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Quantum Industry

China and U.S. Quantum Funding Strategies Are Converging

China, traditionally reliant on state laboratories and national funding for its quantum sector, is now integrating elements commonly associated with...
Quantum Industry

China Names Quantum Technology a Priority Through 2030

China’s Central Cyberspace Affairs Commission has identified quantum technology as a key priority within a five-year action plan for the...
Quantum Technology

China Puts 85 Quantum Devices Into a Working Power Grid

China has equipped an operational 220-kilovolt substation in Hefei with 85 quantum devices. This initiative aims to test quantum sensing,...
TuringQ Joins China's Quantum Race Toward Public Markets
Quantum Industry

TuringQ Joins China’s Quantum Race Toward Public Markets

TuringQ, a Shanghai photonic-quantum company, has entered China’s pre-IPO guidance process, the latest in a wave of Chinese quantum firms...
Washington Bets Big on Quantum as the Market Wagers Against It
Quantum Industry

Washington Bets Big on Quantum as the Market Wagers Against It

Congress wants to raise US military spending on quantum technology by 68% this year, to $567 million, according to Bloomberg,...
China Sets Up a National Quantum Standards Committee
Quantum Industry

China Sets Up a National Quantum Standards Committee

China has a new committee writing the rulebook for its quantum industry. It sits under the Ministry of Industry and...
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,...
Shanghai Startup Shows a Rack-Mounted Quantum Computer at WAIC
Quantum Technology

Shanghai Startup Shows a Rack-Mounted Quantum Computer at WAIC

A Shanghai startup has shown a neutral-atom quantum computer built to fit inside a standard data center rack, according to...
Logical Qubit Technology Opens a Superconducting Quantum Cloud Platform
Quantum Technology

Logical Qubit Technology Opens a Superconducting Quantum Cloud Platform

Logical Qubit Technology, a Chinese quantum computing company, has launched a cloud platform that gives remote access to its superconducting...
Quantum Industry

Shanghai Opens Quantum Computing Hub as China’s Cities Battle for the Lead

Shanghai has opened a quantum computing industrial hub with 26 founding companies, with hopes to grow that number into the...