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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 and ...
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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 shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. 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 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Commonwealth Bank Of Australia
The Commonwealth Bank of Australia (CBA), or 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 August 2015 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 National Australia Bank (NAB), ANZ and Wes ...
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Arbitrage
In economics and finance, arbitrage (, ) is the practice of taking advantage of a difference in prices in two or more markets; striking a combination of matching deals to capitalise on the difference, the profit being the difference between the market prices at which the unit is traded. When used by academics, 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 practice, there are always risks in arbitrage, some minor (such as fluctuation of prices decreasing profit ...
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Forex
The foreign exchange market (Forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of trading volume, it is by far the largest market in the world, followed by the credit market. The main participants in this market are the larger international banks. Financial centers around the world function as anchors of trading between a wide range of multiple types of buyers and sellers around the clock, with the exception of weekends. Since currencies are always traded in pairs, the foreign exchange 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. Ex: USD 1 is worth X CAD, or CHF, or JPY, etc. The foreign exchange market works ...
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Quantum Algorithms
In quantum computing, a quantum algorithm is an algorithm which 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 usually used for those algorithms which seem inherently quantum, or use some essential feature of quantum computation such as quantum superposition or quantum entanglement. Problems which 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 fa ...
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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 of ...
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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 United Kingdom 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-e ...
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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 leader of the Liberal Party of Australia. 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 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 served as Chair of the Australian Republican Movement from 1993 to 2000, and was one of the leaders of the unsuccessful "Yes" campaign in the 1999 republic referendum. He was first elected to the Australian House of Representatives as a member of parliament (MP) for the division of Wentworth in New South Wales at the 2004 election, and was Minister for the Environment and Water in the Howard government from January 2007 until December 2007. After ...
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Accenture
Accenture plc is an Irish-American professional services company based in Dublin, specializing in information technology (IT) services and consulting. A ''Fortune'' Global 500 company, it reported revenues of $61.6 billion in 2022. Accenture's current clients include 91 of the Fortune Global 100 and more than three-quarters of the Fortune Global 500. As of 2022, Accenture is considered the largest consulting firm in the world by number of employees. Julie Sweet has served as CEO of Accenture since 1 September 2019. It has been incorporated in Dublin, Ireland, since 2009. History Formation and early years Accenture began as the business and technology consulting division of accounting firm Arthur Andersen in the early 1950s when it 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 ...
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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 ...
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Lockheed Martin
The Lockheed Martin Corporation is an American aerospace, arms, defense, information security, and technology corporation with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta in March 1995. It is headquartered in North Bethesda, Maryland, in the Washington, D.C. area. Lockheed Martin employs approximately 115,000 employees worldwide, including about 60,000 engineers and scientists as of January 2022. Lockheed Martin is one of the largest companies in the aerospace, military support, security, and technologies industry. It is the world's largest defense contractor by revenue for fiscal year 2014.POC Top 20 Defence Contractors of 2014
. Retrieved: July 2015
In 2013, 78% of Lockheed Martin's revenues came from military sales;
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