BASF and HQS Quantum Simulations, both German companies, collaborates in quantum chemistry for prediction of chemical reactivity. They used the hybrid quantum-classical variational quantum eigensolver algorithm in combination with the unitary coupled-cluster ansatz (UCCSD-VQE) that could provide […]
ABN AMRO and Dutch research consortium QuSoft are joining forces to explore the opportunities offered by Quantum. Under the two-year project name DisQover, both organizations will explore problems in the financial sector which could be […]
IBM and Japan company GRID have built a partnership: GRID will join the IBM Q Network and receive access to IBM Q quantum computing systems. GRID is specialized in developing solutions in deep learning and […]
dacoso, a German IT service provider for data security, is cooperating with ID Quantique (IDQ), the Swiss leading global provider of quantum solutions. dacoso integrates the Quantum Key Distribution (QKD) solution of ID Quantique. (Dacoso) […]
EDAG is partnering with Crypta Labs to develop Automotive Cyber Security (ACS) solutions with unbreakable quantum encryption to the highest safety and connectivity standards. Crypta Lab first developed its Quantum Random Number Generator (QRNG) technology […]
The Australian-based Q-CTRL announced a $15 million series A funding round with Square Peg Capital and Sierra Ventures joining existing investors Horizons Ventures, Main Sequence Ventures, and Sequoia Capital. After years of research at the […]
The deal between Chancellor Angela Merkel and IBM CEO Ginni Rometty, comes as Germany seeks to catch up to the United States and China in the quantum technology race. IBM will install a Q System […]
Both companies announced a business and scientific collaboration to advance the use of quantum mechanics on complex molecular systems using quantum computing hardware. Schrödinger is the industry-leading computational platform to accelerate drug discovery and materials […]
As you probably know, we are always very cautious with market forecasts. A new report from Tractica predicts that the total enterprise quantum computing market revenue will reach $9.1 billion annually by 2030, up from […]
CaixaBank has completed several real tests with a quantum computer to study financial applications to assess the capital at risk of financial assets, such as mortgage portfolios and treasury bonds. The Spanish bank used the […]
Fujitsu announces the successful conclusion of a loan portfolio management Proof of Concept (PoC) with Commerzbank’s research and development unit, Main Incubator, leveraging the Fujitsu quantum computing-inspired Digital Annealer. The PoC focused on the selection […]
Atos and India’s C-DAC have signed a Cooperation Agreement to work together in the areas of Quantum Computing, Artificial Intelligence, and Exascale Computing. This partnership encompasses the creation of a ‘Quantum Computing Experience Center’ at C-DAC’s headquarters in […]
Under the framework of an agreement with the Russian federal government, Russian Railway will deploy quantum technology network on its 70’000-km infrastructure of railways. (Cnews.ru)
Beginning of next year, IBM will begin offering quantum-safe cryptography services on its public Cloud. Cryptographic algorithms are part of the Cryptographic Suite for Algebraic Lattices (CRYSTALS), based on open standards and open source technology […]
Researchers from the Université Paris Diderot develop the first quantum algorithm for the constrained portfolio optimization problem.
The Japan government plans to accelerate its research and development of quantum cryptography technology and aims to put it into practical use starting in 2025. Japan is trying not to fall behind nations like the […]
IBM has unveiled a range of tools to help businesses be safe in the age of quantum computing, including the world’s first quantum-safe tape drive. IBM researchers, have been developing new ‘quantum-safe’ algorithms that can withstand […]
Fujitsu knows that quantum is the way to go, but at the moment they can’t do it at a mass scale. So they use a Digital Annealer which is not actually quantum but ‘quantum like’. […]
ID Quantique’s Quantis Quantum Random Number Generator (QRNG) will feed random numbers into the SafeNet Luna HSM, providing high quality entropy for the generation of strong keys. (Yahoo Finance) Read more.
Scottish Enterprise, Scotland’s national economic development agency, has awarded a £2.9 million ($3.5M / €3.2M) Research and Development grant to M Squared, a photonics and quantum technology company based in Glasgow. The funding will be used […]
If you’re trying to model an uncertain economic future, consider using a machine that runs on probability. Researchers from IBM, ETH Zurich and J.P. Morgan have recently figured out how to run a simplified risk calculation on […]
The company‘s biomolecular models can integrate outputs from quantum computers to accelerate CPU or GPU-based methods routinely used in structure-based drug discovery, such as molecular similarity and conformational search. (nextbigfuture.com) Read more.
ABN AMRO and Qutech are working to develop a technology based on Quantum Key Distribution (QKD) to improve banking security.
The Russian government has signed a number of agreements with several state-owned enterprises to distribute responsibilities for the development of a wide range of technologies. Under the new contracts, Russian Railways will manage the development […]