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Showing posts with label Airbnb. Show all posts
Showing posts with label Airbnb. Show all posts

Wednesday, July 11, 2018

Sequoia Capital backs Q-Ctrl, the Australian quantum computing start-up

The investors behind a who's who of tech giants ranging from @Apple and @Airbnb to @Yahoo and @YouTube are pouring money into a small Australian #quantumcomputing company, cementing Australia's position as a leader in the technology that is expected to revolutionise the 21st century. Sequoia Capital, the Silicon Valley venture capitalists that also backed @Google, Instagram and @PayPal, are now backing @Q-Ctrl, a quantum computing software company based at the @University of Sydney. Q-Ctrl's software, developed by Professor Michael Biercuk at the University of Sydney Quantum Control Laboratory, is designed to help solve what has emerged as one of the biggest problems slowing down the development of a useful quantum computer: how to keep the delicate, atom-scale data bits, known as quantum bits or "qubits", stable long enough for them to be used for computations. To give quantum computers an advantage over classical computers, qubits have to exist in a state known as "superposition", where they represent 0 and 1 at the same time, and where they can be used to quickly make calculations that are either unfeasibly slow, or completely impossible, with the classical data bits now used the world over, which can represent either 1 or 0 but cannot be both at once.

https://www.afr.com/technology/sequoia-capital-backs-australian-quantum-computing-startup-qctrl-20180706-h12cu8

Sunday, August 28, 2016

Shaun Stewart will join Google’s self-driving car project.

#Alphabet ’s #Google self-driving car project took a step closer to market with the hire of a top executive from #Airbnb, the online vacation home rental marketplace. Shaun Stewart is joining Google GOOGL 0.24% as a director of the self-driving car project, spokesman Johnny Luu said on Friday. Stewart’s role will be to help commercialize Google’s self-driving technology, which has been in development for more than seven years and has seen an increased pace of activity over the last 12 months. Stewart’s hiring follows the departure earlier this month of Chris Urmson, chief technical officer of the project. Urmson was the project’s team leader and chief public spokesman until ex-#Hyundai executive John Krafcik was hired by Google in 2015 as the project’s CEO.

http://fortune.com/2016/08/26/google-airbnb-self-driving-cars/