The University of Hamburg has launched a €17 million quantum computing project, supported by the European Regional Development Fund and the city of Hamburg. In the U.S., the Biden administration is allocating $504 million to 12 tech hubs to advance quantum computing, biomanufacturing, and other cutting-edge technologies. Notably, the Elevate Quantum Tech Hub in Colorado and New Mexico received $41 million, aiming to create over 10,000 quantum jobs and attract $2 billion in private capital by 2030. Quantinuum and the University of Colorado Boulder achieved a milestone in quantum error correction, entangling four logical qubits with superior fidelity. IonQ outlined its ambitious 2024/25 roadmap, focusing on manufacturability and scalability with its upcoming Forte Enterprise and Tempo systems. Kvantify raised €10M funding for quantum based drug discovery. In the meantime digital annealers and other classical methods keep surpassing quantum capabilities (and that’s expected!) Sycamore’s quantum supremacy experment was just smashed with GPUs. This is critical: The race between classical and quantum and quantum inspired methods helps the whole industry to move forward.
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The Week in Quantum Computing - July 8st 2024…
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The University of Hamburg has launched a €17 million quantum computing project, supported by the European Regional Development Fund and the city of Hamburg. In the U.S., the Biden administration is allocating $504 million to 12 tech hubs to advance quantum computing, biomanufacturing, and other cutting-edge technologies. Notably, the Elevate Quantum Tech Hub in Colorado and New Mexico received $41 million, aiming to create over 10,000 quantum jobs and attract $2 billion in private capital by 2030. Quantinuum and the University of Colorado Boulder achieved a milestone in quantum error correction, entangling four logical qubits with superior fidelity. IonQ outlined its ambitious 2024/25 roadmap, focusing on manufacturability and scalability with its upcoming Forte Enterprise and Tempo systems. Kvantify raised €10M funding for quantum based drug discovery. In the meantime digital annealers and other classical methods keep surpassing quantum capabilities (and that’s expected!) Sycamore’s quantum supremacy experment was just smashed with GPUs. This is critical: The race between classical and quantum and quantum inspired methods helps the whole industry to move forward.