Startups building quantum computing apps for cancer research, financial services

DNA-SEQ and 1QBit, two startups working on cancer research and financial modeling, respectively, have partnered with quantum computer manufacturer D-Wave Systems to try and develop applications that can run on the latter’s system. Last month, a company called Aerospace Concepts announced its plans to develop quantum computing software targeting advanced systems design. Debate over D-Wave’s technology aside, attempts to build quantum software targeting specific industries are meaningful. If they’re eventually proven effective, such applications will presumably lower barriers to adoption (e.g., how to use them and when) that often accompany new technologies.

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