D-Wave Sees Gains in Quantum Cloud Revenue, Contends With Rising Losses
D-Wave Quantum Inc., a major pioneer in commercial quantum computing, reported mixed results for its third quarter of fiscal year 2024. The company, specializing in quantum computing services and technology, saw a 41% rise in revenue for its Quantum Computing as a Service (QCaaS) segment, signaling growth in demand. However, D-Wave also posted a net […]
Years of Collaboration Culminate in QDlight Lab to Advance Quantum Photonics
Insider Brief: PRESS RELEASE — On November 13th 2024, Quandela, the CNRS, Université Paris-Saclay, and Université Paris Cité inaugurated at the Centre for Nanoscience and Nanotechnology (CNRS/Université Paris-Saclay/Université Paric Cité) the QDlight associated research laboratory focusing on research in quantum photonics, which is to say the art of controlling light in the quantum regime inside […]
Quantum Technologies Could Have £8 Billion of Impact on UK Transport by 2035
Insider Brief Quantum technologies could generate up to £8 billion in economic value for the UK transport sector by 2035, according to a report from the Department for Transport (DfT). While there is a proverbial long road ahead, the study explores how advances in quantum computing, communication and sensing could tackle long-standing challenges in the […]
Playground Global’s Peter Barrett on Australia’s Vision for Building a Quantum Future
Insider Brief In a keynote at the Semiconductor Australia conference, Peter Barrett, Co-Founder and General Partner of Playground Global, discussed Australia’s potential to become a leading player in the global quantum technology landscape. Paying attention to the nation’s rich talent and resources, Barrett underscored the unique role Australia could play in advancing both the quantum […]
South Korea’s ETRI 6-Qubit Silicon Photonic Quantum Circuit for Scalable Quantum Computing
Insider Brief: PRESS RELEASE — A group of South Korean researchers has successfully developed an integrated quantum circuit chip using photons (light particles). This achievement is expected to enhance the global competitiveness of the team in quantum computation research. Electronics and Telecommunications Research Institute (ETRI) announced that they have developed a system capable of controlling […]
Volkswagen and IQM Collaborate to Scale Quantum Simulations with Fewer Qubits
Insider Brief: PRESS RELEASE — In a recently announced collaboration, IQM Quantum Computers and Volkswagen demonstrated the application of Contextual Subspace Auxiliary-Field Quantum Monte Carlo (CS-AFQMC), a hybrid method that integrates quantum and classical resources to improve simulations of strongly correlated systems in quantum chemistry. The partnership applied this to an experimental reductive decomposition of […]
Vancouver-based Quantum-AI Startup Nirvanic Consciousness Technologies Emerges From Stealth
Insider Brief Nirvanic Consciousness Technologies Inc., a Vancouver-based quantum-AI startup, emerged from stealth with the “heady” goal: exploring the computational underpinnings of consciousness to create safer, human-aligned artificial intelligence systems, according to a post on the company’s Substack. The company’s vision is to imbue AI with qualities typically associated with human consciousness — such as […]
Atlantic Quantum and MIT Secure $1.8M AFWERX Grant to Advance Superconducting Quantum Computing for U.S. Defense
Insider Brief: PRESS RELEASE — Atlantic Quantum, in collaboration with Professor Kevin P. O’Brien at the Massachusetts Institute of Technology (MIT) Quantum Coherent Electronics (QCE) group, announces it has been selected by AFWERX for a Phase II STTR grant in the amount of $1.8 million focused on developing utility-scale superconducting quantum computers to address the […]
Channeling Nature’s Blueprint: Quantum-Inspired Genetic Algorithms Evolve Photonic Cooling Design
Insider Brief: Nature, the original engineer, has long used the subtle patterns of selection and adaptation as a medium, adjusting traits in response to an endless stream of environmental queues. In this process of natural selection, each adaptation is a calculated adjustment to increase the odds of success in an ever-shifting world. Inspired by this […]
Quantinuum Launches Quantum Error Correction Decoder Toolkit
Insider Brief Quantinuum has launched a Quantum Error Correction (QEC) decoder toolkit, what the team is calling a critical addition to its quantum computing suite aimed at achieving fault-tolerant quantum computing. The toolkit lets users decode syndromes — or identify and correct errors — and apply real-time corrections, essential steps to maintaining reliable quantum computations, […]