IBM just bought a quantum bet it doesn’t build. Days later, the payoff hit Nature.
IBM just bought a quantum bet it doesn’t build. Days later, the payoff hit Nature.

Six days ago, IBM agreed to buy a quantum-computing lab that builds a kind of qubit IBM does not. This week, the lab showed the world why. HRL Laboratories published a result in Nature on Wednesday: a silicon quantum processor that, in effect, runs its…

ZuriQ raises $25.5M to scale its 2D quantum architecture
ZuriQ raises $25.5M to scale its 2D quantum architecture

ZuriQ, a Swiss quantum computing company spun out of ETH Zürich, has raised $25.5 million in a seed round to scale the trapped-ion processors it is building on a new two-dimensional architecture. The money builds on the $4.2 million pre-seed round the …

Pasqal’s SPAC filings reveal a $2bn French quantum bet, and a French kill switch
Pasqal’s SPAC filings reveal a $2bn French quantum bet, and a French kill switch

France’s Pasqal is heading to Nasdaq at a $2bn valuation, roughly 100 times its revenue. Its own filings spell out two things. Quantum computing might never pay off. And Paris can veto who owns the company. Pasqal, the French quantum-computing firm, is…

Trump signs orders calling for a powerful quantum computer by 2028
Trump signs orders calling for a powerful quantum computer by 2028

Two executive orders set a research-grade target, push the post-quantum cryptography deadline to 2031, and tie $2bn in grants to government equity stakes. President Donald Trump signed two executive orders on quantum computing on 22 June 2026, the firs…

PsiQuantum breaks ground in Australia on what it says will be the world’s first utility-scale quantum computer
PsiQuantum breaks ground in Australia on what it says will be the world’s first utility-scale quantum computer

PsiQuantum has broken ground on a facility in Moreton Bay, Queensland, where it plans to build and deploy what it calls the world’s first utility-scale, fault-tolerant quantum computer. The site will eventually hold tens of thousands of photonic quantu…

IQM adds a Vanguard board director to its bench as Europe’s first quantum Nasdaq listing approaches
IQM adds a Vanguard board director to its bench as Europe’s first quantum Nasdaq listing approaches

IQM Quantum Computers, the Finnish maker of superconducting quantum systems, has appointed Barbara Venneman to its board of directors as the company approaches what would be the first Nasdaq listing by a European quantum computing company. Venneman cur…

Quantinuum prices its IPO at $1.68bn, setting a new bar for quantum
Quantinuum prices its IPO at $1.68bn, setting a new bar for quantum

The marketed range was $53 to $55. Quantinuum priced at $60. That gap, the willingness of investors to pay above what the bankers asked, is the real news in the Honeywell-backed company’s initial public offering, which raised $1.68bn and set a valuatio…

France’s Quobly raises €115M to put a quantum computer on a silicon chip
France’s Quobly raises €115M to put a quantum computer on a silicon chip

Most quantum-computing startups ask the world to build them an entirely new industry: exotic materials, bespoke fabrication, supply chains that do not yet exist. Quobly is making a quieter bet. The Grenoble company thinks the path to a useful quantum m…

Microsoft used agentic AI to make its quantum chip 1,000 times more reliable, then cut its timeline to a scalable quantum computer in half
Microsoft used agentic AI to make its quantum chip 1,000 times more reliable, then cut its timeline to a scalable quantum computer in half

Microsoft has unveiled Majorana 2, a next-generation topological quantum chip whose qubits are 1,000 times more reliable than those in the first Majorana chip introduced last year. The improvement is so significant that Microsoft has cut its timeline f…

IBM is up 30% in a month as Barclays says its software business is the antidote to the SaaSpocalypse
IBM is up 30% in a month as Barclays says its software business is the antidote to the SaaSpocalypse

IBM stock surged 10% on Monday after Barclays initiated coverage with an overweight rating and a $350 price target, roughly 11% above the opening price. The jump extends a run that has seen IBM gain nearly 30% in May alone, its best monthly performance…