Europe is betting big on quantum computing

A one billion euro project, announced by the European Commission aims to develop quantum technologies over the next 10 years to place Europe at the forefront of this emerging technology. Quantum computers have been hailed for their revolutionary potential in everything from space exploration to cancer treatment and financial markets.

Unlike conventional computers, quantum computers process data in parallel, mimicking, if you like, the human brain. A quantum computer can recreate the behaviour of atoms, model chemical reactions and simulate nature itself, making it capable of large-scale simultaneous computation.

Newsweek magazine spoke with Chatsworth client, Cambridge Quantum Computing (CQCL) about the European Commission’s commitment to the technology, as well the work it is doing to develop a quantum operating system called t|ket>.

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The best and brightest celebrated at Bloomberg Innovators 2016

Chatsworth was delighted to share an evening with a remarkable and talented group of people brought together at Bloomberg Innovators 2016 yesterday evening.

The shared DNA of each business seemed to be the energy levels, levels of staff engagement and love for what they do. Not to mention an intense focus on the product, customer service and the desire to shake up the incumbent competition or best it.

We were there with the team from Cambridge Quantum Computing to celebrate their I recognition as one of the top 50 innovators of 2016.

Full marks to the SevenHills team and Bloomberg’s Nate Lanxon for pulling the evening together and helming a great event.