Insider Brief Quantum error mitigation is a promising technique to reduce noise in quantum computing without the significant resource demands of fault-tolerant schemes, but a team of researchers say the technique faces fundamental constraints. The researchers recently published a study in Nature that offers a glimpse into these limitations, ones that pose challenges for how ..read more

Insider Brief PRESS RELEASE — PsiQuantum today announced a far-reaching partnership with the State of Illinois, Cook County, and the City of Chicago to build the first US-based utility-scale, fault-tolerant quantum computer at the former US Steel South Works property in the City of Chicago. Under this agreement PsiQuantum will anchor the newly established Illinois ..read more

Insider Brief PRESS RELEASE — Kipu Quantum, a German quantum software company specializing in application- and hardware-specific quantum solutions, explores the potential of its novel quantum algorithms for BASF’s logistics optimization. Utilizing a novel digital compression method, Kipu accelerates the search for optimal solutions by harnessing quantum dynamics and encoding them into digital quantum computers ..read more

Insider Brief QPerfect announced the release of MIMIQ 1.0 at Q2B in Tokyo. The company is a quantum computing spin-off from the European Center for Quantum Sciences in Strasbourg. MIMIQ is used by research centres, consulting firms, quantum service providers, quantum software companies and quantum hardware manufacturers. PRESS RELEASE — QPerfect, a quantum computing spin-off from the European Center for Quantum Sciences in Strasbourg is announcing the release of MIMIQ 1.0 a powerful platform for executing quantum algorithms with speed, accuracy and flexibility exceeding any other quantum si ..read more

QAI Ventures and the Quantum Simulation Opportunity On a high level, quantum simulation is an emerging technology that stands as one of the most promising applications for quantum computing. Computer simulation has long supported science and innovation by mimicking real-world phenomena. However, certain levels of physical simulation are beyond the computational reach of even the most powerful supercomputers. But where classical computing’s capabilities stop, quantum computing could start. Using quantum computers to simulate quantum systems could allow researchers to model molecular dynamics m ..read more

Insider Brief OSC seeks public input as it prepares to issue loans and loan guarantees for critical technology and supply chain components in support of the office’s mission to attract and scale private capital for national security.  Several quantum technologies are included in the 31 covered technology categories. OSC is actively building the Department’ of Defense’s first loan program office. PRESS RELEASE — The Office of Strategic Capital (OSC) announced the release of a Federal Register Notice and accompanying Request for Information (RFI) open for public comment. OSC seeks public ..read more

Insider Brief The University of Innsbruck and the spin-off AQT have integrated a quantum computer into a high-performance computing (HPC) environment for the first time in Austria. The supercomputer and quantum computer can now be used to solve complex problems in various fields such as chemistry, materials science or optimization. The the team in Innsbruck successfully interfaced the UIBK-operated computing cluster “LEO5” with the “IBEX Q1” quantum computer at AQT. Image Credit: Universität Innsbruck/Eva Fessler PRESS RELEASE Working together, the University of Innsbruck and the spin-off A ..read more

Insider Brief University of Chicago’s Pritzker School of Molecular Engineering (PME) researchers have discovered how to combine trapped atom arrays and photonic devices to yield advanced quantum systems. They report in Nature that this could pave the way for large quantum systems which can be scaled up. The team is planning future studies that look at other steps in the process. Image: Researchers in Bernien Lab, including graduate students Noah Glachman (left) and Shankar Menon, have discovered how to combine two powerful technologies—trapped atom arrays and photonic devices—to yield advanc ..read more

Insider Brief Strangeworks CEO and founder William “whurley” Hurley announced the upcoming release of the new Strangeworks Workflows product and invited applicants to join the beta program. Strangeworks Workflows enables businesses to go from idea to implementation faster by accelerating the entire solution development process. Beta access to the product is expected to start in the second half of 2024. PRESS RELEASE — At Q2B Tokyo today, Strangeworks CEO and founder William “whurley” Hurley announced the upcoming release of the new Strangeworks Workflows product and invited applicants to jo ..read more

Insider Brief Quantum Transistors has been awarded up to €17.5 million by the European Innovation Council (EIC). The company received an initial grant from the EIC Accelerator of €2.5 million combined with a future equity investment of €15 million through the EIC Fund. The company will use the investment to scale-up its R&D and expand its growing team. PRESS RELEASE — Quantum Transistors, a pioneer in advanced quantum processor development, has been awarded up to €17.5 million by the European Innovation Council (EIC). Quantum Transistors received an initial grant from the EIC Accelerato ..read more