Think of a quantum computer as a very delicate machine that needs to operate in extreme cold. The processor is the part that does the actual computing, but it needs a lot of supporting equipment to work. The processor sits inside a special refrigerator…
IonQ has agreed to buy Elisity in an all-stock deal worth up to $1.3bn. Up to $150mn of that depends on how well Elisity does. The Maryland-based quantum computing company announced the deal on Monday. IonQ wants its security arm to guard against attac…
PsiQuantum has received a conditional commitment for a loan of up to $150 million from the US Department of War’s Office of Strategic Capital. The quantum computing company announced the commitment on Thursday. It is the second conditional loan from th…
Quantum computing, healthcare and energy security are the fields Nvidia wants to strengthen with commitments it values at $1 billion. The money will be spread over the next five years. The company announced the commitments on Thursday at the Science: A…
Quantum computing startup Oratomic has raised $475 million at a $5.4bn valuation, Isabelle Bousquette reported for The Wall Street Journal on Thursday. The round came three months after its Series A and lifted its valuation from $1.5bn. The same day, B…
DARPA has moved Atom Computing, Diraq, IBM and IonQ into the final stage of its Quantum Benchmarking Initiative. The US defence research agency runs the programme to test whether anyone can build a useful quantum computer by 2033. DARPA announced the f…
Zapata Quantum, a Boston quantum software company, has joined the IBM Quantum Network, it said on Tuesday. It will use IBM’s machines to build software for its clients. Zapata does not make quantum hardware. Instead, it helps organisations figure out w…
Quantum hardware roadmaps often include timelines, but they rarely answer the questions that matter most to a chief information officer: which problems will this solve, when will it happen, and at what cost? Zapata Quantum, a Boston-based quantum softw…
The Paris-based quantum computing company Alice & Bob and France’s Alternative Energies and Atomic Energy Commission (CEA) announced today that they will collaborate on software enabling quantum computers to run alongside conventional supercomputer…
Nvidia has added an orchestration layer called CUDA-Q Logical to its open-source quantum platform, aimed at the part of fault-tolerant quantum computing that nobody enjoys. Designing an application for a machine that does not exist yet means guessing a…