UKQuantum appoints Jonathan Legh-Smith as Executive Director

UKQuantum, the trade association providing the voice of UK quantum industry, has appointed Jonathan Legh-Smith as Executive Director.  UKQuantum’s mission is to:  Unite the UK quantum industry with one voice; Champion the industry within Government and internationally while advising on interventions and policies that will advance the UK quantum industry; and Promote the adoption and […]

Japanese Banking Giant Makes Strategic Quantum Investment

Insider Brief MUFG Bank has made a strategic investment in Groovenauts, a Japanese quantum startup, Nikkei reports. Groovenauts uses quantum annealing technology, particularly to help solve optimization problems. MUFG Bank reportedly purchased 18% of Groovenauts’ outstanding shares, worth several billion yen. MUFG Bank, one of Japan’s largest financial institutions, has made a strategic investment in […]