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Quantum Machines raises $170M to accelerate adoption of quantum computing


Quantum Machines has raised $170 million in funding to accelerate quantum computing and improve its advanced quantum control solutions.

2024 has marked a watershed moment in quantum computing, with breakthrough achievements across the industry laying down fundamental building blocks: Google’s Willow chip demonstrated a strong performance enhancement at the hardware level, multiple companies joined IBM in surpassing 1,000 qubits, and researchers, led by Google’s groundbreaking demonstration, made great strides in quantum error correction implementation. Our platform uniquely integrates all these capabilities, enabling teams to rapidly go from innovations in their laboratories to deployment in data centers.” “This significant investment is a testament to the strength of our business model and growth trajectory,” said Nir Ackerman, CFO at Quantum Machines, in a statement.

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