Quantum computing, long relegated to the realm of theoretical, feels like it is back on the agenda as a potentially viable alternative to the expensive race for more powerful compute. On the heels of some notable advancements in quantum chips and error correction (two of the key areas that have kept quantum computers from becoming…
Category: Quantum
alice&bob, Europe, Global Security News, Quantum, quantum computing, TC
Alice&Bob raises $104M, says quantum computers based on cat qubits will be ready by 2030
Quantum computing remains something of a holy grail in the world of technology: it promises a huge leap in computing power, but only if someone can figure out how to square away the fault rates that prevent any scaling of the tech. Now, one of the more promising quantum startups in Europe is announcing a…
Europe, Global Security News, Government & Policy, Quantum, Venture
Quantum VC QDNL hits €25M first-close on new fund
VC investment into Quantum computing declined by 50% last year according to the ‘State of Quantum 2024’ report, dropping from $2.2bn in 2022 to $1.2bn, with funds switching in favour of Generative AI. However, government spending on quantum was predicted to hit $40 billion over the next decade. Now a new VC European fund hopes…
AI, Fundraising, Global IT News, Global Security News, Quantum, Software
BlueQubit raises $10M to take Quantum software into real-world applications
Integrating quantum computing into real-world computer applications is an ongoing problem, as the platforms are architected fundamentally differently. BlueQubit, a San Francisco-based quantum software startup founded by Stanford alumni, thinks it might have the answer. Its Quantum Software as a Service (QSaaS) platform attempts to tackle the above problem by providing end-users with access to…