IBM CEO Arvind Krishna shaking hands with Illinois Governor JB Pritzker at the announcement ceremony IBM and the State of Illinois, supported by universities and industry leaders, announced plans to establish the National Quantum Algorithm […]
Tag: quantumcomputingreport
Quantum Computing Inc. (QCi), a company specializing in photonics and quantum optics technology, has raised $50 million through two concurrent offerings of common stock. The funds will support the company’s working capital needs, general corporate […]
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 […]
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, […]
Recent Comments