Elevate Quantum Awarded $127 Million to Secure US Leadership in Quantum Technology

Elevate Quantum Awarded $127 Million to Secure US Leadership in Quantum Technology

July 3, 2024
Elevate Quantum announced that it has received a Tech Hub Phase 2 Implementation award from the Department of Commerce, unlocking more than $127m in new federal and state funding. The award is expected to drive more than $2bn in additional private capital and cement the Mountain West as a global leader for quantum innovation.

Algorithms for Optimal Airport Operations

Algorithms for Optimal Airport Operations

July 1, 2024
the Institute for Quantum Physics at Universität Hamburg and the IT provider Lufthansa Industry Solutions are jointly developing quantum algorithms to optimize operations at airports. The goal of this joint endeavor is to solve the so-called “airport gate assignment problem” at airports around the world.

IonQ Has Established a New Engineering Technology Division and Appoint a Senior Vice President

IonQ, a leader in the quantum computing industry, recently announced that Dr. Dean Kassmann has been promoted to Senior Vice President of its newly formed Engineering and Technology division. IonQ said that since Dr. Kassmann joined the company, he and his team have achieved several important milestones, and their work has facilitated the company's business growth and technological innovation.

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IonQ Promotes Dr. Dean Kassmann to Senior Vice President of Engineering and Technology

IonQ Promotes Dr. Dean Kassmann to Senior Vice President of Engineering and Technology

June 22, 2024
IonQ, a leader in the quantum computing industry, recently announced the promotion of Dr. Dean Kassmann to Senior Vice President of IonQ’s newly formed Engineering and Technology division, following his tenure as Vice President of Engineering.

With the New Accession of Lithuania, 24 EU Member States have signed the European Declaration on Quantum Technologies

The Minister of the Economy and Innovation Aušrinė Armonaitė has signed the European Declaration on Quantum Technologies. The Declaration, which has already been signed by 24 EU Member States, agrees to coordinate European, national and regional research and development programmes and initiatives in the field of quantum technologies.

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D-Wave Commissioned Survey Reveals High ROI Expectations for Quantum Computing

D-Wave Commissioned Survey Reveals High ROI Expectations for Quantum Computing

June 19, 2024
D-Wave Quantum Inc. today announced the results of a new study today that reveals a majority of surveyed businesses actively using quantum computing foresee an exceptional return on investment (ROI) from their quantum optimization efforts — with an expected combined potential positive financial impact to reach up to an estimated $51.5 billion.

The Platform for Digital and Quantum Innovation of Quebec (PINQ²) Announces Partnership with Enterprise Quantum

The Platform for Digital and Quantum Innovation of Quebec (PINQ²) Announces Partnership with Enterprise Quantum

June 12, 2024
The Platform for Digital and Quantum Innovation of Quebec (PINQ²), a non-profit organization (NPO) founded in 2021 by the Ministry of Economy, Innovation and Energy of Quebec (MEIE) and the Université de Sherbrooke, proudly unveils its official partnership with Enterprise Quantum, a leading consulting firm specializing in quantum strategic consulting for the finance industry, headquartered in Ontario.

Venturus and QuEra Announce a Partnership to Develop Quantum Computing in Latin America

Venturus and QuEra Announce a Partnership to Develop Quantum Computing in Latin America

June 11, 2024
Venturus, one of the largest science and technology institutes in Brazil, has teamed up with QuEra Computing, the global leader in the commercialization of quantum computers using neutral atoms, to spearhead quantum innovation in Latin America.

Quantum Algorithms Institute has launched the Centre for Responsible Quantum Innovation and Technology

Quantum Algorithms Institute recently announced the Centre for Responsible Quantum Innovation and Technology to build a quantum technology ecosystem guided by the principles of ethics, inclusion, and sustainability. It will seek to address a wide range of ethical questions related to quantum technology through its objectives of research, and best practices, as well as collaboration and communication.

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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%.
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