D-Wave Says ‘Momentum is Undeniable’ As It Releases Q4, Full-Year Financial Results
Insider Brief D-Wave showed continued revenue growth and improving profitability metrics in Q4, building on trends from earlier quarters. Revenue for Q4 2023 was $2.9 million, up 21% from $2.4 million in the same quarter last year. D-Wave raised $98.1 million in equity and debt financing in 2023; however, the company will have to keep […]
BTQ Research Sees a Quantum Energy Advantage For Blockchain
Insider Brief BTQ Technologies Corp. has published research highlighting the “Quantum Energy Advantage” in blockchain. The work focuses on quantum computing’s ability to significantly reduce energy consumption, beyond its well-known speed capabilities. A quantum proof-of-work (QPoW) algorithm that leverages quantum computing for blockchain technology, offering a practical solution to significantly lower the energy demands of […]
French National Quantum Update — March 2024
Executive Summary This was a spotlight month for France’s quantum ecosystem. Q2B 2024 was held in Paris and French companies received a share of the limelight during the conference. Participants were both enthused by the rapid progress that quantum science was making, in general, as well as impressed by the critical role French entrepreneurs, policy […]
New Single-Molecule Transistor That Uses Quantum Interference Could Lead to Smaller, Faster, More Energy-Efficient Transistors
Insider Brief Researchers developed a new single-molecule transistor that uses quantum interference to control the flow of electrons. The transistor opens new possibilities for using quantum effects in electronic devices. The team hopes that the technology could lead to devices that could be used in a variety of applications, including computers, smartphones and medical devices. […]
Quantum Computing: Unleashing Unprecedented Potential Amid Ethical Quandaries
Quantum computing stands at the cusp of a technological revolution, offering a paradigm shift in computational power and efficiency that could reshape industries, enhance scientific discovery and challenge our conceptual understanding of computing. In a recent IWForum panel discussion, Dr. Inés de Vega, Head of Quantum Innovation, IQM Germany and Dr. Mina Teicher, Professor of […]
HOT QUBITS, COOL LOGIC – Diraq Makes Quantum Leap with Breakthrough Discovery, Operating Quantum Computing Processors at 20X Warmer Temperatures
Insider Brief Diraq reached a key milestone by unlocking the potential of quantum computers to operate at warmer temperatures. Engineers showed the company’s spin-based quantum processors to operate at temperatures 20 times warmer than previously demonstrated. The processors continued to maintain stability and high accuracy. PRESS RELEASE — Engineers from Diraq, a world leader in […]
IBM Reports 10 Times More Efficient Error-Correcting Method Brings Practical Quantum Computers Closer to Reality
Insider Brief IBM scientists report in Nature that a new quantum error-correction code is 10 times more efficient than previous methods. They add that this method — called the Gröss code — brings quantum computing for practical purposes. one step closer. Critical Quote: “Using the Gröss code, you can protect 12 logical qubits for roughly […]
Researchers Develop Quantum-inspired Algorithm That Improves Cyber Attack Detection And Opens AI’s ‘Black Box’
Insider Brief Researchers have built a new quantum AI model that significantly improves attack detection over traditional methods. Multiverse Computing and CounterCraft researchers say the Matrix Product State (MPS) model identified 100% of attacks. The MPS methodology employs adversary-generated threat intelligence instead of traditional rule-based systems to identify cyberattacks. PRESS RELEASE — Researchers from Multiverse […]
Economist Impact Presents: 3rd Annual Commercialising Quantum Global Summit
Insider Brief Enterprise, academia and quantum pioneers meet in London, June 5th-6th 2024, to chart a path to commercialisation for this transformative field of technology. Commercialising Quantum Global offers timely discussions on how quantum technologies can be applied outside of the lab. At last year’s Summit, more than 1,500 global leaders, policy makers and business […]
Waseda University Researchers Say New Quantum Algorithm Quickly Manages Challenging Combinatorial Optimization Problems
Insider Brief Researchers from Waseda University in Japan have developed a novel algorithm called post-processing variationally scheduled quantum algorithm to help solve combinatorial optimization problems. These problems have applications in fields such as logistics, supply chain management, machine learning, material design and drug discovery. The algorithm uses a post-processing technique combined with variational scheduling to […]