Quantum Computing Inc. (QCi) announced strong second-quarter 2024 financial results, highlighting progress in its Thin Film Lithium Niobate (TFLN) foundry, strategic partnerships, and successful product sales, including a quantum LiDAR prototype to Johns Hopkins University. QCi also reported regaining compliance with Nasdaq and its SEC reporting requirements, positioning the company for continued advancement.
IBM has announced the completion of its latest expansion at its quantum data center in Poughkeepsie, New York, boasting the largest number of utility-scale quantum computers in a single location globally. This expansion, with significantly improved performance compared to previous systems, marks a significant step forward in the company’s quantum computing journey. Alongside this, IBM has launched a new open-source AI foundation model for weather and climate applications, developed in collaboration with NASA and Oak Ridge National Laboratory.
BTQ Technologies Corp., a global quantum technology company, has acquired Radical Semiconductor Inc., a hardware security innovator specializing in cryptographic accelerators. This strategic acquisition strengthens BTQ’s position in post-quantum cryptography (PQC) and secures its leadership in quantum-secure communications technologies. The integration of Radical’s innovative CASH architecture, which leverages processing-in-memory technology, will enhance BTQ’s offerings and provide growth opportunities in emerging markets.
The 2024 World Manufacturing Convention in Hefei, China, brought together global industry leaders, innovative technologies, and cutting-edge concepts, highlighting advancements in robotics, 3D printing, quantum computing, and green manufacturing. The event served as a platform for collaboration and discussion on the future of the manufacturing industry.
Spectral Capital, a leader in Quantum-as-a-Service (QaaS) computing, welcomes Dr. Wolf Kohn, a renowned expert in quantum computing, artificial intelligence, and data optimization, to its Quantum Bridge Advisory Board. Dr. Kohn’s extensive experience and insights will be instrumental in guiding Spectral Capital’s QaaS platform development and its mission to lead in quantum-enabled decentralized cloud infrastructure.
Quantum computers, powered by qubits, hold the promise of revolutionizing computing by harnessing the bizarre principles of quantum mechanics. This article delves into the unique properties of qubits, explaining how superposition and entanglement enable them to perform calculations far beyond the capabilities of conventional computers. However, the fragility and short coherence times of qubits pose significant challenges, requiring innovative solutions like error correction to unlock their full potential.
Spectral Capital, a leader in Quantum as a Service (QaaS) computing, has announced a bold Q4 strategy focused on accelerating technology acquisition and development. This initiative, driven by the company’s Quantum Bridge Program, aims to bridge the gap between traditional computing and the future of quantum technology, creating a decentralized and sustainable computing ecosystem.
Spectral, a leader in Quantum as a Service (QaaS), outlines its ambitious Q4 strategy to accelerate quantum computing adoption. This includes the Quantum Bridge Program, a framework connecting current technology with the future of quantum computing. Spectral’s strategy aims to build green, decentralized data hubs powered by Vogon Cloud and its QuantumVM technology. The company also emphasizes security with SPHINCS+ protocols and a decentralized quantum ledger database.
Researchers at IQM Quantum Computers in Finland have achieved significant breakthroughs in quantum computing, reaching record-low error rates in a prototype quantum processor. This advancement brings the concept of fault-tolerant quantum computing, where errors self-correct, closer to reality, potentially leading to more practical and stable quantum computers. The team achieved a 99.9% fidelity in two-qubit operations and a record-breaking qubit relaxation time, indicating a significant leap forward in quantum computing capabilities.
Scientists have made a significant advancement in quantum communication by successfully transmitting both quantum and conventional data through the same fiber-optic cable. This breakthrough, achieved by researchers at Leibniz University Hannover, paves the way for a more efficient and practical quantum internet by enabling the sharing of infrastructure between quantum and classical data.
