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Phasecraft Launches THRIFT: Game-Changer for Quantum Simulations

3/26/2025

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Summary

Story summary

UK startup Phasecraft has unveiled THRIFT, a groundbreaking quantum simulation algorithm that boosts efficiency, enabling simulations to expand tenfold in size and duration while slashing costs. Featured in Nature Communications, THRIFT paves the way for advancements in materials science and chemistry, tackling the hurdles posed by existing quantum hardware.

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Story summary

UK startup Phasecraft has unveiled THRIFT, a groundbreaking quantum simulation algorithm that boosts efficiency, enabling simulations to expand tenfold in size and duration while slashing costs. Featured in Nature Communications, THRIFT paves the way for advancements in materials science and chemistry, tackling the hurdles posed by existing quantum hardware.