Adding divis intelligent solutions GmbH, a leading pioneer in classical optimization and machine learning algorithms, to Terra Quantum will enable the St. Gallen-based startup to accelerate the development and application of classical and hybrid quantum algorithms for real-world applications.
Terra Quantum AG is one of Europe’s leading quantum technology companies focused on providing an end-to-end technology platform delivering real quantum advantage to its customers. Besides enabling its industrial clients to develop solutions for intractable problems, its platform is also expected to help corporates and institutions in their fight against climate change by supporting the development of more efficient fertilizers, batteries, electricity grids and much more.
The startup has strengthened its offering with the addition of divis intelligent solutions to its family. Co-founded and led by Prof. Thomas Bäck, divis pioneers the application of evolutionary techniques and algorithms to enable efficient data analysis, automatic machine learning, and process optimization. The company serves clients in automotive, chemical, consumer, energy, and synthetic material sectors (e.g., 3M, BMW Group, IOI Oleo GmbH, Dr. Ing. h.c. F. Porsche AG).
The acquisition of divis complements Terra Quantum’s existing algorithm capabilities, while divis’ customers gain access to quantum technology. By combining divis’ expertise in classical algorithms with Terra Quantum’s quantum computing know-how, both companies will together accelerate the development of classical and hybrid quantum algorithms. The integration will reduce complexity for customers and make solution development easier and faster.
Specifically, the advancement of Generative AI with its increasing demand for computing will require not only a hybrid approach merging classical and quantum technologies but also superior classical machine learning algorithms. Combining Terra Quantum’s and divis’ expertise will therefore result in the development of innovative techniques and methodologies specifically tailored to generative AI, ultimately pushing the boundaries of what is currently possible regarding AI-generated content and applications.
“This acquisition is a major milestone for Terra Quantum, marking our first acquisition of scarce talent and intellectual property,” says Markus Pflitsch, CEO of Terra Quantum. “divis’ team has an impressive track record of delivering most advanced machine learning algorithms globally. With Thomas Bäck, we welcome one of the world’s most distinguished optimization and machine learning experts to our team.”
Following the acquisition, divis’ founder Prof. Thomas Bäck will remain Managing Director at divis and Professor of Computer Science at the Leiden Institute of Advanced Computer Science. He is an expert in evolutionary computation, machine learning and their real-world applications.
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