NEC to Use ParityQC Architecture for a New Quantum Annealer

NEC is planning to develop a practical quantum annealer by 2023 and has reached an agreement with ParityQC in Austria to use their architecture. NEC will be using its superconducting parametron technology which will provide all-to-all connectivity between qubits and utilize a 3D integration technology. Parity's contribution will be their architecture based upon an LHZ scheme that provides reduced complexity.

This announcement is interesting because NEC announced last year that it was investing $10 million in D-Wave and was undertaking a joint product development, applications research and marketing program with them. For more on this announcement, you can view the news release on the ParityQC website here and also NEC's page describing their quantum computing initiatives here.

February 10, 2021