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At GQI we see a lot of roadmaps from the quantum providers and fully expect that there will be continuing advances in the capabilities of both quantum hardware and quantum software over the next several years. In fact, we believe that we will soon start seeing organizations utilizing quantum technology for production purposes within the next few years. (Some call that Quantum Advantage while others call it Quantum Utility, but in this article we will call it Quantum Production to distinguish it from one-off proof-of-concept experiments versus those running the use cases on a repeated, regular basis.) Although we initially did [...]

Bloq Quantum, a quantum software startup, has secured Rs 1.3 crore ($155K USD) in a pre-seed funding round led by Inflection Point Ventures (IPV), an angel investment firm based in Gurugram, India. The investment is part of IPV’s strategy to support promising startups through tech support and network access. The funds will be allocated towards product development and team expansion, enhancing Bloq Quantum’s quantum algorithms and platform capabilities. Bloq Quantum aims to simplify enterprise adoption of quantum computing with its low-code interface, accelerating quantum algorithm development and providing valuable business insights. Founded by Sreekuttan L S and Jay Patel, Bloq Quantum [...]

The Duality Quantum Accelerator has welcomed its fourth cohort of five startups, marking a significant milestone in Illinois' burgeoning quantum technology sector. These startups, which span the fields of quantum computing, sensing, and communication, are poised to advance their technologies in industries such as biomedicine and aerospace. The program, managed by the Polsky Center for Entrepreneurship and Innovation at the University of Chicago and the Chicago Quantum Exchange, offers a comprehensive 12-month curriculum that includes business training and access to premier resources. Since its inception in April 2021, Duality has seen its alumni raise over $20 million. The new cohort includes [...]

QuEra Computing has launched the QuEra Quantum Alliance Partner Program, aiming to accelerate the development and deployment of neutral-atom quantum computers. This initiative seeks to collaborate with leading technology and solutions companies to address complex computational problems. The alliance's initial members include BIP, BlueQubit, Classiq, E4 Computer Engineering SpA, ITQAN Al Khaleej, Kipu Quantum, Links Foundation, Pawsey Supercomputer Centre, Phasecraft, QAI Ventures, QCWare, QMWare, QPerfect, Quantum Machines, Qunasys, Strangeworks, Venturus, Wolfram Research, and qBraid. The QuEra Quantum Alliance will facilitate joint go-to-market activities, including exclusive events and webinars. Partners will gain early access to QuEra's innovative technology and receive direct support [...]

Classiq, a leading quantum software company, has developed a rapid method for solving large-scale combinatorial optimization problems in collaboration with Hewlett Packard Labs, the central research community of Hewlett Packard Enterprise (HPE). This joint research integrates high-performance computing (HPC) and quantum computing, addressing the growing need for sophisticated computational solutions. By leveraging HPE’s Cray Supercomputing EX system and Classiq's quantum synthesis engine, the collaboration showcases the potential of hybrid computation. The approach uses the Quantum Approximate Optimization Algorithm (QAOA) to improve the efficiency of solving complex problems. The results will be presented in the paper “Hybrid Classical-Quantum Simulation of MaxCut using [...]

Quantinuum has announced the beta availability of Quantinuum Nexus, an all-in-one quantum computing platform designed to streamline quantum computing workflows with expert design and full-stack support. Quantum users are invited to apply for beta access to collaborate closely with Quantinuum on adopting and customizing Nexus for their needs. Quantinuum Nexus simplifies quantum algorithm deployment, addressing common tasks and pain points. The platform enables users to run, track, and manage resources across multiple quantum backends, featuring a cloud-hosted JupyterHub environment and dedicated simulators, including the Quantinuum H-Series emulator. This integration allows users without H-Series hardware to experiment with H-Series capabilities immediately. Nexus [...]

Accenture (NYSE: ACN) and SandboxAQ are significantly expanding their collaboration to address the pressing need for robust data encryption. Accenture is introducing a new Encryption Risk Assessment service integrated with SandboxAQ’s AQtive Guard. This partnership focuses on strengthening encryption to defend against both current cyber threats and future risks posed by artificial intelligence (AI) and quantum computing. The joint offering aims to enhance data security across enterprise technology portfolios and improve observability to mitigate third-party risks. This service provides clients with insights into vulnerabilities caused by outdated cryptography, enabling proactive risk management and encryption upgrades to defend against ransomware, data theft, [...]

In his role as Chief Analyst at Global Quantum Intelligence, David Shaw combines a PhD in physics with years of advising executives in tech, healthcare, energy, and financial services. This understanding of quantum mechanics and the technology life cycle gives him a unique perspective on quantum hardware. In this episode, he explains how many “chips” it will take to build a quantum computer, how far we are from modularity, and why quantum sensing should get more attention. Transcript Veronica: Hello, and welcome to The Quantum Spin by HKA. I’m Veronica Combs. I’m a writer and an editor here at the agency. I [...]

D-Wave Quantum Inc. (NYSE: QBTS) has unveiled an updated roadmap for its Leap™ quantum cloud service, aimed at advancing Quantum AI solutions for artificial intelligence (AI) and machine learning (ML). This expansion includes support for quantum-enhanced, energy-efficient AI model training and integrating AI with optimization to address critical customer use cases. The roadmap outlines three key development areas: Quantum Distributions for Generative AI: D-Wave will develop new generative AI architectures utilizing quantum processing unit (QPU) samples that are not classically generated, initially focusing on molecular discovery with potential applications across various generative AI fields. Restricted Boltzmann Machine (RBM) Architectures: The company [...]