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 a scientific breakthrough published in the esteemed journal Science, confirming that its annealing quantum computer outperformed one of the world’s most powerful classical supercomputers in solving complex magnetic materials simulation problems with relevance to materials discovery. The new landmark peer-reviewed paper, “Beyond-Classical Computation in Quantum Simulation,” validates this achievement as the world’s first and only demonstration of quantum computational supremacy on a useful problem.

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.

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.

Qilimanjaro Quantum Tech, in partnership with Do IT Now, is proud to announce the signature of the procurement contract of EuroQCS-Spain quantum computer for EuroHPC Joint Undertaking. Under this agreement, MareNostrum-Ona, an adiabatic quantum computer, will be hosted at the Barcelona Supercomputing Center (BSC), marking a significant milestone in the integration of quantum and supercomputing technologies across Europe.

IQM Quantum Computers (IQM), a global leader in superconducting quantum computing, today announced its development roadmap with technical milestones targeting fault tolerant quantum computing by 2030, while enabling a dedicated Noisy Intermediate-Scale Quantum (NISQ) approach for near-term usage.

In an article published September 23, 2024 in the journal Physical Review A, JQI researchers proposed a way to use the physics of superconducting junctions to let each function as more than one qubit. They also outlined a method to use the new qubit design in quantum simulations. While these proposed qubits might not immediately replace their more established peers, they illustrate the rich variety of quantum physics that remains to be explored and harnessed in the field.

The U.S. Department of Energy Advanced Research Projects Agency-Energy (ARPA-E) today announced funding to pioneer a new approach to studying chemistry and materials. The Quantum Computing for Computational Chemistry (QC3) program aims to develop quantum algorithms to revolutionize diverse areas of energy research, such as designing new and sustainable industrial catalysts, discovering new superconductors for more efficient electricity transmission, and developing improved battery chemistries.

In an exciting development for quantum computing, researchers from the University of Chicago’s Department of Computer Science, Pritzker School of Molecular Engineering, and Argonne National Laboratory have introduced a groundbreaking classical algorithm that simulates Gaussian boson sampling (GBS) experiments. This achievement not only helps clarify the complexities of current quantum systems but also represents a significant step forward in our understanding of how quantum and classical computing can work together.

Realizing practical advantages and societal benefits from quantum-scale phenomena has been a long-sought milestone in quantum information science. The U.S. National Science Foundation today announced the initial $5 million investment across five pilot projects designed to help reach that milestone by taking the first steps toward creating the NSF National Quantum Virtual Laboratory (NQVL), a first-of-its-kind national resource to enable faster discovery and development of use-inspired quantum technologies.

Despite a 50% Decline in Overall Tech Investments, Quantum Computing Attracted $1.2 Billion from Venture Capitalists in 2023, According to New Research by BCG.