In a landmark financing round, Photonic Inc., a frontrunner in the development of scalable quantum computing and networking, has announced a substantial $100M USD investment. This recent influx, contributed by esteemed entities including the British Columbia Investment Management Corporation (BCI), Microsoft Corporation, the UK government’s National Security Strategic Investment Fund (NSSIF), Inovia Capital, and Amadeus […]
The National Quantum Computing Centre (NQCC) has entered into a pivotal agreement with IBM, granting UK researchers cloud access to IBM Quantum’s Premium Plan and its impressive fleet of quantum computing systems. This initiative, set to catalyze significant research advancements, places the NQCC within the IBM Quantum Network’s global sphere, underlining the center’s commitment to […]
Nanofiber Quantum Technologies Inc. (NanoQT), a trailblazing startup in the field of quantum computing, has secured $8.5 million in funding from leading venture capital investors. Phoenix Venture Partners (PvP) in the US and Japan’s JAFCO Group, SPARX Group, Keio Innovation Initiative, and Waseda University Ventures financed the round through convertible notes. The Tokyo and California-based […]
In an ambitious move to cultivate quantum science and technology professionals, IonQ, an industry frontrunner in quantum computing based in the US, has joined forces with South Korea’s Ministry of Science and ICT (Information and Communications Technology). The two parties have signed a Memorandum of Understanding (MOU) that sets out their shared intent to bolster […]
Toshiba Digital Solutions and Classiq Technologies, a quantum software company that offers an end-to-end platform for designing, executing, and analyzing quantum software, have signed a technology collaboration agreement focused on gate-based quantum computing. The collaboration aims to explore the potential applications of gate-based quantum computing in various industries, leveraging Toshiba Digital Solutions’ expertise in quantum […]
Singapore-based Horizon Quantum Computing has secured $18.1 million in a Series A funding round, taking the company’s total funding to around $21.3 million. Horizon Quantum Computing anticipates using the proceeds from the round to scale, accelerate product development, and bring its technology to the market. The quantum software startup will also use the proceeds to […]
Indian IT services firm Tech Mahindra has inked a memorandum of understanding (MoU) with IQM Quantum Computers, a Finland-based quantum computing hardware company, to collaborate on research in quantum computing. The parties will study synergies in the agreeable beneficial areas of quantum computing, communication technologies, and cryptography. As part of the collaboration, Tech Mahindra and […]
Indian IT company HCL Technologies has entered into a memorandum of understanding (MoU) with Sydney Quantum Academy (SQA) to help expedite the development of an ecosystem for quantum technology in Australia. Sydney Quantum Academy is a partnership between Macquarie University, the University of Technology Sydney, the University of New South Wales, and the University of […]
Tech Mahindra has launched its Metaverse practice called TechMVerse for providing its customers with interactive and immersive experiences in the Metaverse. With an objective to reimagine customer experience and deliver real business outcomes, the Indian IT services provider plans to utilize its network and infrastructure capabilities as well as its foundational technological capabilities including pervasive […]
Infosys said that it has forged a collaboration with Amazon Web Services (AWS) for developing quantum computing capabilities and use cases. In this regard, the Indian IT company will use Amazon Braket, a fully managed quantum computing service. Using the Amazon service, Infosys will explore and create multiple use cases in quantum computing as part […]