Why selling quantum computing is easier than selling a quantum computer
With hundreds of start-ups in the emerging field of quantum computing, alongside giants like IBM, Microsoft, Amazon and Google, the prospect of generating revenue from what is essentially a research and development endeavor is daunting. Publicly-traded quantum start-ups such as IonQ and D-Wave Systems, which do not have non-quantum lines of business to subsidize their […]
D-Wave Says Revenue Up, Added More Commercial Customers in Q3
D-Wave said that revenue is up during the third quarter — compared to last quarter and last year — and that the company welcomed more commercial customers, according to a release on the firm’s third quarter financial report. The company trades on NYSE and is tracked by The Quantum Insider’s Intelligence Platform. Third quarter revenue […]
Riverlane Demonstrates Decoding Chip to Tackle Error-Correction Challenge
Insider Brief A ‘scalable’ quantum error decoder is a critical component in the first generation of ‘error corrected quantum computers. Error correction is considered quantum computing’s defining challenge. Riverlane scientists say the device will help move quantum from an experimental technology to machines with the scale and reliability. PRESS RELEASE — Riverlane, a quantum engineering […]
Germany to Create Its First Quantum Computing Business Cloud
Insider Brief QMWare and IONOS, together with the University of Stuttgart and the Fraunhofer FOKUS research institute, are constructing a platform for quantum computing applications for German industry. Germany’s Ministry of Economic Affairs and Climate Action (BMWK) contracted the organizations to build the platform. The ministry is expect to spend in the range of millions […]
Agnostiq Announces Covalent Support For AWS To Facilitate HPC in The Cloud
Insider Brief: Agnostiq has announced a new release of its open-source workflow orchestration platform, Covalent, which now supports Amazon Web Services, Inc. (AWS) resources such as AWS Lambda, Amazon Elastic Container Service (Amazon ECS), Amazon Elastic Compute Cloud (Amazon EC2), AWS Batch, and more. Covalent is a Pythonic tool for running high-performance computing workflows in […]
M Squared Demonstrates Neutral Atom Quantum Computer
Calling it the UK’s first commercial neutral atom quantum computer, M Squared demonstrated its neutral atom-based quantum computer prototype at at the National Quantum Technologies Showcase, the Insider.co.uk reports. The system, called “Maxwell,” relies on M Squared’s advanced laser systems and quantum system integration, with University of Strathclyde‘s Rydberg atom and quantum algorithm expertise, according […]
Jay Gambetta of IBM Chats About Quantum-centric Supercomputing & IBM’s Quantum System Two
IBM Osprey Just a few days ago in a press release, Jay Gambetta, IBM Fellow and VP of IBM Quantum, announced — along with Darío Gil, Senior Vice President, IBM and Director of Research — new advances in quantum hardware and software at the IBM Quantum Summit 2022. Now, if that was not enough, the topic of conversation also […]
UK’s Quantum Communications Hub Satellite R&D Mission Awarded to ISISPACE Group
Insider Brief: The Quantum Communications Hub has selected the Dutch company ISISPACE Group (ISISPACE) as the provider of satellite systems and services in support of the Hub’s In Orbit Demonstration (IOD) mission to demonstrate the distribution of quantum encryption keys from space. The programme includes the development of novel quantum signal transmitters as payloads for […]
NQCC Appoints Professor Elham Kashefi as Chief Scientist
Insider Brief Professor Elham Kashefi was appointed as The National Quantum Computing Centre’s (NQCC) Chief Scientist. Kashefi is Professor of Quantum Computing at the School of Informatics, University of Edinburgh, and Directeur de recherche au CNRS at LIP6 Sorbonne Universite. NQCC’s leadership team contributes towards shaping and influencing the future UK quantum computing landscape, and […]
IOP Launches Business Innovation Award in Partnership with Quantum Exponential to Drive UK Quantum Commercialization
Insider Brief: The Institute of Physics (IOP) has launched a business innovation award in partnership with Quantum Exponential to drive UK quantum commercialization. Winners of the qBIG Award will secure £10K in an unrestricted cash prize, alongside ten months of mentoring from the innovative Quantum Exponential investment team. Stuart Nicol, Chief Investment Officer at Quantum […]