IQM Quantum Computers delivered its first US quantum computer to the US Department of Energy’s Oak Ridge National Laboratory in Tennessee this June, marking an expansion for the European-based company. The company reported an operating loss of EUR 60.5 million for the first half of 2026, but currently holds an order backlog exceeding EUR 102.1 million as of August 3, 2026. “Our public debut marks a milestone,” said Dr. Jan Goetz, CEO, “demonstrating how technology leadership can attract capital to transition quantum computing from research into usable computing infrastructure.” IQM also secured a deal with CSC to integrate a quantum computer into the LUMI AI Factory, connecting it to a leading supercomputer. Revenues reached EUR 8.9 million over the same period as the company begins commercialization following its public listing. A cash balance of EUR 309.4 million, from proceeds of the listing, provides a financial runway extending into the second quarter of 2028, according to company statements. IQM is also exploring use-cases with Deutsche Bahn, including a railway scheduling solution using current hardware. Jan Goetz, CEO, forecasts a new order intake between EUR 65 million and EUR 75 million, and revenue between EUR 42 million and EUR 47 million for the full year 2026, reflecting confidence in its commercial progress. IQM is investing over EUR 40 million into expanding its fabrication facilities, aiming to double cleanroom capacity and produce up to 30 full-stack quantum computers annually. See today’s quantum computing news on Quantum Zeitgeist for the latest breakthroughs in qubits, hardware, algorithms, and industry deals.
Aug 4, 2026 · via quantumzeitgeist.com
Israel is moving into one of the world’s most competitive technology races, launching a national effort to develop quantum computing infrastructure, advanced artificial intelligence systems and the next generation of AI-powered machines. The National Artificial Intelligence Directorate at the Prime Minister’s Office, together with the Accountant General’s Division at the Finance Ministry, announced a series of initiatives designed to advance Israel’s capabilities in quantum technology and artificial intelligence. The first major projects include “Project Nexus,” a tender to establish an Israeli-built national quantum computing platform, as well as programs to develop infrastructure for “Physical AI” and advance domestic AI models. Officials said the goal is to strengthen Israel’s technological independence and maintain its position as a global innovation leader. Building an Israeli quantum computer Quantum computing represents a major shift from traditional computing. While conventional computers process information using bits that represent either 0 or 1, quantum computers use quantum bits, or qubits, which can exist in multiple states simultaneously. This allows quantum systems to analyze certain complex problems in ways that traditional computers cannot, potentially transforming fields such as cybersecurity, medicine, materials science and advanced simulations. The global race to develop powerful quantum computers has become a strategic competition among major powers because of their potential impact on encryption, national security and communications. A sufficiently advanced quantum computer could eventually threaten current encryption systems protecting financial networks, critical infrastructure and military communications. Preparing for the era of Physical AI Alongside quantum computing, Israel is also investing in what is known as Physical AI, a field focused on systems that can understand and interact with the physical world. Unlike traditional AI systems that operate mainly through software, chatbots or screens, Physical AI combines artificial intelligence models with sensors, machines and robotics. Applications could include humanoid robots, autonomous vehicles, smart medical
Aug 4, 2026 · via ynetnews.com
EDTECH: What role should CIOs play in helping their institutions plan for the future? ZHOU: As technologists, it’s our job to learn the cutting edge. The cutting edge isn’t always beneficial, but we have the responsibility to identify emerging technologies we can bring to our institutions to drive the best outcomes. That’s where CIO 3.0 plays a big role — that may be AI, quantum or other things, but that’s where CIOs can be a transformative force. EDTECH: How have you approached user satisfaction at Texas Tech? ZHOU: One of the things that defines the existence of technology is the customer who can benefit from what we bring in. Being customer-centric is critical and makes our work more meaningful every day. I’m fortunate to have a good team that’s focused on customer satisfaction. What I bring to Texas Tech is to accelerate and expand that culture and create new initiatives to put customer-centricity on steroids. It’s not a one-off activity, but an intentional system including policy, processes and KPIs like the net promoter score to methodically drive improvements. I joined Texas Tech in September 2024, and over the next year, we more than doubled our faculty satisfaction score. EDTECH: As someone who’s been focused on quantum computing for some time, why is now the time to advance this field? ZHOU: When I started with IBM, we were at a 130-nanometer semiconductor processing node, and today, the semiconductor manufacturing technology has moved to about 2 nanometers. It’s amazingly small, and it raises the question, what is the next technology that can allow us to continue driving the evolution? Quantum potentially is what would continue to drive that upscaling of processing power. DISCOVER: Universities leverage quantum computing to advance research. The other angle is application. We are trying to solve a lot
Aug 4, 2026 · via edtechmagazine.com
IonQ and Sandia National Laboratories Sign MOU to Accelerate Quantum Co-Design for National Security Applications Collaboration at New Mexico’s Quantum Demonstration Facility advances quantum computing and networking capabilities for future government applications COLLEGE PARK, Md. — Aug. 4, 2026 — IonQ (NYSE: IONQ), a leading quantum platform company, today announced it has signed a memorandum of understanding with Sandia National Laboratories, to explore accelerated co-design of quantum information science technologies in support of U.S. national security innovation. “Big breakthroughs often happen when government and industry work together, from the Manhattan Project to the Space Race,” said IonQ Chairman and CEO Niccolo de Masi. “That’s why partnerships like the one between IonQ and Sandia National Laboratories matter so much. They could help shape the future of quantum technology—and play an important role in our economic and national security.” “Sandia National Laboratories is committed to advancing quantum technologies that will underpin the future of national security and economic competitiveness,” said Toby Townsend, Associate Laboratories Director for Deterrence, Science and Energy. “Our partnership with IonQ leverages the strengths of both organizations to accelerate innovation in quantum computing and networking. Together, we aim to translate cutting-edge research into practical solutions that address critical government missions and help maintain U.S. leadership in this transformative field.” IonQ and Sandia intend to explore a range of technical areas tied to quantum system co-design and mission-relevant use cases. The MOU supports broader research and innovation activities related to system optimization, device development, characterization and testing, and the advancement of quantum capabilities aligned with U.S. economic competitiveness and national security priorities. “Sandia fabricated the ion traps that IonQ's earliest quantum computers were built on, so this collaboration has a historic pedigree," said Dr. Rick Muller, SVP and Chief Scientist, IonQ Federal. "What's new is the scope. We're putting our
Aug 4, 2026 · via ionq.com
- Ciena, Toshiba and Quantum Corridor completed a 1.6 Tb/s quantum-safe optical encryption trial on a live commercial network - The test combined NIST-certified post-quantum cryptography (PQC) with quantum key distribution (QKD) to protect data in transit - Existing Ciena customers could adopt PQC protections through software upgrades rather than replacing deployed infrastructure We are in the danger zone on the Q-Day countdown clock — and the Q-Day clock is speeding up. So, it’s no surprise that quantum-safe networking trials are underway at a myriad of vendors trying to get ahead, including Ciena, a stalwart in the high-speed optical networking arena, with its WaveLogic gear. Specifically, the trial focused on how organizations can protect data and included Ciena’s WaveLogic 6 Extreme (WL6e) 1.6 Tb/s quantum-safe encryption capabilities, which support a hybrid security approach using NIST-certified PQC algorithms and seamless interworking with Toshiba’s QKD technology, according to a company announcement today. Ciena has been working with Quantum Corridor for several years, according to Paulina Gomez, director of product marketing for Ciena. Quantum Corridor runs a quantum-ready network that connects Chicago ORD10 at 350 East Cermak to the Digital Crossroad data campus in Hammond, Indiana, with quantum-safe fiber infrastructure spanning the Illinois–Indiana state line between two Tier III data centers. The organization plans to expand into additional regional research areas this year, according to the Quantum Corridor website. “Our relationship with Quantum Corridor has been evolving over a few years. It's not new,” Gomez told Fierce Network, referring to a previous collaboration on quantum networking work involving JPMorgan Chase and Toshiba. The latest trial was conducted on the Quantum Corridor live production network between Chicago and Hammond. It validated 1.6 Tb/s encrypted connectivity using Ciena’s Waveserver platform powered by WL6e while also supporting existing WaveLogic 5 Extreme encrypted traffic on the same
Aug 4, 2026 · via fierce-network.com
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Aug 4, 2026 · via techmonitor.ai
IonQ and EPB launch quantum communications center IonQ and Chattanooga utility and communications provider EPB are establishing the Tennessee Quantum Communications Research Center, a new laboratory designed to test quantum networking technology on a live fiber-optic network. The partners say the facility will become the first dedicated quantum communications R&D center to connect directly to an operational network. For eeNews Europe readers, the project offers a practical look at how quantum memory and networking technologies could move beyond laboratory demonstrations. It also highlights growing investment in the infrastructure needed to connect quantum computers over longer distances. Quantum memory on a live network Based in Chattanooga, Tennessee, the center will be staffed by IonQ scientists and will host what the companies describe as the world’s first commercial quantum memory unit embedded in an operational communications network. Quantum memory is intended to store and process quantum information transmitted through fiber channels. This could make it easier for quantum computers and network nodes to exchange information reliably over long distances, supporting future distributed computing, security and sensing applications. “Interconnecting quantum computers at multiple locations and linking them directly to end users lays the foundation for the full suite of applications of quantum communications,” said IonQ Chairman and CEO Niccolo de Masi. “Quantum Memories that store and process quantum information over fiber channels are essential building blocks for transforming quantum machines into more powerful long-range architectures. Establishing a Quantum Memory R&D capability that sits atop a working fiber optic network will speed the development and deployment of innovative quantum technologies to accelerate commercialization of the Quantum Internet, driving economic growth and job creation within participating communities.” IonQ has committed $15 million to the initiative over five years. EPB will provide the live network test environment and act as the main commercialization partner, helping translate
Aug 4, 2026 · via eenewseurope.com
IQM Quantum Computers Reports First Earnings as Public Company, Reporting First Half and Second Quarter 2026 Results, and Initiates FY 2026 Guidance Supported by Over EUR 102 million Order Backlog Source: GlobeNewswire IQM Quantum Computers Plc, Stock Exchange Release, Half year financial report August 4, 2026 at 08:00 (EEST) ESPOO, FINLAND | August 4, 2026 | IQM Quantum Computers Plc (Nasdaq: IQMX) (“IQM”, “IQM Quantum Computers” or the “Company”), a global leader in full-stack superconducting quantum computers, today announced its financial results for the first half and second quarter of 2026, ended on June 30, 2026. First Half and Year to Date 2026 Financial Highlights - Order backlog of EUR 69.1 million as of June 30, 2026 - EUR 33.0 million added to backlog since June 30, 2026, bringing total order backlog to over EUR 102.1 million as of August 3, 2026 - Total revenues for the six months ended June 30, 2026, were EUR 8.9 million - Operating loss for the six months ended June 30, 2026, was EUR 60.5 million - Cash Balance of EUR 309.4 million as of July 2, 2026, inclusive of listing proceeds - 2026 Financial Outlook: - Full-Year New Order Intake Target: EUR 65 million to EUR 75 million - Full-Year 2026 Revenue Target: EUR 42 million to EUR 47 million First Half and Year to Date 2026 Operational Highlights - Expansion into several new markets, including Japan and Spain, through new customer wins and customer engagements - 17 systems in total delivered globally to customers since founding, with 26 total systems sold - Notably, first US delivery to US Department of Energy's Oak Ridge National Laboratory in Tennessee in June 2026 - Strong new sales momentum with a landmark deal announced with CSC, where IQM was selected to integrate a quantum computer into
Aug 4, 2026 · via markets.ft.com
IQM Quantum Computers Reports First Earnings as Public Company, Reporting First Half and Second Quarter 2026 Results, and Initiates FY 2026 Guidance Supported by Over EUR 102 million Order Backlog Rhea-AI Summary IQM Quantum Computers (Nasdaq: IQMX) reported its first results as a public company for the first half of 2026. Total revenues for the six months ended June 30, 2026 were EUR 8.9 million, with an operating loss of EUR 60.5 million. Order backlog was EUR 69.1 million at June 30, 2026, and increased by EUR 33.0 million to exceed EUR 102.1 million by August 3, 2026. IQM reported a cash balance of EUR 309.4 million as of July 2, 2026, including listing proceeds, which the company said provides runway into the second quarter of 2028. For full-year 2026, IQM targets new order intake of EUR 65–75 million and revenue of EUR 42–47 million. Since founding, 26 full-stack quantum computers have been sold and 17 delivered globally. The company highlighted more than EUR 40 million invested to double cleanroom capacity, new market entries in Japan and Spain, and collaborations with partners including CSC, NVIDIA, HPE and Oak Ridge National Laboratory. Positive - Order backlog >EUR 102.1 million after EUR 33.0 million added post-June 30, 2026 - Cash balance EUR 309.4 million as of July 2, 2026, including listing proceeds - Full-year 2026 revenue guidance of EUR 42–47 million issued - New order intake target of EUR 65–75 million for full-year 2026 - More than EUR 40 million invested to double proprietary fab cleanroom capacity - 26 full-stack quantum computers sold, with 17 delivered to customers globally Negative - Operating loss EUR 60.5 million for the six months ended June 30, 2026 News Explained The release clarifies that the Key Figures Historical Context | Date | Event | Sentiment |
Aug 4, 2026 · via stocktitan.net
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Aug 4, 2026 · via youtube.com
Targeting commercial adoption through integration with Mitsubishi Electric’s quantum technologies TOKYO--(BUSINESS WIRE)--Aug. 3, 2026-- Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its ME Innovation Fund has invested in JIJ Inc., a Japanese startup that uses quantum computers and other technologies to develop middleware for mathematical optimization. The company’s JijZept development platform is highly regarded for helping businesses solve diverse challenges by using mathematical optimization without requiring specialized expertise. Quantum computing is currently transitioning from the research stage to practical application, including the rapid acceleration of technological development for industrial use. Against this backdrop, Mitsubishi Electric has positioned quantum computing as a key priority of its overall R&D strategy by promoting research and development targeting the commercial implementation of quantum technologies. This investment, the ME Innovation Fund’s fifteenth to date, will enable Mitsubishi Electric to integrate JIJ’s middleware-based development environment with its application development and software implementation knowhow, as well as its quantum technologies, including interconnection technology for quantum computers, a key focus at present. Going forward, Mitsubishi Electric aims to establish technological superiority in quantum computing and accelerate R&D to achieve early commercial adoption. Yu Yamashiro, CEO, JIJ Inc., said, “We are honored to have attracted Mitsubishi Electric’s investment through the ME Innovation Fund. At JIJ, we use mathematical optimization and quantum computing technologies to transform complex business challenges into computational forms. By combining our strengths with Mitsubishi Electric’s expertise in quantum-related technologies, we look forward to advancing the application of quantum and optimization technologies in business.” For the full text, please visit: www.MitsubishiElectric.com/news/ View source version on businesswire.com: https://www.businesswire.com/news/home/20260803486763/en/ Customer Inquiries Business Innovation Group Mitsubishi Electric Corporation Tel: +81-3-3218-4885 www.MitsubishiElectric.com/ Media Inquiries Takeyoshi Komatsu Public Relations Division Mitsubishi Electric Corporation Tel: +81-3-3218-2332 [email protected] www.MitsubishiElectric.com/en/pr/ Source: Mitsubishi Electric Corporation
Aug 4, 2026 · via markets.ft.com
IBM says three new quantum advantage experiments could help users trust an answer no ordinary computer can check. Three papers involving IBM and researchers from the University of Chicago, Qedma, Algorithmiq and other organizations describe calculations that reached regimes where leading classical approaches became impractical or produced inconsistent answers. They describe calculations that pushed beyond the practical reach of leading classical methods, along with new ways to check whether the quantum answers can be trusted. The studies also present ways to assess the quantum output in those regimes that can’t be accessed by conventional machines. “Verification remains one of the biggest challenges in firmly establishing experimental quantum advantage,” Bill Fefferman, an Associate Professor at the University of Chicago, said in a news release. Quantum computing is a way to process information using the laws that govern matter at extremely small scales. Ordinary computers use bits recorded as zeros or ones. Quantum devices rely on qubits, which can represent combinations of those states and tackle certain problems differently. Under IBM’s definition, quantum advantage occurs when a quantum processor performs a task beyond what known classical computing methods can achieve alone and the outcome can still be rigorously validated. That standard creates a practical difficulty, according to IBM researchers. If a conventional machine can easily repeat the work, no advantage has been shown. Once the task exceeds classical reach, however, the familiar means of checking it disappears. The University of Chicago and IBM collaboration used a structured alternative to random circuit sampling, a benchmark involving patterns that become increasingly difficult for conventional computers to simulate. The authors encoded a 70-qubit logical computation across 97 physical qubits, the hardware components that carry quantum information. The encoding was designed to detect errors that might otherwise disrupt the operation. IBM and the university said the
Aug 4, 2026 · via ibm.com
IQM Quantum Computers (IQMXW) files F-1 for 8.6M warrant shares and major resale IQM Quantum Computers Oyj, a Finland-based quantum computing company, is registering a mixed primary and resale offering tied to its recent SPAC business combination with Real Asset Acquisition Corp. The registration covers the potential issuance of 8,624,989 ordinary shares, including shares represented by ADSs, upon exercise of listed Public Warrants at $11.50 per share, which could provide up to $99.2 million in gross proceeds if fully exercised for cash. It also registers for resale 12,579,320 ordinary shares, including ADSs, plus 3,905,981 Private Placement Warrants held by selling securityholders; the company will not receive proceeds from these resales. IQM had 189,496,218 shares outstanding as of the prospectus date, or 198,121,207 assuming full Public Warrant exercise. The company is an early-stage "emerging growth company" and "foreign private issuer" focused on superconducting quantum computers delivered on-premises and via cloud access. It reports significant losses (including €54.4 million in 2025 and an accumulated deficit of €232.2 million) and depends heavily on public-sector and HPC customers. IQM highlights numerous risks, including unproven large-scale commercialization of quantum computing, intense global competition, supply-chain and cybersecurity exposure, and ongoing capital needs. Positive - None. Negative - None. Filing Explained The August 3 preliminary filing does not itself permit sales; it records a completed 145.5 million dollar PIPE and leaves warrant issuance conditional. IQM's August 3 Form F-1 is preliminary: the registered securities cannot be sold until the registration statement becomes effective, so this filing creates registration capacity rather than documenting new public sales or warrant exercise. The filing separately records that PIPE investors purchased approximately Public-warrant shares remain issuable only if holders exercise at The next specified milestone is effectiveness of the registration statement: until then, the registered shares and warrants are not permitted to
Aug 4, 2026 · via stocktitan.net
Astronomers from the University of Warwick have uncovered the cosmic digestive system of a black hole, revealing that even when these black holes seem dim, they are not merely endless voids. The study was published in the Monthly Notices of the Royal Astronomical Society. Black holes are frequently depicted as insatiable cosmic entities that devour everything in their vicinity. However, recent observations of a significant black hole eruption, spearheaded by Warwick Postdoctoral Fellow Dr. Noel Castro Segura, indicate that the truth is considerably more complex. Utilizing the European Southern Observatory’s Very Large Telescope (VLT), astronomers have monitored the newly identified black hole system, Swift J1727.8−1613, during a remarkable eruption in 2023. The astronomers discovered that while the black hole was consuming gas from a neighboring star, it was also expelling some of that material back into space in the form of jets and winds. Importantly, these substantial material outflows occur when black holes are exceptionally faint, operating at activity levels far lower than previously thought. This suggests that black holes may behave less like endless voids and more like powerful cosmic digestive systems. People often imagine black holes simply swallowing everything around them. What we're seeing is a much more complex process. Matter falls in, the system processes it, and a surprising amount is expelled again. Dr. Noel Castro Segura, Study Lead Author and Postdoctoral Fellow, University of Warwick The research presents one of the most comprehensive optical records of a black hole outburst to date, enabling scientists to observe the evolution of the system over time instead of depending on a limited number of observations. Instead of capturing a black hole consuming a star in a single image, the data gathered reflects various state changes throughout the event. Swift J1727.8−1613 was identified when it suddenly emerged in 2023 as
Aug 4, 2026 · via azoquantum.com
Key takeaways - Hypersensitivity to the environment has created problems leading to errors in quantum computing. The challenge is to get these machines to perform predictably and without making errors. - A team of physicists, engineers and computer scientists will develop a design for a fault-tolerant quantum computer, not prone to these types of mistakes, based on trapped atomic ions. - If successful, fault tolerance would allow quantum computers to perform long, reliable calculations that are impossible on current devices. A UCLA-led team of physicists, engineers and computer scientists has been selected by the U.S. National Science Foundation for $4 million in funding through the NSF National Quantum Virtual Laboratory, or NQVL, a national initiative designed to accelerate the development of useful quantum technologies and make advanced quantum tools and testbeds available to researchers across the country. The project, FTL: Accelerating Fault-Tolerant Quantum Logic, brings together researchers across UCLA's Division of Physical Sciences and the UCLA Samueli School of Engineering to develop the design for a fault-tolerant quantum computer based on trapped atomic ions. Led by UCLA physics professor Eric Hudson, the team aims to create a blueprint for a machine with 60 logical qubits — error-protected quantum bits — capable of performing digital quantum simulations beyond the reach of classical supercomputers. Qubits are the basic units of quantum computing, analogous to bits in classical computing. But while classical bits can only operate in one of two positions at any given time ("on" or "off"), qubits take advantage of a quantum phenomenon known as "superposition" to operate in different positions simultaneously. But many factors can affect the position of a qubit, and a fundamental challenge of quantum computing is ensuring that qubits behave consistently and perform predictably, without errors. A logical qubit resolves this by encoding several qubits together in
Aug 4, 2026 · via miragenews.com
Why IonQ (IONQ) Stock Is Up Today What Happened? Shares of quantum computing company IonQ IONQ jumped 8.6% in the afternoon session after the company received a bullish 'outperform' rating from Wedbush and announced the completion of its $1.8 billion acquisition of SkyWater Technology. Wedbush initiated its first formal coverage on the quantum computing firm, setting a price target of $75.00, which suggests significant upside from the stock's price of $36.44. Concurrently, IonQ finalized its acquisition of the U.S.-based semiconductor foundry after receiving regulatory clearance from the Federal Trade Commission. The deal aims to create a vertically integrated company, giving IonQ more direct control over its chip manufacturing. This positive news followed a period of strong performance for IonQ, which recently raised its full-year revenue outlook after a strong first quarter. What Is The Market Telling Us IonQ’s shares are extremely volatile and have had 83 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 27 days ago when the stock dropped 7.1% on the news that investor caution grew around the quantum computing sector amid high valuations and the emergence of a new competitor. The decline extended a period of weakening sentiment, as several quantum computing stocks, including IonQ, experienced significant drawdowns in the previous month. Some market commentary pointed to the sector's "extreme price-to-sales multiples," describing these stocks as highly speculative investments. Adding to the pressure, European firm IQM Quantum Computers began trading on the Nasdaq. This public listing provides investors with a new option to gain exposure to the quantum computing space, increasing competition for investment capital. IonQ is down 15.1% since the beginning of the
Aug 3, 2026 · via tradingview.com
Léo Monbroussou of the University of Edinburgh, and colleagues at the École Polytechnique Fédérale de Lausanne (EPFL) in Lausanne, Switzerland, and Sorbonne Université, have investigated passive linear optics as a restricted model of quantum computation. Passive linear optics offers complexity-theoretic evidence of quantum advantage for sampling tasks and possesses low losses, making it attractive for near-term algorithms. This is particularly relevant as building large-scale, fault-tolerant quantum computers remains a significant engineering challenge. Passive linear optics, utilising photons and linear optical elements like beam splitters and phase shifters, presents a potentially viable pathway to demonstrate quantum effects with fewer physical resources. A growing body of work in qubit architectures has revealed a close connection between barren plateaus, regions in the parameter space where gradients vanish, hindering optimisation, and classical simulability. However, whether an analogous tradeoff exists for bosonic systems, such as those employing photons, remains largely unexplored. The team are building on a recently developed representation-theoretic framework to address this gap in understanding, aiming to characterise the limits of classical simulation for these systems. Polynomial scaling of expectation values unlocks improved quantum verification Researchers from University of Edinburgh, Sorbonne University, PSL University, Terra Quantum AG, and Institute of Physics have identified a pathway to potentially exceed the capabilities of existing classical simulation methods for quantum computation. Here, ‘n’ represents the number of modes in the photonic circuit. This improvement is significant because the concentration of expectation values dictates how easily a quantum state can be distinguished from a classical probability distribution; a highly concentrated signal makes verification easier. The ability to move from exponential to polynomial scaling in the signal component represents a substantial reduction in the computational resources required to verify quantum advantage. This advancement is key as it addresses a vital barrier in verifying quantum advantage, where demonstrating a
Aug 3, 2026 · via quantumzeitgeist.com
Payment systems are built on trust. Every transaction, every authentication, every data exchange relies on cryptographic foundations that ensure confidentiality and integrity. The transaction data containing an individual’s credit card number, account number and authentication credentials are protected through multi-layered encryption and signatures that only the intended recipients can decrypt and validate. Yet these encryption algorithms that protect trillions of dollars in daily transactions are approaching obsolescence. Quantum computers capable of breaking today’s encryption algorithms are no longer a distant risk; they’re an approaching reality. We believe that by the early 2030s, a “cryptographically relevant” quantum computer can be used to break current encryption standards. For financial institutions managing payment systems, the question isn’t whether quantum computing will disrupt current security measures, but when. Even more concerning is the fact that cybercriminals are already preparing, harvesting encrypted payment data today with the intent to decrypt it tomorrow. They plan to exploit this data when they’re able to gain access to such powerful quantum computers. To protect payment data from such post-quantum risks, organizations must upgrade the cryptography used during transit through the network and at rest to the latest post-quantum cryptography standards. Current payment encryption standards weren’t designed for a quantum future. The mathematical problems that make RSA and ECC secure today will be trivially solvable by quantum computers sometime in the next few years. Unlike typical cybersecurity threats that target immediate vulnerabilities, the post-quantum risk is unique. Adversaries can steal encrypted data along with the public keys now and simply wait to gain access to “cryptographically relevant” quantum computers before decrypting it. The responsibility for protecting customers’ financial data, authentication credentials and other personal data, such as a mobile number and a social security number, lies with multiple entities of the payment ecosystem. These institutions include: · Market infrastructures:
Aug 3, 2026 · via ibm.com
News The latest chemistry news, including important research advances, business and policy trends, chemical safety practices, career guidance, and more. Read More Key Insights - IBM and collaborators say their quantum computers outperform all known classical algorithms for three distinct tasks, but proving quantum advantage in an absolute sense is difficult. - All three demonstrations simulate theoretical systems rather than real materials, making verification difficult. - Despite limitations, experts agree that the demonstrations represent meaningful progress in building trust in quantum computing, even as commercial utility remains years away. Quantum computing researchers at IBM have announced three demonstrations that they say mark quantum advantage—evidence that quantum computers can outperform classical machines in certain tasks. The world around us is quantum in nature. This makes quantum computers especially promising for modeling it. While a classical computer can approximate how a material would behave or how a certain compound would react with another, experts say that a quantum computer should be able to pinpoint it exactly. For example, classical computational chemistry methods like density functional theory (DFT) must translate complex quantum behavior into equations that classical hardware can understand. As systems grow more complex, this translation becomes harder, forcing trade-offs in accuracy, speed, or cost. Quantum advantage promises a way to model these processes without compromise. "Chemistry is one of the most important long-term applications of quantum computing." Quantum computers are expected not only to more accurately model systems than classical computers but also to simulate systems that are beyond the reach of classical computing. “The best examples are simulating quantum materials and breaking certain cryptographic systems,” says Dominik Hangleiter, a computer scientist at the Swiss Federal Institute of Technology (ETH), Zurich, who was not involved in the new IBM demonstrations. Yet for all their promise, today’s quantum computers remain noisy, are
Aug 3, 2026 · via cen.acs.org
Quantum computing stocks are ripping higher at midday Monday, powered by two real deal catalysts and a firm broader tape. D-Wave Quantum (NYSE:QBTS) shares lead the group, up 11% to $20.08 on a new Nasdaq Verafin collaboration, while IonQ (NYSE:IONQ | IONQ Price Prediction) stock jumped 9% to $39.62 after closing its SkyWater Technology buyout. The broader tape is helping. The NASDAQ 100 is up 1.52% as investors digest easing Middle East tension after President Trump called off strikes on Iran. That risk-on backdrop is amplifying the sector’s deal-driven bid. D-Wave Leads on Nasdaq Verafin Deal D-Wave and Nasdaq Verafin, the exchange operator’s financial-crime-technology unit, announced an agreement to develop quantum-hybrid applications targeting fraud, scams and money laundering using D-Wave’s annealing quantum technology. The engagement begins as a proof-of-concept with the potential to expand to pilot applications, so this is early-stage collaboration rather than a signed revenue contract. D-Wave Quantum CEO Alan Baratz called it an opportunity to explore quantum computing’s potential for the financial sector. D-Wave stock had been under pressure heading in, down 31% year to date (YTD) through Friday’s close, so today’s 11% intraday pop is a meaningful rebound for holders. IonQ Closes SkyWater Acquisition IonQ closed its approximately $1.8 billion acquisition of SkyWater Technology after U.S. Federal Trade Commission clearance. Under the terms, SkyWater shareholders receive $15 in cash plus 0.4883 IonQ shares per share, and SkyWater becomes a subsidiary with CEO Thomas Sonderman reporting to IonQ CEO Niccolo de Masi. The pitch is vertical integration. IonQ is framing the deal as building a vertically integrated U.S. quantum supply chain and accelerating fault-tolerant quantum development. IonQ stock carries a trailing 12-months (TTM) P/E ratio of 101.45x, so the multiple leaves little room for execution slippage even as retail enthusiasm runs hot on r/wallstreetbets, where sentiment scores
Aug 3, 2026 · via 247wallst.com