A Taiwanese delegation visited Bozeman, Montana, to explore collaboration opportunities in the photonics and quantum industries. The global quantum sensors market is projected to exceed $638.6 million by 2024. Moody's and QuEra are collaborating to improve tropical cyclone forecasting using quantum algorithms. QpiAI secured $6.5 million in pre-Series A funding to develop scalable quantum computers and enhance its software platforms, with plans to demonstrate a 25-qubit quantum computer by late 2024. Australian startup Diraq raised an additional $7 million to develop a CMOS quantum dot-based QPU, achieving a record 99.9% control accuracy for a qubit. DARPA's Quantum Benchmarking program identified over 200 applications for quantum computing, narrowing them to 20 benchmarks, but significant challenges remain in fields like computational fluid dynamics. Pasqal successfully trapped over 1,000 atoms in a single shot, marking a step towards scalable quantum processors. IonQ showcased its Forte Enterprise quantum computer at "Quantum Korea 2024," highlighting collaborations with Hyundai Motors and Korean universities.
Share this post
The Week in Quantum Computing - July 1st 2024…
Share this post
A Taiwanese delegation visited Bozeman, Montana, to explore collaboration opportunities in the photonics and quantum industries. The global quantum sensors market is projected to exceed $638.6 million by 2024. Moody's and QuEra are collaborating to improve tropical cyclone forecasting using quantum algorithms. QpiAI secured $6.5 million in pre-Series A funding to develop scalable quantum computers and enhance its software platforms, with plans to demonstrate a 25-qubit quantum computer by late 2024. Australian startup Diraq raised an additional $7 million to develop a CMOS quantum dot-based QPU, achieving a record 99.9% control accuracy for a qubit. DARPA's Quantum Benchmarking program identified over 200 applications for quantum computing, narrowing them to 20 benchmarks, but significant challenges remain in fields like computational fluid dynamics. Pasqal successfully trapped over 1,000 atoms in a single shot, marking a step towards scalable quantum processors. IonQ showcased its Forte Enterprise quantum computer at "Quantum Korea 2024," highlighting collaborations with Hyundai Motors and Korean universities.