Category: quantumdaily

Insider Brief PsiQuantum is raising at least $750 million at a $6 billion pre-money valuation to build a fault-tolerant quantum computer using photonic chips, Reuters reports. The company manufactures its light-based qubits on silicon chips […]

Insider Brief Classiq Technologies, in collaboration with Sumitomo Corporation and Mizuho–DL Financial Technology, achieved up to 95% compression of quantum circuits for Monte Carlo simulations used in financial risk analysis. The study compared traditional and […]

Insider Brief: ColibriTD successfully executed its Hybrid Differential Equation Solver on IBM’s 156-qubit Heron R2 processor. The company describes this as the first real-hardware solution of a PDE using a variational quantum algorithm. H-DES addresses […]

Insider Brief: Diraq and Fermilab have been awarded the DOE’s Quandarum project under the QuantISED program, supporting the development of quantum sensors to investigate dark matter and fundamental physics. The collaboration will integrate Diraq’s silicon […]

Insider Brief Physicists from the University of Innsbruck and the University of Waterloo have used a novel qudit-based quantum computer to simulate a quantum field theory in more than one spatial dimension. By using qudits—quantum […]

Insider Brief Quantum sensing startup DeteQt has raised $750,000 in pre-seed funding from Main Sequence Ventures and the ATP Fund to commercialize its diamond-on-silicon quantum magnetometer technology. The company’s sensors are designed for scalable deployment […]

Insider Brief A new benchmark study shows Quantinuum’s H2-1 quantum processor maintained coherent computation on a 56-qubit MaxCut problem, surpassing classical simulation capabilities. The test used a simplified algorithm called linear-ramp QAOA and was applied […]

Insider Brief Qunova Computing’s HI-VQE algorithm is now available in IBM’s Qiskit Functions Catalog, providing IBM Quantum Network users with a new tool for quantum chemistry and industrial applications. HI-VQE enhances computational efficiency by removing […]

Insider Brief Iceberg Quantum, founded by three University of Sydney PhD alumni, has raised $2 million in pre-seed funding led by Blackbird and partnered with PsiQuantum to develop low-overhead fault-tolerant architectures for photonic quantum computing. […]

Insider Brief Nokia, Honeywell Aerospace Technologies, and Numana have formed a strategic partnership to accelerate the global adoption of quantum-safe networks, starting with deployments and testing in Montreal, Canada. The collaboration leverages Numana’s Kirq Quantum […]