TechTaffy

tech:

taffy

IonQ expands partnership with Air Force for quantum networking research

By TechTaffy Desk

Quantum computing company IonQ has inked a new agreement with the Air Force Research Lab (AFRL) to deliver two trapped ion quantum computing systems. The systems will be deployed at AFRL’s facility in Rome, N.Y. Financial details of the deal were not disclosed.

In the broader context, the partnership aligns with the U.S. federal government’s commitment to the development of quantum technology, evident from Congress’ 2018 establishment of the National Quantum Initiative (NQI). The NQI is an interagency program that provides funding for quantum R&D. This contract comes one year after a previous agreement between IonQ and AFRL, which provided the research lab with access to IonQ’s trapped ion technology.

IonQ recently reported a record $28 million in bookings for the second quarter of 2023. The company also signed a contract with Switzerland-based QuantumBasel to establish a European quantum data center.

[Image courtesy: IonQ]

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.