Welcome to The New Quantum Era, a podcast hosted by Sebastian Hassinger and Kevin Rowney. In this episode, we have an insightful conversation with Dr. Toby Cubitt, a pioneer in quantum computing, a professor at UCL, and a co-founder of Phasecraft. Dr. Cubitt shares his deep understanding of the current state of quantum computing, the challenges it faces, and the promising future it holds. He also discusses the unique approach Phasecraft is taking to bridge the gap between theoretical algorithms and practical, commercially viable applications on near-term quantum hardware.

Key Highlights:

• The Dual Focus of Phasecraft: Dr. Cubitt explains how Phasecraft is dedicated to algorithms and applications, avoiding traditional consultancy to drive technology forward through deep partnerships and collaborative development.
• Realistic Perspective on Quantum Computing: Despite the hype cycles, Dr. Cubitt maintains a consistent, cautiously optimistic outlook on the progress toward quantum advantage, emphasizing the complexity and long-term nature of the field.
• Commercial Viability and Algorithm Development: The discussion covers Phasecraft’s strategic focus on material science and chemistry simulations as early applications of quantum computing, leveraging the unique strengths of quantum algorithms to tackle real-world problems.
• Innovative Algorithmic Approaches: Dr. Cubitt details Phasecraft’s advancements in quantum algorithms, including new methods for time dynamics simulation and hybrid quantum-classical algorithms like Quantum enhanced DFT, which combine classical and quantum computing strengths.
• Future Milestones: The conversation touches on the anticipated breakthroughs in the next few years, aiming for quantum advantage and the significant implications for both scientific research and commercial applications.

Papers Mentioned in this episode:

• Observing ground-state properties of the Fermi-Hubbard model using a scalable algorithm on a quantum computer
• Towards near-term quantum simulation of materials
• Enhancing density functional theory using the variational quantum eigensolver
• Dissipative ground state preparation and the Dissipative Quantum Eigensolver

Other sites:

• Phasecraft
• Dr. Toby Cubitt’s personal site