Researchers have successfully mixed diffusion models in quantum circuit synthesis, effectively bypassing the exponential overhead found in classical simulation of quantum dynamics. The Riverlane team has developed a new method for quantum error correction decoders that allows for parallelisation, tackling the data backlog issue and enabling efficient universal quantum computers. On the infrastructure front, Fermilab has launched a new 6,000-sq.-ft quantum research facility named “The Quantum Garage” to advance quantum information science and technology. Quantum technology is projected to generate $850 billion in market value by 2040, according to Olivier Tonneau from VC firm Quantonation. Wavemaker and Liftt co-lead a $4.7 million funding round for Entropica Labs, French start-up Quandela raising 50 million euros right after delivering their first computer to OVH. And Photonica comes out of stealth getting $100m and a big co-development partnership with Microsoft, that resembles the OpenAI model. Meanwhile IonQ has raised a $500 mixed shelf for potential acquisitions. IQM has announced plans for a 150 qubit device in 2025. A fantastic paper on QKD has been published and a paper that serves as a text book on Quantum Information. Read all that below!
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The Week in Quantum Computing - November 13th
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Researchers have successfully mixed diffusion models in quantum circuit synthesis, effectively bypassing the exponential overhead found in classical simulation of quantum dynamics. The Riverlane team has developed a new method for quantum error correction decoders that allows for parallelisation, tackling the data backlog issue and enabling efficient universal quantum computers. On the infrastructure front, Fermilab has launched a new 6,000-sq.-ft quantum research facility named “The Quantum Garage” to advance quantum information science and technology. Quantum technology is projected to generate $850 billion in market value by 2040, according to Olivier Tonneau from VC firm Quantonation. Wavemaker and Liftt co-lead a $4.7 million funding round for Entropica Labs, French start-up Quandela raising 50 million euros right after delivering their first computer to OVH. And Photonica comes out of stealth getting $100m and a big co-development partnership with Microsoft, that resembles the OpenAI model. Meanwhile IonQ has raised a $500 mixed shelf for potential acquisitions. IQM has announced plans for a 150 qubit device in 2025. A fantastic paper on QKD has been published and a paper that serves as a text book on Quantum Information. Read all that below!