Quantum Computing Report News

The items on this page are courtesy of the Quantum Computing Report. Covering the sector since 2015, it uses that experience to provide a curated focus on the news that matters.

By Carolyn Mathas Although quantum computing technology is in its infancy stage, a recent report from the Boston Consulting Group estimates that quantum computing could create value of $450 billion to $850 billion in the next 15 to 30 years to users and providers.  Development of scalable quantum computers and... Read more
Published on: 2021-07-29
By Dr. Chris Mansell Shown below are summaries of a few interesting research papers in quantum computing and communications that have been published over the past month. Hardware Title: Accurately computing electronic properties of a quantum ringOrganizations: Google Quantum AI; University of Massachusetts; University of California, Santa Barbara; University of... Read more
Published on: 2021-07-29
Quantum Machines has announced that it is joining researchers at the University of Innsbruck, Ecole Normale Supérieure de Lyon, Mines ParisTech, Ecole Normale Supérieure de Paris, Karlsruher Institut für Technologie, French National Institute for Research in Computer Science and Automation and Romanian National Institute for Research and Development of Isotopic and Molecular... Read more
Published on: 2021-07-29
The machine has been installed at IBM Research’s Shin-Kawasaki facility is located at NANOBIC, a joint research facility operated by industry, academia and government and hosted by Kawasaki City of Japan. The is the second IBM quantum computer installed outside the United States with the first being installed in Germany... Read more
Published on: 2021-07-28
The round was led by funds and accounts managed by Blackrock with participation from existing investors Baillie Gifford and M12 (Microsoft's venture fund) along with new investors Blackbird Ventures and Temasek. This brings the total amount of funding to date to $665 million with a reported company valuation of $3.15... Read more
Published on: 2021-07-27
The award for Super.tech came from the U.S. National Science Foundation (NSF) Small Business Innovation Research (SBIR) program and will cover a nine month period extending from August 1, 2021 to April 30, 2022. The research will cover compilation methods for dense graph optimization problems, mixed binary problems where variables can... Read more
Published on: 2021-07-26
Recently, two organizations have developed substantial white papers that discuss the status of quantum computing and provide insights of how it can create value in the future. The IBM Institute of Business Value has produced a report titled The Quantum Decade and the Boston Consulting Group's (BCG) report is titled... Read more
Published on: 2021-07-25
The awards from the Department of Energy (DOE) will study the materials and chemical processes needed to develop the next generation of quantum smart devices and quantum computing technology. The projects will last up to 3 years and will perform fundamental research to understand, predict, and ultimately control matter and energy... Read more
Published on: 2021-07-24
The Quantum Algorithms Institute has been recently established on the Surrey campus of Simon Fraser University in British Columbia, Canada to bring industry, academia, and government together to accelerate the innovation and commercialization of quantum technologies. These funds were provided by Western Economic Diversification Canada to harness British Columbia’s growing... Read more
Published on: 2021-07-24
We reported last January on the formation of the ImpaQT consortium. This is a group of Dutch companies involved with quantum technology that were putting together a kit of components that work together to form a quantum computer. The idea is that other external companies could purchase this kit from... Read more
Published on: 2021-07-24
In the auto industry, car makers will often make minor improvements in the cars without completely introducing a new model. Oftentimes they do this when changing to a model year, but sometimes they will do this in the middle of model year. We've just seen something similar in the quantum... Read more
Published on: 2021-07-23
When people discuss how pharmaceutical companies can leverage quantum computing the usage of computational chemistry for drug discovery is always the first thing that is mentioned. But pharmaceutical companies may be in an unusual position because they can also potentially use quantum computing for two additional use cases. Part of... Read more
Published on: 2021-07-23
Aliro Quantum is a quantum networking platform company that spun out of NarangLab at Harvard University that develops simulation and control tools for quantum networks. A key focus is to deliver something they call Quantum Entanglement as a Service (EaaS) to enable the distribution of entangled quantum states between nodes. They have received... Read more
Published on: 2021-07-22
Atom Computing, a Berkeley, California quantum hardware startup founded in 2018 has been working in stealth mode for the past three years, but has just announced a trio of disclosures that will encourage people to get to know it a lot better. To start, Rob Hays, a computing industry veteran... Read more
Published on: 2021-07-21
The problem with many quantum programs right now is that the programs require more qubits than are available in the current hardware. To help improve upon the situation, the U.S. Defense Advanced Research Projects Agency (DARPA) has awarded Xanadu with a grant to develop a compiler that can cut up... Read more
Published on: 2021-07-21
By Andre Saraiva, UNSW The Google Quantum AI team published a paper in Nature called “Exponential suppression of bit or phase errors with cyclic error correction”. This title is very well crafted, as it contains all the key information condensed in it. They achieve exponential suppression of errors, the holy... Read more
Published on: 2021-07-18
The European Commission's Horizon Europe and Canada's Natural Sciences and Engineering Research Council of Canada (NSERC) are partnering to issue a call for joint EU-CAN proposals for research on quantum technologies. Each one will provide funding of up to €4 Million (about $6M CAD or $4.7M USD) for projects related to... Read more
Published on: 2021-07-18
IBM had announced in late 2019 a new capability called OpenPulse that would allow programmers to program their quantum computers at the pulse level in addition to the gate level. Among other things, this would allow the programmer to implement a function which was not part of the native gate... Read more
Published on: 2021-07-17
We reported in May on an initiative from Dutch-based Quantum Delta NL called Lightspeed to support Dutch based quantum startup with raising capital from potential investors in Europe and the United States. They have now added on to this effort by creating their own micro-fund called "Lightspeed Fund 1" which... Read more
Published on: 2021-07-17
QuantWare was founded in 2020 as a spinoff of QuTech, a quantum technology research institute at TU Delft in the Netherlands, with a goal of providing quantum processing unit (QPUs) chips to other organizations that want to build their own quantum computer. They have announced their first products including a... Read more
Published on: 2021-07-16