Quantum Computing

On Tuesday, D-Wave, Rigetti, Quantinuum, and PsiQuantum each locked in awards of up to $100 million under the CHIPS and Science Act. GlobalFoundries said the same day that it had closed its three hundred and seventy-five million dollar quantum foundry agreement. The cash comes from a May 21 package of $2.013 billion across nine companies. IBM and GlobalFoundries were picked to build wafer and chi…

Quantum Zeitgeist
4d ago

IonQ reports a 20,000-physical-qubit quantum computer could break secp256k1, the cryptographic standard securing Bitcoin, in under 26 days. This estimate, detailed in a newly published paper, significantly accelerates timelines for potential cryptographic vulnerability previously projected for the 2030s. IonQ’s research team optimized the algorithm, compiler, hardware, and error-correction layer …

On the morning of 3 September 2026, Eric Lu posted a 130-digit integer on X and added four words: divides RSA-260. Eric apparently factored it, but we still do not know exactly how and are still waiting for an update. That was the paper. No lab announcement, no runtime, no cluster size. By afternoon, people had divided the published modulus on laptops, both factors had passed primality tests, and…

Between 1811 and about 1816, textile workers in the English Midlands and the North already worked at knitting frames that had existed since the 1500s. They rented them, paid the rent when orders were thin, and sold the work back to a clothing merchant. This way of working remained dominant until the rise of manufacturing models, or rather textile machines, that reduced the need for human interact…

Quantum Zeitgeist
10d ago

Five years ago this month, a quantum company rang the opening bell on a US exchange for the first time. That company was Arqit, a British quantum encryption firm briefly valued at close to $3 billion, now valued considerably less. Seven pure-play quantum computing companies have followed it onto American markets since, and between them they have produced a five-year record that deserves closer in…

An Oxford physicist argues Hilbert space is discrete and that Shor’s algorithm loses its advantage somewhere between 200 and 1,000 qubits. Musk’s nine-word reply on X sent the claim round the crypto press this weekend, and IBM’s 2029 machine will test it.

Pasqal is now a public company. The French neutral-atom developer began trading on Nasdaq on Friday, 28 August, under the ticker PSQL, with its warrants listed as PSQLW, and the shares closed the first session at 19.11 dollars, up from a reference price under 10 dollars for the shell it merged into. That is a near doubling on day one, a 2 billion dollar valuation on 16.5 million euros of 2025 rev…

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