Eyal Hochberg’s Post

We are pleased to share that quantum computing company Diraq (a Taronga Ventures portfolio company) has successfully passed a key technical milestone, achieving 99% fidelity of its quantum chips across a range of devices. Quantum technologies will play a significant role in the future of high performance computing and the way data centres are developed and operated. Achieving high fidelity in quantum chips is critical to delivering consistent performance and reliability. Diraq Founder and CEO Andrew Dzurak said “Reaching this 99% two-qubit fidelity is a significant milestone in our technical program as it underpins the process for securing consistent and reliable performance in our SiMOS quantum dot qubits and further supports our core focus of scaling up our silicon spin-based qubits into full-scale fault tolerant quantum processors”. Read the article on InnovationAus.com: https://lnkd.in/gwfiPeZT #TarongaVenturesPortfolio #Diraq #quantum

Top 10 quantum breakthroughs and emerging trends: 2024. Here are my top 10 quantum breakthroughs and highlights of this year. Did any other quantum news catch your attention? #1 Google’s Quantum Computer Chip Willow undoubtedly tops my list - And it is a scientific game changer, but has also put the spotlight on quantum business, which is great news for the ecosystem. #2 National Institute of Standards and Technology (NIST) has announced 2035, as the timeline for quantum-resistant cryptography, but enterprises must move faster. The first useful quantum computers are already anticipated during 2026-28, if not earlier. #3 Quantinuum demonstrated 50 entangled logical qubits with fidelities exceeding 98%, setting a new industry benchmark for scalable quantum systems. #4 QuEra Computing Inc. demonstrated new error correction method in January this year and made it one of the first. It achieved a logical qubit using only eight physical qubits, demonstrating a new error correction method using transversal gates. The company has also outlined a three-year roadmap to 100 logical qubits. #5 PsiQuantum received $940 Million (AUD) From the Australian Government — Making it one of the only quantum companies to receive such funding from a government. #6 Microsoft and Quantinuum announced 12 logical qubits, the most logical qubits on record at that time. Quantinuum provided the quantum hardware and Microsoft handled the error correction. #7 IBM has doubled its quantum cloud capability, and increased processor speed by 50-fold. This is an important step towards democratising quantum computer access. #8 China Introduced 504-Qubit Superconducting Chip, named “Xiaohong,” developed in partnership with the Chinese Academy of Sciences and QuantumCTek. This is one of the largest superconducting quantum chips to be publicly announced by any entity. #9 India, Israel, Germany, Singapore, China, S. Korea, Taiwan, Malaysia and several other countries have announced installation of new quantum systems, quantum strategy, and several national initiatives in 2024 #10 Microsoft and Atom Computing 's 24 logical qubits machine breakthrough. (Thanks Brian Lenahan for calling it out - now fixed my list) #11 As a BIG Bonus and to satisfy the quantum commercialisation leader in me, let me add this one. The Big payday for quantum computing companies this year. Still highly speculative, but quantum computing is getting a move on! Some reports have listed Honeywell’s quantum-computing business could be worth $20 billion, while Alphabet stock added almost $136 billion in market value days after it unveiled the quantum computing breakthrough - Willow. Other quantum computing companies have seen unprecedented growth in the recent months. 2025 looks quite exciting for the quantum business and something we've been discussing closely with Ravuri Niranjan, Ganesan Ramachandran, Shiva Koduvayur, Rainer Dumke and several others. What do you think?

Founded in 2016, PsiQuantum is on an ambitious journey to revolutionize quantum computing by scaling up to one million qubits, far beyond current capabilities. Their goal? To unlock transformative possibilities across industries like pharmaceuticals, materials science, and energy. Co-founder Pete Shadbolt emphasized PsiQuantum's unique approach, leveraging commercial semiconductor foundries to manufacture quantum chips, paving the way for large-scale, photonic-based quantum systems. Backed by $700 million in private funding and an additional $600 million from the Australian government, the company is aiming to deliver a one-million-qubit quantum computer by 2027, setting the stage for the next wave of quantum innovation. https://lnkd.in/eEYuzF-S #QuantumComputing #QuantumLeap #PsiQuantum #Photonics

🔴 #Mindblowing #Quantum #Chip 🔶️ As I keep telling you, Quantum Computing is going to blow our minds and reinvent everything very soon. 🔶️ Google has built a small (only 4cm-square) quantum chip that takes just 5 minutes to complete tasks that would take 10,000,000,000,000,000,000,000,000 years (that’s 10 septillion years) for the fastest conventional computers to complete. 🔶️ The results came from a new chip called Willow that has 105 qubits. (image in comment) #innovation #technology #future #trends

Will combining Quantum processing power and AI lead the 4th industrial revolution?

Breakthrough in quantum computing! Quantum Computers work with 'qubits'. So far general wisdom was: The more qubits the more powerful. But also more qubits lead to more errors. With its Willow Quantum Computer Google has introduced a new design where more qubits reduce the error rate! A critical step towards scaling this type of computing.

Google's latest quantum chip, "Willow," represents a leap forward in quantum computing, solving problems in minutes that would take classical supercomputers trillions of years. While this milestone highlights progress, experts caution that Willow is still experimental, with practical quantum computing applications years away. What makes Willow stand out is its ability to reduce error rates as more qubits are added—a breakthrough in tackling one of quantum computing's biggest challenges. Hartmut Neven, head of Google's Quantum AI lab, sees applications ranging from drug discovery to designing better batteries and even aiding nuclear fusion research. However, quantum computing won't replace classical systems but will complement them for specific tasks, like optimizing logistics or enhancing encryption. As nations like the UK ramp up investments in quantum research, the race to unlock its full potential is accelerating. For now, Willow is a step on the path to building practical, large-scale quantum systems that could revolutionize industries and redefine computational possibilities. https://lnkd.in/djh-HkNv #QuantumComputing #Qubits #IP #VC #Patents #DeepTech

In recent quantum computing news: Noise Fuels Quantum Leap, Boosting Qubit Performance by 700% Summary: Scientists worldwide, particularly from the Niels Bohr Institute (NBI), have developed a novel method, detailed in Nature Communications, that leverages noise to improve the functionality of quantum systems, resulting in a 700% boost in qubit performance. This strategy employs real-time noise monitoring and adaptation using FPGA (Field-Programmable Gate Array) technology and machine learning, allowing qubits to process more information. This interdisciplinary effort, supported by EU funding and involving multiple institutions and companies, marks a significant advancement in quantum computing, with potential for broader application across various qubit systems. Why is this important? The development is significant because it introduces a groundbreaking approach that uses noise to enhance qubit performance by 700%, leverages FPGA technology for real-time adaptation, emphasizes the importance of interdisciplinary and international collaboration, and opens new avenues for quantum computing research, marking a critical advancement in the field. https://lnkd.in/gq7fwNZ4 #quantumcomputing #quantumtechnology #cybersecurity #InnovationInTech #qubit

🚀 Quandela has unveiled its 2024-2030 roadmap, with a clear goal of achieving fault-tolerant quantum computingby 2030. The first logical qubits are expected to be ready by 2025, with plans for industrial-scale quantum computer assembly by 2028. The company’s approach, which focuses on integrated photonics, aims to be more efficient and scalable than competing technologies, utilizing far fewer components to reach its objectives. Additionally, Quandela plans to launch a second quantum computer factory by 2027. Read more: https://lnkd.in/eezjzuAS #Quandela #QuantumComputing #Roadmap #Photonics

New Interface Uses Light to Scale Up Quantum Computers A startup in England, Nu Quantum, has developed a quantum version of a network interface card designed to interconnect quantum processors, aiming to overcome the challenges of scaling up quantum computers. Current quantum computers rely on qubits, which can exist in a superposition state, allowing them to perform multiple calculations at once. However, the delicate nature of quantum entanglement and superposition makes it difficult to scale quantum processors. Nu Quantum's innovation uses a qubit-photon interface that enables smaller, modular quantum processors to be networked together, rather than attempting to build massive, monolithic quantum computers. The company’s approach focuses on entangling qubits with photons to transfer quantum information at high speeds, potentially revolutionizing the scalability of quantum computing, with future applications also in quantum sensors and communication networks. https://lnkd.in/e8gvcpXr