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
IBM debuts new quantum processor with 127 qubits | The processor, dubbed Eagle, marks a new milestone in IBM’s efforts to develop large-scale quantum computers. Eagle is the first chip from the company to feature more than 100 qubits. According to IBM, Eagle’s high qubit count also makes it the first quantum processor that’s too advanced to be simulated on a classical supercomputer. Source: siliconANGLE. IBM debuts new quantum processor with 127 qubits…
How Quantum Computers Will Correct Their Errors. | Quantum bits are fussy and fragile. Useful quantum computers will need to use an error-correction technique like the one that was recently demonstrated on a real machine. Source: Quantamagazine. How Quantum Computers Will Correct Their Errors, Eagle’s high qubit count also makes it the first quantum processor that’s too advanced to be simulated on a classical supercomputer….
Quantum computing in the enterprise: Four factors to consider | We’re a long way from seeing quantum computing hit the mainstream, but that doesn’t mean organisations shouldn’t be thinking about its implications for the business. Source: ZDNet. Quantum computing in the enterprise: Four factors to consider…
Quantum computing investments up 80 percent since 2018, and there’s new motivation in the space | CNBC’s Eamon Javers reports on the U.S. drive to lead the race for quantum computing. Javers speaks with IonQ president and CEO, Peter Chapman, and University of Maryland president, Darryll Pines, about the effort. CNBC’s Kate Rooney reports on the investments made in this space. Source: CNBC. Quantum computing investments up 80 percent since 2018, and there’s new motivation in the space…
4 Pre-Merger SPACs to Buy That Are Poised to Soar | Ever since special purpose acquisition companies (SPACs) first became popular last year, some have proven extremely lucrative. In the electric vehicle (EV) space, for example, Lucid Group (NASDAQ:LCID) — which announced it would merge with Churchill Capital Corp IV back in February — has jumped from around $20 in April to nearly $45 as of Nov. 15. ChargePoint (NYSE:CHPT) has been another lucrative SPAC for some investors. Back in September 2020, the company announced it would merge with Switchback Energy. From Sept. 28, 2020 to Dec. 21, 2020, the shares surged from $15.53 to above the $45 mark. Source: INVESTORPLACE. 4 Pre-Merger SPACs to Buy That Are Poised to Soar…
Quantum ActiveScale Object Storage Achieves AWS Outposts Ready Designation | Quantum Corporation (NASDAQ: QMCO) today announced that its ActiveScale object storage solution has achieved AWS Outposts Ready designation, part of the AWS Service Ready Program. ActiveScale object storage systems can now be used alongside an AWS Outposts deployment to provide Amazon Simple Storage Service (Amazon S3) compliant object storage for Amazon Web Services, Inc. (AWS) services running on an AWS Outposts rack. This validated solution enables enterprise organizations to maintain data sovereignty and low latency access within their own facilities while using AWS infrastructures, empowering them to keep pace with modern data demands through a hybrid cloud strategy. Source: HPCwire. Quantum ActiveScale Object Storage Achieves AWS Outposts Ready Designation…
Harvard and MIT Scientists Launch QuEra Computing, a New Quantum Firm Emerging from Stealth with $17M Funding | QuEra Computing emerged from stealth mode today with $17 million in funding from Rakuten, Day One Ventures, Frontiers Capital and leading tech investors Serguei Beloussov, Paul Maritz, among others. The company recently received a DARPA award, and has already generated $11 million in revenue. Source: HPCwire. Harvard and MIT Scientists Launch QuEra Computing, a New Quantum Firm Emerging from Stealth with $17M Funding…
QC Ware Announces Q2B 2021: Practical Quantum Computing | QC Ware today announced its fifth annual Q2B Practical Quantum Computing conference to be held exclusively in-person at the Santa Clara Convention Center on December 7-9, 2021. Q2B is the world’s largest gathering of the quantum computing community, focusing solely on quantum computing applications and driving the discourse on quantum advantage and commercialization. Source: PR Newswire (QC Ware). QC Ware Announces Q2B 2021: Practical Quantum Computing…
Quantum Rising: New Study Reveals 69% of Companies Surveyed Already Have an In-House Quantum Computing Program | D-Wave Systems Inc., the leader in quantum computing systems, software, and services, and the only company developing both annealing and gate-model quantum computers commissioned Hyperion Research, the high performance computing analyst group, to explore enterprise attitude and appetite with regard to quantum computing. The survey garnered over 400 responses from key decision makers integral to their company’s strategic technology planning and procurement processes in North America, Europe, South Korea, and Japan. The unique data and insights not only illuminate that nearly 70% surveyed have some form of an in-house quantum computing program, but also how enterprises are engaging with quantum computing today and how they intend to utilize the powerful technology in the near future. Source: D-Wave Systems Inc.. Quantum Rising: New Study Reveals 69% of Companies Surveyed Already Have an In-House Quantum Computing Program…
Best Quantum Computing Stocks to Buy in 2021 | Quantum translates, in the world of commercial computing, to machines and software that can, in principle, do many of the things that classical digital computers can and in addition do one big thing classical computers can’t: perform combinatorics calculations quickly. Technology companies are in focus for investors and offer great opportunities. technology companies are in focus for investors and offer great opportunities. Get to know best tech stocks. Source: Elliots Wave Forecast. Best Quantum Computing Stocks to Buy in 2021…
IBM’s 127-qubit chip Eagle: Quantum computing may soon be too powerful to ignore | IBM says its new quantum chip will overtake classical computers in two years. Tech leaders should be starting to consider whether quantum computing can help their business, experts advise. Source: TECH MONITOR. IBM’s 127-qubit chip Eagle: Quantum computing may soon be too powerful to ignore…
HEALTHCARE: Quantum Computing For Enterprise Market Overview Highlighting Major Drivers | The global quantum computing for enterprise market is forecast to reach a market size of USD 3,907.4 Million by 2027, and register a steady revenue growth rate, according to latest analysis by Emergen Research. Growth of the global quantum computing for enterprise market in terms of revenue is expected to increase substantially over the forecast period due to increasing global demand for quantum computing simulation for drug discovery and to identify new chemical compounds Source: DailyBubble News. HEALTHCARE: Quantum Computing For Enterprise Market Overview Highlighting Major Drivers…
A Quantum Computing Startup That Believes It Can Finally Win The Qubit Race | Atom Computing describes itself as “an organization obsessive about constructing the world’s most scalable quantum computer systems out of optically trapped impartial atoms.” The corporate lately revealed it had spent the previous two years secretly constructing a quantum pc utilizing Strontium atoms as its items of computation. Source: atom computing. A Quantum Computing Startup That Believes It Can Finally Win The Qubit Race…
Atos and IQM study finds 76% of global HPC data centers to use quantum computing by 2023 | Atos and IQM today announce the findings from the first global IDC study on the current status and future of quantum computing in high performance computing (HPC). Commissioned by IQM and Atos, the study reveals that 76% of HPC data centers worldwide plan to use quantum computing by 2023, and that 71% plan to move to on-premises quantum computing by 2026. Source: GlobeNewswire (Atos). Atos and IQM study finds 76% of global HPC data centers to use quantum computing by 2023…
Quantum Computing | First quantum computer to pack 100 qubits enters crowded race Source: Optimize IAS. Quantum Computing…
A new quantum computer startup from Harvard, MIT raises US$17M | A new quantum computer startup born from researchers at Harvard University and Massachusetts Institute of Technology (MIT) called QuEra Computing said on Wednesday it raised US$17 million from investors, including Japanese e-commerce giant Rakuten Inc. Source: CNA. A new quantum computer startup from Harvard, MIT raises US$17M…
