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    Critical thoughts on quantum technologies

    Multiverse Computing: Shaping the Landscape of Quantum Tech

    ByThemba Hadebe

    Jan 21, 2024
    Multiverse Computing: Shaping the Landscape of Quantum Tech

    Multiverse Computing, a pioneering deep tech company established in 2019, has emerged as a key player in the development of quantum software for extreme applications. With headquarters in San Sebasti├ín, Spain, the company has expanded its presence to Toronto, Paris, and Munich, solidifying its position in the quantum computing and finance sectors. One of the experts leading Multiverse’s path is Sam Mugel, a PhD holder in cold atoms, who has played a crucial role in shaping the company’s trajectory.

    In a recent exclusive interview with La French Tech Toronto, Mugel shared his journey from initially being captivated by quantum computing as a mere laboratory curiosity in Barcelona back in 2013 to witnessing its remarkable evolution into a field with significant industrial applications. While pursuing his doctoral studies, which were completed in 2017, Mugel witnessed an upsurge in interest in quantum computing, recognizing it as an unparalleled opportunity to contribute to a transformative technology.

    Reflecting on the progress made, Mugel remarked, “By the time I finished my PhD in 2017, quantum computing had evolved into something that everyone was talking about. We were already delving into solving problems that had tangible relevance to industry.”

    More recently, Multiverse Computing has garnered attention with a keynote speech at the French Tech event, focusing on Near Intermediate Error-prone Quantum Computing (NISQ). In this regard, Mugel highlighted the potential of NISQ to bring value to industries by leveraging existing quantum computing technologies. Multiverse has forged collaborations with prominent organizations like Xanadu, OVH Cloud, and Creative Destruction Lab, further cementing its position as an innovator pushing the boundaries of quantum technology.

    Mugel also emphasized Multiverse Computing’s contribution to the French Tech ecosystem, illustrating their deep connection with the French and Canadian markets, which are at the forefront of quantum computing advancements. He acknowledged the significance of public funding and corporate interest in accelerating the development of quantum technologies, underscoring Multiverse’s multifaceted engagement in finance, manufacturing, energy markets, and AI.

    The Multiverse Computing Research Center, initially focused on finance and working closely with institutions like Alli Bank and BBVA, has been instrumental in exploring quantum computing applications beyond the financial sphere. With its Toronto team focusing on AI and finance, and European branches making strides in manufacturing and energy, Multiverse is poised to replicate its success in North America on an international scale.

    Looking ahead, Mugel expressed unwavering optimism for the future of quantum computing and its profound impact on various industries. His insights showcase both a deep understanding of the field and Multiverse Computing’s unrivaled role in shaping the quantum tech landscape, propelling it toward new frontiers.

    Frequently Asked Questions (FAQ)

    1. What is Multiverse Computing?
    Multiverse Computing is a deep tech company that specializes in the development of quantum software for extreme applications. Established in 2019, the company has headquarters in San Sebastián, Spain, and has expanded its presence to Toronto, Paris, and Munich.

    2. Who is Sam Mugel and what role does he play in Multiverse Computing?
    Sam Mugel is one of the experts leading Multiverse’s path. He holds a PhD in cold atoms and has played a crucial role in shaping the company’s trajectory.

    3. How did Sam Mugel become interested in quantum computing?
    Sam Mugel became captivated by quantum computing in 2013 when he viewed it as a laboratory curiosity. Over time, he witnessed its evolution into a field with significant industrial applications and recognized its transformative potential.

    4. What is NISQ and how does Multiverse Computing leverage it?
    NISQ stands for Near Intermediate Error-prone Quantum Computing. Multiverse Computing believes that NISQ has the potential to bring value to industries by utilizing existing quantum computing technologies. They have focused on NISQ and formed collaborations with organizations like Xanadu, OVH Cloud, and Creative Destruction Lab.

    5. What industries does Multiverse Computing engage with?
    Multiverse Computing is engaged in various industries, including finance, manufacturing, energy markets, and AI. They have collaborated with institutions like Alli Bank and BBVA in the financial sector and are making strides in manufacturing and energy sectors as well.

    6. What is the Multiverse Computing Research Center?
    The Multiverse Computing Research Center initially focused on finance and worked closely with institutions like Alli Bank and BBVA. However, it has now expanded to explore quantum computing applications beyond the financial sphere. Their teams in Toronto are concentrating on AI and finance, while their European branches are making advancements in manufacturing and energy.

    7. What is the outlook for the future of quantum computing?
    Sam Mugel expressed unwavering optimism for the future of quantum computing and its profound impact on various industries. He believes that quantum computing will continue to push boundaries and shape the tech landscape.

    Key Terms and Jargon:
    – Quantum computing: A type of computing that uses the principles of quantum mechanics to perform computations.
    – NISQ: Near Intermediate Error-prone Quantum Computing, which refers to the utilization of existing quantum computing technologies for practical applications.
    – AI: Artificial Intelligence, the simulation of human intelligence in machines.
    – French Tech: A term used to refer to the French start-up ecosystem and all the actors (entrepreneurs, investors, communities, etc.) that contribute to its development.

    Suggested Related Links:
    Multiverse Computing
    Xanadu
    OVH Cloud
    Creative Destruction Lab
    Alli Bank
    BBVA