Climate change is here. Along with it, catastrophic floods are becoming alarmingly more and more common. Adapting to a new climate reality is no easy task, but technological advancements offer a ray of hope.
Among the industry players tackling this challenge is quantum software company Multiverse Computing. The Spanish startup has won £100,056 in funding from Innovate UK to improve flood risk assessment using quantum technology.
To achieve this goal, Multiverse Computing will collaborate with UK-based Oxford Quantum Circuits (OQC) and US-based Moody’s Analytics. Together, the trio will use quantum computing to address the computational challenges in existing large-scale flood modelling, and develop new prediction models that assess risks more accurately and efficiently.
Current methods have been limited by the increased computational cost of running sophisticated simulations over large areas in high-resolution. But according to Sergio Gago, Moody’s Managing Director of Quantum and GenAI, the emergence of new technologies, such as quantum computing, presents significant opportunities for advancement.
“Specifically, there is promising potential in the application of quantum machine learning (QML) to develop emulators as alternatives to traditional physics-based models,” Gago said. Similarly, Enrique Lizaso Olmos, founder and CEO of Multiverse Computing, believes that the improved accuracy and effectiveness of a quantum approach could contribute to climate change adaptation efforts.
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Source : The Next Web