Quantum Cloud Computing: An Enterprise Guide
Quantum computing is entering the enterprise through the cloud. That matters because most organizations will not buy, install, or operate quantum hardware. Quantum computers simply aren’t data-center friendly. Instead, enterprises will access quantum processing units (QPUs) alongside CPUs, GPUs, and high-performance computing resources through familiar cloud environments. Evaluating this market requires looking beyond physical qubit […]
Microsoft, Quantinuum & IBM: Closing the Gap Between Fragile Qubits and Fault-Tolerant Computing
Quantum error correction is crossing a major threshold w/ significant recent announcements from IBM, Microsoft & Quantinuum, with a direct line to the commercialization of quantum computing.
Microsoft & Quantinuum: Peer-Reviewed Quantum Error Correction Results
Microsoft and Quantinuum recently published a peer-reviewed paper in Nature 6, confirming an 800-fold reduction in logical-qubit error rates on Quantinuum’s trapped-ion hardware using Microsoft’s qubit-virtualization platform.
IBM’s LLM-Guided Evolutionary Framework for Quantum Error Correction Code Discovery
IBM Research recently published a paper on an LLM-guided evolutionary framework for discovering quantum error-correction (QEC) codes, accompanied by the open-source release of OpenEvolve on GitHub. The framework applies evolutionary artificial intelligence techniques, originally developed for general program synthesis, to the domain of quantum low-density parity-check (qLDPC) codes.
Microsoft’s Majorana 2 Topological Quantum Chip
Microsoft unveiled Majorana 2 at its recent Build developer conference in San Francisco, introducing its second-generation topological quantum chip and announcing the general availability of Microsoft Discovery, an agentic AI platform for scientific research and development.
Majorana 2 delivers qubits that are 1,000 times more reliable than those in its predecessor, Majorana 1, with a mean qubit lifetime of 20 seconds and peak instances approaching 1 minute.
Quantinuum’s $1.68 Billion IPO & the Race to Quantum Commercialization
Quantinuum opened trading on the Nasdaq last week (symbol: QNT), raising $1.68 billion in the largest traditional IPO to date for a pure-play quantum computing company.
Priced at $60 per share, above the marketed range of $53 to $55, and oversubscribed by a double-digit multiple before trading began, the debut caps a multi-year run of technical milestones, high-profile partnerships, and deepening enterprise engagement.
IBM’s Big Quantum Month: A $10 Billion Bet, a National Fab, and a 2029 Deadline
A version of this post previously appeared in a LinkedIn newsletter IBM revealed that it will invest more than $10 billion in quantum computing over the next five years, with the goal of delivering the first large-scale, fault-tolerant quantum computer by 2029. The disclosure, which arrived not via a press release but through an SEC […]
IBM: Anderon Quantum Foundry and the Industrialization of Quantum Hardware
IBM and the U.S. Department of Commerce announced a Letter of Intent to establish Anderon, a standalone company that will operate the United States’ first pure-play quantum chip foundry.
The initiative has a combined commitment of $2 billion, including $1 billion in proposed CHIPS Act R&D incentives from the Department of Commerce and $1 billion in cash from IBM, supplemented by IBM’s intellectual property, fabrication assets, and an existing skilled workforce.
Research Note: IBM and AMD Collaborate on Classical-Quantum Computing
IBM and AMD recently announced a strategic collaboration to develop quantum-centric supercomputing architectures that combine quantum computers with high-performance computing infrastructure. The partnership is based on a memorandum of understanding between the companies, with no immediate financial exchange.
SC24: Shaping the Future of IT with High-Performance Computing and AI
Last week’s Supercomputing 2024 (SC24) conference in Atlanta brought together IT leaders, researchers, and industry innovators to unveil advancements in HPC and AI, with even a little quantum computing thrown in.
Quick Take: Microsoft & Quantiniuum Achieve Quantum Error Correction Breakthrough
Microsoft and Quantinuum announced an advancement in quantum computing that significantly reduces quantum error correction, a significant achievement that addresses one of the major hurdles in quantum computing.
Research Note: Honeywell’s $300M Investment in Quantinuum
Honeywell continues its investments in quantum computing by announcing a $300 million equity fundraising for Quantinuum, the leading integrated quantum computing company, valuing it at $5 billion pre-money.