Quantum Computing Inc Announces Full Year 2022 Financial Results
Insider Brief Quantum Computing Inc completes integration of QPhoton merger, more than doubling the size of the company and establishing its quantum hardware production capability. Quantum Computing Inc. begins prototype fabrication of its own quantum photonic microchips and plans to expand into full scale manufacturing to support its quantum technologies in the marketplace. Quantum Computing […]
Indian Government Announces Quantum Networks, Challenges Ethical Hackers to Break Encryption
The Indian government announced earlier this week that the country’s first quantum communication network was up and running, according to media reports from India. Ashwini Vaishnaw, the Union Minister for Communications, Electronics, and Information Technology, announced at the International Quantum Communications Conclave’s inauguration that India’s first quantum computing-based telecom network link was operational. “The first […]
NVIDIA Announces New System for Accelerated Quantum-Classical Computing
Insider Brief NVIDIA and Quantum Machines announced new architecture for researchers working in high-performance and low-latency quantum-classical computing. Researchers can use the system to build extraordinarily powerful applications that combine quantum computing with state-of-the-art classical computing. Critical Quote: “Quantum-accelerated supercomputing has the potential to reshape science and industry with capabilities that can serve humanity in […]
Rigetti Sees Revenue Boost in Q4, May Need More Funds for R&D in Two Years
Insider Brief Rigetti‘s numbers for 2022 Q4 include quarter revenues $6.1 million, compared to $1.8 million in 2021 Q4. Net loss for Q4 2022 hit $22.9 million, or $0.19 per share, compared to $14.1 million or $0.61 per share in 2021. Rigetti anticipates additional funds will be needed by late 2024 or early 2025 to […]
Canadian Defence Organizations Release Overview of Quantum 2030
Insider Brief Quantum 2030 is a roadmap to ensure Canada’s defence organizations are better prepared for the disruptive potential of quantum technologies for defence and security over the next seven years. Research and development into emerging technologies and countermeasures will ensure the nation is prepared to be an early adopter, work with allies and stay […]
KPMG and Microsoft Join Quantinuum in Simplifying Quantum Algorithm Development via the Cloud
Insider Brief Quantinuum recently worked with Microsoft Azure Quantum and KPMG on a project that involved Microsoft’s Q# language and Quantinuum’s System Model H1. KPMG’s quantum team wanted to translate an existing algorithm into Q# and take advantage of the unique capabilities of the H-series, particularly qubit reuse, mid-circuit measurement, and all-to-all connectivity. For the […]
Riverlane-led Research Shows How Quantum Computers May Simulate Materials to Reduce Humanity’s Impact on The Environment
Insider Brief Researchers say quantum algorithms could simulate the catalysts used in many industrial chemical processes, promising to reduce the environmental impact. An error-corrected quantum computer could simulate nickel oxide and palladium oxide, which are important materials in a process used to create a range of chemicals and fuels. Critical Quote: “Our algorithm enables the […]
Media Reports: D-Wave Faces Delisting
Insider Brief D-Wave received notice from the New York Stock Exchange (NYSE) that it is not in compliance with the NTSE’s regulations on closing prices. If D-Wave cannot comply with the closing price standard it faces delisting from the exchange. The Canadian-based company, a pioneer in quantum computing, can see alternatives to comply, such as […]
Ericsson Establishes Quantum Research Hub in Canada
Insider Brief: Ericsson Canada has announced its first two collaborations with the University of Ottawa and the Université de Sherbrooke. The research projects aim to explore quantum-based algorithms for acceleration of processing in telecom networks and distributed quantum computing. The program is the first of its kind in Canada. PRESS RELEASE — MONTREAL, QC/March 20, 2023— Ericsson […]
Partnership to Offer NERSC Access to QuEra’s Neutral-Atom Quantum Computers
Insider Brief QuEra Computing is partnering with the National Energy Research Scientific Computing Center (NERSC). The partnership will give NERSC access to QuEra’s neutral-atom technology. “We believe the vast pool of scientists who turn to NERSC for computing resources stand to benefit greatly from our technology. It is our hope that through this partnership, we […]