Quantum Computing Now Podcast Episode 23 – Travis Scholten and News from IEEE Quantum Week
An excellent talk with an excellent person! Learn all about what IBM’s been up to recently! Link to QCN show type poll: https://surveyjs.io/published?id=559dac01-5ce1-450a-8aea-b639311758cb IBM and Unitary Fund: https://www.ibm.com/blogs/research/2019/11/ibm-and-the-unitary-fund-unite-for-open-source-projects-for-quantum-computing/ Qiskit quantum optimization module: https://www.ibm.com/blogs/research/2020/07/quantum-optim-module/ Qiskit Metal: https://thequantuminsider.com/2020/10/19/qiskit-metal-ibm-community-building-a-computer-aided-program-for-quantum-device-design/ Qiskit: https://qiskit.org/ Qiskit Metal: https://qiskit.org/metal/ IBM Q Experience: https://quantum-computing.ibm.com/ Will Zeng Jungle slides: http://willzeng.com/shared/QCE2020_QuantumJungle.pdf IBM Roadmap: https://thequantuminsider.com/2020/09/15/ibms-quantum-roadmap-points-toward-1000-qubit-quantum-computer-by-2023/ Quantum Aviary: […]
Superconducting Quantum Computer Company IQM Raises €39 Million in Series A Funding
IQM Quantum Computers (IQM), the European leader in building superconducting quantum computers, today announced that it has raised €39 million in Series A funding, bringing the total amount of funding raised to date to €71 million. This ranks among the highest fundraising rounds by a European deep-tech startup within a year. MIG Fonds has led […]
Industry Beneficiaries of Quantum Computers
When it comes to charting the business benefits of quantum computing and technology, we are in unchartered territories. Multiple sources believe that quantum computers in the near-term will likely expand the development of new breakthroughs in science and technology. Some say that quantum computing fueled outputs are likely to: aide the development of medications to […]
ParityQC and Pasqal Collaborate on First Fully Parallelizable Quantum Computer
In the race to build highly efficient Quantum Processors, Pasqal is developing neutral atom-based devices that provide both simulation and computation capabilities with hundreds of highly connected qubits and a broad set of native quantum gates. Thanks to their versatility, the performances of the devices can be significantly improved by adapting the operations and the hardware resources to the desired application. Designing efficient optimization procedures is the core expertise of the Austrian spin-off ParityQC. The team developed an architecture and algorithms that allow to reduce complexity as well as enable parallelizability and tackle the most computationally intensive problems. All advantages […]
UK Quantum Firms Team Up For DISCOVERY, a £10 Million Research Program
Nine organizations from the UK’s quantum industry recently announced the launch of DISCOVERY – the largest industry-led quantum computing project in Britain to date,. DISCOVERY represents a £10m research program designed to address technology barriers to commercial quantum computing. The program is part-funded by the UK Quantum Technologies Challenge, led by UK Research and Innovation. […]
Hebrew University Spinoff’s Low-cost QKD Formula To Counter Network Security Breaches
Photo by richard thomposn on Unsplash Dangerous Breaches The rise of hard tech has created a scenario where business information exchange has become much quicker and convenient in its dissemination. This data, crucial for the smooth running of any modern operation, needs to be easily transferable — not only to other internal departments within the said company’s structure […]
Bankia AM Tests D-Wave Powered Quantum Computer In Fund Management with Multiverse Computing
Bankia AM has taken its first steps in quantum computing applied to the management of investment funds portfolios using technology from Multiverse Computing, according to news release, translated from the original version. The startup, together with Bankia’s innovation and asset management teams, have developed a quantum algorithm capable of calculating the optimal investment trajectories for […]
Korean Startup Leveraging Quantum Tech for Innovative Drug Discovery
Photo by Ciaran O’Brien on Unsplash Three Dictators The Republic of Korea has been one of the world’s most technologically advanced nations for decades, and Seoul — the country’s capital — ranked as the world’s leading digital city. Not bad for a country whose civil war in the 1950s wreaked devastation on the people and split spouses, brothers and sisters […]
ColdQuanta Raises $32 Million in Series A Funding to Accelerate Development of Quantum Systems
ColdQuanta, the quantum atomics company, today announced it has raised $32M in Series A funding, with additional funding expected to close soon. The round was co-led by Global Frontier Investments and LCP Quantum Partners, with current investor Maverick Ventures and new investor Foundry Group also participating. The funding will be used to advance the development […]
Miraex SA Receives Tech Seed loan From FIT
Miraex SA receives support from FIT to pursue the development of its photonic sensors. Based at the EPFL Innovation Park, Miraex develops full-stack solutions for predictive maintenance and anomaly detection based on its photonic sensors combined with a machine learning algorithm. These sensors are specifically designed to operate in extreme environments. Endorsed by FIT, Miraex […]