BMW Group has made it clear that in the future is going to support the development of quantum technologies at the Technical University of Munich (TUM). The president of TUM the Prof. Thomas F.Hoffman, Frank Weber, one of the members of the board of management at BMW AG, and Alexander Buresch, CIO of BMW AG, have signed a mutual agreement for the establishment of an endowed chair in Quantum Algorithms and applications.
Indian multinational corporation Wipro recently signed a Memorandum of Understanding with Tel Aviv University (TAU) in Israel. This act would bolster India-Israel relations and scientific collaboration. The MoU will focus on quantum science and technology.
Trimble, a company involved in transportation among many other fields, has recently collaborated with Microsoft to use Azure Quantum to solve the most complicated freight optimisation problems.
Archer Materials Limited has just entered into a collaborative partnership with Max Kelsen, a leading company in the artificial intelligence (AI) and machine learning fields. Both companies are members of IBM’s Q Network, a global network for quantum companies.
Cambridge Quantum Computing (CQC) has just successfully raised $45 million, generously given by investors such as Honeywell Ventures, IBM Ventures, JSR Corporation, Serendipity Capital, Alvarium Investments, and Talipot Holdings. This large sum will be used to make commercialising quantum computing a closer reality as well as strengthening the company’s position as a leader in quantum computing software and applications.
On 12 October 2020, there was an article published in Nature discussing the condition and trends of the quantum computing market and commercial outlook. It gives us a glimpse into the fascinating trends discovered after the authors analysed around twenty years of data. The article goes into specifics as to what drives these phenomena and trends.
Not even one year ago Amazon launched its quantum computing cloud service. The service named Braket. No that is not a typo. Braket is named after the notation that quantum scientists used: Bra’s and Ket’s. But the name will likely just be called “bracket” in terms of pronunciation, we suspect. Now Amazon is making Amazon Braket open for General Release.
One of the UK’s Quantum Computing companies announced recently that it has joined forces with IBM (Big Blue). The large corporate will invest into CQC (Cambridge Quantum Computing). The plan is for IBM to become a strategic investor in the Cambridge company.