Quantum algorithms company Phasecraft has developed a new simulation technique called THRIFT (Trotter Heuristic Resource Improved Formulas for Time-dynamics), enabling quantum simulations to run 10 times larger and for 10 times longer while significantly reducing […]
Quantum computing architecture startup Iceberg Quantum has raised A$2 million AUD in pre-seed funding led by Blackbird Ventures and UK-based LocalGlobe. The announcement coincides with a new strategic collaboration with PsiQuantum to develop fault-tolerant architectures […]
Xanadu and Corning Incorporated have announced a strategic collaboration to co-develop customized low-loss optical fibre and fibre-array solutions for networking photonic quantum computing chips. The joint effort will leverage Xanadu’s expertise in ultra-low-loss photonic chip […]
Classiq Technologies has announced a major milestone in financial quantum computing, achieving up to 95% quantum circuit compression in Monte Carlo simulation algorithms for credit portfolio risk management. The project was conducted in partnership with […]
Qunova Computing has introduced its HI-VQE Chemistry function to IBM’s Qiskit Functions Catalog, offering researchers a new tool for solving electronic structure problems in quantum chemistry. The Handover Iterative Variational Quantum Eigensolver (HI-VQE) algorithm, which underpins the function, combines quantum and […]
Quantum Computing Inc. (QCI) has announced its Q4 2024 and full year 2024 financial results. A summary of key financial metrics comparing Q4 2024 with Q3 2024 as well as the full year comparison of 2024 […]
Nokia, Honeywell Aerospace Technologies, and Numana have announced a strategic partnership to advance Quantum-Safe Networks (QSN) in Quebec, Canada, and globally. The collaboration aims to drive innovation, accelerate the adoption of secure networking technologies, and raise awareness about the importance […]
Diagrams explaining the LR-QAOA Benchmarking Process – See originals at https://arxiv.org/pdf/2502.06471 A team from the Julich Supercomputing Centre, AIDAS, RWTH Aachen University, and Purdue University has released a paper that describes a new quantum benchmarking […]
At the APS Global Physics Summit 2025, Orange Quantum Systems officially revealed OrangeQS Juice, a new full-stack operating system designed specifically for quantum R&D labs. Juice provides unified control, monitoring, and debugging of complex quantum […]
Microsoft’s release in February of a technical paper on Nature as well as a post of a pre-print paper discussing Roadmap to fault tolerant quantum computation using topological qubit arrays on arXiv has generated a […]
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