www.ept.ca, May. 04, 2021 –
Novacene and CMC Microsystems, manager of Canada's National Design Network (CNDN), launched a quantum-enhanced artificial intelligence (AI) application for business users. The two firms partnered to incorporate quantum AI algorithms into the NovaceneAI Platform.
Ottawa-based Novacene's platform uses AI and machine learning (ML) technology to automate business processes, allowing teams to focus on higher-value activities while using data to support decision making. By using quantum technology, Novacene aims to make its platform reach performance levels that were previously impossible.
The quantum advantage
AI and ML algorithms require intensive computing operations. When coupled with massive amounts of data, these applications test the limits of classical computers. Quantum computers however can solve problems with a complexity that exceeds the computing capacity of conventional supercomputers, opening up new possibilities for applications across different fields including AI, biochemistry, finance, and cybersecurity.