Tag: quantumdaily

Insider Brief: South Korea launches a ₩1 trillion Science and Technology Innovation Fund, with a dedicated account allocating ₩20 billion annually for quantum startups over four years. The government plans to train 2,500 quantum researchers […]

Insider Brief D-Wave reported record bookings of $23.9 million in 2024, up 128% from the prior year, but revenue remained flat at $8.8 million, and net loss widened to $143.9 million. The company highlighted a […]

Insider Brief Infleqtion has secured $6.2 million in ARPA-E funding to develop quantum-enhanced solutions for optimizing energy grids, marking the first-ever quantum technology award from the agency. The company’s ENCODE project, in collaboration with Argonne […]

Insider Brief: Lockheed Martin announced they have secured DIU contract to prototype a quantum-enabled Inertial Navigation System (QuINS) to provide precise navigation without GPS, addressing vulnerabilities in contested environments. Lockheed will partner with with Q-CTRL […]

Insider Brief D-Wave researchers reported that superconducting quantum annealers have demonstrated superior accuracy and efficiency over leading classical methods in solving specific quantum dynamics problems, suggesting practical quantum advantage beyond random circuit sampling. The study […]

Insider Brief: Quantum Internet Alliance (QIA) researchers developed QNodeOS, the first operating system for quantum networks, enabling programmable and executable quantum applications across various hardware platforms. QNodeOS removes barriers between networking hardware and software, allowing […]

Insider Brief D-Wave Quantum Inc. announced a peer-reviewed study in Science demonstrating that its annealing quantum computer outperformed the Frontier supercomputer in solving complex magnetic materials simulations. The study, conducted with international collaborators, showed that […]

Insider Brief: The curse of dimensionality limits quantum computing scalability, as the Hilbert space grows exponentially with the number of qubits, making quantum state representation and simulation computationally intractable. Tensor networks provide a structured way […]

Insider Brief: Andhra Pradesh plans to establish a Quantum Valley in Amaravati as part of India’s National Quantum Mission, with a task force overseeing its development and investment strategy. The initiative will involve collaborations with […]

Insider Brief QuamCore has emerged from stealth with $9 million in seed funding and unveiled a patented superconducting quantum processor architecture capable of integrating 1 million qubits in a single cryostat. The company’s breakthrough eliminates […]