Trump signs orders calling for a powerful quantum computer by 2028
Trump signs orders calling for a powerful quantum computer by 2028

Two executive orders set a research-grade target, push the post-quantum cryptography deadline to 2031, and tie $2bn in grants to government equity stakes. President Donald Trump signed two executive orders on quantum computing on 22 June 2026, the firs…

PsiQuantum breaks ground in Australia on what it says will be the world’s first utility-scale quantum computer
PsiQuantum breaks ground in Australia on what it says will be the world’s first utility-scale quantum computer

PsiQuantum has broken ground on a facility in Moreton Bay, Queensland, where it plans to build and deploy what it calls the world’s first utility-scale, fault-tolerant quantum computer. The site will eventually hold tens of thousands of photonic quantu…

PsiQuantum breaks ground in Australia on what it says will be the world’s first utility-scale quantum computer
PsiQuantum breaks ground in Australia on what it says will be the world’s first utility-scale quantum computer

PsiQuantum has broken ground on a facility in Moreton Bay, Queensland, where it plans to build and deploy what it calls the world’s first utility-scale, fault-tolerant quantum computer. The site will eventually hold tens of thousands of photonic quantu…

IQM adds a Vanguard board director to its bench as Europe’s first quantum Nasdaq listing approaches
IQM adds a Vanguard board director to its bench as Europe’s first quantum Nasdaq listing approaches

IQM Quantum Computers, the Finnish maker of superconducting quantum systems, has appointed Barbara Venneman to its board of directors as the company approaches what would be the first Nasdaq listing by a European quantum computing company. Venneman cur…

Quantinuum prices its IPO at $1.68bn, setting a new bar for quantum
Quantinuum prices its IPO at $1.68bn, setting a new bar for quantum

The marketed range was $53 to $55. Quantinuum priced at $60. That gap, the willingness of investors to pay above what the bankers asked, is the real news in the Honeywell-backed company’s initial public offering, which raised $1.68bn and set a valuatio…

France’s Quobly raises €115M to put a quantum computer on a silicon chip
France’s Quobly raises €115M to put a quantum computer on a silicon chip

Most quantum-computing startups ask the world to build them an entirely new industry: exotic materials, bespoke fabrication, supply chains that do not yet exist. Quobly is making a quieter bet. The Grenoble company thinks the path to a useful quantum m…

Microsoft used agentic AI to make its quantum chip 1,000 times more reliable, then cut its timeline to a scalable quantum computer in half
Microsoft used agentic AI to make its quantum chip 1,000 times more reliable, then cut its timeline to a scalable quantum computer in half

Microsoft has unveiled Majorana 2, a next-generation topological quantum chip whose qubits are 1,000 times more reliable than those in the first Majorana chip introduced last year. The improvement is so significant that Microsoft has cut its timeline f…

IBM is up 30% in a month as Barclays says its software business is the antidote to the SaaSpocalypse
IBM is up 30% in a month as Barclays says its software business is the antidote to the SaaSpocalypse

IBM stock surged 10% on Monday after Barclays initiated coverage with an overweight rating and a $350 price target, roughly 11% above the opening price. The jump extends a run that has seen IBM gain nearly 30% in May alone, its best monthly performance…

Quantinuum boosts its IPO to $1.46 billion as orders hit double-digit multiples of available shares
Quantinuum boosts its IPO to $1.46 billion as orders hit double-digit multiples of available shares

Quantinuum, the Honeywell-backed quantum computing company, has increased the size of its initial public offering to as much as $1.46 billion after demand from investors far exceeded the original allocation. The company is now offering 26.5 million sha…

QTREX is betting on the layer beneath quantum computing
QTREX is betting on the layer beneath quantum computing

The quantum computing industry has spent the last three years measured almost entirely in qubits. Willow’s 105. Nighthawk’s 120. The 540-qubit superconducting platform that integrated nearly 700 control lines into a single cryostat last year. The qubit…