Quantum · Article
Atom Computing Lands Up to $100M U.S. Commerce Department Quantum Research Deal
The Quantum Insider ·
At a glance
Quantum computer maker Atom Computing has signed a deal with the U.S. Department of Commerce for up to $100 million in research funding. The goal is to build large quantum computers that can fix their own errors and be used in practice.
Key points
- The money will go to in-house technology development, expanded test facilities, and work with parts suppliers.
- Atom Computing also advanced to Stage C of DARPA's quantum benchmarking program, which could bring up to $300 million more.
- The company says it was the first to build a system with more than 1,000 qubits, the basic units of quantum information.
Why it matters
Practical quantum computers need huge research budgets, and government funding is speeding up that work.
Original source
Atom Computing Finalizes $100 Million U.S. Department of Commerce R&D Award
The Quantum Insider · Nov 14, 03:36 KST
Read on The Quantum Insider ↗AI summarized the original article. Check the original for accuracy. Copyright belongs to The Quantum Insider.
Other coverage
More from this field
- DLR Researchers Show Low-Cost Error Mitigation on 100-Qubit IBM and IQM Chips
Researchers at the German Aerospace Center (DLR) built a new way to reduce errors in quantum computers. It aims for more accurate results without needing more measurements. They tested it on 100-qubit processors from IBM and IQM.
Quantum Computing Report · Nov 14, 07:55 KST - QodeX Quantum and US Navy Use 52-Qubit IBM Chip to Forecast Complex Fluid Flows
A team including QodeX Quantum and US Navy researchers used a 52-qubit IBM quantum computer to predict complex flows. The method cut prediction error by 21% to 41% compared with classical approaches.
Quantum Computing Report · Nov 14, 07:22 KST - Rigetti Adds Quantum Elements' Constellation Platform to Its Error Correction Workflow
Rigetti Computing, a maker of superconducting quantum computers, has added Quantum Elements' Constellation simulation environment to its quantum error correction work. The tool simulates chip behavior on classical computers to predict performance before running real hardware.
Quantum Computing Report · Nov 14, 02:00 KST - Q-CTRL Raises $290M Series C Led by Salesforce Ventures to Scale Quantum Software
Quantum infrastructure software company Q-CTRL raised $290 million in a Series C round led by Salesforce Ventures. Investor demand was strong enough that the round was expanded twice, and the company is now valued above $1 billion.
Quantum Computing Report · Nov 14, 01:46 KST