Phasecraft has just announced a £3.7m seed funding round, the largest for a UK quantum computing company. Phasecraft previously raised a £750,000 pre-seed round led by UCL Technology Fund with Parkwalk Advisors and London Co-investment Fund and
Physicists from the National Institute of Standards and Technology (NIST), the University of Maryland and the California Institute of Technology may have found a way to design quantum memory switches that would self-correct. The team’s
Researchers at University of Cambridge have found a way to protect highly fragile quantum systems from noise, which could aid in the design and development of new quantum devices. They have shown that microscopic particles
A team of researchers at University of Bristol has discovered algorithms and analysis which significantly lessen the quantum hardware capability needed to solve problems which go beyond the realm of classical computing, even supercomputers. That
JILA researchers have developed tools to “turn on” quantum gases of ultracold molecules, gaining control of long-distance molecular interactions for potential applications such as encoding data for quantum computing and simulations. JILA is a joint
Photonic qubits are key enablers for quantum information processing deployable across a distributed quantum network. An on-demand and truly scalable source of indistinguishable single photons is the essential component enabling high-fidelity photonic quantum operations. A
Spain has become surprisingly the European center of quantum research in finance, thanks to its universities, startups and smart innovation teams in local banks. A team at Multiverse Computing and Bankia, a Spanish financial organization
Accenture has helped BBVA, a multinational financial services company, to exploring the use of Quantum computing. Three use cases were identified where the complexity of the data, variables and outcomes presented significant challenges even for
Cambridge Quantum Computing (CQC) has successfully completed a $45 million financing from investors including Honeywell Ventures, IBM Ventures, JSR Corporation, Serendipity Capital, Alvarium Investments and Talipot Holdings to further accelerate commercialization and consolidate its leadership position in
An international team of researchers led by the University of Minnesota Twin Cities has developed a unique process for producing a quantum state that is part light and part matter. The discovery provides fundamental new
