Quantum startup Diraq secures additional $15m investment to Series A funding round
Sydney-based startup has raised $120m to date
Sydney-based startup has raised $120m to date
The photonic quantum computer will offer at least ten physical qubits
Acquired division comes from wireless technology company
New Advantage2 prototype offers double the number of qubits and couplers than previous versions
Machine is housed at research institute Academia Sinica
Brings company’s funding total to $625m
Test runs successfully completed
The cash and stock deal is reportedly worth $75m
Deal will see Quantinuum install H1-Series ion trap quantum computer at Japanese research lab
Looking for somewhere to install and operate quantum sites
The QPU contains both 9 and 5-qubit chips and is based on the company’s Ankaa-class architecture
The physics-based computers will make scaling generative AI more efficient
New hardware debuted at company's Quantum Summit 2023
Also invests £500m in AI compute
Revenues grow but losses continue for quantum providers
Result of agreement with National Quantum Computing Centre
Company cancels bonuses as it aims for profitability
To be housed in RPI's Voorhees Computing Center
Rack-mounted version of existing Forte system and new Tempo offering
In the face of growing losses, all four promising big growth in the future
Government signs MoU with Innogress for quantum facility
Company stabilizes stock price above minimum required threshold
127-qubit system to go live in January 2024
Company to deliver first European systems to Basel tech campus