SandboxAQ has announced a significant funding round of over $300 million from prominent investors including Fred Alger Management, T. Rowe Price Associates, Mumtalakat, and notable individuals like Eric Schmidt, Marc Benioff and Yann LeCun. The […]
Maryland Aims to Become Global Quantum Hub with $1B IonQ Partnership
IonQ, a leading quantum computing company, has announced a major partnership with the University of Maryland and the State of Maryland to establish the region as the “Capital of Quantum.” This landmark initiative aims to […]
Novo Nordisk Foundation launches major investment in Quantum Computing
The Novo Nordisk Foundation has awarded a grant of US$ 200 million (DKK 1.5 billion) to establish the first full-scale quantum computer for the development of new medicines and provide new insights into climate change and the […]
Toyota Tsusho Partners With Quantum Machines
Quantum Machines, provider of quantum control solutions , and Toyota Tsusho Corporation (Toyota Tsusho), a member of the Toyota Group, have announced a partnership to offer Japanese customers cutting edge quantum technologies. The partnership will […]
QuTech, Eurofiber and Juniper Networks to deploy a Quantum testbed in The Netherlands
QuTech, Eurofiber and Juniper Networks have launched a Quantum testbed connecting several datacenter locations in The Netherlands. This testbed enables, amongst other applications of quantum cryptography, a way for partners to explore secure communications based […]
ORCA Computing: a new Quantum Computer in the UK
ORCA Computing is working with the UK Ministry of Defence (MoD) to develop future data processing capabilities. In a year-long programme of activity, MoD will use ORCA’s PT-1 model, the first computer of its kind […]
Covestro and QC Ware develop quantum algorithms for materials R&D
Covestro, one of the world’s leading polymer companies, and QC Ware have announced the signing of a five-year collaboration agreement. The objective of the collaboration is to help prepare Covestro to fully deploy quantum algorithms for the discovery of new materials […]
QC Ware and Itaú Unibanco collaboration
Itaú Unibanco, the largest bank in Latin America, and QC Ware, a leading quantum software and services company, today announced the first results of a collaboration that is exploring quantum computing algorithms for the banking […]
AkzoNobel and Microsoft collaborate in Quantum Chemistry
Scientists from both parties will co-develop what will effectively be a virtual laboratory. The aim is to conduct experiments using quantum computing and other Microsoft Azure cloud services. Quantum chemical computation is capable of simulating […]
Quantinuum announces Quantum Volume 4096 achievement
Quantinuum has reached another milestone in its quest to build the highest performing quantum computer in the world. This week, the System Model H1-2 doubled its performance to become the first commercial quantum computer to […]