Diraq: Pioneering Silicon-Based Technology For a Quantum Future
In the quickly evolving world of technology, quantum computing emerges as an exciting prospect, promising to revolutionize industries from pharmaceuticals to finance. At the forefront of this innovation is Diraq, a University of New South Wales (UNSW) spinout, under the guidance of CEO and Founder Andrew Dzurak. With a fresh infusion of $15 million in […]
Vescent Announces $5 Million in Series Seed Funding Led by Corporate Fuel
Insider Brief Vescent closed a $5 million Series Seed funding round. The funding round was led by Corporate Fuel, with additional participation from Caruso Ventures. The funds are expected to accelerate new product introduction, scales manufacturing to meet customer demand, and expands its market reach. PRESS RELEASE — Vescent, the leader in Quantum 2.0 Technologies […]
QuantrolOx And Zurich Instruments Unite For Quantum Advantage
Insider Brief QuantrolOx and Zurich Instruments announced a partnership. Zurich Instruments’ Quantum Computing Control System (QCCS) is now integrated into the QuantrolOx’s Quantum EDGE. The integration empowers users to obtain outstanding results, reduces complexity and enhances performance of quantum computing experiments. PRESS RELEASE — QuantrolOx (Espoo, Finland) and Zurich Instruments (Zurich, Switzerland) are pleased to […]
Researchers Say New Algorithm Outperforms Existing AI Compressors in Accuracy and Reduction of Computational Demands of GPT-2
Insider Brief Terra Quantum introduced TQCompressor, an algorithm that shrinks large language models (LLMs) while maintaining comparable performance. The study demonstrates the compression of GPT-2 small, achieving a 35% reduction in the number of parameters. The significant time, computation and energy resources continue to rise for these large NLP models, particularly for training. Terra Quantum, […]
D-Wave-led Research Team Reports on Quantum Advantage in Quantum Simulation Task
Insider Brief A team of D-Wave-led researchers report on strides toward quantum advantage. In a study, the scientists said superconducting quantum annealing processors can efficiently simulate the nonequilibrium dynamics of a magnetic spin system undergoing a quantum phase transition. The researchers suggest that a classical computer would taken millions of years to complete complex versions […]
Kvantify Launches Its First Product to Improve Drug Discovery
Insider Brief Danish quantum company Kvantify announced the launch of its first product, Kvantify Koffee. The product aims to complement and reduce costly and time-consuming laboratory experiment. Kvantify Koffee calculates Unbinding Kinetics, a critical parameter in screening and selecting new drug candidates. PRESS RELEASE — In a groundbreaking advancement for computational drug discovery, Danish quantum […]
Study: Quantum Computing Will Radically Alter Copyright Law Application
Insider Brief A new study suggests that quantum computing could challenge long-held notions of copyright. Faster computing will bring exponentially greater possibilities in the tracking and tracing of the legal owners of art, music, culture and books. However, according to the researcher, faster computers will also be able to potentially break and get around certain […]
France 2030: Progress Update Three Years After the Launch of the National Quantum Technologies Strategy and the Launch of the PROQCIMA Program
Insider Brief Members of the French quantum ecosystem reviewed the results of the national quantum strategy, three years after its launch by President Emmanuel Macron. They also announced the launch of PROQCIMA, which aims to have two prototypes of universal quantum computers of French design by 2030. The plan is structured around strategic objectives that […]
Nokia Leads the Charge in Quantum-Safe Networking, Says VP James Watt at #MWC24
In an enlightening conversation at #MWC24, James Watt, Vice President of Optical Networks at Nokia, discussed the burgeoning field of quantum computing and its implications for network security. As quantum computing continues to evolve, its potential to transform the communications industry is undeniable, promising unprecedented computational power but also posing significant security challenges. “Quantum computing […]
The Open Quantum Institute Launches Its Pilot Phase at CERN
Insider Brief The Open Quantum Institute (OQI) at CERN is now operational. Proposed, designed, and incubated through GESDA, in collaboration with some 180 experts from all over the world, the OQI is a multilateral science diplomacy initiative. The institute’s goal is to “help unleash the full power of quantum computing for the benefit of all.” […]