U.S. venture capital giant Bessemer Venture Partners has signed on to lead a US$100-million funding of Toronto startup Xanadu Quantum Technologies Inc., as competition intensifies in a global race to bring quantum computers to market. […]
Pharmaceutical giant Merck is taking a cautious but informed approach that includes setting up an internal working group and partnering with Quantum Computing startup Seeqc to monitor developments while keeping an open mind. About 3 years […]
Goldman Sachs and QC Ware researchers have designed new, robust quantum algorithms that outperform state-of-the-art classical algorithms for Monte Carlo simulations and can be used on near-term quantum hardware expected to be available in 5 to 10 […]
Cambridge Quantum Computing (CQC) has partnered with the German Aerospace Center (Deutsches Zentrum für Luftund Raumfahrt aka DLR) to explore how Quantum Computing could help create better simulation models for battery development to aid future […]
Ally Financial, a leading digital financial services company, shared that it is partnering with Microsoft on Azure Quantum solutions. The company will utilize Azure Quantum to explore how Microsoft’s quantum capabilities can help deliver impact for their customers. Given […]
CaixaBank is progressing in its preparation strategy for the arrival of quantum computing. After successfully performing the first real tests of quantum computing to study the applications of this technology in financial services, the institution […]
Quantum Brilliance, an Australian startup, and Quantum-South, an Uruguayan startup, has announced a partnership to jointly develop and market of complementary products and technology in shipping logistics optimization. The companies will be performing proof of concept implementations […]
Towards ubiquitous connectivity The first steps towards a quantum internet were taken in the past decade by linking two quantum devices that shared a direct physical link. However, being able to pass on quantum information […]
Qu&Co, a Dutch quantum computational software developer startup, and LG Electronics (LG) are launching a three-year research collaboration to develop and test quantum algorithms for multi-physics simulations to solve some of LG’s most complex corporate research challenges. […]
Nvidia has just announced at their GTC event about the performance of quantum simulators using the DGX A100 and its own custom-cooked quantum development software stack, called cuQuantum. The thing is, most of the quantum […]
