World's 3rd Largest Quantum Computing Company Collaborates with Korea on Quantum Error Joint Research

Xanadu Joins International Joint Research Center for Quantum Error Correction

A leading global quantum computing company ranked third in the world will jointly research quantum error correction technology with a Korean national research institute.

▲KIST

The Korea Institute of Science and Technology (KIST) held a kickoff meeting on the 11th at its headquarters in Seongbuk-gu, Seoul, with Christian Weedbrook of Xanadu, a Canadian quantum computing company, to jointly develop core quantum computing technologies.

Founded in 2016, Xanadu is a global leader in quantum computing, achieving quantum advantage third in the world after Google in the United States and USTC in China. As of 2022, its corporate value is estimated at approximately 1.3 trillion KRW. Over 160 experts conduct research and development. In addition to quantum computing hardware, Xanadu has recently stood out in the application field of quantum computing by forming a partnership with Germany's Volkswagen for next-generation battery development using quantum simulation.

KIST and Xanadu previously signed a memorandum of understanding (MOU) on the 1st to participate in the "International Joint Research Center for Quantum Error Correction" led by KIST. Since then, Xanadu officially joined as a partner institution in June and began full-scale joint research.

At the meeting, CEO Weedbrook stated, "Through cooperation with KIST, we will jointly research photonic-based quantum computing hardware and algorithm development and also exchange personnel." KIST President Yoon Seok-jin said, "We are striving to achieve world-class results in the field of quantum technology through international cooperation, and joint research with Xanadu is a representative example."

Last year, KIST also began joint research on quantum error correction with the University of Chicago and the U.S. National Institute of Standards and Technology. In August, it hosted an international technology symposium on photonic-based quantum computing, attended by world-renowned experts such as Professor Takeda Taro of the University of Tokyo and Josh Nunn, Chief Scientific Officer of Orca Computing in the UK.