Quantum

Quantum Computing Market worth $5.3 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, April 5, 2024

Superconducting qubits can be fabricated using well-established semiconductor manufacturing techniques, allowing for the creation of large-scale quantum computing systems.

Key Points: 
  • Superconducting qubits can be fabricated using well-established semiconductor manufacturing techniques, allowing for the creation of large-scale quantum computing systems.
  • The health and pharmaceutical segment to grow with the highest CAGR of the quantum computing market during the forecast period.
  • On-premises quantum computing is a type of quantum computing hosted on a company's hardware.
  • North America holds largest market size of the quantum computing market during the forecast period.

Quantum Computing Market worth $5.3 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, April 5, 2024

Superconducting qubits can be fabricated using well-established semiconductor manufacturing techniques, allowing for the creation of large-scale quantum computing systems.

Key Points: 
  • Superconducting qubits can be fabricated using well-established semiconductor manufacturing techniques, allowing for the creation of large-scale quantum computing systems.
  • The health and pharmaceutical segment to grow with the highest CAGR of the quantum computing market during the forecast period.
  • On-premises quantum computing is a type of quantum computing hosted on a company's hardware.
  • North America holds largest market size of the quantum computing market during the forecast period.

Rensselaer Polytechnic Institute and IBM unveil the world's first IBM Quantum System One on a university campus

Retrieved on: 
Friday, April 5, 2024

TROY, N.Y., April 5, 2024 /PRNewswire/ -- Today, Rensselaer Polytechnic Institute (RPI) and IBM (NYSE: IBM) officially unveiled the world's first-ever IBM quantum computer on a university campus. Building on RPI's bicentennial celebration of 200 years of firsts, IBM Quantum System One will significantly enhance educational and research opportunities for the university, as well as with other academic institutions and organizations across the New York region that wish to partner with RPI. Faculty, researchers, students, and collaborators accessing the system will aim to advance quantum computing research, including the search for quantum algorithms that could lead to quantum advantage, while also actively building the next generation of the quantum workforce alongside IBM.

Key Points: 
  • Now online, the IBM quantum system will expand the longstanding RPI and IBM partnership to accelerate quantum computing research, workforce development, and education in New York
    TROY, N.Y., April 5, 2024 /PRNewswire/ -- Today, Rensselaer Polytechnic Institute (RPI) and IBM (NYSE: IBM ) officially unveiled the world's first-ever IBM quantum computer on a university campus.
  • Located in the university's historic Voorhees Computing Center Chapel, the IBM Quantum System One, along with endowed faculty positions, is the focal point of the Curtis R. Priem Constellation.
  • The new IBM Quantum System One at RPI is powered by a 127-qubit IBM Quantum 'Eagle' processor, to offer RPI's network of researchers, students and partners dedicated access to a utility-scale quantum computer.
  • As the first university in the world to house an IBM Quantum System One on its campus, RPI has a unique opportunity to develop new quantum curriculum and educational programs aimed at upskilling the quantum workforce.

NVIDIA Launches Cloud Quantum-Computer Simulation Microservices

Retrieved on: 
Monday, March 18, 2024

NVIDIA Quantum Cloud is based on the company’s open-source CUDA-Q™ quantum computing platform , which is used by three-quarters of the companies deploying quantum processing units, or QPUs.

Key Points: 
  • NVIDIA Quantum Cloud is based on the company’s open-source CUDA-Q™ quantum computing platform , which is used by three-quarters of the companies deploying quantum processing units, or QPUs.
  • Leading cloud service providers are integrating Quantum Cloud into their offerings, including Google Cloud, Microsoft Azure and Oracle Cloud Infrastructure, as are many leading quantum companies, such as IQM Quantum Computers, OQC, ORCA Computing, qBraid and Quantinuum.
  • Quantum computing innovators can get a head start on accelerating their quantum computing development with NVIDIA Quantum Cloud by signing up for early access.
  • To learn more about NVIDIA Quantum Cloud, watch the GTC keynote from Jensen Huang, and register for GTC for free to attend sessions from NVIDIA and industry leaders through March 21.

NVIDIA Announces New Switches Optimized for Trillion-Parameter GPU Computing and AI Infrastructure

Retrieved on: 
Monday, March 18, 2024

The world’s first networking platforms capable of end-to-end 800Gb/s throughput, NVIDIA Quantum-X800 InfiniBand and NVIDIA Spectrum™-X800 Ethernet push the boundaries of networking performance for computing and AI workloads.

Key Points: 
  • The world’s first networking platforms capable of end-to-end 800Gb/s throughput, NVIDIA Quantum-X800 InfiniBand and NVIDIA Spectrum™-X800 Ethernet push the boundaries of networking performance for computing and AI workloads.
  • “NVIDIA Networking is central to the scalability of our AI supercomputing infrastructure,” said Gilad Shainer, senior vice president of Networking at NVIDIA.
  • “NVIDIA X800 switches are end-to-end networking platforms that enable us to achieve trillion-parameter-scale generative AI essential for new AI infrastructures.”
    Initial adopters of Quantum InfiniBand and Spectrum-X Ethernet include Microsoft Azure and Oracle Cloud Infrastructure.
  • Behind this transformation is the evolution of data centers into high-performance AI engines with increased demands for networking infrastructure,” said Nidhi Chappell, Vice President of AI Infrastructure at Microsoft Azure.

Rigetti Computing Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, March 14, 2024

BERKELEY, Calif., March 14, 2024 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced its financial results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • BERKELEY, Calif., March 14, 2024 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced its financial results for the fourth quarter and year ended December 31, 2023.
  • As part of the project, Rigetti proposes to develop and deploy a 24-qubit quantum computer based on the Company’s Ankaa-class architecture.
  • In December 2023, Rigetti launched the Novera QPU (quantum processing unit), a 9-qubit QPU based on the Company’s Ankaa™-class chip architecture.
  • ET, or 2:00 p.m. PT, to discuss its fourth quarter 2023 and full year 2023 financial results.

Infleqtion Names Matthew Kinsella Chief Executive Officer to Lead Next Phase of Quantum Innovation and Growth

Retrieved on: 
Friday, April 5, 2024

Infleqtion , the world’s leading quantum information company, today announced the appointment of Matthew Kinsella as its new Chief Executive Officer.

Key Points: 
  • Infleqtion , the world’s leading quantum information company, today announced the appointment of Matthew Kinsella as its new Chief Executive Officer.
  • Kinsella replaces Scott Faris, who has stepped down to focus on quantum industry policy and investments in national security and defense.
  • "Infleqtion is well positioned to lead as quantum technology shifts out of the lab and into the commercial realm.
  • New product introductions: Infleqtion launched Oqtant, the world’s first quantum matter service, which provides groundbreaking access to quantum matter for those working on next-generation quantum applications.

Quantum Announces ActiveScale All-Flash Object Storage Solution to Accelerate AI Pipelines, Power Massive Data Lakes and Build Storage Clouds

Retrieved on: 
Tuesday, April 2, 2024

Quantum® Corporation (NASDAQ: QMCO), the pioneer in end-to-end data management solutions designed for the AI era, today announces ActiveScale® Z200 all-flash object storage to help customers accelerate mission-critical AI pipelines and massive data workflows.

Key Points: 
  • Quantum® Corporation (NASDAQ: QMCO), the pioneer in end-to-end data management solutions designed for the AI era, today announces ActiveScale® Z200 all-flash object storage to help customers accelerate mission-critical AI pipelines and massive data workflows.
  • With the ActiveScale Z200, customers gain more agility and speed to build massive data lakes and storage clouds, ingest and prep raw data sets, optimize and run AI pipelines and other data-intensive workflows, and cost-effectively preserve and protect massive data sets.
  • View the full release here: https://www.businesswire.com/news/home/20240402481005/en/
    Quantum Announces ActiveScale All-Flash Object Storage Solution to Accelerate AI Pipelines, Power Massive Data Lakes and Build Storage Clouds (Graphic: Business Wire)
    “AI and other data-intensive business initiatives are driving the need for a simpler, easy-to-access infrastructure that provides both performance and cost efficiency at scale,” says Bruno Hald, vice president of secondary storage for Quantum.
  • “The ActiveScale Z200 all-flash solution will help our customers optimize their data infrastructure to innovate faster with confidence.”
    The ActiveScale Z200 all-flash object storage solution is available immediately.

Boasting Highest Number of Unicorns in Europe, the U.K. Celebrates Startups with Limited-Time Statue in New York City

Retrieved on: 
Wednesday, March 27, 2024

GREAT’s Ever-Changing Statue, created by British company HYPERVSN, serves as a monument to the Unicorn Kingdom, GREAT’s campaign to highlight the U.K.’s world-leading tech ecosystem.

Key Points: 
  • GREAT’s Ever-Changing Statue, created by British company HYPERVSN, serves as a monument to the Unicorn Kingdom, GREAT’s campaign to highlight the U.K.’s world-leading tech ecosystem.
  • See a full list of all founders featured on the statue here .
  • The country has generated more unicorn companies than France and Germany combined, with particular strengths in artificial intelligence, fintech, health and biotech.
  • Though the number of unicorns worldwide has increased to over 1,000, unicorns still represent less than 1% of all venture-backed startups .

NTT Research PHI Lab Scientists Achieve Quantum Control of Excitons in 2D Semiconductors

Retrieved on: 
Tuesday, March 26, 2024

NTT Research, Inc. , a division of NTT (TYO:9432), today announced that scientists from its Physics & Informatics (PHI) Lab have achieved quantum control of exciton wavefunctions in two-dimensional (2D) semiconductors.

Key Points: 
  • NTT Research, Inc. , a division of NTT (TYO:9432), today announced that scientists from its Physics & Informatics (PHI) Lab have achieved quantum control of exciton wavefunctions in two-dimensional (2D) semiconductors.
  • However, achieving fine control over their quantum mechanical state has been plagued with scalability issues due to limitations in existing fabrication techniques.
  • In particular, the control over position and energy of quantum dots has been a major hindrance to scaling up towards quantum applications.
  • The PHI Lab has also entered a joint research agreement with the NASA Ames Research Center in Silicon Valley.