dougfinke

Image of an EeroQ quantum device for single electron trapping and control. Credit: Eeroq EeroQ has reported a significant experimental breakthrough for its electron-on-helium quantum computing platform, publishing results this week in Physical Review X that could ease one of the biggest engineering challenges in building scalable quantum systems: extreme cooling requirements. In the paper, Sensing and Control of Single Trapped Electrons Above 1 Kelvin, EeroQ researchers describe the first demonstration of trapping, detecting, and controlling individual electrons on superfluid helium at temperatures exceeding 1 K. This marks an increase of more than two orders of magnitude over previous experiments, which [...]

by Doug Finke We are starting to hear more and more press releases that claim "Quantum Advantage". It is great to hear that researchers are making progress in successfully completing more and more complex calculations with a quantum computer. And even better to hear that some of these applications might be applicable to real world problems. But it is important to distinguish between Proof-of-Concept (POC) experiments that result in a Nature paper that never go any further versus something that will be used to provide real economic value. So here is the question we always ask when we hear a new [...]

Atlantic Quantum has announced it will be joining up with Google Quantum AI to accelerate the team's progress in creating fault tolerant quantum computers. It is not yet known right now what is exactly meant by "Joining Up" as it could indicate an acquisition, a development partnership, employee hire and asset purchase, or some other arrangement between the two companies, but we expect this to be clarified in the future. Atlantic Quantum, which was spun out from an MIT lab in 2022, has offices in Cambridge, Massachusetts and Gothenburg, Sweden. The company brings in some interesting technologies which could be quite [...]

By Rob Ford, 5WPR Managing Partner & EVP Quantum computing has captured the imagination of technologists, investors, and the public alike. Its potential to transform industries from finance and logistics to pharmaceuticals and cybersecurity is immense. Yet the technology is still emerging, and the gap between its current capabilities and its potential often leads to inflated expectations. For PR and marketing professionals working in this space, the challenge is clear. How do you communicate the promise of quantum computing without overselling while still generating excitement and credibility? Understanding the Quantum Hype Curve The concept of the hype curve, popularized by Gartner, illustrates [...]

Convening Quantum Conversations Overview In this episode of The Quantum Spin by HKA, host Veronica Combs talks with Karina Robinson, CEO at Redcliffe Advisory and founder of the City Quantum and AI Summit. The discussion explores Karina's journey into the quantum industry, the inspiration behind the City Quantum Summit and the intricacies of advising CEOs on emerging technologies. The episode also covers the broader implications of quantum advancements on global growth and security.  00:00 Introduction to Quantum Spin Podcast00:34 Meet Karina Robinson: From Politics to Quantum02:06 The City Quantum Summit: Origins and Evolution05:02 Geopolitics and Quantum Technology09:09 Multiverse Computing and AI [...]

Regulatory Approval for Oxford Ionics Acquisition IonQ has announced regulatory approval from the UK Investment Security Unit (ISU) for the Acquisition of Oxford Ionics. The approval is conditioned upon IonQ agreeing that it will "host current and future generations of Oxford Ionics’ trapped-ion quantum computing hardware in the UK to allow for its independent assessment and validation on request as part of current or future government programmes or contracts and to maintain Oxford Ionics’ science, engineering and infrastructure functions in the UK, including suitably qualified and experienced personnel, tangible and intangible assets and manufacturing capacity related to the development of trapped-ion [...]

Setting Sail Toward the Quantum Horizon Overview Steve Suarez sees innovation as a way to expand opportunities and knowledge for everyone. He has spent his career helping individuals develop new skillsets and companies roll out new technology. Now he’s turning his expertise to quantum by consulting with HorizonX clients, teaching an MIT Pro course and serving as a senior advisor with McKinsey & Company. On this episode of The Quantum Spin by HKA, Steve and host Veronica Combs discuss balancing short-term improvements with plans for future business strategies shaped by quantum tech. Get a discount code for all MIT Pro classes [...]

Honeywell has announced an approximately $600 million equity capital raise for Quantinuum at a pre-money equity valuation of $10 billion. The funding round was joined by new investors Quanta Computer, NVentures (NVIDIA’s venture capital arm), QED Investors, MESH, and Korea Investment Partners. Existing shareholders, including JPMorganChase, Mitsui, Amgen, Cambridge Quantum Holdings, Serendipity Capital and Honeywell, also reinvested in this round. This is the largest single venture capital round in the quantum industry so far. This capital raise is intended to support Quantinuum’s advancement of quantum computing at scale, including continued progress toward the upcoming launch of its next-generation quantum computing system, [...]

by Doug Finke The term "Quantum Advantage" is getting a lot of play these days, and it is indicative of the fact that quantum computers are providing ever increasing performance almost on a daily basis creating expectations on when they will surpass the capabilities of classical machines. But have you stopped to consider how one would define "Quantum Advantage" or the fact that different people might look at it differently. A quantum scientist would define "Quantum Advantage" is when a quantum computer can solve a useful, real-world problem more effectively than any classical computer. "More effectively" can mean that it solves [...]