Dynex Targets 25% Market Share in Quantum Computing by 2034
Dynex has announced a 10-year plan to transition from GPU emulation to silicon quantum chips, aiming for 25% market share by 2034. The strategy includes the launch of the Apollo Silicon Quantum Chip in 2025, scaling to 1 million qubits over the decade. A $50 million venture capital round will support the company’s growth and partnerships across industries.
Qunova’s HiVQE Algorithm Achieves Chemical Accuracy on NISQ Systems
Qunova Computing’s HiVQE algorithm achieved chemical accuracy across multiple quantum systems, marking significant progress in quantum chemistry. Tested on IQM, IBM, and AQT processors, the solution demonstrated hardware-agnostic performance. With fewer qubits required, Qunova’s algorithm offers a practical path toward quantum advantage in chemical computations.