Technology that matters

Quantum Computing

Microsoft Uses Quantum Data to Train AI for Ultra-Fast Chemistry

What Happened Microsoft Quantum, working with Pacific Northwest National Laboratory (PNNL), has developed a revolutionary approach to computational chemistry that merges quantum computing accuracy with AI speed. The team successfully screened 32 million potential battery material candidates in under a week—a process that would have taken approximately 20 years using conventional computational methods. The breakthrough centers on what researchers call “bending Jacob’s Ladder,” a reference to physicist John P. Perdew’s 2001 metaphor for computational chemistry complexity.

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Scientists Create Ultra-Efficient Light Traps Using Highway Design

What Happened CU Boulder researchers have engineered what they call microscopic “racetracks” - optical resonators that trap light using smooth, curved pathways inspired by highway design. These devices are made from chalcogenide glass and fabricated with sub-nanometer precision, achieving performance levels that rank among the best in their class. The key innovation lies in the geometry: instead of using sharp corners that cause energy loss when light bounces around, the team designed smooth curves that minimize energy dissipation.

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Finnish Quantum Computing Unicorn IQM Plans $1.8B Public Debut

What Happened IQM Quantum Computers, based in Espoo, Finland, revealed its intention to go public via SPAC merger in February 2026, with an estimated valuation of $1.8 billion. The company specializes in superconducting quantum processors and provides both quantum hardware systems and cloud-based quantum computing services to research institutions and enterprises. Founded in 2018, IQM has established itself as Europe’s leading quantum computing company, developing quantum processors for both on-premises installations and cloud access.

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Quantum VC Fund Doubles to $260M Despite 'Quantum Winter' Fears

What Happened Quantonation Ventures, founded in 2019 as Europe’s first quantum-focused VC firm, successfully raised €220 million for its second fund—a significant increase from its inaugural €91 million fund closed in 2020. The fund was oversubscribed, meaning investor demand exceeded the firm’s initial target, indicating strong institutional appetite for quantum investments. The timing is particularly noteworthy given the broader technology funding slowdown and growing skepticism around quantum computing’s commercial timeline. While many tech sectors have seen reduced investment activity, Quantonation’s success suggests quantum technologies maintain investor confidence at the institutional level.

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