IonQ (NYSE: IONQ), a leading company in the quantum computing sector, has won a competitive contract with the Applied Research Laboratory for Intelligence and Security (ARLIS) to design a first-of-its-kind, networked quantum computing system for the Department of Defense (DoD). The project is funded by an award from the Secretary of the Air Force Concepts, […]
In a landmark development, Mistral AI, in collaboration with NVIDIA, has introduced the Mistral NeMo 12B, a state-of-the-art language model designed to transform enterprise AI applications. This new model caters to a range of functions from chatbots and multilingual tasks to coding and summarization, setting a new benchmark in the AI sector. High Performance Meets […]
In a pivotal move for quantum computing, IBM (NYSE: IBM) has announced its partnership with the Superconducting Quantum Materials and Systems Center (SQMS) at Fermilab, marking a significant step in advancing quantum technologies and workforce development. This collaboration, endorsed by the U.S. Department of Energy Office of Science, Science Programs, aims to tackle the foremost […]
PsiQuantum has inked a memorandum of understanding with five leading Queensland universities to fortify Australia’s position in the quantum computing sector. This strategic partnership aims to address the increasing demand for specialized skills in the burgeoning quantum economy and explore research opportunities in related fields. The collaboration will engage academic institutions across Australia to offer […]
Spectral Capital Corporation (FCCN) has announced a pivotal Share Exchange Agreement with Node Nexus Network (NNN), setting the stage for a significant enhancement in quantum technology services. This strategic acquisition, expected to close by July 31, 2024, aims to establish a solid foundational compute layer for Spectral’s forthcoming Quantum Incubator as a Service. The merger […]
Hamamatsu Photonics, a leader in photonic solutions, has officially announced the acquisition of Denmark-based NKT Photonics A/S, marking a significant expansion in its technology and market reach. This strategic move integrates NKT Photonics’ advanced laser and fiber technologies with Hamamatsu’s extensive range of light sources, lasers, and detectors, promising to propel technological advancements in the […]
PsiQuantum has revealed plans to build the world’s first utility-scale quantum computer near Brisbane Airport in Brisbane, Australia, marking a significant leap in the quantum computing industry. Supported by a substantial $620 million USD investment from the Australian Commonwealth and Queensland Governments, the facility is expected to be operational by the end of 2027. This […]
Wipro Limited, a leading global information technology, consulting, and business process services company, announced the launch of its own Think Tank at its innovation lab, Lab45. This initiative is set to help enterprise leaders and Wipro customers prepare for a future enriched by emerging technologies. Lab45’s Think Tank is dedicated to studying the impact of […]
IonQ, listed on the New York Stock Exchange under IONQ, has announced a strategic partnership with Oak Ridge National Laboratory (ORNL) to employ quantum computing in modernizing the United States power grid. This collaboration, supported by the United States Department of Energy (DOE), aims to address the increasing challenges of grid optimization and security due […]
Quantinuum, a global leader in integrated quantum computing, has announced the closing of a substantial $300 million equity fundraise. This financial milestone, achieved at a pre-money valuation of $5 billion, is anchored by strategic partner JPMorgan Chase, along with contributions from Mitsui & Co., Amgen, and Honeywell, which continues to be the company’s majority shareholder. […]