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IBM Doubles Down on Quantum After a Rough Quarter Sinks Its Stock
Quantum Industry

IBM Doubles Down on Quantum After a Rough Quarter Sinks Its Stock

IBM used a disappointing quarter to restate its quantum ambitions rather than trim them. In a letter to investors reporting...
Deutsche Telekom and AIT Take the Lead on Europe's Quantum Network Plans
Quantum Industry

Deutsche Telekom and AIT Take the Lead on Europe’s Quantum Network Plans

The European Commission has handed Deutsche Telekom and Austria’s AIT the job of coordinating the next stage of Europe’s quantum...
PsiQuantum Is Betting on the Finish Line While Everyone Else Counts Mile Markers
Quantum Industry

PsiQuantum Is Betting on the Finish Line While Everyone Else Counts Mile Markers

Most quantum computing companies sell you progress in increments. A better chip, a longer coherence time, a paper with the...
Connecticut Wins NSF Quantum Engine in New $15 Million Round
Quantum Industry

Connecticut Wins NSF Quantum Engine in New $15 Million Round

The National Science Foundation has named 12 new Regional Innovation Engines, and one of them focuses on quantum. The NSF...
Tennessee Commits $3 Million to Land NSF X-Labs Quantum Teams
Quantum Industry

Tennessee Commits $3 Million to Land NSF X-Labs Quantum Teams

Tennessee is putting up $3 million to attract quantum teams that win National Science Foundation X-Labs awards, provided they set...
Xanadu and Lockheed Martin Expand Quantum Training for Engineers
Quantum Industry

Xanadu and Lockheed Martin Expand Quantum Training for Engineers

Xanadu and Lockheed Martin are widening a partnership to train Lockheed engineers in quantum computing. The work runs through Lockheed...
UCLA Physicist Warns US Could Lose the Quantum Industry It Invented
Quantum Industry

UCLA Physicist Warns US Could Lose the Quantum Industry It Invented

The United States could invent quantum computing and still lose it, according to UCLA physicist Prineha Narang. In a Financial...
Europe Launches €50 Million Pilot Line for Neutral Atom Quantum Chips
Quantum Industry

Europe Launches €50 Million Pilot Line for Neutral Atom Quantum Chips

Europe has started work on a factory pipeline for the parts that go inside neutral atom quantum machines. Called Q-PLANET...
Toyota and a Government Fund Back Japan's Yaqumo in Quantum First
Quantum Industry

Toyota and a Government Fund Back Japan’s Yaqumo in Quantum First

Yaqumo, a Japanese startup building neutral-atom quantum computers, has raised a seed extension funding round from JIC Venture Growth Investments...
QuantumDiamonds Raises €91 Million to Scale Quantum Chip Inspection
Quantum Industry

QuantumDiamonds Raises $104 Million to Scale Quantum Chip Inspection

QuantumDiamonds has raised €91 million ($104 million) to expand production of its diamond-based chip inspection systems. The round pairs a...