PRESS RELEASE
Artificial Brain has signed an MoU with CHRIST (Deemed to be University), Lavasa Pune for 5 years to collaborate on quantum research
In order to advance the quantum field, Artificial Brain has signed a Memorandum of Understanding (MoU) with CHRIST (Deemed to be University), Lavasa, Pune, for a 5-year period. This collaboration will involve the following:
Conducting quantum research in the areas of Finance, Space, and Energy.
Organizing quantum workshops and seminars to spread quantum awareness.
Providing internship opportunities for Christ's students.
Supporting PhD students in their quantum research.
Publication of white papers and technical papers.
Identifying new quantum use cases.
Developing quantum use cases together.
The combination of Christ's Finance, management, and data analytics talent (and now quantum as well) is rare and valuable. This collaboration will play a big role in expanding the quantum footprints in India and globally.
About Artificial Brain:
Artificial Brain is a quantum computing software company developing quantum optimization software for Space, Energy, and Finance. Artificial Brain also helps companies and institutions to become quantum ready.
In the past, Artificial Brain has developed a location optimization quantum algorithm for finding the best locations for placing EV charging stations. This algorithm can be modified to be used for wind layout farm optimization.
As part of its space research, Artificial Brain has produced white papers on Space Sustainability and Satellite Placement Optimization using quantum computing.
About CHRIST (Deemed to be University):
CHRIST (Deemed to be University) was born out of the educational vision of St Kuriakose Elias Chavara, an educationalist and social reformer of the nineteenth century in South India. He founded the first Catholic indigenous congregation, Carmelites of Mary Immaculate (CMI), in 1831, which administers CHRIST (Deemed to be University). The institution began as Christ College in 1969 and grew gradually in numbers and infrastructure. It gained a reputation for its outstanding academic achievements.
The Center for Emerging Business Technology CEBT is a research and Innovation center nested out of Christ(Deemed to be University) Pune Lavasa Campus. It takes a cross-disciplinary approach to understand quantum computers that satisfy practical criteria and helps business in taking quicker decisions. Innovation will be at the core of the CEBT’s activities. The CEBT seeks to work with partners across industry, government, and the research community, supporting the development of the broader ecosystem for emerging technologies across Christ University. The Center’s primary focus will be on disseminating relevant knowledge on emerging technologies and their application in various fields with the main focus on business.
PRESS RELEASE
Artificial Brain Releases Novel Algorithm to Find Optimal Locations for Placing
EV Charging Stations Using Quantum Computers
As the number of electric vehicles grows, the placement of electric vehicle charging stations will become a major optimization challenge. Due to the rapid adoption of electric vehicles, there is a need for more charging stations and even to convert existing gas stations to electric charging stations.
Novel Quantum Algorithm
Artificial Brain, a quantum computing company that is developing hybrid quantum-classical algorithms to solve complex business problems in the fields of Energy, Aviation, Finance, and Climate change has announced its success in developing a novel algorithm that helps customers to identify optimal locations for placing electric vehicle charging stations by using quantum computers.
The proposed algorithm solves this problem by considering the point of interest (POI) and already existing electric charging locations and then optimally placing new charging points to cover as many people as possible.
This novel quantum algorithm returns result from an actual quantum computer in less than 3 seconds for 8543811434435330 (8.5 * 10^15) combinations.
Demo: http://tinyurl.com/EV-Quantum-Demo
Novel Quantum + Genetic Algorithm Framework
Artificial Brain has also created a novel framework by combining quantum computing and genetic algorithms that can provide better results (as high as 40%) than vanilla quantum computing for specific use cases such as EV location optimization, etc.
Research paper: https://tinyurl.com/EV-Quantum-Paper
Future Developments
Artificial Brain plans to modify this novel quantum algorithm to find optimal locations for wind and solar farms, as well as for other sustainability use cases.