Swiss Finance Sector Urged to Act Fast to Avoid Quantum Threat
Insider Brief Swiss financial institutions face a looming risk from quantum computing, and a new plan says they must act now to stay secure and competitive. The Swiss Financial Innovation Desk (FIND) has issued a seven-step action plan to prepare the country’s finance sector for a future in which quantum computers can break today’s encryption, […]
Joint Research Team Achieves Certified Quantum Randomness, Turns Once Theoretical Experiments Into First Commercial Applications For Quantum Computing
Insider Brief PRESS RELEASE — – In a paper in Nature published onMarch 26, a team of researchers from JPMorganChase, Quantinuum, Argonne National Laboratory, Oak Ridge National Laboratory, and the University of Texas at Austin achieved a critical industry milestone by demonstrating a potential application of a quantum computer. Randomness has many industrial uses, from solving […]
Algorithmiq Announces Majorana Propagation and Establishes the Case for Smarter Quantum Workflows
Insider Brief: The quest to bring forward the practicality of quantum computation is anything but straightforward. While hardware improvements such as fidelity, speed, and quantum error correction often dominate the discourse, another strategy can be just as impactful, especially when used in tandem–simplifying quantum computations through better classical algorithms. In a recently published arXiv preprint, […]
Oxford Researchers Demonstrate Fast, 99.8% Fidelity Two-Qubit Gate Using Simplified Circuit Design
Insider Brief: Speed and fidelity are two of the most meaningful parameters for quantum gates. The faster the gate, the less time for decoherence to erode fidelity. The higher the fidelity, the less a system has to rely on quantum error correction, which, while powerful, comes with considerable overhead. A new result from the University […]
Top Universities For Quantum Research — 2025
The following is a non-exhaustive list of top universities engaged in quantum research. While we can unequivocally say that the following universities are global leaders in quantum research, we acknowledge that comparisons are difficult, if not impossible, and that research output is not the only measure of quantum leadership. Research quality, educational quality, educational opportunity […]
Phasecraft Develops Algorithm to Improve Quantum Simulation Efficiency
Insider Brief PRESS RELEASE — In a breakthrough that puts us a step closer to real-world quantum applications, Phasecraft – the quantum algorithms company – has developed a novel approach to quantum simulation that significantly improves efficiency while cutting computational costs. The method, known as THRIFT (Trotter Heuristic Resource Improved Formulas for Time-dynamics), optimizes the quantum […]
Google Executive Says Quantum Applications Could Arrive in Five Years
Insider Brief One of Google’s top quantum computing executives says practical quantum applications are just five years away. Julian Kelly, director of hardware at Google Quantum AI, told CNBC’s Deirdre Bosa that the company is approaching a milestone: a quantum computer capable of performing useful tasks that today’s most powerful machines cannot. “We think we’re […]
National Quantum Computing Centre’s Paper Explores Quantum Computing’s Transformative Potential in Healthcare And Pharmaceuticals
Insider Brief PRESS RELEASE –The National Quantum Computing Centre (NQCC) launched its first Insights Paper, “The convergence of healthcare and pharmaceuticals with quantum computing: A new fronter in medicine”, exploring how quantum computing could enable a step-change in medicine and healthcare delivery over the coming decades. The paper examines the potential of quantum computing to […]
Sources: PsiQuantum Raising $750 Million to Push Photonic Quantum Computers Toward Commercial Reality
Insider Brief Quantum computing startup PsiQuantum is raising at least $750 million at a $6 billion pre-money valuation, betting that light-based chips built with traditional manufacturing tools can deliver a working quantum computer within the decade, Reuters is reporting. BlackRock is reportedly leading the fundraising effort, which has not yet closed, according to Reuters, citing […]
Classiq Powers Quantum Advance With Sumitomo Corporation and Mizuho-DL Financial Technology
Insider Brief PRESS RELEASE — Classiq Technologies, a leading quantum computing software company, announced today that it has successfully achieved significant compression of quantum circuits in implementing quantum algorithms for Monte Carlo simulations as part of a project conducted by Sumitomo Corporation. Sumitomo used Classiq’s quantum platform and quantum algorithms provided by Mizuho–DL Financial Technology Co., Ltd. Background: Expectations […]