Honeywell Quantum Solutions and Cambridge Quantum Computing Will Combine “To Form World’s Largest, Most Advanced Quantum Business”
Honeywell (NASDAQ: HON) announced today that Honeywell Quantum Solutions (HQS) and Cambridge Quantum Computing (CQC), two world-leading quantum computing and quantum technology businesses, will combine to form the largest, most advanced standalone quantum computing company in the world, according to a news release. The company added that this move is setting the pace for what […]
Pasqal raises €25 Million in Series A Funding to Speedup Commercialization of Quantum Processors
Pasqal today announced it has raised €25 M in Series A funding. The round was led by Quantonation with Runa Capital, Daphni and Eni Next participating and includes previously announced commitment by the European Innovation Council (EIC) Fund. The funding will be used to advance the development of Pasqal’s analog and digital quantum processors, strengthen […]
TQD Exclusive: With Key Partnerships in Place, PsiQuantum Sets Sight on Delivering Commercially Viable 1 Million-Qubit Quantum Computer
For PsiQuantum co-founder Pete Shadbolt, the partnership with GLOBALFOUNDRIES® (GF®), a feature-rich semiconductor manufacturer, isn’t the icing on the cake for building a quantum computer, but it does mean that the recipe is ready and the ingredients are now in place for the company’s real goal — build a practical device that can solve problems […]
Siemens’ Acquisition To Help Drive Performance-Driven Optimization of Advanced Materials
Xcelerator Portfolio Acquistion When Siemens added multiscale chemistry modelling company Culgi to its Xcelerator portfolio in November of last year, it gained instant expertise in soft materials simulation, quantum chemistry and molecular dynamics. “Innovations in soft materials engineering begin at the quantum and molecular levels,” said Jan Leuridan, Senior Vice President, Simulation and Test Solutions, […]
24 Multinational Companies Embracing Quantum Tech
Image by Alexander Ignatov from Pixabay Jumpstarting Quantum Efforts In Kristina LeBlanc’s insightful Atos blog post When will quantum computing become a mainstream reality? she lays bare her employer’s attitude towards quantum technology and where it’s heading. And though the post is mainly sobering and a disappointment for those who think we’ll have quantum laptops by 2025, […]
Quantum China Weekly – Volume 8 (2021/05/29-2021/06/04)
This week, in the business sector, the Origin Quantum open source community completed a new revision and went online, and at this stage the community is soliciting feedback suggestions from the public. SpinQ became the vice president of Shenzhen Computer Society, and Turing Quantum recently settled in Shanghai Danshui River Science and Technology Park. In […]
UK STFC Hartree Centre and IBM Begin Five-Year, £210 Million Partnership to Accelerate AI and Quantum Computing in UK
Science Minister Amanda Solloway has unveiled a five-year, £210 million partnership with IBM (NYSE: IBM). Its mission is to support UK businesses and the public sector by reducing the risk of exploring and adopting innovative new digital technologies, such as artificial intelligence (AI) and quantum computing, by breaking down practical barriers to innovation such as access to infrastructure […]
Quantum Policy Wrap-Up: US Takes Steps to Beef Up Quantum
Several media outlets and government watchdogs are reporting on the steady news out of Washington about the importance of quantum technology and science. The moves are policy and legislative-related and involve strengthening domestic quantum initiatives while working with allies and friends. Brandi Vincent, Staff Correspondent for NextGov reports that the United States National Quantum Coordination […]
Honeywell, UT Researchers Say New Algorithm May Mean Quantum Computers Will Run Complex Simulations Sooner Than Expected
Researchers at Honeywell Quantum Solutions and the University of Texas – Austin developed an algorithm that could lead to quantum computers running more complex scientific simulations sooner than expected, the research team reported in a Honeywell news story. The Honeywell team recently demonstrated that its holographic quantum dynamics (holoQUADS) algorithm accurately simulated a quantum dynamics model with […]
Zapata Computing Expands Global Leadership in Quantum Computing Software Development with Launch of UK Entity
The strategic expansion into a global hub for innovation and commerce facilitates more productive collaboration with UK customers seeking to build quantum-ready applicationsTM Zapata Computing, a leading enterprise software company for quantum-classical applications, today announced it has expanded its operations by registering a legal entity in the United Kingdom (UK). The expansion will enable […]