Riverlane, the global leader in quantum error correction technology, today announced that it has raised $75 million in Series C funding to deliver its groundbreaking quantum error correction (QEC) roadmap. The funding will enable Riverlane to expand operations to meet surging global market demand for QEC technology, with the goal of achieving one million error-free quantum computer operations by 2026.

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.

Senate Majority Whip Dick Durbin (D-IL) and U.S. Senator Steve Daines (R-MT) today introduced legislation to advance the United States’ capacity to invest in quantum information science and research and development (R&D) through the U.S. Department of Energy (DOE). As R&D advances quantum science, engineering, and technology, the DOE Quantum Leadership Act of 2024 would reinvigorate R&D projects at DOE by authorizing $2.5 billion in funding over the next five years—well above the $625 million for DOE-related programs laid out in the now-expired National Quantum Initiative Act of 2018. The DOE Quantum Leadership Act would also provide DOE the authority to expand its current quantum R&D initiatives.

Kyoto University researchers have developed a new method of reducing these moiré excitons to measure the quantum coherence time and realize quantum functionality. The team has observed changing photoluminescence signals of moiré excitons following the fabrication process.

A groundbreaking new quantum research hub that aims to develop technologies for an ultra-secure 'quantum internet' of the future is being led by Heriot-Watt University. The Integrated Quantum Networks (IQN) Hub is one of five hubs announced by the UK government as part of a £160 million investment.

Toshiba Corporation has announced that it will make a corporate venture capital investment in Quantonation II, a fund operated by Quantonation Ventures, a leading quantum technology investment fund based in Europe and the US. Toshiba has committed to invest in Quantonation II, with the aim of accelerating research and development of quantum technology and advancing the practical application of quantum-based services through collaboration with Quantonation and the companies in its portfolio.

Five new quantum research hubs backed by over £100 million of government funding will deliver breakthroughs in healthcare, cybersecurity and transport.

siQuantum today announced a far-reaching partnership with the State of Illinois, Cook County, and the City of Chicago to build the first US-based utility-scale, fault-tolerant quantum computer at the former US Steel South Works property in the City of Chicago. Under this agreement PsiQuantum will anchor the newly established Illinois Quantum and Microelectronics Park (IQMP) which will catalyze the state’s highly developed quantum ecosystem, including the University of Illinois Urbana-Champaign (UIUC), the University of Chicago, the Chicago Quantum Exchange, Argonne and Fermi national labs and DARPA, the US Department of Defense’s Advanced Research Project Agency and others.

Three promising projects led by INRS professors will receive $7.4 million in funding over the next few years. These initiatives aim to enhance quantum communication, computing, and sensing capabilities by integrating photonics and quantum technologies.

Imec, a world-leading research and innovation hub in nanoelectronics and digital technologies, today announced the demonstration of high quality 300mm-Si-based quantum dot spin qubit processing with devices resulting in a statistically relevant, average charge noise of 0.6µeV/√ Hz at 1Hz. In view of noise performance,