Proven Quantum Advantage: Researchers Cut Learning Task Time From 20 million Years to 15 minutes
Insider Brief PRESS RELEASE — Amid high expectations for quantum technology, a new paper in Science reports proven quantum advantage. In an experiment, entangled light lets researchers learn a system’s noise with very few measurements. Researchers at the Technical University of Denmark (DTU) and international partners have demonstrated that entangled light can cut the number of measurements needed […]
Imec and Diraq Report in Nature That Industrial Silicon Qubits Reach Fidelity Needed for Error Correction
Insider Brief PRESS RELEASE — Imec, a world-leading research and innovation hub in nanoelectronics and digital technologies, and Diraq, a pioneer of silicon-based quantum computing, have demonstrated that industrially made silicon quantum dot qubits consistently show error rates that surpass the values needed for quantum error correction. The results, reported in Nature, show that Diraq’s qubits […]
Quantum Optics Jena Secures Independent Certification Milestone for Quantum Communications
Insider Brief PRESS RELEASE — Quantum Optics Jena today announced a milestone in building secure quantum communication systems: independent certification of its entangled photon-pair source by Italy’s National Institute of Metrological Research (INRIM). This evaluation represents a crucial step toward trusted, certifiable quantum key distribution (QKD) networks. Quantum communication promises virtually unbreakable security by using the laws […]
Alice & Bob’s Preliminary Results Vastly Surpass Previous Bit-Flip Time Record
Insider Brief PRESS RELEASE — Alice & Bob, a global leader in fault-tolerant quantum computing, today announced in a blog post new results showing that their cat qubits can resist one of the main errors in quantum computers, the bit-flip, for more than one hour. These early results seem to suggest that bit-flips are not […]
Aegiq Commissions Photonic Quantum Computer at The UK’s NQCC
Insider Brief PRESS RELEASE — Aegiq today announced the successful commissioning of its flagship photonic quantum computer at the UK’s National Quantum Computing Centre (NQCC), completing all technical and integration milestones for the system, the first on-premises photonic quantum computer deployed by Aegiq. Aegiq’s on-premises system at NQCC enables exploration and validation of photonic quantum […]
QBoson Researchers Say Quantum Computing Could Put Beijing’s Bus Routes on The Fast Track
Insider Brief The wheels of a bus do indeed go ’round and ’round, except when traffic snarls, mechanical failures and scores of other difficulties halt the wheels of entire fleets of buses — especially in busy, complex bus route networks in cities, like Beijing. Now, a new study suggests that specialized quantum hardware can outpace […]
NanoQT Announces First Closing of $14 Million Series A Funding to Redefine Quantum Computing
Insider Brief PRESS RELEASE — Nanofiber Quantum Technologies, Inc. (NanoQT), a quantum computing company pioneering ultra-low-loss nanofiber cavity-QED interconnects for quantum processors, today announced the first closing of its $14 million Series A financing. Phoenix Venture Partners (PVP), an existing investor, led the round with participation from Brevan Howard Macro Venture Fund, a new investor. […]
Guest Post: HSBC Demonstrates World’s First-known Quantum-enabled Algorithmic Trading With IBM
Guest Post by Steve Suarez, Founder & CEO, HorizonX If you still doubt that quantum computing is real – look at this: real data, real scale, real quantum machines in action. HSBC, working with IBM, has just delivered the world’s first-known quantum-enabled algorithmic trading trial. Using actual production-scale data from the European corporate bond market, […]
HSBC Demonstrates Quantum-Enabled Algorithmic Trading With IBM
Insider Brief PRESS RELEASE — HSBC today announced the world’s first-known empirical evidence of the potential value of current quantum computers for solving real-world problems in algorithmic bond trading. Working with a team from IBM, HSBC leveraged an approach that utilised quantum and classical computing resources to deliver up to a 34 percent improvement in […]
QuEra And Collaborators Report on Cutting Runtime Overheads to Accelerate Real-World Applications For Quantum Computers
Insider Brief PRESS RELEASE — QuEra Computing, the leader in neutral-atom quantum computing, today announced that Nature has published “Low-Overhead Transversal Fault Tolerance for Universal Quantum Computation,” a paper prepared in collaboration with Harvard and Yale. The research introduces Algorithmic Fault Tolerance (AFT), a new framework that drastically reduces the time overhead of error correction in quantum […]