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 …
Harvard-MIT Center for Ultracold Atoms and other universities has developed a special type of quantum computer known as a programmable quantum simulator capable of operating with 256 quantum bits. Above – By arranging them in sequential frames and taking images of single atoms, the researchers can even make fun atom videos. Courtesy of Lukin group …
Scaling up to a large number of qubits with high-precision control is essential in the demonstrations of quantum computational advantage to exponentially outpace the classical hardware and algorithmic improvements. Chinese researchers develop a two-dimensional programmable superconducting quantum processor, Zuchongzhi, which is composed of 66 functional qubits in a tunable coupling architecture. To characterize the performance …
ColdQuanta, the leader in Cold Atom Quantum Technology, has achieved a significant milestone in the development of its Quantum Computer by trapping and addressing 100 qubits in a large, dense 2-D cold atom array. On track to be available later this year, the digital gate-based quantum computer (code named “Hilbert”) will be among the most …
University of Science and Technology of China claims to have made a 62 qubit using programmable superconductors. Science – Quantum walks on a programmable two-dimensional 62-qubit superconducting processor Abstract Quantum walks are the quantum mechanical analog of classical random walks and an extremely powerful tool in quantum simulations, quantum search algorithms, and even for universal …
Peter Chapman, CEO and president at IonQ, discusses IonQ going public via a special purpose acquisition company deal with dMY Technology Group. IonQ will have a market capitalization of $2 billion. Chapman believes quantum computing will become mainstream and real-life issues it can solve. Quantum computing is very good at optimization problems with a cost …
Nextbigfuture interviewed Tom Noel, ColdQuanta’s Director of Quantum Computing and Interim CEO Dan Caruso. ColdQuanta is using neutral atoms instead of trapped ions as the basis for its quantum computers. ColdQuanta is building a functional first system now and believes they will be able to scale to the 1000s of qubits faster than competing approaches. …
IonQ trapped ion quantum computer is completing a $2 billion SPAC merger which will give it about $600 million in cash to fund its quantum computer developments. IonQ indicates that its 32 qubit trapped ion quantum computer can achieve a quantum volume of 4 million. Honeywell has the leading commercial quantum computer (also trapped ion) …
60 graphical processing units (GPUs) have been used to solve the Google quantum supremacy computer problem. Researchers generated one million correlated bitstrings with some entries fixed, from the Sycamore circuit with 53 qubits and 20 cycles, with linear cross-entropy benchmark (XEB) fidelity equals 0.739, which is much higher than those in Google’s quantum supremacy experiment. …
IonQ will merge dMY Technology Group III, a Special Purpose Acquisition Company. The deal will close in a few months after a review by the SEC and a shareholder vote. IonQ will be worth an estimated $1993 million after the deal. 64% or $1275 mlllion will be owned by IonQ pre-transaction shareholders. IonQ is the …
Honeywell has upgraded the commercial trapped ion quantum computer System Model H1 and achieved a quantum volume of 512. This is four times higher than when it was released in September 2020 with a quantum volume of 128. This is the highest measured on a commercial quantum computer to date. It is the third time …
