Insider Brief Finland has proposed a quantum technology strategy to drive competitiveness, industry adoption and international collaboration, with feedback requested by February 21, 2025. The draft strategy, covering milestones through 2035, aims to foster a strong domestic quantum industry while integrating quantum technologies into key sectors. A government-led working group, Read more…
Insider Brief Finland has proposed a quantum technology strategy to drive competitiveness, industry adoption and international collaboration, with feedback requested by February 21, 2025. The draft strategy, covering milestones through 2035, aims to foster a strong domestic quantum industry while integrating quantum technologies into key sectors. A government-led working group, Read more…
Insider Brief Hitachi has launched a $400 million venture capital fund, HV Fund IV, bringing its total CVC investments to $1 billion and focusing on startups in quantum computing, AI, nuclear fusion, and other advanced technologies. The fund, managed by Hitachi Ventures, aims to identify disruptive technologies and support open Read more…
Insider Brief Hitachi has launched a $400 million venture capital fund, HV Fund IV, bringing its total CVC investments to $1 billion and focusing on startups in quantum computing, AI, nuclear fusion, and other advanced technologies. The fund, managed by Hitachi Ventures, aims to identify disruptive technologies and support open Read more…
Insider Brief BMO has joined the IBM Quantum Network, becoming the first Canadian bank to leverage IBM’s quantum infrastructure for financial innovation. The bank plans to use quantum computing to optimize investment strategies, enhance risk management, and drive business growth as part of its Digital First strategy. IBM Quantum Network Read more…
Insider Brief SECQAI, a UK-based secure hardware and software company, has launched a hybrid Quantum Large Language Model (QLLM), integrating quantum computing into traditional AI models to improve efficiency and problem-solving. The QLLM development involved creating an in-house quantum simulator with gradient-based learning and a quantum attention mechanism. The technology Read more…
Insider Brief A new report from Oxford Economics predicts that quantum computing could boost UK productivity by up to 7% by 2045, adding £212 billion to GDP, with potential gains reaching 8% by 2040 if commercialization occurs earlier. The report highlights a significant funding gap, noting that UK quantum hardware Read more…
Insider Brief Terra Quantum and BBVA completed a successful pilot project demonstrating the use of AI-driven and quantum-inspired methods to enhance exotic derivatives pricing efficiency. The project achieved millisecond-level pricing with high accuracy and scalability, utilizing advanced computational methods like Neural Networks and Tensor Network Layers. Significant efficiency gains were Read more…
Insider Brief IQM Quantum Computers, Riverlane, and Zurich Instruments have launched the SurgeonQ project, a collaboration to develop the first quantum computing platform capable of executing multiple real-time quantum error correction (QEC) operations. The project will focus on lattice surgery, an established QEC method that enables complex logical operations by Read more…
Insider Brief Quobly has opened new quantum chip processing facilities in Grenoble, advancing its industrialization efforts with a goal of reaching one million physical qubits by 2031. The new infrastructure boosts Quobly’s processing capacity, achieving 10x faster testing speeds and 50x higher wafer processing volumes. Quobly’s new location in BHT3 Read more…