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News
IBM and Lockheed Martin Turn a Swiss Defense Deal Into a Quantum Computing Bet
1+ day, 13+ hour ago (302+ words) Lockheed Martin and IBM are using Switzerland's F-35 defense offset obligations to fund a quantum computing hub at ETH Zurich, pairing IBM's Nighthawk r2 processor with the Alps supercomputer....
Uncle Sam’s Quantum Leap: Feds Fund a $300M Quantum Supercycle
2+ day, 8+ hour ago (74+ words) The U.S. Commerce Department is investing up to $300 million for minority equity stakes in D-Wave, Rigetti, and Quantinuum, reinforcing balance sheets and reshaping quantum computing's valuation outlook....
Quantum computer development is more about national security than profits, says expert
2+ day, 7+ hour ago (164+ words) Japanese electronics giant NEC stopped development of gate-based superconducting quantum computer hardware at the end of March 2026. According to Japanese media reports, NEC concluded that the commercialization timeline for a physical quantum computer was too long and that hardware investment…...
Stocks in play: Xanadu Quantum Technologies Limited
2+ day, 14+ hour ago (83+ words) theglobeandmail.com Stocks in play: Xanadu Quantum Technologies Limited In collaboration with AMD today announced the release of Backline, an open-platform solution, co-designed by Xanadu and AMD, for rapid communications between quantum and classical computing hardware. Backline is built using…...
Penn State, Kurt J. Lesker Company partner to advance atomic-scale processing | Penn State University
2+ day, 14+ hour ago (273+ words) KJLC is a Pennsylvania-based company specializing in vacuum science and equipment used to create and shape extremely thin layers of materials. These thin films are essential components in semiconductors and other advanced technologies. A central goal of the partnership is…...
The Coming Q-Day: US states largely unprepared as quantum computing threats loom
2+ day, 8+ hour ago (1378+ words) In an inconspicuous building on the western edge of Boston, scientists are using lasers to separate atoms and develop one of the most powerful machines ever created. Once fully operational, it could be able to create new, lifesaving medicines. It…...
Xanadu Quantum Technologies Limited and Advanced Micro Devices, Inc. Launches Backline to Streamline CPU, GPU, FPGA Integration for Quantum Technology | MarketScreener
2+ day, 15+ hour ago (48+ words) Xanadu Quantum Technologies Limited and Advanced Micro Devices, Inc. Launches Backline to Streamline CPU, GPU, FPGA Integration for Quantum Technology marketscreener.com Xanadu Quantum Technologies Limited IT Services & Consulting Xanadu Quantum Technologies Limited and Advanced Micro Devices, Inc. Launches Backline…...
Commerce Department Backs $300 Million Quantum Computing Push
2+ day, 16+ hour ago (764+ words) The U.S. Commerce Department finalized CHIPS Act awards worth up to $100 million each for quantum-computing companies Rigetti, D-Wave, and Quantinuum on Tuesday, taking minority equity stakes in all three. The funding, aimed at scaling the hardware and error-correction systems needed for…...
Commerce finalizes $375 million grant to GlobalFoundries for quantum chip business
2+ day, 14+ hour ago (630+ words) GlobalFoundries just finalized a deal in which the U.S. Commerce Department will give it $375 million over five years to build up its new quantum computing division, Quantum Technology Solutions. MALTA — GlobalFoundries and the U.S. Commerce Department finalized the government’s $375 million grant…...
Washington Bought Into Quantum Computing – Crypto Should Be Paying Attention
2+ day, 14+ hour ago (391+ words) The Commerce Department's $2 billion bet on nine quantum companies is a bipartisan-styled industrial policy play, but the same technology it is subsidizing is the one Bitcoin and Ethereum are racing to defend against. The US Department of Commerce said on…...