IBM brings its Quantum System One to customer’s premises
For the very first time, IBM brings its Quantum System One to customer’s premises, the Cleveland Clinic.
Quantum algorithm to generate optimized portfolios
Using the D-Wave hybrid solver service, Multiverse Computing developed an algorithmic approach to rapidly generate portfolios that can be optimized against a variety of constraints. Every investment entails some measure of risk—the fundamental question is whether the reward […]
A Quantum algorithm for the sensitivity analysis of business risks
Except for Value at Risk and option pricing, quantum algorithm are not often used to solve problems in finance. Indeed, such analysis are computationally too expensive to perform on classical computers. In this study, authors […]
Building resilient cities with quantum sensors: an interview with Dr Simon Bennett
Researchers at the QT Hub are exploiting quantum technology to develop sensors and timing devices.
Australian start-up unveils world-first diamond quantum computer technology
Brilliance Quantum, an Australian startup, unveils world-first diamond quantum computer technology.
BMW chooses Honeywell Model H1 Quantum Computer and Entropica Labs
BMW teamed up with Entropica Labs, a Singapore-based quantum computing startup, and Honeywell Quantum Solutions for finding out if Quantum Computing had the potential to optimize and speed up supply chain management. (Forbes) Read more.
Norway: New Quantum Computing Centre
SINTEF, NTNU and the University of Oslo want to make Norway “Quantum-Ready”, and have taken the matter into their own hands by together establishing the Norwegian Quantum Computing Centre. This center gathers a strong interdisciplinary, cross-institutional team […]
Lloyd’s: The impacts of Quantum Computing on Insurance
The famous UK insurance company Lloyd’s has published a very interesting white paper about the impacts of Quantum Computing with a focus on Insurance and Finance domaines. It’s also a very nice summary of all […]
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 Quantum Solutions has achieved another milestone in its quest to develop the highest-performing quantum computers on the market.
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 […]
Israel allocates $60 Million to build first Quantum Computer
Israel is seeking to build its first quantum computer, joining a global race for one of the world’s most important emerging technologies.
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 start-up HQS aims to build a semiconductor quantum processor made in Germany that is based on the “shuttling” of electrons and is to be achieved with technology available in Germany.
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 methods.
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 […]
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 […]
China’s first Quantum Computer Operating System
Origin Quantum Computing Technology, a Chinese startup, launched the country’s first homegrown operating system (OS) for quantum computers. The new OS, named Origin Pilot, has been optimized for the resource management and parallel processing capabilities […]
Quantum Flagship consortium launches a project on silicon spin qubits
A European consortium was launched today with the goal of scaling silicon quantum technologies. Named QLSI (Quantum Large-Scale Integration with Silicon), this four-year EU project, coordinated by CEA-Leti, will lay the foundation for the EU’s […]
New EU Quantum Flagship consortium launches a project on silicon spin qubits
The QLSI consortium, a four-year EU project coordinated by CEA-Leti, aims to position Europe as a global leader in quantum computing by developing scalable silicon-based quantum processors, including a 16-qubit chip and an 8-qubit open-access system, while documenting requirements for systems exceeding 1,000 qubits as part of the €1 billion Quantum Flagship program.
QSens: Stuttgart-Ulm German cluster for Quantum Sensors
QSens: Stuttgart-Ulm German cluster for Quantum Sensors
Ilyas Khan – Quantum Personality of the Year 2020
With 41.95% of the votes, Ilyas Khan, CEO of the UK startup Cambridge Quantum Computing (CQC), has won the title of the “Quantum Personality of the Year 2020“. As a visionary, Ilyas founded CQC in 2014, […]
Microsoft Azure Quantum is now in Public Preview
Azure Quantum, the Microsoft’s full-stack, public cloud ecosystem for quantum solutions, is now open for business. Developers, researchers, systems integrators, and customers can use it to learn and build quantum solutions.
Classiq startup secures $10.5M more
Classiq, an Israeli startup has just announced that it secured $10.5 million more in funding for a total of $14.5 million.
CQC and Roche partnership in drug discovery
Cambridge Quantum Computing (CQC) has just announced their collaboration with Roche, to design and implement noisy-intermediate-scale-quantum (NISQ) algorithms for early-stage drug discovery and development. The multi-year collaboration will combine the expertise of both CQC and […]