Dynex has announced a 10-year plan to transition from GPU emulation to silicon quantum chips, aiming for 25% market share by 2034. The strategy includes the launch of the Apollo Silicon Quantum Chip in 2025, scaling to 1 million qubits over the decade. A $50 million venture capital round will support the company’s growth and partnerships across industries.
ColdQuanta announced, today, a $110 million Series B round of funding to continue commercializing the company’s product portfolio, including quantum computing, quantum algorithms and applications, atomic clocks, sensors, and components.
Following on a proposal written by the consortium led by Professor Andrew Forbes from the Wits School of Physics, the DSI committed the first tranche of funding up until March 2025 to set up SA QuTI. It involves establishing quantum nodes at five centres… and eventually increasing the number of active centres across the country by finding and supporting new emerging quantum leaders.
