News Brief

Under the arrangement, Moderna will join the IBM Quantum Accelerator program and the IBM Quantum Network and access to IBM's quantum computing systems, along with IBM's expertise in using the technology. In addition, Moderna and IBM's scientist will work together to use IBM's MoLFormer, a pretrained AI model that infers the structure of molecules from simple representations to predict a molecule's physical properties. A key goal for Moderna is to optimize the lipid nanoparticles, which encapsulate and protect the mRNA as it travels within the body and design mRNA medicines with optimal safety and performance.. Additional information about this collaboration is available [...]

We reported last January about the €14 Million ($15M USD) deal between the Galician Supercomputing Center (CESGA or Centro de Supercomputación de Galicia) and Fujitsu to provide several pieces of HPC and quantum related hardware at CESGA's data center in Galicia, Spain. Now Oxford Quantum Circuits (OQC) has been added to the collaboration and will be installing their upcoming 32 qubit quantum computer at CESGA. The machine will be part of a cluster that includes several other items including Fujitsu's 34 qubit quantum simulator, a Fujitsu PRIMERGY server, a Fujitsu PRIMEHPC FX700 supercomputer, and a Fujitsu Digital Annealer. For more information about [...]

Quanscient is a quantum software provider company based in Finland and founded in 2021. They provide a cloud and quantum powered multi-physics simulation platform that can perform simulations of materials for characteristics such as electromagnetics, mechanics, and fluid dynamics. People utilize their platform to develop products that are more energy efficient, sustainable, and bring accelerate the time it takes to bring a product to market. In one example, they have taken a superconductor simulation that would take months on a classical computer and reduced the runtime to a few hours. The company contents that their Quanscient.allsolve product is the fastest multi-physics [...]

This funding round for Quantum Source was led by Dell Technologies Capital with additional participation from 10D and existing investors Eclipse VC, Grove Ventures, and Pitango First. The company had previously received seed funding of $15 million so this brings the total amount of seed financing for the company to $27 million. Quantum Source was found in 2021 and is located in Rehovot, Israel. They are working to develop large scale, fault-tolerant, photonic quantum computers that will scale to millions of qubits. The company's includes semiconductor industry veterans and accomplished physicists who have co-founded companies and subsequently sold them to larger [...]

The funding is being supplied by Japan's Ministry of Economy, Trade and Industry over the next five years to support quantum cloud computing access to a collective led by the University of Tokyo. Currently, the university has a 27 qubit IBM Q System One processor installed in 2021 with plans to upgrade it to the 127 qubit model later this Fall using part of this new funding. The processor is currently being used by several commercial companies including Toyota Motor, Mitsubishi Chemical and Mizuho Financial Group with additional ones expected to join soon. Additional information about this funding is available in [...]

The university will make this investment over a three year period. It will include hiring eight or more new faculty members, and provide dedicated equipment and lab space in the university's Interdisciplinary Research and Commercialization Building. The program will build upon previous research that was funded by the U.S. Department of Energy and related to quantum performed at the school. These include a project to develop high performance software, research to develop a new qubit platform, and research related to energy frontiers. For more, click here to see a news release posted on the Florida State University (FSU) website. April 14, [...]

Qureca! Box. Credit:Qureca Qureca has introduced a Qureca! Box educational toolkit to teach students the fundamental concepts of quantum computing. Targetted for high school and undergraduate students, the kit includes Powerpoint links, video links as well as physical objects including a Qubit Box, Compucards, and 3D Bloch Sphere that a student can hold to gain an intuitive grasp of the quantum concepts. The course currently consists of five modules that start with a game experience for the student to discover the quantum world, and allow a student to implement and simulate quantum circuits in the last module. Additional modules to supplement [...]

KPMG's Global Quantum Hub provides various services, including quantum strategy, use case discovery and implementation of quantum computing solutions to their clients while Classiq provides a quantum software platform that automatically converts high-level functional models into optimized quantum circuits. The two companies have announced they will team up to use their collected expertise and technology to accelerate easier and faster end user adoption of quantum computing solutions. Targetted industries include financial services, automotive, pharma, energy, telco and logistics. Additional information about this new collaboration can be found in a press release here. April 5, 2023

Agnostiq, a Toronto based quantum software developer that is developing Covalent, an open-source workflow orchestration platform, has received a $6.1 million seed extention venture investment. This follows a $2 million seed investment they received in May of 2021. The investment was led by Differential Ventures with additional participation from Scout Ventures, Tensility Venture Partners, Green Egg Ventures and Rob Granieri, Principal at Jane Street Capital. The company indicates they will be using the funds to continue development of Covalent Cloud, a commercial offering that will work with the Covalent software and make it easier for end users to integrate the activity of classical and quantum processors working together [...]

IQM has announced it has opened its first office in Asia and is locating it in Singapore. This will be the company's fifth office after Espoo, Munich, Madrid, and Paris. The purpose of the office will be to build quantum computers for placement in the region and to work with the quantum community and national initiatives in Singapore including the National Quantum Computing Hub, the National Quantum Fabless Foundry, and the National Quantum-Safe Network. Raghunath Koduvayur, the former Head of Marketing and Communications, will become the Head of Asia-Pacific Business. Additional information about this new office is available in a news [...]