Mohamed Abdel-Kareem

Classiq, a quantum software company, has announced a strategic funding up-round of tens of millions of dollars, bringing its cumulative funding to over $200 million. The round included participation from major strategic investors AMD Ventures, Qualcomm Ventures, and IonQ, alongside financial institutions such as Mirae Asset Capital (Korea), LeumiTech77 (by Bank Leumi), and Quantum Eretz. The inclusion of major hardware and semiconductor firms signals a strong focus on heterogeneous computing. Sagi Paz, Head of AMD Ventures, noted that high-level quantum software will play a key role in enabling the seamless integration of quantum and classical HPC systems. Qualcomm Ventures added that [...]

Haiqu, a quantum software company, has demonstrated a proprietary technique for efficiently encoding complex, high-dimensional data onto quantum processors, achieving performance gains in anomaly detection. The work was executed over the cloud on an IBM Quantum Heron processor. The core innovation is a novel data encoding solution that addresses the dimensionality gap: the inability of most near-term quantum devices to handle datasets with hundreds or thousands of features due to limited qubit counts. Haiqu’s method successfully loaded over 500 features into quantum circuits on 128 qubits, a process the company claims can scale to problems with tens of thousands of features [...]

IQM Quantum Computers, a global leader in superconducting quantum computers, has announced the launch of its new product line, IQM Halocene. This line consists of open and modular on-premises quantum computers designed to accelerate quantum error correction (QEC) research. The first release of IQM Halocene will be a 150-qubit quantum computer, commercially available by the end of 2026. This system is intended to accelerate the development of logical qubits and will be built around an IQM Crystal quantum processing unit (QPU) targeting 99.7% physical two-qubit gate fidelity. Future product releases in the Halocene line are planned to exceed 1,000 qubits, aligning [...]

Microsoft has announced the expansion of its Quantum facility in Lyngby, Denmark, establishing the company’s largest quantum site globally. The total investment in Denmark’s quantum infrastructure has surpassed DKK 1 billion ($156 million USD). The facility is dedicated to accelerating the development of scalable, fault-tolerant quantum computing technology. The new state-of-the-art lab will advance the development of topological qubits, which form the core of Microsoft’s “Majorana 1” quantum processing unit. The expansion provides the necessary cleanroom capacity, instrumentation, and process control to iterate faster and at higher yield on topological qubits. Crucially, the expanded capacity will enable the full fabrication of [...]

Q-CTRL, a quantum infrastructure software company, and RIKEN, a national research institute in Japan, have announced the integration of Q-CTRL's performance management software, Fire Opal, with RIKEN's IBM Quantum System Two. The system is deployed within the RIKEN Center for Computational Science, which is co-located with Japan's flagship supercomputer, Fugaku. The integration is part of the JHPC-quantum project, commissioned by the New Energy and Industrial Technology Development Organization (NEDO), which aims to build a quantum-HPC integrated platform and expand computational domains. Fire Opal’s automated performance management and error-reduction technology are now available to users of the JHPC-quantum project, providing a reported [...]

IBM (NYSE: IBM) has announced significant progress across its quantum roadmap, including the debut of the IBM Quantum Nighthawk processor and a shift in quantum processor fabrication to a 300mm wafer facility. The company is advancing both its roadmap toward achieving quantum advantage by the end of 2026 and Fault-Tolerant Quantum Computing (FTQC) by 2029. The IBM Quantum Nighthawk processor is designed with an architecture to complement high-performing quantum software. It features 120 qubits linked by 218 next-generation tunable couplers to their four nearest neighbors in a square lattice. This increased qubit connectivity is intended to allow users to accurately execute [...]

Rigetti Computing has announced its Q3 2025 financial results, demonstrating solid sequential growth in revenue, increasing commercial system orders, and unveiling an accelerated technology roadmap targeting 1,000+ qubits by 2027. The table below summarizes key GAAP financial metrics for Q3 2025, with comparisons to the prior quarter (Q2 2025) and the year-ago quarter (Q3 2024). Amounts in $MQ3'2025Q2'2025Q3'2024% vs Q2'2025% vs Q3'2024Revenue$1.9$1.8$2.45.6%-20.6%Operating Expenses$21.0$20.4$18.62.9%12.9%Operating Loss($20.5)($19.9)($17.3)3.0%18.5%Net Loss($201.0)($39.7)($14.8)406.3%1258.1%Cash, Cash Equivalents, and Investments$558.9$571.6$92.6-2.2%503.6% Financial and Business Overview Rigetti reported Q3 2025 revenue of $1.9 million, a 5.6% increase from the previous quarter, though revenue remains low and is down 20.6% year-over-year. Operating Expenses increased slightly [...]

YQuantum, a Swiss quantum hardware startup, has received CHF 150,000 ($187K USD) in seed funding from the Venture Kick initiative. The company, founded by physicists from the University of Basel, is developing miniaturized, high-performance cryogenic hardware components to address the scalability bottleneck in quantum computing systems. The startup's specialized components are designed to enable high-fidelity superconducting and spin-qubit operations, which is critical for supporting larger and more stable quantum processors. Current quantum systems rely on complex, bulky hardware; by focusing on making components smaller and more efficient, YQuantum aims to transform quantum computing from a laboratory experiment into a practical technology. [...]

In a move to create a vertically integrated quantum technology provider, BTQ Technologies Corp. (Nasdaq: BTQ) has exercised its option to acquire QPerfect SA, a neutral atom quantum computing company based in Strasbourg, France. The deal follows a strategic investment of €2 million for a minority stake and is expected to close in January 2026, subject to French FDI approval. This full acquisition transforms BTQ from a post-quantum security specialist into the first listed fully integrated neutral atom quantum technology company, spanning the full stack from cryptography to computing. Key Technology Integration The acquisition centers on QPerfect’s two key offerings, which [...]

Novo Holdings, the investment company of the Novo Nordisk Foundation, has published its Quantum Investments Annual Review 2025, reporting that its portfolio has reached approximately €100 million ($145.5 million USD) in investments since launching its dedicated quantum team in 2024. This marks a first-year achievement toward the company's broader DKK 1.4 billion (€188 million) ($217.1 million USD) long-term commitment to quantum technologies. The investment strategy is designed to accelerate the development of a competitive European quantum ecosystem, with a dual focus on direct investments in applications related to healthcare and the green transition, and fund investments to broaden exposure across the [...]