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Xanadu, a world leader in photonic quantum computing, announced a partnership with the Electronics and Telecommunications Research Institute (ETRI), a top South Korean government-funded research institution. The goal of this partnership is to advance fundamental research in quantum machine learning and artificial intelligence (AI) for emerging fault-tolerant quantum computers.
Canadian-based Xanadu is at the forefront of quantum computing, developing quantum algorithms and applications for next-generation technologies. Integral to this partnership is Xanadu's open-source software library, PennyLane, designed to accelerate quantum computing research and development.
Parties
Company
Xanadu
Government
Electronics and Telecommunications Research Institute (ETRI)
Deal Type
Joint VentureIndustry
Tech/Computer/ITTransaction
Undisclosed/ConfidentialDeal Status
ActiveClosing Date