QuamCore Emerges From Stealth With $9 Million to Build a Quantum Computer

QuamCore Emerges From Stealth With  Million to Build a Quantum Computer
Summary: Israeli startup QuamCore aims to disrupt the quantum computing industry with a patented architecture that can integrate one million qubits within a single compact cryostat. Founded in 2022 and led by a team of experienced professionals, the company seeks to overcome critical scaling challenges that current leaders like IBM and Google face. Their innovative approach promises to forge a path toward fault-tolerant quantum computing, albeit not ready for immediate production.

Affected: QuamCore, IBM, Google

Keypoints :

  • QuamCore has developed a unique architecture enabling 1 million qubits in a single cryostat, solving major quantum scaling issues.
  • Founded by experts including Alon Cohen, the company focuses on fault-tolerant quantum computation rather than just increasing the number of qubits.
  • The million in seed funding reflects investor confidence in QuamCore’s potential to become a significant player in the quantum race.

Source: https://www.securityweek.com/quamcore-emerges-from-stealth-with-9-million-to-build-a-quantum-computer/