Led by University of Melbourne theoretician and HPC expert Associate Professor Giuseppe Barca, a research team has achieved the first quantum simulation of biological systems at a scale necessary to accurately model drug performance.

Qubit Pharmaceuticals , a deeptech company specializing in the discovery of new drug candidates through molecular simulation and modeling accelerated by hybrid HPC and quantum computing, announced that it has drastically reduced the number of qubits needed to compute the properties of small molecules with its Hyperion-1 emulator, developed in partnership with Sorbonne Université. This world first raises hopes of a near-term practical application of hybrid HPC – quantum computing to drug discovery.

QpiAI, a leader in quantum computing and generative AI, announced its maiden external funding of $6.5 million to build Quantum computing and Generative AI products and platforms.

Pasqal, a global leader in neutral-atoms quantum computers, today announced a strategic collaboration with Tech Mahindra, (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries. This collaboration aims to accelerate the development and adoption of quantum solutions across diverse industries globally.

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%.

A coalition led by the Chicago Quantum Exchange, which is based at the UChicago Pritzker School of Molecular Engineering, has been awarded a $1 million US National Science Foundation Regional Innovation Engines (NSF Engines) Development Award to deepen partnerships and strengthen workforce and economic development plans for Chicagoland’s growing quantum ecosystem.

Dutch quantum technology company Orange Quantum Systems [OrangeQS] has announced a stronger focus on industry-level testing, that reflects the way the sector is maturing.

Researchers have proposed an innovative quantum algorithm that effectively solves combinatorial optimization problems with constraints in a short time.

A Japanese consortium of research partners including RIKEN, the National Institute of Advanced Industrial Science and Technology (AIST), the National Institute of Information and Communications Technology (NICT), Osaka University, Fujitsu Limited, and Nippon Telegraph and Telephone Corporation (NTT) have been recognized with the prestigious Prime Minister’s Award as part of the 53rd Japan Industrial Technology Awards for the successful development of a high-performance computing platform that leverages Japan's second domestically-made superconducting quantum computer.

In a groundbreaking advancement for computational drug discovery, Danish quantum company Kvantify is proud to announce the launch of its first product, Kvantify Koffee, today. This innovative product aims to complement and reduce costly and time-consuming laboratory experiments by calculating a critical parameter in screening and selecting new drug candidates: Unbinding Kinetics. Kvantify Koffee adds value using classical computers today and is poised to offer even greater value as quantum computer hardware matures.