Archives

Andhra Pradesh Plans ‘Quantum Valley’ to Advance India’s National Quantum Mission

indian flag tech generated

Insider Brief: PRESS RELEASE — The Andhra Pradesh government has announced plans to establish a Quantum Valley, a quantum computing hub in Amaravati, as part of India’s National Quantum Mission. The initiative, led by Chief Minister N. Chandrababu Naidu, is intended to provide the infrastructure necessary in hopes of establishing the state as a leading […]

QuamCore Emerges From Stealth With $9 Million in Seed Funding to Build World’s First Scalable 1 million Qubit Quantum Computer

Insider Brief PRESS RELEASE — – QuamCore, a deep tech startup redefining quantum computing scalability, announced today its emergence from stealth with $9 million in seed funding. Founded in 2022, QuamCore has spent the past two years developing its breakthrough superconducting quantum processor architecture, working in stealth mode to solve the critical scalability challenges that […]

IBM, Japan Build a Quantum Computing Industry Through University, Corporate Ties

IBM Japan

Insider Brief Japan has become a key player in quantum computing, linking university research with corporate development to create a growing supply chain for the technology, according to an IBM post. Since 2019, when the University of Tokyo partnered with IBM to install Japan’s first IBM Quantum System One, the country has steadily expanded its […]

ConScience AB Unveils Next-Generation Quantum Devices: QiB1 and QiB2

Insider Brief PRESS RELEASE — ConScience AB, a leading innovator in quantum computing technology, proudly announces the launch of two new quantum devices: QiB1 and QiB2. Following the success of the company’s first product, “Qubit-in-a-Box-0” (QiB0), released in 2024, these new additions to the QiB family mark a significant advancement in the field of quantum research and development. […]

Spooky No More: New Formula Untangles Quantum Entanglement

entanglement

Insider Brief PRESS RELEASE — Once described by Einstein as “spooky action at a distance,” quantum entanglement may now seem less intimidating in light of new research findings. Osaka Metropolitan University physicists have developed new, simpler formulas to quantify quantum entanglement in strongly correlated electron systems and applied them to study several nanoscale materials. Their […]

NIST Selects HQC as Fifth Algorithm for Post-Quantum Encryption

NIST

Insider Brief PRESS RELEASE — Last year, NIST standardized a set of encryption algorithms that can keep data secure from a cyberattack by a future quantum computer. Now, NIST has selected a backup algorithm that can provide a second line of defense for the task of general encryption, which safeguards internet traffic and stored data alike. Encryption protects sensitive […]

Alice & Bob Improves Quantum Error Correction by ‘Squeezing’ Cat Qubits 

Insider Brief PRESS RELEASE — Alice & Bob, a frontrunner in the race for fault-tolerant quantum computing, today announced a significant advancement in cat qubit technology to reduce errors in quantum computers. Cat qubits are a relatively recent innovation in superconducting qubit designs that Alice & Bob has been pioneering since 2020 and that recently […]

IonQ Raises $360M Through ATM Program, Terminates Offering After Meeting Capital Needs

IonQ

Insider Brief: PRESS RELEASE — IonQ, Inc., a company in the quantum computing and quantum networking industries, today announced that under its “at-the-market” equity offering program it has sold a total of 16,038,460 shares of its common stock for an aggregate amount of approximately $372.6 million, netting aggregate proceeds of approximately $360 million. The Company […]