The University of Western Australia's released a new undergraduate quantum computing major. Caltech and Broadcom partnered together, and Stanford launched the Center for Responsible Quantum Technology. Infleqtion joins Japan's Quantum Moonshot program to work with neutral atoms. The Quantum Pact launched by the EU aims to make Europe a global leader in quantum technologies (just at the shadow of the EU AI act). Terra Quantum launches TQ42's Quantum-as-a-Service platform, adding one more player in the market of Quantum as a Service (joining Strangeworks, Plancq, QCentroid and others). Zapata AI launches BenchQ tool demonstrate how businesses can leverage quantum computing. The hybrid quantum multiple kernel learning methodology proposed by a team of researchers shows the potential applications of quantum computing in the financial sector. The forecasted growth of the quantum computing market to $6,528 million by 2030 indicates the significant potential for business transformation. QNu raises $6.5M in a pre-series A. In a similar way to how we fight for public funding in Europe, Colorado and Illionis in the US fight for their position in the CHIPS act to get quantum cash. A new method using multiple kernel learning promises advances in fraud detection. Reuters has published an amazing article and infography on quantum security. Find the link below.But in my opinion, the one development from this week has been the paper “Does provable absence of barren plateaus imply classical simulability? Or, why we need to rethink variational quantum computing” that gave us some good pointers on how variational algorithms may evolve, as well as fantastic memes.