Sparrow Quantum Strengthens Leadership Team With Niels Nielsen From 2xN
Insider Brief Sparrow Quantum announced Niels Nielsen joined the company’s board of directors. Sparrow Quantum is a Danish quantum technology company specializing in quantum photonic devices. Nielsen is a season investor from 2xN. Nielsen is a board member in several quantum technology companies, including Quantinuum. PRESS RELEASE — Sparrow Quantum, a Danish quantum technology company […]
NVIDIA, Xanadu Work Together to Enable Perlmutter Supercomputer’s Quantum Explorations
Insider Brief Brookhaven National Laboratory researchers are conducting quantum computing simulations on the Perlmutter supercomputer. The experiments are powered by PennyLane, an open-source quantum programming framework developed by Xanadu, in collaboration with the NVIDIA cuQuantum software development kit. The computer programs will leverage up to 256 NVIDIA A100 Tensor Core GPUs on Perlmutter to simulate […]
Voima Ventures’ Launches €1 Million Science-backed Startup Challenge
Insider Brief Voima Ventures is a Helsinki and Stockholm-based early-stage investor investing in science-based startups. The team is launching a science challenge for pre-seed and seed stage science-based startups in the Nordic and Baltic regions. The winning team secures a €1M investment from Voima Ventures. PRESS RELEASE — Helsinki and Stockholm-based early-stage investor Voima Ventures […]
Strangeworks, Quantagonia Deliver Scalable Optimization Solutions to Enterprise Customers
Insider Brief Strangeworks and Quantagonia will partner on providing complex optimization solutions for clients. Strangeworks provides cloud access to the largest catalog of quantum computing and quantum-inspired solvers. Quantagonia’s HybridSolver is an enterprise-grade mathematical solver designed for solving complex problems. PRESS RELEASE — Strangeworks and Quantagonia announced a partnership bringing complex optimization solutions to end-users. […]
D-Wave CEO Foresees Quantum Computing Revolutionizing Business Operations
D-Wave Quantum Systems Inc. is a Canadian firm specializing in quantum computing. Headquartered in Burnaby, British Columbia, it earned the distinction of being the pioneering company in the sale of computers that harness quantum phenomena for their operation. Among D-Wave’s initial clients were Lockheed Martin, the University of Southern California, Google/NASA, and Los Alamos National […]
Riverlane Announces World’s First Dedicated Quantum Decoder Chip
Insider Brief Riverlane announced it developed a dedicated decoder chip and published its decoder IP. The decoder chip is a critical element of this stack and the first of its kind to be fabricated. The company also published its roadmap to early error-corrected quantum computing. PRESS RELEASE — Quantum engineering company Riverlane has developed the […]
Quantum Computing in Scandinavia
Introduction The quantum technology industry has witnessed tremendous growth and innovation in recent years, with countries around the world investing heavily in this groundbreaking technology. Among the global players in this arena, Scandinavia — comprising Norway, Sweden, Denmark, Finland, and Iceland — has emerged as a prominent hub for quantum research and development. Fuelled by a strong commitment from […]
Quantinuum’s Quantum Monte Carlo Integration Engine Shows Early Stage Quantum Advantage
Insider Brief Quantinuum published full details of their complete Quantum Monte Carlo Integration (QMCI) engine. The results suggest an early-stage quantum advantage in areas, such as derivative pricing, portfolio risk calculations and regulatory reporting. Monte Carlo, which problems are computationally expensive for classical machines, are often cited as a top quantum use case. PRESS RELEASE […]
Cryogenics: A Short History & The Implications it Has on The QC Industry
Introduction In the rapidly evolving landscape of quantum technology, cryogenics is an indispensable and fascinating domain that pushes the boundaries of low-temperature physics. Harnessing the power of extreme cold, this groundbreaking field plays a pivotal role in unlocking the true potential of quantum phenomena. This field of research has its origins in the early 20th […]
QANplatform Launches the Quantum-Resistant Private Blockchain
Insider Brief QANplatform launched a private blockchain designed to withstand quantum computing threats while maintaining compatibility with Ethereum’s EVM. The company integrated a post-quantum algorithm, CRYSTALS-Dilithium, recommended by the National Institute of Standards and Technology (NIST). The QVM (QAN Virtual Machine) allows developers to create smart contracts using various programming languages. PRESS RELEASE SUMMARY — […]