Researchers from the University of Waterloo's Faculty of Science and the Institute for Quantum Computing (IQC) are prioritizing collaboration over competition to advance quantum computer development ...

PsiQuantum has an ambitious timeline, aiming to break ground on quantum computing sites in two locations in the coming months. Quantum computers are powerful, but a practical quantum machine that’s ...

- Distributed quantum network could lay groundwork towards quantum computing internet defined by quantum computers, sensors, and communication in the late 2030s YORKTOWN HEIGHTS, N.Y. and SAN JOSE, ...

PsiQuantum, a quantum computing company, has announced a $1 billion Series E funding round intended for advancing fault-tolerant quantum systems. Mark Brunner, executive vice president of public ...

NanoQT, a startup developing interconnects for quantum computing, raised $14 million in a Series A funding round. Phoenix Venture Partners (PVP), a venture capital firm with a history of investing in ...

The breakthrough addresses concerns that powerful quantum computers could eventually crack encryption standards to leave vulnerable financial systems, government communications, health data and media.

The commonly used RSA encryption algorithm can now be cracked by a quantum computer with only 100,000 qubits, but the technical challenges to building such a machine remain numerous ...

IBM and Cisco are partnering on the groundwork for networked distributed quantum computing, to be realized as soon as the early 2030s. By combining IBM’s leadership in building useful quantum ...

- New collaboration plans to unite strengths of both leaders to design a connected network of large-scale, fault-tolerant quantum computers, targeted by early 2030s - Companies plan to deliver an ...