Quantum Computing Report

3 Nov 2026

FirstQFM Demonstrates Quantum Reservoir Computing on Rigetti’s 108-Qubit Processor to Outperform Classical Financial Benchmarks

FirstQFM, in collaboration with SW7 Group and Rigetti Computing, has successfully demonstrated a financial forecasting pilot using quantum reservoir computing (QRC) on Rigetti’s 108-qubit processor. This QRC system outperformed classical machine learning models and time-series foundation models in financial benchmarks, achieving significantly higher cumulative gross profit and loss and Sharpe…

3 Nov 2026

Quint Computing Secures €9.1M ($10.2M USD) Seed Round to Scale Hardware-Level Quantum Error Correction

Quint Computing, a quantum hardware startup, secured €9.1 million ($10.2 million USD) in seed funding and a €2.2 million EIC Pathfinder grant. This funding will support the commercialization of their architecture, which aims to reduce physical error-correction overhead by up to 100 times. Their patented design uses continuous electrical control…

2 Nov 2026

Alice & Bob Demonstrates Multi-Hour Physical Bit-Flip Suppression on Single-Cat and Helium 2 Processors

Alice & Bob has achieved a significant breakthrough in quantum computing, demonstrating macroscopic bit-flip lifetimes exceeding one hour on their bosonic cat-qubit hardware. Their single-qubit device showed an average idle bit-flip lifetime of 44 minutes, while their 12-qubit Helium 2 processor achieved lifetimes of over three to four hours. This…