Wow, now we are talking about 2029 for quantum true usefulness! Investor confidence spiked: PsiQuantum seeks to raise $750M in a new round led by BlackRock, targeting a $6B valuation, while D-Wave Quantum secured a landmark $400M sales deal, and IonQ’s share price surged 114% last quarter, fueled by a high-profile collaboration with AstraZeneca, AWS, and NVIDIA for drug discovery. All thie while Multiverse Computing raises $215M driven by their AI efforts (not necessarily quantum though). IBM announced plans for its Quantum Starling computer by 2029, aiming for 200 logical qubits using qLDPC codes and a 20,000x increase in operations, complemented by a roadmap toward 5,000+ qubits and modular scaling. IQM has launched an integrated hybrid quantum-classical supercomputing solution due by late 2025. IonQ’s acquisition of Oxford Ionics brings together U.S.-U.K. expertise for next-generation ion trap systems, marking further hardware consolidation. And talking about the UK, NuQuantum released their QNU, a quantum interconnect for the datacenter that promises being the equivalent of Nvidia’s Infiniband, but for Quantum
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PQC at the white house, IBM, IonQ, IQM and…
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Wow, now we are talking about 2029 for quantum true usefulness! Investor confidence spiked: PsiQuantum seeks to raise $750M in a new round led by BlackRock, targeting a $6B valuation, while D-Wave Quantum secured a landmark $400M sales deal, and IonQ’s share price surged 114% last quarter, fueled by a high-profile collaboration with AstraZeneca, AWS, and NVIDIA for drug discovery. All thie while Multiverse Computing raises $215M driven by their AI efforts (not necessarily quantum though). IBM announced plans for its Quantum Starling computer by 2029, aiming for 200 logical qubits using qLDPC codes and a 20,000x increase in operations, complemented by a roadmap toward 5,000+ qubits and modular scaling. IQM has launched an integrated hybrid quantum-classical supercomputing solution due by late 2025. IonQ’s acquisition of Oxford Ionics brings together U.S.-U.K. expertise for next-generation ion trap systems, marking further hardware consolidation. And talking about the UK, NuQuantum released their QNU, a quantum interconnect for the datacenter that promises being the equivalent of Nvidia’s Infiniband, but for Quantum