Aalto University

Rigetti Computing Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, March 14, 2024

BERKELEY, Calif., March 14, 2024 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced its financial results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • BERKELEY, Calif., March 14, 2024 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced its financial results for the fourth quarter and year ended December 31, 2023.
  • As part of the project, Rigetti proposes to develop and deploy a 24-qubit quantum computer based on the Company’s Ankaa-class architecture.
  • In December 2023, Rigetti launched the Novera QPU (quantum processing unit), a 9-qubit QPU based on the Company’s Ankaa™-class chip architecture.
  • ET, or 2:00 p.m. PT, to discuss its fourth quarter 2023 and full year 2023 financial results.

NATO accelerator and two test centres to be established in Finland: VTT Info

Retrieved on: 
Thursday, March 14, 2024

VTT is setting up a DIANA accelerator in Otaniemi, Espoo, in collaboration with Aalto University and the University of Helsinki.

Key Points: 
  • VTT is setting up a DIANA accelerator in Otaniemi, Espoo, in collaboration with Aalto University and the University of Helsinki.
  • The test centres will be established at the University of Oulu and VTT's Otaniemi site.
  • The technology themes of the accelerator and test centres are related to next-generation communication systems, 6G technology, cybersecurity, quantum and space technologies.
  • "VTT is honoured to be part of the DIANA network and its accelerator and test centre activities.

Inside information: Henrica Ginström appointed as Citycon's new CEO

Retrieved on: 
Wednesday, March 13, 2024

Key Points: 
  • HELSINKI, March 13, 2024 /PRNewswire/ -- The Board of Directors of Citycon Oyj has appointed Henrica Ginström as Citycon's new CEO as of April 1, 2024.
  • Ginström is replacing Citycon's current CEO F. Scott Ball, who has served in his position since 2019 and is stepping down based on mutual agreement on April 1, 2024.
  • "I am pleased to have Henrica Ginström as the new CEO of Citycon.
  • Henrica Ginström, incoming CEO, Citycon, says: "I am excited for this opportunity to serve as the next CEO of Citycon.

VTT Info: Aiming for Emission-Free Pulping, Forest Industry and Scientific Community Join Forces

Retrieved on: 
Wednesday, January 17, 2024

The forest industry, technology companies, research organizations, and universities have joined forces to revolutionize the traditional pulping processes under the joint leadership of VTT Technical Research Centre of Finland and RISE Research Institutes of Sweden .

Key Points: 
  • The forest industry, technology companies, research organizations, and universities have joined forces to revolutionize the traditional pulping processes under the joint leadership of VTT Technical Research Centre of Finland and RISE Research Institutes of Sweden .
  • "Due to the limited nature of forest resources, the growth opportunities for the industry are constrained.
  • The key to achieving this lies in fostering innovation and coming together as an industry and as a research ecosystem.
  • This transformation is not just about meeting industry standards; it's about setting new benchmarks for environmental responsibility and operational excellence.

Rigetti Computing Awarded Phase 2 of DARPA Benchmarking Program

Retrieved on: 
Tuesday, November 21, 2023

BERKELEY, Calif., Nov. 21, 2023 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced that it was awarded Phase 2 of the Defense Advanced Research Projects Agency (DARPA) Quantum Benchmarking Program to develop benchmarks for quantum application performance on large-scale quantum computers.

Key Points: 
  • BERKELEY, Calif., Nov. 21, 2023 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced that it was awarded Phase 2 of the Defense Advanced Research Projects Agency (DARPA) Quantum Benchmarking Program to develop benchmarks for quantum application performance on large-scale quantum computers.
  • The goal of the DARPA Benchmarking Program is to create key quantum computing metrics for fault tolerant quantum computing, make those metrics testable, and estimate the required quantum and classical resources needed to reach critical performance thresholds.
  • Rigetti was awarded Phase 1 in March 2022, and Phase 2 will be completed in March 2025.
  • The University of Technology Sydney, Aalto University, and the University of Southern California will continue to be project partners in Phase 2.

Zapata AI Earns Second DARPA Award for Quantum Benchmarking

Retrieved on: 
Tuesday, November 28, 2023

Zapata Computing, Inc. (“Zapata AI” or the “Company”), the Industrial Generative AI software company developing solutions and applications to solve enterprises’ hardest problems, today announced that the company, along with several academic and technology partners, has been selected as an awardee for the second phase of the Defense Advanced Research Projects Agency (DARPA) Quantum Benchmarking program.

Key Points: 
  • Zapata Computing, Inc. (“Zapata AI” or the “Company”), the Industrial Generative AI software company developing solutions and applications to solve enterprises’ hardest problems, today announced that the company, along with several academic and technology partners, has been selected as an awardee for the second phase of the Defense Advanced Research Projects Agency (DARPA) Quantum Benchmarking program.
  • The multi-year, multi-million-dollar award will help the quantum computing community identify the resources required to deliver quantum applications with high utility for industrial problems.
  • The Phase II award builds on the Phase I award granted to the same group of collaborators in 2022.
  • “This latest DARPA award will help us to better quantify the impact of our quantum hardware across industries and business practices, and assess and improve the timeline to practical commercial advantage.” In addition to the efforts with DARPA, Zapata AI and IonQ also recently announced a new strategic alliance to benchmark Industrial Generative AI techniques on quantum hardware.

Research consortium led by Finland-based VTT and Lockheed Martin will develop signals intelligence technologies benefiting the global defence industry

Retrieved on: 
Wednesday, November 22, 2023

The framework agreement, signed on November 21, initiates long-term cooperation between Lockheed Martin, the Finnish research community, and the Finnish industry, creating relationships that benefit all parties.

Key Points: 
  • The framework agreement, signed on November 21, initiates long-term cooperation between Lockheed Martin, the Finnish research community, and the Finnish industry, creating relationships that benefit all parties.
  • Research consortium led by VTT Technical Research Centre of Finland and Lockheed Martin have finalised a frame agreement for indirect industrial cooperation.
  • The technology cooperation offers us an opportunity to continue to develop our strong expertise in defence technologies and to increase cooperation with other defence industry actors," concludes Eloranta.
  • More information about the consortium members: Patria , Aalto University , Tampere University and Harp Technologies Oy .

Queer leaders: LGBTQI+ people still overwhelmingly absent from corporate boards

Retrieved on: 
Wednesday, September 27, 2023

Big corporations such as North Face, Anheuser-Busch InBev, Target and Kohl’s have all recently ran inclusive ad campaigns featuring Lesbian, Gay, Bisexual, Transgender, Queer, and Intersex (LGBTQI+) people.

Key Points: 
  • Big corporations such as North Face, Anheuser-Busch InBev, Target and Kohl’s have all recently ran inclusive ad campaigns featuring Lesbian, Gay, Bisexual, Transgender, Queer, and Intersex (LGBTQI+) people.
  • This makes sense from a business perspective, with “pink money” weighing 3.5 trillion euros globally and around 874 billion euros in the EU.
  • And I can testify that diverse corporate boards are a long shot from becoming reality.
  • This comes as a particular surprise given the European Commission’s recent pledges to boost opportunities for the community.

The case for diversity

    • And yet, the case for board diversity is stark.
    • What’s more, a truly diverse board could boost companies’ ratings in environmental, social and governance (ESG) and diversity, equity and inclusion (DEI).
    • For example, this could mean advocating for queer rights in some of the near 70 countries that continue to criminalize same-sex relationships.

Step forward

    • For DEI initiatives to reach a successful outcome, there must first and foremost be reliable demographic data.
    • Due to historic discrimination against LGBTQI+ people, there has long been a justifiable reluctance to self-identify.
    • The findings showed that when companies are not inclusive, LGBTQI+ employees are willing to leave for those that are.
    • The organization encourages out LGBTQI+ corporate directors to self-identify, be counted, and mentor qualified candidates for board seats.

Leveraging gender policies to appoint more LGBTQ+ women at the top

    • After the share of CEOs in the Fortune 500 dropped by 25% in 2018, a host of European countries, including Norway, Germany, Finland, France and Spain, introduced gender quotas in 2022.
    • As companies look to comply with this law, there is an opportunity to appoint women who identify as LGBTQI+.

Rubi Partners with Reformation, GANNI, H&M, Nuuly, and Patagonia to Decarbonize the Fashion Industry

Retrieved on: 
Wednesday, March 1, 2023

SAN FRANCISCO, March 1, 2023 /PRNewswire-PRWeb/ -- Rubi, the company creating a new way of manufacturing that exists in harmony with the planet, today announces its initial strategic pilot partnerships with global fashion brands Reformation, GANNI, Nuuly, H&M, and Patagonia, and a fresh $8.7 million in Series Seed funding led by Talis Capital, alongside Patagonia's Tin Shed Ventures, H&M Group, Collaborative Fund, and Necessary Ventures. With top brand partners and $13.5 million in total funding, Rubi has the capital, talent, and technology to rapidly scale its production process, push innovation through the apparel supply chain and deliver limited collections of planet-positive apparel to its customers.

Key Points: 
  • Innovations like Rubi are not only key to helping Reformation achieve Climate Positivity, but also play an important role in building a future for fashion that is actually hopeful and inspiring."
  • Rubi exists to ensure the planetary future by restoring Earth's ecological balance with reimagined supply chains that are symbiotic with the planet.
  • While we're applying our solution to the fashion industry first, it's our goal to make every supply chain exist in harmony with the planet."
  • Ciara Cates, Lead Material Developer for Patagonia said: "Patagonia is excited about the potential of carbon capture to make clean cellulosic pulp.

EQS-News: Eurobattery Minerals strengthens Finnish Hautalampi team with new experienced Managing Director

Retrieved on: 
Sunday, November 27, 2022

Mr. Ilari Kinnunen, will be responsible for the development and operations of Hautalampi battery mineral mine development project.

Key Points: 
  • Mr. Ilari Kinnunen, will be responsible for the development and operations of Hautalampi battery mineral mine development project.
  • Eurobattery Minerals owns 40% of the FinnCobalt Oy and Hautalampi project and has the option to acquire 100%.
  • I am excited to join Eurobattery Minerals and take on the responsibility of developing the highly promising Hautalampi mine project with the rest of the talented team.
  • Eurobattery Minerals AB is a Swedish mining company listed on Swedish Nordic Growth Market ( BAT ) and German Brse Stuttgart ( EBM ).