A team of researchers from the University of Science and Technology of China (USTC) of the Chinese Academy of Sciences and its partners have made significant advancements in random quantum circuit sampling with Zuchongzhi-3, a superconducting quantum computing prototype featuring 105 qubits and 182 couplers. Operating at a speed 10¹⁵ times faster than the most powerful supercomputer currently available and one million times faster than Google's latest published results, the achievement marks a major milestone in quantum computing and follows the success of its predecessor, Zuchongzhi-2.

QuantWare, the quantum computing company building technology to create the world’s most powerful quantum processors, has raised a €20 million Series A round.

Quantum Machines (QM), a leading provider of advanced quantum control solutions, today announced it has raised $170 million in Series C funding, bringing the company’s total funding to date to $280 million. The investment comes as the majority of quantum computing companies now rely on QM’s technology to build and scale their systems. The highly oversubscribed round was led by PSG Equity with participation from Intel Capital, Red Dot Capital Partners, and existing investors, and marks one of the largest rounds of funding in the quantum industry.

Alice & Bob, a global frontrunner in the race for fault-tolerant quantum computing, today announced a raise of €100 million in its Series B funding round, led by Future French Champions (FFC), AVP (AXA Venture Partners) and Bpifrance. FFC is a partnership between QIA and Bpifrance.

Xanadu has achieved a world-first in the quantum computing industry by successfully building a universal photonic quantum computer consisting of four modular and independent server racks that are photonically interconnected and networked together. This 12 qubit machine, known as Aurora, consists of 35 photonic chips and a combined 13 km of fiber optics all operating at room temperature.

In new work, using a superconducting qubit called fluxonium, MIT researchers in the Department of Physics, the Research Laboratory of Electronics (RLE), and the Department of Electrical Engineering and Computer Science (EECS) developed two new control techniques to achieve a world-record single-qubit fidelity of 99.998 percent. This result complements then-MIT researcher Leon Ding’s demonstration last year of a 99.92 percent two-qubit gate fidelity.

SEEQC, the first company to create digital chips to power full-stack quantum computing systems that work with all quantum computing technologies – has raised $30 million to further accelerate the capabilities and commercial rollout of its chip platform. The round was led by NordicNinja and Booz Allen Ventures with participation from SIP Capital, alongside existing investors EQT Ventures, M-Ventures (Merck KGaA, Darmstadt, Germany) BlueYard Capital, FAM and Asset Management.

The U.S. National Science Foundation has launched six pilot projects to bridge scientific gaps between current quantum technological capabilities and those needed to fully harness quantum properties of energy and matter for practical uses. The six projects join five others that the agency announced in August. Collectively, they are supported by the NSF National Quantum Virtual Laboratory (NSF NQVL) initiative, an ambitious effort to accelerate the development of quantum technologies by providing researchers anywhere in the U.S. with access to specialized resources.

Infleqtion, the world’s leading quantum information company, today announced the world’s first demonstration of a materials science application powered by logical qubits. Leveraging the NVIDIA CUDA-Q platform, the demonstration, conducted in collaboration with the University of Chicago and the University of Wisconsin, achieved a 6x boost in application-level computational accuracy. This marks a transformative step forward in quantum computing and showcasing the technology’s potential to tackle otherwise intractable computational challenges, such as the design of next-generation materials.

Alice & Bob, a global frontrunner in the race for fault-tolerant quantum computing, has unveiled its white paper and five-year roadmap. The white paper outlines a clear path to achieving useful quantum computing through Alice & Bob’s cat qubit technology, which promises to deliver high-fidelity logical qubits while using significantly fewer hardware and energy resources compared to alternative approaches.