Business & Industry
Superconducting Compute for AI and Quantum: Snowcap Debuts with $23M Backing
Snowcap Compute has emerged from stealth with a $23 million seed round led by Playground Global. The startup is developing a superconducting compute platform tailored for next-gen AI and quantum workloads. With its energy-efficient architecture and high-performance processing, Snowcap targets a new era in data center infrastructure.
Quranium Launches Quantum-Secure Testnet as Quantum Art Partners with NVIDIA
Quranium launches its Convergence Layer testnet featuring quantum-secure cryptography, while Quantum Art integrates with NVIDIA’s CUDA-Q to scale hybrid applications. The upcoming Barcelona Biennial highlights quantum’s global impact, even as funding gaps threaten education efforts.
Keysight Quantum Control System Embedded in 256-Qubit Quantum Computer
Keysight’s Quantum Control System (QCS) is embedded in a new 256-qubit quantum computer by Fujitsu and RIKEN. The system bridges classical and quantum operations with precision. QCS’s modularity and global deployment highlight its adaptability for advancing quantum computing. Keysight continues supporting hybrid quantum-classical architectures for scalable performance.
L&T-Cloudfiniti and QpiAI Form Quantum Tech Partnership
L&T-Cloudfiniti has formed a strategic alliance with QpiAI to deliver scalable quantum computing solutions. This partnership supports India’s National Quantum Mission and targets high-performance applications in logistics, healthcare, and finance. QpiAI’s roadmap includes a 256-qubit system and a future 100 logical qubit machine. L&T brings its digital infrastructure while QpiAI contributes quantum expertise and hardware capabilities.
QuEra Selected for DARPA’s Quantum Benchmarking Initiative Stage A
QuEra has been selected for Stage A of DARPA’s Quantum Benchmarking Initiative. The program evaluates the potential for practical, fault-tolerant quantum computing within a decade. QuEra will showcase its neutral-atom quantum architecture and present its research roadmap for rigorous technical validation.
JPMorgan’s Bold Quantum Computing Initiative Takes Shape
JPMorgan Chase advances practical quantum computing by producing verifiable random numbers, strengthening financial encryption and transaction security. Collaboration with Quantinuum showcases scalable quantum solutions and positions JPMorgan at the forefront of quantum technology adoption in finance.
Quantum.Tech 2025: A Gathering of Visionaries Shaping the Quantum Future
Quantum.Tech 2025 draws leading innovators, government visionaries, and financial powerhouses for a deep dive into quantum computing. Attendees can expect clear insights on post-quantum cryptography standards, hardware breakthroughs, and real-world applications across defense, finance, and beyond. Join history-in-the-making in Washington, DC, to explore how quantum is moving from theory to necessity.
Quantum Computing Inc. Faces Fraud Allegations, Stock Volatility
Quantum Computing Inc. (QUBT) is under scrutiny for allegedly overstating quantum capabilities and business deals. Social sentiments label it “rampant fraud,” while multiple law firms pursue legal action. The stock has dropped sharply from its 2024 high, leaving investors on edge.
Finland Debuts Europe’s First 50-Qubit Quantum Computer
VTT and IQM have introduced Europe’s first 50-qubit superconducting quantum computer, marking a breakthrough for Finland’s quantum research. The system is now available through the VTT QX service for researchers and businesses. With government backing and advanced superconducting technology, the project enhances Finland’s position in the global quantum race.
