HSBC and Quantinuum Explore Real World Use Cases of Quantum Computing in Financial Services
Insider Brief Quantinuum and HSBC announced they will be initiating a series of exploratory projects to investigate the near and long-term benefits of quantum computing for banking. The initiative will move beyond proof-of-concept to focus on multi-year, multi-stage projects. Critical Quote: “Our collaboration with HSBC brings together a deep expertise in the application of quantum […]
Delft Researchers Say They Found A Prime Candidate For ‘The Perfect Qubit’
Insider Brief A team of researchers from QuTech said improvements to the Andreev spin qubit is a step toward universal quantum computers. The new qubit is more reliable and stable. An Andreev spin qubit exploits the spin states of Cooper pairs to encode and process quantum information. PRESS RELEASE — Researchers from QuTech improved the […]
Liam Blackwell, Deputy Director for Quantum Technologies at the UK Engineering and Physical Sciences Research Council, on Shaping The Next Stage of a Pioneering National Programme
By Dr. Liam Blackwell. Dr. Blackwell is Deputy Director for Quantum Technologies, responsible for contributions to the UK National Quantum Technologies Programme from the Engineering and Physical Sciences Research Council (EPSRC). The UK National Quantum Technologies Programme (NQTP) is soon to embark on its second decade, building on an inspiring first 10 years. Taking advantage […]
Advance in Quantum Tech Could Transform Complex Systems Modeling
Insider Brief Scientists have made a significant advancement with quantum technologies that could transform complex systems modeling Complex systems play a vital role in our daily lives, whether that be predicting traffic patterns, weather forecasts, or understanding financial markets. Scientists propose that quantum technologies could provide a way to mitigate the trade-off between memory cost […]
Prepare for the next wave of digital change at The Quantum Computing Summit
Gain a competitive edge through access to content and strategies that will accelerate business success this summer. The disruptive potential of quantum computing is becoming a reality at an unprecedented rate, but few events are acknowledging the reality of how it’s playing out for commercial businesses. London Tech Week’s quantum computing event – The Quantum […]
UK Government Launches £15 Million Funding to Propel Quantum Technology Innovation
Insider Brief The Department for Science, Innovation and Technology (DSIT) and Innovate UK (IUK) launched a Small Business Research Initiative (SBRI) competition. The program offers a total of £15 million inclusive of VAT to organizations interested in developing proposals that harness the power of quantum technologies. Innovators are asked to explore the application of quantum […]
China Unveils New Quantum Computing Cloud Platform
Insider Brief China unveiled a quantum computing cloud platform that will offer access to quantum computing at unparalleled speed. The platform was unveiled during the ongoing 2023 Zhongguancun Forum in Beijing. With over 2,000 domestic and foreign users, it has facilitated more than 500,000 quantum computing tasks, according to media reports. China has launched a […]
University of Pittsburgh Offers $11.6 Million Loan to Develop Quantum Innovation Hub
Insider Brief Pitt’s Strategic Advancement Fund has approved an $11.6 million loan to support the establishment of the Western Pennsylvania Quantum Information Core (WPQIC). More than 10 years ago, Pitt established the Pittsburgh Quantum Institute, a collaboration among Pitt, Carnegie Mellon University and Duquesne University faculty. Critical Quote: “The core will allow the entire region to […]
University of Michigan Launches $55 Million Quantum Institute to Accelerate Research, Education
Insider Brief The University of Michigan is investing $55 million in the Quantum Research Institute. The Quantum Research Institute will recruit up to eight new faculty members and connect the university’s current quantum community. Led by Steven Cundiff and Mack Kira, the institute is designed to strengthen research collaborations among U-M faculty, government and industry […]
Bluefors Acquires Rockgate, Establishing Direct Presence in Japanese Cryogenic Tech Market
Insider Brief Bluefors announced it acquired Rockgate, a distributor of cryogenic equipment, based in Tokyo Japan. The acquisition established direct sales and service presence in the Japanese cryogenics technology market for Bluefors and expand its global footprint. Tsuyoshi Ohta. director and founder of Rockgate, will take the lead of the Bluefors business in Japan. PRESS […]