TechTaffy

tech:

taffy

IBM to deploy next-generation quantum computer at RIKEN in Japan

By TechTaffy Desk

IBM has announced an agreement with RIKEN, a Japanese national research laboratory, to deploy IBM’s quantum computer architecture and quantum processor at the RIKEN Center for Computational Science in Kobe, Japan. This quantum computer will be co-located with the Fugaku supercomputer.

The agreement is part of RIKEN’s project, funded by the New Energy and Industrial Technology Development Organization (NEDO) under Japan’s Ministry of Economy, Trade and Industry (METI). RIKEN has dedicated use of an IBM Quantum System Two architecture for the project.

IBM Quantum System Two, which will be deployed at RIKEN and integrated with Fugaku, includes IBM’s plans to introduce its quantum computing architecture, combining cryogenic infrastructure, quantum control electronics, and system software to deliver quantum computing services alongside traditional HPC services.

The system will be powered by a 133-qubit ‘IBM Quantum Heron’ processor, the first in a new series of quantum processors from IBM.

RIKEN, along with SoftBank, University of Tokyo, and Osaka University, aim to demonstrate the advantages of hybrid computational platforms for deployment as services in the future post-5G era, according to IBM. IBM will work on developing software for generating and executing integrated quantum-classical workflows in the hybrid computing environment. These capabilities will focus on improving algorithm quality and execution times.

[Image courtesy: IBM]

Just in

Series A

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.
Around the web

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 
Fundings

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.
Around the web

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 
IT

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.