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        California-based quantum hardware startup Atom Computing and Microsoft have partnered to combine Microsoft's qubit virtualization software with Atom Computing's neutral atom hardware for quantum computing development.
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        The partnership demonstrated 24 entangled logical qubits and successfully ran the Bernstein-Vazirani algorithm on 20 logical qubits. In 2025, the collaboration will deliver a commercial quantum computer with over 1,000 physical qubits, focusing on chemistry and materials science research applications.
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        The system features Microsoft's error detection and correction technology, which reduced computing mistakes from 42% to 26.6%. It also includes the ability to detect and correct lost atoms during computation without halting the process.
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<div>
  <p>
    <a href="https://techcrunch.com/2024/11/19/microsoft-and-atom-computing-will-launch-a-commercial-quantum-computer-in-2025/">
      TechCrunch
    </a>
  </p>
  <p>
    <a href="https://siliconangle.com/2024/11/19/microsoft-partners-atom-computing-launch-commercial-quantum-computer/">
      SiliconANGLE
    </a>
  </p>
  <p>
    <a href="https://arstechnica.com/science/2024/11/how-to-fix-quantum-computing-errors-neutral-atom-edition/">
      Ars Technica
    </a>
  </p>
  <p>
    <a href="https://www.nextgov.com/emerging-tech/2024/11/microsoft-and-atom-computing-unveil-24-qubit-quantum-machine/401140/">
      Nextgov.com
    </a>
  </p>
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Quantum Computing

INCUMBENTS_PRESENT

PROMINENT_CATEGORY

<div>
 <p>Atom Computing, a quantum hardware startup based in California, has partnered with Microsoft to merge their neutral atom hardware with Microsoft's qubit virtualization software. This partnership aims to accelerate the development of quantum computing.</p>
 <p>This collaboration has successfully demonstrated 24 entangled logical qubits and ran the Bernstein-Vazirani algorithm on 20 logical qubits. They plan to deliver a commercial quantum computer with over 1,000 physical qubits by 2025. This computer will mainly target research applications in the field of chemistry and materials science.</p>
 <p>Notably, the system is equipped with Microsoft's error detection and correction technology. This technology has effectively reduced computing errors from 42% to 26.6%. Furthermore, it also has the capacity to detect and correct lost atoms during computation without causing any interruptions to the process.</p> 
</div>

Microsoft and Atom Computing partner to develop commercial neutral atom quantum computer

<div>
 <p>Quantum Circuits, Inc. (QCI), a quantum computing firm, has announced the introduction of Aqumen Seeker, an eight-qubit quantum processor that utilizes a dual-rail qubit system. This new processor follows a successful $60 million Series B funding and is a part of the QCI's full-stack quantum computing system.</p>
 <p>Aqumen Seeker comes equipped with quantum error detection (QED), error detection handling (EDH), and real-time control flow (RTCF). The implementation of the dual-rail qubit system in this processor is primarily aimed at error correction and improving scalability, thereby empowering businesses to operate quantum algorithms more efficiently.</p>
 <p>QCI explains that the focus of this new processor on error correction over scaling allows it to deliver superior results using fewer qubits. This method is predicted to fast-track the journey towards fault-tolerant quantum computing, while also boosting the scale, precision, and trustworthiness of quantum algorithms.</p>
</div>

Quantum Circuits launches Aqumen Seeker quantum processor

ANALYST_QUICK_TAKE

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 <p>Yonsei University in South Korea has installed an IBM Quantum System One at its Quantum Computing Center in the Songdo International Campus. This marks South Korea's first installation of such a system, and the world's second on a university campus. The system operates using a 127-qubit IBM Quantum Eagle processor.</p>

 <p>The system's deployment aims to offer research and utilization opportunities to Yonsei University, other Korean academic institutions, companies, and organizations. The system will be available for use via cloud access, and adds to IBM's global collection of utility-scale quantum computers, alongside those in US, Canada, Germany, and Japan.</p>
 
 <p>This move compliments Yonsei's collaboration with Incheon Metropolitan City on the creation of the world's first quantum-bio convergence high-tech industrial cluster. Yonsei University has also formed a dedicated Quantum Computing Project Team. The university plans to hold an opening ceremony for the Quantum Computing Complex in March 2025, to coincide with its 140th anniversary and the UNESCO International Year of Quantum Science and Technology.</p>
</div> <p><b>Analyst QuickTake:<br>
 </b> This marks IBM's fifth on-premises system deployed worldwide. Outside of the US, IBM installed its systems in <a href="https:<br>
//sp-edge.com/updates/2269"> Germany </a> and <a href="https:<br>
//sp-edge.com/updates/3720"> Japan </a> in June 2021 with 27 qubits, followed by <a href="https:<br>
//canada.newsroom.ibm.com/Canadas-IBM-Quantum-System-One-Unveiled-in-Quebec"> Canada </a> in September 2023, which involved IBM's 127-qubit processor. While IBM already has clients across several countries for its various offerings, it is now expanding its global footprint in quantum computing.</p>

Yonsei University installs South Korea's first IBM Quantum System One

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 <p>Quantinuum, a full-stack quantum computing company, and Infineon Technologies AG, a semiconductor manufacturer, have announced a strategic partnership. They aim to develop advanced ion trap technology for quantum computers, though the terms and financial aspects of the partnership remain undisclosed.</p>
 <p>The collaboration will merge Infineon's knowledge in process development, fabrication, and quantum processing unit technology with Quantinuum's skills in ion-trap design and operations. Their shared goal is to enhance quantum computing applications in AI, material science, and generative chemistry.</p>
 <p>Infineon and Quantinuum have already been working together for over a year to develop more sophisticated ion traps for Quantinuum's next-gen quantum computers. The work aligns with Quantinuum's aim to achieve universal fault tolerance in their systems by 2029.</p>
 
</div>

Infineon and Quantinuum partner to develop next-generation ion traps for quantum computing

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 <p>QuEra Computing, a company specializing in neutral-atom quantum computing, has recently announced its full-stack quantum algorithm co-design program. The objective of this initiative is to provide businesses and research institutions with the opportunity to collaborate with QuEra experts to enhance their quantum computing capabilities.</p>
 <p>The program is structured into four distinct phases: an initial assessment of enterprise needs, custom hardware and algorithm creation, simulation and refinement processes, and priority access to hardware. Key features of the program include sophisticated qubit control, high-precision shuttling, operations involving multiple qubits, and dynamic reconfiguration.</p>
 <p>According to QuEra, participants in the program will be able to optimize their existing quantum resources, use their neutral-atom technology more effectively, and gain early access to simulations and priority hardware, which in turn encourages accelerated innovation cycles.</p>
 
</div> <p><b>Analyst QuickTake</b> :<br>
 Last month, QuEra secured a <a href="https:<br>
//sp-edge.com/updates/34890"> strategic investment </a> from Google Quantum AI to develop scalable, fault-tolerant, neutral atom-based quantum computers and fuel its milestones outlined in QuEra's strategic <a href="https:<br>
//www.quera.com/press-releases/quera-computing-releases-a-groundbreaking-roadmap-for-advanced-error-corrected-quantum-computers-pioneering-the-next-frontier-in-quantum-innovation"> roadmap </a> announced in January 2024.</p>

QuEra launches quantum algorithm co-design program

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 <p>Algorithmiq, a quantum software developer, has allied with NVIDIA to develop error mitigation techniques for quantum devices. This partnership will utilize NVIDIA's advanced supercomputing technology. </p>
 <p>The team-up has already witnessed a substantial 400x performance enhancement in Algorithmiq's Tensor Network Error Mitigation (TEM) solution using NVIDIA's platform. The intention behind this partnership is to augment quantum computing reliability in various sectors including finance, healthcare, materials science, and cryptography. The initial outcomes of this collaboration are anticipated by Q2 2025.</p>
 
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Algorithmiq partners with NVIDIA to enhance quantum error mitigation solutions

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 <p>Quantum Computing Inc. (QCi), a firm specializing in quantum optics technology, has raised USD 40 million in a registered direct offering. The offering involved 16 million shares, sold at USD 2.50 per share following Nasdaq rules.</p>
 <p>The raised capital is intended for repayment of debt, as working capital, and to support general corporate purposes. The offering is forecasted to conclude around November 18, 2024.</p>
</div>

Quantum Computing Inc. raises USD 40 million in direct offering

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 <p>Equal1, an Ireland-based quantum computing company, has successfully tested an Arm Cortex processor chip at a temperature of 3.3 Kelvin (-269.85°C). The company is part of the Arm Flexible Access program, and its core focus is merging classical computing with quantum systems.</p>
 <p>The chip functions a few degrees above absolute zero and employs electrons or holes as qubits. It leverages standard CMOS manufacturing techniques and uses unique design strategies developed over six years of study. By mid-2025, the firm expects to integrate the more potent Arm Cortex-A55 processor into its upcoming Quantum System-on-Chip (QSoC).</p>
 <p>Equal1's vision is to develop rack-mounted quantum computers capable of installation in standard data centers, offering a less costly alternative to existing solutions. Their technology is designed for applications in areas such as chemistry, drug discovery, financial and logistics optimization problems, and quantum AI applications.</p>
 
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Equal1 tests Arm processor chip at cryogenic temperatures

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 <p>Quantum Computing Inc (QCi), a firm focusing on integrated photonics and quantum optics technologies, has recently received its inaugural order for thin-film lithium niobate (TFLN) photonic chip foundry services. The order comes from an Asian research institute.</p>
 <p>As part of the partnership, QCi will lend its TFLN processing expertise and offer in-house photonic chip design services through two fabrication runs. The initial delivery of the chip is slated for December 2024, with the completion of the entire order expected to be fulfilled by Q1 2025.</p>
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Quantum Computing Inc. secures first order from Asian research institute for TFLN chip foundry

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 <p>Quantinuum, a company specializing in trapped ion quantum computing, has introduced a Quantum Error Correction (QEC) decoder toolkit. This toolkit leverages a hybrid computing approach that merges quantum and classical resources, aiming to facilitate real-time error correction in quantum computing.</p>
 <p>The QEC decoder toolkit utilizes Web Assembly (Wasm) in both hardware and emulator environments, therefore making use of libraries and intricate data structures possible. The toolkit comprises three use cases, namely Repeat Until Success for conditional quantum operations, Repetition Code that transforms three physical qubits into a single logical qubit, and Surface Code that adapts nine physical qubits into one logical qubit.</p>
 <p>Quantinuum states that its toolkit removes the requirement for unscalable lookup tables as it algorithmically determines corrections during computational procedures. The company promotes its system coherence times as being up to 10,000x more extensive than other industry competitors, thereby enabling its users to yield superior results and utilize more complex decoders.</p>
 
</div> <p><b>Analyst QuickTake</b> :<br>
 I n July 2024, Quantinuum announced plans to <a href="https:<br>
//sp-edge.com/updates/32103"> go public </a> with an anticipated valuation of USD 10 billion, making it the highest-valued quantum computing company at IPO. The company also introduced the beta version of its quantum computing platform, Quantinuum Nexus, which can simplify quantum computing workflows and is available for quantum users to apply for beta access. These strategic moves signal that Quantinuum aims to strengthen its technological portfolio and set the stage for a successful IPO in the coming year.</p>

All Updates

Microsoft and Atom Computing partner to develop commercial neutral atom quantum computer

Quantum Circuits launches Aqumen Seeker quantum processor

Yonsei University installs South Korea's first IBM Quantum System One

Infineon and Quantinuum partner to develop next-generation ion traps for quantum computing

QuEra launches quantum algorithm co-design program

Algorithmiq partners with NVIDIA to enhance quantum error mitigation solutions

Quantum Computing Inc. raises USD 40 million in direct offering

Equal1 tests Arm processor chip at cryogenic temperatures

Quantum Computing Inc. secures first order from Asian research institute for TFLN chip foundry

Quantinuum releases quantum error correction decoder toolkit

Quantum Computing

Microsoft and Atom Computing partner to develop commercial neutral atom quantum computer

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