The Quantum Daily

Business

Beyond Qubits: University of Sydney’s Quantum Team Say They’ve Taken Huge Step Forward In Scaling Up Quantum Computers

Matt Swayne - February 4, 2021 0

Through the Microsoft partnership with the University, Professor David Reilly and colleagues have invented a device that operates at 40 times colder than deep...

Business

IBM’s Quantum Software Roadmap Points to Massive Speedup — Accomplishing In A Day What Once Took Months

Matt Swayne - February 4, 2021 0

IBM announced its quantum development roadmap, including a massive increase in the speed of quantum applications in 2021 through a 100x speedup of quantum...

Business

How Will Jeff Bezos’ Move Affect Amazon’s Quantum Ambitions?

Matt Swayne - February 3, 2021 0

The announcement that Andy Jassy will replace Jeff Bezos as Amazon's chief executive officer caught many people by surprise. The move may affect the...

Business

CQC, Roche Partner to Use Quantum Algorithms to Tackle Drug Discovery for Alzheimer’s Disease

Matt Swayne - January 31, 2021 0

Cambridge Quantum Computing (CQC) is pleased to announce their collaboration with Roche, to design and implement noisy-intermediate-scale-quantum (NISQ) algorithms for early-stage drug discovery and...

Business

The Case for M&A: One Way To Expand Market Reach To The Quantum Sector

James Dargan - January 30, 2021 0

CGI When the Walt Disney Company acquired Pixar Animation Studios for $7.4B in 2006, it brought Disney into a new era of content creation. Pixar’s...

Business

Chinese-based Qudoor Quantum Garners 50 million Yuan –$7.8 Million U.S. — in Angel Round Financing

Matt Swayne - January 29, 2021 0

Chinese media is reporting that quantum communication startup Qike Quantum received 50 million yuan in an Angel financing round. Investors include Zhongguancun Development Frontier Fund,...

Business

Classiq Secures $14.5 Million, Accelerating the Development of Quantum Computing Software

Matt Swayne - January 27, 2021 0

Classiq, enabling the development of world-changing quantum algorithms and applications, today announced that it secured $14.5 million in funding, according to a company statement....

Business

Global Cryogenics Forecast Positive For 2025, Set to Reach over $17B

James Dargan - January 27, 2021 0

Image by Pexels from Pixabay Don’t Blink As the quantum tech space gains traction, which in turn sets the media off into a frenzy, which in turn,...

Business

Terra Quantum Appoints Valerii Vinokur, Fritz London Memorial Prize honouree, as Chief Technology Officer US

Matt Swayne - January 26, 2021 0

Terra Quantum AG, a European quantum technology company, announced that Valerii Vinokur will be joining its staff as its Chief Technology Officer (CTO), United...

Business

Young Industry, Old Roots | The 9 Veteran Startups of Quantum Tech

James Dargan - January 25, 2021 0

Image by Gerd Altmann from Pixabay Right & Wrong Here’s a question for the QC aficionados out there: What’s the name of the first company ever in the quantum...

Business

Latin-American Initiative is Popularizing Quantum Computing in Spanish-speaking Countries

AI Commission Urges US to Focus on National Security Quantum Apps, Domestic Fabrication

Scientists Say They Used Classical Computers to Outperform Google’s Sycamore QC