Tag: quantum computing
Dutch startup QphoX raises €2M to connect Quantum computers with a Quantum modem
When eventually they become a working reality, Quantum computers won’t be of much value if they simply sit there on their own. Just like the internet, the value is in the network. But right now there’s scant technology to link these powerful devices together. That’s where QphoX comes in. Thus…
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Beyond the fanfare and SEC warnings, SPACs are here to stay
Matt Johnson Contributor Matt Johnson is CEO and co-founder of QC Ware, a quantum computing software company. Matt was a managing director in private equity at Apollo Management and prior to that was a managing director in principal investing at Credit Suisse. The number of SPACs in the deep tech…
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IBM quantum computers now finish some tasks in hours, not months
As much as quantum computers have improved, they’re far from taking the reins from conventional computers in some situations. IBM might have made them more practical, however. The tech pioneer has found a way to combine a new program execution enviro… Source
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White House budget proposal would hike AI and quantum funding by 30 percent
If the US is going to build a quantum internet and otherwise claim technical supremacy, it’s going to need appropriate funding — and that might be forthcoming. As the Wall Street Journal reports, The White House has proposed a 2021 non-defense budget… Source
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Runa Capital closes Fund III at $157M, with an added focus on Quantum computing
VC fund Runa Capital was launched with $135M in 2010 and is perhaps best known for its investment into NGINX which powers many web sites today. In more recent years it’s participated or led investments into startups such as Zipdrug ($10.8M); Rollbar this year ($11M); and Monedo (for €20M). HQ’d…
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Intel’s ‘hot’ qubits could lead to more advanced quantum computers
Intel has edged one step closer to practical quantum computers. The chipmaker and its partner QuTech have successfully controlled “hot” qubits (that is, at temperatures above 1 kelvin) that are also coherent and dense, making it easier to put qubits… Source
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