o study QAOA performance, Global Technology Applied Research at JPMorgan Chase in collaboration with the U.S. Department of Energy’s (DOE) Argonne National Laboratory developed QOKit—a Python library implementing a fast QAOA simulator, along with a set of tools to apply it to commonly considered problems.

Scientists at Oxford University Physics said they have made a breakthrough in next-generation quantum computing guaranteeing security and privacy.

Dutch quantum technology company Orange Quantum Systems [OrangeQS] has announced a stronger focus on industry-level testing, that reflects the way the sector is maturing.

QunaSys Inc., a leading quantum technology start-up, announced today that it will host a workshop dedicated to exploring potential applications of quantum computing in the field of Computer-Aided Engineering (CAE). The workshop aims to bring together industry professionals and experts to discuss the potential and challenges of leveraging quantum computers to accelerate computational processes in CAE.

Hydro-Québec has become a partner of the Quebec Digital and Quantum Innovation Platform (PINQ²). As the administrator of the IBM Quantum System One located at IBM Bromont, PINQ² offers an innovative computing approach to companies wishing to conduct research, opening new perspectives in sectors such as health care, energy, manufacturing industry, environment and sustainable development.

The Leibniz Supercomputing Centre (LRZ) has recently installed the HQS Noise App from HQS Quantum Simulations, a significant milestone in their collaborative efforts to advance quantum computing technology. This installation is a key component of the Q-Exa project, where LRZ and HQS aim to explore the intricate details of quantum computing and accelerate the development of quantum computing applications for various companies and researchers.

IQM Quantum Computers (IQM), a global leader in building quantum computers, today announced the launch of IQM Resonance, a cloud service to advance quantum exploration and research. This will give algorithm developers and scientists seamless and easy access to IQM’s advanced quantum systems to plan, develop, test, and benchmark their quantum algorithms.

OVHcloud, the European Cloud leader, today brought together the European Quantum ecosystem in Croix France to inaugurate the commissioning of the first Quantum computer available from a European Cloud service provider. At a time when European’s countries express a growing aspiration in spearheading innovation, regaining control over their future, preserving sovereignty and upholding their values, OVHcloud fully plays its role as a technological leader, investing in state-of-the-art solutions to support Europe’s strategical autonomy.

March 12, 2024 -- From batteries and semiconductors to energy storage, the transition to green technologies requires the development of new, sustainable materials at an unprecedented pace. German startup Quantistry believes it can fast-track the discovery of such materials using a mix of quantum tech, physics-based simulations, and machine learning. By automating the process, it looks to sidestep the “high costs, fragmented expertise, and slow innovation” inherent to classical R&D. Quantistry has developed a cloud-based platform powered by small-scale quantum computers and AI, that allows users to determine material and molecular properties in simulation, rather than in real-life. This removes much of the trial and error in material discovery, enabling companies to focus on developing those materials with the most promise from the outset. In a vote of confidence for the budding company, it has just bagged €3mn in funding, which includes backing from Chemovator, the business incubator of German chemical giant BASF. The investment round is led by Ananda Impact Ventures, one of the oldest and most established European impact funds. Quantistry will use the cash to further develop its simulation platform and secure new customers. Marcel Quennet, CEO of Berlin-based Quantistry, said the company isn’t just looking to speed up industrial R&D, but also make it more accessible to companies who may not have the budget for more traditional, labour-intensive methods. “It’s clear: simulations not only transform the industrial R&D landscape but also steer it towards a greener future — yet, they remain out of reach for many. Together, we’re democratising this technology, shaping the future of chemical R&D and materials science,” said the co-founder, who holds a PhD in Quantum Chemistry. Quantistry’s new funding round comes amid a surge in AI investment, as companies tap machines to accelerate the development of everything from medical treatments to fusion energy. The German startup isn’t the only one using AI to speed up material discoveries either. Google DeepMind recently unveiled a deep learning tool that predicted the structure of over 2.2 million crystalline materials — 45 times more than the number discovered in the entire history of science. Quantistry was founded in 2019 by Quennet and co-founders Arturo Robertazzi, computational chemist and science communicator, and Stefan Kupferberg, finance expert and serial entrepreneur.

HQS Quantum Simulations (HQS), a quantum startup from Karlsruhe, is supporting the QRydDemo project on behalf of the University of Stuttgart by developing a special compiler. The QRydDemo project is building a quantum computer based on neutral atoms. The compiler developed by HQS is specifically tailored to the unique features of this quantum computer. HQS will continue its support for the project, initiated in 2021 and scheduled to run until January 2025, and will improve the compiler further.