Xanadu in Talks For Up to C$390 Million From Canada And Ontario to Advance Quantum Manufacturing
Insider Brief Xanadu Quantum Technologies has entered negotiations with the governments of Canada and Ontario for up to $390 million in potential support for Project OPTIMISM, an initiative aimed at building advanced semiconductor and photonic manufacturing capabilities for the quantum technology supply chain. The proposed project would establish domestic capabilities in areas such as heterogeneous […]
University of Houston Physicists Break Superconductivity Temperature Record
Insider Brief Researchers at the University of Houston set a new record for superconductivity at ambient pressure, achieving a transition temperature of 151 Kelvin using a pressure-quenching technique that preserves enhanced properties after pressure is removed. The result surpasses the previous ambient-pressure record of 133 Kelvin for the mercury-based superconductor Hg1223, increasing the transition temperature […]
A Laser on a Chip Can Sketch The Mona Lisa — And Could Power Future LiDAR And Quantum Devices
Insider Brief Researchers developed a tiny photonic device called a “ski-jump” that can project and rapidly scan laser beams directly from a chip into free space, potentially enabling faster optical systems for computing, sensing and displays. The team demonstrated the technology by projecting images—including a sketch of the Mona Lisa—using a nanoscale waveguide that physically […]
IQM Launches Fourth Quantum Computer in Finland at Aalto University
Insider Brief IQM Quantum Computers has deployed its fourth on-premises 20-qubit quantum computer, Aalto Q20, at Aalto University, strengthening Finland’s quantum ecosystem. The system will support advanced research, education in quantum engineering, and integration with the LUMI pre-exascale supercomputer to expand access across the EU. IQM’s deployment addresses Finland’s growing talent needs, enhances domestic quantum […]
IonQ Partners with University of Cambridge to Launch Quantum Innovation Centre
Insider Brief IonQ has partnered with the University of Cambridge to establish the IonQ Quantum Innovation Centre, aimed at accelerating quantum research commercialization and workforce development in the UK. The collaboration will deploy IonQ’s 6th-generation 256-qubit system on campus and provide access to IonQ’s quantum cloud to support research in computing, networking, sensing, and security. […]
Xanadu and AMD Accelerate Quantum Computing for Aerospace and Engineering
Insider Brief Xanadu Quantum Technologies and AMD demonstrated hybrid quantum-classical aerospace simulations using Xanadu’s PennyLane quantum software running on AMD high-performance computing infrastructure. The demonstration compiled and executed a computational fluid dynamics model with a 256×256 matrix using 20 qubits and approximately 35 million quantum gates in a hybrid simulation environment. Researchers also accelerated the […]
Serendipity Capital Reports Group Valuation Hits $1.25 Billion, Eyes Next Phase of Growth
Insider Brief Serendipity Capital reported strong FY25 results, with group valuation reaching $1.25 billion, total net asset value of $810 million, and NAV per share growth of 9.9x since inception. The firm generated a 53% internal rate of return and a 6.6x multiple on invested capital, outperforming global venture capital benchmarks and public market comparators. […]
Zapata Quantum Appoints Three Members to Growth Advisory Board
Insider Brief Zapata Quantum announced the appointment of three industry leaders—Steve Suarez, Steven Lau, and M. Jeff Brittain—to its Growth Advisory Board to support enterprise adoption and vertical-specific quantum applications. The new members bring experience across consulting, investment, and enterprise technology leadership, including roles connected to organizations such as HorizonX, WorldQuant Foundry, and the FedEx […]
Sydney Researchers Build Ultra-Compact AI Chip Operating at Speed of Light
Insider Brief Researchers at the University of Sydney built an ultra-compact nanophotonic AI chip that performs neural network calculations using light instead of electricity, enabling computation at the speed of light. The prototype encodes AI models directly into nanoscale photonic structures that manipulate photons to carry out machine-learning operations in picoseconds while generating far less […]
Quantinuum Researchers Demonstrate Quantum Computations With Dozens of Protected Logical Qubits
Insider Brief Researchers at Quantinuum and collaborators demonstrated quantum computations using up to 94 protected logical qubits, showing that encoded qubits can outperform unprotected hardware operations on a trapped-ion quantum processor. The study reports logical gate error rates of roughly one error in ten thousand operations, significantly lower than the processor’s raw hardware gate errors. […]