Riverlane’s CEO Steve Brierley emphasized the importance of quantum error correction in unlocking the full potential of quantum computing at the 2024 Quantum World Congress. The company developed its first quantum error correction (QC) chip, DD1, which achieves a “logical error rate of one in a trillion” by efficiently processing error data.
Riverlane aims to reach “million quantum operations” by 2026, enabling quantum computers to perform 10,000 times more error-free operations than current systems. This breakthrough will revolutionize industries like healthcare and manufacturing.
Brierley highlighted the significance of dedicated QC chips in scaling up quantum computing: “Just as GPUs were used to scale up AI workloads, QC chips will be needed to scale up quantum computers.” Riverlane plans to support this goal, achieving a milestone with its first QC chip.
The company’s innovation enables quantum computers to handle complex operations without succumbing to errors. With the world’s first QC chip, DD1, Riverlane can now process vast amounts of error data efficiently and implement advanced decoding algorithms.
By 2026, Riverlane aims to support “million quantum operations,” a threshold that will bring about a significant increase in computational power, enabling industries like healthcare and manufacturing to solve complex problems more efficiently.
This breakthrough is expected to make a substantial impact on various sectors within the next three to four years, as Riverlane continues to push the boundaries of error-corrected quantum computing.
Source: https://thequantuminsider.com/2024/10/30/riverlane-ceo-asks-what-will-we-do-with-error-corrected-quantum-computers