Welcome to this edition of Quantum Computing News Digest from GooglyTech!

We unpack important news in this issue from the Quantum space including -

• the much-pondered question about market myth vs. reality 
• Quantum Music for your listening pleasure 
• Rigetti’s announcements from its first Investor Day 
• Technology developments from Toshiba, Toppan, BlueQat

We hope as you read this digest, you are doing this with Professor Eduardo Reck Miranda's Quantum computing-generated music playing in the background (see below).

As with any new exciting technology markets taking shape, the hype cycle tends to run into reality headwinds requiring the market space to reset every now and then, but hopefully grow on an accelerated trajectory eventually. 

So where are we with Quantum Computing? Some data points and projections to consider –

• According to Crunchbase data – in 2021, VC-backed quantum startups raised over $823 million which was a 70 percent increase from 2020.
• A larger driver for investment has been public and government funding in the quantum computing space. McKinsey estimates that there is about $30.3 Billion... READ MORE

Professor Eduardo Reck Miranda is a faculty at the University of Plymouth with research interests in Computer Music, AI, Quantum Computing among other areas. He has composed music using Quantum Computing. 

Please listen to Ludovico Quanthoven – 4 original compositions created using Quantum Computing as you are reading our newsletter...see more here

Rigetti held its first Investor Day on September 16, 2022 in San Francisco, Bay Area. Rigetti announced an expansion of its Fab-1 facility. Build-out will include an additional 5,000 square feet – nearly doubling its original capacity. Here are some interesting product-related announcements from the event that heralds upcoming innovation and market synergies... READ MORE

• Toshiba researchers have devised a double-transmon coupler, the world's first tunable coupler that can both completely turn off coupling and operate the two qubit gates at high speed for two fixed-frequency transmon qubits with significantly different frequencies.

• Toppan presented 2 papers at the IEEE International Conference on Quantum Computing and Engineering (QCE) –
  • “The first paper on optical quantum computing delves into a new method of computation ... READ MORE