Intel to buy quantum software firm Classiq for about $2.3bn
Intel to buy quantum software firm Classiq for about $2.3bn

Intel has agreed to buy Classiq, an Israeli startup that makes software for programming quantum computers. The chipmaker announced the deal on Monday without giving a price, but it is worth about $2.3bn, Bloomberg reported, citing people familiar with …

US Treasury moves to curb AI, chip and biotech deals in China and Russia
US Treasury moves to curb AI, chip and biotech deals in China and Russia

“The proposed regulations would strengthen the existing Outbound Investment Security Program to prevent our adversaries from using U.S. investment to develop critical technologies that threaten U.S. national security,” Treasury Secretary Scott Bessent …

Madrid is getting its first quantum computer from Telefónica and IQM
Madrid is getting its first quantum computer from Telefónica and IQM

Telefónica and IQM Quantum Computers will install an IQM Spark at the Universidad Politécnica de Madrid before the end of 2026. It will be the first quantum computer in the Community of Madrid, the two companies said when they announced the deal on Fri…

Nvidia simulates 104-qubit fault-tolerant quantum computer on JUPITER
Nvidia simulates 104-qubit fault-tolerant quantum computer on JUPITER

Nvidia has simulated a 104-qubit quantum computer that can correct its own errors, using JUPITER, the supercomputer at Germany’s Jülich Supercomputing Centre. The company said it is the largest full simulation of such a machine so far. Qubits are the b…

Postquant Labs launches a virtual machine for different quantum computers
Postquant Labs launches a virtual machine for different quantum computers

Quantum computers don’t all work the same way, and that creates a problem for developers. Code written for one machine may need to be rewritten before it can run on another. Postquant Labs wants to change that. The US startup has launched the Quip Virt…

Exclusive: Coherence Quantum raises €2.78M to cut the heat inside quantum computers
Exclusive: Coherence Quantum raises €2.78M to cut the heat inside quantum computers

Think of a quantum computer as a very delicate machine that needs to operate in extreme cold. The processor is the part that does the actual computing, but it needs a lot of supporting equipment to work. The processor sits inside a special refrigerator…

IonQ to buy cybersecurity firm Elisity for up to $1.3bn in stock
IonQ to buy cybersecurity firm Elisity for up to $1.3bn in stock

IonQ has agreed to buy Elisity in an all-stock deal worth up to $1.3bn. Up to $150mn of that depends on how well Elisity does. The Maryland-based quantum computing company announced the deal on Monday. IonQ wants its security arm to guard against attac…

Pentagon offers PsiQuantum a conditional loan of up to $150m
Pentagon offers PsiQuantum a conditional loan of up to $150m

PsiQuantum has received a conditional commitment for a loan of up to $150 million from the US Department of War’s Office of Strategic Capital. The quantum computing company announced the commitment on Thursday. It is the second conditional loan from th…

Nvidia commits $1bn to US science over the next five years
Nvidia commits $1bn to US science over the next five years

Quantum computing, healthcare and energy security are the fields Nvidia wants to strengthen with commitments it values at $1 billion. The money will be spread over the next five years. The company announced the commitments on Thursday at the Science: A…

Oratomic reportedly hits $5.4bn as Gartner sees quantum revenue top $1bn
Oratomic reportedly hits $5.4bn as Gartner sees quantum revenue top $1bn

Quantum computing startup Oratomic has raised $475 million at a $5.4bn valuation, Isabelle Bousquette reported for The Wall Street Journal on Thursday. The round came three months after its Series A and lifted its valuation from $1.5bn. The same day, B…