CEO of IonQ Peter Chapman Interviewed on New Partnership with QuantumBasel
Late last month, IonQ announced a partnership with Switzerland-based QuantumBasel to jointly establish a European quantum data centre, with QuantumBasel offering the ecosystem of uptownBasel, including enterprises, research institutes, startups, and universities, direct access to the IonQ systems. During the signing of the partnership, IonQ’s CEO Peter Chapman was interviewed by QuantumBasel on the scope […]
HSBC Becomes First Bank to Join the UK’s Quantum Secure Metro Network
Insider Brief HSBC is the first bank to join BT and Toshiba’s pioneering commercial quantum secure metro network. Using Quantum Key Distribution, HSBC is connecting their global HQ in Canary Wharf and a datacentre in Berkshire. The network is helping the business explore how this technology can defend against future cyber threats and quantum attacks. […]
Terra Quantum And Cirdan Capital Use Quantum Software For Enhanced Exotic Option Pricing
Insider Brief Terra Quantum and Cirdan Capital report they developed a faster algorithmic method to price exotic options. Exotic options, such as multi-asset autocallable options, are complex financial instruments that provide investors with alternative strategies for managing risk and maximizing returns. Simulations are often used to determine prices of exotic options, but they are computationally […]
QBN Quantum Industry Summit: Unlocking new business opportunities for all industries.
Stuttgart, Germany – The highly anticipated QBN Quantum Industry Summit is set to take place on October 10-11, 2023, alongside the Quantum Effects exhibition at Messe Stuttgart. This premier international business & tech conference will bring together over 500 world-class leaders, experts, and stakeholders to address the pressing demands and challenges facing the quantum industry, […]
Vodafone Works With SandboxAQ to Test Quantum-safe Business Network
Insider Brief Vodafone and SandboxAQ conducted a proof-of-concept test for a quantum-safe Virtual Private Network (VPN). The test involved the use of standard smartphones that were specifically modified by Vodafone and SandboxAQ using NIST’s cryptography algorithms. Vodafone is uniquely positioned to leverage its global collaboration, technology sharing and deep expertise in combating emerging threats, such […]
D-Wave Regains Compliance with NYSE Trading Share Price Listing Rule
Insider Brief D-Wave has regained compliance with the New York Stock Exchange (NYSE). In March, 2023, D-Wave Systems Inc. received notice from the New York Stock Exchange (NYSE) that it is not in compliance with the the exchange’s regulations on closing prices. The Canadian-based company, a pioneer in quantum computing, can see alternatives to comply, […]
Simple Data Gets the Most Out of Quantum Machine Learning
Insider Brief: New theoretical research between the Los Alamos National Laboratory, Freie Universität Berlin and other researchers from the United States, United Kingdom, and Switzerland, proves that machine learning on quantum computers requires far simpler data than previously believed. The finding paves a path to maximizing the usability of today’s noisy, intermediate-scale quantum computers for […]
Qredit Qards? University of Vienna Researchers Use Quantum Physics to Secure Digital Payments
Insider Brief A University of Vienna research team has shown how the quantum properties of light particles or photons can ensure unconditional security for digital payment. The researchers demonstrated that each transaction cannot be duplicated or diverted by malicious parties, and that the user’s sensitive data stays private. The findings were published in Nature Communications. Image: […]
Delta g Ltd Becomes Quantum Exponential’s Seventh Quantum Portfolio Company
Insider Brief Quantum Exponential Group announced that it has invested £300,000 as part of a circa. £1,500,000 pre seed funding round in Delta g. Delta g is a UK based gravity sensing hardware and technology development company. Delta g’s equipment could be used for for scanning beneath the earth’s surface for utility mapping, smart cities, […]
Quside Extends Series A to Raise More Than €10 Million in Funding
Insider Brief Quside added new investors to the last year’s funding round, extending its series A funding, according to a blog post. The company’s Series A now exceeds €10 million in funding. Critical Quote: “Quside has a world-class team, excellent stakeholders and with a unique product offering, have the potential to redefine the industry standards. […]