Infineon Participates in 6 Research Projects, Expands Commitment to Quantum Computing
PRESS RELEASE — Infineon Technologies AG is strengthening its commitment to the development of quantum computing technologies in Germany and Europe. In addition to previously established initiatives and partnerships the chip manufacturer is participating in six additional research projects which are being funded as part of the German federal government’s economic stimulus package for the future […]
Quantum Algorithm Design Pioneer Classiq Announces $33 Million in Series B
PRESS RELEASE — Classiq, which provides a platform for quantum algorithm design, today announced that it has raised $33 million in a Series B round. Hewlett Packard Pathfinder, the venture capital program of Hewlett Packard Enterprise (HPE); Phoenix, a $60-billion insurance company; Spike Ventures, a Stanford alumni investor group; and Samsung NEXT, the investment arm of Samsung […]
Zapata, QURECA Announce Quantum Training for Enterprise Online Training Course
Zapata Computing, Inc., a leading enterprise software company for quantum solutions, announced its first online training course, Quantum Training for Enterprise, with the goal of helping enterprises become quantum ready. Developed in collaboration with quantum training and recruitment provider QURECA and hosted on its platform, the course will help Zapata customers and the next generation of quantum […]
Aqemia Announces Pilot Study With Janssen to Utilize Aqemia’s Physics-driven Drug Discovery Technology
Image by andreas160578 from Pixabay PRESS RELEASE — February 14, 2022, 08:00 AM Eastern Standard Time ANTWERP, Belgium and PARIS — (BUSINESS WIRE) — Aqemia, the next-gen pharmatech company leveraging artificial intelligence and quantum-inspired physics, announces it has entered into a pilot study agreement with Janssen. Through the agreement, Aqemia’s unique technology to predict the potency of small molecules for a […]
Quantum Computers Won’t Need Quantum Advantage to Compete Economically With Classical Systems
In a working paper, a team of researchers report that because of the economic value that arises from asymmetries in cost structure between classical and quantum systems, quantum computers may still offer economic value over classical systems even before achieving quantum advantage. The researchers write: “The results show that it is possible for quantum computers […]
Honeywell Expects Quantinuum to Hit $2 Billion in Sales By 2026
Honeywell brass expect Quantinuum to pull in $2 billion in sales within four years, according to a transcript from a recent call with investors. The new timeline represents a shift in just how fast the company is moving in quantum, the CEO added. “With the introduction of Quantum Origin, which is already serving Fortune 500 […]
NGQ Quantum Interconnect, Hoping To Be a Gamechanger in Quantum Technology
Credit Where it’s Due As readers will already know who have been reading our content over the last few years, The Quantum Insider likes to cover startups making a difference within our industry. We think it’s an important task to give credit to those clever individuals grafting intensely for a better technological future, which — for all sense […]
6 Reasons Mastercard is Keeping an Eye on Quantum… And You Should, Too
The financial industry will likely be home to the first real use cases of practical quantum computing. One of the giants of that industry — Mastercard — says it’s preparing and offered six reasons why you should, too. Experts across the industry recently shared their thoughts about quantum — both in terms of its opportunities […]
7 Top Mathematicians in The Quantum Computing Industry
Ignorance, Not Scorn Mathematicians — what’s your opinion of them? Many outside the field have very little idea what they do in a professional capacity and a lot of the time don’t want to know. This is not out of scorn, but rather ignorance. Maths — be truthful, readers — scares many people. It’s hard, especially when you go past the basics […]
H1 Gets A+: Quantinuum H1’s QC Bests Classical System in Quantum Mechanics Test
PRESS RELEASE — Some might view games as merely entertainment but for Emanuele Dalla Torre at Bar-Ilan University in Israel and his team, playing games is useful for measuring the effectiveness of today’s commercial quantum computers. In a recent study published in Advanced Quantum Technologies, Dalla Torre and two of his students, Meron Sheffer and Daniel […]