Insider Brief: Rigetti Computing announced the successful completion of $100 million in gross proceeds through its “at-the-market” equity offering program initiated in March 2024. The funds will be allocated to working capital, capital expenditures, and advancing its strategy in superconducting quantum computing, focusing on improving 2-qubit gate fidelity and scaling Read more…
Insider Brief Sony Ventures is exploring investments in quantum technologies to accelerate breakthroughs in computation and sensing for scalable applications. The firm is targeting renewable energy innovations that promise sustainable, high-impact solutions for global energy challenges. By prioritizing scalable, transformative technologies, Sony Ventures aims to strengthen its position at the Read more…
Insider Brief Taiwan Semiconductor Research Institute (TSRI) has procured its first full-stack superconducting quantum computer, a 5-qubit IQM Spark, marking a significant milestone in Taiwan’s quantum computing development. The system, set for delivery and installation in Q2 2025, will support educational and research initiatives while advancing hardware integration for large-scale Read more…
Insider Brief: AWS’s Quantum Embark Program helps businesses navigate quantum computing adoption with a modular approach tailored to their needs. The program includes Use Case Discovery for identifying applications, Technical Enablement for hands-on learning, and Deep Dive for advanced exploration. Organizations have the option to choose specific modules based on Read more…
Insider Brief The Chicago Plan Commission approved plans for a quantum computing research park on the long-vacant U.S. Steel South Works site, advancing a project that could transform Chicago’s South Side into a national technology hub, as reported in The Chicago Tribune. The $500 million project, anchored by California-based PsiQuantum, Read more…
Insider Brief Microsoft and Atom Computing have demonstrated significant progress in transitioning from physical to logical qubits using a neutral atom quantum processor, showcasing robust error correction and advanced computational capabilities. The study used ytterbium atoms in a programmable grid to entangle 24 logical qubits and perform computations on 28 Read more…
Insider Brief Orange Quantum Systems (OrangeQS) has launched the OrangeQS Max, a full-stack test system that automates the characterization of quantum chips with 100+ qubits, reducing R&D resource requirements. By enabling faster and more efficient testing, OrangeQS Max addresses a critical bottleneck in quantum computing development: improving the quality and Read more…
Insider Brief A GAO report warns that the U.S. faces significant cybersecurity risks from quantum computing due to leadership gaps and an incomplete national strategy. While efforts to develop post-quantum cryptography and secure federal systems are underway, critical infrastructure sectors lack clear guidance and support for the transition. The report Read more…
Insider Brief: Toshiba and RIKEN successfully developed the Double-Transmon Coupler, achieving a two-qubit gate fidelity of 99.90%. The coupler improves gate speed (48 ns), extends coherence time, and reduces residual coupling strength to 6 kHz, addressing existing challenges in superconducting quantum computers. The Double-Transmon Coupler supports stable, easy-to-manufacture fixed-frequency transmon Read more…
Insider Brief Researchers at the Korea Institute of Science and Technology (KIST) have developed a qudit-based quantum computing algorithm that achieves chemical accuracy in estimating interatomic bond distances and ground-state energies without requiring additional error mitigation techniques. Unlike conventional quantum computing methods using qubits, the team utilized high-dimensional qudits to Read more…