TQI QuickBits: Big Funding Week, Making The Braid, Quantum's Good Chemistry... And More News in Quantum
The Quantum Insider
Making Quantum Technology accessible through media, news, insights and data
Wow -- a lot of congratulations to go around this week.
First, I missed this one last week, but better late than never: Zero Point Cryogenics raised $2.8 million (CAD).
At press time:
-- C12 raised 18 million Euros.
-- PQShield raised $37 million.
-- Wave Photonics secures ￡4.5 million.
-- Qblox reports $26 million in Series A Funding.
Converting all the currencies to dollars and then adding up the total. And by that I mean, asking ChatGPT to convert all the currencies to dollars and then adding up the total, we get: $88,425,000-ish.
One week, folks. One. Week.
Also, I'm afraid some of you think that I'm on the Quantinuum and 微软 payroll, but these companies have been making tremendous advances in quantum, especially over the last few months, that it's hard to ignore. Often, research reaches me piecemeal -- a study here, a study there, a study I miss -- but I'm beginning to see that these two companies are delivering on an aggressive research agenda that's a full-court press toward fault-tolerance. And it's incredible to watch.
Have a great weekend!
PS. I would like to introduce you to my friends at Qmunity. They're a group of people passionate about quantum education and workforce development. If you are too, I recommend you sign up for our Qmunity newsletter to stay up to date. Just go to the Qmunity site and click on newsletter.
Quantum Events
I wanted to give a shout out to upcoming partner events for the quantum community. Mark these on your calendar:
July 15-26 -- Qiskit Global Summer School: The Path to Utility . IBM's two-week course designed to help prepare participants for the era of quantum utility.
July 22-24 -- 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.
Aug 26 -- Q-Camp will start on Mon, 26 Aug and last two weeks. In person summer school is organised by the University of Gdańsk and ICTQT . Kainos supports the initiative. Q-Con – conference about Quantum Future will be held on the final day -- Sept. 6.
Sept. 23-25 -- Quantum.Tech Europe will return to Twickenham Stadium on Sept. 23 – 25, 2024.
Oct. 7 -- The City Quantum & AI Summit , now in its fourth edition, will be held October 7th at the Mansion House in London.
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!
Scholarship Opportunities
The National Quantum Computing Centre (NQCC) announces its Doctoral Studentship Scheme to provide support for up to 30 students over 8 years. Currently, there are 6 doctoral studentships available for eligible UK universities, to run from autumn 2025. For more information and to access the EOI form,?click here.
Quantum Quotes
Microsoft announced this week the release of two new features — Generative Chemistry and Accelerated DFT — to enhance the productivity and accessibility of research in chemistry and materials science so that scientists can discover and analyze molecular compounds, among other investigations, more effectively and efficiently. The company adds that its
“Advances in AI and quantum computing have the potential to help researchers solve global scientific challenges. In the future, we plan to offer a quantum supercomputer that can simulate interactions of molecules and atoms at the quantum level, which is beyond the reach of classical computers. This capability is expected to transform research and innovation across many industries.” -- ?Dr. Nathan Baker, product leader, Azure Quantum Elements, Microsoft.
Quantinuum detailed an advanced quantum error correction technique this week that the team says is pushing the industry ever closer toward practical quantum computing. The work also hints at the way the company is tying together its multiple research approaches — from topological quantum computing to record-breaking fidelity that takes advantage of mid circuit measurement to quantum error correction — to build quantum computers that can make calculations in spite of environmental noise.
“One of the more interesting developments that I would highlight here is the emerging — and very obvious — point that theoretical ideas can only really be instantiated with full access to the ‘metal’ and that real acceleration will benefit from an early push into genuine ‘co-design’. The Genon code is astonishingly impactful and we will be hearing a lot more about its ability to lift performances across the board, and this will be highlighted alongside all our other work in this field ranging from error mitigation all the way through to examining natively fault tolerant qubits that we create through the exploitation of our hardware and generate non-abelian anyons’.” -- Ilyas Khan, Quantinuum founder and Chief Product Officer
Insider Look: It's Not Just Academic
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QuickBits Spotlight
Several important questions are — almost chronically — debated by quantum experts: Can quantum be used before they are fully developed, can quantum and artificial intelligence be integrated with scalability and what sorts of tasks will these new machines master first?
微软 has taken a swing at all three questions with its announcement that the company has introduced significant updates to its Azure Quantum Elements platform, according to Dr. Nathan Baker, product leader, Azure Quantum Elements, Microsoft, writing about the updates on the Microsoft Azure Quantum Blog. The company is also adding a twist by incorporating generative AI into the mix of tools that will be available to scientific teams.
QuickBits Business
J apan’s government-backed National Institute of Advanced Industrial Science and Technology (AIST) is set to partner with IBM to develop a next-generation quantum computer, Nikkei Asia has learned from their sources. The project aims to create a quantum computer with 10,000 quantum bits, or qubits, which would significantly surpass the capabilities of current models. The most advanced quantum computers today in the hundreds of qubits.
In collaboration with the Leibniz Supercomputing Centre (LRZ) of the Bavarian Academy of Sciences and Humanities, the Q-Exa consortium, led by IQM Quantum Computers (IQM), a global leader in building quantum computers, and including Eviden and HQS Quantum Simulation, has integrated a 20-qubit quantum computer into a supercomputer, SuperMUC-NG in Germany.
领英推荐
Following the recent expansion of the Bluefors Lab in Delft, QuantrolOx – leaders in automating the bring-up, characterization, and tuning of quantum computers – will be the first to use the newly installed XLD1000sl Dilution Refrigerator.
The UK is well placed to apply its unique expertise and commercial knowhow in key areas of quantum technology that could boost its future economy, according to a report published today by the Royal Academy of Engineering. Synthetic diamond is just one of several areas highlighted by the review as strategic priorities for future investment, along with silicon photonics, compound semiconductors and superconductors.
IQM Quantum Computers , a global leader in building quantum computers, today announced the opening of its first quantum data centre in Munich, Germany, to support industry applications, with plans to place up to 12 quantum computers in the data centre.
SK电讯 , South Korea’s largest wireless carrier by membership, officially launched its new quantum alliance, X Quantum, this week, South Korean media is reporting. This initiative marks a significant step in fostering advancements in the burgeoning quantum technology sector. The Korean Herald reported that SK Telecom, along with six other companies—Nokia, SOS Lab, Xgate, Wooriro, KCS and IDQ Korea—formed this alliance to explore joint marketing and business opportunities within the quantum ecosystem.
QuickBits Capital Raises
C12 , a French spin-off of the Physics Laboratory of the école Normale Supérieure in Paris and a pioneer in the development of a carbon nanotube-based universal quantum computer, announces the closing of its second financing round of €18 million. This marks a new step in C12’s development to accelerate the design of quantum processors. It brings together leading investors, Varsity Capital, EIC Fund, and Verve Ventures, as well as historical investors.
Zero Point Cryogenics is proud to announce that it has successfully secured $2.67 million CAD in non-dilutive funding to unlock the next phase of its rapid development plan. The funding comprises $1.95 million from PrairiesCan’s Regional Quantum Initiative and $723,500 from the City of Edmonton Edge Fund. This financial support marks a pivotal milestone in our mission to advance and scale our quantum-enabling cryogenic technology. This funding will be used to strengthen our market presence in North America and emerging quantum markets. The funding will help accelerate our research and development efforts, expand our team, and drive our global sales efforts.
PQShield , a cybersecurity company specializing in post-quantum cryptography (PQC), has raised $37 million in Series B funding led by Addition, with participation from new investors Chevron Technology Ventures, Legal & General and Braavos Capital, together with existing backers, Oxford Science Enterprises.
QuickBits Research
Quantinuum — which has been on a quantum AI and fault tolerance research roll this month — report on yet another research development, this time detailing an advanced quantum error correction technique that the team says is pushing the industry ever closer toward practical quantum computing. The work also hints at the way the company is tying together its multiple research approaches — from topological quantum computing to record-breaking fidelity that takes advantage of mid circuit measurement to quantum error correction — to build quantum computers that can make calculations in spite of environmental noise.
A team of researchers led by Philip Walther at the University of Vienna carried out a pioneering experiment where they measured the effect of the rotation of Earth on quantum entangled photons. The work, just published in Science Advances, represents a significant achievement that pushes the boundaries of rotation sensitivity in entanglement-based sensors, potentially setting the stage for further exploration at the intersection between quantum mechanics and general relativity.
Google is leveraging its success in modular computing to advance quantum technology. The company’s Quantum AI team is developing superconducting qubit platforms, aiming to enhance robustness, cost efficiency and performance in data centers through distributed computing.
At the first Future Cryptography Conference held in Tallinn, Estonia, the primary focus was on Post-Quantum Cryptography (PQC). With the advent of quantum computing, traditional cryptographic methods face obsolescence, necessitating a new paradigm in secure communication. Esteemed experts from Estonia and Czechia gathered to deliberate on the challenges and advancements in PQC, addressing standards, applications, and strategies for migration to these new technologies.
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5 个月Great opportunity!.