Quantum Business News
PsiQuantum, a 5-year-old startup based in Palo Alto, building a scalable, fault tolerant, silicon photonic quantum computer, has just raised $215 million, as we announced yesterday. The startup aims to build a computer with 1
PsiQuantum, a startup building a scalable, fault tolerant, silicon photonic quantum computer, joins the M12 portfolio. M12 is the Microsoft’s venture fund. PsiQuantum’s approach is different from Microsoft’s efforts in topological qubits (Microsoft’s approach would
HQS Quantum Simulation and Alpine Quantum Technologies (AQT) have announced they have entered a global strategic partnership, combining HQS’s experience in providing software to facilitate the upcoming revolution in computer-aided materials design with AQT’s know-how
IBM and the National University of Singapore (NUS) have embarked on a three-year collaboration to find ways to use quantum computing to solve real-world problems and train quantum scientists. The collaboration between IBM and NUS,
Fujitsu Laboratories and Quantum Benchmark announced that they will conduct joint research on quantum algorithms using Quantum Benchmark’s error suppression technology as they aim to advance the capabilities of current generation quantum computing platforms. Quantum
Rigetti Computing has been awarded up to $8.6 million from the Defense Advanced Research Projects Agency (DARPA), as part of a larger collaboration with the NASA Quantum Artificial Intelligence Laboratory (QuAIL) and Universities Space Research Association (USRA),
Quantum Machines (QM), an Israeli startup, funded with $5.5 million by Battery Ventures and TLV Partners, has just announced that it has raised $17.5 million more in venture capital. Israeli entrepreneur Avigdor Willenz and venture
UK-based startup Polaris Quantum Biotech (PQB) is coming out of stealth mode to launch a new drug discovery platform with Fujitsu. Under the partnership, the platform will use Fujitsu’s quantum-inspired Digital Annealer to search an exponentially larger
In order to strategically position Baden-Württemberg as a research location in this forward-looking area, leading research institutions and institutes have joined together to form a nationwide network. The competence network “Quantum Technology – Baden-Württemberg” (QT BW )
J.P. Morgan Chase wants to develop new ways for quantum computing to help the financial services company support its customers. The well-known financial company has partnered with Honeywell to figure it out and to develop
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