D-Wave Quantum Inc. has successfully raised $175 million in gross proceeds through two at-the-market (ATM) equity offering programs. The latest $75 million program, launched on December 9, 2024, was completed at an average share price […]
Tag: quantumcomputingreport
A Hamburg-based consortium, including ParityQC, DESY, eleQtron, and the DLR Quantum Computing Initiative (DLR QCI), has launched the HQML project to pioneer quantum machine learning (QML) for large-scale image data processing. Funded by Hamburg’s Investment […]
Helsinki-based Arctic Instruments, a spinoff from Finland’s VTT Technical Research Centre, has raised €2.35 million ($2.465 million USD) in funding to advance its superconducting microwave amplifiers. These amplifiers are critical components for large-scale quantum computers, […]
Pasqal, a leader in neutral-atom quantum computing, has entered into a Memorandum of Understanding (MoU) with Sungkyunkwan University’s Quantum Information Research Support Center (Q Center) in South Korea. This collaboration aims to foster quantum computing […]
Quobly, a Grenoble-based quantum computing startup, has announced a strategic collaboration with STMicroelectronics to develop and scale quantum processor units (QPUs). The partnership leverages ST’s 28nm FD-SOI semiconductor manufacturing process, known for its cost efficiency […]
Algorithmiq, a Helsinki-based quantum software company, has joined the QuEra Quantum Alliance to advance applications of neutral-atom quantum computers in healthcare and life sciences. This partnership focuses on accelerating drug discovery and treatment development by […]
Figures: Depth of quantum circuit required for implementing two types of quantum algorithms: [Left] QAOA (NISQ) and [Right] QPE (FTQC): Compared to conventional technology, Classiq platform reduced circuitry length by up to 54% in QAOA […]
Infleqtion has announced the first successful application of logical qubits in quantum materials science, achieving a sixfold boost in computational accuracy for materials design. Conducted with the University of Chicago and the University of Wisconsin, […]
Quantum Machines and Rigetti Computing successfully used AI-powered tools to automate the calibration of a 9-qubit Rigetti Novera™ quantum processor (QPU) integrated with Quantum Machines’ advanced control system, OPX1000. This milestone was achieved during the […]
The National Reconstruction Fund Corporation (NRFC) has announced a $13 million AUD ($8.3M USD) equity investment in Quantum Brilliance (QB), a leader in diamond quantum technology. This funding will establish Australia’s first quantum diamond foundry, […]
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