Photonic Emerges from Stealth with $100M Investment
Photonic, a Canadian quantum computing company, has come out of stealth mode and secured a $100 million investment for its all-silicon quantum computing platform. The funding includes support from new partner Microsoft, which will collaborate with the startup to develop quantum networking solutions.
Industry Praises Photonic’s Approach
Experts in the field have praised Photonic’s innovative approach to quantum computing as a “breakthrough” for the industry. The company’s technique involves using silicon spin qubits with a spin-photon interface to build quantum computers. This means that Photonic’s computers utilize qubits made of light to perform quantum computations on silicon hardware.
Quantum Computing Explained
In classical computing, bits are used to perform calculations, represented as ones and zeros. However, qubits in quantum computing can tap into exotic features of quantum physics called “superposition” and “entanglement,” allowing them to compute in ways that are impossible for binary bits.
A spin qubit takes this a step further by incorporating electron spin. By developing a qubit with a photonic spin interface in an all-silicon hardware solution, Photonic believes it has made significant progress in quantum computing.
Partnership with Microsoft
Stephanie Simmons, founder and Chief Quantum Officer of Photonic, anticipates bringing a fault-tolerant, fully-functional quantum networking system to market within the next five years. The partnership with Microsoft is expected to help expedite this timeline by leveraging their global infrastructure and Azure cloud platform.
“We’re incredibly excited to be partnering with Microsoft to bring forth these new quantum capabilities. Their extensive global infrastructure, proven platforms, and the remarkable scale of the Azure cloud make them the ideal partner to unleash the transformative potential of quantum computing and accelerate innovation across the quantum computing ecosystem.”
Hot Take: Photonic’s Silicon Quantum Computing
The emergence of Photonic from stealth mode and the partnership with Microsoft represent significant advancements in the field of quantum computing. With its all-silicon approach and innovative use of spin qubits and photon interfaces, Photonic is poised to revolutionize the industry and bring about transformative changes in computing technology.
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