Announcing $38 Million Funding for Series B Financing Funding will enable Zapata to scale research and product development in support of quantum readiness across industries.
AlgoDynamix launches quantum computing for more powerful forecasting AlgoDynamix, the leader in behavioural based forecasting for financial markets, announced today [November 18, 2020] the launch
ITOCHU Announces Investment in Zapata Computing, Developer of Software for Quantum Computers ITOCHU Corporation (headquartered in Minato-ku, Tokyo; Yoshihisa Suzuki, President & COO; hereinafter “ITOCHU”)
“Made in China 2025” is China’s initiative to rein as world leader in technology — from telecommunications to artificial intelligence coupled with robots to quantum computing. A key accomplishment has been the over $10B put into their civilian-military quantum computing complex; this is aside from corporate mega-giants Huawei and Alibaba’s ‘commercial’ efforts.
Intel has produced its 49 qubit system, Tangle Lake, publicly revealing it this past January. Now, there is their silicon wafer. Each with 26 qubits, they do their work with quantum spin of electrons.
The near future for quantum computing: By 2023, expect quantum computing to be in wide use commercially.
New quantum startup, Zapata Computing’s (www.zapatacomputing.com), ultimate goal is to be the quantum algorithm superstore.
The European Space Agency is researching ways to incorporate quantum key distribution via its satellite network. Last week, the ESA signed a contract to develop a quantum cryptography telecommunication system; dubbed QUARTZ. The government plus commercial endeavor, is looking to provide reliability in the arena of secure cryptographic key distribution. Scalable and commercially available, the ESA and industry partners hope to produce this satellite network for QKD.
Quantum computing has a new team at the international governance level — Australia and France.
Recent comments from Google’s co-founder Sergey Brin keep quantum computing in the company’s spotlight. Add to quantum computing, AI and cryptocurrency are also high on Google’s agenda.
