2024 saw some dramatic ups, some depressing downs — and then more ups and downs — for the quantum technology industry. What will 2025 hold for quantum investments? Glad you asked. Some of the industry’s leading venture capital and investments firms share their predictions for the near-term for this emerging, Read more…
Insider Brief: Nokia and Turkcell successfully demonstrated quantum-safe IPsec cryptography for mobile subscribers as a first deployment of its kind to safeguard mobile networks against quantum-era threats. The integration of quantum-safe cryptography into Turkcell’s transport network uses Nokia’s IPsec Security Gateway to ensure secure communication by encrypting data packets at Read more…
Insider Brief Canada’s Public Sector Pension Investment Board (PSP) sold 18.4 million D-Wave shares for $78.8 million during a rally in the company’s stock, according to Barron’s. PSP reported the move was a typical portfolio risk management adjustment. Investor enthusiasm for quantum computing drove D-Wave Quantum’s stock from $1 to Read more…
Insider Brief: Nord Quantique and AlgoLab launched a year-long research project to combine bosonic code-based quantum hardware with advanced algorithms for optimization and quantum machine learning. Nord Quantique’s bosonic codes use the Hilbert space of quantum oscillators to achieve efficient error correction with fewer physical qubits, reducing hardware requirements compared Read more…
What were the stories that moved quantum in 2024? The following is a non-exhaustive look at some of the big business stories that The Quantum Insider published in 2024. The list of most influential stories was difficult to compile in a fair way. In fact. It was impossible. So, we Read more…
Insider Brief Experts gathered in West Palm Beach to emphasize the need for reauthorizing the National Quantum Initiative Act, calling it a critical step to maintain U.S. leadership in quantum technology and national security. Matt Cimaglia and Paul Stimers underscored the urgency of funding quantum research and workforce development, warning Read more…
Insider Brief BlueQubit, a San Francisco-based startup, has raised $10 million to make quantum computing practical for real-world applications, focusing on finance, pharmaceuticals and material science. The company’s QSaaS platform combines classical GPUs with quantum processors to test and deploy algorithms, enabling faster and more scalable quantum solutions. The round Read more…
Insider Brief Chinese researchers write in a paper on arXiv that their Zuchongzhi 3.0 quantum computer performed a computational task that would take the Frontier supercomputer over 6.4 billion years to complete. The Zuchongzhi 3.0 system features 105 qubits with high fidelities and achieved one million samples from an 83-qubit Read more…
Insider Brief Multiverse Computing and Bundesdruckerei GmbH have completed two research projects leveraging quantum-inspired machine learning (QIML) to improve synthetic data generation and fraud detection, advancing privacy, efficiency, and security solutions. In the first project, a quantum-inspired model with differential privacy protection generated synthetic data 15% more accurately than a Read more…
Insider Brief SandboxAQ secured over $300 million in funding at a $5.3 billion valuation to accelerate the development of its Large Quantitative Models (LQMs) and AI-driven technologies across healthcare, materials science, navigation, and cybersecurity. The company’s innovations include 15x faster drug design with AQBioSim, 95% faster lithium-ion battery life predictions Read more…