TQI QuickBits: Big Companies Bet Big on Quantum, 20 Quantum Research Leaders And More News in Quantum

TQI QuickBits: Big Companies Bet Big on Quantum, 20 Quantum Research Leaders And More News in Quantum


Meta.

Zoom.

Aramco

If I mention these names, the first thing to pop in your mind might not be "quantum companies." But, as this week's news shows, big corporations are showing a growing interest -- and concern -- in the opportunities -- and threats -- of quantum.

Why?

These corporations did not attain their leadership positions by watching other companies seize opportunities, or ignore future threats to their clients and customers.

There's a lesson for us all here because, likely, just as all companies are AI companies now (on some level), all companies will eventually become quantum companies (on some level).

Also. Happy Memorial Day to our US readers -- have a safe and fun holiday weekend.

And, what's the precedent here? Do I wish UK readers a happy bank holiday? Or a merry bank holiday? Help a yank out.

Regardless, have a great weekend!

QuickBits Three-Day Weekend Cultural Lesson

US Memorial Day Weekend
UK Bank Holiday

Quantum Events

I wanted to give a shout out to upcoming partner events for the quantum community. Mark these on your calendar:

The third annual?Commercialising Quantum Global 2024?will be held June 5-6 2024 in London.

Inside Quantum Technology Vancouver Pacific Rim?will be held on June 4-6 in beautiful Vancouver.?(Insider Tip: Use code QUANTUM20 for a 20% registration discount.)

The third annual?UK Quantum Hackathon, delivered by the NQCC will take place at the University of Warwick from 22nd to 24th July 2024. The event is part of the NQCC’s SparQ programme, aimed at exploring and raising awareness of the current capabilities of quantum computing, nurturing the talent pipeline, and connecting stakeholders.

Quantum.Tech?Europe will return to Twickenham Stadium on September 23 – 25, 2024.

The City Quantum & AI Summit, now in its fourth edition, will be held October 7th at the Mansion House.

Upcoming Earnings

June 4 - Hewlett Packard Enterprise Company Common Stock is expected* to report earnings on 06/04/2024 after market close. The report will be for the fiscal Quarter ending Apr 2024. According to Zacks Investment Research, based on 3 analysts' forecasts, the consensus EPS forecast for the quarter is $0.25. The reported EPS for the same quarter last year was $0.32.


Want more important information on quantum? Don't forget to subscribe to?TQI's official weekly newsletter?for a complete wrap up of?all the?news in?quantum!


Quantum Quotes

For centuries, physics operated under the assumption that the universe obeyed local, rational laws governed by classical mechanics. Then quantum theory emerged in the early 20th century, upending our understanding of reality at microscopic scales.

It turns out quantum mechanics is profound, beautiful... and a bit weird.

“Quantum mechanics is really the most profound disruption to our understanding of the physical universe that our species has ever encountered." -- Elise Crull, a philosopher of physics at CUNY

Aramco and Pasqal signed an agreement to build, maintain and operate a 200-qubit quantum computer to the Kingdom of Saudi Arabia.

"The era of quantum computing is here. No longer confined to theory, it’s transitioning to real-world applications, empowering organisations to solve previously intractable problems at scale. Since launching Pasqal in 2019, we have directed our efforts towards concrete quantum computing algorithms immediately applicable to customer use cases. Through this agreement, we’ll be at the forefront of accelerating commercial adoption of this transformative technology in Saudi Arabia. This isn’t just any quantum computer; it will be the most powerful tool deployed for industrial usages, unlocking a new era of innovation for businesses and society." -- Georges-Olivier Reymond, CEO and Co-Founder Pasqal

Insider Look

You can customize your experience on The Quantum Insider's Intelligence Platform to focus on the information you need the most. It's also great to prioritize types of data for daily review, or before your deep dives.

Learn More about The Quantum Insider's Intelligence Platform.



QuickBits Spotlight

20 Top Universities For Quantum Computing Research

Every major university is engaged in quantum computing research on some level. Many are deeply engaged in quantum computing research — and many have been for the past few decades.

This list is an attempt to spotlight 20 top universities for quantum computing research. Although this is not even close to an exhaustive list and any sort of list that ranks quantum computing research is subject to a multitude of variables, care has been taken to move these rankings beyond just top-of-mind recognition and focus on research output.

Read More


Business QuickBits

Aramco Partners With Pasqal To Deploy First Quantum Computer In The Kingdom Of Saudi Arabia

Aramco, one of the world’s leading integrated energy and chemicals companies, has signed an agreement with Pasqal, a global leader in neutral atom quantum computing, to install the first quantum computer in the Kingdom of Saudi Arabia.

Read More


Leading Quantum Companies And Investors Speak Up For More Government Support, Supply Chain Security

At a recent event hosted by In-Q-Tel (IQT) and Silicon Valley Bank (SVB), a division of First Citizens Bank, 40 founders and investors gathered to discuss the future of quantum technologies, according to a news release.

Read More


White House Advisor Says NIST To Release Post-Quantum Cryptographic Algorithms In Coming Weeks

The U.S. National Institute of Standards and Technology (NIST) is set to release four post-quantum cryptographic algorithms in the coming weeks, possibly as soon as July, according to a senior White House official, as reported by The Record.

Read More


Zoom Gets Ready Now For Remote Meetings in The Quantum Era

Now being secure on Zoom means more than just making sure the camera doesn’t show you’re wearing pajama bottoms to the remote impromptu business meeting.

Zoom Video Communications, Inc. announced in a company statement that post-quantum end-to-end encryption (E2EE) is now globally available for Zoom Workplace — specifically Zoom Meetings — with Zoom Phone and Zoom Rooms coming soon.with Zoom Phone and Zoom Rooms coming soon.

Read More


IQM Quantum Computers Expands Access to IQM Garnet Through Amazon Web Services

IQM Quantum Computers (IQM), a global leader in building quantum computers, announced that IQM Garnet will be available to researchers, scientists, and developers to explore quantum computing through Amazon Braket, the quantum computing service from Amazon Web Services (AWS).

Read More


Meta Uses Hybrid Approach as it Faces Transition to Post-Quantum Cryptography

Meta is initiating a significant transition to post-quantum cryptography (PQC) to bolster security and privacy for its billions of users. This strategic move, outlined in a recent blog post, offers a glimpse of Meta’s efforts to stay ahead of emerging security threats by adopting cutting-edge cryptographic techniques.

The transition to PQC is not straightforward, according to company engineers.

Read More


Research QuickBits

Alice & Bob’s Cat Qubit Work Published In Nature

Alice & Bob, a global leader in the race for fault-tolerant quantum computing, today announces the publication of its foundational research in Nature, showcasing significant advancements in cat qubit technology. This study, Quantum control of a cat-qubit with bit-flip times exceeding ten seconds, realized in collaboration with the QUANTIC Team (Mines Paris – PSL, Ecole Normale Supérieure and INRIA), demonstrates an unprecedented improvement in the stability of superconducting qubits, marking a critical milestone towards useful fault-tolerant quantum computing.

Read More


Quantum Technologies Could Provide Oncologists Powerful Tools to Research, Treat Cancer, Scientists Say

The power of quantum computers to deliver more medical treatments faster is often listed as a promising use case for quantum computing. A team of University of Chicago Medicine-led researchers say that might just be the beginning for the use of quantum in medicine, and, specifically, oncology.

Read More


Room-Temperature Spin Coherence Could Open Up New Paths to Quantum Sensing Tech

For the first time, scientists at the Cavendish Laboratory have found that a single ‘atomic defect’ in a thin material, Hexagonal Boron Nitride (hBN), exhibits spin coherence under ambient conditions, and that these spins can be controlled with light. Spin coherence refers to an electronic spin being capable of retaining quantum information over time. The discovery is significant because materials that can host quantum properties under ambient conditions is quite rare.

Read More


Room-Temperature Spin Coherence Could Open Up New Paths to Quantum Sensing Tech

For the first time, scientists at the Cavendish Laboratory have found that a single ‘atomic defect’ in a thin material, Hexagonal Boron Nitride (hBN), exhibits spin coherence under ambient conditions, and that these spins can be controlled with light. Spin coherence refers to an electronic spin being capable of retaining quantum information over time. The discovery is significant because materials that can host quantum properties under ambient conditions is quite rare.

Read More


Researchers Develop World’s Smallest Quantum Light Detector on a Silicon Chip

Researchers at the University of Bristol have made an important breakthrough in scaling quantum technology by integrating the world’s tiniest quantum light detector onto a silicon chip.

A critical moment in unlocking the information age was when scientists and engineers were first able to miniaturise transistors onto cheap micro-chips in the 1960s.

Read More


Quantum Entanglement Across Space and Time? New Experiments Probe the Limits

For centuries, physics operated under the assumption that the universe obeyed local, rational laws governed by classical mechanics. Then quantum theory emerged in the early 20th century, upending our understanding of reality at microscopic scales.

“Quantum mechanics is really the most profound disruption to our understanding of the physical universe that our species has ever encountered,” said Elise Crull, a philosopher of physics at CUNY, at a recent interview at the World Science Festival.

Read More


China’s ‘Father of Quantum’ Elected Fellow of Royal Society

Pan Jianwei, a prominent physicist known as China’s “father of quantum,” has been elected one of the new fellows Royal Society in London. This honor comes amid recent US sanctions targeting the core of Chinese quantum technology. Pan, who serves as a professor of modern physics and executive vice-president at the University of Science and Technology of China (USTC), has been recognized for his significant contributions to quantum science, particularly in multi-particle interferometry and space-based quantum experiments. His work includes leading the launch of Micius in 2016, the world’s first quantum science satellite, which aimed to establish a secure communication link between China and Europe.

Read More


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