The rate at which quantum computing is hitting the media stream is ever-increasing. This piece is a collection of recent articles and reports covering various aspects of quantum computing from the lens of business and industry. Mea Cubitt
Renergen’s deal with Argonon could create the first ever helium spot market | South African natural gas and helium producer Renergen’s (ASX:RLT) deal with helium trader Argonon could be the catalyst to establishing more pricing transparency in the sector, the company said today. RLT has just completed a helium forward sale agreement for 100,000 units – each representing a thousand standard cubic feet (MCF) – at 99.999% purity over 19 years, to Argonon. Source: STOCKHEAD. Renergen’s deal with Argonon could create the first ever helium spot market…
Quantum reality check: Gartner expects more 10 years of hype but CIOs should start finding use cases now | At the Gartner IT Symposium/Xpo, analyst Chirag Dekate had a brutally honest assessment of the state of quantum computing: embryonic at best. What’s worse, we’re in for at least 10 more years of hype about the technology before it starts delivering value, according to Gartner’s 2021 Hype Cycle for Compute Infrastructure. Source: FORRESTER. Quantum reality check: Gartner expects more 10 years of hype but CIOs should start finding use cases now…
Quantum Computing in Transportation Market Research Report, Size, Share, Price Trends and Forecast to 2025 | United States, OR Poland): The Quantum Computing in Transportation Market report is composed of major as well as secondary players describing their geographic footprint, products and services, business strategies, sales and market share, and recent developments among others. Furthermore, the Quantum Computing in Transportation report highlights the numerous strategic initiatives such as product launches, new business agreements and collaborations, mergers and acquisitions, joint ventures, and technological advancements that have been implemented by the major market players for to firmly establish itself in the Quantum Computing in Transportation industry. Source: openPR. Quantum Computing in Transportation Market Research Report, Size, Share, Price Trends and Forecast to 2025…
Q-CTRL named to Most Innovative Companies List by The Australian Financial Review and BOSS Magazine | Q-CTRL, a startup that applies the principles of control engineering to accelerate the development of quantum technology, today announced it was named to The Australian Financial Review (AFR) BOSS Most Innovative Companies list for its efforts to improve quantum computer stability and deliver useful performance to end users with its AI-based quantum firmware solutions. Source: EurekAlert!. Q-CTRL named to Most Innovative Companies List by The Australian Financial Review and BOSS Magazine…
NTT Research and NTT Social Informatics Laboratories to Present Security Research Findings at Eurocrypt 2021 | NTT Research, Inc., a division of NTT (TYO:9432), today announced that members of its Cryptography & Information Security (CIS) Lab and of the NTT Social Informatics Laboratories co-authored 10 papers that are being presented at Eurocrypt 2021, one of three flagship conferences organized by the International Association for Cryptologic Research (IACR). This year’s event will occur virtually and in person October 18–21 and features 13 sessions, 78 papers and 2 invited talks. This year’s physical event will take place at The Westin Zagreb, in Zagreb, Croatia. The proceedings of Eurocrypt 2021, the 40 th Annual International Conference on the Theory and Applications of Cryptographic Techniques, will be published in Springer’s Lecture Notes in Computer Science (LNCS) series. Source: AP NEWS. NTT Research and NTT Social Informatics Laboratories to Present Security Research Findings at Eurocrypt 2021…
Multiverse Computing Closes €10M Seed Funding Round | Multiverse Computing, a San Sebastian, Spain-based quantum computing startup dedicated to finance, closed a seed funding round of €10m (USD $11.55m). Source: MULTIVERSE. Multiverse Computing Closes €10M Seed Funding Round…
Fujitsu Commences Joint Research with World-Leading Institutions for Innovations in Quantum Computing | Fujitsu Laboratories Ltd. today announced the launch of three collaborative research projects with world-leading research institutions: one with RIKEN and the University of Tokyo, another with Osaka University, and the other with the Delft University of Technology, in the Netherlands (hereafter, TU Delft). To make practical quantum computing a reality, Fujitsu will conduct research on a number of the associated technology layers, from the device level to control systems, architecture and algorithms. Through this collaborative research, Fujitsu aims to achieve comprehensive and efficient advances in quantum computing. By applying quantum computing to various fields currently facing problems that are extremely difficult to solve, Fujitsu aims to provide even greater value to customers and contribute to a sustainable society going forward. Source: JCNNEWSWIRE. Fujitsu Commences Joint Research with World-Leading Institutions for Innovations in Quantum Computing…
embedded news week: U.K. chip startups, natural language quantum | In the embedded world, semiconductor startups in the U.K. are not as fortunate as those in the U.S. or Israel where a larger pool of investors understand the amount of capital and time needed to scale up a chip company. I had the opportunity to sit in on a debate among senior executives and veterans of the U.K. chip ecosystem at a very appropriate venue, Bletchley Park in the U.K., which hosts the National Museum of Computing and the code-breaking machines used during the second world war. The event, hosted by chip industry incubator Silicon Catalyst and the National Microelectronics Institute resulted in a discussion that aimed to address the issues faced by British semiconductor startups. You can read my report on it here. Source: embedded. embedded news week: U.K. chip startups, natural language quantum…
Development Strategies for Digital Banks | When reading popular websites about digital trends in banking, one can notice that two out of three articles talk about Big Data, Artificial Intelligence, and even quantum computing. At the same time, the majority of the banking market players are still determining an optimal business strategy for digital transformation in financial services, looking closely at the successes and failures of those who have already taken the plunge into digital business transformation and the use of the latest technologies. Source: Finextra. Development Strategies for Digital Banks…
ColdQuanta’s Newly Formed Research as a Service Division Embarks on First Project with Oak Ridge National Labs | ColdQuanta, the leader in Cold Atom Quantum Technology, today announced the company has embarked on its first project under the newly branded Quantum Research as a Service (QRaaS) Division to build a Custom Ion Trap System for Oak Ridge National Labs (ORNL). The QRaaS division sits alongside the company’s Quantum Computing and Cold Atom Technology groups, and is dedicated to discovering breakthrough technology in support of government and enterprises. The Oak Ridge system will apply thoughtful engineering to create a high performance and modular system that enables rapid testing of cryogenic electronics, ion trap architectures, and system integration strategies. The cryogenic ion trapping system combines the modular design and systems engineering that ColdQuanta has demonstrated in several of its products to produce a reliable system that is tailored to the customer’s needs for testing and prototyping ion trap hardware. Source: CISION PR Newswire. ColdQuanta’s Newly Formed Research as a Service Division Embarks on First Project with Oak Ridge National Labs…
Classiq Research Reveals Big Demand For, and Broad Interest In, Quantum Training | New research from Classiq, which provides a breakthrough Quantum Algorithm Design platform, highlights the dramatic need for a trained quantum workforce, without which accelerated adoption of quantum computing is not possible. It also indicates that informed employees have a robust thirst for quantum training – as nearly all professionals familiar with quantum computing said that they want more quantum education. Source: yahoo!finance. Classiq Research Reveals Big Demand For, and Broad Interest In, Quantum Training…
Check out 22 pitch decks that fintechs looking to disrupt trading, banking, and lending used to raise millions | Fintech VC funding hit a fresh quarterly record of $22.8 billion in the first three months of 2021, according to CB Insights data. While mega-rounds helped propel overall funding, new cash was spread across 614 deals. Source: msn money. Check out 22 pitch decks that fintechs looking to disrupt trading, banking, and lending used to raise millions…
7 Quantum Computing Stocks to Buy as Rigetti Computing Comes Public | Quantum computing is a fascinating new field for technologists and investors alike, envisioning a new way of computing. Using a radically different technological process, quantum computing seeks to achieve orders of magnitude faster calculations. This will enable researchers to approach fields such as pharmaceutical drug research, weather forecasting, cybersecurity and computational chemistry in a whole new way. It’ll also enable big returns for quantum computing stock owners. Source: INVESTORPLACE. 7 Quantum Computing Stocks to Buy as Rigetti Computing Comes Public…
Market cap of IonQ Inc. [IONQ] reaches 1.76B – now what? | IonQ Inc. [NYSE: IONQ] traded at a high on 10/15/21, posting a 2.34 gain after which it closed the day’ session at $10.05. The company report on October 14, 2021 that IonQ to Keynote IEEE Quantum Week. Company leaders also host trapped IonQ quantum computing tutorial and panel on women in quantum. Source: DBTnews. Market cap of IonQ Inc. [IONQ] reaches 1.76B – now what?
Research Paper by Toppan and blueqat on Photonic Quantum Computation Selected for IEEE’s QCE21 Posters Program | Toppan, a global leader in communication, security, packaging, décor materials, and electronics solutions, and blueqat, a leading venture company in the fields of quantum software and machine learning solutions, are collaborating on research on photonic quantum computation.1 A paper on the research has been included in the Posters Program of the International Conference on Quantum Computing and Engineering (QCE), organized by the Institute of Electrical and Electronics Engineers (IEEE).2 The paper was presented at 14:30 (MST) on October 18. Source: WhatTheyThink. Research Paper by Toppan and blueqat on Photonic Quantum Computation Selected for IEEE’s QCE21 Posters Program…
Fintech’s First Quantum Computing Startup Secures Seed Funding | In a world in which a new enabling technology seems to capture the fintech imagination at least every other year, quantum computing remains relatively elusive. The promise of being able to leverage quantum computations to accomplish tasks that challenge if not overwhelm current, classical computing technologies is one that, in the area of fintech, has yet to be realized. Source: Finovate. Fintech’s First Quantum Computing Startup Secures Seed Funding…
Gartner advises tech leaders to prepare for action as quantum computing spreads | Quantum computing has hit the radar of technical leaders, because of the huge efficiency it offers at scale. It will take years to develop for most applications, however, even as it makes limited progress in the near term in highly specialized fields of materials science and cryptography. Source: VentureBeat. Gartner advises tech leaders to prepare for action as quantum computing spreads…
Quantum Computing Startup Multiverse Computing Secures €10M to Focus on Finance Solutions | Multiverse Computing, the quantum computing startup that’s focused on finance, has finalized a €10 million (appr. $11.55 million) seed round. Source: CROWDFUNDINSIDER. Quantum Computing Startup Multiverse Computing Secures €10M to Focus on Finance Solutions…
