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D-Wave Lands $50M Funding for Next Generation Quantum Computers

Today D-Wave Systems announced that it has received up to $50 Million in funding from PSP Investments. This facility brings D-Wave’s total funding to approximately US$200 million. The new capital is expected to enable D-Wave to deploy its next-generation quantum computing system with more densely-connected qubits, as well as platforms and products for machine learning applications. “This commitment from PSP Investments is a strong validation of D-Wave’s leadership in quantum computing,” said Vern Brownell, CEO of D-Wave. “While other organizations are researching quantum computing and building small prototypes in the lab, the support of our customers and investors enables us to deliver quantum computing technology for real-world applications today. In fact, we’ve already demonstrated practical uses of quantum computing with innovative companies like Volkswagen. This new investment provides a solid base as we build the next generation of our technology.”

Fujitsu and 1QBit Collaborate on Quantum-Inspired AI Cloud Service

Today Fujitsu and 1QB Information Technologies Inc. announced that they are collaborating on quantum-inspired technology in the field of artificial intelligence, focusing on the areas of combinatorial optimization and machine learning. The companies will work together in both the Japanese and global markets to develop applications which address industry problems using AI developed for use with quantum computers.

Panel Discussion on Disruptive Technologies for HPC

In this video from the HPC User Forum, Bob Sorensen from Hyperion Research moderates a panel discussion on Disruptive Technologies for HPC. “A disruptive innovation is an innovation that creates a new market and value network and eventually disrupts an existing market and value network, displacing established market leading firms, products and alliances. The term was defined and phenomenon analyzed by Clayton M. Christensen beginning in 1995.”

Rambus Collaborates with Microsoft on Cryogenic Memory

“With the increasing challenges in conventional approaches to improving memory capacity and power efficiency, our early research indicates that a significant change in the operating temperature of DRAM using cryogenic techniques may become essential in future memory systems,” said Dr. Gary Bronner, vice president of Rambus Labs. “Our strategic partnership with Microsoft has enabled us to identify new architectural models as we strive to develop systems utilizing cryogenic memory. The expansion of this collaboration will lead to new applications in high-performance supercomputers and quantum computers.”

Radio Free HPC Looks at Quantum Startup Rigetti Computing

In this podcast, the Radio Free HPC team looks at the week’s top stories: Quantum Startup Rigetti Computing Raises $64 Million in Funding, Rex Computing has their low-power chip, and Intel is shipping their Optane SSDs.

Quantum Startup Rigetti Computing Raises $64 Million in Funding

Today Rigetti Computing, a leading quantum computing start-up, announced it has raised $64 million in Series A and B funding. “Quantum computing will enable people to tackle a whole new set of problems that were previously unsolvable,” said Chad Rigetti, founder and chief executive officer of Rigetti Computing. “This is the next generation of advanced computing technology. The potential to make a positive impact on humanity is enormous.”

Quantum Artificial Intelligence Lab to Install D-Wave 2000Q System

Today D-Wave Systems announced that Google, NASA, and Universities Space Research Association (USRA) have elected to upgrade to the new D-Wave 2000Q system. The upgraded system will support research on how quantum computing can be applied to artificial intelligence, machine learning, and difficult optimization problems. The new system will be the third generation of D-Wave technology installed at Ames,” said D-Wave CEO Vern Brownell. “We are pleased that Google, NASA, and USRA value the increased performance embodied in our latest generation of technology, the D-Wave 2000Q system, for their critical applications.”

D-Wave Collaborates with Virginia Tech on Quantum Computing

Today D-Wave Systems and Virginia Tech announced a joint effort to provide greater access to quantum computers for researchers from the Intelligence Community and Department of Defense. D-Wave and Virginia Tech will work towards the creation of a permanent quantum computing center to house a D-Wave system at the Hume Center for National Security and Technology. “Both D-Wave and Virginia Tech recognize how vital it is that quantum computing be accessible to a broad community of experts focused on solving real-world problems,” said Bo Ewald, president of D-Wave International. “One of the many reasons we chose to work with Virginia Tech is their strong relationships with the intelligence and defense communities. A key area of focus will be to work with federal agencies towards the creation of a quantum computing center at the Hume Center.”

IBM to Build Commercially Available Quantum Computing Systems

“IBM has invested over decades to growing the field of quantum computing and we are committed to expanding access to quantum systems and their powerful capabilities for the science and business communities,” said Arvind Krishna, senior vice president of Hybrid Cloud and director for IBM Research. “Following Watson and blockchain, we believe that quantum computing will provide the next powerful set of services delivered via the IBM Cloud platform, and promises to be the next major technology that has the potential to drive a new era of innovation across industries.”

D-Wave Rolls Out 2000 Qubit System

“D-Wave’s leap from 1000 qubits to 2000 qubits is a major technical achievement and an important advance for the emerging field of quantum computing,” said Earl Joseph, IDC program vice president for high performance computing. “D-Wave is the only company with a product designed to run quantum computing problems, and the new D-Wave 2000Q system should be even more interesting to researchers and application developers who want to explore this revolutionary new approach to computing.”