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
TuringQ’s pre-A funding for quantum computing R&D | Qihui Fan the Managing Director of Legend Capital, said that Legend Capital has been making systematic planning on core technology. Quantum computing will have a profound impact on many industries and even bring disruptive changes in all walks of life. Many startups and large companies have entered into the market, which helps boost the process of quantum computing from the laboratory to the real market. Legend Capital will help TuringQ further expand its advantages and promote the practical application and industrialisation of photonic quantum computing. Source: electronic specifier. TuringQ’s pre-A funding for quantum computing R&D…
TfNSW ramps up quantum computing ambitions with new pilot program | Transport for NSW is planning to run a series of quantum computing pilots from early next year, as it doubles down on ambitions to use the technology to help operate the public transport network. Source: itnews. TfNSW ramps up quantum computing ambitions with new pilot program…
Supermicro Enhances Broadest Portfolio of Edge to Cloud AI Systems with Accelerated Inferencing and New Intelligent Fabric Support | Super Micro Computer, Inc. (SMCI), a global leader in enterprise computing, storage, networking solutions, and green computing technology, announces the enhancement of the broadest portfolio of Artificial Intelligence (AI) GPU servers which integrate new NVIDIA Ampere-family GPUs, including the NVIDIA A100, A30, and A2. Source: CISION PR Newswire. Supermicro Enhances Broadest Portfolio of Edge to Cloud AI Systems with Accelerated Inferencing and New Intelligent Fabric Support…
QUBT Stock: The News Sending Quantum Computing Higher Today | Investors in Quantum Computing (NASDAQ:QUBT) are seeing a lot of green. Shares of QUBT stock are currently up more than 7%, as the market dips following a green start to the day. Source: INVESTORPLACE. QUBT Stock: The News Sending Quantum Computing Higher Today…
Quantum scientist Martin Suchara named to Crain Chicago Business’s ‘40 Under 40’ | Quantum computing is a young field, so it seems fitting that a young researcher in that discipline has recently garnered a major award for his leadership and accomplishments. Source: HPCwire. Quantum scientist Martin Suchara named to Crain Chicago Business’s ‘40 Under 40’…
Quantum Computing Market Worth $1,765 Million by 2026 | Quantum Computing Market is expected to fuel the growth of the market globally. Other key factors contributing to the growth of the quantum computing market include rising investments by governments of different countries to carry out research and development activities related to quantum computing technology. Several companies are focusing on the adoption of QCaaS post-COVID-19. This, in turn, is expected to contribute to the growth of the quantum computing market. However, stability and error correction issues are expected to restrain the growth of the market. Source: electronic BHARAT. Quantum Computing Market Worth $1,765 Million by 2026…
Quantum Computing in drug discovery receives £6.85m boost | Medicines Discovery Catapult (MDC), the Alderley Edge-based independent national centre for innovation in drug discovery, has secured £6.85m funding as part of a consortium, led by Digital Quantum Computing company SEEQC, to utilise quantum computing in drug discovery for the treatment of cancer. Source: The BusinessDesk. Quantum Computing in drug discovery receives £6.85m boost…
QCI Qatalyst Selected by BMW Group and Amazon Web Services as a Finalist in the Quantum Computing Challenge | Quantum Computing Inc. (Nasdaq: QUBT), a leader in bridging the power of classical and quantum computing, announced that its Qatalyst ready-to-run quantum software was selected as one of three finalists for the second and final round of the BMW Group and Amazon Web Services (AWS) Quantum Computing Challenge for the Vehicle Sensor Placement use case. Source: GlobeNewswire. QCI Qatalyst Selected by BMW Group and Amazon Web Services as a Finalist in the Quantum Computing Challenge…
Nvidia’s Digital Twin Moonshot – Saving Planet Earth | Nvidia is continuing to expand enterprise digital twin capabilities and features in its Nvidia Omniverse 3D virtual world design platform, but the company’s nascent plans for its grandest digital twin yet might have even bigger impacts after its announcement at this week’s Nvidia GTC21 virtual conference. Source: HPC wire. Nvidia’s Digital Twin Moonshot – Saving Planet Earth…
New energy sector quantum computing use cases | These are focussed respectively on gas leak detection and the development of offshore wind energy among other marine applications. The HYDrogen sensor for Industry (HYDRI) consortium led by BP has been awarded £2.5 million ($3.3 million). The aim is to develop quantum gas sensors to support the safe rollout of hydrogen as a widely used energy source in the domestic, industrial and transportation sectors. Source: INDUSTRIALNEWS. New energy sector quantum computing use cases…
Manufacturing Bits: Nov. 8 | Rigetti Computing, a developer of quantum computers, has been selected to lead a quantum simulation project for the development of fusion energy. Source: SEMICONDUCTORENGINEERING. Manufacturing Bits: Nov. 8…
Legend Capital Leads TuringQ Pre-A Funding | TuringQ, China’s first photonic quantum computing company, announced the completion of a pre-A financing round of several hundred million yuan, led by Legend Capital. The funds will be mainly used for R&D and commercialization of quantum algorithms. Source: ACNnewswire. Legend Capital Leads TuringQ Pre-A Funding…
IQM Quantum Computers Opens a New Fabrication Facility in Finland | As part of its long-term growth strategy, IQM Quantum Computers announces the operation of its new state-of-the-art fabrication and cryogenic characterization facility, which will expand its quantum processor production capacity. This new facility is situated close to its headquarters and quantum labs in Espoo, Finland and marks the company’s largest investment to date. Source: itweb. IQM Quantum Computers Opens a New Fabrication Facility in Finland…
IonQ Delivers A New Architecture And Glass Quantum Computer Chip A Year | IonQ beat its technology roadmap projection by more than a year by demonstrating its ReconfigurableMulticore Quantum Architecture (RMQA). This technology should eventually allow IonQ to begin scaling large numbers of qubits. Moreover, IonQ has also delivered another chip technology ahead of schedule – RMQA will be implemented on a new quantum chip platform called Evaporated Glass Traps (EGTs). Many technologies are used for quantum computers, such as superconductors, photonics, silicon-based, neutral atoms, trapped ions, and several others. IonQ’s present quantum technology of choice is natural ions created from an isotope of a rare-earth metal called ytterbium. Just as classical computers use bits for computation, quantum computers use quantum bits or “qubits.” Ion qubits are created using precision lasers to remove an outer electron from an atom of ytterbium, which creates a positively charged ion whose internal workings act as a qubit. Once positioned in the trap, oscillating voltage fields hold the ions in place. This, and other laser manipulations of the ions, are all done inside a small vacuum chamber. Source: Massachusetts Digital News. IonQ Delivers A New Architecture And Glass Quantum Computer Chip A Year…
Gift the World of Quantum Computing This Holiday Season – First Interactive Learning Platform for Beginners Now Available | Just in time for the holidays, the team of quantum computing experts at Q-CTRL have released the first interactive, online learning platform called Black Opal for anyone interested in learning quantum computing. Source: businesswire. Gift the World of Quantum Computing This Holiday Season – First Interactive Learning Platform for Beginners Now Available…
GetSwift Reports Fiscal First Quarter 2022 Financial Results | GetSwift Technologies Limited (“GetSwift” or the “Corporation”; NEO: “GSW”), a leading provider of last mile SaaS logistics technology and services, has reported its financial and operational results for the fiscal first quarter of 2022 which ended September 30, 2021. Source: businesswire. GetSwift Reports Fiscal First Quarter 2022 Financial Results…
Crypto Quantique and BT Labs demonstrate novel IoT security, retrofitting a model smart-factory and exploring new applications | Crypto Quantique, a specialist in physical-unclonable-function (PUF) cybersecurity for the internet of things (IoT), is engaged with the globally-recognised BT Labs to explore applications for its Q:Architecture, IoT security platform. Q:Architecture comprises QDID hardware IP that generates on-demand random, unique, unforgeable identities and cryptographic keys in silicon, and the QuarkLink security platform for provisioning, onboarding, and managing IoT devices throughout their lifetime. Source: CRYPTO QUANTIQUE. Crypto Quantique and BT Labs demonstrate novel IoT security, retrofitting a model smart-factory and exploring new applications…
A Lesson to Learn: Quantum Computing Inc. (QUBT) | Quantum Computing Inc. (NASDAQ:QUBT) went up by 19.64% from its latest closing price compared to the recent 1-year high of $25.07. The company’s stock price has collected 4.23% of gains in the last five trading sessions. Press Release reported 2 hours ago that QCI Qatalyst Selected by BMW Group and Amazon Web Services as a Finalist in the Quantum Computing Challenge Source: NEWSHEATER. A Lesson to Learn: Quantum Computing Inc. (QUBT)…
