Silo AI founder launches QuTwo to link enterprise AI with quantum computing
Peter Sarlin, the Finnish entrepreneur who sold artificial intelligence startup Silo AI to AMD for $665 million in 2024, has unveiled a new venture called QuTwo. The company positions itself as what Sarlin describes as “an AI lab for the quantum era,” aiming to bridge enterprise artificial intelligence systems with emerging quantum computing technologies.
QuTwo was publicly launched on March 12 and already has paying customers and design partnerships that the company says are worth tens of millions of dollars.
Rather than building quantum hardware, QuTwo focuses on software infrastructure. Its main product, QuTwo OS, is an orchestration layer designed to route artificial intelligence workloads between traditional computing accelerators and, in the future, quantum processors.
The platform also uses “quantum inspired” algorithms that simulate certain behaviors of quantum systems on current CPUs and GPUs. These techniques allow companies to improve optimization and performance today while preparing their systems for future quantum computing capabilities.
QuTwo has already secured early collaborations with major companies in retail and finance. The company is working with European fashion retailer Zalando on so called “lifestyle agents,” artificial intelligence tools designed to predict customer style preferences and recommend products beyond simple search functions.
In the financial sector, QuTwo has launched a joint research initiative with OP Pohjola, one of Finland’s largest financial services groups. The collaboration will explore quantum and AI applications in risk modeling, fraud detection and portfolio optimization.
Sarlin told TechCrunch that the company is not trying to predict exactly when quantum advantage will become practical. Instead, the strategy is to help enterprises prepare early so they can integrate quantum capabilities more easily once reliable hardware becomes available.
The founding team includes experts from both artificial intelligence and quantum computing fields. Kuan Yen Tan, co founder of the German Finnish quantum computing company IQM, is part of the founding group. Former Nokia chief executive Pekka Lundmark and Antti Vasara, former head of the Technical Research Centre of Finland, have joined the board of directors.
The company says it has assembled a team of more than 30 researchers specializing in quantum technologies and AI from institutions including UC Berkeley, University College London, EPFL and Carnegie Mellon University.
QuTwo is funded by PostScriptum, Sarlin’s Helsinki based family office, which also invests in quantum technology firms such as IQM and QMill. Sarlin said the project forms part of a broader effort to strengthen Europe’s technological sovereignty.
He emphasized that QuTwo should be viewed primarily as an artificial intelligence company focused on gradually migrating AI workloads from classical computing systems to future quantum architectures.
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