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Primeur weekly 2019-07-15

Quantum computing

Quantum chemistry on quantum computers ...

Quantum computing: Forschungszentrum Jülich and Google announce research partnership ...

The best of both worlds: how to solve real problems on modern quantum computers ...

Rigetti Computing acquires QxBranch to expand full-stack capabilities ...

Focus on Europe

Pioneer satellites launched ...

Inauguration of the Minho Advanced Computing Centre - MACC - in Portugal ...

e-InfraCentral reports on successful EOSC community event in Tallinn ...

ISC High Performance announces David Keyes as 2020 Programme Chair ...

GCS Centres converge on Frankfurt for ISC19 ...

Gauss Centre for Supercomputing to open 22nd call for large-scale projects ...

Middleware

Argonne team breaks record for Globus Data Movement ...

Hardware

Verne Global joins NVIDIA DGX-Ready Data Center Programme as HPC & AI colocation partner ...

NSF funds Bridges-2 supercomputer at Pittsburgh Supercomputing Center ...

Mellanox Capital extends storage ecosystem with investments in CNEX Labs and Pliops ...

Ohio Supercomputer Center staff leading programmes at PEARC19 conference ...

Tachyum closes $25 million Series A round ...

Vantage Data Centers joins NVIDIA DGX-Ready Data Center Colocation Programme ...

World-class research centre opens in Palo Alto ...

Intel's Pohoiki Beach, a 64-chip neuromorphic system, delivers breakthrough results in research tests ...

Applications

SDSC's Comet supercomputer used to model graphene-water interaction ...

US Naval Research Laboratory 'connects the dots' for quantum networks ...

Deep learning-powered 'DeepEC' helps accurately understand enzyme functions ...

Targeting new treatments for concussions by transforming brain pathology ...

NERSC's Cori system reveals integral role of gluons in proton pressure distribution ...

CMU scientists use XSEDE-allocated resources to simulate improved battery components ...

AI Excellence in Europe: 50 million euro to bring world-class researchers together ...

The Cloud

IBM closes landmark acquisition of Red Hat for $34 billion and defines open, hybrid Cloud future ...

USFlash

Intel unveils new tools in its advanced chip packaging toolbox ...

Rigetti Computing acquires QxBranch to expand full-stack capabilities

11 Jul 2019 Berkeley, Washington - Rigetti Computing, a quantum start-up and pioneer in hybrid quantum-classical computing systems, has acquired QxBranch, a quantum computing and data analytics software start-up. The acquisition builds on Rigetti's full-stack strategy and expands the company's ability to deliver quantum algorithms, solutions, and services.

"Our mission is to deliver the power of quantum computing to our customers and help them solve difficult and valuable problems", stated Chad Rigetti, founder and C.E.O. of Rigetti Computing. "We believe we have the leading hardware platform, and QxBranch is the leader at the application layer. Together we can shorten the timeline to quantum advantage and open up new opportunities for our customers."

The QxBranch team will focus on building software development tools and applications and work with customers to implement specialized quantum algorithms. Michael Brett, C.E.O. of QxBranch, will join Rigetti as Senior Vice President of Applications. The QxBranch team will join Rigetti in a range of software engineering and application and business development roles.

"QxBranch is thrilled to join our colleagues at Rigetti and accelerate our work together. Since founding the company five years ago, we have worked hard to introduce our data analytics customers to the emerging potential of quantum computing and now we can offer even more with a combined hardware and software solution", stated Michael Brett.

The acquisition gives Rigetti a global presence and strong focus on client delivery. QxBranch employs an international team of software engineers and data scientists and operates in Washington, D.C., the United Kingdom, and Australia.

The deal was an all-equity transaction. QxBranch's interest in Envelop Risk Analytics was not included in the acquisition. Additionally, Dr. Ray O. Johnson, former Chief Technology Officer of Lockheed Martin and current Chair of the Board at QxBranch, will join Rigetti's board as an independent director.

"Over the past five years, QxBranch has established itself as a leader in the identification and development of applications for quantum computing technologies. Joining Rigetti's team of talented engineers and scientists will reinforce and accelerate our efforts to create solutions for complex business problems that will leverage ongoing quantum computing developments. We are thrilled to help make a great Rigetti team even stronger, as we continue our quantum computing efforts", stated Dr. Johnson.
Source: Rigetti Computing

Back to Table of contents

Primeur weekly 2019-07-15

Quantum computing

Quantum chemistry on quantum computers ...

Quantum computing: Forschungszentrum Jülich and Google announce research partnership ...

The best of both worlds: how to solve real problems on modern quantum computers ...

Rigetti Computing acquires QxBranch to expand full-stack capabilities ...

Focus on Europe

Pioneer satellites launched ...

Inauguration of the Minho Advanced Computing Centre - MACC - in Portugal ...

e-InfraCentral reports on successful EOSC community event in Tallinn ...

ISC High Performance announces David Keyes as 2020 Programme Chair ...

GCS Centres converge on Frankfurt for ISC19 ...

Gauss Centre for Supercomputing to open 22nd call for large-scale projects ...

Middleware

Argonne team breaks record for Globus Data Movement ...

Hardware

Verne Global joins NVIDIA DGX-Ready Data Center Programme as HPC & AI colocation partner ...

NSF funds Bridges-2 supercomputer at Pittsburgh Supercomputing Center ...

Mellanox Capital extends storage ecosystem with investments in CNEX Labs and Pliops ...

Ohio Supercomputer Center staff leading programmes at PEARC19 conference ...

Tachyum closes $25 million Series A round ...

Vantage Data Centers joins NVIDIA DGX-Ready Data Center Colocation Programme ...

World-class research centre opens in Palo Alto ...

Intel's Pohoiki Beach, a 64-chip neuromorphic system, delivers breakthrough results in research tests ...

Applications

SDSC's Comet supercomputer used to model graphene-water interaction ...

US Naval Research Laboratory 'connects the dots' for quantum networks ...

Deep learning-powered 'DeepEC' helps accurately understand enzyme functions ...

Targeting new treatments for concussions by transforming brain pathology ...

NERSC's Cori system reveals integral role of gluons in proton pressure distribution ...

CMU scientists use XSEDE-allocated resources to simulate improved battery components ...

AI Excellence in Europe: 50 million euro to bring world-class researchers together ...

The Cloud

IBM closes landmark acquisition of Red Hat for $34 billion and defines open, hybrid Cloud future ...

USFlash

Intel unveils new tools in its advanced chip packaging toolbox ...