Rigetti Axes 28% Staff as Quantum Computing Companies Face Financial Pressure

February 13, 2023

The axe has come down on quantum computing firm Rigetti, which laid off 28 percent of its staff on Monday. The company also switched to a more conservative p Read more…

Qubits23 – D-Wave Asserts the Quantum Wait Is Over

January 18, 2023

At yesterday’s opening keynote to D-Wave Systems’ annual Qubits23 conference, CEO Alan Baratz took a broad swipe at the gate-based quantum computing communi Read more…

Survey Results: PsiQuantum, ORNL, and D-Wave Tackle Benchmarking, Networking, and More

September 19, 2022

The are many issues in quantum computing today – among the more pressing are benchmarking, networking and development of hybrid classical-quantum approaches. Read more…

D-Wave to Go Public with SPAC Deal; Expects ~$1.6B Market Valuation

February 8, 2022

Quantum computing pioneer D-Wave today announced plans to go public via a SPAC (special purpose acquisition company) mechanism. D-Wave will merge with DPCM Capital in a transaction expected to produce $340 million in cash and result in a roughly $1.6 billion initial market valuation. The deal is expected to be completed in the second quarter of 2022 and the new company will be traded on the New York Stock... Read more…

Multiverse Targets ‘Quantum Computing for the Masses’

January 19, 2022

The race to deliver quantum computing solutions that shield users from the underlying complexity of quantum computing is heating up quickly. One example is Multiverse Computing, a European company, which today launched the second financial services product in its Singularity product group. The new offering, Fair Price, “delivers a higher accuracy in fair price calculations for financial... Read more…

Qubit Stream: Monte Carlo Advance, Infosys Joins the Fray, D-Wave Meeting Plans, and More

September 23, 2021

It seems the stream of quantum computing reports never ceases. This week – IonQ and Goldman Sachs tackle Monte Carlo on quantum hardware, Cambridge Quantum pu Read more…

Canada Carves Out $40 Million for D-Wave in Quantum Investment Push

March 11, 2021

The government of Canada today announced it is making a $40-million contribution to quantum heavyweight D-Wave Systems Inc. as part of a larger $120 million inv Read more…

D-Wave Delivers 5000-qubit System; Targets Quantum Advantage

September 29, 2020

D-Wave today launched its newest and largest quantum annealing computer, a 5000-qubit goliath named Advantage that features 15-way qubit interconnectivity. It a Read more…

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Why IT Must Have an Influential Role in Strategic Decisions About Sustainability

In this era, expansion in digital infrastructure capacity is inevitable. Parallel to this, climate change consciousness is also rising, making sustainability a mandatory part of the organization’s functioning. As computing workloads such as AI and HPC continue to surge, so does the energy consumption, posing environmental woes. IT departments within organizations have a crucial role in combating this challenge. They can significantly drive sustainable practices by influencing newer technologies and process adoption that aid in mitigating the effects of climate change.

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How Direct Liquid Cooling Improves Data Center Energy Efficiency

Data centers are experiencing increasing power consumption, space constraints and cooling demands due to the unprecedented computing power required by today’s chips and servers. HVAC cooling systems consume approximately 40% of a data center’s electricity. These systems traditionally use air conditioning, air handling and fans to cool the data center facility and IT equipment, ultimately resulting in high energy consumption and high carbon emissions. Data centers are moving to direct liquid cooled (DLC) systems to improve cooling efficiency thus lowering their PUE, operating expenses (OPEX) and carbon footprint.

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