With Denmark as the centre of gravity, the ambition is to invest in, support and advance some of the world’s most promising quantum technology companies with applications in the life sciences.
Australia has announced a $940 million — or about $617 million US — investment in PsiQuantum, a Silicon Valley start-up with Australian roots, in a bid to build the world’s first commercially viable quantum computer in Brisbane.
European quantum startups are on the rise. Last year, while many VC-backed companies in the region were struggling to raise funds, but with strong support from governments and burgeoning interest from VCs, Europe’s quantum scene is growing steadily.
The company known as Zapata AI took a massive tumble on April 1st, 2024, as its new ticker (ZPTA) rolled out. The company that went to market via Andretti Acquisition Corp faced a massive blow to its share price, tumbling from $15 to under $6 as seen on Google Finance.
Quantum computing has remained a decade away for over a decade now, but according to industry experts it may hold the secret to curbing AI’s insatiable appetite. Hence it should come as no surprise that with its latest hire, OpenAI added Ben Bartlett, a former quantum systems architect at PsiQuantum to its ranks, to hedge…
Vitalik Buterin, Ethereum’s co-founder, has unveiled a detailed plan to safeguard the blockchain against quantum threats. Recognizing the potential for quantum computers to breach traditional cryptographic defenses, Buterin proposes a blend of quantum-resistant cryptography and strategic preparedness.