Canada’s Military to Take Delivery of Quantum Computer
Anyon Systems to Deliver a Quantum Computer to the Canadian Department of National Defense Anyon Systems Inc. (“Anyon”), a quantum computing company based in Montreal, Canada, announced today that it is to deliver Canada’s first gate-based quantum computer for the Department of National Defense’s Defence Research and Development Canada (“DRDC”). The quantum computer will feature […]
Seeqc’s Hybrid Quantum Computing Platform Attracts LG Group Funding
Seeqc Announces LG Technology Ventures’ Participation in Series A Funding Round LG Group’s Strategic Investment Arm Joins Series A Round, Backs Proprietary SFQ Quantum Computing Platform December 15, 2020 08:00 AM Eastern Standard Time. ELMSFORD, N.Y. Seeqc, the Digital Quantum Computing company, today announced that LG Technology Ventures, an investment arm of the South Korean conglomerate […]
Phasecraft! Venture Capitalists Pour in £3.7M in Seed Funds
PHASECRAFT ANNOUNCES LARGEST SEED FUNDING ROUND FOR A UK QUANTUM COMPUTING COMPANY AND NEW TECHNOLOGY BREAKTHROUGHS Image: Phasecraft Founders Cubitt, Morton, Montanaro On the back of new quantum algorithm breakthroughs, Phasecraft has today closed a record seed round for a quantum computing company in the UK. Its new £3.7m seed funding round is led by VC firm […]
Airbus Sees Power ‘in the Collective’ to Harness Quantum Computing Technology
Airbus quantum computing challenge helps advance sustainable flight Airbus has concluded its global Quantum Computing Challenge (AQCC) announcing the winning team of the competition. The Italian team at Machine Learning Reply – a leading systems integration and digital services company part of Reply Group – won the challenge with their solution to optimise aircraft […]
Cambridge Quantum Computing Finishes Fall 2020’s Raking With $45M in Funding
Cambridge Quantum Computing Completes $45 Million Financing Cambridge Quantum Computing (CQC) has successfully completed a $45 million financing from investors including Honeywell Ventures, IBM Ventures, JSR Corporation, Serendipity Capital, Alvarium Investments and Talipot Holdings to further accelerate commercialization and consolidate its leadership position in quantum computing software and applications. “As quantum hardware continues to advance […]
U.K. Firm Phasecraft Demonstrates Quantum Computing Advance, Accelerating Timescale to Quantum Advantage
Phasecraft demonstrates significant quantum computing advance, bringing forward the timescale to reach quantum advantage Phasecraft optimised quantum algorithms for solving the notorious Fermi-Hubbard model on near-term hardware New peer-reviewed research study details how Phasecraft algorithms and analysis significantly lessen the quantum hardware capability needed to solve problems beyond classical computing The research findings, selected by […]
Australian Companies Archer and Max Kelsen Eye a Quantum AI Future
In an exciting step for the Australian quantum technology ecosystem; small-cap, deep-tech company Archer Materials Limited (“ASX: AXE”) has announced a collaboration agreement with Max Kelsen, a Queensland-based AI and machine learning business and recent AWS Partner of the Year. Both Archer and Max Kelsen are members of the global IBM Q Network, with Archer […]
IBM on Maximizing the Power of Cloud-Based Quantum Computing
Rethinking quantum systems for faster, more efficient computation Read More… + Our team is embarking on a journey toward dramatically more efficient execution of quantum workloads. Real workloads require interactions between quantum and classical processors. This is neither surprising nor a novel statement, as even “traditional” quantum algorithms like Shor’s algorithm have this structure. However, […]
Fidelity Exploring FinTech from Virtual Reality to Quantum Computing
The worth in this piece from the quantum computing standpoint is simple: Fidelity is testing out a new crypto data platform. It’s born out of the Fidelity Center for Applied Technology. FACT is the same location where Fidelity is known to be studying quantum computing. Some quick research turned up little as to what Fidelity […]
4.5M Euro Grant Hefted to Quantum Inspire Consortium to Monetize Quantum Computing
NWA funding for taking quantum technology to the public + The Quantum Inspire consortium has received a 4.5 million euro grant from the Dutch Research Council (NWO) to bring quantum technology closer to potential users. “We hope that different people from all parts of society will interact with Quantum Inspire, so that we can work […]