In the world of quantum computing, where scientists and engineers strive to harness the bizarre laws of quantum mechanics to create computers of unprecedented power, one of the main and most insidious problems remains quantum errors. Qubits – the quantum counterparts of classical bits – are extremely sensitive to the slightest external influences, noise, and decoherence, which leads to information distortion and makes computation results unreliable. That is why research in quantum error correction (QEC) is a cornerstone on the path to creating full-scale, fault-tolerant quantum computers. And so, on May 13, 2025, at the Commercialising Quantum Global 2025 summit in London, Infleqtion, a leader in quantum technology development, in collaboration with financial giant JPMorgan Chase, took an important step for the entire scientific community – announcing the release of a new open-source software library for research in quantum error correction.
This seemingly niche announcement actually holds immense significance. Providing such a tool in an open-source format means that researchers worldwide will gain free access to advanced algorithms and methodologies, be able to test new ideas, share results, and collectively accelerate progress in one of the most complex areas of quantum science. Infleqtion, known for its developments in quantum sensors, atomic clocks, and components for quantum computers, together with JPMorgan Chase, which is actively exploring the application of quantum computing in the financial sector, have created a tool that, in their words, is designed to "dramatically accelerate research progress towards improving the efficiency of potential quantum applications."
The new library, details of which were presented by Infleqtion CEO Matthew Kinsella, will provide scientists with a platform for modeling various quantum error correction codes, simulating qubit behavior under noisy conditions, and developing new strategies for protecting quantum information. Why is this so important? The fact is that without effective error correction, the potential of quantum computers – to solve problems intractable for even the most powerful modern supercomputers (e.g., in drug discovery, new materials creation, complex systems optimization, cryptography, and, particularly interestingly, in breakthrough areas of artificial intelligence) – will remain unrealized. Stable and reliable qubits are the key to quantum supremacy.
The collaboration between technology company Infleqtion and financial institution JPMorgan Chase also underscores the growing interest of big business in the practical application of quantum technologies. The financial industry, with its complex risk assessment models, portfolio optimization, and the need for rapid processing of vast amounts of data, is one of the potential beneficiaries of the quantum revolution. By opening access to this Infleqtions quantum error correction research library, the companies not only contribute to general scientific progress but also likely stimulate the development of the ecosystem around quantum computing, bringing closer the day when quantum computers can solve real industrial problems, including tasks that will enable the creation of qualitatively new, more powerful AI models.