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IBM Quantum Promises 4,000-Qubit Processor in 2025, Envisions ‘Quantum-Centric Supercomputing’

At its Think 2022 conference this week, IBM declared its intent to deliver a 4,000+ qubit processor (“Kookaburra”) built with multiple clusters of scaled quantum computing processors. The updated quantum plan comes a year after IBM’s last roadmap announcement at Think 2021, in which IBM doubled down on delivering a 1,121-qubit processor by 2023.  Now […]

Classiq Announces $25K Quantum Circuits Challenge

TEL AVIV – May 11, 2022 – Quantum computing software company Classiq today announced the Classiq Coding Competition, rewarding those that create highly-efficient quantum circuits to solve important real-world problems. Quantum computers have limited resources, so building compact, optimized solutions that can make maximum use of those resources is critical, the company said. “Creating efficient […]

Collaboration Reports Milestone for Neutral Atom Quantum Computing

BOULDER, CO, April 20, 2022 — ColdQuanta, Riverlane and the University of Wisconsin–Madison, today announced they have successfully run a quantum algorithm on a cold atom qubit array system, codenamed “AQuA,” which the three companies say is an industry first “that brings quantum computing one step closer to real world applications.” The milestone was conducted at the University of Wisconsin–Madison […]

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, […]

World Quantum Day: Bank of Canada in Quantum Simulation of Cryptocurrency POC with Multiverse

 Toronto – April 14, 2022 – The Bank of Canada, a G7 central bank, and Multiverse Computing, a developer of quantum computing solutions for the financial industry and other sectors, announced completion of a proof-of-concept project using quantum computing to simulate the adoption of cryptocurrency as a method of payment by non-financial firms. The quantum […]

$25M Federal Funding for Quantum R&D for GlobalFoundries and PsiQuantum

Federal funding of $25 million has been awarded to semiconductor manufacturer GlobalFoundries and quantum development company PsiQuantum for quantum computing research and development. This funding, secured as a part of the recently passed Fiscal Year 2022 spending package, is intended to expand research conducted by the Air Force Research Laboratory in Rome, New York to […]

Quantum Brilliance Launches Quantum Research Hub with La Trobe and RMIT Universities

MELBOURNE, April 8, 2022 – Quantum Brilliance, a German-Australian provider of  quantum computing hardware and software, today announced a joint research and development hub with La Trobe University and RMIT University to enhance the computational power of diamond-based quantum computers with techniques that can transition to manufacturing systems in large volumes. At the newly established Research Hub […]

Q-CTRL Partners with Paul Scherrer Institute to Support Quantum Computing Scale-up

SYDNEY, March 30, 2022 – Q-CTRL, a developer of quantum technologies, today announced a partnership with The Paul Scherrer Institute (PSI), a research institute for natural and engineering sciences in Switzerland, to pioneer R&D in the scale-up of quantum computers. This partnership builds on the collaboration of PSI and ETH Zurich, one of the world’s […]

Quantum: Multiverse Computing Submits 22 Patent Applications for 2021 Research

 TORONTO and SAN SEBASTIÁN, SPAIN – March 29, 2022 – Multiverse Computing, developer of quantum computing solutions for the financial industry and other industries, today announced it submitted 22 patents from its research efforts in 2021. Eleven of the patents were filed in the United States with the remainder filed in Europe. Ranging from hybrid […]

Classiq Collaborates with NVIDIA on Quantum

TEL AVIV, Israel — Classiq, provider of a platform for creating quantum software, today announced a collaboration with NVIDIA to bring large-scale quantum circuits to customers. Now, businesses and other organizations can prepare for and explore the benefits of larger quantum circuits before the hardware is available. “Working with Classiq allows customers to expedite the […]