123 views
Photo by Andrea Piacquadio from Pexels

SC Ventures, Fujitsu join forces for quantum computing

It will include in-house solutions development for fraud detection, amongst others.

SC Ventures and Fujitsu are partnering to launch Project Quanta, a platform aiming to help clients develop and use quantum computing applications.

The joint venture will combine Fujitsu's expertise in quantum computing with SC Ventures' knowledge of the financial industry to accelerate the development of new quantum applications.

It will also include in-house solutions development on fraud detection, risk simulations, derivative pricing, algorithmic trading, and credit decision algorithms.

Based on the collaboration with RIKEN, Fujitsu is currently developing a 1,000-qubit superconducting quantum computer, scheduled to begin operation in 2026.

Looking ahead, Fujitsu is also planning the development of a plus-10,000 physical qubit (250 logical qubit) superconducting quantum computer by 2030.
 

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.