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Alice&Bob, A Quantum Computing Startup, Raises $30M To Launch Its First Fault Tolerant ‘Cat Qubit’ Computers In 2023

Mar 10, 2022•over 3 years ago

Amount Raised

$30 Million

SustainabilityConsumer Goods

Description

Quantum computing has been something of a holy grail in the world of technology: in theory, it promises an unprecedented amount of processing power that could be used to solve the most complicated problems; in practice, most attempts at building the physical manifestation of the concept produce too many errors as a byproduct to make quantum computers productive at scale. Now a startup out of France believes it has made a breakthrough to solve those issues, and it is announcing some funding to help it apply those advances to building machines it intends to launch next year.

Company Information

Company

Alice&Bob

About

Now a startup out of France believes it has made a breakthrough to solve those issues, and it is announcing some funding to help it apply those advances to building machines it intends to launch next year. Peronnin tells me that the startup’s next step — and the reason why it will be another year before we see any product announcements — is to work on using its cat qubit to reduce phase flips (the other type of fault). The work it has done so far has been extensive enough that Peronnin believes the startup has leaped ahead of many of the quantum efforts of other, much larger tech companies.

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