H.R. 7749: Quantum in Practice Act

This bill, titled the Quantum in Practice Act, aims to enhance the scope and focus of the National Quantum Initiative Act by introducing provisions related to quantum modeling and simulation. Here are the key components of what the bill proposes:

Findings

Congress recognizes that:

• Quantum computing has substantial potential to drive advancements in molecular modeling and simulation, which could yield benefits for citizens.
• Quantum molecular simulations can achieve higher accuracy and speed in studying chemical elements and reactions than current supercomputers can provide.
• Improvements in molecular simulations could lead to breakthroughs across various industries, including:
• Modeling nitrogen fixation processes for synthetic fertilizers, aiming to reduce energy and material costs in production.
• Creating medications with better efficacy while minimizing side effects.
• Developing advanced materials that enhance energy storage and battery technologies.
• Producing lighter and stronger metals.
• Designing materials for more durable protective gear for law enforcement and military applications.
• Innovating new types of superconductors.

Amendments to Quantum Information Science Definition

The bill proposes to amend the definition of quantum information science in the National Quantum Initiative Act to explicitly include "modeling" and "simulation" alongside "computing." This expansion reflects the increasing importance of simulation capabilities in the field of quantum information science.

Quantum Information Science Research Program Adjustments

The bill also updates the quantum information science research program to include:

• The addition of "quantum molecular modeling or simulation" as a new focus area of research.

This change acknowledges the significance of quantum molecular modeling in advancing scientific knowledge and technological innovations.

Purpose of the Bill

Overall, the purpose of this legislation is to strengthen the United States' commitment to leading in quantum technology by emphasizing the role of quantum modeling and simulation. This is anticipated to foster improvements in various practical applications across multiple sectors.

Relevant Companies

• IBM (IBM): As a leader in quantum computing technology, IBM could see increased collaboration opportunities in the area of quantum simulation and modeling.
• Alphabet (GOOGL): With significant investments in quantum computing, advancements in modeling and simulation could enhance their existing projects in artificial intelligence and machine learning.
• Amazon (AMZN): Amazon Web Services (AWS) has been developing quantum computing technologies that could benefit from improved quantum simulation capabilities.
• NVIDIA (NVDA): As a provider of GPUs that are essential for high-performance computing, NVIDIA could leverage advancements in quantum modeling for improved computational applications.