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Tag: Future Technology

Quantum Brilliance Named Partner in $17.5M German Quantum Research Project

STUTTGART, Germany, March 9, 2022 —- Quantum Brilliance, a German-Australian manufacturer of innovative quantum computing hardware, today announced it is the commercialization partner in a $17.5 million research project funded by the German government to develop a compact, scalable quantum computer demonstrator with spin-photon qubits leveraging synthetic diamonds. Led by the Fraunhofer Institute for Applied Solid State […]

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Pasqal and ARAMCO Collaborate on Quantum Applications for Energy Industry

Riyadh, Saudi Arabia — March 9, 2022 – Pasqal, a developer of neutral atom-based quantum technology, and ARAMCO announced the signing of an MoU to collaborate on quantum computing applications in the energy sector. Objectives include accelerating the development of quantum-based machine learning models as well as advancing other use cases for the technology across […]

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IonQ’s Barium Systems Demonstrate Qubit Readout Performance

COLLEGE PARK, MD – March 3, 2022 – Quantum computing company IonQ (NYSE: IONQ) today published results from its new barium-based quantum computer showing its state detection fidelity. The results reflect a 13x reduction in state preparation and measurement (SPAM) errors, a metric core to producing accurate and reliable quantum computers. On a per-qubit basis, […]

The post IonQ’s Barium Systems Demonstrate Qubit Readout Performance appeared first on insideHPC.

D-Wave, CaixaBank Group Collaborate on Quantum for Finance Industry

Valencia, Spain and Burnaby, BC, Canada – March 3, 2022 – CaixaBank, a financial group in Spain, and D-Wave Systems Inc., a quantum computing systems, software and services company, today announced the business results for two significant financial quantum hybrid computing applications for investment portfolio optimization and investment hedging calculation. The quantum hybrid applications have […]

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Quantum: Rigetti Announces Nasdaq SPAC

In what may be another indication of quantum viability, for the second time in less than a month, a quantum computing company has gone public. Hybrid quantum-classical computing startup Rigetti Computing (Nasdaq: RGTI) and special purpose acquisition company (SPAC) Supernova Partners Acquisition Company II, Ltd. (NYSE: SNII) today announced the completion of their “business combination” […]

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Quantum: IonQ Claims 20 Algorithmic Qubits

Feb. 23, 2022 — Today, IonQ (NYSE: IONQ) announced that IonQ Aria, the company’s latest quantum computer, has achieved a record 20 algorithmic qubits and has furthered its lead as the most powerful quantum computer in the industry based on standard application-oriented industry benchmarks. IonQ Aria, currently available for customers in private beta, has the potential […]

The post Quantum: IonQ Claims 20 Algorithmic Qubits appeared first on insideHPC.

Rigetti Reports 99.5% Fidelities on Quantum-Classical Chip

Berkeley, CA, Feb. 17, 2022 — Quantum-classical systems developer Rigetti Holdings announced today it has achieved entangling gate fidelities as high as 99.5% on its next-generation chip architecture, “crossing what is believed to be a key threshold for commercial quantum computing,” the company said. The results follow the company’s recent announcements on scalability and speed […]

The post Rigetti Reports 99.5% Fidelities on Quantum-Classical Chip appeared first on insideHPC.

Quantum Company D-Wave Going Public

BURNABY, British Columbia & PALO ALTO, Calif. & MIAMI — D-Wave Systems Inc., a quantum computing systems, software and services company announced today definitive transaction agreement with DPCM Capital, Inc. (NYSE: XPOA), a publicly traded special purpose acquisition company (“DPCM Capital”). Upon closing of the transaction, which is expected in the second quarter of this […]

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