TQI Exclusive: Moody’s, QuEra Explore Using Quantum Computers to Better Predict Path, Intensity of Tropical Cyclones
Insider Brief A team of researchers from Moody’s is partnering with QuEra to find out whether quantum algorithms can help them explore problem areas that are challenging for purely classical approaches, such as storm forecasting. Better prediction of tropical storm strength and direction could help financial analysts predict economic impact, as well as help rescuers […]
India-based QpiAI Secures $6.5 Million in Pre-Series A Funding
Insider Brief QpiAI has closed its first external investment round, securing $6.5 million in pre-series A funding. Yournest and SIDBI Venture Capital Limited (SVCL) led the round, with participation from a range of other investors. QpiAI plans to use funding build a full-stack 25-qubit quantum computer scalable to 1,000 physical superconducting qubits. QpiAI, a leader […]
Intel Debuts New Chip Focused on Addressing Quantum Computing’s Wiring Bottleneck
Insider Brief Intel has introduced a millikelvin quantum research control chip, dubbed Pando Tree. The company reports this is the first semiconductor manufacturer to demonstrate the distribution of cryogenic silicon spin qubit control electronics within a dilution refrigerator. The advance represents a significant step forward in addressing the wiring bottleneck that limits the scaling of […]
Quantum Technology Could Open The Way to Economic Advantage For The UK, Academy Reports
Insider Brief The UK is well placed to apply its unique expertise and commercial knowhow in key areas of quantum technology that could boost its future economy. The findings are part of a report published today by the Royal Academy of Engineering. The Academy makes six recommendations on how government could support the UK’s emerging […]
IQM Quantum Computers Opens Quantum Data Centre in Germany to Support Industry Applications
Insider Brief IQM Quantum Computers is opening of its first quantum data centre in Munich, Germany. The facility will support industry applications, with plans to place up to 12 quantum computers in the data centre. Currently, the centre is equipped with two of IQM’s quantum computers, manufactured at its commercial chip production and assembly line […]
Preparing for a Transformative Future, Unilever’s Alberto Prado Speaks on Quantum Computing & AI
“We care deeply about the problems that quantum could be able to solve, and as such, we’re interested in finding what would be the use cases where we could apply Quantum when it gets ready,” said Alberto Prado, setting the tone for Unilever’s strategic approach to quantum computing. At the AI Summit London 2024, the […]
Quantum Experts Honored in HM The King’s Birthday Honours List 2024
Insider Brief Several key figures in the UK’s quantum sector have been honored in the HM The King’s Birthday Honours List 2024. Ian Alexander Walmsley, Rachel Louise Maze and Jonathan Legh-Smith were recognized for their services to quantum science and technology. The King’s Birthday Honours List is published biannually — on New Year and on […]
The First Advanced Quantum Processing Unit Delivered by Pasqal to GENCI and CEA
Insider Brief A 100+ qubit quantum processing unit, acquired by GENCI, was delivered at TGCC, the CEA computing centre. The delivery is part of the broader High-Performance Computer and Quantum Simulator hybrid (HPCQS) project, co-funded by the European HPC Joint Undertaking, along with GENCI. Pasqal’s QPU will be integrated with GENCI’s supercomputer, Joliot-Curie. Image: Pasqal […]
SK Telecom Launches X Quantum Alliance to Build Out Country’s Ecosystem
Insider Brief SK Telecom officially launched its new quantum alliance, X Quantum, this week. South Korea’s largest wireless carrier by membership formed an alliance with six other companies to explore joint marketing and business opportunities within the quantum ecosystem. SK Telecom also introduced Q-HSM, the next-generation quantum cryptography chip. SK Telecom, South Korea’s largest wireless […]
Qblox Says $26 Million in Series A Funding to Accelerate Quantum Control Stack Development
Insider Brief Qblox announced the successful closure of its Series A funding round, securing $26 million in investment. The round was led by Quantonation and Invest-NL Deep Tech fund and with participation of QDNL participations and the European Innovation Council (EIC). The team said it’s a strategic step as they work toward advances in quantum […]