Investors See The Light as BlackRock Leads $450 Million Series D Investment into PsiQuantum
PsiQuantum has raised $450m in Series D funding in its latest round to build its commercial quantum computer. The move is the latest in growing interest in quantum computing and particularly in PsiQuantum, the Palo Alto, California-based company that uses a photonic approach to quantum computing. Blackrock led the latest financing round, with participation from […]
IBM Unveils Japan’s First Commercial Quantum Computer
With news of the first commercial quantum computer installation in Japan, IBM is earning a gold medal for establishing international collaborations for quantum computing. The The University of Tokyo will use the IBM Quantum System One, an integrated quantum computer system, to drive quantum research and development in Japan, namely in the areas of chemistry, […]
Quantum Computing In Healthcare: How It Can Save Lives?
Quantum computing in healthcare has the potential to revolutionize the way we diagnose and treat disease. By harnessing the power of quantum computers, we can perform calculations that are impossible with classical computers. This could lead to breakthroughs in areas like drug development, personalized medicine, and disease detection. Quantum computing in healthcare is still in […]
TQD Exclusive: ColdQuanta Masters Cold Atoms — The Oldest New Kid on the Block in Quantum Computing — to Power Quantum Scalability
ColdQuanta recently announced that it can trap and address 100 qubits in a large, dense 2-D cold atom array. What that means is the company is confident that its ultracold atom approach is on the right track and that the cold atom approach offers advantages in terms of scalability and fidelity to power practical quantum […]
€600,000 For Unique Collaboration To Make South Holland a Global Supplier of Quantum Equipment
Image by Gordon Johnson from Pixabay PRESS RELEASE: Many private parties are working, largely individually, on quantum computing. Delft is doing something unique. Here six private parties are working together to get a quantum computer with high-quality equipment up and running: the so-called ImpaQT project. If successful, this will give the region a unique position worldwide […]
London’s First Quantum IPO? Quantum Exponential Limited Set to Go Public
PRESS RELEASE: Quantum Exponential Limited, a company formed to identify investment opportunities in the quantum technology sector, said it will apply for admission of its ordinary shares to trading on the Aquis Stock Exchange Growth Market. The company is proposing to raise up to £5 million by way of a placing to investors and a […]
Quantum China Weekly Volume 15 (2021/07/17-2021/07/23)
Quantum China is a weekly periodical focusing on China’s quantum information technology, provide a voice for the Chinese quantum technology. It mainly focuses on eight major directions: Policy, Capital, Business, Technology, Research, Education, Conference, and People. Providing researchers, Interested parties, and industry pioneers with all the latest developments in China’s quantum field. Capital Bose […]
Belgian Startup Bridging Quantum Computing & Humanity
Image by www_slon_pics from Pixabay Isn’t it Ironic! It’s not very often we get to include a quantum computing (QC) initiative that hails from Belgium. Notwithstanding the post published on TQD in April of this year that highlighted Ghent University spinoff QustomDot, news regarding what’s going on in quantum tech in the country is very hard to […]
QuiX Quantum Researchers Report on Strides in Photonic Computing
PRESS RELEASE: QuiX Quantum reports that it has demonstrated the world’s largest universal quantum photonic processor, according to a paper published in Materials for Quantum Technology. The company reports that this shows its device offers excellent performance for quantum information processing and computing applications. With this work, QuiX Quantum added the first commercially available, turn-key processor […]
Xanadu Awarded DARPA Grant to Develop Novel Quantum Compiler for NISQ-based Machines
PRESS RELEASE: Xanadu, a full-stack quantum computing company developing quantum hardware and software solutions, has been awarded a Defense Advanced Research Projects Agency (DARPA) grant. The grant will enable Xanadu to develop a unique general-purpose “circuit-cutting” compiler which can automatically break down a circuit into a multi-circuit hybrid model—leveraging both classical and quantum computing—which will be […]