A new study from Juniper Research has found quantum technology commercial revenue will rise from $2.7 billion in 2024 to $9.4 billion in 2030. However, the study also predicts the number of quantum computers deployed by 2030 will only reach approximately 300, reflecting the very early stage of the market and high set-up costs.
Read MoreHis joining Nu Quantum signals a new phase of the company in its scaling ambitions and in the coming shift towards networking in the quantum industry.
Read MoreDr Chris Ballance, co-founder and CEO of Oxford Ionics, explains how the company has developed and proven the building blocks of a high-performance, scalable quantum computer, and has also demonstrated that its quantum chips can be produced at scale in a standard semiconductor factory. Chris says that its chip provides over twice the performance of previous world records - achieved without using error correction – detailing why he believes that useful quantum computers are now within touching...
Read MoreInfinityQ Technology is collaborating with Siemens Energy’s Ventures team to demonstrate how quantum-inspired algorithms can be used to accelerate the green energy transition. This collaboration leverages InfinityQ's advanced optimization solutions to address exponential combinatorial optimization problems, contributing to Siemens Energy’s ongoing commitment to leverage cutting-edge technology to solve the energy problems of tomorrow.
Read MoreNearly 100% of the electricity consumed by IT equipment is dissipated as waste heat, says a new white paper published by the European Data Centre Association (EUDCA) Technical Committee. Whilst the quantity of that heat can vary according to the computational load and ambient conditions, it could prove to be a useful resource from both an economic, and energy and sustainability standpoint.
Read MoreSingapore’s National Quantum Office (NQO), Agency for Science, Technology and Research (A*STAR), National University of Singapore (NUS), National Supercomputing Centre (NSCC) and Quantinuum signed a Memorandum of Understanding (MoU) today, enabling access to Quantinuum’s advanced quantum computer, and to explore and collaborate on quantum computing use cases, focusing on computational biology.
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