Quantinuum today announced a groundbreaking Generative Quantum AI framework (Gen QAI) – leveraging unique quantum-generated data to enable commercial applications in areas ranging from the development of new medicines, precise predictive modeling of financial markets and real-time optimization of global logistics and supply chains. The potential of these three capabilities alone is immense, and this framework is set to unlock solutions to other complex problems that classical computing cannot address.

An article published in the scientific journal Optica describes the development of a new experimental device that explores the boundary between classical and quantum physics, allowing the simultaneous observation and investigation of phenomena from both worlds. The instrument was developed in Florence and is the result of collaboration within the extended partnership of the National Quantum Science and Technology Institute (NQSTI), involving the Department of Physics and Astronomy at the University of Florence, the National Institute of Optics of the National Research Council of Italy (CNR-INO), as well as the European Laboratory for Nonlinear Spectroscopy (LENS) and the Florence branch of the National Institute for Nuclear Physics (INFN).

A major result in quantum mechanics has been achieved: for the first time, the temporal evolution of a quantum system has been manipulated through interaction with light pulses in the extreme ultraviolet (XUV). This achievement has been obtained by a team of researchers coordinated by Prof. Lukas Bruder from the University of Freiburg, in collaboration with 14 international institutes, including the Politecnico di Milano, the Institute of Photonics and Nanotechnologies of the National Research Council of Milan (CNR-IFN), the Institute of Materials Workshop of the National Research Council of Trieste (CNR-IOM), the National Institute for Nuclear Physics (INFN), the National Laboratories of Frascati (Rome), and the Elettra Synchrotron in Trieste.

Multiverse Computing, a global leader in value-based quantum and quantum-inspired AI software solutions, today announced an investment from the largest Italian investor in venture capital CDP Venture Capital Sgr, as part of the company’s Series A round. The investment was carried out through two compartments of the Corporate Partners I fund, ServiceTech and Energytech, a corporate venture capital fund participated by some of the main Italian corporates as limited partners, including Baker Hughes, BNL BNP Paribas, Edison, GPI, Italgas, Snam and Terna Forward. Financial details of the investment were not disclosed.

Arqit Quantum Inc. (“Arqit” or the “Company”), a leader in quantum safe encryption, today announced its operational and financial results for the fiscal year ended 30 September 2024.