Quantum Computing Business News

BMW Group and Technical University of Munich Team Up To Create Endowed Chair in Quantum Algorithms and Applications

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.

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Quantum Computing Business News

Cambridge Quantum Computing successfully raises $45 million

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.

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Quantum Computing Business News | Quantum Computing Companies

Amazon Braket hits Prime Time: AWS Quantum Computing with Braket is released to the Public

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.

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