Quantum computing firm Quantinuum raises $600M at a $10B pre-money valuation
Kyt Dotson / siliconangle - Quantinuum Ltd., an integrated quantum computing company majority-owned by Honeywell International Inc., announced today it raised $600 million in equity capital to advance and scale its cutting-edge trapped-ion quantum computer technology stack. The rais…
Back to Top / Thursday, September 4, 2025, 11:21 am / permalink 13793 / 2 stories in 6 months
IQM raises record $320M Series B to cement Europe’s place in the quantum computing race
Cate Lawrence / tech - Today IQM Quantum Computers announced that it has raised $320 million in venture capital, the largest Series B raise ever in the quantum space, both in Europe and outside of the US. It brings the comp...
Back to Top / Wednesday, September 3, 2025, 8:21 am / permalink 13656 / 6 stories in 6 months
Phasecraft secures $34M to accelerate practical quantum computing solutions
Duncan Riley / siliconangle - Quantum algorithm company Phasecraft Ltd. announced today that it has raised $34 million in new funding to accelerate its work to transform quantum computing’s theoretical promise into practical applications. Founded in 2019, Phasecraft focuses on making …
Back to Top / Tuesday, September 2, 2025, 12:20 am / permalink 13523 / 4 stories in 6 months
Denmark to Host World’s Most Powerful Quantum Computer in €80M Microsoft-Backed Deal
Markus Kasanmascheff / winbuzzer - Denmark launches QuNorth, an €80M initiative to build the 'Magne' quantum computer. Backed by Microsoft, it aims for quantum leadership with 50 logical qubits.The post Denmark to Host World’s Most Powerful Quantum Computer in €80M Microsoft-Backed Deal ap…
Back to Top / Thursday, July 17, 2025, 7:21 am / permalink 10280 / 2 stories in 7 months
Nvidia CEO says quantum computing is reaching an 'inflection point'
cnbc - Nvidia CEO Jensen Huang says that quantum computing is reaching an inflection point and will start to solve real-world problems in the coming years.
Back to Top / Wednesday, June 11, 2025, 7:21 am / permalink 7633 / 1 stories in 8 months
IBM reveals roadmap to world’s first large-scale, fault-tolerant quantum computer in 2029
Kyt Dotson / siliconangle - IBM Corp. today revealed its expected roadmap for building the world’s first large-scale, fault-tolerant quantum computer, which would enable scaling up quantum computing for real-world practical results. The technology giant said it expects to be able to…
Back to Top / Tuesday, June 10, 2025, 2:23 pm / permalink 7521 / 4 stories in 8 months
IBM aims to build the world’s first large-scale, error-corrected quantum computer by 2028
Sophia Chen / technologyreview - IBM announced detailed plans today to build an error-corrected quantum computer with significantly more computational capability than existing machines by 2028. It hopes to make the computer available to users via the cloud by 2029. The proposed machine, …
Back to Top / Tuesday, June 10, 2025, 6:21 am / permalink 7433 / 5 stories in 8 months
IonQ to buy Oxford Ionics in $1B+ quantum hardware acquisition
Maria Deutscher / siliconangle - IonQ Inc. today announced plans to acquire Oxford Ionics Ltd, a fellow developer of quantum computing chips, for $1.075 billion. The company will finance the deal with a combination of its own stock and $10 million in cash. The acquisition is expected to …
Back to Top / Monday, June 9, 2025, 5:21 pm / permalink 7388 / 2 stories in 8 months
UK quantum startup Oxford Ionics acquired by IonQ in $1.1bn deal
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Back to Top / Monday, June 9, 2025, 9:21 am / permalink 7286 / 2 stories in 8 months
D-Wave Launches Next-Gen Advantage2 Quantum Computer
D-Wave Quantum has unleashed its Advantage2 system boasting over 4400 qubits and hybrid solver integration, with shares soaring in response. The breakthrough not only marks a leap in quantum computing but also redefines the race for quantum supremacy.
Back to Top / Tuesday, May 20, 2025, 8:20 am / permalink 5060 / 2 stories in 9 months
Nvidia in Advanced Discussions for Strategic Quantum Startup Investments
Nvidia appears to be engaging in high-stakes talks to invest in emerging quantum computing startups, with one report zeroing in on PsiQuantum. These discussions underscore Nvidia’s latest push into uncharted technological frontiers—a calculated leap from its traditional graphics dominance into the quantum realm.
Back to Top / Sunday, May 18, 2025, 10:20 pm / permalink 4995 / 1 stories in 9 months