On October 27, VentureIsrael launched a new capital venture fund which is directed at Israel-based technology startups. The investment strategy is aimed at technology companies with experience, flexible business strategy, and most importantly an advantage in their field.
The last earnings review for Intel was not kind. The sale of its memory business contributed to a massive decline of around 11% in its share price. Seemingly out-smarted by the the likes of AMD and NVIDIA, the chip maker seems to have fallen foul of Wall Street. But could the company which is the only chip maker that conducts research in Quantum Computing be one of the most under-valued ‘Quantum’ companies?
Nu Quantum, a quantum photonics company, managed to raise £2.1 million in seed funding when Amadeus Capital Partners led an investment round. Four other companies, Ahren Innovation Capital, IQ Capital, Cambridge Enterprise, and Martlet Capital, also invested in Nu Quantum following the latter’s pre-seed investment round last September. Seraphim Capital is a newcomer to investing […]
The NExt ApplicationS of Quantum Computing (NEASQC) project in France will bring together a large group of experts from different industries and fields. These include experts in quantum computing, high-performance computing, AI, chemistry, and energy management. NEASQC intends to show that while completely fault-tolerant quantum computing with millions of qubits is still not available today, there remain practical uses for the NISQ (Noisy Intermediate- Scale Quantum) systems that will be available soon. NISQ computing has some advantages when running select applications, which can bring significant benefits to users such as those in industries.
IQM recently revealed their new breakthrough. Its new high-speed nanoscale radiation detector is now on par with the most powerful quantum computer readers available. The research for the detector was carried out at Aalto University and VTT Technical Research Centre of Finland by many of IQM’s present employees.
Today, IonQ, a leader in quantum computing, revealed their next-gen quantum computer system featuring thirty-two (32) perfect qubits with low gate errors, placing the quantum volume expected to be greater than four million (4,000,000). In the “quantum race” we are seeing company after company announce ground breaking achievements in Quantum Volume.
John Martinis was Google’s former head quantum scientist, allowing the dominant company to achieve quantum supremacy before recently joining Silicon Quantum Computing, an Australian startup, validating its approach to quantum technology.
Zapata, a Boston-based quantum computing startup, announced its commercial release of Orquestra. It is an advanced software platform used to create repeatable quantum and quantum-based workflows.
In another of our fun polls, in taking the zeitgeist of the quantum sector, we posed the follow question about which company is the most investment worthy out of four companies: IBM, Intel, Google and Honeywell.
Quantum companies are not just the preserve of Silicon Valley, with many regions creating technologies and services in the quantum space. Regions from Toronto to Texas are seeing quantum computing companies emerge. We’ll highlight five companies from the United Kingdom that aim to shake-up the Quantum Computing space.