Peter Sarlin’s QuTwo reaches $380M valuation in angel round
QuTwo, the Finnish AI lab founded by former AMD Silo AI CEO Peter Sarlin, is now valued at €325 million (approximately $380 million) after raising a €25 million angel round…
Meet the companies racing to build quantum chips
Quantum computing has long been announced as “just around the corner,” but several companies are now determined to make this a commercial reality, with the promise of solving complex problems…
SXSW 2025: What we’re paying attention to
TechCrunch will be on the ground at SXSW 2025 — the annual tech, music, comedy, and film conference that kicked off Friday in Austin — in search of the zeitgeist…
Dutch startup QuantWare seeks to fast-track quantum computing
Big tech companies aren’t sleeping on quantum chips: Amazon Web Services introduced Ocelot; Microsoft, Majorana; and Google, Willow. But although all of these can be considered to be breakthroughs, quantum…
Amazon debuts Ocelot, its first quantum computing chip
Amazon Web Services (AWS) has introduced Ocelot, its first quantum computing chip. The news brings it into line with its big cloud rivals Microsoft and Google, which have also unveiled…
Google leads $230M convertible note for Boston quantum computing startup QuEra
Quantum computing, long relegated to the realm of theoretical, feels like it is back on the agenda as a potentially viable alternative to the expensive race for more powerful compute.…
Alice&Bob raises $104M, says quantum computers based on cat qubits will be ready by 2030
Quantum computing remains something of a holy grail in the world of technology: it promises a huge leap in computing power, but only if someone can figure out how to…
With $30 million in new funding, SEEQC thinks chips are key to building useful quantum computing
Nvidia CEO Jensen Huang may have said that “very useful quantum computers” are probably still 20 years away, but his company is also hedging its bets beyond classical chips with…
IBM makes developing for quantum computers easier with the Qiskit Functions Catalog
IBM today launched the Qiskit Functions Catalog, a new set of services that aims to make programming quantum computers easier by abstracting away many of the complexities of working with…
UK’s Riverlane scores $75M to correct quantum errors
Quantum computing may still largely be in the theoretical domain, but the money that it’s attracting is very real. Riverlane, a specialist in quantum error correction technology, has raised $75…