Chicago Quantum Exchange ‘Embiggens’ Itself With Six New Quantum Computing Partners
Chicago Quantum Exchange welcomes six new partners focused on advancing research, building a quantum economy The Chicago Quantum Exchange, a growing intellectual hub for the research and development of quantum technology, has added to its community six new partners in technology, finance, manufacturing, and consulting that are working to bring about and primed to take advantage […]
Too Much Hype? Quantum Computing is Fast Approaching the Peak of Mt. Hype
Extensive piece by Tom Brant in PC Magazine on the possible quantum computing industry having a long winter. (To emphasize the underlying point, Gartner has placed quantum computing just short of the summit of Mt. Hype. It’s on the precipice of falling into the ‘Trough of Disillusionment’.) Mr. Brant’s work is well worth the read. […]
QC Ware Teams up with Total to Advance Energy Resource Optimization
QC Ware Teams up with Total to Advance Energy Resource Optimization QC Ware today announced a joint research collaboration with Total, one of world’s largest energy companies, to explore quantum optimization algorithms. QC Ware’s quantum engineers and Total’s researchers worked together on a project focused on quantum computing’s potential to model continuous variables to run optimization use […]
IQM Rakes in €39 M in Series A funding
Europe is on its way to quantum leadership: IQM raises €39 M in Series A funding IQM Quantum Computers (IQM), the European leader in building superconducting quantum computers, announced October 10, 2020, that it has raised €39 M in Series A funding, bringing the total amount of funding raised to date to €71 M. This […]
Through Quantum Computing IBM May be Able to Write Its Own Ticket, or Not
IBM – Quantum Computing Does Not Equal Cash Read More… + Summary IBM recently released a new quantum computing technology roadmap, detailing its plans to release a 1,000+ qubit system by 2023, and eventually scaling well beyond 1,000 qubits. While exciting, IBM’s quantum computing initiatives must be considered in context: no practical quantum computing systems […]
Quantum Computing Industry Disruptions That Matter – Are We There Yet?
Will quantum computing disrupt any industries that matter, and how soon? Read More… + “The way I would see it,” said Sutor, “by the end of the decade, we’ll start to see little, scattered examples. And then there’ll be this reassessment: Scientists, software engineers, and [other] people will say, ‘What do I have, and how […]
ColdQuanta Brings in a Cool $32M to Accelerate Quantum Technology
ColdQuanta Raises $32M in Series A Funding to Accelerate Development of Quantum Systems ColdQuanta, the quantum atomics company, today announced it has raised $32M in Series A funding, with additional funding expected to close soon. The round was co-led by Global Frontier Investments and LCP Quantum Partners, with current investor Maverick Ventures and new investor […]
Cambridge Quantum Computing Joins Up With Honeywell’s System Model H1
Cambridge Quantum Computing Joins Exclusive Group Of Companies With Access To Honeywell’s Newly Launched Quantum Computer Cambridge Quantum Computing (CQC) today announced an agreement with Honeywell Quantum Solutions establishing access to Honeywell’s recently announced premium quantum computer – the System Model H1. Featuring Honeywell’s quantum charge-coupled device (QCCD) trapped ion technology, the System Model H1 […]
Siemens Digital Industries Software Expands Xcelerator™ Portfolio With Quantum Chemistry Model
Siemens adds multiscale chemistry modeling to Xcelerator portfolio with acquisition of Culgi Siemens announced today that it has signed an agreement to acquire Culgi, a computational chemistry software company with a focus on multiscale simulations in the process industries. Culgi will join Siemens Digital Industries Software, where its solutions will expand simulation capabilities of the Xcelerator™ […]
Industry Study: Integrating Wave Functions is Good, But the Quantum Workforce Needs Qubit-Building Physicists
Hands-On Lab Skills Key for Quantum Jobs Read More… + Quantum physics courses need updating, according to researchers who interviewed representatives from 21 US companies that specialize in designing and building technologies for quantum applications [1]. The interviews suggest that those graduating with bachelor’s degrees in physics may lack the skills they need to enter […]