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Sandbox AQ, a Palo Alto, California-based enterprise software-as-a-service (SaaS) company that provides solutions at the intersection of quantum technology and artificial intelligence (AI), has emerged from Google’s parent company Alphabet as an independent . company. AQ represents AI and Quantum – two key tools the company uses to tackle important global issues.
Sandbox AQ’s mission is in alignment with Gartner’s Hype Cycle for Emerging Technologies 2021 to address global challenges in cyber security, healthcare, energy and more. Gartner recognizes quantum technologies and AI as two of the leading emerging technologies driving innovation through trust, growth and change.
According to a report from McKinsey, quantum computing promises to help businesses solve problems that are beyond the reach and speed of traditional high-performance computers, but its use cases are largely at this early stage. Experimental and imaginary. However, a separate report from McKinsey suggests that investment dollars continue to float and quantum-computing start-ups are proliferating, as we watch the rise of quantum computing.
Undoubtedly, the quantum computing ecosystem is growing and promising – and Sandbox AQ wants to lead the charge in that space.
Quantum Tech Plus AI Will Transform Industries
Jack Hillary, founder and CEO of Sandbox AQ, said in a press release that the company has developed an ecosystem of partners, customers, government agencies and university relationships to drive its mission at scale. Hillary said the gravity of the geopolitical climate necessitates the development of robust cybersecurity platforms for companies and governments.
“In addition to cybersecurity, quantum technology and AI working together has a powerful compound effect of what we call AQ, which could impact areas such as drug development, clean energy and data security,” he said.
Sandbox AQ launched with leading investors, partners, advisors and early clients named Eric Schmidt, former Google CEO and chairman, as a board advisor.
Schmidt said the convergence of quantum and AI technologies is already transforming entire industries, accelerating scientific discovery and re-imagining what we thought was possible. He further added that Sandbox AQ is strategically placed to lead this transformation to global impact due to the company’s focus on developing commercially viable quantum technologies using a combination of today’s high-performance computing power and emerging quantum platforms. posted from.
“Jack is a world-class leader with both the technical vision and business acumen to complete this roadmap and has built a strong team to carry out this mission. I am Chairman of the Board and Investor in Sandbox AQ. I’m excited about this journey,” Schmidt said.
more at launch
Sandbox AQ recently completed a round of funding and has received hundreds of millions from multiple investors. Following this funding, Sandbox AQ will add AI experts, physicists and engineers to its current diverse team of 55 engineers, scientists and technologists to further collaborate, develop and distribute its AI and quantum technologies for a wider range of use cases. Can you
Sandbox AQ is developing commercial products for telecommunications, financial services, healthcare, government, computer security and other computationally intensive sectors.
One of the investors, Jim Breyer, founder and CEO of Breyer Capital, said that quantum technology will have a huge impact on the communications, healthcare, finance and other sectors. Breuer said that while many quantum companies are focusing on computing hardware development, Sandbox AQ is addressing real-world challenges and is now delivering applications to customers.
Another investor, Scott Minrad, president of Guggenheim Investments, said quantum-based solutions in medicine, encryption and navigation will herald a new era and is excited to be part of the Guggenheim Sandbox AQ’s mission.
Sandbox AQ is in close collaboration with its faculty partners at leading universities to invest in Ph.D. student and host postdocs. The company has trained graduate students from Stanford, Harvard, MIT, Oxford, Cambridge, Imperial College, Max Planck Institute, Caltech, UC Berkeley, Columbia, ASU, Yale and other global institutions.
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