Government Support: Governments, such as the U.K., are actively supporting quantum hardware and software development, with the U.K. committing £2.5 billion over the next ten years.Venture Capital: VC funding is available in the quantum sector, with examples like Oxford Ionics raising £40 million and Phasecraft securing £17.4 million in equity finance.Funding for Quantum Hardware: Nanofiber Quantum Technologies Inc. raised $8.5 million in funding from venture capital investors.Spain's Quantum Initiatives: Spain is investing €22 million in its Quantum Spain program to compete in quantum research and is collaborating with companies like IBM, Repsol, and Huawei.Researchers have published a paper on Barren Plateaus in Quantum Ansätze, providing insights into quantum computing's limitations and potential improvements.A study introduces SU(2) equivariant quantum circuit ansätze using spin networks, which could enhance quantum algorithm optimization.French startup ColibriTD raised €1 million from the Earlybird fund to develop a quantum-as-a-service platform.Cambridge startup Riverlane announced a "quantum decoder chip" for real-time error correction in quantum computing.The University of Copenhagen received a DKK 49.5 million grant to establish a Quantum Technology Training Laboratory, promoting quantum education and research.IBM launched a free online course on quantum-safe cryptography for developers to address the cybersecurity threats posed by quantum computing.Intel is working on scaling its quantum computing technology to millions of error-correcting qubits to achieve a quantum advantage.Signal Foundation is upgrading its Signal Protocol to quantum-safe cryptography, anticipating the threat of quantum computing to encryption.Canada unveiled its first IBM Quantum System One computer with a 127-qubit processor.Toshiba opened a Quantum Information Group in Cambridge, focusing on quantum cryptography, including Quantum Key Distribution (QKD).
Share this post
The Week in Quantum Computing - September…
Share this post
Government Support: Governments, such as the U.K., are actively supporting quantum hardware and software development, with the U.K. committing £2.5 billion over the next ten years.Venture Capital: VC funding is available in the quantum sector, with examples like Oxford Ionics raising £40 million and Phasecraft securing £17.4 million in equity finance.Funding for Quantum Hardware: Nanofiber Quantum Technologies Inc. raised $8.5 million in funding from venture capital investors.Spain's Quantum Initiatives: Spain is investing €22 million in its Quantum Spain program to compete in quantum research and is collaborating with companies like IBM, Repsol, and Huawei.Researchers have published a paper on Barren Plateaus in Quantum Ansätze, providing insights into quantum computing's limitations and potential improvements.A study introduces SU(2) equivariant quantum circuit ansätze using spin networks, which could enhance quantum algorithm optimization.French startup ColibriTD raised €1 million from the Earlybird fund to develop a quantum-as-a-service platform.Cambridge startup Riverlane announced a "quantum decoder chip" for real-time error correction in quantum computing.The University of Copenhagen received a DKK 49.5 million grant to establish a Quantum Technology Training Laboratory, promoting quantum education and research.IBM launched a free online course on quantum-safe cryptography for developers to address the cybersecurity threats posed by quantum computing.Intel is working on scaling its quantum computing technology to millions of error-correcting qubits to achieve a quantum advantage.Signal Foundation is upgrading its Signal Protocol to quantum-safe cryptography, anticipating the threat of quantum computing to encryption.Canada unveiled its first IBM Quantum System One computer with a 127-qubit processor.Toshiba opened a Quantum Information Group in Cambridge, focusing on quantum cryptography, including Quantum Key Distribution (QKD).