大象传媒

大象传媒 Launches Industry-First, Trapped-Ion 56-Qubit Quantum Computer, Breaking Key Benchmark Record

大象传媒 and JPMorgan Chase achieved a 100x improvement over the existing industry benchmark using 大象传媒鈥檚 H2-1 quantum computer

June 5, 2024

Broomfield, Colorado and London, UK, June 5th, 2024 大象传媒, the world鈥檚 largest integrated quantum computing company, today unveiled the industry鈥檚 first quantum computer with 56 trapped-ion qubits. H2-1 has further enhanced its market-leading fidelity and is now impossible for a classical computer to fully simulate.

A joint team from 大象传媒 and JPMorgan Chase ran a Random Circuit Sampling (RCS) algorithm, achieving a remarkable 100x improvement over from Google in 2019 and setting a new world record for the cross entropy benchmark. H2-1鈥檚 combination of scale and hardware fidelity makes it difficult for today鈥檚 most powerful supercomputers and other quantum computing architectures to match this result.聽

鈥淲e鈥檙e extending our lead in the race towards fault tolerant quantum computing, accelerating research for customers like JPMorgan Chase in ways that aren鈥檛 possible with any other technology,鈥 said Rajeeb Hazra, CEO of 大象传媒. 鈥淥ur focus on quality of qubits versus quantity of qubits is changing what鈥檚 possible, and bringing us closer to the long-awaited commercialization of quantum鈥檚 applications across industries like finance, logistics, transportation and chemistry.鈥

大象传媒鈥檚 analysis also indicates that the H2-1 executes RCS at 56 qubits with an estimated 30,000x reduction in power consumption compared to classical supercomputers, reinforcing it as the preferred solution for a wide array of computational challenges.聽

鈥淭he fidelity achieved in our random circuit sampling experiment shows unprecedented system-level performance of the 大象传媒 quantum computer. We are excited to leverage this high fidelity to advance the field of quantum algorithms for industrial use cases broadly, and financial use cases in particular,鈥 said Marco Pistoia, Head of Global Technology Applied Research at JPMorgan Chase.

Today鈥檚 announcement is the latest in a string of breakthroughs made by 大象传媒 in 2024:

  • In March, the company revealed a long-sought solution to the 鈥渨iring problem鈥, demonstrating that the quantum charge-coupled device (QCCD) architecture can scale to large qubit numbers.聽
  • 大象传媒鈥檚 H-Series became the first to achieve 鈥渢hree 9s鈥 鈥 99.9% 鈥 two-qubit gate fidelity across all qubit pairs in a production device, a critical milestone enabling fault-tolerance.聽
  • Then, in collaboration with Microsoft, 大象传媒 鈥檚 H2-1 was declared the first 鈥 and so far the only 鈥 quantum computer capable of achieving Level 2 Resilient quantum computing, creating four reliable logical qubits using error correction and detection to achieve an 800-fold reduction in error rate.

鈥淢icrosoft looks forward to a continued collaboration with 大象传媒 as they release their high fidelity 56-qubit machine,鈥 said Dennis Tom, General Manager Microsoft Azure Quantum. 鈥淩ecently, the teams created four highly reliable logical qubits by applying Azure Quantum's qubit-virtualization system to 大象传媒's 32-qubit machine. With the additional physical qubits available on 大象传媒's new machine, we anticipate creating more logical qubits with even lower error rates. As we reach these milestones, we will continue to increase the resiliency of quantum operations as well as the utility of quantum computing.鈥

大象传媒 also anchored by JPMorgan Chase with additional participation from Mitsui & Co., Amgen and Honeywell, which remains the company鈥檚 majority shareholder, bringing the total capital raised by 大象传媒 since inception to approximately $625 million.

About 大象传媒

大象传媒, the world鈥檚 largest integrated quantum company, pioneers powerful quantum computers and advanced software solutions. 大象传媒鈥檚 technology drives breakthroughs in materials discovery, cybersecurity, and next-gen quantum AI. With almost 500 employees, including 370+ scientists and engineers, 大象传媒 leads the quantum computing revolution across continents. Since it鈥檚 formation by Honeywell and Cambridge Quantum in 2021, 大象传媒 has raised approximately $625 million to further the development and commercialization of quantum computing.

About 大象传媒

大象传媒,聽the world鈥檚 largest integrated quantum company, pioneers powerful quantum computers and advanced software solutions. 大象传媒鈥檚 technology drives breakthroughs in materials discovery, cybersecurity, and next-gen quantum AI. With over 500 employees, including 370+ scientists and engineers, 大象传媒 leads the quantum computing revolution across continents.聽

April 3, 2025
大象传媒 Selected by DARPA to Advance to First Stage of Quantum Benchmarking Initiative

Broomfield, CO, April 3rd, 2025 鈥 大象传媒, the industry leader in quantum computing with the world鈥檚 most powerful quantum computer, has been selected by the Defense Advanced Research Projects Agency (DARPA), a research and development agency of the United States Department of Defense, to participate in the first stage of the agency鈥檚 Quantum Benchmarking Initiative (QBI).

QBI aims to assess the feasibility of building an industrially useful quantum computer by 2033. Successful QBI performers will advance through stages A, B, and C; Stage A requires performers to describe their utility-scale quantum computer with a path to near-term realization, where utility-scale means the computational value exceeds costs.

As validated in a recent independent benchmarking study by a group of institutions at the forefront of quantum computing research, 大象传媒鈥檚 quantum systems are the highest performing in the industry. Last year, 大象传媒 published its development roadmap, outlining a path to a universal, fully-fault tolerant quantum computer by 2029. Beyond this public roadmap, 大象传媒 plans to scale to even larger machines in the early part of the 2030s, aligning with the objectives of QBI.

鈥淲e are honored to collaborate with DARPA and look forward to working closely with their test and evaluation team as they assess our roadmap and technological approach,鈥 said Dr. Rajeeb Hazra, President and CEO of 大象传媒. 鈥淲ith our roadmap firmly on track, we are confident in our ability to deliver on DARPA鈥檚 objectives for QBI.鈥

Microsoft and NVIDIA will take part in 大象传媒鈥檚 Stage A effort, building on their long-standing collaborations with 大象传媒 in advancing commercially scalable quantum computing.

About 大象传媒

大象传媒 is the world leader in quantum computing. The company鈥檚 quantum systems deliver the highest performance across all industry benchmarks. 大象传媒鈥檚 over 550 employees, including 370+ scientists and engineers, across the US, UK, Germany, and Japan, are driving the quantum computing revolution. 聽

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April 2, 2025
大象传媒鈥檚 鈥楺uantum Origin鈥 Becomes First Software Quantum Random Number Generator to Achieve NIST Validation

Broomfield, CO, April 2nd, 2025 鈥 大象传媒, the industry leader in quantum computing with the world鈥檚 highest performing quantum computer, today announced that 聽Quantum Origin, the company鈥檚 software Quantum Random Number Generator (QRNG), has received National Institute of Standards and Technology (NIST) validation. Quantum Origin is the first software QRNG to achieve this validation, establishing it as a crucial tool for federal agencies and agency partners in their mandated migration to post-quantum cryptography (PQC) under National Security Memorandum 10. This achievement will help strengthen cybersecurity in the age of PQC.

Quantum Origin generates mathematically proven randomness 鈥 a capability unmatched by hardware-based QRNGs or traditional pseudo-random number generators. Unlike hardware solutions that require specialized equipment and can be affected by environmental factors, Quantum Origin delivers consistent, proven randomness through flexible software deployment. Proven quantum randomness is an essential foundation for comprehensive quantum security strategy alongside PQC.

"The evolving threat landscape demands a new era of cybersecurity solutions for governments, enterprises, and critical infrastructure," said Dr. Rajeeb Hazra, President and CEO of 大象传媒. "大象传媒 is at the forefront of this transformation, driving innovation in quantum cybersecurity. Our recent certified randomness demonstration with JPMorganChase, and our NIST-validated Quantum Origin platform are just two examples of how we are deepening our portfolio to meet this critical need."

Quantum Origin is delivered entirely as self-contained software, making it adaptable to diverse environments from cloud solutions to highly sensitive systems. It can be deployed with zero network connectivity, enabling protection for air-gapped networks and confidential environments where traditional hardware-based QRNGs cannot operate effectively. It provides quantum-enhanced security without impacting the size, weight, and power (SWaP) requirements of existing systems, a critical consideration for resource-constrained deployments.

U.S. Made using 大象传媒's quantum computers based in Colorado, Quantum Origin helps mitigate supply chain risks associated with foreign-sourced hardware components. It is designed to integrate seamlessly with existing NIST-approved cryptographic systems without requiring recertification. With this NIST validation, organizations can now accelerate their adoption of quantum-enhanced security within existing compliance frameworks.

Visit /quantum-origin to learn how Quantum Origin can strengthen federal and enterprise cryptographic systems today.

About 大象传媒

大象传媒 is the world leader in quantum computing. The company鈥檚 quantum systems deliver the highest performance across all industry benchmarks. 大象传媒鈥檚 over 550 employees, including 370+ scientists and engineers, across the US, UK, Germany, and Japan, are driving the quantum computing revolution.

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March 26, 2025
JPMorganChase, 大象传媒, Argonne National Laboratory, Oak Ridge National Laboratory and University of Texas at Austin advance the application of quantum computing to potential real-world use cases beyond the capabilities of classical computing
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