KPMG Becomes a Member of IBM Quantum Network to Enhance its QC Expertise
Mutually Beneficial Prabhakar expressed her enthusiasm about KPMG joining the IBM Quantum network. She highlighted the uniqueness that KPMG brings to the table through its strong client relationships. Together, they aim to drive value and deliver exceptional solutions to clients. The partnership makes perfect sense, as KPMG’s deep understanding of client workflows and needs complements […]
Quantum-South Identifies Alternatives to Boost Amerijet International’s Cargo Load Factor by up to 30% with Cutting-edge Solution
Insider Brief: Amerijet International and Quantum-South have announced the successful completion of a joint Proof of Concept (PoC) project concentrated on leveraging aircraft loading optimization to enhance cargo load factor and revenue per flight. Quantum-South’s solution features an Aircraft Load Optimization module, designed to optimize container placement to maximize transported weight, volume, priority mix, or […]
Duality Quantum Accelerator Accepts Four Startups Into Latest Cohort
Insider Brief Duality quantum accelerator has accepted its latest cohort of four startups. The startups are developing solutions for a secure quantum internet, enabling the manufacture of products in microgravity, and accelerating the adoption of quantum computing and photonics. Chicago-based Duality is aimed at supporting next-generation startups focused on quantum science and technology. The Chicago-based […]
In Scalability First Approach, EeroQ Achieves Tape-Out of Its ‘Wonder Lake’ Chip
Insider Brief EeroQ achieves tape-out of new chip at US semiconductor foundry, which means it’s ready for fabrication and production. The company uses a helium approach for its quantum processor design. Ultimately, the company says this is a huge leap toward a quantum computer design that is powerful, small and scalable. In an important advance, […]
Russian Organization Looks to India for Collaboration in the Field of Quantum Computing
The Russian Quantum Centre (RQC), a private organization in Russia, is aiming to establish partnerships with Indian academic and research institutions as part of its strategy to develop quantum applications and hardware for public services, as revealed by Ruslan Yunusov, RQC’s CEO and co-founder. He mentioned that the Russian government will officially bring up this […]
New Filing: Zapata Computing Raises $4.8 Million, Hints at Quantum Generative AI Solutions
Insider Brief Zapata Computing Inc. has recently secured new funding. The company raised approximately $4.8 million as part of a larger planned fundraising round aimed at raising $20 million. The funding round was disclosed in a Form D dated July 7. Boston-based quantum computing startup, Zapata Computing Inc., has recently secured new funding, the Boston […]
Quantum Computing Inc. Launches the First Quantum Photonic Vibrometer
Insider Brief Quantum Computing Inc. announced the release of its Quantum Photonic Vibrometer, or QPV. The device is an instrument for remote vibration detection, sensing and inspection. It can be used for material recognition, enhanced surveillance, infrastructure integrity and preventive industrial maintenance. PRESS RELEASE — Quantum Computing Inc. (“QCi” or the “Company”) (NASDAQ: QUBT), a first-to-market […]
SEEQC System Red Successfully Runs HQS Quantum Simulations Algorithm
Insider Brief SEEQC and HQS Quantum Simulations report a successful run of an algorithm on the SEEQC System Red. The companies say this shows great potential to achieve commercially useful quantum advantage in the near term. These algorithms are designed to accelerate commercial roadmaps in the chemistry and pharmaceutical industries. PRESS RELEASE — SEEQC, the […]
Infleqtion and QinetiQ Win Award to Apply Quantum Computing to Logistics
Insider Brief Infleqtion and QinetiQ won a bid for Quantum End-to-End Compilation for Combinatorial Optimisation (QECCO) project through Innovate UK. This initiative will focus on using quantum algorithms to solve complex combinatorial optimization problems in logistics. The project team comprises experts in quantum software development, algorithmic implementation and benchmarking. PRESS RELEASE — Infleqtion, the world’s […]
VINCI Energies, QuantumBasel Use D-Wave’s Quantum Technology to Study HVAC Systems
Insider Brief QuantumBasel and VINCI Energies will work on the research and development of a series of quantum-hybrid applications. One challenge the teams plan to tackle is a computationally difficult part of HVAC design process called “network generation”. QuantumBasel is Switzerland’s first quantum hub for commercial use and VINCI Energies is environmental and digital transition […]
Atom Computing and National Renewable Energy Laboratory Exploring Electric Grid Optimization Using Quantum Computing
Insider Brief Atom Computing will collaborate with the National Renewable Energy Laboratory to explore how quantum computing can optimize the electric grid. Scientists demonstrated “quantum-in-the-loop” capability that can run certain types of optimization problems on a quantum computer. Optimization problems are considered “killer applications” for quantum computing. PRESS RELEASE — Atom Computing and the U.S. […]
Quantum Q2 2023: Quarter Closes With $108 Million in New Private Capital, Landmark Research Advances
The quantum industry saw $108 million in new private capital enter the market during the second quarter of 2023, as research institutions and businesses, alike made impressive advances to bring quantum advantage to the real world, according to The Quantum Insider’s quarterly report. From April to June, 2023, there were 16 newly disclosed private funding […]
3 Most Important Advantages of Quantum Computing
The realm of quantum computing is an ever-evolving landscape, where continuous advancements shape the course of technological progress. In this exploration, we embark on a journey to uncover the intrinsic marvels of quantum computing and unravel the advantages of quantum computing that propel it into the forefront of innovation and computational prowess.
IBM Quantum Research Points Toward Quantum Speedup in Tackling Complex, Useful Calculations
Insider Brief IBM Quantum researchers report that near-term quantum computers may be able to use algorithms to solve complex problems faster than classical devices. The team showed that their approach, if it scales, could address computational bottlenecks in machine learning, for example. IBM’s research team published its findings in Nature. In a significant step towards […]
Quantum Data & Intelligence – Importance for Quantum Industry
Within the complex matrix of the quantum technology industry, quantum data and market intelligence are the essential elements that form the framework of success for effective decision making. This article delves into the pivotal role of quantum data and business intelligence, exploring its hidden nature, the transformation from raw data to actionable insights, and the […]
SEALSQ Announces Closing of an Initial $10.0 Million Tranche of a Private Placement of Convertible Notes and Warrants
Insider Brief: SEALSQ has announced that it has closed an initial $10.0 million tranche of a total possible $20.0 million private placement pursuant to the terms of a securities purchase agreement, dated July 11, 2023, with certain institutional investors. The investment is in the form of a Senior Unsecured Original Issue 4% Discount Convertible Promissory […]