Rigetti Computing awarded Innovate UK grant for Quantum Machine learning

Rigetti UK (RGTI) was awarded an Innovate UK grant as part of the Feasibility Studies in Quantum Computing Applications competition. The consortium aims to use quantum computing to improve current classical machine learning techniques used by financial institutions to analyze complex data streams. Joining Rigetti in this work is Amazon Web Services (AMZN), Imperial College London, and Standard Chartered (SCBFF). By leveraging Rigetti’s quantum computer and software, Standard Chartered’s datasets and classical benchmarks, Imperial College London’s expertise on classical machine learning models for data streams, and AWS classical high performance computing resources, the consortium will aim to address the following research objectives: further develop quantum signature kernels and quantum-enhanced feature maps, benchmark the results against classical machine learning methods for streamed data, and build and study quantum algorithms for computing signatures and signature kernels for long and high-dimensional data streams efficiently.