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IBM to Acquire HRL Labs for Silicon Spin-Qubit Expertise
Quantum Industry

IBM to Acquire HRL Labs for Silicon Spin-Qubit Expertise

IBM has agreed to buy HRL Laboratories, a research lab jointly owned by Boeing and General Motors, to add silicon-spin-qubit...
Taiyi Quantum Raises $42 Million for Ytterbium Neutral-Atom Computers
Quantum Industry

Taiyi Quantum Raises $42 Million for Ytterbium Neutral-Atom Computers

Taiyi Quantum, a Shanghai startup building quantum computers from ytterbium atoms, has raised about $42 million. Co-leading the Pre-A round,...
PsiQuantum Signs $125 Million DARPA Deal in Its Largest U.S. Government Award
Quantum Industry

PsiQuantum Signs $125 Million DARPA Deal in Its Largest U.S. Government Award

PsiQuantum has signed a $125 million expanded agreement with DARPA, its most valuable U.S. government award so far. The deal...
PsiQuantum Gives $250,000 to STEM Education in South Chicago
Quantum Industry

PsiQuantum Gives $250,000 to STEM Education in South Chicago

PsiQuantum has committed $250,000 to schools and STEM programs in South Chicago, the neighborhood around the quantum campus it’s helping...
Quantinuum and SoftBank Argue Quantum Can Pay Off Before Fault Tolerance
Quantum Industry

Quantinuum and SoftBank Argue Quantum Can Pay Off Before Fault Tolerance

Quantinuum and SoftBank have published a joint white paper making the case that companies do not need to wait for...
UK Scraps Its Science Department, Leaving Quantum Without a Clear Home
Quantum Industry

UK Scraps Its Science Department, Leaving Quantum Without a Clear Home

The UK has abolished the department that coordinated its technology strategy, and quantum computing has lost its dedicated political home...
CQE-Led Bloch Quantum Hub Wins $55 Million to Build a Domestic Supply Chain
Quantum Industry

CQE-Led Bloch Quantum Hub Wins $55 Million to Build a Domestic Supply Chain

The Bloch Quantum Tech Hub has secured close to $55 million to make more quantum components in the United States....
Denise Ruffner Joins Haiqu to Sell Its Quantum Software Platform
Quantum Industry

Former IBM Executive Joins Haiqu to Sell Its Quantum Software Platform

Haiqu has hired former IBM quantum executive Denise Ruffner as vice president of business development and commercial operations worldwide. She...
Maybell Brings Dilution Refrigerators to New Mexico's Quantum Lab
Quantum Industry

Maybell Brings Dilution Refrigerators to New Mexico’s Quantum Lab

Maybell Quantum will install four dilution refrigerators at New Mexico’s Roadrunner Quantum Lab and hire staff in the state. The...
Israel Plans a National Quantum Facility That Backs No Single Technology
Quantum Industry

Israel Plans a National Quantum Facility That Backs No Single Technology

Israel is soliciting bids to build a national quantum computing research facility, and it is deliberately declining to pick a...