Tagged: quantum computers

October 18, 2023 @ 9:54 pm By Omar Faridi  |  

UBS (NYSE:UBS) is partnering with the Geneva Science and Diplomacy Anticipator Foundation (GESDA), CERN, the Swiss Federal Department of Foreign Affairs, and Swiss higher-education institutions ETH Zurich and EPFL to create the Open Quantum Institute (OQI), which is being launched today in Geneva. Through science… Read More

October 15, 2023 @ 1:54 pm By Omar Faridi  |  

Accenture (NYSE: ACN) announced an investment through Accenture Ventures in Aliro Quantum, a provider of multi-purpose, end-to-end entanglement-based secure quantum networks. The investment will help Accenture and Aliro equip clients “with secure quantum networks that establish safe and secure data and communications.” Quantum computing uses… Read More

July 27, 2023 @ 8:24 pm By Omar Faridi  |  

Q-CTRL, a global firm focused on developing useful quantum technologies through quantum control infrastructure software, announced the addition of Morpheus Ventures as a new investor in their record-setting Series B funding round, which has raised $54 million USD. Morpheus Ventures, “known for its expertise in… Read More

June 12, 2023 @ 6:11 am By Omar Faridi  |  

Toshiba Digital Solutions Corporation and Classiq Technologies Ltd. signed a technology collaboration agreement in the gate-based quantum computing. Quantum computers are next-generation technologies “that have the potential to efficiently solve problems that conventional computers could not solve or take a very long time to solve… Read More

June 2, 2023 @ 3:17 pm By Omar Faridi  |  

Quantinuum, which claims to be one of the world’s largest quantum computing companies, and HSBC are pleased “to announce a series of exploratory projects that exploit the potential near- and long-term benefits of quantum computing for banking with specific projects in cybersecurity, fraud detection, and… Read More

April 25, 2023 @ 8:42 am By Omar Faridi  |  

Quantum engineering company Riverlane announced it has raised £15 million in a Series B funding. The investment round was “led by Molten Ventures and included participation from simulation, high-performance computing (HPC), and artificial intelligence leader Altair and returning investors Cambridge Innovation Capital (CIC), Amadeus Capital… Read More

March 6, 2023 @ 4:04 pm By Omar Faridi  |  

Quantum Brilliance, the developer of room-temperature miniaturized quantum computing products and solutions, announced the launch of its Qristal software suite, “enabling R&D teams to explore integrating quantum systems in real-world applications in a critical step towards practical utility of the technology.” With Qristal, developers and… Read More

February 16, 2023 @ 4:47 am By Omar Faridi  |  

Quantum Brilliance, the developer of room-temperature miniaturized quantum computing products and solutions, announced an $18 million fundraise. Investors reportedly “include Breakthrough Victoria, Main Sequence, Investible, Ultratech Capital Partners, MA Growth Ventures, Jelix Ventures, Rampersand and CM Equity Partners.” Quantum Brilliance will “use the funding to… Read More

January 9, 2023 @ 11:47 pm By Omar Faridi  |  

Oxford Ionics – the startup solving the critical scalability issues facing the future of quantum computing, has raised £30 million in Series A funding from some of the “world’s leading” quantum and tech investors. The investment round was “led by Oxford Science Enterprises and Braavos… Read More

December 17, 2022 @ 2:30 pm By Omar Faridi  |  

Global Quantum Intelligence (GQI), a market and business intelligence firm steeped in quantum technology experience and solely dedicated to this sector, has just launched and claims it is already “serving major vendors and users, as well as governments and investors keen on gathering authoritative intelligence… Read More

December 11, 2022 @ 4:27 pm By Omar Faridi  |  

Quantum Computing Inc. (QCI) (NASDAQ: QUBT), a key player focused on accessible full stack quantum solutions, announced that it will work together with Rabobank, which claims to be one of the world’s largest banks in its sectors, “for a project to demonstrate the application of… Read More

December 7, 2022 @ 9:47 pm By Omar Faridi  |  

Q-CTRL, which claims to be a global leader in infrastructure software for quantum technology, announced the release of Fire Opal, which is described as “a user-friendly software package designed to enable algorithm developers to get useful results from today’s imperfect quantum computers.” The announcement was… Read More

November 23, 2022 @ 7:30 pm By Omar Faridi  |  

Q-CTRL, which claims to be a global leader in quantum control infrastructure software, and Classiq, a key player focused on quantum algorithm development software, announced a partnership “to provide an end-to-end platform for designing, executing, and analyzing quantum algorithms.” The new partnership will “integrate Classiq‘s… Read More

October 11, 2022 @ 5:56 pm By Omar Faridi  |  

The protections and purchasing power of contactless payments took a step forward as Mastercard (NYSE: MA) announced the approval of the first cards for issuers that are compatible “with the new EMVCo contactless specifications designed to protect against attacks from both traditional and quantum computers.” Quantum… Read More

September 27, 2022 @ 2:48 pm By Omar Faridi  |  

Classiq, which claims to be the leader in quantum computing software, announced another significant expansion of its series B round to $49M by Canadian-Israeli VC Awz Ventures, from “an initial closing of $36M by strategic investors—in the largest quantum software round to date.” Awz Ventures… Read More

September 22, 2022 @ 11:16 pm By Omar Faridi  |  

As quantum computing creates vast new possibilities to analyze and solve complex problems that are unsolvable by today’s computers, it also has the potential “to disrupt entire industries and create significant new risks for financial firms by making even the most highly protected computer systems… Read More

July 19, 2022 @ 4:18 pm By Omar Faridi  |  

D-Wave Systems Inc., which claims to be a leader in quantum computing systems, software, and services, and the “only” company building both quantum annealing and gate-based quantum computers, and Mastercard (NYSE: MA) announced a multi-year strategic alliance “to champion the acceleration and adoption of quantum… Read More

July 7, 2022 @ 12:27 pm By Omar Faridi  |  

QuiX Quantum, a producer of quantum processors, has secured a €5.5 million seed round investment from PhotonDelta, FORWARD.one and Oost NL. The funding will “take QuiX a step closer to creating the world’s most powerful photonic quantum computer.” It also marks “the first major investment… Read More

June 18, 2022 @ 3:03 pm By Omar Faridi  |  

The Bank for International Settlements (BIS) Innovation Hub is announcing a new set of projects across its various centers, “updating its 2022 work program.” They include the first three projects of the upcoming Eurosystem Centre and the first in-depth explorations in cybersecurity. The Eurosystem Centre… Read More

May 7, 2022 @ 4:39 pm By Omar Faridi  |  

API3, the first-party blockchain Oracle solution offering a “seamless” Web3 wrapper that enables web API providers to offer their data directly on-chain, recently announced that API3 QRNG, based on the Australian National University (ANU) Quantum Numbers API, “is now live, allowing Web3 entities to access… Read More