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Dow & 1QBit to collaborate on Quantum Computing

By Niranjan Mudholkar,

Added 23 June 2017

To develop tools for the chemicals and materials science technology spaces

"We are pleased to be working with Dow on leading-edge quantum computing software development for the material sciences," said Andrew Fursman, chief executive officer for 1QBit. "Dow brings a powerful science machine and global market access in the chemical and materials sectors. We have been very impressed with the quality of the opportunity uncovered in the initial phases of this collaboration."

The mission of 1QBit is to apply breakthroughs in computation to machine intelligence and optimization science through a widely accessible, hardware-agnostic software platform. Over the last four years, 1QBit has developed new methods for machine learning, sampling, and optimization based on reformulating problems to meet the unique requirements of interfacing with quantum computers and leveraging their capabilities.

"We continue to push technology to the next level," said Keith Watson, vice president, Core R&D, for Dow. "This collaboration will allow Dow to bring forward breakthrough innovations that solve complex problems and serve our markets."

The terms of the agreement were not disclosed.

END

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