Physicists from the University of Innsbruck and the Max Planck Institute introduced a new metric to evaluate quantum computers' ability to solve many-body problems, a crucial step in enhancing quantum algorithms. Rigetti Computing completed a $100 million equity offering to strengthen its superconducting quantum computing capabilities. Researchers led by Haoran Liao made strides in quantum error correction, achieving over 85% gate fidelities and creating a 75-qubit GHZ state, the largest reported to date. Quantinuum, in collaboration with Harvard and CalTech, advanced non-Abelian quantum computing with topological qubits, potentially reducing resource-intensive challenges. Alice & Bob launched Felis 1, a logical qubit emulator to advance fault-tolerant quantum computing. Investment trends in 2024 reflect a focus on quantum hardware and midstack solutions, with $7.06 billion raised across 296 funding rounds. SemiQon's cryogenic transistor promises to enhance scalability by reducing heat dissipation, and South Korea's increased investment in quantum projects highlights global interest.