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NEC: First Unit Cell for Scaling up to a Fully-connected Quantum Annealing Architecture

Tokyo, March 17, 2022 – NEC Corporation (NEC; TSE: 6701) has developed the world’s first LHZ scheme (*1) unit cell facilitating scaling up to a fully-connected architecture using superconducting parametron (*2) quantum bits (qubits). NEC has succeeded in demonstrating quantum annealing operations using these qubits, which will enable high accuracy calculations. Via this achievement, NEC has made […]

DPCM Capital Files Statement for Proposed Business Combination with D-Wave

MIAMI, PALO ALTO and BURNABY, British Columbia — DPCM Capital, Inc. (NYSE: XPOA), a publicly traded special purpose acquisition company (“DPCM Capital”), today announced the filing with the U.S. Securities and Exchange Commission (the “SEC”) by D-Wave Quantum Inc., a wholly-owned subsidiary of DPCM Capital (“D-Wave Quantum”), of a registration statement on Form S-4 (the “Registration […]

Quantum Start-up Alice&Bob Raises Є27M; Claims Error Correction Breakthrough

PARIS, 10 March, 2022: — French quantum computing startup Alice&Bob today announced what it said is an advance towards the first marketable quantum computer. “In a major scientific breakthrough, Alice&Bob has eliminated one of the main barriers to, and significantly reduced the complexity of, delivering a functional quantum computer – a goal that could now […]

Canadian Start-Ups Receive US Air Force Grant to Investigate Platforms for Quantum Information

Montreal, March 10, 2022 – A recently awarded grant of $450,000 USD from the US Air Force Research Laboratory’s basic research office, the Air Force Office of Scientific Research (AFOSR) will enable two Canadian start-ups, Ki3 Photonics and Quantum Bridge Technologies, to explore highly-entangled states of light towards cutting-edge functionalities in telecommunications and computing. “We’re […]

Pasqal and ARAMCO Collaborate on Quantum Applications for Energy Industry

Riyadh, Saudi Arabia — March 9, 2022 – Pasqal, a developer of neutral atom-based quantum technology, and ARAMCO announced the signing of an MoU to collaborate on quantum computing applications in the energy sector. Objectives include accelerating the development of quantum-based machine learning models as well as advancing other use cases for the technology across […]

IonQ’s Barium Systems Demonstrate Qubit Readout Performance

COLLEGE PARK, MD – March 3, 2022 – Quantum computing company IonQ (NYSE: IONQ) today published results from its new barium-based quantum computer showing its state detection fidelity. The results reflect a 13x reduction in state preparation and measurement (SPAM) errors, a metric core to producing accurate and reliable quantum computers. On a per-qubit basis, […]

D-Wave, CaixaBank Group Collaborate on Quantum for Finance Industry

Valencia, Spain and Burnaby, BC, Canada – March 3, 2022 – CaixaBank, a financial group in Spain, and D-Wave Systems Inc., a quantum computing systems, software and services company, today announced the business results for two significant financial quantum hybrid computing applications for investment portfolio optimization and investment hedging calculation. The quantum hybrid applications have […]

Quantum: Rigetti Announces Nasdaq SPAC

In what may be another indication of quantum viability, for the second time in less than a month, a quantum computing company has gone public. Hybrid quantum-classical computing startup Rigetti Computing (Nasdaq: RGTI) and special purpose acquisition company (SPAC) Supernova Partners Acquisition Company II, Ltd. (NYSE: SNII) today announced the completion of their “business combination” […]

Quantum: IonQ Claims 20 Algorithmic Qubits

Feb. 23, 2022 — Today, IonQ (NYSE: IONQ) announced that IonQ Aria, the company’s latest quantum computer, has achieved a record 20 algorithmic qubits and has furthered its lead as the most powerful quantum computer in the industry based on standard application-oriented industry benchmarks. IonQ Aria, currently available for customers in private beta, has the potential […]

Rigetti Reports 99.5% Fidelities on Quantum-Classical Chip

Berkeley, CA, Feb. 17, 2022 — Quantum-classical systems developer Rigetti Holdings announced today it has achieved entangling gate fidelities as high as 99.5% on its next-generation chip architecture, “crossing what is believed to be a key threshold for commercial quantum computing,” the company said. The results follow the company’s recent announcements on scalability and speed […]