Zapata Ai was a company, founded by Harvard Alum, building Quantum Ai technology solutions for enterprises!

 

Zapata Ai

Zapata AI, also known as Zapata Computing, was founded by a group of quantum computing experts and academics from Harvard University. 

Zapata Ai has told investors for some time now that, it specializes in developing quantum algorithms and software platforms (Quantum Ai), such as Orquestra, designed to solve complex computational problems across various industries.

In addition to aerospace companies and U.S. government agencies, 

Zapata Computing said it has attracted interest from a diverse range of industries, from Government and Aerospace companies.

"BOMBSHELL" NEWS:

Editors Note: We (and all investors) just got slammed by the board at Zapata!

1. Oct 12 - Zapata dropped a bombshell on investors!

2. Zapatas board approved the termination of all employees, save for a few who will conduct the winding down operations. The company said its financial obligations are more than the fair market value of its assets.
   
   Further, the company said it didn't expect to initiate bankruptcy proceedings or seek stockholder approval for the cessation of operation.

3. It also said that shareholders will not participate in any of it's assets (Read technology/patents)

4. This is a blindside attack on shareholders who were led to believe the company was beginning to thrive on the back of recent deals with Government agencies and Mag Aerospace!

5. No doubt there will be some sort of legal action!

The convergence of robotics, AI, and quantum technology is shaping the future across various industries. Here are some companies at the forefront:

 

There are many companies now making a charge to combine these technologies!

Here are 7 that should make any list when considering this area as an investment!

1. Medtronic (MDT): Medtronic’s Hugo robot assists surgeons in robotic surgery, leveraging advanced robotics for better patient outcomes.
2. Palantir (PLTR): With a 20-year AI headstart, Palantir is positioned to be a winner in the field. Their AI solutions span various applications.
3. Trimble (TRMB): Partnering with Boston Dynamics, Trimble delivers AI sensing tech to its famous robots, enhancing their capabilities1.
4. IBM: A leader in quantum computing, IBM has developed the world’s first 127-qubit processor.
5. Nvidia: Known for increasing productivity in factories and warehouses with Smart Transport Robots.
6. Alibaba: Deploying smart supply chain solutions to boost efficiency, productivity, and revenue
7. ZapataAi is a cutting edge start ups that is pushing the boundaries of combining GenerativeAi and Quantum Computing!

These companies are driving innovation and pushing the boundaries of what’s possible with AI and robotics. Keep an eye on their developments! 

Pure plays in the race for Quantum Computing technology, IONQ, Quantinuum and D-wave technologies - comparisons!

Why did Tesla purchase 2,000 lidar units from Luminar Technologies? What might they be used for?

Is the buildout of Quantum Generative Ai here or soon to be here?

 D-Wave Quantum Inc. and Zapata AI announced their strategic technical and commercial collaboration on February 8, 2024.  

Zapata is also collaborating with IONQ in this search for the ultimate solution, Quantum Generative Ai!

These multi-year partnerships aim to develop and bring to market commercial applications that combine the power of generative AI and quantum computing technologies. 

The collaboration will focus on joint technical development and commercial deployment of applications for customers faced with computationally complex problems. 

By leveraging quantum-enabled machine learning algorithms, these applications will harness the capabilities of D-Wave’s quantum technologies, which have been proven to perform coherent quantum annealing with 5,000+ qubits, pushing beyond the boundaries of classical computers. 

Initially, the collaboration will concentrate on building quantum generative AI models to accelerate the discovery of new molecules. 

Zapata AI gains access to D-Wave’s powerful Advantage™ annealing quantum computing systems, quantum-hybrid solvers, and development resources, which will accelerate commercial application development and provide production access to Zapata’s customers. 

Additionally, the collaboration includes joint go-to-market efforts, with exclusive availability of the commercial applications via a solver hosted in D-Wave’s Leap™ real-time quantum cloud service. 

This partnership represents a significant step toward unlocking previously unattainable value by combining generative AI and quantum computing technologies to tackle complex problems.

QBTS In the news:

Dwave  will be included in the broad-market Russell3000(R) Index , effective at the open of US equity markets on Monday, July 1st, 2024, according to a preliminary list of additions posted on Friday, May 24th, 2024.

Dwave was highlighted this week in the Wall St Journal for it's strides in Quantum Computing and how it is already being used in business through it's many partnerships!

Taylor Swift's team is even using Dwave in their concert lineup! see:

Taylor Swift Concert goes Quantum | by GQuinta | May, 2024 | Medium

Disclosure: We are long Dwave Quantum - QBTS and IONQ and we're adding to both!

D-Wave on X:

"We're 'Enchanted' to hear that GQuinta (via @Medium) was a 'Mastermind' and used D-Wave to create the ultimate @taylorswift13 playlist! Never in our 'Wildest Dreams' did we imagine our #quantum tech used like this! D-Wave + #Swifties = ‘Love Story’! https://t.co/7og11gWjrC $QBTS" / X

Zapata AI and IonQ have also joined forces in a strategic alliance to advance generative AI research. 

This collaboration builds upon their previous quantum work and focuses specifically on generative AI techniques. Here’s how they’re working together: 

1. Benchmarking Generative AI Techniques on Quantum Hardware:

   • The teams from Zapata AI and IonQ are actively benchmarking generative AI techniques using quantum hardware.
   • Their goal is to uncover new potential advantages of quantum computing that could help solve complex real-world business problems1.
   • This research aims to explore how quantum-enhanced generative modeling can provide an edge for industrial applications, such as drug discovery, optimization, language processing, and predictive analytics1.

2. Joint Collaboration and Expertise:

   • The strategic alliance brings together Zapata’s application development experts and IonQ’s scientists.
   • They collaborate on joint generative AI projects, leveraging IonQ’s advanced compute technology and services1.
   • Previously, they worked on a first-of-its-kind project to generate high-quality, real-world data using quantum hardware1.

3. Scaling Delivery for Enterprise Customers:

   • Beyond research, the partnership also focuses on joint go-to-market activities.
   • They aim to scale the delivery of IonQ’s advanced compute services alongside Zapata’s products for enterprise customers1.

In summary, this collaboration between Zapata AI and IonQ aims to unlock the potential of quantum computing for generative AI, ultimately benefiting businesses and solving complex challenges. For more information, you can visit Zapata AI’s website.