Atom Computing raises over $300 million for fault-tolerant quantum computers
The funding includes a $100M Series C led by Third Point Ventures and a planned $100M from the U.S. Department of Commerce.
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Gate-based neutral-atom quantum computer developer
atom-computing.comLast updated
In short: Atom secured over $300 million in funding and achieved significant technical milestones in fault-tolerant quantum computing and error correction.
The funding includes a $100M Series C led by Third Point Ventures and a planned $100M from the U.S. Department of Commerce.
They achieve up to 90 cycles of syndrome extraction with mid-circuit measurement and qubit reloading, showing logical error rates consistent with sub-threshold behavior.
The funding from the CHIPS Act will accelerate fault-tolerant quantum computing development.
The MOU explores linking neutral-atom quantum computers via quantum networks for scalable distributed systems. It combines Cisco's networking expertise with Atom's hardware.
Atom Computing raises $300M to build world's first fault-tolerant, commercially viable quantum computer - SiliconANGLE...
Quantum computing firm Atom Computing has secured new funding. The company this week announced it has raised a total funding of more than $300 million...
Atom Computing has built a neutral-atom quantum processor containing 1,225 qubits, making it one of the largest qubit arrays demonstrated to date. The system uses...
And quantum computing, which carries the promise of processing power multiples beyond conventional...
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