QpiAI and Singapore Management University have signed a Memorandum of Understanding giving SMU direct access to QpiAI’s full-stack quantum computing infrastructure, marking the company’s strategic expansion into Singapore and SMU’s entry as the first local Institute of Higher Learning to partner with it.
Key Takeaways
- QpiAI and Singapore Management University have signed a two-year MOU giving SMU direct access to QpiAI’s Kaveri 64-qubit quantum computer and QCloud platform.
- SMU becomes the first Institute of Higher Learning in Singapore to partner with QpiAI and gain access to its full-stack quantum infrastructure.
- The partnership focuses on fintech, capital markets and smart city applications, alongside quantum-safe cybersecurity research and talent development.
The two-year collaboration aims to accelerate quantum computing adoption, joint research and commercialisation across Singapore, Asia and global markets. It will give SMU researchers and students access to QpiAI’s full-stack architecture, spanning quantum processing unit hardware, quantum-AI middleware and application layer tools, with a particular focus on fintech, capital markets and smart city operations.
Hands-On Access to Physical Quantum Hardware
Through the MOU, SMU researchers and students will be able to use QpiAI’s Kaveri 64-qubit quantum computer and the QpiAI QCloud platform to develop and test industry applications, a capability the partners say is otherwise difficult and costly to access in Singapore, where physical quantum computers remain scarce.
“Direct access to QpiAI’s 64-qubit quantum processing unit and integrated cloud platform significantly expands the quantum computing resources available to SMU’s researchers and students,” said Professor Tan Ah Hwee, Dean of SMU’s School of Computing and Information Systems. “It enables them to develop and test quantum algorithms, hybrid quantum-classical optimisation techniques, and post-quantum cybersecurity applications on physical quantum hardware within a unified environment.”
Building a Quantum-Safe Talent Pipeline for Finance
In banking and financial services, quantum approaches are already being explored for computationally demanding problems such as Monte Carlo simulation and tail-risk estimation. SMU Professor Paul Griffin, who researches financial technology and quantum algorithms, said financial institutions also need quantum-safe cybersecurity to protect against future attacks from quantum computers.
“This partnership with QpiAI will help us build a talent pipeline to address these challenges. Our financial industry needs more quantum applications and quantum-safe engineers to address cybersecurity risks and migration to a post-quantum age,” Professor Griffin said.
Supporting Singapore’s National Quantum Strategy
“Singapore is a key hub in Asia, where major industries like Finance and Logistics come together with research, making SMU an ideal partner for us,” said Dr Nagendra Nagaraja, Founder, CEO and Chairman of QpiAI, which is headquartered in Bengaluru, India. The alliance supports Singapore’s National Quantum Strategy, overseen by the National Quantum Office, and reflects what Cody Kamin, Head of Singapore for QpiAI, called the growing deep-tech corridor between India and Singapore.
“Our goal in Singapore is simple: make quantum computing useful for business and build the talent pipeline needed to drive industry adoption,” Kamin said.
