Quantum Business News
IBM on Thursday announced it’s reached a new quantum computing milestone, hitting its highest Quantum Volume to date. Using a 27-qubit client-deployed system, IBM achieved a Quantum Volume of 64. Quantum Volume is a metric
With the recent technological advancements in quantum computing, scientists face new challenges when it comes to the setup and control of qubit systems. In a webinar (August 20th, 2020 17:00 – 18:00 CEST, 11:00 –
Amazon announced the general availability of Amazon Braket, a fully managed Amazon Web Services (AWS) product that provides a development environment for exploring and designing novel quantum algorithms. Customers can tap Braket — which launched in preview last
Toshiba Corporation, Tohoku University Tohoku Medical Megabank Organization (ToMMo) and Tohoku University Hospital have demonstrated that quantum cryptographic communications technology can provide genomic medicine with a safe, completely secure data management environment. This was achieved
The Gravity Delve project, funded by Innovate UK, brings together academics from the UK Quantum Technology Hub Sensors and Timing, which is led by the University of Birmingham and Nemein Ltd, with the aim of investigating
Preparations are under way for the new Amazon Web Services Center for Quantum Computing, scheduled to open in spring 2021 at Caltech. The two-story, 21,000-square-foot facility will be located on South Holliston Avenue, adjacent to
Rigetti Computing, the quantum computing startup that is challenging industry heavyweights like IBM, Microsoft and D-Wave, announced this week that it has closed a $79 million Series C funding round. The round was led by
As part of the US federal government’s effort to speed the development of quantum computers, the National Science Foundation (NSF) has awarded the University of California, Berkeley, $25 million over five years to establish a multi-university
A team from JPMorgan Chase, IBM Research Zurich and ETH Zurich presents a methodology to price options and portfolios of options on a gate-based quantum computer using amplitude estimation, an algorithm which provides a quadratic
Researchers from Caltech and Ben-Gurion University put forward the idea that classical blockchains and smart contracts are potentially useful primitives not only for classical cryptography, but for quantum cryptography as well. Abstractly, a smart contract
