By Jane Lanhee Lee
https://finance.yahoo.com/news/quantum-computer-startup-harvard-mit-130825269.html?.tsrc=fin-srch
OAKLAND, Calif (Reuters) - A new quantum computer startup born from researchers at Harvard University and Massachusetts Institute of Technology (MIT) called QuEra Computing said on Wednesday it raised $17 million from investors, including Japanese e-commerce giant Rakuten Inc.
It’s the latest quantum computer hardware maker to come out of the lab at a time when funding for the nascent technology is booming.
While there are various technologies for creating so-called quantum bits or qubits where the computations happen, QuEra’s qubits use neutral atoms in a vacuum chamber and use lasers to cool and control them.
“From 2015 when we had an empty lab with nothing to 2017, the work that we were doing at Harvard and MIT, we were already at the stage where we could control 51 of these neutral atom qubits,” said Alex Keesling, QuEra CEO and co-inventor of the technology. He said this technology was easy to scale up and that QuEra would have a 1000-qubit computer in two years. Today it has a 256-qubit machine, he said.
Recent IBM News
- U.S. Stocks Close Slightly Higher; Dow, S&P Post New Highs • IH Market News • 09/23/2024 08:44:00 PM
- IBM and NASA Release Open-Source AI Model on Hugging Face for Weather and Climate Applications • PR Newswire (Canada) • 09/23/2024 12:00:00 PM
- IBM and NASA Release Open-Source AI Model on Hugging Face for Weather and Climate Applications • PR Newswire (US) • 09/23/2024 12:00:00 PM
- IBM and Microsoft Open Three New Experience Zones to Provide Global Clients with More Hands-on Access to Cloud and Generative AI Solutions • PR Newswire (US) • 09/19/2024 12:00:00 PM
- IBM and Microsoft Open Three New Experience Zones to Provide Global Clients with More Hands-on Access to Cloud and Generative AI Solutions • PR Newswire (Canada) • 09/19/2024 12:00:00 PM
- IBM Study: Divergent Views Among Small to Medium Sized Business Leaders and the Banks that Serve Them Uncover a White Space for Nimble Financial Institutions to Compete in this Varied Market Segment • PR Newswire (US) • 09/18/2024 04:01:00 AM
- UNDP and IBM Launch New Tools to Forecast Energy Access and Model Energy Equity • PR Newswire (Canada) • 09/17/2024 02:00:00 PM
- UNDP and IBM Launch New Tools to Forecast Energy Access and Model Energy Equity • PR Newswire (US) • 09/17/2024 02:00:00 PM
- Norfolk Southern CEO Fired, Ryanair Lowers Fare Forecast, 23andMe Considers Acquisition Proposals • IH Market News • 09/12/2024 10:02:29 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/11/2024 08:30:29 PM
- IBM Launches New Services to Help Oracle Clients Extend Generative AI • PR Newswire (Canada) • 09/10/2024 01:00:00 PM
- IBM Launches New Services to Help Oracle Clients Extend Generative AI • PR Newswire (US) • 09/10/2024 01:00:00 PM
- IBM Brings Next Generation of AI-Powered Insights to ESPN Fantasy Football Platform • PR Newswire (US) • 09/10/2024 12:00:00 PM
- IBM to Acquire Accelalpha, Leading Oracle Consultancy • PR Newswire (Canada) • 09/09/2024 08:30:00 PM
- IBM to Acquire Accelalpha, Leading Oracle Consultancy • PR Newswire (US) • 09/09/2024 08:30:00 PM
- IBM to Acquire Accelalpha, Leading Oracle Consultancy • PR Newswire (US) • 09/09/2024 08:30:00 PM
- IBM Unveils New Flagship Office at One Madison Avenue in New York City • PR Newswire (US) • 09/06/2024 06:42:00 PM
- Form 25-NSE - Notification filed by national security exchange to report the removal from listing and registration of matured, redeemed or retired securities • Edgar (US Regulatory) • 09/06/2024 01:44:50 PM
- Qualcomm Develops Mixed Reality Glasses; Verizon to Boost Dividend, Eyes Acquisition; Samsonite Plans US Dual Listing • IH Market News • 09/05/2024 10:11:35 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/03/2024 09:47:20 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/03/2024 09:45:29 PM
- IBM Closes China Research Division, Uber Fined $324M, Starliner to Return Without Astronauts • IH Market News • 08/26/2024 12:58:21 PM
- New IBM Processor Innovations To Accelerate AI on Next-Generation IBM Z Mainframe Systems • PR Newswire (Canada) • 08/26/2024 12:00:00 PM
- New IBM Processor Innovations To Accelerate AI on Next-Generation IBM Z Mainframe Systems • PR Newswire (US) • 08/26/2024 12:00:00 PM
- New IBM Processor Innovations To Accelerate AI on Next-Generation IBM Z Mainframe Systems • PR Newswire (US) • 08/26/2024 12:00:00 PM
FEATURED Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • Sep 24, 2024 8:50 AM
FEATURED Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM