Quantum Business News
ETH Zurich and the Paul Scherrer Institute (PSI) establish a joint centre for the development of quantum computers. Its aim is to advance the realization of quantum computers based on both ion traps and superconducting
Towards ubiquitous connectivity The first steps towards a quantum internet were taken in the past decade by linking two quantum devices that shared a direct physical link. However, being able to pass on quantum information
Except for Value at Risk and option pricing, quantum algorithm are not often used to solve problems in finance. Indeed, such analysis are computationally too expensive to perform on classical computers. In this study, authors
Honeywell Quantum Solutions has achieved another milestone in its quest to develop the highest-performing quantum computers on the market. This week, the System Model H1 quadrupled its performance in terms of quantum volume and became the
IonQ is the first pure-play Quantum Computing company that comes public today. The deal will give IonQ $650 million in gross proceeds. The deal includes a $350 million PIPE that includes investments from Fidelity, Silver
Israel is seeking to build its first quantum computer, joining a global race for one of the world’s most important emerging technologies. The Ministry of Defense and Innovation Authority are taking bids from multinational companies,
Drug maker GlaxoSmithKline (GSK) is evaluating Quantum Computing for specific workloads that hit scalability and complexity walls with traditional architectures and approaches, specifically genetic algorithms. Specifically, the company wanted to understand how quantum computing might
An alliance between Forschungszentrum Jülich and the semiconductor manufacturer Infineon, together with institutes of the Fraunhofer-Gesellschaft (IAF, IPMS) as well as the Leibniz Association (IHP, IKZ), the universities of Regensburg and Konstanz and the quantum
D-Wave Systems has published a milestone study in collaboration with scientists at Google, demonstrating a computational performance advantage, increasing with both simulation size and problem hardness, to over 3 million times that of corresponding classical
Austria is getting a Quantum Internet. With the “Austrian Quantum Fiber Network” (AQUnet), an Austria-wide network of fiber optic cables is to be built that is suitable for the exchange of quantum information and precision
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