IBM’s Heather Higgins on Quantum Computing Rising to Tackle Enterprise Challenges
As AI grabs headlines, another transformative technology — quantum computing — is making a significant impression behind the scenes. Heather Higgins of IBM Quantum underlined the huge potential in a recent interview: “McKinsey actually in a recent report put out that there are use cases that will create value capture for industry up to $2 trillion by 2035.” So, […]
French National Quantum Update — May 2024
Executive Summary Government. Entrepreneurship. Science. To build a thriving global ecosystem in quantum technologies, you need those three factors. This month, France demonstrated its strength and agility in all of these categories. The country’s policymakers, in particular, shined during the Choose France Summit, which was held this month. The officials showed their interest in quantum […]
Connecticut Will Make up to $100 Million in Strategic Investments in Cutting-Edge Technologies, Including Quantum
Insider Brief The Connecticut government announced the creation of the Connecticut Innovation Clusters Program, a $100 million initiative. The initiative supports the continued growth of critical sectors of the Connecticut economy, including biotechnology, financial technology, insurance technology and advanced manufacturing in support of national defense. Critical Quote: “Connecticut has the best educated and best trained […]
Cleveland Clinic And IBM Researchers Apply Quantum Computing Methods to Protein Structure Prediction
Insider Brief Cleveland Clinic and IBM researchers are laying the groundwork for applying quantum computing methods to protein structure prediction. The team’s combination of classical and quantum computing methods is an essential step for advancing our understanding of protein structures The team published their findings in the Journal of Chemical Theory and Computation. PRESS RELEASE […]
How Photonic is Preparing to Scale Quantum Computing to Realize Its Transformative Potential
In an interview Dr Stephanie Simmons, Chief Quantum Officer of Photonic Inc., explains the need to scale quantum computers and their approach to tackling this challenge to pave the way for reliable, large-scale quantum computing. Learn more and watch the interview here. Insider Brief Scaling quantum computers is critical to unlocking exponential speed-ups that will […]
Photonic Demonstrates Distributed Entanglement Between Modules — Significant Step Toward Scalable Quantum Computing And Networking
Insider Brief Photonic demonstrated entanglement between modules, which the team says is a significant milestone on the path to commercially relevant quantum systems. Photonic’s architecture provides a solution to scalable entanglement distribution, a primary challenge to scalable quantum computing. Critical Quote: “The crucial role that entanglement distribution will play in unlocking the commercial promise of […]
JPMorgan Chase, Argonne And Quantinuum Show Theoretical Quantum Speedup With The Quantum Approximate Optimization Algorithm
Insider Brief Researchers report they have demonstrated clear evidence of a quantum algorithmic speedup for the quantum approximate optimization algorithm. According to the paper, the algorithm has been studied extensively and has been implemented on many quantum computers. The researchers say the advance has potential application in fields such as logistics, telecommunications, financial modeling and […]
Riverlane And Alice & Bob Join Forces To Accelerate Work on Quantum Error Correction
Insider Brief Riverlane will add its quantum error correction (QEC) stack within Alice & Bob‘s larger quantum computing system that’s based on cat qubit technology. The two companies just announced their collaboration on stage at the France Quantum conference in Paris. Critical Quote: “We’re excited to begin exploring how best to combine Alice & Bob’s […]
Pasqal and Tech Mahindra Join Forces to Advance Quantum Computing Applications
Insider Brief Pasqal announced a strategic collaboration with Tech Mahindra. The partnership is aimed at accelerating the development and adoption of quantum solutions across diverse industries globally. The teams will develop quantum computing solutions tailored for various sectors. Image: Tech Mahindra PRESS RELEASE — Pasqal, a global leader in neutral-atoms quantum computers, today announced a […]
Singapore Invests S$300 Million in National Quantum Strategy
Insider Brief Singapore has announced its National Quantum Strategy (NQS), backed by nearly S$300 million, about $219 million US. The strategy comprises four major initiatives: the Centre for Quantum Technologies (CQT), the Quantum Engineering Programme 3.0 (QEP 3.0), the National Quantum Processor Initiative (NQPI), and the National Quantum Scholarships Scheme (NQSS). This plan aims to […]