The UK government is investing £121 million in quantum technology to tackle crime, fraud, and money laundering, while reinforcing its global leadership in the field and driving economic savings.

The Integrated Quantum Networks Hub will address the challenges underpinning the establishment of a “quantum internet”, by developing the novel technologies, protocols and industry standards necessary for the deployment of a secure, scalable, quantum communications infrastructure for the UK and beyond.

Today, Amazon Web Services (AWS) announced Ocelot, a new quantum computing chip that can reduce the costs of implementing quantum error correction by up to 90%, compared to current approaches. Developed by the team at the AWS Center for Quantum Computing at the California Institute of Technology, Ocelot represents a breakthrough in the pursuit to build fault-tolerant quantum computers capable of solving problems of commercial and scientific importance that are beyond the reach of today’s conventional computers.

D-Wave Quantum Inc. (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced that it is enabling research centers, academic institutions, and governments to purchase on-premises D-Wave Advantage quantum computing systems to help customers push the boundaries of quantum-fueled experimentation, development and usage.

Beginning in January 2025, users at the National Energy Research Scientific Computing Center (NERSC) at Lawrence Berkeley National Laboratory (Berkeley Lab) will be able to access IBM’s quantum computers over the cloud for their research, allowing users to take advantage of these next-generation systems for certain scientific applications.

Researchers at the Department of Energy’s Oak Ridge National Laboratory joined forces with EPB of Chattanooga and the University of Tennessee at Chattanooga to demonstrate the first transmission of an entangled quantum signal using multiple wavelength channels and automatic polarization stabilization over a commercial network with no downtime.

The EQUSPACE consortium, led by the University of Jyväskylä, has been awarded 3.2 million euros from the European Innovation Council’s (EIC) Pathfinder Open funding programme to pioneer quantum technologies in silicon. The project brings together five partners from three EU countries to develop a new type of silicon quantum platform.

In a significant milestone for scalable quantum computing, Quantum Motion, a UK-based quantum computing scale-up founded by academics from University College London and Oxford University, has demonstrated rapid, large-scale characterisation of quantum devices fabricated using commercial semiconductor processes. Quantum Motion has designed a silicon chip featuring an integrated array of 1024 quantum dots on an area of less than 0.1mm² and validated them in less than 5 minutes—at least 100 times faster than the current state of the art. The chips were manufactured by GlobalFoundries, a leading semiconductor manufacturer, with whom Quantum Motion has announced a partnership to develop quantum processors based on a scalable silicon platform.

Quantum technology jointly developed at Nanyang Technological University, Singapore (NTU Singapore) and National University of Singapore (NUS) has now been spun off into a new deep tech startup, AQSolotl.

Today, IBM and Illinois Governor JB Pritzker announced a collaboration to establish the new National Quantum Algorithm Center in the Illinois Quantum and Microelectronics Park (IQMP) in Chicago.