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Quantum Computing News: New Records, Cloud Deals, and Global Moves
Quantum Computing News: New Records, Cloud Deals, and Global Moves

Globe and Mail

time15-05-2025

  • Business
  • Globe and Mail

Quantum Computing News: New Records, Cloud Deals, and Global Moves

The quantum world is having a big month. From next-gen cybersecurity to international alliances, the headlines show how fast the tech is evolving and how many industries it's starting to touch. Here's a quick and easy rundown of what you need to know. Confident Investing Starts Here: Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter Oracle and seQure Bring Quantum-Inspired Cybersecurity to the Cloud Oracle (ORCL) has teamed up with seQure, an Entanglement company, to launch Ground-Truth on Oracle Cloud Infrastructure (OCI). Previously only available on-premises, this advanced cybersecurity and observability platform is now accessible across Oracle's public, government, and sovereign cloud environments. What makes Ground-Truth special is that it processes up to 20TB of data per day and uses AI and quantum-inspired algorithms to detect threats in under a second, with up to 90% fewer false alarms. It's designed for zero-trust environments and works across corporate networks, IoT, and operational tech (OT), making it a powerful fit for modern cyber defense. Quantinuum Hits Record-Breaking Quantum Volume Quantinuum just hit a new performance high: a Quantum Volume (QV) of 8,388,608 on its H2 system. QV is a metric, developed by IBM (IBM), that measures not just qubit count but also system coherence, error rates, and connectivity. Think of it as quantum computing's equivalent of horsepower. Quantinuum pledged in 2020 to increase QV tenfold every year, and it's now delivered on that promise early. The company is now looking ahead to its next-gen Helios system, which is expected to push performance even further. No other company has made (or kept) such a public promise on QV growth. Diraq Joins Illinois Quantum Park to Scale Up in the U.S. Australian quantum computing startup Diraq has signed on to join the Illinois Quantum and Microelectronics Park (IQMP), home to the $140 million Quantum Proving Ground and anchor tenant PsiQuantum. Diraq uses silicon spin qubits and CMOS-compatible tech to scale quantum systems efficiently as part of DARPA's Quantum Benchmarking Initiative. Illinois continues to position itself as a global quantum hub, and Diraq's move signals growing international investment. The On-Ramp program will give Diraq early access to local facilities while the larger park is still under development. Pasqal's Quantum Hardware Now on Google Cloud Marketplace Neutral-atom quantum company Pasqal has partnered with Google Cloud (GOOGL) (GOOG) to offer access to its 100-qubit QPU through the Google Cloud Marketplace. With a pay-as-you-go model and open-source tools, Pasqal is making it easier for both experts and newcomers to run quantum workloads in the cloud. Users can monitor job progress, optimize workflows, and even run advanced simulations. More toolkits—especially in optimization and quantum simulation—are expected later this year, making Pasqal's platform a strong contender for real-world use cases. EU and Japan Sign Deal to Accelerate Quantum Research The EU and Japan signed a Letter of Intent to strengthen quantum tech collaboration as part of the EU-Japan Digital Partnership. The agreement establishes joint funding (via Horizon Europe and Japan's SIP) and includes projects like Q-NEKO, which is focused on quantum AI for climate modeling and healthcare. This partnership is about more than research; it also covers cybersecurity, semiconductors, and quantum communication, with a progress review set for 2026. It's another sign of global momentum in quantum R&D, especially on strategic issues like resilience and digital sovereignty. QuEra Powers Drug Discovery QuEra Computing is now at the heart of two of six final projects in the prestigious Quantum for Bio Challenge. One is led by the University of Nottingham and Phasecraft, focused on targeting myotonic dystrophy. The other, from Harvard and MIT, aims to enhance ligand-protein binding predictions—both using QuEra's quantum simulation capabilities. These projects are now entering Phase 3, where real quantum hardware will be used to validate earlier simulation results. With up to $2 million in funding available, this is a key step in proving that quantum computing can actually help solve real-world healthcare problems. Below is Tipranks' Comparison Tool, where we've compared the prominent quantum computing companies. This way, investors gain a broader and more holistic view of each stock and the industry in general. Disclaimer & Disclosure Report an Issue

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