Cambridge Quantum Computing (CQC) is pleased to announce the addition of an experienced quantum computing executive to its Business Development team. Reporting to the firm's Chief Business Officer, Denise Ruffner, Mehdi Bozzo-Rey (Mehdi) will take responsibility for a variety of key markets and clients in the USA, Canada and France and further expand CQC's leadership in business areas where corporations are rapidly adopting quantum computing solutions in order to address critical challenges now...  

Rigetti UK announced today it will lead a £10 million consortium to accelerate the commercialisation of quantum computing in the UK. The three-year programme will build and operate the first quantum computer in the UK, make it available to partners and customers over the cloud, and pursue practical applications in machine learning, materials simulation, and finance. Rigetti is joined by Oxford Instruments, University of Edinburgh, quantum software start-up Phasecraft, and Standard Chartered...  

Seeqc, the Digital Quantum Computing company, announced that it has been selected as one of 23 companies to each receive a $150,000 Small Business Technology Transfer (STTR) award from the Air Force Research Laboratory (AFRL) in Rome, New York. Seeqc is joined in this first-of-its-kind award by its partner in the project, NY CREATES, a world-leading R&D, innovation hub and commercialization facilitator in advanced digital, analog and power technologies. Bridging the Gaps Between Academics...  

Quantum computing is one of the technological fields that BBVA is closely following through various lines of research aimed at exploring its applications in the world of finance. As part of this work, and in collaboration with Spanish startup Multiverse, the joint research team has evaluated and benchmarked a number of quantum and traditional technologies to improve the process of dynamically optimizing investment portfolios with market data. The results, published in a scientific paper, have...