Latest news with #AliceAndBob
Yahoo
13 hours ago
- Business
- Yahoo
AMZN: Amazon Pours Millions Into Quantum Computing With Bold IonQ Bet
Aug 11 - Amazon (NASDAQ:AMZN) just made a bold move into quantum computing with a $36.7 million stake in IonQ (NYSE:IONQ), revealed in its latest SEC filing. That instantly puts the e-commerce giant among the largest tech investors in a publicly traded quantum hardware company. IonQ's trapped-ion quantum computers already power workloads on AWS's Braket service, so this deal looks like more than just a passive bet. IonQ shares popped about 7% after the news. Warning! GuruFocus has detected 3 Warning Signs with IONQ. In France, quantum startup Alice & Bob, alongside Inria, has unveiled a new Heart Code method for preparing magic states using only 53 qubits, 8.7% fewer than leading methods, while cutting processing time by a factor of five. The approach runs on their current cat qubit hardware, boosting scalability without major retooling. In the meantime, Japan rolled out its first entirely domestic superconducting quantum computer at Osaka University, in pursuit of technology independence, and Quantinuum, funded by Honeywell (NASDAQ:HON), teamed up with the Technology Innovation Institute in the UAE to boost Gulf quantum research. All of this shows that the big Tech, startups, governments are pushing to commercialize quantum theory, now, and sooner, at less cost and on grand scale. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14 hours ago
- Business
- Yahoo
AMZN: Amazon Pours Millions Into Quantum Computing With Bold IonQ Bet
Aug 11 - Amazon (NASDAQ:AMZN) just made a bold move into quantum computing with a $36.7 million stake in IonQ (NYSE:IONQ), revealed in its latest SEC filing. That instantly puts the e-commerce giant among the largest tech investors in a publicly traded quantum hardware company. IonQ's trapped-ion quantum computers already power workloads on AWS's Braket service, so this deal looks like more than just a passive bet. IonQ shares popped about 7% after the news. Warning! GuruFocus has detected 3 Warning Signs with IONQ. In France, quantum startup Alice & Bob, alongside Inria, has unveiled a new Heart Code method for preparing magic states using only 53 qubits, 8.7% fewer than leading methods, while cutting processing time by a factor of five. The approach runs on their current cat qubit hardware, boosting scalability without major retooling. In the meantime, Japan rolled out its first entirely domestic superconducting quantum computer at Osaka University, in pursuit of technology independence, and Quantinuum, funded by Honeywell (NASDAQ:HON), teamed up with the Technology Innovation Institute in the UAE to boost Gulf quantum research. All of this shows that the big Tech, startups, governments are pushing to commercialize quantum theory, now, and sooner, at less cost and on grand scale. This article first appeared on GuruFocus.
Reuters
08-05-2025
- Business
- Reuters
Israel's Quantum Machines partners with Alice & Bob in Paris quantum lab
JERUSALEM, May 8 (Reuters) - Israeli startup Quantum Machines said on Thursday it would partner with French tech startup Alice & Bob in an advanced quantum computing laboratory in Paris. Alice & Bob is building the $50 million lab and Quantum Machines, whose hardware and software platform aims to accelerate the realization of practical quantum computers, will equip the lab along with Bluefors, a maker of cryogenic measurement systems in quantum technology. The new lab will enable Alice & Bob's next-generation quantum chip series - Lithium, Beryllium and Graphene. This development hub will be funded by the company's recent $103 million private funding round. Alice & Bob was founded in 2020 and specialises in the field of quantum computing. Quantum Machines said in February it had raised $170 million in mid-stage funding.
