BTQ Technologies Is Using GPUs For Faster Quantum Simulations

BTQ Technologies is coming after a new breakthrough in quantum computing: using GPUs for quantum simulations.

What’s happening:

• BTQ Technologies (NASDAQ: BTQ) has unveiled a major upgrade to their quantum emulator through their QPerfect division to dramatically scale up the speed of quantum simulations
  

Why it matters:‍

• QPerfect’s new upgrade to their quantum emulator known as QLEO allows for GPU acceleration and a complete integration with Nvidia’s (NASDAQ: NVDA) CUDA-Q software platform to enable up to 100x faster quantum simulations than previously possible
  

Going deeper:‍

• BTQ Technologies has publicly stated that being able to run quantum simulations on GPUs could potentially solve the performance challenges and traditional limitations caused by operating on CPUs
  
• Nvidia’s CUDA-Q software platform is their purpose built development environment for running quantum algorithms on quantum computers and is aiming to enable entirely new breakthroughs in hybrid quantum classical applications