Explore the potential, challenges, and future of Quantum Computing.
Quantum Computing
Honeywell’s quantum computing subsidiary, Quantinuum, has secured about $600 million in new funding, doubling its valuation to $10 billion in less than a year. The announcement came Thursday, underscoring accelerating investor interest in quantum technologies. The round was led by a mix of new and existing backers. Fresh investments
Quantum Computing
Nearly 80 years after hosting the world’s first atomic bomb tests, New Mexico is aiming to shape another transformative technology: quantum computing. The state announced plans Tuesday to invest $315 million into quantum companies, fabrication facilities, and infrastructure, including a quantum network to connect labs and businesses. Building a
Quantum Computing
IQM Quantum Computers, a university spinout based in Finland, has joined the ranks of unicorns after closing a $300+ million Series B round led by Ten Eleven Ventures, a U.S. investment firm specializing in cybersecurity. The raise brings IQM’s total funding to date to around $600 million, solidifying
Quantum Computing
In a landmark announcement that could redefine the future of computation, IBM has unveiled its ambitious roadmap to deliver the world’s first large-scale, fault-tolerant quantum computer—IBM Quantum Starling—by 2029. This development marks a critical inflection point in the journey from experimental quantum prototypes to practical, scalable quantum
Manufacturing
IBM announced a sweeping $150 billion investment plan in the United States over the next five years, a bold move aimed at strengthening American leadership in advanced computing, manufacturing, and artificial intelligence. As part of the commitment, IBM will allocate over $30 billion specifically to expand domestic manufacturing of its
Quantum Computing
In a historic breakthrough for quantum computing, D-Wave Systems announced it has successfully simulated the properties of magnetic materials using its Advantage2 quantum annealing computer. The achievement, detailed in a paper published in Science, marks what the company calls the first demonstration of quantum supremacy on a real-world, useful problem—
Quantum Computing
Amazon Web Services (AWS) has officially stepped into the quantum computing hardware space with the launch of its first quantum computing chip, Ocelot. This move places AWS alongside cloud giants Microsoft and Google, which have recently introduced their own quantum chips, Majorana and Willow, respectively. A Strategic Leap into Quantum
Quantum Computing
Microsoft has announced a major breakthrough in quantum computing with the unveiling of the Majorana 1 processor, a quantum chip that could revolutionize industrial-scale problem-solving. After 17 years of research, the company has successfully developed a new material and architecture that could pave the way for quantum computers with unprecedented
Quantum Computing
Quantum computing, often described as the “holy grail” of technology, promises unprecedented computing power. However, high fault rates have kept the technology from scaling effectively. Paris-based startup Alice&Bob aims to tackle this challenge head-on. The company has secured €100 million ($104 million) in a Series B funding round
Business Insights
Alphabet stock soars on Tuesday, driven by a groundbreaking advancement in quantum computing and growing confidence in the company’s AI tools and future growth. On Monday, Alphabet unveiled its Willow chip, a leap forward in quantum technology. The chip performed a benchmark computation test in under five minutes—a
Quantum Computing
Google has unveiled its new quantum computing chip, “Willow”, which claims to solve problems in just five minutes that would take the world’s fastest supercomputers a staggering 10 septillion years to complete. This marks a significant milestone in the race for practical quantum computing – a field poised to revolutionize
Quantum Computing
Scientists at Nanyang Technological University (NTU), Singapore, have made a groundbreaking discovery in quantum computing. They developed a method to produce entangled photon pairs using ultra-thin materials, shrinking the size of critical quantum components by up to 1,000 times. This innovation could lead to simpler, more compact quantum systems