IBM has a 433 qubit quantum processor called Osprey and has a roadmap for 4000 qubits in 2025 and 100,000 qubits by 2030. These are more powerful qubits than the 5000+ adiabatic qubits from DWave Systems. Most other quantum computer companies are at about 50-100 qubits. The number of usable error-mitigated qubits is being improved. …
IonQ has received over $400 million in funding from Venture capitalists and an IPO. They presented their work at the 2021 QBWare conference. I, Brian Wang, will go going to the 2022 QBWare conference. IonQ indicates that their near term quantum computing systems can reach qubit fidelity of 99.98%. This means they are close to …
D-Wave Systems was trying to raise about $300 million from a SPAC. D-Wave was hoping the completion of the merger with DPCM Capital would grant it access to a trust account worth $300 million, assuming that there were no redemptions by shareholders, but the company disclosed in a recent filing with US regulators that the …
ColdQuanta cools atoms to a few millionths of a degree above absolute zero and uses lasers to arrange the atoms, hold them in place, run computations on them, and read out the results. Quantum calculations, communications, and sensing are the result. Satyendra Bose and Albert Einstein discovered the fifth form of matter—the Bose-Einstein Condensate (BEC). …
ColdQuanta, a leader in cold atom quantum technology, and Classiq, which provides the leading software platform for Quantum Algorithm Design, are partnering to make 100-qubit quantum circuits. This will combine ColdQuanta’s cold atom quantum computer and Classiq’s quantum algorithm design software. Nextbigfuture interviewed the Coldquanta CEO in March 2021. Nextbigfuture interviewed Tom Noel, ColdQuanta’s Director …
IonQ went public and is currently valued at $3.4 billion and was briefly over $6 billion in market value. IonQ plans to use barium ions as qubits in its systems, bringing about a wave of advantages it believes will enable advanced quantum computing architectures. IonQ has built its systems to date with ytterbium ions. Now, …
Researchers at ETH Zurich have succeeded, for the first time, in quickly and continuously correcting errors in digital quantum systems. This means they have overcome an important hurdle on the road to practical quantum computing. They have just published a paper on this as a preprint on ArXiv.org and submitted it to a journal for …
Cambridge Quantum, a leader quantum software, and Honeywell Quantum, a leader in trapped ion quantum hardware, have merged. The new company, which will be formally named in due course, will have a long-term agreement with Honeywell to help manufacture the critical ion traps needed to power the quantum hardware. Honeywell will invest between US$270million to …
IonQ’s quantum computers are now powerful enough to demonstrate a state-of-the-art quantum algorithm from Goldman Sachs and QC Ware that could one day speed up Monte Carlo simulations. These simulations are key for problem solving in many industries, including finance, telecommunications, robotics, climate science, and drug discovery. Arxiv -Low depth amplitude estimation on a trapped …
Xanadu Quantum Technologies is a Canadian quantum computing hardware and software with US$145 million of funding. In May, 2021, they raised US$100M in Series B financing. Bessemer Venture Partners led the round with participation from Capricorn, Tiger Global, BDC Capital, In-Q-Tel, along with returning investors Georgian, OMERS, and Tim Draper. The round brings Xanadu’s total …
Reservoir computing is an approach to make machine learning algorithms run faster. The word reservoir refers to a dynamical system. The reservoir consists of a bunch of recurrently connected units that are connected randomly. The main forms of reservoir computing use a recurrent neural network, and instead of updating all parameters of the network, it …
