Phasecraft's THRIFT Algorithm Boosts Quantum Simulations by 10x!

UK startup Phasecraft has unveiled a groundbreaking algorithm, THRIFT, which enhances quantum computer simulations of materials and chemicals by tenfold. This leap marks the largest advancement in quantum simulations, enabling faster and more accurate modeling on current machines. The algorithm could revolutionize fields like energy and medicine, as it optimizes simulations on imperfect quantum devices.