Universal Quantum raises $4.6 million for quantum computing moonshot - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Here's an exclusive look at the pitch deck used by Universal Quantum to raise $4.5 million to take on Google and build the 1-million qubit computer

British quantum computing startup Universal Quantum has emerged from stealth to announce a £3.6 million seed round.

The University of Sussex spinout has emerged from stealth to announce its ambition to build a 1-million qubit quantum computer and test whether the tech might solve some of humanity's biggest challenges. In traditional computing, information is encoded in bits that are only one of two values at any one time, usually represented as 0 or 1, on or off. Quantum computing operates in the realm of quantum mechanics, a mysterious branch of physics that famously. And it doesn't rely on bits, but a unit called a qubit which can be in two states simultaneously.

Universal Quantum says it has developed tech based on trapped ions. "You use individual charged atoms and you encode information inside of them, so each atom becomes a qubit," said Weidt, adding that the qubits are in a vacuum system with cool technology and there is no need for giant refrigerators.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

shonaghosh Damn, I went to school with Seb. Smart, lovely bloke.

Man I can’t even read your articles why do I even follow... unfollowed

bonface_kaberia

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside Sallie Krawcheck's Ellevest: Assets trail digital wealth rivals - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Is it discriminating to say that with 80 mil under mgmt she is rather a failure?
Source: BusinessInsider - 🏆 729. / 51 Read more »

PRESENTING: An inside look at winners and losers of fitness industry - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside the hospital at Javits Center, from Navy Reserve officer - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Microsoft expect 70 bln. Income from RAM OS cartridge Windows sales ( which increase stability and security of OS)
Source: BusinessInsider - 🏆 729. / 51 Read more »

Chris Cox returns to Facebook, raising questions on his dispute with Zuckerberg - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. unfriendfacebook Unless Russian and Chinese influence are removed from Facebook, it’s just more of the same.. There's a level of arrogance associate with that 'title' that does my head in.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Warren Buffett loaned $300 million to Harley-Davidson in 2009 crisis - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. It says right there in the title, he loaned them 300M... Dementia This is one of those brands that would have zero impact on humanity if it were to disappear completely.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Facebook's refusal to remove a post by Trump still won't hurt its ad business - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. true. but its' worth retweeting to see how 45 thinks of the protesting and protestors, and to remind American ppl of his way of thinking.
Source: BusinessInsider - 🏆 729. / 51 Read more »