Latest Quantum Industry & Ecosystem News
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Jan- 2022 -25 JanuaryIndustry & Ecosystem News
Swiss Startup Terra Quantum Lands $60 Million Funding
Zurich-based startup Terra Quantum raised a hefty $60 million in Series A financing to build out its “quantum-as-a-service” platform. Announced in January 2022, this was one of Europe’s largest quantum tech funding rounds at the time. Terra Quantum offers a hybrid quantum computing platform - combining classical computing power with quantum algorithms - and is even developing its own quantum hardware. The…
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Nov- 2021 -30 NovemberIndustry & Ecosystem News
IBM Eagle: The First 100+ Qubit Quantum Processor
IBM has announced Eagle, a 127-qubit superconducting quantum processor – the world’s first quantum chip to surpass 100 qubits. Unveiled at the IBM Quantum Summit in late 2021, Eagle marks a major milestone in quantum computing, nearly doubling the qubit count of IBM’s previous 65-qubit “Hummingbird” processor and overtaking the scale of rival devices like Google’s 53-qubit Sycamore. IBM’s researchers…
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Jul- 2021 -27 JulyIndustry & Ecosystem News
Dutch startup QuantWare launches commercially available superconducting QPUs
Dutch quantum hardware startup QuantWare has announced the launch of commercially available superconducting quantum processing units (QPUs), aiming to make superconducting qubit hardware accessible “off the shelf” and on short lead times. The company says easier access to superconducting processors - an approach used in some of the field’s most mature quantum computing platforms - could help smaller labs and…
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9 JulyIndustry & Ecosystem News
Zurich Instruments Acquired to Boost Quantum Industry
A major corporate development in July 2021 saw German tech group Rohde & Schwarz acquire Zurich Instruments, a Swiss test & measurement firm known for its quantum control electronics. Zurich Instruments, a spin-off from ETH Zurich, had become a leader in specialized instrumentation for quantum labs (like quantum computer control systems). The deal, completed on July 1, 2021, makes Zurich Instruments…
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Jun- 2021 -30 JuneIndustry & Ecosystem News
Zuchongzhi 2.0: China’s Superconducting Quantum Leap
A team of Chinese physicists has unveiled Zuchongzhi 2.0, a cutting-edge 66-qubit superconducting quantum computing prototype that pushes the frontiers of computational power. Announced by the CAS Center for Excellence in Quantum Information, this new quantum machine builds on its predecessor (Zuchongzhi 1.0) with more qubits and higher fidelity, achieving a milestone known as quantum computational advantage (or “quantum supremacy”)…
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May- 2021 -30 MayIndustry & Ecosystem News
Zuchongzhi 1.0: China’s New Superconducting Processor
In May 2021, scientists at the Chinese Academy of Sciences (CAS) unveiled Zuchongzhi 1.0, a 62-qubit programmable superconducting quantum computer that set a new benchmark in the quantum computing race. Named after a 5th-century Chinese mathematician, Zuchongzhi 1.0 contains the largest number of superconducting qubits ever assembled in a single processor so far.
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11 MayIndustry & Ecosystem News
ETH Zurich and PSI Launch Joint Quantum Computing Hub
May 2021 - ETH Zurich and the Paul Scherrer Institute (PSI) opened a new joint Quantum Computing Hub dedicated to developing next-generation quantum computers. Backed by CHF 32 million from ETH, the center in canton Aargau brings together about 30 researchers under one roof. Uniquely, it houses two leading quantum hardware approaches side by side: superconducting circuits and trapped-ion technologies.…
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Dec- 2020 -8 DecemberIndustry & Ecosystem News
China’s Jiuzhang Achieves Photonic Quantum Advantage
A team of Chinese scientists has announced a breakthrough in quantum computing with the development of Jiuzhang, a photonic quantum processor that achieved a major computational milestone. In experiments reported on December 3, 2020, Jiuzhang completed in 200 seconds a mathematical problem that researchers estimate would take a classical supercomputer on the order of 2.5 billion years to solve.
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Oct- 2020 -1 OctoberIndustry & Ecosystem News
D-Wave’s 5,000+ Qubit Quantum Computer “Advantage”
Vancouver-area company D-Wave Systems - the world’s first commercial quantum computing firm - launched its Advantage quantum annealer, boasting over 5,000 qubits and a radically expanded 15-way qubit connectivity. This machine marked a leap from its previous 2,000-qubit system and demonstrated that D-Wave’s unique quantum annealing architecture can scale in qubit count and complexity. CEO Alan Baratz highlighted that despite…
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Feb- 2020 -1 FebruaryIndustry & Ecosystem News
Switzerland Maps Out a National Quantum Strategy
The Swiss Science Council released a landmark white paper on quantum technologies, outlining a national strategy to capitalize on Switzerland’s strengths in quantum computing, communication, sensing, and cryptography. This roadmap calls for greater coordination and investment across government, academia, and industry to ensure the country remains at the forefront of the “second quantum revolution.” Key focus areas include scaling up…
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Oct- 2019 -26 OctoberIndustry & Ecosystem News
Google’s Sycamore Achieves Quantum Supremacy
Google announced that its 53-qubit quantum processor, Sycamore, has achieved a long-anticipated milestone known as “quantum supremacy.” In a paper published in Nature, the Google AI Quantum team reported that Sycamore performed a specific computation in approximately 200 seconds – a task they estimated would take the world’s fastest classical supercomputer at least 10,000 years to complete.
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Dec- 2018 -29 DecemberQuantum Policy, Standards & Regulation News
U.S. National Quantum Initiative Act
On December 21, 2018, the United States solidified its commitment to quantum technology advancement by enacting the H.R.6227 – National Quantum Initiative Act. Passed with near-unanimous support from both houses of Congress, this landmark legislation outlines a comprehensive 10-year plan aimed at maintaining and enhancing U.S. leadership in quantum technologies. Key Provisions of the National Quantum Initiative Act: Establishment of…
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Nov- 2018 -1 NovemberQuantum Policy, Standards & Regulation News
EU Launches Quantum Technologies Flagship
On October 29, 2018, following the Quantum Manifesto published in 2016, the European Commission officially kicked off its ambitious Quantum Technologies Flagship initiative, marking a significant step in Europe’s commitment to quantum technology development. The initiative, backed by the European Commission, allocates over €1 billion in funding to support more than 5,000 of Europe’s leading quantum technology researchers over the…
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Feb- 2018 -9 FebruaryIndustry & Ecosystem News
The Argument Against Quantum Computers
And now for something different from our regular programming. Quanta Magazine just published an interesting article, “The Argument Against Quantum Computers,” by Katia Moskvitch. The article discusses Gil Kalai’s skepticism about the feasibility of quantum computers. Kalai, a mathematician, argues that quantum computers will struggle with noise and error correction, making them impractical. He believes that the inherent noise in…
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