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IBM
Business Fortune
11 September, 2024
Google and IBM's advanced computing software now features an algorithm developed by Prakash Vedula, Ph.D., from the University of Oklahoma. This algorithm significantly enhances previous methods.
This year, Quantum Information Processing published an article about this quantum computing accomplishment. The approach significantly reduces the complexity of this step and concentrates on generating uniform quantum superposition states, which is an essential component of quantum computing. This efficiency has real-world applications in a variety of domains, such as quantum search, optimization, differential equation solving, signal processing, encryption, finance, and artificial intelligence. It is not only theoretical.
The Shukla-Vedula algorithm, which bears the names of Prakash Vedula, Ph.D. and Alok Shukla, Ph.D., provides a method for significantly more effectively lowering the complexity of an essential step needed for many quantum algorithms.
The Shukla-Vedula algorithm has just been incorporated into the most recent software versions of two significant quantum software platforms created by Google and IBM, respectively: Cirq and Qiskit. The fact that this method is being adopted shows how important it is, as these platforms are widely used in both industry and academia. Furthermore, Goldman Sachs has started analyzing financial risks in financial derivatives using this technology.
According to Vedula, their research group specializes in high-impact, high-risk initiatives. In any field of science, exponential advances are extremely rare. He continued by saying that, without the need for extra resources, their algorithm shows an exponential improvement over earlier techniques found in the literature.
With the algorithm's increasing popularity, Professor Vedula is hopeful about its potential effects down the road. Vedula went on to say that they anticipate this discovery will lead to important advancements in quantum computing in a number of different domains. For those who study quantum computing, these are quite exciting times.