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
Unlocking quantum computing’s potential in financial services | There’s no shortage of buzz about quantum computing these days, and rightfully so. Quantum computers have the potential to unlock new answers and solve new problems by performing functions not only faster than standard computers, but also in entirely new ways. Source: FinancialPlanning. Unlocking quantum computing’s potential in financial services…
Honeywell and Cambridge Quantum Reach New Milestones | For the first time, researchers at Honeywell Quantum Solutions demonstrated repeated rounds of real-time quantum error correction (QEC), an advancement that represents a significant step toward the realization of large-scale quantum computing. The company also achieved a quantum volume of 1,024, doubling its own record from just four months ago. Beyond the hardware milestones, Cambridge Quantum also has developed a new quantum algorithm that uses fewer qubits to solve optimization problems. Source: Honeywell. Honeywell and Cambridge Quantum Reach New Milestones…
Quantum computing startup with executive office in Cary raises $15M, launches first-generation computer | Quantum computing company Atom Computing will base the company’s executive office in Cary and hire former Lenovo executive Rob Hays to lead the company as CEO after the company closed a $15 million Series A fundraising round. Source: WRALTechWire. Quantum computing startup with executive office in Cary raises $15M, launches first-generation computer…
WHAT ARE QUANTUM HARDWARE STARTUPS THINKING? | If the last five years revolved around AI chip startups, expect the next five to shift to another upstart—the quantum device makers. If the neural network hardware startup crush taught us anything, it’s that it’s hard to challenge the largest chipmakers. We suspect a similar situation with the emerging quantum systems makers. Source: THENEXTPLATFORM. WHAT ARE QUANTUM HARDWARE STARTUPS THINKING?
IBM is all in on quantum computing. Here’s how it’s trying to boost Wall Street’s access to the complex tech. | Quantum computing unlocks the ability to execute big, complex calculations faster than traditional computers. It does so by leveraging quantum mechanics, which is a form of physics that runs on quantum bits, or qubits, rather than the traditional 1 and 0 that computers typically use. Source: TIMES NEWS EXPRESS. IBM is all in on quantum computing. Here’s how it’s trying to boost Wall Street’s access to the complex tech…
EXCLUSIVE: IonQ CEO Talks Partnerships With Google, Amazon, Microsoft | IonQ is set to go public via special purpose acquisition company DMY Technology Group Inc III DMYI 0.3% with a pro forma implied market cap of approximately $2 billion. Source: BENZINGA. EXCLUSIVE: IonQ CEO Talks Partnerships With Google, Amazon, Microsoft…
