D-Wave Quantum (QBTS 6.99%), one of several companies exploring the commercialization of quantum computing, reported its first-quarter earnings results this morning, May 12. The company's net loss of nearly $18.5 million came in smaller than expected, while revenue of nearly $2.9 million missed Wall Street consensus estimates. Quantum computing stocks like D-Wave have absolutely exploded since late 2024. While D-Wave's stock is down nearly 23% this year, including a nearly 10% loss today, as of 12:05 p.m. ET, it's up over 20-fold since October 2024. Traditional computers are built on the foundation of bits, the smallest unit of digital information. Quantum computers are built with qubits, which have parallel-processing capabilities and can therefore process much more data and compute much more complex calculations. Quantum computers are quite complex to build, but the market seems to think there is strong evidence that commercialization might be possible. Is D-Wave Quantum a buy following its recent earnings report? Definite signs of progress D-Wave is one of the only companies pursuing both annealing quantum computing and more traditional gate-based quantum computing. Quantum annealing can typically leverage more qubits, but it is best suited for optimization problems with multiple solutions. Gate-based quantum computing is believed to solve a much wider set of problems, but the systems have been trickier to build and often have higher error rates than annealing systems. In the quarter, D-Wave reported closed bookings of $33.4 million, an increase of nearly 2,000% year over year. The bookings included the sale of a $20 million quantum system to Florida Atlantic University, as well as a 2-year, $10 million quantum computing services agreement with a Fortune 100 company. NYSE: QBTS Key Data Points D-Wave also acquired a company in the quarter called Quantum Circuits, which builds error-corrected superconducting gate-based systems. Furthermore, D-Wave laid out
May 12, 2026 · via fool.com
IonQ, World’s Leading Quantum Platform Company, Opens New Quantum Computing R&D Lab in Boulder Support from Governor Polis and Access to Boulder’s Deep Tech Workforce Instrumental in Choice to Bring Advanced Quantum Research to Colorado Boulder, CO May 12, 2026 – IonQ (NYSE: IONQ) today announced a new laboratory suite in Boulder, Colorado that will house state-of-the-art Quantum Computing R&D and semiconductor chip testing facilities that will be used to develop and refine technologies central to future generations of its leading quantum computing systems. Presiding over the festivities were company leaders Niccolo de Masi, Chairman and CEO; Dr. Chris Ballance, President of Quantum Computing; Colorado Governor Jared Polis; and Boulder Mayor Aaron Brockett. Other prominent figures from the Boulder deep tech and business communities also attended, welcoming this latest addition to the extensive roster of IonQ teams that are already proud contributors to the thriving Colorado tech economy. Senior executives from the Louisville-based IonQ Space Missions and Broomfield-based IonQ Optical Communications product families also joined their IonQ Quantum Computing colleagues for the occasion. ”Quantum is Now!” said company Chairman and CEO Niccolo de Masi in advance of the official ribbon-cutting ceremony. “IonQ is delivering, today, on the promise of using our advanced quantum technologies to solve the world’s most complex problems, aiding communities and businesses in everything from improving lives with faster pharmaceutical development, to enhancing reliability of infrastructure and optimizing manufacturing processes. IonQ is proud to partner with Governor Polis, the Colorado Office of Economic Development & International Trade, and the city of Boulder to continue to drive Colorado’s reputation as a leader in quantum innovation. We’re deeply appreciative of the support Colorado has demonstrated in helping bring our new R&D labs here, and excited to tap into its highly skilled workforce as we continue to grow.” “Colorado is
May 12, 2026 · via ionq.com
New swap-gate breakthrough puts superpowerful quantum computing within reach The researchers achieved 99.1 percent precision for their swap gates featuring 17,000 qubit pairs. Researchers at ETH Zurich have taken us a step closer to quantum supercomputers after achieving a major breakthrough with neutral-atom qubits, making them more stable during operation than ever before. To do so, the research team also had to develop a new type of quantum operation, which advances quantum computing. Quantum computers are considered the next frontier of computing, allowing computations at speeds that can’t be achieved by conventional silicon-based computers. Central to this capability of quantum computers are quantum bits or qubits that can exist in states of 0, 1 or a combination of both, known as a superposition. Quantum computers also use computing gates that allow qubits to be shuffled between these states and to run computations in parallel. One such gate critical to quantum operation is the swap gate, which allows two qubits to exchange their quantum states. What makes gates unreliable? To operate, swap gates rely on the tunnel effect, where particles can slip through obstacles in ways classical physics cannot comprehend, while quantum computers also use highly excited electronic states of atoms. All this depends on the strength and tunability of lasers, which suspend the atoms that make up qubits. Any fluctuations in the timing or strength of the lasers introduce errors into the system, making these gates unreliable. While errors with conventional bits are often seen as one in a trillion, they are more common with qubits, where the rate is one in a thousand. To overcome this, researchers at ETH Zurich used a subtler effect called the geometric phase, which exploits the path taken by atoms through an artificial ‘crystal of light’ built from intersecting laser beams. “Laser light is
May 12, 2026 · via interestingengineering.com
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May 12, 2026 · via youtube.com
ESPOO, Finland--(BUSINESS WIRE)--May 12, 2026-- IQM Quantum Computers today launched HPC Integration Service, a turnkey solution that enables its IQM Radiance quantum computers to operate as a slurm node inside high-performance computing (HPC) environment. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260512187465/en/ IQM Radiance quantum computer (right) co-located with classical HPC infrastructure (left) in a data center environment. Using this widely adopted HPC workflow, IQM aims at accelerating adoption of hybrid quantum-classical computing across enterprises and research institutions. Slurm is the open-source workload manager used by most of the world’s leading supercomputing centers for its scalability and flexibility. The integration service makes quantum a scheduled resource alongside central processing units (CPUs) and graphics processing units (GPUs), removing the integration work that has slowed adoption. In addition, the service is built on IQM´s Quantum Device Management Interface (QDMI), an open-source standardization layer that simplifies the vendor-specific software interfaces that have fragmented quantum integration to date. The new HPC Integration Service has been demonstrated in a paper on arXiv co-authored with researchers at the Munich Quantum Software Company (MQSC) and is already running in production at the Leibniz Supercomputing Centre (LRZ) in Germany, where IQM has installed four quantum computers. “We have been hearing about an integration bottleneck from HPC customers for years,” said Jan Goetz, CEO and Co-founder of IQM Quantum Computers. “HPC integration is important work and by removing the complexity, end-users can focus on running quantum workloads instead on spending time on programming new routines. This is what production quantum means to us. Quantum you own, operate, and build value on. Real infrastructure inside real environments, doing real work.” Quantum computers have been deployed at customer sites for several years, but once installed, most of them have operated next to the HPC software stack rather than
May 12, 2026 · via rutlandherald.com
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May 12, 2026 · via thefacts.com
IQM Launches HPC Integration Service to Accelerate Hybrid Quantum-HPC Adoption Published Tuesday, May 12, 2026 | midnight Updated 1 hour, 21 minutes ago ESPOO, Finland--(BUSINESS WIRE)--May 12, 2026-- IQM Quantum Computers today launched HPC Integration Service, a turnkey solution that enables its IQM Radiance quantum computers to operate as a slurm node inside high-performance computing (HPC) environment. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260512187465/en/ IQM Radiance quantum computer (right) co-located with classical HPC infrastructure (left) in a data center environment. Using this widely adopted HPC workflow, IQM aims at accelerating adoption of hybrid quantum-classical computing across enterprises and research institutions. Slurm is the open-source workload manager used by most of the world’s leading supercomputing centers for its scalability and flexibility. The integration service makes quantum a scheduled resource alongside central processing units (CPUs) and graphics processing units (GPUs), removing the integration work that has slowed adoption. In addition, the service is built on IQM´s Quantum Device Management Interface (QDMI), an open-source standardization layer that simplifies the vendor-specific software interfaces that have fragmented quantum integration to date. The new HPC Integration Service has been demonstrated in a paper on arXiv co-authored with researchers at the Munich Quantum Software Company (MQSC) and is already running in production at the Leibniz Supercomputing Centre (LRZ) in Germany, where IQM has installed four quantum computers. “We have been hearing about an integration bottleneck from HPC customers for years,” said Jan Goetz, CEO and Co-founder of IQM Quantum Computers . “HPC integration is important work and by removing the complexity, end-users can focus on running quantum workloads instead on spending time on programming new routines. This is what production quantum means to us. Quantum you own, operate, and build value on. Real infrastructure inside real environments, doing real work.” Quantum computers have
May 12, 2026 · via lasvegassun.com
Europe is about to get what is billed as its most powerful quantum computer. Later this year, Denmark expects to bring Magne online, built by Microsoft and Atom Computing and backed by €80m from the Novo Nordisk Foundation and EIFO. It is a milestone, and it should be welcomed. But the harder question is not whether Europe can build one impressive machine, it’s what happens as quantum computing becomes commercially useful and we need not one, but many. Atom Computing’s platform is based on neutral atoms, and that matters because the next phase of this industry will be decided by energy, space and deployability. While neutral atoms avoid the large-scale dilution refrigeration that superconducting systems require, which is certainly an architectural advantage, they still depend on a substantial stack of vacuum hardware, lasers, optical tweezers, detectors and control electronics. So even when the qubits themselves are elegant, their footprint remains a substantial piece of infrastructure, limiting their scalability. As quantum computing becomes commercially useful, industry will want quantum computing capacity wherever it can solve real problems: in drug discovery, advanced materials, batteries, logistics, power grids, aerospace and manufacturing. We talk a lot about millions of qubits being the threshold to utility. We should also be thinking now about what happens when the market wants millions of quantum computers. Size, weight, power and unit economics will matter as much in quantum computing as they do in AI. BloombergNEF, a research provider, forecasts US data centre power demand reaching 106 gigawatts by 2035, a 36% upward revision from an outlook published just seven months earlier. Most people assume quantum computing is decades away from compounding this problem. It is not. And if it arrives on the trajectory the most heavily funded approaches are currently on, the energy demands from AI will look
May 12, 2026 · via sifted.eu
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May 12, 2026 · via youtube.com
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May 12, 2026 · via youtube.com
JUPITER supercomputer breaks world record with 50-qubit quantum simulation - Date: - May 11, 2026 - Source: - Forschungszentrum Jülich - Summary: - Scientists in Germany have pulled off a staggering computing feat by fully simulating a 50-qubit quantum computer for the first time ever using Europeâs new exascale supercomputer, JUPITER. The breakthrough shatters the previous 48-qubit record and highlights just how powerful next-generation supercomputers have become. - Share: Researchers at the Jülich Supercomputing Centre and NVIDIA have achieved a major milestone in quantum computing by fully simulating a universal quantum computer with 50 qubits for the first time. The accomplishment was made possible using JUPITER, Europe's first exascale supercomputer, which was officially launched at Forschungszentrum Jülich last September. The achievement surpasses the previous record of 48 qubits, which was also set by Jülich scientists in 2019 using Japan's K computer. Beyond setting a new benchmark, the breakthrough highlights the enormous capabilities of JUPITER and could accelerate the development of future quantum algorithms and technologies. Why Quantum Simulations Matter Simulations of quantum computers play a critical role in advancing quantum research. Scientists use them to test algorithms, validate experimental findings, and explore how future quantum systems may behave before real hardware becomes powerful enough to handle such tasks. Some of the algorithms researchers are interested in include the Variational Quantum Eigensolver (VQE), which can help study molecules and materials, and the Quantum Approximate Optimisation Algorithm (QAOA), designed for solving optimization problems in areas such as logistics, finance, and artificial intelligence. The Enormous Challenge of Simulating Quantum Systems Recreating a quantum computer on a traditional supercomputer is extremely demanding because the complexity grows exponentially with every added qubit. Each new qubit doubles both the memory and computing power required for the simulation. A standard laptop can manage simulations involving roughly 30
May 12, 2026 · via sciencedaily.com
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May 12, 2026 · via youtube.com
Quantum computing has stepped out of "science fiction movies". Boson Quantum has delivered over a hundred real-world application cases in fields such as oncology and brain-computer interfaces. Text by | Hu Xiangyun Edited by | Hai Ruojing In the science - fiction movie "The Wandering Earth 2", the intelligent quantum computer "MOSS" with exponential computing power can not only coordinate the world's computing resources to support the synchronous operation of 10,000 "planetary engines", but also meet the massive and almost bottomless computing needs of the "Digital Life Project", arousing the public's infinite imagination about quantum computers. This once amazing science - fiction setting has now gradually moved from the laboratory to commercial implementation. According to the "15th Five - Year Plan Outline", quantum technology has been listed as one of the six future industries. The market is also very enthusiastic. According to IT Juzi data, by April this year, there were more than 90 enterprises in the domestic quantum computing track, and the total valuation of the top 10 enterprises was approaching 50 billion yuan. Among them, market - oriented teams with top overseas academic backgrounds and mature industrial experiences are more favored in this round of capital competition, and their valuation levels are relatively higher than those of similar enterprises. Bose Quantum, founded in 2020, is one of them. Although Bose Quantum is not attached to any scientific research institute, it has received 11 rounds of financing, with a cumulative amount of 1.84 billion yuan. The 1 - billion - yuan Series B financing completed in March this year directly set a record for single - round financing in the domestic quantum computing field. In terms of team composition, Dr. Wen Kai, the founder and CEO, graduated from Stanford University and studied under the authoritative scholar in the field
May 12, 2026 · via eu.36kr.com
SpaceX is one of the most anticipated potential initial public offerings (IPOs) on Wall Street. Recent reports suggest SpaceX could seek a valuation of as much as $1.75 trillion, driven largely by the rapid growth of its Starlink satellite internet business and reusable rocket systems. However, the quantum computing industry is also producing new public companies, giving investors new ways to gain exposure to the long-term potential of this emerging technology. 1. Infleqtion Infleqtion (INFQ +5.94%) became a public company in February 2026 through a special purpose acquisition company (SPAC) merger with Churchill Capital Corp X. The company raised more than $550 million in new funding to strengthen its balance sheet and support future growth across quantum computing. NYSE: INFQ Key Data Points Infleqtion is focused on neutral-atom quantum computing technology, which avoids the use of massive ultra-cold cooling systems used by some competing quantum computing approaches. The company also develops quantum technologies across sensing, networking, atomic clocks, and navigation systems, which gives it exposure to multiple potential quantum markets beyond just quantum computing. The company is already generating revenue largely from government and defense clients. The company reported revenue of $32.5 million in fiscal 2025 and expects revenue of around $40 million in fiscal 2026. Infleqtion recently delivered the United Kingdom's first operational 100-qubit neutral-atom quantum system to the National Quantum Computing Centre. The company aims to build quantum computing systems with more than 30 logical qubits (more stable units of quantum information than physical qubits) by 2026 and more than 100 logical qubits by 2028. Infleqtion has also built relationships across U.S. government programs, including projects tied to Defense Advanced Research Projects Agency (DARPA), NASA, and the U.S. Navy. Furthermore, it is working with Nvidia to integrate its quantum computing systems into AI-powered supercomputing environments to support hybrid
May 12, 2026 · via fool.com
Manuel John and colleagues at the Institute for Quantum Optics and Quantum Information, in collaboration with University of Innsbruck and Academy of Sciences, have performed the first quantum simulation of non-abelian string-breaking dynamics using a trapped-ion quantum computer. The simulation addresses a key challenge for classical computation by showing how gauge-field self-interactions can drive string breaking, even without dynamical matter. It also locally resolves string oscillations and coherent breaking via gluonic excitations. The team’s hardware-efficient, problem-tailored qudit simulations offer a promising pathway towards understanding non-perturbative dynamics vital to high-energy physics. Quantum simulation reveals dynamics of non-abelian string breaking at unprecedented timescales A six-fold increase in the simulation timescale of non-abelian string-breaking dynamics has been achieved, extending simulations to approximately 260 femtoseconds. This breakthrough surpasses the capabilities of classical computation for modelling these complex interactions, which are important to understanding the strong force governing quarks and gluons. Dr. Christina Moschi and Dr. Roger Melko conducted the experiment, representing the first successful quantum simulation of genuine SU(2) lattice gauge theory, a sharp step beyond prior work restricted to simpler, Abelian systems. The significance of this lies in the fact that the strong force, one of the four fundamental forces of nature, is described by quantum chromodynamics (QCD), a non-abelian gauge theory. Classical simulations of QCD are hampered by the exponential growth of computational resources required as the strength of the interaction increases, a phenomenon known as the ‘sign problem’. Quantum simulation offers a potential solution by leveraging the principles of quantum mechanics to represent and evolve the system more efficiently. Encoding gauge fields using qudits, quantum units with more than two states, and a tailored truncation scheme provided new insights into the behaviour of fundamental particles, specifically locally resolved string oscillations and coherent string breaking driven by gluonic excitations. This advancement builds
May 11, 2026 · via quantumzeitgeist.com
The digital economy has led to a U.S. trade surplus in services on the order of around 1% of gross domestic product. Yet recent advances in artificial intelligence have exposed new vulnerabilities that place every cyber system at risk of disruption. Cryptography has been crucial to protecting cyber systems. Using hashing or encryption, passwords can be protected, which has historically kept cyber systems safe from intruders. More recently, quantum computing has been viewed as a threat to shatter cyber system security, given its ability to unlock such systems in a reasonable amount of computing time. This has pushed the discovery of quantum-ready cryptography — cryptography that even quantum computers cannot break. This traditional model for protecting cyber systems is akin to installing an impenetrable lock on a house door to keep criminals from entering. AI systems that now exist effectively allow such people to enter the house through other means, without touching the house door that had become the focal point of protection. Enter Claude Mythos, a set of large language models created by Anthropic that can uncover cyber system security weak spots and even provide recommendations for fixes. Such vulnerabilities can let password protections be circumvented, or structural components of software code be identified that allows bad actors to sidestep cybersecurity protections, accessing data and other proprietary information. To date, Anthropic has not shared Claude Mythos publicly, but rather with large digital companies like Microsoft, Apple and Amazon, whose business models rely on robust cybersecurity. This was very responsible of Anthropic, but it does not change the underlying reality: The mere fact that AI systems have been created to penetrate cyber systems and circumvent security protections means that such systems will eventually be created by less honorable people and entities and used for nefarious purposes. This is why cyber
May 11, 2026 · via timesfreepress.com
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May 11, 2026 · via youtube.com
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May 11, 2026 · via youtube.com
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May 11, 2026 · via youtube.com
- Honeywell-backed Quantinuum files S-1 for Nasdaq IPO under ticker QNT, targeting a valuation above $20 billion - Full-year 2025 revenue and net losses grew 34% — to $30.9 million and $192.6 million respectively - The entire valuation rests on Apollo, a fault-tolerant quantum computer not due until 2029 Quantum computing company Quantinuum has filed for a US IPO as competition intensifies across the sector. Backed by Honeywell International, the company could reportedly achieve a valuation between $15 billion and $20 billion when it lists on Nasdaq under the ticker QNT, reports Bloomberg. J.P. Morgan and Morgan Stanley are joint lead book-running managers, with Jefferies and Evercore ISI also on the deal. No price range has been set. The listing is anticipated for mid-2026. Quantinuum, a full-stack quantum computing company, was formed in 2021 through the merger of Honeywell Quantum Solutions and Cambridge Quantum. The company is led by CEO Rajeeb Hazra and was founded by Ilyas Khan, who created Cambridge Quantum in 2014. It is headquartered in Broomfield, Colorado, with major operations in Cambridge, UK. The company develops quantum computers for applications in chemistry, cybersecurity, finance, machine learning, and drug discovery. Customers and collaborators include Amgen and Mitsui & Co.. Quantinuum combines quantum hardware with software and cybersecurity tools, targeting enterprise customers seeking large-scale computing systems. Quantinuum has also raised major funding rounds. In 2024, it secured $300 million at a $5 billion valuation in a round led by JPMorgan Chase. In 2025, it raised another $600 million, doubling its valuation to $10 billion. Investors included Nvidia’s NVentures, Quanta Computer, Honeywell, Mitsui, QED Investors and Amgen. Despite investor interest, the company remains loss-making. Quantinuum reported a net loss of $136.6 million on revenue of $5.2 million for the quarter ended March 31, compared with a loss of $30.5 million
May 11, 2026 · via techfundingnews.com