Dubai, UAE – Equinix, Inc. (Nasdaq: EQIX), the world’s digital infrastructure company, today announced its collaboration with Alice & Bob, a leading quantum computing company developing one of the most reliable quantum processors on the market. Through the collaboration with Alice & Bob, Equinix customers in the UAE and worldwide will benefit from secure access to Alice & Bob’s cutting-edge quantum technology through Equinix Metal and Equinix Fabric, and from Alice & Bob’s enterprise quantum strategy services to unlock opportunities.
Quantum computing is a transformative technology that allows users to perform computationally intensive tasks such as simulation, optimization, machine learning, and cryptography. Although still in its early stages, it has the potential to revolutionize several industrial processes, change our understanding of the universe, and even help slow climate change. Quantum computers have the power and potential to solve problems that would take our best classical computers thousands of years.
Alice & Bob’s technology, the result of cutting-edge research carried out in French and international laboratories, is uniquely positioned to help companies accelerate innovation and future-proof their offering. While current quantum computers may suffer from computational errors that prevent them from fulfilling their theoretical promises, Alice & Bob are developing a patented technology for the self-correcting superconducting quantum bit: the cat qubit. Cat qubits enable a much simpler route to fault-tolerant and universal gate-based quantum computing, with the potential to transform the promise of quantum computing into a decisive commercial advantage.
Théau Peronnin, CEO of Alice & Bob, comments: “We are proud to see our technology move out of the laboratory and into the real world. Equinix is the ideal partner to bring the quantum revolution into society. We look forward to helping Equinix customers solve some of the world’s most challenging problem.”
Combining Equinix’s rigorous secure operations with Alice & Bob’s quantum expertise creates the ideal environment for designing breakthrough innovations. This synergy will enable companies to discover the power of quantum computing with the peace of mind that their research will remain completely confidential.
Kamel Al-Tawil, CEO of Equinix MENA, said: “Alice & Bob serves as a quantum computing gateway for many companies, with Equinix as the central enabler. Recognizing our customers’ pursuit of technological advancements, we are committed to standing alongside them at the forefront. By integrating Alice & Bob’s cutting-edge technology in our global interconnection ecosystem, we are poised to deliver innovative solutions to global challenges and promote access to a hundred billion dollar market.This collaboration aligns seamlessly with the UAE’s vision for technology leadership, and we eagerly anticipate witnessing the pioneering work that catalyze within our region.”
Industries that rely on high-intensity computing power such as sustainable energy, chemicals, pharmaceuticals and financial services are among those that will be radically transformed by the technology by 2035, which could gain up to $1.3 trillion in value by that date.*
A wide range of industries and ecosystems looking to explore potential use cases in quantum computing can now securely access Alice & Bob’s on-demand quantum computers, housed in Alice & Bob’s own local data centers, through Equinix Metal and Equinix Fabric.
Jean-Noël Barrot, Minister Delegate of France for Digital Affairs, said: “This partnership is a recognition of French expertise in a technology poised to revolutionize computing and industry. The government has launched the National Strategy for Quantum Technologies to position France at the forefront of this field on a global scale, and we are delighted to see an innovative young French company partner with a global leader in digital infrastructure. There is no doubt that Alice & Bob will benefit from the Equinix network to develop their business and contribute to the attractiveness of France.”
Equinix Metal is on-demand, high-performance bare metal, which has the potential to directly integrate with Equinix Fabric to deploy powerful infrastructure across global locations in minutes, allowing enterprises to connect to hundreds of network, communications, security and cloud providers – from a single place. This opens up a world of potential for companies that want to explore testing and experimenting with the Alice & Bob quantum computer within their own digital infrastructure, but with the security and ease that Equinix is known for.
About Equinix
Equinix (Nasdaq: EQIX) is the world’s digital infrastructure company™. Digital leaders leverage Equinix’s trusted platform to bring together and interconnect critical infrastructure at the speed of software. Equinix enables organizations to access all the right locations, partners and opportunities to scale with agility, accelerate the launch of digital services, deliver world-class experiences and multiply their value, while supporting their sustainability goals.
About Alice & Bob
Alice & Bob is a French start-up whose goal is to realize the first universal, fault-tolerant quantum computer. Founded in 2020, Alice & Bob has already raised 30 million euros in VC capital, hired over 80 employees and demonstrated experimental results that surpass those of tech giants like Google or Amazon. A laureate of the French Tech DeepNum 20 and French Tech 2030 programs, Alice & Bob specializes in Cat Qubits, a technology that reduces hardware requirements by up to 60 times compared to competing methods. Demonstrating the power of their Cat Qubit architecture, Alice & Bob recently showed that the number of qubits required for Shor’s algorithm can be reduced from 22 million to 300 thousand through a combination of algorithm optimization and adaptation by leveraging its approach.
Forward-looking statements
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from the expectations discussed in such forward-looking statements. Factors that could cause such differences include, but are not limited to, risks to our business and operating results related to the COVID-19 pandemic; the current inflation environment; exchange rate fluctuations; increased costs of procuring power and the general volatility of the global energy market; the challenges of acquiring, operating and building IBX® and xScale® data centers and developing, deploying and delivering Equinix products and solutions; unanticipated costs or difficulties related to the integration of businesses we have acquired or will acquire into Equinix; failure to obtain significant revenue from customers in newly constructed or acquired data centers; failure to complete any financing arrangements contemplated from time to time; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise raise funds to repay new or outstanding debt; loss or decline in business from our key customers; risks related to our taxation as a REIT and other risks described from time to time in Equinix filings with the Securities and Exchange Commission. See in particular the most recent and upcoming quarterly and annual reports of Equinix filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix undertakes no obligation to update the forward-looking information contained in this press release.
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