Is Quantum Tech — The World’s Smallest Technology — Too Big To Fail?
Although it is not a total surprise, waves of bad business news swept over the quantum technology industry recently, proving that this rapidly developing field is not immune to the economic battering that has sunk major tech stocks and continues to suppress the startup field in general. But could quantum technology be different than other […]
Classiq, Microsoft Azure Quantum to Bring Quantum Software to Researchers And Academic Institutions
Insider Brief Classiq and Microsoft develop program to help university professors, students and researchers conduct courses and carrying out quantum computing research. The companies list two goals for the program: accelerating quantum software education and advancing quantum computing. Critical Quote: ”In order to make quantum computing a success, we need a strong interplay between hardware […]
QCI Launches Dedicated Government and Defense Subsidiary
Insider Brief Quantum Computing Inc. spins out subsidiary to serve the U.S. Government and the Department of Defense (DOD). The subsidiary, QI Solutions Inc. (QIS) employs security-cleared staff to deliver solutions ranging from entropy quantum computing to quantum communications and sensing. The spinout will also offer expertise in logistics, manufacturing, R&D and training. PRESS RELEASE […]
Guest Post: Harvest Now, Decrypt Later? The Truth Behind This Common Quantum Theory
Harvest Now, Decrypt Later? The Truth Behind This Common Quantum Theory Is the Sky Really Falling? To many, the term “quantum computing” equates to a world of new possibilities. What started as a theoretical curiosity is now touted as the future of IT. With quantum, there will be lightning fast processing of information and computers […]
Globe and Mail Reports D-Wave May Be Facing Cash Crunch
In the latest setback for quantum technology companies that recently listed on major stock exchanges, the Globe and Mail is reporting that D-Wave, a quantum computing pioneer based in Canada, may be facing a cash crunch just six months after going public. The company, which has raised over $350 million from investors and received millions […]
Researchers Devise a New Path Toward ‘Quantum Light’
Insider Brief A team of researchers describe a new state of light, which has controllable quantum properties over a broad range of frequencies. The team, which includes scientists from the University of Cambridge, along with colleagues from the US, Israel and Austria, report their findings in Nature Physics. Critical Quote: “Quantum fluctuations make quantum light […]
Diraq’s Founder Discusses his Startup’s Technology, the Roadmap & the Shape of QC in Australia
Diraq Diraq is one of the most exciting quantum computing (QC) startups in Australia, if not the world. Coming out of stealth last year as a UNSW Sydney spinoff, the quantum computing company has been developing research into building quantum processors using electron spins in CMOS quantum dots over the last two decades. Led by […]
Quantum Exponential Invests in Oxford Quantum Circuits
Insider Brief Quantum Exponential Group, a leading quantum tech investor, will invest £299,997 in Oxford Quantum Circuits. Oxford Quantum Circuits is one of Europe’s leading quantum startups, which successfully raised £38 million last year as part of a Series A round. Critical Quote: “We are committed to providing our shareholders with access to quantum technology […]
Rigetti Computing Faces De-Listing From Nasdaq
Rigetti Computing, a pioneer in quantum computing, is facing de-listing, according to a letter to investors from Nasdaq. Nasdaq reports that Rigetti, one of the first quantum tech companies to test the public market, is in violation of the stock exchange’s bid price rule. The rule states that the closing bid price of a company […]
Waseda University Ventures Invests in Japanese Quantum Computer Hardware Startup
Waseda University Ventures — WUV — has made a founding investment of 200 million yen in Waseda University’s Nanofiber Quantum Technologies Co., Ltd., according to a news release translated from the Japanese original. The release claims that this is Japan’s first gate-type quantum computer hardware development startup and the first project funded by the WUV […]