dougfinke

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The Beginning of the International Year of Quantum and the End of the Hype-Fueled Easy Era

2025-01-31T17:53:52-08:00

By Michael Baczyk 2025 has been declared the International Year of Quantum Science and Technology. This is a global recognition of quantum’s transformative potential, but make no mistake—this is also the beginning of the end. The end of the hype-fueled era where quantum computing was a playground for lofty promises and speculative investment. Now, only those who deliver real, scalable solutions will survive. The industry is shifting from experimental fascination to a measurable sector. The expectations are high, and the margin for failure is shrinking. Quantum Investment Funds Are Gaining Traction The funding landscape is shifting from general tech bets to quantum-dedicated capital. Notable recent moves include: [...]

The Beginning of the International Year of Quantum and the End of the Hype-Fueled Easy Era2025-01-31T17:53:52-08:00

Podcast with Cierra Choucair, Quantum Journalist and Analyst

2025-01-28T17:45:12-08:00

A Quantum Journey of Education and Exploration Overview: In this episode of The Quantum Spin by HKA, host Veronica Combs speaks with Cierra Choucair, a quantum journalist and analyst at The Quantum Insider. Cierra shares her unique journey from working in data science to becoming a self-taught expert in quantum computing. She discusses the motivations behind her switch to quantum journalism and the challenges of presenting complex scientific concepts to a broader audience. The episode also delves into her founding of The Daily Qubit newsletter and her insights from the Expanse event in Abu Dhabi. Listeners will gain valuable advice on [...]

Podcast with Cierra Choucair, Quantum Journalist and Analyst2025-01-28T17:45:12-08:00

Quantum Resource Estimator Visualization Tool

2025-02-17T15:58:04-08:00

The graphical chart at the bottom of this page allows you to visualize the quantum computing resources needed to process 19 different algorithms with 8 different quantum computing configurations. It provides both the number of physical qubits required and the runtime. For more details about the algorithms and the tool that we have used, we refer you to our previous articles The GQI Quantum Resource Estimator Playbook and Update on the GQI Quantum Resource Estimator Playbook. The tool has been designed to provide clarity into the resources required by allowing one to filter the results by Algorithm, Machine Configuration, Qubit Range, [...]

Quantum Resource Estimator Visualization Tool2025-02-17T15:58:04-08:00

2025 Quantum Readiness: Are We Really Ready?

2025-01-31T18:00:40-08:00

Picture Credit: DigiCert By Joe Spencer The buzz around quantum computing is undeniable. And published reports regularly highlight surges in confidence and investment, with global quantum budgets projected to increase by nearly 20% in 2025. A recent survey suggests that over 65% of organizations feel prepared to adopt quantum technology within the next 2-3 years. This paints a picture of an industry on the cusp of widespread adoption. But is this optimism truly reflective of the current situation, or are we getting ahead of ourselves? A recent survey is based on a survey of 770 quantum experts, researchers, and decision-makers, provides [...]

2025 Quantum Readiness: Are We Really Ready?2025-01-31T18:00:40-08:00

IQM and DATEV Collaborate to Apply Quantum Computing to Portfolio Optimization

2025-01-25T16:34:15-08:00

IQM, a developer of superconducting quantum computers, and DATEV, a German software and IT service provider, have completed a project on the potential of quantum computing for portfolio optimization. They used a 20-qubit quantum system to tailor the Quantum Approximate Optimization Algorithm (QAOA) to optimize DATEV's product portfolio. The project applied the Markowitz model, originally used for selecting investment portfolios with minimized risk, to DATEV's product offerings, aiming for optimal resource allocation. The results, detailed in a published whitepaper, highlight how quantum computing can advance practical applications in real-world use cases. By leveraging IQM's highly connected quantum processor unit (QPU) topology [...]

IQM and DATEV Collaborate to Apply Quantum Computing to Portfolio Optimization2025-01-25T16:34:15-08:00

QDNL Participations Announces a New Fund for Quantum Tech Investments with a €25 ($26M USD) Million Initial Close

2025-01-25T15:08:40-08:00

QDNL Participations has announced a new €60 million ($63M USD) global fund for early-stage quantum technology startups, with an initial close of €25 million ($26M USD). This new fund expands the firm's focus beyond the Dutch quantum ecosystem to support quantum startups worldwide. The firm’s previous fund backed several high-potential Dutch quantum startups. QDNL Participations has grown its team, adding quantum technology experts like Chad Rigetti, Nadia Carsten, Charles Marcus, and specialist quantum VC Kris Kaczmarek. Investors in the new fund include family offices, high-net-worth individuals, and the Quantum Delta NL Foundation. The goal is to become the leading investor in [...]

QDNL Participations Announces a New Fund for Quantum Tech Investments with a €25 ($26M USD) Million Initial Close2025-01-25T15:08:40-08:00

Quantum Source is Partnering with QC Design to Model Fault Tolerance Strategies

2025-01-25T14:37:52-08:00

Quantum Source has partnered with QC Design to leverage its software tool, Plaquette, in order to enhance Quantum Source’s photonic fault-tolerant quantum computing architectures. Plaquette allows for detailed modeling and analysis of hardware imperfections, providing insights into key design parameters. This collaboration supports Quantum Source's mission to scale up its technology for practical, cost-effective photonic quantum computers. Quantum Source's unique technology uses single atoms trapped on a proprietary photonic chip to produce and entangle photons efficiently. The integration of Plaquette into their R&D workflow is expected to refine fault-tolerance strategies and accelerate the commercialization of scalable quantum solutions. Both companies have [...]

Quantum Source is Partnering with QC Design to Model Fault Tolerance Strategies2025-01-25T14:37:52-08:00

D-Wave Completes Its $150 Million At-the-Market Equity Sale

2025-01-23T21:43:14-08:00

We reported earlier this month that D-Wave planned to sell shares in its common stock for an offering amount of up to $150 million. The company has now reported they have completed this sale at an average price per share of $6.10. This brings the company's current cash balance to about $320 million and the company believes that this funding will allow the company to achieve sustained profitability and positive cash flow. The company believes that they are leading the commercialization of quantum computing with customer applications deployed in production and that they may become the first independent, publicly-held quantum computing [...]

D-Wave Completes Its $150 Million At-the-Market Equity Sale2025-01-23T21:43:14-08:00

Xanadu Develops Aurora, a Modular Quantum Computing System that Shows a Path for Scaling to Very Large Systems

2025-01-22T16:45:26-08:00

3D Rendering of Aurora Laser and Compute Racks. Credit: Xanadu Xanadu has announced a new quantum computing system called Aurora that is contained in four room temperature laser and compute racks along with a cryogenically cooled photon detection system. The system provides 84 squeezed state qubits and 12 physical qubits all connected together with 13 km of fiber optic cable. Aurora is a follow-on to previous generations of Xanadu device including the X8 and Borealis. One of the big advantages of using photonic based qubits is that it make it easy to implement photonic networking to connect multiple modules together. The four rack as [...]

Xanadu Develops Aurora, a Modular Quantum Computing System that Shows a Path for Scaling to Very Large Systems2025-01-22T16:45:26-08:00

Quantinuum to Open a New R&D Site in New Mexico Focusing on Photonics

2025-01-22T13:39:22-08:00

Quantinuum, the world's largest integrated quantum computing company, is opening a new location in New Mexico later this year to advance photonics technologies critical to its trapped ion quantum computing. The specific R&D focus will be to further develop the integrated photonics needed for controlling and manipulating qubits in trapped ion systems. This move leverages New Mexico's leadership in quantum information sciences and photonics, established through the U.S. Department of Commerce’s Tech Hubs program. Several organizations with significant expertise in related areas are currently located in New Mexico including Sandia National Laboratories, Los Alamos National Laboratory, and universities, such as The [...]

Quantinuum to Open a New R&D Site in New Mexico Focusing on Photonics2025-01-22T13:39:22-08:00
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