HSBC and Quantinuum Explore Quantum Computing in Financial Services

CAMBRIDGE, UK and BROOMFIELD, CO, May 30, 2023 – Quantum computing company Quantinuum and London-headquartered bank and financial services group HSBC have announced exploratory projects looking at potential benefits of quantum computing for banking with specific projects in cybersecurity, fraud detection and natural language processing. Philip Intallura, Global Head of Quantum Technologies at HSBC said […]

HPC Industry Veteran Raj Hazra Named CEO of Quantinuum

Tokyo, Cambridge, UK, Broomfield, CO — Feb. 14, 2023 — Quantum computing company Quantinuum today announced that HPC industry veteran Rajeeb (Raj) Hazra has been appointed chief executive officer. Quantinuum was formed in 2021 by the combination of Honeywell Quantum Solutions and Cambridge Quantum’s middleware and applications. Hazra has more than three decades of experience […]

Quantinuum Says It’s Near Quantum Error Correction Break-even Point

Quantinuum, which joins Cambridge Quantum software with Honeywell Quantum trapped-ion hardware, today announced it is close to a breakeven point in quantum error correction.

Quantinuum: Hardware Upgrade Completed with 20 Connected Qubits

BROOMFIELD, Colo., June 14, 2022 – Quantinuum today announced an upgrade to its System Model H1 technology that includes expanding to 20 fully connected qubits and increasing the number of quantum operations that can be completed in parallel. “The improvements significantly bolster the computational capabilities of the  H1-1 quantum computer, Powered by Honeywell, which has set numerous industry records […]

Quantinuum Announces Quantum Volume 4096 Achievement  

Quantum computing development company Quantinuum announced that the System Model H1-2 doubled its performance “to become the first commercial quantum computer to pass Quantum Volume 4096, a benchmark introduced by IBM in 2019 to measure the overall capability and performance of quantum computers.”   It marks the sixth time in two years that Quantinuum’s H-Series hardware, […]

Quantinuum Updates to Quantum Natural Language Processing Toolkit lambeq

OXFORD, UK — MARCH 29, 2022 — The quantum natural language processing team at Quantinuum, an integrated quantum computing company, has released an update to its open-source Python library and toolkit, lambeq (pronounced “lambek”). lambeq converts  natural language sentence into a quantum circuit, ready to be realised on a quantum computer. The new release has […]

Honeywell Quantum and Cambridge Quantum Combine to Form Quantinuum

CAMBRIDGE, UK and BROOMFIELD, CO., Nov. 30, 2021 – Two companies in the quantum computing industry have combined to create Quantinuum, aimed at accelerating development of quantum computing and innovation of quantum technologies in a platform agnostic manner to deliver quantum-enabled solutions for intractable problems that classical computers have not been able to solve. Cambridge […]