TEL AVIV, Israel, March 25, 2025 (GLOBE NEWSWIRE) — Classiq Technologies, a leading quantum computing software company, announced today that it has successfully achieved significant compression of quantum circuits in implementing quantum algorithms for Monte Carlo simulations as part of a project conducted by Sumitomo Corporation. Sumitomo used Classiq’s quantum platform and quantum algorithms provided by Mizuho–DL Financial Technology Co., Ltd.

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