Xtellix Announces Launch of Groundbreaking Quantum-Neuromorphic Inspired Algorithm

NEW CASTLE, DE / ACCESSWIRE / February 7, 2023 / Xtellix, the groundbreaking platform that uses a breakthrough general purpose algorithm for large-scale optimization, recently announced plans to release their new quantum-neuromorphic inspired algorithm - an alternative to quantum computing. Quantum-neuromorphic computing "physically implements neural networks in brain-inspired quantum hardware," vastly increasing computation speed.

Their algorithms can find the optimal or near-optimal solution to up to 1 billion decision variables in a fraction of the time and memory of conventional algorithms - speeding up decision-making from what used to take hours or days into mere seconds. Their breakthrough is poised to open new and exciting opportunities for solving real-time, large-scale problems in a variety of industries.

As Dr. Mark Amo-Boateng explains, Xtellix has developed a platform that has real-world applications in finance, university and research labs, drug discovery, logistics and supply chain, energy grid optimization, mobility and routing, and artificial intelligence.

"Computations in certain fields like finance, science and engineering take several days, or at the least, hours and hours, so what is happening now is that people are pouring money into quantum computing to achieve results much faster, but it is very costly," Dr. Amo-Boateng explains. "With our approach, we achieve similar speeds but without any special hardware, using our novel algorithms and the same CPUs and GPUs."

Their quantum-neuromorphic-inspired algorithms can help companies and research teams complete massive computations in a fraction of the time. As a result, their platform provides a significant competitive advantage in the finance industry, where every second counts. They empower research labs to reach key breakthroughs faster in areas such as weather predictions and climate modeling. They speed engineering design and simulations. In short, the Xtellix platform allows teams to solve some of the most complex problems in the world, delivering enormous benefits not only to companies but to society as a whole.

Dr. Amo-Boateng brings years of expertise and experience to Xtellix. He was driven to improve computational speeds after using a model to measure rainfall and predict how quickly a community would flood.

"The model I was working with would run for 5 days before it reached one answer," Dr. Amo-Boateng says. "But we don't have 5 days to wait for these answers, so I decided to look for a different way to make computing exceptionally fast without using supercomputers. I built a new calculation procedure that has reduced the computations from 5 days to only 2 seconds."

Xtellix is supported by global technology leaders, including Nvidia Inception, Microsoft for Startups, and Oracle for Startups. Xtellix is also a client i nTroutman Pepper's SEED Program, which works with innovative emerging company clients around the country. They are set to launch the platform in the beginning of 2023, but users can gain early access by visiting the Xtellix website. Companies who join the early access program can get 3 months free access to pilot their solutions. Research institutions and universities can get a free academic license for non-commercial applications. For companies working on COVID-19, they are eligible for 12 months of free access.

Media Details:

Name: Mark Amo-Boateng (PhD)
Business: Xtellix, Inc
Email: hello@xtellix.com

SOURCE: Xtellix