Big public funding news this week. The EU has invested €5.7 million in the Slovenian Quantum Science Hub (SQUASH), a project aimed at cultivating expertise in quantum research and technology. The UK government has also announced over £100 million in funding for five new quantum research hubs. And a $2.5 Billion for DOE in USA from a bipartisan act. Meanwhile, China is making significant strides in quantum computing, with Origin Quantum Computing Technology Co. developing a third-generation superconducting quantum computer, "Origin Wukong". D-Wave, a quantum computing company based in Palo Alto, has unveiled a new product development roadmap focused on addressing AI/ML workloads. Quantum communication technology is also set to revolutionize the field, with NASA's Space Communications and Navigation (SCaN) program leading the way. Telefónica has also partnered with Fortinet, Warpcom, and Quantum Xchange to develop a quantum security architecture solution, aimed at protecting organizations against quantum computing cyber attacks.Quantinuum has introduced the beta version of its comprehensive quantum computing platform, Quantinuum Nexus. The platform simplifies quantum computing workflows and provides full-stack support. Quantinuum / Honeywell are also in potential preparations for an IPO at a $10B valuation. Would it have the same effect as the other quantum companies? In any case, they joined other companies in Quantum Platforms such as Strangeworks, Covalent, QCentroid and Terra Quantum. Clearly there is market space here.
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The Week in Quantum Computing - August 5th…
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Big public funding news this week. The EU has invested €5.7 million in the Slovenian Quantum Science Hub (SQUASH), a project aimed at cultivating expertise in quantum research and technology. The UK government has also announced over £100 million in funding for five new quantum research hubs. And a $2.5 Billion for DOE in USA from a bipartisan act. Meanwhile, China is making significant strides in quantum computing, with Origin Quantum Computing Technology Co. developing a third-generation superconducting quantum computer, "Origin Wukong". D-Wave, a quantum computing company based in Palo Alto, has unveiled a new product development roadmap focused on addressing AI/ML workloads. Quantum communication technology is also set to revolutionize the field, with NASA's Space Communications and Navigation (SCaN) program leading the way. Telefónica has also partnered with Fortinet, Warpcom, and Quantum Xchange to develop a quantum security architecture solution, aimed at protecting organizations against quantum computing cyber attacks.Quantinuum has introduced the beta version of its comprehensive quantum computing platform, Quantinuum Nexus. The platform simplifies quantum computing workflows and provides full-stack support. Quantinuum / Honeywell are also in potential preparations for an IPO at a $10B valuation. Would it have the same effect as the other quantum companies? In any case, they joined other companies in Quantum Platforms such as Strangeworks, Covalent, QCentroid and Terra Quantum. Clearly there is market space here.