The Novo Nordisk Foundation has awarded a grant of US$ 200 million (DKK 1.5 billion) to establish the first full-scale quantum computer for the development of new medicines and provide new insights into climate change and the green transition, which is not possible with classical computers today. The ambitious Novo Nordisk Foundation Quantum Computing Programme launched in […]
Quantum Machines, provider of quantum control solutions , and Toyota Tsusho Corporation (Toyota Tsusho), a member of the Toyota Group, have announced a partnership to offer Japanese customers cutting edge quantum technologies. The partnership will enable Toyota Tsusho customers to integrate comprehensive quantum technologies and build quantum capabilities for the future. Quantum Machines (QM) has […]
QuTech, Eurofiber and Juniper Networks have launched a Quantum testbed connecting several datacenter locations in The Netherlands. This testbed enables, amongst other applications of quantum cryptography, a way for partners to explore secure communications based on the fundamental laws of quantum physics. The testbed is open for new partners to join and co-explore quantum technology’s […]
ORCA Computing is working with the UK Ministry of Defence (MoD) to develop future data processing capabilities. In a year-long programme of activity, MoD will use ORCA’s PT-1 model, the first computer of its kind to operate at room temperature and be based on-premises. ORCA computing has developed software that allows small scale photonic processors, […]
Covestro, one of the world’s leading polymer companies, and QC Ware have announced the signing of a five-year collaboration agreement. The objective of the collaboration is to help prepare Covestro to fully deploy quantum algorithms for the discovery of new materials and catalysts on near-term quantum hardware. The agreement is aligned with Covestro’s goal to enhance the company’s digital R&D processes to pave […]
Itaú Unibanco, the largest bank in Latin America, and QC Ware, a leading quantum software and services company, today announced the first results of a collaboration that is exploring quantum computing algorithms for the banking industry. The goal of the four-month joint project was to investigate whether quantum computing can help customer retention. QC Ware […]
Scientists from both parties will co-develop what will effectively be a virtual laboratory. The aim is to conduct experiments using quantum computing and other Microsoft Azure cloud services. Quantum chemical computation is capable of simulating chemical reactions at an unprecedented level of accuracy. Together, Microsoft and AkzoNobel will explore how this can contribute to creating […]
Quantinuum has reached another milestone in its quest to build the highest performing quantum computer in the world. This week, the System Model H1-2 doubled its performance to become the first commercial quantum computer to pass Quantum Volume 4096, a benchmark introduced by IBM in 2019 to measure the overall capability and performance of quantum […]
CQC and TotalEnergies have presented a new paper detailing a potential use of quantum computers in mitigating climate change. The team has paved the way for the use of quantum computing to model materials, as a part of the materials discovery process, for use in carbon capture and sequestration. In this work, the research team brought […]
HSBC and IBM today announced that they will work together on exploring applications for quantum computing in financial services. The new three-year collaboration is designed to bolster HSBC’s expertise in quantum computing and ensure its organizational readiness to take full advantage of the technology. As part of the agreement, the bank will join the IBM […]
