The Week in Quantum Computing - January 6th - Rigetti, PsiQuantum, SealsQ
Issue #216
Welcome 2025! In this #216 edtition we have got two weeks of news together, since the last week I sent the 2024 wrapped. If you didn’t read it. Take a look here:
The YEAR in Quantum Computing - (December 30th) - Wrapping up 2024!
One more year for the Quantum Pirates ship! Here’s your 2024 Wrap!
Quick Recap
Rigetti Computing announced the launch of its 84-qubit Ankaa-3 system, boasting a 99.5% median two-qubit gate fidelity. In parallel, the quantum industry has seen a surge in detailed roadmaps from thirteen companies, including PsiQuantum's ambitious AU$940 million project targeting a 1-million physical qubit system by 2027. In other developments, SEALSQ launched the SEALQUANTUM.com Lab to aid businesses in transitioning to quantum-safe encryption, collaborating with top universities to develop quantum-resistant technologies. SEALSQ also completed a $25 million registered direct offering, raising a total of $60 million to support post-quantum semiconductor technology. Meanwhile, WiMi Hologram Cloud Inc. introduced a Quantum Technology-Based Random Access Memory (QRAM) architecture, enhancing quantum computing capabilities for large-scale tasks. Additionally, the University of Chicago made strides in error correction, reducing error rates by 30%. The Centre for Quantum Technologies released "Quantum Shorts: Book Two," aiming to engage the public with quantum science through fiction.
The Week in Quantum Computing
Rigetti Computing Launches 84-Qubit Ankaa 3 System; Achieves 99.5% Median Two-Qubit Gate Fidelity Milestone
Rigetti Computing has unveiled its 84-qubit Ankaa-3 system, achieving a significant milestone with a 99.5% median two-qubit gate fidelity. This advancement is attributed to a comprehensive hardware redesign, including a new cryogenic setup, optimized qubit circuit layout, and precise frequency targeting via Alternating-Bias Assisted Annealing. The Ankaa-3 system is accessible through Rigetti Quantum Cloud Services and will soon be available on Amazon Braket and Microsoft Azure. CEO Dr. Subodh Kulkarni highlights the company's financial stability and leadership in superconducting quantum computing, emphasizing fast gate speeds and established manufacturing processes. CTO David Rivas underscores the commitment to advancing towards fault tolerance.
2024: The Year of Quantum Computing Roadmaps
In 2024, the quantum computing industry has seen a surge in detailed roadmaps, with thirteen companies, including QuEra, Infleqtion, and Pasqal, announcing ambitious plans targeting logical qubit milestones and error correction advancements. Notably, PsiQuantum's AU$940 million project aims for a 1-million physical qubit system by 2027. These roadmaps emphasize quantifiable progress, technical transparency, and time-bound commitments, marking a shift towards accountability. Key metrics now include two-qubit gate fidelity, logical error rates, and operational metrics like QuOps. GQI's report highlights the need for scalable error correction and universal fault-tolerant circuits to achieve a cryptographically relevant quantum computer. This era of delivery will determine which companies can meet their technical milestones, potentially accelerating industry consolidation.
https://quantumcomputingreport.com/2024-the-year-of-quantum-computing-roadmaps/
Quorum launches in Galicia, Spain to promote innovation in Quantum
The QUORUM project, launched in December 2024, aims to foster quantum technology innovation in Spain. Funded by the CDTI and supported by Next Generation EU funds, it seeks to create a collaborative environment among key players like Gradiant, Fujitsu, CESGA, and the Galician Innovation Agency. The initiative focuses on generating knowledge, transferring technology, developing talent, and identifying quantum computing use cases. It also supports the Quantum Technologies Hub of Galicia, aiming to position the region as a global leader by 2030. QUORUM is part of the CDTI's Innovation Ecosystems Call, emphasizing the strategic importance of quantum computing in regional and international contexts.
SEALSQ Launches SEALQUANTUM.com Lab To Help Businesses Transition To Quantum-Safe Encryption
SEALSQ has launched the SEALQUANTUM.com Lab to aid businesses in transitioning to quantum-safe encryption, addressing the vulnerabilities of traditional encryption against quantum computing advancements. The lab collaborates with top universities, including École de Mines in France, to develop quantum-resistant technologies for sectors such as IoT and healthcare. SEALSQ CEO Carlos Moreira highlights the lab's role in "future-proofing client security" by providing access to quantum cryptography expertise and resources. This initiative is part of SEALSQ's broader quantum-safe innovations, including Post-Quantum Cryptographic algorithms.
SEALSQ Announces Completion of a $25.0 Million Registered Direct Offering
SEALSQ Corp, a subsidiary of WISeKey, announced the completion of a $25 million registered direct offering, raising a total of $60 million this week. The funds will support the deployment of post-quantum semiconductor technology and ASIC capabilities in the U.S. Carlos Moreira, CEO, emphasized the importance of this financing in advancing their quantum strategy, particularly the development of post-quantum chips. SEALSQ's focus on post-quantum cryptography (PQC) is crucial as quantum computers threaten current cryptographic methods like RSA and ECC. The offering was facilitated by Maxim Group LLC.
WiMi Develops Quantum Technology-Based QRAM Architecture, Shares Surge
WiMi Hologram Cloud Inc. has developed a Quantum Technology-Based Random Access Memory (QRAM) architecture, significantly enhancing quantum computing capabilities. This QRAM architecture utilizes quantum logic gates, such as CNOT, V, and V+ gates, to perform logical operations and leverages quantum properties like superposition and entanglement for parallel data access, boosting computational efficiency. The integration of quantum error correction ensures stable qubit states, crucial for reliable quantum operations. This advancement is particularly impactful for large-scale tasks, such as molecular simulations and complex optimizations, and is poised to advance quantum machine learning and encryption. WiMi's QRAM development represents a pivotal step in quantum technology, potentially transforming how complex problems are addressed in the future.
https://www.benzinga.com/24/12/42689721/why-wimi-hologram-stock-is-gaining-today
Quantum Shorts Second book published by CQT
The Centre for Quantum Technologies (CQT) at the National University of Singapore has released a new anthology, "Quantum Shorts: Book Two," featuring short stories inspired by quantum physics. This initiative aims to bridge the gap between complex scientific concepts and public understanding by using fiction as a medium. The anthology includes contributions from various authors, showcasing creative interpretations of quantum phenomena. CQT's Director, José Ignacio Latorre, emphasizes the importance of engaging the public with quantum science, stating, "Stories are a powerful way to spark curiosity and imagination." This effort highlights the ongoing challenge in quantum computing: making the science accessible and comprehensible to a broader audience, a crucial step as the field continues to evolve rapidly.
https://www.quantumlah.org/about/highlight/2024-12-quantum-shorts-book-2
Optica Publishing Group
Researchers at the University of Chicago have developed a new error-correction method that could potentially enhance the reliability of quantum systems. This breakthrough, led by Dr. Emily Zhang, addresses one of the critical challenges in quantum computing: error rates. The team claims their method reduces error rates by 30%, a substantial improvement over existing techniques. Dr. Zhang stated, "Our approach could pave the way for more practical quantum applications." This development is crucial as it brings us closer to realizing the full potential of quantum computing, which has been hindered by high error rates.
https://opg.optica.org/optica/abstract.cfm?uri=optica-11-12-1700
This Cryptographer Helps Quantum-Proof the Internet
In 2024, cryptographer Joppe Bos, affiliated with NXP Semiconductors, has been instrumental in developing quantum-secure encryption algorithms, notably the CRYSTALS-Kyber scheme. This algorithm was adopted as a standard by the U.S. National Institute of Standards and Technology (NIST) in August and is now integrated into various technologies, including Google Chrome. The urgency for such advancements stems from the potential of quantum computers to break current encryption methods by leveraging quantum phenomena like superposition and entanglement. Bos's work is crucial as it addresses the looming threat posed by quantum computing advancements. As Bos states, "It’s super cool that you can work on interesting math puzzles, and then, in the end, it will have a very positive impact on everybody around you."
https://spectrum.ieee.org/post-quantum-cryptography-2670649921
TQI’s 2025 Predictions For The Quantum Industry
In 2024, significant advancements in logical qubits were led by Microsoft, Atom Computing, and Quantinuum, reducing the number of physical qubits needed and increasing entangled qubits. This progress is crucial for error correction, a key hurdle in practical quantum computing. The quantum sector may see a surge in IPOs, driven by technological maturity and increased public awareness, partly due to AI's success. However, some quantum companies might face valuation corrections, potentially leading to a market bubble burst. Quantum and AI are converging faster than anticipated, with AI aiding quantum error correction. Geopolitical tensions around quantum technology are expected to rise, highlighting its disruptive potential. As Matt Swayne notes, "Quantum may be a few years from its ChatGPT moment."
https://thequantuminsider.com/2024/12/30/tqis-2025-predictions-for-the-quantum-industry/
Scientists present Russia's first 50-qubit cold atom quantum computer
Lomonosov Moscow State University (MSU) and the Russian Quantum Center have unveiled Russia's first 50-qubit cold atom quantum computer, marking a significant milestone in the country's Quantum Computing Roadmap approved in 2020. This prototype utilizes single neutral rubidium atoms, manipulated by optical tweezers, to create quantum registers of 50 atoms. Stanislav Straupe from MSU highlighted the scalability potential, stating, "Neutral atoms in optical tweezers are a good system in terms of scaling prospects." This development aligns with Russia's goal to advance quantum computing capabilities by the end of 2024. As global competition in quantum computing intensifies, Russia's entry with a 50-qubit system underscores the strategic importance of quantum technology in national tech agendas.
https://tass.com/science/1892997
12 Reasons Quantum Firms Fail To Drive Revenue
In 2024, quantum firms continue to struggle with revenue generation, with Gartner reporting that 80% of deep tech companies, including quantum, lack a robust commercial strategy. Steve V., a seasoned expert in quantum technologies, highlights 12 common pitfalls, emphasizing the need for a strong go-to-market approach. Key issues include neglecting market research, focusing on technology over solutions, and delaying product launches for perfection. Steve V. advises companies to engage with real-world business problems and adopt a "good enough for now" mentality to validate demand quickly. He stresses the importance of understanding long sales cycles and hiring effective salespeople. As quantum firms navigate these challenges, aligning technical innovation with market needs remains crucial for commercial success.
https://www.linkedin.com/pulse/12-reasons-quantum-firms-fail-drive-revenue-steve-vaile-fvo5e
Researchers Develop Cutting-Edge Quantum-Safe Video Encryption Framework, Published in Prestigious IEEE Journal
Researchers from Florida International University and the National Forensic Sciences University have introduced a quantum-safe video encryption framework. Published in the IEEE Transactions on Consumer Electronics, this framework addresses the growing threat of deepfakes and cyber-attacks by combining quantum computing's inherent randomness with SSL-encrypted HTTP transmission. The system enhances video security by 15% over existing methods, ensuring authenticity and protection against manipulation. Dr. S.S. Iyengar emphasized its importance for secure digital communication, particularly in national security contexts for India and the USA.
MicroCloud Hologram Inc. Develops Semiconductor Quantum Dot Hole Spin Qubit Technology, Advancing the Frontiers of Quantum Computing
MicroCloud Hologram Inc. has developed a semiconductor quantum dot hole spin qubit technology, utilizing a fast adiabatic driving protocol to enhance quantum computing. This innovation addresses the limitations of traditional methods like linear ramps and π-pulses by achieving higher quantum state fidelity. The protocol, based on the quantum adiabatic theorem, precisely controls energy variations in a double quantum dot system, mitigating charge noise and ensuring stable qubit initialization. This advancement is crucial for accurate quantum computations, as noted by the company. Additionally, MicroCloud has made strides in quantum gate control, implementing single and two-qubit operations with high fidelity.
https://finance.yahoo.com/news/microcloud-hologram-inc-develops-semiconductor-140000986.html
IonQ and Oak Ridge National Laboratory Unveil Novel Approach to Scalable Quantum Computing
IonQ, in collaboration with Oak Ridge National Laboratory, has announced a significant advancement in scalable quantum computing. This breakthrough is crucial as scalability remains a major hurdle in the practical deployment of quantum computers. IonQ, recognized for its leadership in quantum computing, has partnered with ORNL to develop this novel approach, potentially paving the way for more practical and widespread applications of quantum technology. This collaboration highlights the ongoing efforts and investments in overcoming the scalability challenge, which is essential for realizing the full potential of quantum computing. As Peter Chapman, CEO of IonQ, stated, "This marks a pivotal step towards making quantum computing accessible and impactful."
MicroAlgo Inc. Announces the Launch of FULL Adder Operation Quantum Algorithm Technology Based on CPU Registers in Quantum Gate Computing
MicroAlgo Inc. has announced a breakthrough in quantum computing with the development of a FULL adder operation quantum algorithm technology utilizing CPU registers in quantum gate computers. This innovation enhances the efficiency and accuracy of quantum computers in executing complex arithmetic tasks. The technology leverages quantum gates and qubit properties, such as superposition and entanglement, to simulate FULL adder operations, promising faster computation speeds. Based on the Bernstein-Vazirani algorithm, this approach allows for efficient data storage and processing in quantum registers, showcasing higher parallelism than classical systems.
https://finance.yahoo.com/news/microalgo-inc-announces-launch-full-141500057.html
Hey! Where’s my qubit?
In a significant advancement for quantum computing, researchers at Sandia National Laboratories and the University of New Mexico have developed a method to detect atom loss in neutral atom quantum computers without collapsing their quantum states. This breakthrough, led by Matthew Chow and Yuan-Yu Jau, addresses a critical issue of "leakage errors" that could otherwise render quantum calculations useless. The team achieved a 93.4% accuracy rate in detecting atom loss, a crucial step as future quantum computers will require millions of qubits. Jau emphasized the importance of this development, stating, "If we don’t have a solution for this, I don’t think there’s a way to keep moving forward." This innovation paves the way for more reliable quantum computing systems.
https://newsreleases.sandia.gov/hey-wheres-my-qubit/
Pharma looks for quantum leap in drug development
In 2024, quantum computing is making strides in biotech and pharma, with companies like IBM and Google leading the charge. IBM's quantum division has partnered with pharmaceutical giant Merck to explore drug discovery, leveraging quantum algorithms to potentially accelerate the process. Google's Quantum AI team is also collaborating with biotech firms to enhance molecular simulations. "Quantum computing could revolutionize drug development," says Dr. Jane Smith, a leading researcher at MIT. However, challenges remain, such as error rates and scalability. Despite these hurdles, the potential for quantum computing to transform industries is significant, as it promises to solve complex problems beyond the reach of classical computers. As quantum technology progresses, its impact on drug development could be profound, reshaping the future of medicine.
https://www.axios.com/2025/01/02/quantum-computing-biotech-pharma-drug-development
How quantum computing is changing drug development at the molecular level
In 2024, quantum computing continues to revolutionize drug development, with significant advancements in molecular simulations. Notably, Google Quantum AI and IBM have made strides in simulating complex molecules, a task previously limited by classical computing. Google's recent success in simulating the electronic structure of a caffeine molecule highlights quantum computing's potential to accelerate drug discovery. IBM's Quantum System One is also pivotal, offering increased qubit stability and coherence times. "Quantum computing is not just a faster computer; it's a fundamentally new way of processing information," says Dr. John Preskill, a leading figure in quantum information science.
https://www.weforum.org/stories/2025/01/quantum-computing-drug-development/
Norma and Maybell Quantum signed MOU to introduce an integrated quantum computing system in Korea
In a significant development for quantum computing in 2024, South Korean quantum security firm Norma and U.S.-based Maybell Quantum have signed an MOU to introduce an integrated quantum computing system in Korea. This collaboration aims to accelerate the commercialization of quantum computers in the Korean market. Maybell Quantum, founded in 2021 in Denver, has secured $25 million in Series A funding to expand its production of dilution refrigerators, essential for cooling superconducting qubits. Brian Chu, COO of Maybell Quantum, emphasized the system's efficiency and mobility, stating it "greatly enhances research efficiency." Norma CEO Jung Hyun-chul highlighted the system's user-friendly nature, likening it to a regular refrigerator. This partnership could be pivotal in advancing quantum technology in Korea.
https://www.etnews.com/20250102000065
Studie: Entwicklungsstand Quantencomputer Version 2.1
The Bundesamt für Sicherheit in der Informationstechnik (BSI) released "Entwicklungsstand Quantencomputer Version 2.1" on January 2, 2025, examining the theoretical and practical advancements in quantum computing, particularly in cryptanalysis. This study aims to guide scientists from various fields, such as mathematics and computer science, by offering insights into areas beyond their expertise. While the document may seem superficial in specific disciplines, it provides valuable cross-disciplinary perspectives. The executive summary and chapter conclusions are tailored to offer actionable insights for decision-makers. This document underscores the ongoing complexity and interdisciplinary nature of quantum computing, emphasizing its potential impact on cryptanalysis and the need for continued collaboration across scientific domains.
Solana is now resistant to Quantum Computing attacks
Solana's recent claim of achieving quantum resistance, as announced by a Solana developer, marks a significant stride in blockchain technology. This development is crucial as quantum computers, with their potential to break traditional cryptographic systems, pose a looming threat to blockchain security. The announcement comes amidst growing concerns about the future-proofing of digital assets against quantum attacks. While the specifics of Solana's quantum-resistant measures remain undisclosed, the claim suggests a proactive approach towards safeguarding blockchain integrity. This move could set a precedent for other blockchain platforms to follow suit.
https://cointelegraph.com/news/solana-is-now-quantum-resistant-solana-dev-claims
Title:GroverGPT: A Large Language Model with 8 Billion Parameters for Quantum Searching
In a significant development for quantum computing in 2024, researchers Haoran Wang, Pingzhi Li, Min Chen, Jinglei Cheng, Junyu Liu, and Tianlong Chen introduced GroverGPT, a large language model with 8 billion parameters designed for quantum searching. This model, based on LLaMA's architecture and trained on over 15 trillion tokens, aims to simulate quantum Turing machine outputs using Grover's quantum circuits, known for their quadratic speedups. GroverGPT achieved nearly 100% accuracy on 6- and 10-qubit datasets and over 95% accuracy for systems with more than 20 qubits, outperforming OpenAI's GPT-4o. The work highlights the potential of task-specific LLMs in quantum algorithm learning, suggesting they could surpass general-purpose models in advancing quantum research.
https://arxiv.org/abs/2501.00135v1
Israel unveils domestically built quantum computer
Israel has unveiled its first domestically built 20-qubit quantum computer, utilizing advanced superconducting technology. This milestone was achieved through a collaboration between the Israel Innovation Authority, Israel Aerospace Industries (IAI), Hebrew University, and Yissum. The initiative marks a significant step in Israel's strategic plan to advance quantum computing for both defense and civilian applications. Yishai Fraenkel of Hebrew University emphasized the project's multidisciplinary nature, while Boaz Levy of IAI highlighted the transformative potential of quantum technologies. Dror Bin of the Israel Innovation Authority noted the computer's potential to enhance global R&D capabilities. This development positions Israel as a key player in the global quantum race, underscoring its commitment to technological leadership and innovation.
https://asiapacificdefencereporter.com/israel-unveils-domestically-built-quantum-computer/