Tag: quantum computing
Creative Destruction Lab launches a new startup program dedicated to COVID-19 response
Global academic science and tech startup accelerator program Creative Destruction Lab (CDL) is adding a dedicated stream to its existing areas of focus, which include AI, health sciences, space, quantum computing, blockchain, energy, and oceans. The new addition is a timely one: CDL Recovery, which is designed to help turn…
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D-Wave gives anyone working on responses to the COVID-19 free cloud access to its quantum computers
D-Wave, the Canadian quantum computing company, today announced that it is giving anyone who is working on responses to the COVID-19 free access to its Leap 2 quantum computing cloud service. The offer isn’t only valid to those focusing on new drugs but open to any research or team working…
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Quantum Machines raises $17.5M for its quantum orchestration platform
Quantum Machines, a Tel Aviv-based startup that is building both hardware and software to operate quantum computers, today announced that it has raised a $17.5 million Series A funding round. The round was led by Israeli tech entrepreneur Avigdor Willenz, who, among other companies, co-founded Habana Labs and Anapurna Labs…
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R&D Roundup: Smart chips, dream logic and crowdsourcing space
I see far more research articles than I could possibly write up. This column collects the most interesting of those papers and advances, along with notes on why they may prove important in the world of tech and startups. This week: crowdsourcing in space, vision on a chip, robots underground…
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Rigetti Computing took a $71 million down round, because quantum computing is hard
The $71 million in financing that quantum computing technology developer Rigetti Computing recently raised came at a significant cut to the company’s valuation, according to several sources with knowledge of the company. The company declined to comment on its valuation or the recent round of funding it secured. Rigetti is…
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White House reportedly aims to double AI research budget to $2B
The White House is pushing to dedicate an additional billion dollars to fund artificial intelligence research, effectively doubling the budget for that purpose outside of Defense Department spending, Reuters reported today, citing people briefed on the plan. Investment in quantum computing would also receive a major boost. The 2021 budget…
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