Argentina leads the Latin American race in quantum computing and AI with a national company.

Published in ITsitio

The initiative is driven by /q99, a company projecting investments of over $100 million for the next five years in the region, aiming to lead the convergence of quantum computing and AI on a global scale.

Technology continues to challenge the future, and Artificial Intelligence, already integrated into the routine of Argentines with tools like ChatGPT, is just the beginning. Behind the scenes, there's another paradigm shift rapidly progressing: Quantum Computing, promising an even more radical revolution in our lives to turn what until recently seemed like utopian ideas into reality.

/q99, the startup created by the Argentine Facundo Díaz, has convened an interdisciplinary team of scientists and technology professionals to foster the creation of an ecosystem that boosts the development of these technologies in Latin America.

The company is already making strides in key areas with high-impact projects: from transforming companies and businesses through hyper-personalization of products and prices, to eradicating diseases through medical advancements, and driving sustainability through the development of hyper-efficient value chains and supplies with a positive environmental impact. In the financial sector, they are developing automated investment portfolio models that optimize returns while minimizing risks.

"Latin America was late to the AI revolution, a technology dating back to 1950, but it can still be a leader in Quantum Computing. At /q99, we aim to develop a research and collaboration ecosystem to fully leverage the possibilities offered by the convergence of AI, Machine Learning, and quantum computing. We seek out, support, and incubate projects. With over 30 patents in development, our goal is to spur innovation and cultivate talent in the region through partnerships with companies and universities to lead the next technological revolution," says Facundo Díaz, CEO of /q99.

Classical computing, which we use today and is based on bits, is limited by its binary nature. Quantum computing, with qubits, is exponentially faster, processing complex calculations in seconds that would take centuries in classical systems. This capability greatly expands the potential of AI and Machine Learning, enabling unprecedented learning and solution generation.

Díaz remarks: "Most companies squander over 90% of their data, using management software that only produces predefined results. In the age of AI, and especially when combined with quantum computing, this approach becomes obsolete." He continues: "Our first development is an engine that captures and synchronizes vast amounts of internal and external data with AI models and quantum computing power. Once trained, these systems can manage any business process more rapidly, efficiently, and sophisticatedly than the best current market software."

With investments projected to exceed $100 million in the next five years and partnerships with global leaders in quantum computing, this emerging startup is already positioning itself as a key player in the technological and economic advancement of the region.