Many of our readers would have heard that quantum computers will revolutionize the computing industry thanks to their ability to harness the computational power of nature. Quantum systems (think atoms or particles) can be leveraged to solve hard game-changing computational problems that were previously thought to be impossible to solve in a meaningful time frame. In our new ‘quantum Revolution’ series we will dive deep into the leading and emerging quantum computing hubs around the globe. Today, we’ll be covering Canada. In our view, a potential quantum superpower is quietly in the making.
To help the non-technical reader get a snapshot of quantum technology, McKinsey & Company recently published a report entitled ‘ The next tech revolution: quantum computing’ that you can download for free. At Zaiku Capital, we’re excited about the potential of quantum algorithms for the finance industry & for the purposes of portfolio optimization. In fact, we are currently trying to ‘quantise’ the Kolmogorov IPO Score originally developed by our team at Kähler Insights! :) Wall Street giant Goldman Sachs seems to also be taking quantum tech seriously by recently stating that they are “ ramping up research in quantum finance “.
The Rise of Canada as a Quantum Powerhouse
Canada’s journey to become a quantum powerhouse can be traced back to the late 90s and early 2000s, when BlackBerry founder Mike Lazadiris first bankrolled the creation of the Perimeter Institute for Theoretical Physics in 1999.
Perimeter Institute is a leading centre for scientific research, training and educational outreach in foundational theoretical physics. Founded in 1999 in Waterloo, Ontario, Canada, its mission is to advance our understanding of the universe at the most fundamental level, stimulating the breakthroughs that could transform our future. Perimeter also trains the next generation of physicists through innovative programs, and shares the excitement and wonder of science with students, teachers and the general public.
EQUITY, DIVERSITY, AND INCLUSION
Perimeter is committed to building an equitable, diverse, and inclusive environment. We acknowledge that we all have a long way to go to reach these ideals — as an…