IonQ Archives | Be Korea-savvy

Hyundai, U.S. Firm Join Hands for Battery Development

SEOUL, Jan. 20 (Korea Bizwire) — South Korea’s Hyundai Motor Co. said Thursday it has partnered with U.S. quantum computer firm IonQ for battery development. The partnership will allow Hyundai Motor to use IonQ’s quantum computers to develop more effective car batteries, Hyundai said in a statement. Quantum-powered chemistry simulation is expected to significantly enhance [...]

IonQ Secures $55 Million in Funding to Bring Quantum Computing from the Lab to the Enterprise

COLLEGE PARK, Md., Oct. 22 (Korea Bizwire) – IonQ, the leader in universal quantum computing, today announced it has secured $55 million in a funding round led by the Samsung Catalyst Fund and Mubadala Capital. This round of funding brings IonQ’s total amount raised to $77 million. IonQ plans to use the funds announced today to make quantum computing [...]