Seeqc today announced it has secured a total of $22.4 million in its Series A fundraising, led by the EQT Ventures fund, to advance commercially viable application-specific quantum computing systems. In addition to EQT Ventures, […]
The UK government announced a £10 million investment to let businesses and researchers make the most of quantum capabilities. California-based company Rigetti Computing will develop the quantum computer over a three-year programme, in partnership with […]
Xanadu, a leading company in photonic quantum computing, announced the release of the world’s first publicly available Photonic Quantum Cloud platform. Developers can now access Xanadu’s gate-based photonic quantum processors, in 8, 12, and soon […]
BBVA is closely following through various lines of research aimed at exploring applications of quantum computing in the world of finance. As part of this work, and in collaboration with Spanish startup Multiverse, the joint research team […]
Researchers at Chicago Quantum continue to investigate the use of quantum computers in Finance. They have now looked for building an optimal portfolio out of a universe of 60 U.S. listed, liquid equities. Starting from […]
A mobile banking app based on SK Telecom’s 5G quantum cryptography technology will be introduced at a South Korean bank. Personal information will be thoroughly protected when customers transfer money or going through identity verification […]
IBM on Thursday announced it’s reached a new quantum computing milestone, hitting its highest Quantum Volume to date. Using a 27-qubit client-deployed system, IBM achieved a Quantum Volume of 64. Quantum Volume is a metric […]
With the recent technological advancements in quantum computing, scientists face new challenges when it comes to the setup and control of qubit systems. In a webinar (August 20th, 2020 17:00 – 18:00 CEST, 11:00 – […]
Amazon announced the general availability of Amazon Braket, a fully managed Amazon Web Services (AWS) product that provides a development environment for exploring and designing novel quantum algorithms. Customers can tap Braket — which launched in preview last […]
Toshiba Corporation, Tohoku University Tohoku Medical Megabank Organization (ToMMo) and Tohoku University Hospital have demonstrated that quantum cryptographic communications technology can provide genomic medicine with a safe, completely secure data management environment. This was achieved […]
The Gravity Delve project, funded by Innovate UK, brings together academics from the UK Quantum Technology Hub Sensors and Timing, which is led by the University of Birmingham and Nemein Ltd, with the aim of investigating […]
Preparations are under way for the new Amazon Web Services Center for Quantum Computing, scheduled to open in spring 2021 at Caltech. The two-story, 21,000-square-foot facility will be located on South Holliston Avenue, adjacent to […]
Rigetti Computing, the quantum computing startup that is challenging industry heavyweights like IBM, Microsoft and D-Wave, announced this week that it has closed a $79 million Series C funding round. The round was led by […]
As part of the US federal government’s effort to speed the development of quantum computers, the National Science Foundation (NSF) has awarded the University of California, Berkeley, $25 million over five years to establish a multi-university […]
A team from JPMorgan Chase, IBM Research Zurich and ETH Zurich presents a methodology to price options and portfolios of options on a gate-based quantum computer using amplitude estimation, an algorithm which provides a quadratic […]
Researchers from Caltech and Ben-Gurion University put forward the idea that classical blockchains and smart contracts are potentially useful primitives not only for classical cryptography, but for quantum cryptography as well. Abstractly, a smart contract […]
Miraex, together with top-notch partners Aperio Global and IBM, has been selected among the 15 finalists for the NASA Science Mission Directorate “Entrepreneurs Challenge”. Miraex, a Swiss startup located in Lausanne and spinoff of EPFL, is one of the few […]
Classiq, which is the first Israeli startup in the field of quantum computing software, has raised 4M$ from Entrée Capital. Quantum development environments (e.g Qiskit, Cirq, Q#, Forest, etc.) allow the design of quantum circuits […]
US Department of Energy (DOE) officials and scientists have begun laying the groundwork for a more secure “virtually unhackable” internet based on Quantum Computing technology. A report has been issued that lays out a blueprint […]
Researchers at the University of Virginia School of Medicine are tapping into the potential of quantum computers to understand genetic diseases. The team developed and implemented a genetic sample classification algorithm, a Hamming distance-like, that […]
SIG, ID Quantique and ADVA announced today the implementation of the first quantum encrypted datacenter interconnection with QKD.
The startup Quandela has closed its first round table to develop high-performance and reliable photonic qubit sources. This round was carried out with Quantonation and Bpifrance. Created in 2017, Quandela is a spin-off from the […]
ORCA Computing Ltd, a quantum computing company based in London, UK has announced the close of £2.9M ($3.7M) public and private financing to begin building their optical-fiber based quantum computer. The pre-seed round was led […]
BBVA, a Spanish financial services corporation, has introduced the results of six proofs of concept (PoC) trials that leverage quantum computing for several different potential business use cases. BBVA worked cooperatively with Accenture, Fujitsu, Spain’s […]
Atos announces the development of a new Quantum Annealing Simulator via its existing Atos Quantum Learning Machine offering (Atos QLM).