Tag:

quantum computing

IDC Predicts Quantum Computing Market Growth Amid Shifting Landscape

International Data Corporation (IDC) has unveiled its latest forecast for the global quantum computing market, highlighting significant changes in expectations and growth projections. According to...

Fujitsu starts Quantum Simulator Challenge for global startups

Fujitsu announced the launch of Quantum Simulator Challenge for global startups. Fujitsu is seeking applications from members of the industry and academia to test the...

Oxford Quantum Circuits raises $46.45 mn in VC funding

Oxford Quantum Circuits (OQC), Europe’s leading quantum computing company, has raised $46.45 million in a Series A venture capital funding. The investment is the UK’s largest...

D-Wave deploys quantum computer at University of Southern California

Quantum computing firm D-Wave Systems has deployed its latest quantum computer at the University of Southern California. D-Wave’s most powerful machine, called the Advantage system,...

IBM sets target for quantum computer business

IBM CEO Arvind Krishna said the Cloud major aims to have more-than-4,000 qubit quantum computer ready by 2025, a jump from its hardware with...

Spending on quantum computing to reach $8.6 bn in 2027: IDC

Customer spending on quantum computing is forecast to grow from $412 million in 2020 to $8.6 billion in 2027 – representing a 6-year CAGR...

Companies to allocate more IT budget for quantum computing: IDC

Investments in quantum computing are expected to increase in the next 24 months, according to new survey results from International Data Corporation (IDC). The number...

How Budget 2020 will boost growth of Indian technology sector

India’s Finance Minister Nirmala Sitharaman presented Union Budget 2020 delivering new initiatives to boost the growth of the technology sector. The INR 80 billion investment...