D-Wave Demonstrates First-Ever Coherent Quantum Spin Glass Dynamics With Quantum Computer
Insider Brief D-Wave and Boston University scientists show evidence of coherent quantum dynamics being faster than classical dynamics in a programmable 3D spin glass. The problem was once thought to be an intractable optimization problem. The study shows that D-Wave quantum processor can compute coherent quantum dynamics in large-scale optimization problem, according to the company. […]
Ericsson, Government of Canada Includes Quantum in $470 Million (CAD) R&D Investment
Insider Brief Ericsson and the Canadian government’s CAD 470 million, five-year research and development partnership will include support for quantum computing. The investment, at Ericsson’s Ottawa, Ontario and Montreal, Quebec facilities, is expected to create and upskill hundreds of jobs. Image: Canadian Prime Minister Justin Trudeau and Ericsson President and CEO, Börje Ekholm, share a […]
Government of Canada Announces Grant Recipients in Support of Canada’s National Quantum Strategy
Insider Brief Canadian government announced an investment of close to $51 million awarded to 75 recipients as part of the country’s National Quantum Strategy. The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, announced the awards, made possible through the Natural Sciences and Engineering Research Council of Canada‘s (NSERC) Alliance grants and Collaborative Research and Training Experience […]
Quantum Source Raises $12 Million as Part of Seed Extension
Insider Brief Quantum Source announced it has raised a $12 million seed extension investment round led by Dell Technologies Capital with participation from 10D. The raise also included existing investors Eclipse VC, Grove Ventures, and Pitango. Funds will be used to expand the research and development team as the company scales to reach significant technical […]
SandboxAQ Unveils End-To-End Security Suite, Delivering Advanced Cryptographic Management to the Global 1000 and Governments
Insider Brief SandboxAQ released SandboxAQ Security Suite, an end-to-end solution for cryptographic vulnerability scanning and remediation. Customers can use the software to maintain compliance, enforce policies, safeguard sensitive data, and strengthen their overall security posture. Critical Quote: “Many large enterprises have legacy systems that are riddled with old protocols such as MD5 and SHA-1 that […]
QC Ware Launches Platform For Pharmaceutical, Chemical and Materials Discovery
Insider Brief QCWare launches software-as-a-service (SaaS) quantum chemistry platform designed to dramatically accelerate pharmaceutical, chemical, and materials discovery. The company has named the platform, Promethium. The technology has been designed to make use of the power of flagship NVIDIA GPUs such as the H100 or A100 Tensor Core. PRESS RELEASE — QC Ware, a leading […]
Reports: US Secretary of Defense Wants $75 Million in 2024 to Accelerate Quantum
Insider Brief Defense Scoop is reporting that the Secretary of Defense is requesting $75 million to accelerate quantum. The initiative aims to speed up the commercialization and operationalization of quantum devices for Pentagon purposes. Pentagon officials believe that quantum technology is approaching a tipping point. The Office of the Secretary of Defense is seeking a […]
Japan Invests $32 Million (US) For Shared Quantum Computing
0808The Japanese government plans to invest 4.2 billion yen — or $31.7 million US — to support the expansion of shared quantum computing through a cloud platform, according to NIKKEI Asia. The University of Tokyo will lead the initiative with the backing of the Ministry of Economy, Trade and Industry. The funding will cover the […]
EY and IBM Expand Strategic Alliance into Quantum Computing
Insider Brief EY Global Services Limited announced it will join the IBM Quantum Network to enable EY teams to explore solutions with IBM. As part of the collaboration, EY will gain access to IBM’s quantum computers over the cloud and become. Critical Quote: “Quantum, in terms of importance to business, society and the EY organization, […]
10 Reasons Everyone Should Be Celebrating World Quantum Day
World Quantum Day is the brainchild of a group of quantum scientists from across the globe who developed the event to raise awareness about the importance of quantum science and technology. It’s not the most celebrated day on the calendar. While Taco Tuesday registers about 2.9 million hashtags on Facebook and nearly 1.7 million users […]