The Argentine who seeks to lead in quantum computing and already projects investments of USD 100 million

Published in A24

By combining Artificial Intelligence (AI) with quantum computing, the startup estimates investments of over $100 million in the next 5 years. How it plans to achieve the convergence of these technologies to lead the segment in Latin America.

Technology continues to challenge the future, and Artificial Intelligence (AI), already part of Argentines' routine with tools like ChatGPT, is just the tip of the iceberg. Behind it lies another rapidly advancing paradigm shift: quantum computing, which promises an even more radical revolution in people's lives, making realities of what until recently seemed utopian.

In this regard, /q99, the startup created by Argentine Facundo Díaz, has managed to assemble an interdisciplinary team of scientists and technology professionals to promote the creation of an ecosystem that enhances the development of these technologies in Latin America.

Quantum Computing in People's Lives.

In fact, the company is already venturing into key areas with high-impact projects: from transforming companies and businesses through the hyper-personalization of products and prices, to eradicating diseases with advances in medicine, and innovating in sustainability through the development of hyper-efficient value chains and supply systems with a positive impact on the environment.

In the financial sector, they are developing automated investment portfolio models capable of optimizing returns while minimizing risks.

"Latin America joined the AI revolution late, a technology dating back to 1950, but it can still lead in quantum computing," Díaz asserts.

That's why, he explains, "we seek to develop a research and collaboration ecosystem to fully leverage the possibilities offered by this convergence of AI, Machine Learning, and quantum computing."

According to the CEO of /q99, where they support and incubate projects, "with more than 30 patents in development, our approach seeks to drive innovation and develop talent in the region through partnerships with companies and universities to lead the next technological revolution."

From Artificial Intelligence to Quantum Computing

To better understand what the project is all about, the company explains that classical computing currently used, based on bits, is limited by its binary nature.

Quantum computing, on the other hand, 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, allowing for unprecedented learning and solution generation.

In this respect, Díaz comments, "most companies waste more than 90% of their data using management software that only generates predefined results. In the age of AI, and especially when combined with quantum computing, this approach becomes obsolete."

He explains: "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 quickly, efficiently, and sophisticatedly than the best current market software."

With projected investments of more than $100 million over the next five years, and partnerships with global leaders in quantum computing, this emerging startup led by an Argentine is poised to become a key player in the technological and economic advancement of the region.

With an estimated investment of over $100 million for the next five years in the region, the company founded by Facundo Díaz seeks to lead the global convergence between quantum computing and AI.