andersen In 1989, Arthur Andersen and Andersen Consulting became separate units of Andersen Worldwide Société Coopérative (AWSC). Throughout the 1990s, tensions grew between the two units. Andersen Consultin ...
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D-Wave Two
D-Wave Two (project code name Vesuvius) is the second commercially available quantum computer, and the successor to the first commercially available quantum computer, D-Wave One. Both computers were developed by Canadian company D-Wave Systems. The computers are not general purpose, but rather are designed for quantum annealing. Specifically, the computers are designed to use quantum annealing to solve a single type of problem known as quadratic unconstrained binary optimization. As of 2015, it was still debated whether large-scale entanglement takes place in D-Wave Two, and whether current or future generations of D-Wave computers will have any advantage over classical computers. Processor D-Wave Two has a QPU (quantum processing unit) of 512 qubits—an improvement over the D-Wave One series' QPUs of about 128 qubits The number of qubits can vary from chip to chip, due to variations in manufacturing. The increase in qubit count for the D-Wave Two was accomplished by tiling qubit p ...
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Lockheed Martin
The Lockheed Martin Corporation is an American Arms industry, defense and aerospace manufacturer with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta on March 15, 1995. It is headquartered in North Bethesda, Maryland, United States. As of January 2022, Lockheed Martin employs approximately 121,000 employees worldwide, including about 60,000 engineers and scientists. Reports from 2024 estimate that Lockheed Martin Corporation (LMT) holds a market cap of around $139.7 billion. Lockheed Martin is one of the largest companies in the aerospace, military support, security, and technologies industry. It was the world's largest defense contractor by revenue for fiscal year 2014.POC Top 20 Defence Contractors of 2014
. Retrieved: July 2015
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