The Shorts | 11/8/21 | Business and Industry in Quantum Computing

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

HOW QUANTUM COMPUTING WILL IMPACT BUSINESSES | Quantum computing is approaching a commercialization stage that has the potential to revolutionize our planet. Early adopters of quantum’s one-of-a-kind capacity to address specific types of issues may generate breakthroughs that allow for new business models. To become “quantum ready,” forward-thinking firms are already collaborating with the growing quantum computing ecosystem.  Source: GlobalTech.   HOW QUANTUM COMPUTING WILL IMPACT BUSINESSES…

Quantum computers: Eight ways quantum computing is going to change the world | Businesses are already exploring the future potential of quantum computers, and some industries anticipate big changes ahead.  Source: ZDNet.   Quantum computers: Eight ways quantum computing is going to change the world…

A New Frontier: Quantum Computing in the Power Sector | Digitalization, driven by big data, the industrial internet of things (IIOT), and even artificial intelligence (AI), has made its mark on the power industry, allowing for greater transparency into operations and helping to ramp up efficiency, reliability, and profitability. However, as some experts point out, power operations are quickly growing ever more complex, and “classical” systems may reach a level of “saturation” in their ability to solve problems. A promising emerging solution is embedded in quantum computing, a relatively new field that leverages the unique rules of quantum mechanics to process information.  Source: POWER.   A New Frontier: Quantum Computing in the Power Sector…

Quantum cybersecurity firm QuintessenceLabs raises $25 million series B | Canberra-based quantum cybersecurity venture QuintessenceLabs has raised $25 million in a series B.  Source: startupdaily.   Quantum cybersecurity firm QuintessenceLabs raises $25 million series B…

ColdQuanta Founder and CTO Dana Anderson Awarded 2021 Willis E. Lamb Award for Laser Science and Quantum Optics | ColdQuanta, the leader in Cold Atom Quantum Technology, today announced its co-founder and CTO, Dana Anderson, was awarded the 2021 Willis E. Lamb Award for Laser Science and Quantum Optics. The award is sponsored by the Physics of Quantum Electronics (PQE) conference and will be presented at its Winter Colloquium in Snowbird, Utah, which runs January 10-14, 2022.  Source: CISION PR Newswire (ColdQuanta).   ColdQuanta Founder and CTO Dana Anderson Awarded 2021 Willis E. Lamb Award for Laser Science and Quantum Optics…

Quantum Xchange Joins the Hudson Institute’s Quantum Alliance Initiative | Quantum Xchange, delivering the future of encryption with its leading-edge key distribution platform, today announced its membership with the Hudson Institute’s Quantum Alliance Initiative (QAI), a consortium of companies, institutions, and universities whose mission is to raise awareness and develop policies that promote the critical importance of U.S. leadership in quantum technology, while simultaneously working to ensure that the nation’s commercial businesses, government agencies, and digital infrastructure will be safe from a future quantum computer cyberattack by 2025.  Source: CISION PR Newswire (QUANTUM XCHANGE).   Quantum Xchange Joins the Hudson Institute’s Quantum Alliance Initiative…

embedded news week: podcast, new GPU, quantum IP, smart building IoT | In our latest embedded edge with Nitin podcast, we have highlighted a new GPU, developments in quantum computing, and IoT for smart buildings. In the show, Andrew Girdler of Imagination Technologies told us about the company’s new flagship GPU that brings desktop-quality ray tracing to mobile for the first time and is industry’s first Level 4 RTLS ray tracing architecture. He said, “It’s the most advanced ray tracing architecture out there today, giving you the ability to enable advanced ray trace gaming effects, in a low power budget in a mobile phone device.” Listen to the full interview on the podcast.  Source: embedded.   embedded news week: podcast, new GPU, quantum IP, smart building IoT…

Banking and finance is attributed to hold major share of Quantum Computing market | Banking and finance is attributed to hold major share of Quantum Computing market  Source: INDUSTRY TRENDS ELECTRONICS AND SEMICONDUCTOR.   Banking and finance is attributed to hold major share of Quantum Computing market…

Investing in Quantum Computing Stocks | It’s been more than two decades since quantum computing was first developed, but Wall Street has started to warm up to the technology’s long-term prospects with several pure-play stocks going public in 2021. Quantum computing technology harnesses the power of superposition — the phenomenon that occurs at the subatomic scale in which objects have no clearly defined state — to accelerate computing speed. While quantum computing has made great strides in just a few years, the technology is still mostly in the research and development stage.   Source: The Motley Fool.   Investing in Quantum Computing Stocks…

Rigetti Computing, a Global Leader in Full-Stack Quantum Computing, Announces Plans to Become Publicly Traded via Merger with Supernova Partners Acquisition Company II | Rigetti & Co., Inc. (“Rigetti”), a pioneer in full-stack quantum computing, announced it has entered into a definitive merger agreement with Supernova Partners Acquisition Company II, Ltd. (“Supernova II”) (NYSE:SNII), a publicly traded special purpose acquisition company. When the transaction closes, the publicly traded company will be named Rigetti Computing, Inc. and its common stock is expected to be listed on the NYSE under the ticker “RGTI.”  Source: rigetti.   Rigetti Computing, a Global Leader in Full-Stack Quantum Computing, Announces Plans to Become Publicly Traded via Merger with Supernova Partners Acquisition Company II…

Quantum Computing Market Detailed Insights on Upcoming Trends 2021 – 2031 | The quantum computing technology is advancing rapidly, and aims to solve more complex business problems through improved optimization, simulation, and machine learning. Quantum computers use quantum bits, which are subatomic particles such as electrons and protons to represent data. Several experts believe quantum computing is a potential game changer, particularly in sectors such as banking, where quantum algorithms could be useful to handle difficulties in calculating value-at-risk (VAR) and optimizing the volatility of debt.  Source: VIV ONLINE.   Quantum Computing Market Detailed Insights on Upcoming Trends 2021 – 2031…

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At The Qubit Report, our mission is to promote knowledge and opinion of quantum computing from the casual reader to the scientifically astute.  Because Quantum is Coming.

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