The Shorts | 6/18/21 | Business and Industry in Quantum Computing
Fully Integrated QPU Using Commercially Available Technology | Source: Equal1.Labs. Equal1.Labs Fully Integrated QPU Using Commercially Available Technology… IonQ’s Virtual Financial Analyst Day : An Inside Look Part One | IonQ’s organizational structure, strategy and funding to date are captured in part one of a two part series for this first quantum computing centered company. […]
As U.S. and China Quantum Technology Takes Off, Japan Takes Notice
Corporate Japan fights to keep up in quantum computing Read More… + Quantum technology applies the principles of quantum mechanics to solve problems in new ways. It has potential applications in secure communications and encryption, collection and analysis of data and the development of advanced technologies. Because quantum communications and encryption are directly related to […]
French Firm Closes $10M Seed Round to Bring Carbon Nanotubes as Qubits for Your Quantum Processor
Paris-Based Startup C12 Quantum Electronics Raises $10M, Led by 360 Capital C12 Quantum Electronics today [June 8, 2021] announces the closing of a $10 million seed round comprising funds from 360 Capital, Bpifrance (Digital Venture Fund), Airbus Ventures, BNP Paribas Développement, and Octave Klaba (OVHcloud), with additional grants from Bpifrance and the Ile-de-France Region. Founded in January […]
Honeywell Quantum Solutions and Cambridge Quantum Computing to Merge, Form World’s Premier Quantum Company
Honeywell Quantum Solutions And Cambridge Quantum Computing Will Combine To Form World’s Largest, Most Advanced Quantum Business – Upon completion of the combination, Honeywell will own a majority stake of the new company, which will shape the future of what is projected to become a $1 trillion quantum computing industry – New business will offer […]
SoftBank Proves Its Support to Visionaries with IonQ Partnership
IonQ and SoftBank Investment Advisers Team Up to Expand Quantum Computing Access Globally IonQ, Inc. (“IonQ”), the leader in quantum computing, today [June 3] announced a strategic partnership with SoftBank Investment Advisers, manager of SoftBank Vision Funds 1 and 2, to deploy quantum-first solutions in the industries, geographies, and portfolios where SoftBank is already in […]
Irish Startup Could be Seeing $50m (€41m) in the Near-Term
Irish quantum computing start-up may raise $50m in coming years Read More… + Equal1, which has around 13 employees in Ireland, is developing a new type of quantum computer based on CMOS – a complementary metal-oxide semiconductor. + Unlike current quantum computers, which require very high costs to operate quantum bits frozen at a temperature […]
Goldman Sachs and QC Ware Pushing ‘Good Enough’ Quantum Computing to Quadratic Heights
Good piece from Penny Crossman. She describes how Goldman Sachs and QC Ware are squeezing out every possible angle to take the lead in quantum FinTech. Recommend reading from the source. Link is below. Because Quantum is Coming. Qubit Goldman Sachs moves a step closer to quantum computing Read More… + They’re taking advantage of […]
Acquisitions Strengthen and Define the Fledging Quantum Ecosystem, Here’s Another
Keysight Technologies Acquires Quantum Benchmark Keysight Technologies Acquires Quantum Benchmark Market-leading quantum computing solutions augment Keysight’s quantum portfolio Keysight Technologies, Inc. (NYSE: KEYS), a leading technology company that delivers advanced design and validation solutions to help accelerate innovation to connect and secure the world, announced May 25, 2021, it has acquired Quantum Benchmark, a leader […]
$100M + $45M = A Lot of $ for One Young Photonic Quantum Computing Company
Xanadu closes $100M USD Series B to build a fault-tolerant photonic quantum computer Xanadu (https://xanadu.ai), the world leader in photonic quantum computing, has announced it has raised $100M USD in Series B financing. Bessemer Venture Partners led the round with participation from Capricorn, Tiger Global, BDC Capital, In-Q-Tel, along with returning investors Georgian, OMERS, and Tim Draper. The round […]
This Time, Helium Shortage Could be Substantial. Canada to the Rescue?
Interesting read made even more interesting when you consider the possible implications. Because Quantum is Coming. Qubit Tech Giants Are Scrambling for This Rare Gas This could be one of the most critical supply squeezes of our lifetimes … for a gas that is oddly both abundant and rare. And tech giants are about to find […]