January 19, 2025
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D-Wave secures $40M and plans a $120M project

Canadia-based D-Wave Systems has secured $40 million from the Government of Canada to support its quantum computing systems and software. The $40 million in government funding comes in the form of Strategic Innovation Fund (SIF) […]

Honeywell: Quadrupled Quantum Performance

Honeywell: Quadrupled Quantum Performance

Honeywell Quantum Solutions has achieved another milestone in its quest to develop the highest-performing quantum computers on the market. This week, the System Model H1 quadrupled its performance in terms of quantum volume and became the […]

First Quantum IPO: IonQ

IonQ is the first pure-play Quantum Computing company that comes public today. The deal will give IonQ $650 million in gross proceeds. The deal includes a $350 million PIPE that includes investments from Fidelity, Silver […]

GlaxoSmithKline in Quantum Computing

Drug maker GlaxoSmithKline (GSK) is evaluating Quantum Computing for specific workloads that hit scalability and complexity walls with traditional architectures and approaches, specifically genetic algorithms. Specifically, the company wanted to understand how quantum computing might […]

Quantum Processor made in Germany

An alliance between Forschungszentrum Jülich and the semiconductor manufacturer Infineon, together with institutes of the Fraunhofer-Gesellschaft (IAF, IPMS) as well as the Leibniz Association (IHP, IKZ), the universities of Regensburg and Konstanz and the quantum […]

Performance advantage in quantum simulation

D-Wave Systems has published a milestone study in collaboration with scientists at Google, demonstrating a computational performance advantage, increasing with both simulation size and problem hardness, to over 3 million times that of corresponding classical […]

Quantum Internet in Austria

Austria is getting a Quantum Internet. With the “Austrian Quantum Fiber Network” (AQUnet), an Austria-wide network of fiber optic cables is to be built that is suitable for the exchange of quantum information and precision […]

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NEC and ParityQC collaborate in Quantum Computers

ParityQC LogoNEC Corporation and ParityQC have announced that they have started collaborating in the field of Quantum Annealing. NEC will be the first company worldwide implementing the ParityQC architecture for quantum annealing devices. The collaboration […]