Phasecraft Announces £13 Million Series A Funding Round to Reach Practical Quantum Advantage thequantuminsider.com/?p=23579 Insider Brief Phasecraft announced the closing of a £13 million Series A funding. Playground Global led the round, joined by Albion VC and existing investors Episode1, Parkwalk Advisors, LCIF, and UCL Technology Fund. The company plans to use the funds to conti

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Last updated 2 years ago

Quantum Security: Reinventing Data Protection in 2023 thequantuminsider.com/?p=23563 Security protocols and systems developed to protect from future quantum computers are part of a market called quantum security. With algorithms like Shor’s algorithm, quantum computers could compromise traditional cryptographic methods, which rely on mathematical problems that are

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Last updated 2 years ago

IESE Students Using Multiverse Computing Software to Explore Possibilities of Quantum Algorithms thequantuminsider.com/?p=23511 Insider Brief IESE Business School Master in Management (MiM) students use software to demonstrate how quantum algorithms can solve problems more efficiently than classical algori

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Last updated 2 years ago

Timely Research: Quantum Computers Could Help Reduce Cascading Financial Crashes thequantuminsider.com/?p=23510 Insider Brief Researchers report that quantum computers may play a role in developing effective strategies to mitigate systemic risk. The team developed a two-stage optimization algorithm: partitioning the fina

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Last updated 2 years ago

PsiQuantum Reports 50X Improvement in Operations for Some Quantum Algorithms thequantuminsider.com/?p=16059 'Brien Insider Brief PsiQuantum announced a new technique that could lead to more fault-tolerant quantum computations. The company reports the technique led to a 50X improvement in the run-time efficiency of compiled applications. This technique parti

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Last updated 3 years ago