SandboxAQ today announced a round of more than $300 million from Fred Alger Management, LLC, T. Rowe Price Associates, Inc., Mumtalakat, Parkway Venture Capital, Breyer Capital, Rizvi Traverse, S32, US Innovative Technology Fund, Ava Investors, Eric Schmidt, Marc Benioff, David Siegel, Yann LeCun, IQT, and other prominent investors. The funding round valued the company at $5.3 billion on a pre-money basis.

Quantum algorithms company Phasecraft said it has developed a novel approach to quantum simulation that improves efficiency while cutting computational costs.

QunaSys is pleased to announce its participation in the FULL-MAP project, a European Union-funded initiative aimed at revolutionizing battery technology through AI, big data, autonomous synthesis robotics, and high-throughput testing. As part of this effort, QunaSys will leverage its expertise in quantum machine learning to enhance the modelling and simulation of electrolytes, anodes and cathodes, enabling more efficient and data-driven discovery of novel materials for next-generation batteries.

Quantinuum today announced a groundbreaking Generative Quantum AI framework (Gen QAI) – leveraging unique quantum-generated data to enable commercial applications in areas ranging from the development of new medicines, precise predictive modeling of financial markets and real-time optimization of global logistics and supply chains. The potential of these three capabilities alone is immense, and this framework is set to unlock solutions to other complex problems that classical computing cannot address.

Quantum eMotion Corp. has signed a Memorandum of Understanding (MOU) with Energy Plug Technologies Corp. to integrate cutting-edge quantum-based cybersecurity into energy storage and management solutions—ushering in a new era of secured energy infrastructure.

To promote the sustainability of electromobility and enhance resource efficiency, upcycling of lithium-ion batteries is gaining increasing importance. Efforts are focused on slowing down material cycles by repurposing used batteries from electric vehicles for new applications instead of transferring them directly to recycling processes. Despite its real significant potential to conserve resources, upcycling has yet caught on due to technical and economic challenges. However, a team of researchers has developed a practical method that combines a high-speed measurement method and artificial intelligence (AI) to overcome these barriers.

Researchers Deepak Singh and Carsten Ullrich from the University of Missouri’s College of Arts and Science, along with their teams of students and postdoctoral fellows, recently made a groundbreaking discovery on the nanoscale: a new type of quasiparticle found in all magnetic materials, no matter their strength or temperature.

Researchers at German carmaker Volkswagen Group and IQM Quantum Computers (IQM), say a hybrid approach of quantum and classical computing for battery simulation could help boost electric car batteries.

Now, researchers from SUO Liumin’s team and LIU Gangqin’s team from Institute of Physics of the Chinese Academy of Science have developed a quantum sensing approach based on diamond nitrogen-vacancy (NV) centers.

Iberdrola, one of the world’s largest clean energy companies, and Multiverse Computing, a global leader in value-based quantum computing solutions, have successfully delivered a pilot project in northern Spain to optimize the installation of grid-scale batteries, which will become increasingly important as the energy transition progresses.