{"id":7811,"date":"2022-02-25T11:19:23","date_gmt":"2022-02-25T11:19:23","guid":{"rendered":"https:\/\/www.hostingseekers.com\/blog\/?p=7811"},"modified":"2022-02-26T09:54:46","modified_gmt":"2022-02-26T09:54:46","slug":"ibm-invests-in-quantinuum","status":"publish","type":"post","link":"https:\/\/www.hostingseekers.com\/blog\/ibm-invests-in-quantinuum\/","title":{"rendered":"IBM Invests in Honeywell\u2019s Quantum Computing Firm Quantinuum"},"content":{"rendered":"<blockquote><p><span style=\"font-weight: 400;\">IBM announces Big Blue partnership with Honeywell\u2019s Quantum computing venture. The IT giant invested in <\/span><span style=\"font-weight: 400;\">Quantinuum<\/span><span style=\"font-weight: 400;\">, the quantum computing firm formed by <\/span><span style=\"font-weight: 400;\">Honeywell<\/span><span style=\"font-weight: 400;\"> and <\/span><span style=\"font-weight: 400;\">Cambridge Quantum Computing<\/span><span style=\"font-weight: 400;\">.<\/span><\/p><\/blockquote>\n<p><span style=\"font-weight: 400;\">This week, Quantum announced its agreement with <\/span><a href=\"https:\/\/www.ibm.com\/us-en\/\" rel=\"nofollow\"><span style=\"font-weight: 400;\">IBM<\/span><\/a><span style=\"font-weight: 400;\"> to expand the IBM Quantum Hub along with Cambridge Quantum Computing Limited. The agreement will provide access to the client to IBM\u2019s quantum computing systems, including IBM\u2019s recently announced 127 qubit processor, \u201cEagle\u201d, as well as to IBM\u2019s quantum expertise and the open-source quantum development kit Qiskit. This will help to drive and develop the quantum ecosystem.<\/span><\/p>\n<hr \/>\n<h2><b>IBM ventures strongly supported IBM\u2019s investment in Quantinuum.\u00a0<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Ilyas Khan, the Chief Executive Officer (CEO) at <a href=\"https:\/\/www.quantinuum.com\/\" rel=\"nofollow\">Quantinuum<\/a> said, <\/span><i><span style=\"font-weight: 400;\">\u201cWe are very excited to expand the access to IBM Quantum hardware and Qiskit. This will provide our clients with all the solutions developed for state-of-the-art quantum computing hardware\u201d.<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">He further added that the company continues to utilize a broad range of quantum processors including IBM, as they are the leaders of the superconducting quantum computers, which is a vital part of the growth in the capabilities of quantum computers. IBM has always been a great advocate to the company regarding the creation of a growing quantum ecosystem as well as an early investor in <a href=\"https:\/\/cambridgequantum.com\/\" rel=\"nofollow\">Cambridge Quantum<\/a> and now Quantinuum. The company is hopeful and looks forward to opening up a wide range of possibilities to further advance quantum computing industry applications.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The monetary details about IBM\u2019s investment in Quantinuum have not yet been disclosed.<\/span><\/p>\n<hr \/>\n<h2><b>Two Leaders &#8211; Honeywell Quantum Solutions and Cambridge Quantum Alliance\u00a0<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Quantum is an outcome of the alliance of two worldwide leaders in the quantum computing ecosystem: <a href=\"https:\/\/www.honeywell.com\/us\/en\" rel=\"nofollow\">Honeywell<\/a> Quantum Solutions and Cambridge Quantum.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This new investment by IBM, will accelerate the development of quantum computing and quantum technology innovation in order to deliver real-world quantum-enabled solutions for most of the difficult problems that can\u2019t be solved by classical computers.<\/span><\/p>\n<hr \/>\n<h4 id=\"047b\" class=\"ht hu dt hv b hw hx hy hz ia ib ic id ie if ig ih ii ij ik il im in io ip iq dl eq\"><em>If you enjoyed reading this news, you are surely going to cherish these too \u2013<\/em><\/h4>\n<ul>\n<li><a href=\"https:\/\/www.hostingseekers.com\/blog\/russia-ukraine-conflict\/\">Is Global Economy at Stake as Conflict Looms In Ukraine? Let\u2019s find out<\/a><\/li>\n<li><a href=\"https:\/\/www.hostingseekers.com\/blog\/ovhcloud-introduces-high-performance-data-storage\/\">Latest High-Performance Object Storage Solution Introduced By OVHcloud<\/a><\/li>\n<li><a href=\"https:\/\/www.hostingseekers.com\/blog\/commvault-released-metallic-dmaas-in-japan\/\">Major Cloud Event CloudFest 2022 Got A Go-Ahead To Start From March 22<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>IBM announces Big Blue partnership with Honeywell\u2019s Quantum computing venture. The IT giant invested in Quantinuum, the quantum computing firm&hellip; <a class=\"more-link\" href=\"https:\/\/www.hostingseekers.com\/blog\/ibm-invests-in-quantinuum\/\">Continue reading <span class=\"screen-reader-text\">IBM Invests in Honeywell\u2019s Quantum Computing Firm Quantinuum<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":7834,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[18,238],"tags":[],"class_list":["post-7811","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>IBM Invests In Quantinuum to accelerate the development of quantum computing.<\/title>\n<meta name=\"description\" content=\"IBM invested in Honeywell\u2019s 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