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QuantWare raises €6M to scale its quantum processor business

QuantWare, the Dutch startup that builds quantum processors for research and commercial usage, today announced that it has raised a €6 million seed round (that’s about $6.33 million) led by Dutch deep...

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UK Spring Budget: Chancellor plans £1M annual AI prize, quantum investments...

The U.K.’s Chancellor of the Exchequer Jeremy Hunt’s spring budget — delivered on the same day that teachers, transportation workers, civil servants and others were on strike across the country —...

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Nvidia teams up with Quantum Machines to combine classical and quantum machines

Nvidia and Quantum Machines, the Israeli startup offering an orchestration platform to controlling and operating quantum processors, today announced the launch of Nvidia DGX Quantum, which combines...

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Tencent backs Singapore’s Horizon Quantum Computing in $18M round

Quantum computers have the potential to carry out highly complicated calculations in minutes that would have taken classical computers thousands of years to work out. But much of the industry is still...

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Microsoft expects to build a quantum supercomputer within 10 years

Microsoft today announced its roadmap for building its own quantum supercomputer, using the topological qubits the company’s researchers have been working on for quite a few years now. There are still...

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Quantum Machines’ next-gen quantum control solution that can scale beyond...

Tel Aviv-based Quantum Machines today announced the OPX1000, the latest iteration of its quantum controller. Built for large-scale quantum computers, the OPX1000 can control 1,000 qubits and more, well...

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Multiverse raises $27M for quantum software targeting LLM leviathans

We’re still years away from seeing physical quantum computers break into the market with any scale and reliability, but don’t give up on deep tech just yet. The market for high-level quantum computer...

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Microsoft and Quantinuum say they’ve ushered in the next era of quantum...

Microsoft and Quantinuum today announced a major breakthrough in quantum error correction. Using Quantinuum’s ion-trap hardware and Microsoft’s new qubit-virtualization system, the team was able to run...

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C12, a French quantum computing startup founded by twin brothers, raises $19.4M

C12 is announcing that it recently raised an €18 million funding round ($19.4 million at today’s exchange rate). Originally founded in 2020 as a spinoff from the Physics Laboratory of the École Normale...

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UK’s Riverlane scores $75M to correct quantum errors

Quantum computing may still largely be in the theoretical domain, but the money that it’s attracting is very real. © 2024 TechCrunch. All rights reserved. For personal use only.

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IBM makes developing for quantum computers easier with the Qiskit Functions...

IBM today launched the Qiskit Functions Catalog, a new set of services that aims to make programming quantum computers easier by abstracting away many of the complexities of working with these...

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Microsoft and Atom Computing will launch a commercial quantum computer in 2025

Quantum computing is getting there. After years of slow but steady development to create a useful quantum computer that can outperform classical machines, we’re still squarely in the “noisy...

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With $30M in new funding, SEEQC thinks chips are key to building useful...

Nvidia CEO Jensen Huang may have said that “very useful quantum computers” are probably still 20 years away, but his company is also hedging its bets beyond classical chips with investments and...

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Quantum VC QDNL hits €25M first-close on new fund

VC investment into quantum computing declined by 50% last year according to the “State of Quantum 2024” report, dropping from $2.2 billion in 2022 to $1.2 billion, with funds switching in favor of...

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Alice & Bob raises $104M, says quantum computers based on cat qubits will be...

Quantum computing remains something of a holy grail in the world of technology: It promises a huge leap in computing power, but only if someone can figure out how to square away the fault rates that...

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Google-backed Boston quantum startup QuEra raises $230M debt round

Quantum computing, long relegated to the realm of the theoretical, feels like it is back on the agenda as a potentially viable alternative to the expensive race for even more computing power.  On the...

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Quantum Machines raises $170M, says it’s working with more than half of all...

Quantum computing remains a holy grail in the world of technology. But thanks to some important breakthroughs in the last several months, investors are betting on promising startups in the space to...

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Amazon debuts Ocelot, its first quantum computing chip

Amazon Web Services (AWS) has introduced Ocelot, its first quantum computing chip. The news brings it into line with its big cloud rivals Microsoft and Google, which have also unveiled their own...

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Dutch startup QuantWare seeks to fast-track quantum computing

Big Tech companies aren’t sleeping on quantum chips: Amazon Web Services introduced Ocelot; Microsoft, Majorana; and Google, Willow. But although all of these can be considered to be breakthroughs,...

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SXSW 2025: What we’re paying attention to

TechCrunch will be on the ground at SXSW 2025 — the annual tech, music, comedy, and film conference that kicked off Friday in Austin — in search of the zeitgeist of this AI-centric era. Yup, we’re one...

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