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You may have heard that Alibaba has decided to shut down their quantum research team. As reported in this article published by Reuters, about 30 people from the quantum team will be let go and Alibaba will be donating the lab and related equipment to Zhejiang University. It is likely that many of those 30 people will also move to the university. Alibaba has faced financial issues recently and has been undergoing several reorganizations. Alibaba CEO Eddie Wu is conducting strategic reviews to distinguish between core and non-core businesses and it appears that quantum technology did not make the cut. We [...]

ParTec AG, a leader in modular supercomputers, and Quantum Machines, a provider of quantum control solutions, announced plans to intensify their collaboration. They aim to develop products that combine Quantum Machines’s Quantum Orchestration Platform with ParTec’s proprietary IP. By 2024, ParTec will offer a comprehensive qubit-agnostic solution with Quantum Machines’s technology embedded within. This solution will allow customers to acquire various quantum processing unit (QPU) technologies from different manufacturers and integrate them into a uniform system architecture tailored to their specific needs. Earlier this year, the two companies unveiled QBridge, a foundation for seamlessly integrating high-performance and quantum computers. QBridge provides [...]

Finding Quantum Leaders in Healthcare Quantum technology may do a lot for healthcare: put data to use in personalized and precision medicine, optimize nurse scheduling and enable doctors to see neurons sparking across the brain, for example. Nardo Manaloto is working to solve healthcare challenges using innovation, enterprise architecture, and emerging tech to impact clinical care and also to improve business operations. Managing Partner of Qubits Ventures, a VC firm specializing in early-stage quantum and photonics tech startups, Nardo is a healthcare and deep tech industry veteran with over 25 years of experience. He also serves as managing director of Quantum [...]

Quantum Simulation Technologies, Inc. (QSimulate) has secured $2.5M in funding from 2xN, UTokyo IPC, and Kyoto iCAP. The investment will bolster QSimulate’s business, which focuses on its quantum physics-based drug-discovery platform, QSP Life. This platform includes QUELO, QuValent, and QuantumFP, which cover various aspects of drug design. QSimulate employs proprietary quantum physics-based algorithms to predict solutions to large-scale biological problems. Its technology has facilitated the first quantitative application of quantum mechanics to drug design, offering predictions with unparalleled accuracy. This has paved the way for the computational study of new therapeutic classes. In partnership with Google Quantum AI, QSimulate has contributed [...]

Alice & Bob, a hardware developer in quantum computing, has partnered with OVHcloud to launch Felis, the first quantum emulator capable of predicting the behavior of logical qubits. Available through the OVHcloud Public Cloud universe, Felis allows users to tune error rates and abstracts error correction, simplifying quantum algorithm testing. Felis is a significant addition to OVHcloud’s quantum emulators and a step forward for the French quantum industry. It enables algorithm developers to experiment with high-quality qubits, accelerating the path to industrially relevant applications. This is the first time an emulator is capable of anticipating the behavior of logical qubits with [...]

PASQAL, a quantum computing company, has announced a $90 million initiative over five years in Sherbrooke, Quebec. The project aims to manufacture and commercialize quantum computers, and conduct research and development in collaboration with academic and industrial partners within DistriQ, a quantum innovation zone. The goal is to establish Sherbrooke as a globally recognized quantum hub. The Government of Quebec is supporting this investment project with a $15 million CAD ($11M USD) loan for the establishment of PASQAL SAS’ subsidiary in DistriQ. The project is expected to create 53 permanent jobs over five years. The Premier of Quebec, François Legault, officially [...]

Diagram Showing How Q-CTRL Embedded Software is Integrated with IBM Quantum Q-CTRL and IBM have announced that Q-CTRLs error suppression technology, named Q-CTRL Embedded, has been integrated into the IBM Qiskit runtime system. This feature is currently only available for users on the Pay-As-You-Go plan. There is no additional cost for those users who utilize this capability. This is the first time that IBM has integrated third party software into their system in this manner. The software can be invoked with a single line of code. This software can provide users with a significant improvement in the quality of the calculated [...]

By Dr Chris Mansell, Senior Scientific Writer at Terra Quantum Shown below are summaries of a few interesting research papers in quantum technology that we have seen over the past month. Hardware Title: Electron charge qubit with 0.1 millisecond coherence timeOrganizations: Argonne National Laboratory; University of Chicago; Lawrence Berkeley National Laboratory; The NSF AI Institute for Artificial Intelligence and Fundamental Interactions; Massachusetts Institute of Technology; Northeastern University; Stanford University; University of Notre DameElectron charge qubits on solid neon are not as well known as some of the other quantum computing hardware platforms, but they soon could be. The authors of this [...]