Quantum Dice, a spinout from the University of Oxford’s world-renowned quantum optics laboratory, proudly announces its collaboration with HSBC to explore the advantages of its Quantum Random Number Generator (QRNG) for financial Monte Carlo simulations in a planned commercial proof of concept (PoC).

SBQuantum, the first company developing diamond quantum magnetometers to accelerate critical mineral discovery, today announces a new partnership with Silicon Microgravity, a disruptive technology company developing innovative inertial and gravity sensors. The project will see the development of a drone-based system of sensors combining magnetics and gravimetry to accelerate the location and analysis of underground mineral deposits for the mining industry. This joint approach will significantly reduce the time and capital required for locating and analysing deposits in the field, while also improving 3D geological readouts.

Future Labs Capital, a private equity venture capital firm that invests in best-in-class quantum computing and artificial intelligence (AI) technologies, has invested an undisclosed amount into qBraid, an industry leader and rapidly growing one-stop quantum computing software platform based in Chicago, IL.