Quantum Computing Playbook: A Guide to Tapping Quantum’s Trillion Dollar Economic Potential
Insider Brief Quantum computing is rapidly emerging as a transformative technology – with, arguably, the innate potential to become the most transformative technology of the century. Recent projections from The Quantum Insider suggest a cumulative economic impact exceeding $1 trillion by 2035, with the power to power innovations in industries ranging from finance to pharmaceuticals. […]
MIT Team Develops Ultra-Precise Method to Fine-Tune Quantum Materials
Insider Brief Quantum materials, governed by quantum mechanics principles like correlation and entanglement, exhibit unique behaviors such as superconductivity. However, they need precise tuning to optimize performance. A team led by MIT’s Mingda Li has developed an ultra-precise method to adjust the properties of quantum materials, specifically Weyl semimetals. Using hydrogen ions for doping, the […]
Finland-based QMill Raises $4.5 Million in Seed Funding
Insider Brief QMill, a quantum computing startup based in Espoo, Finland, has raised $4.5 million in seed funding to drive the development of quantum algorithms that aim to solve real-world computational challenges, according to a company statement. The company, co-founded by Hannu Kauppinen, former CTO of Nokia Technologies, and Mikko Möttönen, a professor of quantum […]
Kipu Quantum Releases Updated Roadmap Focused on Commercial Quantum Advantage and Algorithm Innovation
Insider Brief: Kipu Quantum has released its updated roadmap towards achieving Commercial Quantum Advantage, focusing on shifting the narrative surrounding quantum computing’s technological progress. The company’s roadmap outlines advancements around algorithm development and industry use cases, intentionally moving beyond traditional metrics such as qubit count and error correction. Kipu Quantum’s mission is to define the […]
QunaSys Launches QURI Chemistry as IBM Qiskit Function to Accelerate Quantum Solutions for Chemical and Materials Applications
Insider Brief: PRESS RELEASE — QunaSys, a company focused on quantum computing algorithm development for chemical calculations and simulations, has announced the launch of QURI Chemistry, now available through IBM’s Qiskit Functions Catalog. According to the announcement, this launch addresses the growing demand for tailored quantum solutions in the chemical and materials industries. QURI Chemistry, […]
Bluefors Opens Expanded U.S. Production Facilities
Insider Brief PRESS RELEASE — Bluefors, the world leader in manufacturing cryogenic measurement systems for quantum technology, held the opening for its expanded production facility in Syracuse, New York. This expanded facility will increase the production capacity for its Cryomech-branded cryocoolers, enhance its R&D operations, and enable Bluefors to begin manufacturing dilution refrigerators at the […]
Algorithmiq Launches Error Mitigation Solution in IBM’s Qiskit Functions Catalog
Insider Brief PRESS RELEASE — Algorithmiq, a team pioneering the integration of quantum computing, artificial intelligence (AI), and Network Science to solve complex problems in the Healthcare and Life Sciences, has today announced the commercial availability of its revolutionary Tensor Network Error Mitigation (TEM) solution, via IBM’s newly launched Qiskit Functions Catalog. Leveraging the properties […]
Q-CTRL Adds Optimization Solver and Performance Management in IBM’s Qiskit Functions Catalog
Insider Brief PRESS RELEASE — Q-CTRL, the global leader in quantum infrastructure software, today announced that it offers two services via IBM’s new Qiskit Functions Catalog to simplify application development and performance management services. Q-CTRL’s performance-management software, Fire Opal, improves the usability and capability of quantum computing by reducing errors and abstracting the details of […]
Qedma’s Next-Generation Quantum Error-Mitigation Software Available as IBM Qiskit Function
Insider Brief: PRESS RELEASE Tel Aviv, Israel, September 16th, 2024 — Qedma, a leading quantum computing software company, announced the availability of its Quantum Error Suppression and Error Mitigation (QESEM) solution as an IBM’s Qiskit Function, supplying a crucial component in the quantum technology stack to enable quantum algorithms to achieve high accuracy at large […]
Ion-Trap Quantum Computer Ready For Novel Research And Development at The LRZ
Insider Brief PRESS RELEASE — The next quantum computer is ready for use in research and development at the Leibniz Supercomputing Centre (LRZ) of the of the Bavarian Academy of Sciences and Humanities. The system is based on trapped-ion technology and computes with 20 qubits. It was funded by the Bavarian Ministry of Sciences and […]