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    1. > OTI Lumionics, a leader in advanced quantum simulations and solutions for next-generation materials discovery, marks a major advancement in the quantum computing and OLED industry, demonstrating that large-scale quantum simulations of materials can be simulated today on classical hardware with high-accuracy results. Historically, **current** quantum computers have **struggled** to achieve this capability.

      > Though the adoption of quantum computing has grown rapidly, quantum hardware has progressed at a slower pace. Addressing this limitation, OTI Lumionics has identified quantum-inspired methods that **enable scalable simulations** of complex molecules on classical computers. These innovations reveal the potential to dramatically improve performance, accuracy and efficiency for quantum-inspired electronic structure calculations.

      > OTI Lumionics’ paper presents a method that allows for the rapid optimization of complex and deep quantum circuits for materials simulations. This enables hybrid quantum algorithms to **efficiently compute the various energy states of materials** using a quantum computer. Due to improvements that OTI has made, it also happens in a computationally efficient approach that can be run on standard, easily available computer servers, instead of dedicated supercomputers.

      > The research team conducted simulations of real-world OLED molecules involving up to 80 qubits and hundreds of thousands optimized parameters. The equivalent circuit on a universal quantum computer would have 80 perfect algorithmic qubits and over 1 million 2-qubit gates simulated on 24 CPUs in less than 24 hours. **This sets a record** for the simulation of a quantum algorithm on classical hardware.

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