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LG Electronics to Develop Quantum Computing Tech with Dutch Firm

LG Electronics to Develop Quantum Computing Tech with Dutch Firm

SEOUL, April 15 (Korea Bizwire) — LG Electronics Inc. said Thursday it has formed ties with Dutch quantum algorithm developer Qu & Co to conduct joint research on quantum computing technology in a move to boost competitiveness in future technologies. Under the research agreement, the two companies will develop quantum computing technology for multiphysic simulations [...]

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

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 [...]

1QBit Raises $45M Series B Round from Fujitsu, Accenture, and Allianz to Advance Industry Applications of Quantum Computing

1QBit Raises $45M Series B Round from Fujitsu, Accenture, and Allianz to Advance Industry Applications of Quantum Computing

VANCOUVER, British Columbia, Nov. 28 (Korea Bizwire) — 1QB Information Technologies Inc. (1QBit), a software company solving industry’s most demanding computational challenges using the most advanced quantum and classical hardware available, today announced the close of a C$45 million Series B round comprising equity and revenue contracts. This funding round is led by Fujitsu Limited, [...]