Horizon Quantum Computing Pte. Ltd. (“Horizon Quantum”), developer of advanced software development tools for quantum computers, and dMY Squared Technology Group, Inc. (“dMY”), a publicly traded special purpose acquisition company led by Harry You, jointly announced today that they have entered into a non-binding letter of intent (“LOI”) for a business combination. The combined company is expected to be publicly listed.

Today, Amazon Web Services (AWS) announced Ocelot, a new quantum computing chip that can reduce the costs of implementing quantum error correction by up to 90%, compared to current approaches. Developed by the team at the AWS Center for Quantum Computing at the California Institute of Technology, Ocelot represents a breakthrough in the pursuit to build fault-tolerant quantum computers capable of solving problems of commercial and scientific importance that are beyond the reach of today’s conventional computers.

BlueQubit, a quantum software startup founded by Stanford alumni, has announced a $10 million Seed funding round led by Nyca Partners, with participation from Restive, Chaac Ventures, Presto Tech Horizons, NKM Capital, BigStory, Untapped Ventures, Formula VC, and Granatus. This investment will support BlueQubit’s mission to deliver practical quantum advantage, equipping enterprises to solve complex problems that are increasingly beyond the reach of classical computing.

IBM and Pasqal today announced an update to their intended collaboration to build new, integrated frameworks for quantum-centric supercomputing with Qiskit, the world’s most performant quantum software.

NVIDIA today announced it is working with Google Quantum AI to accelerate the design of its next-generation quantum computing devices using simulations powered by the NVIDIA CUDA-Q platform.

IonQ, a leader in the quantum computing and networking industry, announced today the completion of an industry-first demonstration of an end-to-end application workflow that leverages the NVIDIA CUDA-Q platform alongside IonQ’s leading quantum computing hardware.

planqc has been selected to lead a €20 million project to build and deploy a 1,000-qubit quantum computer at the Leibniz Supercomputing Centre (LRZ) in Garching near Munich. This advanced quantum computer, based on neutral atoms, will be integrated into LRZ’s high-performance computing (HPC) infrastructure, serving as an accelerator for scientific research and towards industrial applications.

Advancing Quantum Computing with practical near-term solutions via the Cloud QuiX Quantum, the European leader in photonic quantum computing hardware, is proud to announce the launch of Bia Quantum Cloud Computing Service, its first Quantum as a Service (QaaS) platform for quantum and hybrid computing.

The European High Performance Computing Joint Undertaking (EuroHPC JU) has launched a call for tender for the installation of EuroQCS-Italy, a new EuroHPC quantum computer to be integrated into the EuroHPC pre-exascale system Leonardo.