Xanadu and the Electronics and Telecommunications Research Institute (ETRI) partner to advance quantum computing technologies

Dovie Salais

This partnership aims to develop innovative quantum computing technologies with applications in quantum machine learning TORONTO and DAEJEON, South Korea, Sept. 13, 2023 /CNW/ – Xanadu (xanadu.ai), a world leader in photonic quantum computing, announced today a partnership with the Electronics and Telecommunications Research Institute (ETRI), a top South Korean government-funded […]

Why haven’t we got useful quantum computers yet?

Dovie Salais

Quantum computers are here, but aren’t yet particularly useful John D/Getty Images Quantum computers have long promised to solve certain problems faster than any ordinary, or classical, computer can. In fact, Google delivered on this promise in 2019, when it declared that its quantum computer had achieved quantum supremacy, performing a calculation […]

Will quantum computing make the cloud obsolete?

Dovie Salais

The cloud is big business – and it still has much growth potential. The global market for public cloud services this year will be worth about $597bn (£462bn), according to an estimate by Gartner in April. The tech research giant expects the total to leap to $725bn in 2024 and […]

New Device Paves the Way for Bigger and Better Quantum Computers

Dovie Salais

The Enchilada Trap, manufactured in Sandia National Laboratories’ Microsystems Engineering, Science and Applications fabrication facility. Credit: Craig Fritz, Sandia National Laboratories Sandia Labs manufactures its first devices capable of supporting 200 trapped ion qubits. Sandia National Laboratories has produced its first lot of a new world-class ion trap, a central […]

Is China a Leader in Quantum Technologies?

Dovie Salais

Under Xi Jinping, China is redoubling its efforts to compete and lead in cutting-edge strategic technologies. China is investing heavily in the emerging field of quantum technologies, which exploit properties of quantum mechanics to enable breakthroughs in sensing, communication, and computing. Many of these technologies are still developmental, but Chinese […]

NIST’s “Toggle Switch” and the Future of Quantum Computing

Dovie Salais

Scientists at NIST have introduced a “toggle switch” device for quantum computers that adjusts connections between qubits and a readout resonator. The device tackles challenges like noise and reprogramming limitations, paving the way for more flexible and accurate quantum computing. The novel device could lead to more versatile quantum processors […]

Oil and gas leaders explore quantum computing tech

Dovie Salais

BP and ExxonMobil have joined IBM’s Q Network to develop quantum computers. Credit: Phonlamai Photo via Shutterstock. Quantum computers use the properties of quantum physics to store data and perform computations. There are many technologies with the potential to build their foundational quantum bits (qubits). However, it may be over […]

Infleqtion and QinetiQ Win Award to Apply Quantum Computing to Logistics

Dovie Salais

OXFORD, England, July 18, 2023 /PRNewswire/ — Infleqtion, the world’s quantum information company, and QinetiQ, a leading defense company, are thrilled to announce their successful bid for the Quantum End-to-end Compilation for Combinatorial Optimisation (QECCO) project through Innovate UK. This groundbreaking initiative will focus on using quantum algorithms to solve complex […]

How to introduce quantum computers without slowing economic growth

Dovie Salais

The race is on to develop commercial quantum computers. The breakthroughs they promise — new ways of simulating materials, optimizing processes and improving machine learning — could transform society, just as today’s digital computers have done. But the route to delivering economic benefits is uncertain. The digital revolution took decades […]

The Quantum Computing ETF Dominating the Field

Dovie Salais

Quantum computer technology has made great strides in recent years and is becoming increasingly affordable to develop and build. That’s good news because the demand for more powerful computing is ballooning with the expansion of cloud computing, the proliferation of digital devices, and the dawn of the AI era. Quantum […]

7 Best Quantum Computing Stocks to Buy in 2023

Dovie Salais

It’s been more than two decades since quantum computing was first developed, but Wall Street has started to warm up to the technology’s long-term prospects. Several pure-play stocks went public in 2021, when investor sentiment was sky-high. Quantum computing technology harnesses the power of quantum mechanics, utilizing effects like superposition […]

Researchers make a quantum computing leap with a magnetic twist

Dovie Salais

This artistic depiction shows electron fractionalization—in which strongly interacting charges can “fractionalize” into three parts—in the fractional quantum anomalous Hall phase. Credit: Eric Anderson/University of Washington Quantum computing could revolutionize our world. For specific and crucial tasks, it promises to be exponentially faster than the zero-or-one binary technology that underlies […]

Quantum Computing and Technologies Market is Set to Grow at a CAGR of 32.3% During the Forecast Period, with Rising Investments in Quantum Technology in North

Dovie Salais

Extrapolate The global quantum computing and technologies market is anticipated to reach USD 1,867 million by 2028. The rising acceptance and penetration of quantum computing across several industries along with the increasing investments are harbouring tremendous growth. Dubai, UAE, June 27, 2023 (GLOBE NEWSWIRE) — As per the latest research […]