Quantum Transistors Awarded Up to €17.5M by European Innovation Council for Pioneering Solution Enabling Quantum Computing on a Chip

Quantum Transistors Awarded Up to €17.5M by European Innovation Council for Pioneering Solution Enabling Quantum Computing on a Chip

July 25, 2024
Quantum Transistors, a pioneer in advanced quantum processor development, has been awarded up to €17.5 million by the European Innovation Council (EIC). Quantum Transistors received an initial grant from the EIC Accelerator of €2.5 million combined with a future equity investment of €15 million through the EIC Fund.

Telefónica, Fortinet, Quantum XChange and Warpcom Present Innovative Solution for Quantum Cyberattacks

Telefónica, Fortinet, Quantum XChange and Warpcom Present Innovative Solution for Quantum Cyberattacks

July 24, 2024
Telefónica, leading telecommunications company, in collaboration with Warpcom, an iberian technology integrator, have teamed up with Fortinet and Quantum Xchange to develop and demonstrate the effectiveness of an innovative solution based on quantum security architecture, designed to meet the present and future needs of organizations.

Lightmatter Announces NVIDIA Executive Simona Jankowski as Chief Financial Officer

Lightmatter Announces NVIDIA Executive Simona Jankowski as Chief Financial Officer

July 2, 2024
Lightmatter, the leader in photonic supercomputing, today announced the appointment of Simona Jankowski as Chief Financial Officer (CFO). Bringing 20+ years of experience from NVIDIA and Goldman Sachs, Jankowski will drive Lightmatter’s financial functions and expansion, and sit on the executive team leading the company’s mission to transform the future of computing.

ORCA Computing Leads R&D Consortium to Pioneer Quantum Networking Multiplexing Technologies

ORCA Computing Leads R&D Consortium to Pioneer Quantum Networking Multiplexing Technologies

June 26, 2024
ORCA Computing has announced it is spearheading a collaborative R&D consortium to develop market changing multiplexing technologies to advance quantum networking for use in quantum computing and data centers.

The R&D Consortium Led by ORCA Computing Is Pioneering a Quantum Network Multiplexing Technology

ORCA Computing announced yesterday that it is leading the development of advanced multiplexing and switching technologies for large-scale quantum data transfer. It aims to advance quantum networking for use in quantum computing and data centers. The consortium includes top quantum experts from organizations such as Toshiba Europe, Ltd., Bay Photonics, Ltd., Imperial College London, and University College London.

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The Optimization Framework Developed by Researchers Based on Quantum Computing Can Reduce Energy Consumption and Carbon Emissions in Data Centers

Researchers from Cornell University have developed an optimization framework that integrates variational quantum circuits with classical optimization, which can reduce the energy consumption in large data centers handling artificial intelligence (AI) workload by 12.5% and reduce carbon emissions by up to 9.8%.

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Quantum AI Framework Targets Energy Intensive Data Centers

Quantum AI Framework Targets Energy Intensive Data Centers

May 26, 2024
A new quantum computing-based optimization framework developed at Cornell could reduce energy consumption in large data centers handling artificial intelligence (AI) workloads by as much as 12.5% and reduce their carbon emissions by as much as 9.8%.

JPMorgan Chase Establishes Quantum-Secured Crypto-Agile Network

JPMorgan Chase Establishes Quantum-Secured Crypto-Agile Network

May 10, 2024
JPMorgan Chase has successfully implemented a high-speed quantum-secured crypto-agile network (Q-CAN), connecting two data centers over deployed fibers. A third quantum node has also been established, which is currently serving as a research platform for testing next-generation quantum technologies applicable to banking and finance.
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