Category: quantumcomputingreport

By Doug Finke I attended the third convening of a Quantum California event last week at the University of California, San Diego. Two previous convenings were held: one at the University of California, Berkeley in […]

French President Emmanuel Macron announced an additional funding of €1 Billion ($1.16B USD) for the country’s Quantum Plan. The Quantum Plan was original funded at €1.8 billion for the period 2021-2025 and then supplemented in […]

Xanadu Quantum Technologies (Nasdaq/TSX: XNDU) has established a synthetic at-the-market equity facility allowing the company to raise via private placements up to $300 million over the next three years in Class B subordinate voting shares. […]

The Board of Directors for EPB has approved a formal resolution establishing a $6.8 million USD joint funding partnership with the University of Tennessee at Chattanooga (UTC). The matching investment allocates $850,000 annually from each […]

Physicists at the Center for Computational Quantum Physics (CCQ) at the Simons Foundation’s Flatiron Institute, in collaboration with Boston University, have developed a classical algorithm that successfully simulates complex three-dimensional quantum dynamics previously claimed to […]

Alice & Bob has secured a strategic venture capital investment from NVentures, the private equity arm of NVIDIA Corporation, expanding its existing €100 million ($116 million USD) Series B funding round. The investment follows a […]

Pasqal Holding SAS has published application-level hardware research comparing the performance of logical and physical qubits executing a machine learning algorithm. Conducted in collaboration with the Université Paris-Saclay and the Institut d’Optique, the benchmark evaluated […]

SBQuantum has been awarded two defense procurement contracts totaling $3 million CAD ($2.2 million USD) to deliver and validate its proprietary quantum diamond magnetometers in operational military environments. Funded through the Government of Canada’s primary […]

A joint institutional research coalition has published a foundational workforce study positioning Illinois as a primary national hub for quantum information science and technology (QIST) talent development. The first-of-its-kind report was co-authored by the Illinois […]

GlobalFoundries (GF) has established a new business division, Quantum Technology Solutions, to scale commercial fabrication capabilities for the quantum computing industry. The unit enters the market with active customer engagements and a pipeline of quantum […]