Search results for: IQM

The funding was led by World Fund with additional participation from Bayern Kapital, EIC Fund, OurCrowd, QCI SPV, Tofino and Varma, as well as existing investors Maki.vc, Matadero QED, MIG Fonds, OpenOcean, Salvia GmbH, Santo Venture Capital GmbH, Tencent, Tesi, and Vsquared. IQM is building superconducting based quantum processors, but has taken a different commercialization strategy than some of the other hardware providers. Rather than concentrating on providing cloud based systems that can be openly accessed over the internet, they are concentrating on providing on-premise, full-stack processors that can be installed at research laboratories and supercomputing centers. They are also taking [...]

Rigetti Computing has appointed Michael Harburn as Chief Technical Officer. Mr. Harburn joined the company in 2018 and previously served as their Senior Vice President, Fabrication Operations and QPU Engineering. Before Rigetti, he also had roles at Kateeva, FormFactor, and other companies. You can view Rigetti's announcement of his appointment here. IQM Quantum Computers (IQM) has appointed Dr. Sierk Poetting as Chairman of the Board. Dr. Poetting is also the Chief Operating Officer at BioNTech SE, a next-generation immunotherapy company. IQM’s former Chairman, Axel Thierauf will now lead the recently formed IQM Quantum Council which aims to bring together a world-class network [...]

Atos and IQM commissioned a study of 110 high-performance computing (HPC) centers worldwide to gauge their interest in quantum computing and obtained interesting results. Twenty-seven percent (27%) of these centers indicated they are already experimenting with quantum computing, 76% of the centers indicated they expect to be utilizing quantum computing technologies by 2023, and by 2026, a very surprising 71% of HPC centers indicate they expect to be utilizing a quantum computer with either an on-premise or mixed infrastructure for quantum computing. The remainder of the HPC centers in 2026 still anticipate they will be using a cloud-based approach. Here are some [...]

IQM Processor Example IQM has a different commercialization strategy than most of the other quantum hardware companies. They are focusing on application specific processors co-designed with the software applications in mind to provide the optimal solution for that application. In addition, they are focusing on provide quantum computers for on-premise installations primarily for European customers instead of remote use over the cloud. They feel that this approach will allow them to provide better solutions for customers versus general purpose quantum computers that must be accessed over the internet to a cloud installation that may be far away. The types of customization [...]

The tool, called KQCircuits is an open source Python library jointly developed by Aalto University and IQM that provides a graphics based tool that helps one to design their own quantum processing chip. It appears to be similar to a tool that IBM announced called Qiskit Metal that we described in an article last March. The program allows a user to create their own circuit elements, assemble the circuit elements into a complete design, generate mask layouts, and export files so the design can be simulated either in SPICE (an analog electronic circuit simulator) or finite element modelling (FEM) software such [...]

The funding was provided by the German Federal Ministry of Education and Research, abbreviated BMBF. Besides IQM additional participants include ParityQC, Infineon, Forschungszentrum Jülich, Leibniz Supercomputing Center, and Freie Universität Berlin. The project, codenamed DAQC (Digital-Analog Quantum Computer) will develop a 54 qubit quantum processor over a four year period. Although IQM is headquartered in Finland, in March 2020 they established a subsidiary in Munich, Germany as a co-design hub to tighten the interaction between quantum hardware and quantum software development. For more on this announcement, you can view a news release on the IQM website here and also another news release [...]