Silicon Quantum Computing

Silicon Quantum Computing (SQC) is one of six startups awarded a share of $12.3 million in quantum technology grants. The funding is aimed at supporting the development of quantum computing capabilities among early-stage companies. Details on the individual grant amounts and the other five recipients were not immediately available, but the package signals continued public investment in the quantum sector.

Silicon Quantum Computing and Schneider Electric have announced progress in energy grid forecasting using Watermelon, a quantum-enhanced AI system. The collaboration aims to improve prediction of electricity demand and grid load by combining quantum computing techniques with AI models. The announcement highlights growing interest in applying quantum technology to practical energy management challenges faced by utilities.

Australian quantum computing company Diraq has announced plans to establish a research and development laboratory in New Mexico, United States. The move expands the silicon-based quantum chip developer's footprint into the US, a country investing heavily in quantum technology. Details on the lab's size, timeline and staffing have not been widely reported yet.