TQI Quarterly Report Documents Record-Breaking Q1 2022
The Quantum Quarterly Q1 2022 by The Quantum Insider Big news on mergers and partnerships. Impressive research advances. Huge investments. Large acquisitions. Massive spinouts. And that was just March. The quantum industry progressed at a breakneck pace in the first quarter of 2022, as the TQI quarterly report documents. In the first quarter of 2022, […]
Women in Quantum Series: Katherine Londergan, CMO at Zapata Computing
While developing cutting-edge quantum technology is difficult, marketing this technology can be just as challenging. For Katherine Londergan, Chief Marketing Officer at Zapata Computing, she’s developed various methods to make this process less of an issue. “It’s really about the right use case, that’s where the rubber hits the road with our customers,” Londergan stated. […]
Two For 22: Quantum Companies Founded in The Year of The Tiger
Old School According to the data on The Quantum Insider’s proprietary data platform, D-Wave and MagiQ are the oldest pure quantum technology companies (as in founded specifically for that purpose) in existence, both founded in 1999. However, if you really want to knit pick, you can find companies working with quantum/quantum computing technology these days […]
HSBC, IBM to Explore Using Quantum Computers for Financial Services
PRESS RELEASE — HSBC and IBM announced that they will work together on exploring applications for quantum computing in financial services. The new three-year collaboration is designed to bolster HSBC’s expertise in quantum computing and ensure its organizational readiness to take full advantage of the technology. As part of the agreement, the bank will join […]
Terra Quantum AG Extends Series A Funding to $75 Million
PRESS RELEASE — Terra Quantum AG, a globally leading quantum technology company, announced today that it has extended its Series A funding round to $75 million, as well as its research offering a ground-breaking solution to the longstanding challenge of efficient power devices for nanoelectronics. Terra Quantum is the first company to reveal the underlying […]
Fujitsu Says Its 36-Qubit Quantum Simulator is World’s Fastest
PRESS RELEASE — Fujitsu has successfully developed the world’s fastest quantum computer simulator capable of handling 36 qubit quantum circuits on a cluster system featuring Fujitsu’s FUJITSU Supercomputer PRIMEHPC FX 700, which is equipped with the same A64FX CPU that powers the world’s fastest supercomputer, Fugaku. The newly developed quantum simulator can execute the quantum […]
Intel and QuTech Deliver First Industrially Manufactured Qubit.
UNIVERSITY PRESS RELEASE — Engineers from Intel and scientists from QuTech have delivered the first qubit made in the very same industrial manufacturing facilities that mass-produce conventional computer chips. This advancement has been a long-standing goal due to its promise of scalability. The breakthrough is a crucial step towards scaling to the thousands of qubits […]
Quantum Machines Acquires QDevil to Provide Full-Stack Orchestration Platform
PRESS RELEASE — Quantum Machines (QM), creator of the first universal quantum computing cloud infrastructure, today announced its acquisition of Danish quantum computing leader QDevil. The addition of QDevil’s industry-leading products and unique expertise compliments QM’s goals from both a hardware and software perspective and reinforces QM’s position as the leading global provider of Quantum […]
University of Geneva Researchers Set a Record for Qubit Storage
UNIVERSITY RESEARCH NEWS — Computers, smartphones, GPS: quantum physics has enabled many technological advances. It is now opening up new fields of research in cryptography (the art of coding messages) with the aim of developing ultra-secure telecommunications networks. There is one obstacle, however: after a few hundred kilometers within an optical fiber, the photons that […]
Quantinuum Announces Updates to Quantum Natural Language Processing Toolkit lambeq, Enhancing Accessibility
The quantum natural language processing team at Quantinuum has released a major update to its open-source Python library and toolkit, lambeq — pronounced “lambek”. lambeq converts any natural language sentence into a quantum circuit, ready to be realised on a quantum computer. The new release has been designed for a growing community of researchers, developers […]