Company also signs agreement with Japan’s AIST

Qolab secures seed funding from Development Bank of Japan

Says the system has “quantum-enhanced machine learning capabilities”

Will go into effect on January 2, 2025

Will house 12 quantum computers

The 16 physical qubit system will be based on semiconductor spin qubits

Will be integrated into the Euro-Q-Exa hybrid quantum computer

Investment sum has not been disclosed

The firm aims to use the new funding to scale its manufacturing operations

Users will have both physical and remote access to the machine

Company says it can offer 9.9% uptime and availability with sub-second solve times

Second time for Rigetti, third time for D-Wave

Company's second dedicated facility for quantum computers

Oxford Ionics, Infineon Technologies, neQxt, Quantum Brilliance, and ParityQC win €35m contract

Company could develop 20 quantum computers each year

Company claims it will achieve universal fault-tolerant quantum computing by the end of decade

Follows similar move made by other countries

Diamond quantum accelerators will be integrated with classical HPC systems

Highest qubit-count gate-based quantum system currently available on Braket

Losses continue for quantum companies, but trending slowly in the right direction

Company's first processor shipped overseas

Follows an investment round in May

Collaboration between 36 partners from 11 countries

First European quantum firm to close a Series C round