World Economic Forum Selects Quantum Companies For 2024 Technology Pioneers Cohort

WEF

Insider Brief The World Economic Forum announces the selection of this year’s 100 companies joining its Technology Pioneers. The list includes pioneering quantum computing firms. These companies will contribute cutting-edge insights and expertise to the Forum’s global initiatives over the next two years and help scale their impact. The World Economic Forum has unveiled the […]

QPerfect and QuEra Announce Collaboration to Propel Simulations of Quantum Error Correction and Logical Quantum Algorithms

Quantum error correction

Insider Brief QPerfect and QuEra will collaborate on the development and evaluation of tensor network methods for accurate modeling of quantum error correction. The teams are set to model and capture effects that are out of reach using standard simulation techniques. The partnership will leverage QPerfect’s MIMIQ, a powerful virtual quantum computer and quantum simulation framework. […]

Toshiba, Numana Collaborate to Strengthen Kirq Quantum Communication Testbed Capabilities in Quebec

quantum key

Insider Brief Toshiba and Numana announced a strategic collaboration to enhance the Kirq quantum communication testbed in the Province of Quebec. The partnership will further leverage cutting-edge quantum technologies like Quantum Key Distribution (QKD) technology to ensure secure communications. The Kirq testbed is live in Sherbrooke with two additional hubs to be launched in Montreal […]

UKQuantum Launches its Manifesto for the UK Quantum Technology Sector

Insider Brief UKQuantum, the consortium for the UK quantum industry, launched its Manifesto for the UK’s quantum sector. The manifesto makes specific recommendations to the next government to ensure the UK maintains its position as a global quantum technology leader. UKQuantum is committed to providing a unified voice for the sector while supporting and representing […]

French Consortium Unites Quantum Computer Manufacturers, End-Users And Interconnect Maker to Scale Quantum Computing through Algorithm Parallelization

france consortium

Insider Brief Île-de-France Region invests €2 million in AQADOC project to advance quantum computing through algorithm parallelization with Welinq, EDF, Pasqal, and Quandela. Consortium combines quantum manufacturers, end-users, and interconnect maker to explore multi-core quantum computing for energy sector applications. Supported by GENCI, Teratec, and Lab Quantique, AQADOC addresses energy challenges and promotes quantum technology […]

Mphasis And Classiq Partner to Drive Quantum Innovation

light, shine, reflection

Insider Brief Mphasis announced a strategic partnership with Classiq to accelerate the adoption of quantum solutions for enterprises by integrating them into its operations. Classiq leads in quantum computing software and has developed a platform for faster and more efficient quantum algorithm design. Mphasis will focus on building industry solutions in sectors such as BFSI, […]

EIFO Invests 70 Million DKK — $10.2 million US — in Atom Computing

atom computing in denmark

Insider Brief EIFO announces an investment of 70 million DKK — about $10.2 million US — in the American Atom Computing. Atom Computing will also establish its European headquarters in Denmark. EIFO’s investment is aligned to the national strategy of the Danish government to become a centre for international quantum technology. Image: CEO at Atom […]

Researchers Use Quantinuum’s New 56-Qubit Quantum Computer to Show 100X Improvement on Google’s 2019 Random Circuit Sampling Task

quantinuum

Insider Brief Quantinuum unveiled its H2-1 quantum computer with 56 trapped-ion qubits that further improves its market-leading fidelity. The company, working with JPMorgan Chase researchers, also reported on a new world record for the cross entropy benchmark on the H2-1. Critical Quote:  “Our focus on qubit quality – trapped ion qubits that solve complex problems […]