Quantum Computing debuts quantum application development platform Mukai

Quantum Computing Inc (OTCMKTS:QUBT) has released its Mukai quantum application development platform, featuring a software stack ready to solve extremely complex optimization problems. 

Mukai can be used to attack some of the most difficult computing challenges in industry and government by enabling developers to create quantum-ready applications that can run on both classical and quantum computers. 

The Mukai platform is available today, running on QCI’s scalable, classical cloud infrastructure, the company said. 

READ: Quantum Computing launches quantum software application for financial institutions

“Mukai enables developers to create and deploy practical applications that solve very hard problems today,” Chief Technology Officer Mike Booth said. “We believe this will bring immediate value to potential clients, while also providing a clear path to emerging quantum hardware. As Mukai provides an abstraction layer to the actual computing hardware, a client’s investment in application development today should pay off in two ways, without having to take the hardware platform into consideration.”

The Mukai software uses optimized parallel code and is centered on the quadratic unconstrained binary optimization (QUBO) formulation, a pattern-matching mechanism in machine learning. 

It utilizes both Quantum Computing’s graph-analysis package that exploits that capability for graph problems and its qbsolv package that implements a state-of-the-art, high-performance optimization capability for QUBO problems.

“In addition to developing the quantum application development platform, QCI is leveraging its expertise in finance, computing, and security to build applications on top of Mukai that we believe will deliver immediate value to potential clients,” VP of Product Development Steve Reinhardt said. 

“The first of those, Quantum Asset Allocator (QAA), was recently announced,” he added. “It provides small and medium-sized financial institutions the ability to do asset allocation in a way that was previously the province of large brokerage firms, mutual funds, and the largest quant funds. Using Mukai means it can run on either classic or quantum resources, depending on which delivers superior performance,”

Contact Andrew Kessel at [email protected] 

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Story by ProactiveInvestors