Latest news with #QuantumArt
Globe and Mail
25-06-2025
- Business
- Globe and Mail
Quantum Computing News: New Roadmaps, Real Timelines, and Rising Stocks
Quantum computing has been buzzing again this week, with fresh headlines from startups, tech giants, and even lawmakers. You've probably heard phrases like 'qubit scaling' or 'quantum advantage' tossed around, but what do they actually mean for investors? Whether it's IBM's newest chip, a roadmap to one million qubits, or policy moves in Texas and South Korea, a lot is happening. Let's break down the four biggest developments this week so you can stay sharp the next time IonQ (IONQ) or D-Wave (QBTS) make a move. Confident Investing Starts Here: Before we begin with this week's recap, let's examine the chart below, which clearly illustrates the increasing demand for quantum systems on the global stage. This suggests wider adoption across more geographies and sectors, as buyers seek to diversify risk and test systems at smaller scales. Quantum Art Targets 1 Million Qubits by 2033 Quantum Art, a private company spun out of Israel's Weizmann Institute, has released a detailed roadmap to build a one-million-qubit quantum computer by 2033. The company plans to launch a 50-qubit cloud-access system later this year and scale up to 1,000 qubits by 2027. The 1,000-qubit system, called the Perspective series, aims to deliver commercial quantum advantage in industries such as finance, logistics, and materials science. Quantum Art's hardware is based on trapped-ion qubits and includes multi-qubit gates, optical segmentation, dynamic reconfiguration, and dense 2D layouts. The architecture supports up to 100 times more gate operations and parallel processes than rival platforms, all within a footprint 50 times smaller. The final Mosaic series, due in 2033, is expected to fit one million physical qubits into a 50×50 mm² chip and support fault-tolerant quantum computing. IBM Expands Global Quantum Footprint IBM (IBM) just installed its first Quantum System Two outside the United States. The system is now running at RIKEN in Japan, co-located with the Fugaku supercomputer. This setup enables low-latency hybrid quantum-classical workflows and is part of Japan's national push for advanced computational research. The system runs on IBM's latest 156-qubit Heron processor, which delivers 10x faster performance and 10x lower error rates than its predecessor, the 127-qubit Eagle. IBM Heron achieved a CLOPS (circuit layer operations per second) score of 250,000, making it the company's best-performing chip to date. Initial research applications include modeling complex chemical compounds, a use case that benefits from hybrid processing power. IBM's focus is now on real-world utility in the near term, even without full-scale fault tolerance. Texas Launches Statewide Quantum Initiative Texas has passed a new law to establish the Texas Quantum Initiative, creating an advisory board, a state-managed grant fund, and a long-term plan to grow the local quantum economy. The law takes effect in September 2025 and requires the state to issue annual strategic updates and biennial budget reports focused on research funding, workforce training, and commercial infrastructure. The initiative targets quantum computing, sensing, and networking. It aims to attract federal funding and promote the development of the state's supply chain. Research institutions like the University of Texas, Texas A&M, and Rice University are expected to play key roles. South Korea Prioritizes Quantum and AI Chips South Korea has designated two emerging technologies as national strategic assets. EYL's quantum random number generator, used in cryptography, and Boss Semiconductor's low-power AI chip for autonomous vehicles have both been added to the country's list of 'super gap' technologies. The recognition grants these firms access to policy incentives, military service exemptions, and accelerated R&D support. EYL's solution generates true randomness using quantum physical processes, which is critical for secure communications. Boss Semiconductor's chip design is designed to handle real-time sensor data while minimizing power usage, a key requirement for autonomous driving platforms. Both companies are private, but the designations reflect growing national interest in building secure and scalable quantum and AI technologies. Using Tipranks' Comparison Tool, we've assembled and compared some of the prominent quantum companies on Wall Street. The comparison tool helps investors gain a broader view of each stock and industry, enabling them to make smarter investing decisions. Disclaimer & Disclosure Report an Issue
Associated Press
11-06-2025
- Business
- Associated Press
Quantum Art to Advance Scalable Quantum Computing Through Logical Qubit Compiler and NVIDIA CUDA-Q Integration
Integration of the Company's logical-qubit compiler with NVIDIA CUDA-Q unlocks new levels of performance and scalability for hybrid quantum-classical applications, accelerating the path to quantum advantage. NESS ZIONA, Israel, June 11, 2025 /PRNewswire/ -- Quantum Art a developer of full-stack quantum computers based on trapped-ion qubits and a proprietary scale-up architecture, today announced the integration of NVIDIA CUDA-Q hybrid quantum-classical platform into its advanced circuit compiler for logical qubits. The integration aims to advance the performance of scalable quantum computing real-world applications. The integration pairs Quantum Art's Logical Qubit Compiler which utilizes its unique Multi-qubit gates and Multi-Core architecture with NVIDIA CUDA-Q, an open-source hybrid quantum-classical computing platform, enabling developers to run applications across QPUs, CPUs, and GPUs. By combining Quantum Art's compiler, which is optimized for low circuit depth and scalable performance, with NVIDIA's expertise in multi-core orchestration and developer enablement, the combination lays critical groundwork for the advancement of real-world quantum use cases. The integration of Quantum Art's compiler and NVIDIA CUDA-Q is expected to incorporate significant reduction in circuit depth and better performance due to its favourable multi-qubit and reconfigurable multi-core operation. Initial results on the physical layer already show better scaling (N vs. N2 code lines), and an effective improvement of up to 25% in the log of Quantum Volume circuits, inducing much shallower circuits with significant performance. The significance is the ability to increase Quantum Volume dramatically, by using this compiler on such quantum hardware systems. A key objective is to realize synthesis and optimization of quantum circuits at the ~200 logical qubit level, a scale aligned with emerging commercial use cases. Measurable performance improvements in circuit depth, T-gate count, and the number of required core reconfigurations will be analyzed. Quantum Volume will serve as the system-level benchmark to evaluate the overall effectiveness and scalability of the combined platform. 'We're excited to work with NVIDIA, the leader in next-generation computing infrastructure, to combine our complementary strengths and accelerate the future of scalable quantum computing,' said Dr. Tal David, CEO of Quantum Art. 'Our trapped-ion qubits and proprietary multi-core architecture offer an unmatched scaling opportunity which is addressing the #1 challenge of quantum computers as the industry moves towards commercialization. Our compiler integration into CUDA-Q will enable developers to develop and optimize meaningful quantum applications at scale.' 'The CUDA-Q platform is built to accelerate breakthroughs in quantum computing by building on the successes of AI supercomputing', said Sam Stanwyck, Group Product Manager for quantum computing at NVIDIA. 'Quantum Art's integration of CUDA-Q with their compiler is a prime example of how impressive performance improvements in quantum research are being found at the intersection of quantum and classical hardware'. This work marks another milestone in Quantum Art's broader efforts to scale quantum computing through its trapped-ion systems, multi-qubit gates, and dynamically reconfigurable multi-core architecture. These innovations address the core challenge of scaling to thousands, and eventually millions of qubits to provide substantial commercial value. This integration advances Quantum's vision of achieving commercial quantum advantage and unlocking new capabilities in fields such as materials discovery, logistics, and energy systems. About Quantum Art Quantum Art Ltd., headquartered in Ness Ziona, Israel, specializes in the development of scalable quantum computers based on trapped-ion qubits. Quantum Art's innovative architecture enables multi-core quantum processors with unparalleled performance and efficiency. For more information, visit Quantum Art Media Contact Kyle Porter EVP-Managing Director Virgo Public Relations [email protected] 212.584.4289 View original content to download multimedia: SOURCE Quantum Art
