Latest news with #Pasqal
Indian Express
29-04-2025
- Business
- Indian Express
As quantum computing race heats up, 5 startups to watch beyond Big Tech
Beyond the AI boom, the race to build a practical quantum computer is starting to heat up among big tech companies and Silicon Valley investors. Microsoft President Brad Smith called on the Trump administration to prioritise funding quantum research or risk falling behind China in the development of such technology. 'While most believe that the United States still holds the lead position, we cannot afford to rule out the possibility of a strategic surprise or that China may already be at parity with the United States. Simply put, the United States cannot afford to fall behind, or worse, lose the race entirely,' Smith wrote in a blog post published on Monday, April 28. Tech giants such as Google, IBM, Microsoft, and Amazon have all been working towards building a quantum computer capable of solving complex problems that are beyond the reach of classical computers. However, several startups and smaller tech companies are also rising to the challenge. Quantum computing systems have long been considered as the key that can unlock major discoveries like sustainable materials for better batteries or new drug therapy treatments. But there are several technical hurdles that need to be addressed along the way such as developing chips that can host large numbers of quantum bits or qubits in a stable state without requiring much error correction. Here is a look at some of the startups driving innovation in quantum chip development across the world. PsiQuantum: Founded by Australian academics, the startup aims to build a one-million qubit machine using photonics technology. Earlier this year, PsiQuantum announced that it has developed a new quantum photonic chipset called Omega that has been manufactured by GlobalFoundries in New York. Atom Computing: The US-based startup is looking to build a practical quantum computer powered by arrays of optically trapped neutral atoms. It has partnered with Microsoft to launch a commercial quantum computer in 2025. IQM: The Finland-based company is developing superconducting quantum computers. It has received funding from the Business Finland government agency and the EIC Accelerator program. Pasqal: The French startup is betting on neural atoms in its full-stack approach to quantum computing. Alain Aspect, one of the co-founders of the startup, won the Nobel Prize in Physics in 2022. Pasqal's investors include Singapore's Temasek, Quantonation, the Defense Innovation Fund, Daphni, and Eni Next, as well as new investors European Innovation Council (EIC) Fund, Wa'ed Ventures, and Bpifrance. Rigetti Computing: The quantum computing player is focused on superconducting technology. It has developed a range of products including Ankaa-3 and the upcoming 336-qubit Lyra system. The listed company was founded in 2013 and has signed a strategic partnership with Taiwan-based Quanta Computer to quicken the pace of development of superconducting quantum computing. In India, eight startups were chosen to receive government support under the National Quantum Mission (NQM) and the National Mission on Interdisciplinary Cyber-Physical Systems (NMICPS). These players include Bengaluru -based QNu Labs, QPiAI, Quan2D Technologies, IIT Bombay's Dimira Technologies, IIT Delhi -incubated Prenishq, QuPrayog from Pune, Quanastra from Delhi, and Ahmedabad 's Pristine Diamond.
Yahoo
21-03-2025
- Business
- Yahoo
Pasqal Integrates With NVIDIA's CUDA-Q to Expand Access to Hybrid Quantum Computing
Pasqal said Thursday it has integrated its neutral-atom quantum computing systems with CUDA-Q, an open-source platform developed by NVIDIA (NVDA, Financials), to accelerate the development of hybrid quantum-classical computing. Warning! GuruFocus has detected 3 Warning Signs with NVDA. According to Pasqal, the move lets users mix central processing units, graphics processing units, and quantum computing units within a single programming environment. CUDA-Q gives developers instruments to design hybrid quantum applications for high-performance computing to Pasqal, the cooperation increases the capabilities of its cloud platform and provides customers with access to new processes on its QPUs. This integration is meant to let the larger scientific and technical community create more effective quantum news coincides with Pasqal's involvement in the NVIDIA Inception program for entrepreneurs. Pasqal will mix CUDA-Q with Pulser, an open-source programming tool of their own. With granular control over programmable QPU settings, the library is meant to help developers construct experiments for particular neutral-atom business claims that CUDA-Q enhances Pulser by including Python and C++ interfaces, therefore simplifying the modeling of quantum applications and extending them across many computer platforms and so complementing to Pasqal Chief Executive Officer Loic Henriet, the integration with NVIDIA will provide the artificial intelligence and high-performance computing communities a more easily available interface for creating quantum research in the sector depends on CUDA-Q allowing integration between artificial intelligence supercomputers and quantum systems like Pasqal's, according to NVIDIA Senior Director Tim Costa. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
21-03-2025
- Business
- Yahoo
French quantum computer firm Pasqal links up with NVIDIA
PARIS (Reuters) - Pasqal, a fast-growing French quantum computer start-up company, announced on Friday a partnership with chip giant Nvidia whereby Pasqal's customers would gain access to more tools to develop quantum applications. Pasqal said it would connect its quantum computing units and cloud platform onto NVIDIA's open-source platform called CUDA-Q. "Our collaboration with NVIDIA will enable us to offer a much-requested interface and programming model for high performance computing and wider quantum community and ultimately accelerate the development of quantum applications," said Pasqal CEO Loic Henriet. Pasqal, which was founded in 2019, says it has secured more than 140 million euros ($151.8 million) in financing to date. ($1 = 0.9223 euros) Sign in to access your portfolio
Reuters
21-03-2025
- Business
- Reuters
French quantum computer firm Pasqal links up with NVIDIA
PARIS, March 21 (Reuters) - Pasqal, a fast-growing French quantum computer start-up company, announced on Friday a partnership with chip giant Nvidia (NVDA.O), opens new tab whereby Pasqal's customers would gain access to more tools to develop quantum applications. Pasqal said it would connect its quantum computing units and cloud platform onto NVIDIA's open-source platform called CUDA-Q. "Our collaboration with NVIDIA will enable us to offer a much-requested interface and programming model for high performance computing and wider quantum community and ultimately accelerate the development of quantum applications," said Pasqal CEO Loic Henriet. Pasqal, which was founded in 2019, says it has secured more than 140 million euros ($151.8 million) in financing to date. ($1 = 0.9223 euros)
Arab News
11-02-2025
- Business
- Arab News
Industry leaders optimistic about quantum computing breakthroughs in Saudi Arabia
RIYADH: As industries across the Kingdom strive to leverage the power of artificial intelligence, the development of quantum computing is expected to drive technological breakthroughs with the ability to shape industries, industry experts predicted on Tuesday. Quantum computers uses qubits, a basic unit of information, to run multidimensional algorithms, rather than the binary 1s and 0s in traditional computing. This means the machines are more powerful and capable of solving complex problems much faster than traditional computers. Speaking at the LEAP technology conference in Riyadh during a panel discussion titled 'Quantum Leap: The Intersection of Quantum Computing and AI,' Daniela Herrmann, the co-founder of quantum computing platform Dynex, highlighted Saudi Arabia's progressive efforts in the development of artificial intelligence and painted a positive picture of the country's future role in the development of quantum computing. 'There is an amazing initiative already in AI, on ethics, and I think the Kingdom could play an enormous role in expanding that … also into quantum (computing),' she said. 'The Kingdom, as it is, is very foresighted and extremely progressive. I do promise myself that the Kingdom would be a fast driver of supporting the movement towards mainstream (quantum computing).' The use of quantum computing could be particularly beneficial in the health and automotive industries, Herrmann added. The breakthrough technology is not a new concept for the Kingdom. Last year, for example, Aramco signed an agreement with tech company Pasqal to deploy the country's first quantum computer. In 2021, King Abdullah University of Science and Technology announced a collaboration with Zapata Computing in the US. During the panel discussion, Bob Sutor, the CEO of Sutor Group Intelligence and Advisory, stressed the difficulty level of quantum computing development, and cautioned that the future of the technology remains uncertain. 'Quantum computing, on one hand, the science, the engineering, is very, very hard, but it's also very, very hard to understand the relative quality of them and how quickly they will develop … so the fact is, we don't quite know when we will have real quantum computers, right, at scale,' he said. Nevertheless, Sutor said he is hopeful that AI will help 'drive the development of the hardware' and added: 'I think as we open up the world and we think of quantum networking, quantum communications beyond this, this is where the quantum and AI thing is really going to shock you.' Reflecting on the present state of quantum computing and what comes next, Hermann said: 'It is a fascinating time we are entering into.' LEAP began on Sunday and concludes on Wednesday. The annual event in Riyadh, which began in 2022, aims to play a critical role in Saudi Arabia's ambitions to become a global technology hub, in line with the Kingdom's Vision 2030 plan for national development and diversification of the economy. To that end, Saudi authorities have pledged $100 billion of investment to advance the nation's tech sector. LEAP 2025 features more than 680 tech startups, 1,100 speakers, 1,800 technology brands, and more than 170,000 visitors, organizers said.
