Quantum technology startup SandboxAQ announced Tuesday that its Large Quantum Models (LQMs) will be available on Google Cloud, marking the first time the company has offered its models on an external platform.
The move allows organizations to use Google Cloud to develop and deploy LQMs, expanding SandboxAQ to a broader customer base.
QMs are designed to process large-scale digital data sets, perform complex calculations, and enable advanced statistical analysis. These models are used to build sophisticated financial models and automate trading strategies, with applications across life sciences, financial services and navigation.
“More than 80% of the economy is run by mathematics and quantum relationships, where quantum AI excels,” said Jack Hydari, CEO of SandboxAQ. “It is very complementary to language models.”
SandboxAQ, which spun off from Alphabet, Google’s parent company, in 2022, recently secured $300 million in funding, taking its valuation to $5.6 billion. Investors in the funding round included Fred Alger Management, T. Rowe Price, and Breyer Capital.
Google Cloud’s partnership with SandboxAQ aligns with its broader focus on quantum computing. In December, Google announced progress in developing quantum chips, overcoming major challenges in the field.
Other tech giants are also turning to quantum technology, with Microsoft launching its “quantum-ready software” and Nvidia predicting practical quantum computing applications will still be a couple of decades away.
SandboxAQ’s partnership with Google Cloud highlights the growing intersection between AI, quantum computing and enterprise applications as technology companies invest in next-generation solutions to drive growth.