The Fidelity Center for Applied Technology (FCAT®), an innovative technology resource for Fidelity Investments, has announced new research focused on developing real-world applications of quantum computing techniques based on computational tasks with a known quantum advantage.
Conducted in collaboration with Xanadu, a leading photonic quantum computing company, the research adapts a well-known concept in quantum computing called the Hidden Subgroup Problem (HSP). Traditionally, quantum solutions to the HSP have only worked well in perfectly clean and highly structured scenarios - conditions that rarely exist in the real world. Because of this, its practical value has been limited.
In their new research, the FCAT and Xanadu teams introduced methods that let quantum computers handle noisy, imperfect data instead of requiring flawless inputs. Rather than searching for a precise mathematical structure, their approach can uncover approximate patterns - the kinds of relationships and dependencies that naturally appear in real datasets. This shift could make quantum algorithms far more useful for real-world applications.
“One of the biggest challenges in applying advanced computation to real data is that the structure is never clean or exact,” said Michael Dascal, VP Quantum Technology at the Fidelity Center for Applied Technology. “This work begins to explore how quantum approaches can be adapted to operate in realistic conditions, which is an important step toward understanding where quantum computing may eventually provide meaningful advantages.”
“This research opens up a foundational quantum computing framework for new and exciting applications. We believe this work with FCAT to be a fundamental step in our goal of finding useful applications of quantum computers for machine learning,” said Christian Weedbrook, Founder and Chief Executive Officer of Xanadu.
To encourage further development across the field, FCAT and Xanadu have made their research and supporting code openly available, inviting researchers across academia and industry to build on their results. This collaboration reflects a shared commitment to moving quantum computing beyond theory and toward real-world impact.
Click here to access FCAT and Xanadu’s research paper and findings.
About the Fidelity Center for Applied Technology (FCAT®)
Since 1999, the Fidelity Center for Applied Technology (FCAT®) has served as an innovative technology resource for Fidelity Investments. FCAT research and development teams evaluate and track important trends in technology, identifying those that will matter most to Fidelity over the coming years. FCAT is a catalyst for breakthrough achievements, developing and bringing new capabilities and products to scale and building effective tools and systems that support millions of individual and institutional customers. Every day, FCAT teams lay the foundation for Fidelity’s future, one experiment at a time. For more information, visit www.fcatalyst.com.
About Xanadu
Xanadu is a Canadian quantum computing company with the mission to build quantum computers that are useful and available to people everywhere. Founded in 2016, Xanadu has become one of the world’s leading quantum hardware and software companies. The Company also leads the development of PennyLane, an open-source software library for quantum computing and application development. Visit xanadu.ai or follow us on X @XanaduAI.
Press Contact: press@xanadu.ai
Investor Relations: investors@xanadu.ai
