IonQ

Q2B23 Tokyo Conference Returns to Foster Quantum Computing Community in Asia

Retrieved on: 
Monday, July 10, 2023

PALO ALTO, Calif., July 10, 2023 /PRNewswire/ -- QC Ware today announced that Q2B, the conference series dedicated to advancing the practical application of quantum technologies, is set to return to Tokyo for its second consecutive year. The event, co-hosted by QunaSys, will take place on July 19-20, 2023, at the prestigious Grand Hyatt in Tokyo.

Key Points: 
  • Q2B Tokyo serves as a vital platform for researchers, industry leaders, government representatives, and quantum computing vendors to connect, collaborate, and contribute to the growing quantum technologies (computing and sensing & timing) community in Asia.
  • This year's conference aims to further stimulate innovation and progress, fueling the growth of quantum computing across the region.
  • "Q2B Tokyo plays a vital role in fostering a robust quantum technologies community in Asia, providing a unique space for experts to share knowledge, inspire collaboration, and unlock the true potential of quantum technologies."
  • As a co-host for the event, QunaSys, a pioneer in quantum computing, brings its invaluable expertise and visionary approach to the conference.

IonQ Signs Agreement With South Korea’s Ministry of Science and ICT to Cultivate Regional Quantum Computing Ecosystem

Retrieved on: 
Thursday, June 29, 2023

IonQ (NYSE: IONQ), a leader in the quantum computing industry, signed a Memorandum of Understanding (MOU) with South Korea’s Ministry of Science and ICT (Information and Communications Technology) to educate quantum science and technology professionals and promote the creation of a local quantum ecosystem.

Key Points: 
  • IonQ (NYSE: IONQ), a leader in the quantum computing industry, signed a Memorandum of Understanding (MOU) with South Korea’s Ministry of Science and ICT (Information and Communications Technology) to educate quantum science and technology professionals and promote the creation of a local quantum ecosystem.
  • The MOU reflects the two parties’ agreement to mutually cooperate in supporting South Korea’s vibrant and growing quantum computing industry.
  • The MOU was signed on June 27th at Quantum Korea 2023, hosted by South Korea’s Ministry of Science and ICT in Seoul.
  • “Through this agreement with the Ministry of Science and ICT, we are honored to take part in developing quantum science and technology professionals and preparing South Korea’s quantum industry infrastructure.

Correlation Ventures Announces the Close of its Third Fund and Additions to Partnership

Retrieved on: 
Tuesday, June 27, 2023

SAN DIEGO and SAN FRANCISCO and NEW YORK, June 27, 2023 /PRNewswire/ -- Correlation Ventures, the U.S. venture industry's AI pioneer and leading co-investor, announced the close of Correlation III, a $130M US venture capital fund. Correlation now has approximately $500M under management. The firm's investors (limited partners) include leading endowments, pensions, funds of funds and family offices. Upon formally announcing the closing of Correlation III, the firm also announced the promotion of two key members of their team, Wesley Barrow and Moiz Saifee, to Partner.

Key Points: 
  • Upon formally announcing the closing of Correlation III, the firm also announced the promotion of two key members of their team, Wesley Barrow and Moiz Saifee, to Partner.
  • With Correlation III, the firm intends to continue its track record of co-investing in private, US venture-backed companies positioned to become industry leaders.
  • Correlation pioneered the use of predictive analytics to make investment decisions in U.S. venture.
  • Correlation is one of the most active venture firms in the industry, typically making about one new investment each week.

IonQ Raises 2023 Bookings Expectations to $50M at Midpoint, Anticipates Doubling Bookings from Prior Year

Retrieved on: 
Friday, June 23, 2023

At the midpoint, IonQ is now expecting more than 100% growth in bookings compared to last year’s record bookings performance of $24.5 million .

Key Points: 
  • At the midpoint, IonQ is now expecting more than 100% growth in bookings compared to last year’s record bookings performance of $24.5 million .
  • This transaction will also allow IonQ to service its European customers out of a joint data center, with IonQ and its partner each managing 50% of the IonQ systems.
  • This increase in bookings expectations follows a series of achievements from IonQ as the Company continues its rapid growth.
  • Earlier this year, IonQ announced that it had achieved its 2023 technical goal of demonstrating #AQ 29 on IonQ Forte seven months earlier than expected .

IonQ and QuantumBasel Partner to Achieve Future Quantum Advantages With Deployment of Two Generations of IonQ Quantum Systems in Europe

Retrieved on: 
Thursday, June 22, 2023

IonQ (NYSE: IONQ), a leader in the quantum computing industry, today announced a partnership with Switzerland-based QuantumBasel to jointly establish a European quantum data center.

Key Points: 
  • IonQ (NYSE: IONQ), a leader in the quantum computing industry, today announced a partnership with Switzerland-based QuantumBasel to jointly establish a European quantum data center.
  • “This is a historic deal for IonQ and the quantum industry,” said Peter Chapman, CEO and President of IonQ.
  • “In QuantumBasel, we have found a partner who is aligned on the potential of quantum to solve the world’s most complex challenges.
  • With #AQ 64, we believe even the best supercomputers will no longer be able to compete using full quantum simulation.

IonQ Forte Launched For Commercial Use, Making #AQ 29 Available for Customers Worldwide

Retrieved on: 
Thursday, June 22, 2023

IonQ (NYSE: IONQ), an industry leader in quantum computing, today expanded the commercial availability of its next generation quantum computer, IonQ Forte.

Key Points: 
  • IonQ (NYSE: IONQ), an industry leader in quantum computing, today expanded the commercial availability of its next generation quantum computer, IonQ Forte.
  • IonQ Forte is the third generation of commercially available quantum systems offered by IonQ, alongside IonQ Aria (#AQ 25) and IonQ Harmony (#AQ 11).
  • This unique approach positions IonQ Forte as IonQ’s highest performing system, capable of running wider and deeper circuits than any other commercially available IonQ quantum computer.
  • Today’s commercial availability of IonQ Forte furthers IonQ’s broader vision of making IonQ’s latest generation of quantum systems available to users at scale.

IonQ Demonstrates World-First Quantum Cognition Models

Retrieved on: 
Thursday, June 1, 2023

IonQ (NYSE: IONQ), an industry leader in quantum computing, today announced results from its early research into applying quantum computers for modeling human cognition.

Key Points: 
  • IonQ (NYSE: IONQ), an industry leader in quantum computing, today announced results from its early research into applying quantum computers for modeling human cognition.
  • The recently published paper describes the world’s first publicly known method in which basic human cognition models have been run on quantum hardware, paving the way to the potential development of improved decision making models that imitate human thought.
  • Conducted in collaboration with an international team of quantum researchers, the research paper represents a starting point for developing quantum circuits that implement mathematical models of cognition, encoding mental states in qubit registers and cognitive operations using different gates and measurements.
  • The concept of quantum probability effectively describes some of these relationships, however it wasn’t until recently that quantum hardware reached the point where quantum probability models could be investigated and tested.

SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of IonQ, Inc. and Encourages Long-Term IONQ Shareholders to Contact the Firm

Retrieved on: 
Wednesday, May 24, 2023

PHILADELPHIA, May 24, 2023 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating IonQ, Inc. (“IonQ” or the “Company”) (NYSE: IONQ), f/k/a dMY Technology Group, Inc. III, on behalf of the Company’s long-term shareholders.

Key Points: 
  • PHILADELPHIA, May 24, 2023 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating IonQ, Inc. (“IonQ” or the “Company”) (NYSE: IONQ), f/k/a dMY Technology Group, Inc. III, on behalf of the Company’s long-term shareholders.
  • IonQ shareholders who purchased or acquired shares of the Company’s common stock prior to May 3, 2022 are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.
  • Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation on a contingent basis.
  • For additional information about Kaskela Law LLC please visit www.kaskelalaw.com .

IonQ Aria Now Available on Amazon Braket

Retrieved on: 
Wednesday, May 17, 2023

Today at Commercialising Quantum Global 2023 , IonQ (NYSE: IONQ), an industry leader in quantum computing, announced the availability of IonQ Aria on Amazon Braket, AWS’s quantum computing service.

Key Points: 
  • Today at Commercialising Quantum Global 2023 , IonQ (NYSE: IONQ), an industry leader in quantum computing, announced the availability of IonQ Aria on Amazon Braket, AWS’s quantum computing service.
  • “We are excited for IonQ Aria to become available on Amazon Braket, as we expand the ways users can access our leading quantum computer on the most broadly adopted cloud service provider,” said Peter Chapman, CEO and President, IonQ.
  • “Amazon Braket has been instrumental in commercializing quantum, and we look forward to seeing what new approaches will come from the brightest, most curious, minds in the space.”
    IonQ Aria joins its predecessor IonQ Harmony as the second IonQ quantum system available on Amazon Braket.
  • “The addition of IonQ Aria to Amazon Braket provides our global customers with another choice when it comes to selecting a quantum system that best fits their specific needs,” said Richard Moulds, general manager, Amazon Braket.

Quantum Computing in Healthcare Market worth $503 million | MarketsandMarkets

Retrieved on: 
Monday, May 15, 2023

Superconducting Qubits segment accounted for the largest share of the quantum computing in healthcare market, By Technology

Key Points: 
  • Superconducting Qubits segment accounted for the largest share of the quantum computing in healthcare market, By Technology
    In 2022, the superconducting qubits segment accounted for the largest share of the quantum computing in healthcare market.
  • The healthcare payers segment is expected to register the highest CAGR by end user of the quantum computing in healthcare market.
  • North America accounted for the largest share of the quantum computing in healthcare market.
  • Quantum Computing in Healthcare Market Advantages:
    Accelerated Drug Discovery: Quantum computing can significantly speed up the drug discovery process by simulating and analyzing molecular interactions.