Quantum tech

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Novo Nordisk Foundation to build $62M quantum chip plant in Copenhagen

Digital Marketing, Europe, Investors and funding, Quantum tech, SEO Tips, Technology /

Europe is getting a factory for quantum chips rather than another quantum computer. Quantum Foundry Copenhagen, owned by the Novo Nordisk Foundation, is building a 5,300-square-metre facility in the Danish capital that is due to open in 2027 and will offer wafer fabrication to quantum companies around the world. The investment is about $62M, according […]

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France’s Pasqal is public, with $360M and a valuation of about 100 times revenue

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Pasqal began trading on Nasdaq on Friday under the ticker PSQL, five months after announcing it would go public through a special purpose acquisition company. Shares surged on the debut, according to Reuters. The merger with Bleichroeder Acquisition Corp. II closed on 27 August, a day after shareholders approved it, leaving the company with roughly […]

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Oracle is putting a Quantinuum quantum computer inside its own data centre

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Oracle and Quantinuum have agreed a multi-year partnership under which Quantinuum will physically install its Helios quantum computer inside a US Oracle Cloud Infrastructure AI data centre, and Oracle will sell access to it as a managed OCI service. No financial terms were disclosed, no launch customer was named, and no firm date was given […]

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IBM just bought a quantum bet it doesn’t build. Days later, the payoff hit Nature.

Deep tech, Digital Marketing, Merge and Acquisition, Quantum tech, Science, SEO Tips, Technology, United States /

Six days ago, IBM agreed to buy a quantum-computing lab that builds a kind of qubit IBM does not. This week, the lab showed the world why. HRL Laboratories published a result in Nature on Wednesday: a silicon quantum processor that, in effect, runs itself. The Malibu research house is jointly owned by Boeing and […]

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ZuriQ raises $25.5M to scale its 2D quantum architecture

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ZuriQ, a Swiss quantum computing company spun out of ETH Zürich, has raised $25.5 million in a seed round to scale the trapped-ion processors it is building on a new two-dimensional architecture. The money builds on the $4.2 million pre-seed round the company closed in 2025, and it arrives as ZuriQ pushes to increase the number of qubits its […]

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PsiQuantum breaks ground in Australia on what it says will be the world’s first utility-scale quantum computer

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PsiQuantum has broken ground on a facility in Moreton Bay, Queensland, where it plans to build and deploy what it calls the world’s first utility-scale, fault-tolerant quantum computer. The site will eventually hold tens of thousands of photonic quantum chips cooled by one of the largest cryogenic systems ever constructed for quantum computing. Victor Peng, PsiQuantum’s […]

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IQM adds a Vanguard board director to its bench as Europe’s first quantum Nasdaq listing approaches

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IQM Quantum Computers, the Finnish maker of superconducting quantum systems, has appointed Barbara Venneman to its board of directors as the company approaches what would be the first Nasdaq listing by a European quantum computing company. Venneman currently serves on the board of Vanguard, one of the world’s largest investment management firms, and previously led […]

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Quantinuum prices its IPO at $1.68bn, setting a new bar for quantum

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The marketed range was $53 to $55. Quantinuum priced at $60. That gap, the willingness of investors to pay above what the bankers asked, is the real news in the Honeywell-backed company’s initial public offering, which raised $1.68bn and set a valuation the entire quantum-computing sector will now be measured against. The mechanics are straightforward. […]

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France’s Quobly raises €115M to put a quantum computer on a silicon chip

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Most quantum-computing startups ask the world to build them an entirely new industry: exotic materials, bespoke fabrication, supply chains that do not yet exist. Quobly is making a quieter bet. The Grenoble company thinks the path to a useful quantum machine runs through the silicon chip industry that already exists, and on Wednesday it raised […]

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IBM is up 30% in a month as Barclays says its software business is the antidote to the SaaSpocalypse

Artificial Intelligence, Business, Digital Marketing, Finance, Quantum tech, SEO Tips, Technology /

IBM stock surged 10% on Monday after Barclays initiated coverage with an overweight rating and a $350 price target, roughly 11% above the opening price. The jump extends a run that has seen IBM gain nearly 30% in May alone, its best monthly performance in almost 24 years. The stock is now up 10% year […]

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