In a recent release, Eleven Japanese companies which include the giant Toshiba, Toyota and Nippon Telegraph plan to jointly launch a council this summer 2021 to create a new industry using quantum technology.
India’s IT solution provider Mphasis has announced the plan for setting up new headquarters in Calgary, Canada, and with this move will create 1,000 new tech jobs in the next two years. For this plan to be accomplished Mphasis has reached a public-private partnership with the Government of Alberta and The University of Calgary.
A few days ago, Qu&Co was pleased to announce the multi-year collaboration with Janssen Pharmaceuticals for the purpose of researching, developing, and testing quantum computational methods for applications in pharma research and development.
Zapata Computing, one of the leading software companies that focus on quantum-classical applications, has recently announced that is expanding its operations by registering a new legal entity in the UK. This expansion is going to enable Zapata Computing to work more closely on projects that are restricted on export by the UK’s government, namely the […]
Last year we announced Amazon’s public unveiling of a new Quantum computing service named Amazon Braket and now almost nine months later, starting from May 25th, 2021, Amazon Braket has started offering their fully managed, density matrix simulator named DM1, created for the purpose of simulating quantum circuits with noise. The DM1’s goal is to help you investigate the effect of realistic noise on your quantum algorithms, also to inform you about error migration strategies and get you more accurate results of today’s quantum computing hardware. With the new DM1 simulator, you will be able to simulate up to 17 qubits and you will be able to run up to 35 simulations simultaneously, in order to accelerate your experiments. Also, for fast debugging and prototyping you can now use the local noise simulator available on the Amazon Braket SDK.
On March 11, the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, announced that the Canadian government will invest $40 million in D-Wave Systems. This will support a $120-million quantum computer hardware and software development project. The investment will help Canada ensure it stays at the forefront of international quantum technology development.
In news that will excite everyone from technology enthusiasts to the investment community, the news that IonQ a creator of Quantum Computing technology using trapped Ions is headed for the public market will galvanise the quantum computing industry and possibly lead the way for the industry. As we have written previously, IonQ will hit the market via a SPAC or special purpose acquisition company. The startup IonQ has entered into a merger agreement with dMY Technology Group, Inc. III (the SPAC). The end result is that IonQ will be the first publicly traded pure-play quantum computing company.
While Israel joining the quantum race is old knowledge, recently the country has decided to plan on spend $60 million, or 198 million shekels, to build a 30-40 qubits quantum computer. The funding will raised by the Ministry of Defence and Innovation Authority, with bids from multinational companies, Israeli businesses, and universities. The winner of this round will begin working before the end of 2021.
A number of Maryland leaders, ranging from those of the University of Maryland, the state, and others recently convened to launch an alliance. The said alliance was formulated to push the region’s quantum science and engineering field further. The members also want to make quantum mainstream in Maryland. UMD is leading this alliance.
BP (the energy giant) has joined the IBM Quantum Network to advance the use of quantum computing technology in the energy industry. As an Industry Partner, BP will have access to IBM’s quantum assets and expertise through the cloud. Currently, BP will be able to use a 65-qubit quantum computer as well as be involved in an important milestone on the IBM roadmap, a 1,000+ qubit system scheduled for the end of 2023.