Core Insights - IBM is on track to achieve quantum advantage by the end of next year and fault-tolerant quantum computing by 2029 [1][2] - The company introduced a new quantum processor, Quantum Nighthawk, which can handle circuits with 30% higher complexity and will be delivered to users by the end of this year [1] - IBM's new quantum software has improved circuit accuracy by 24% while reducing extraction costs by over 100 times [1] Group 1 - IBM's Quantum Nighthawk processor features 120 qubits and connects through 218 next-generation tunable couplers, representing an increase of over 20% compared to IBM Quantum Heron [1] - The company is transitioning to a 300mm wafer fabrication facility to double the speed of quantum development and increase processor complexity by ten times [1] - IBM announced new experimental results in collaboration with partners like Algorithmiq and Flatiron Institute, leading to a new open community quantum advantage tracker [1] Group 2 - Jay Gambetta, IBM's research director, emphasized the company's unique position to rapidly innovate and scale quantum software, hardware, manufacturing processes, and error correction technologies [2] - IBM has recently entered the second phase of the DARPA quantum benchmarking program, indicating significant progress in its quantum computing efforts [2] - The stock price of IBM rose by 2.02% to $320.06 following these announcements [2]

Core Insights - The Basque Government and IBM have launched the first IBM Quantum System Two in Europe at the IBM-Euskadi Quantum Computational Center in San Sebastián, marking a significant milestone in their partnership initiated in 2023 under the BasQ initiative [1][2][11] Group 1: System Details - The IBM Quantum System Two is the second installation outside the US and is powered by a 156-qubit IBM Quantum Heron processor, designed for scalability and capable of executing utility-scale algorithms [3][10] - This system enhances the capabilities of the Basque Country in quantum computing, allowing for advanced research in materials science and high energy physics [5][9] Group 2: Strategic Importance - The Basque Government aims to position the region as a hub for quantum technologies, aligning with Europe's resilience and reindustrialization strategy [4][11] - The initiative is expected to attract talent, foster knowledge generation, and connect with other innovation ecosystems, enhancing competitiveness [4][12] Group 3: Research and Development - The collaboration has already yielded significant research outcomes in materials science and high energy physics, with expectations for further advancements as the ecosystem grows [5][7] - The center will support the development of new algorithms and applications in strategic sectors such as energy, biomedicine, and artificial intelligence, contributing to the IKUR 2030 vision [8][9] Group 4: Ecosystem and Training - The IBM-Euskadi Quantum Computational Center aims to build a robust quantum ecosystem in Southern Europe, promoting economic development and scientific collaboration [7][13] - Training programs are being developed to cultivate quantum talent in the Basque Country, enhancing educational opportunities in the field [14]

Core Insights - IBM has launched its first Quantum System Two outside the United States, co-located with RIKEN's supercomputer Fugaku in Japan, marking a significant milestone in quantum computing [1][4] - The IBM Quantum System Two is powered by the 156-qubit IBM Quantum Heron processor, which has demonstrated a two-qubit error rate of 3x10^-3, significantly improving performance over the previous generation [1][2] - The integration of quantum and classical computing systems aims to enhance research capabilities in advanced algorithms, particularly in fundamental chemistry problems [2][3] Company Developments - The IBM Quantum System Two was officially launched on June 24, 2025, during a ceremony attended by key figures from IBM and RIKEN, highlighting the collaboration between the two organizations [4][5] - The connection between IBM's quantum system and Fugaku allows for the development of hybrid workflows that leverage the strengths of both quantum and classical computing [3][5] Research and Innovation - The collaboration aims to discover algorithms that provide quantum advantage, enabling faster, cheaper, or more accurate solutions compared to classical methods [6] - Recent research featured in Science Advances demonstrates the potential of near-term quantum computers to model complex systems, such as the electronic structure of iron sulfides, which is crucial for various chemistry applications [6]

Core Insights - The Basque Government and IBM announced the installation of Europe's first IBM Quantum System Two at the IBM-Euskadi Quantum Computational Center in San Sebastian, Spain, expected to be completed by the end of 2025 [1][2][7] - This initiative is part of the BasQ program aimed at establishing the Basque Country as a leading technology hub, enhancing the region's quantum ecosystem [1][3][8] Group 1: Quantum Technology Deployment - The IBM Quantum System Two will be powered by the IBM Quantum Heron processor, which is capable of executing utility-scale algorithms and can expand to multiple processors in the future [2][7] - The installation aims to provide researchers and industry experts in Spain with advanced quantum technologies and tools for algorithm development, driving the quantum ecosystem towards achieving a quantum advantage within two years [5][9] Group 2: Economic and Educational Impact - The center will support the Basque Government's IKUR 2030 vision for quantum technologies, focusing on economic development, workforce building, and sustainability efforts [3][4] - The arrival of the IBM Quantum System Two is expected to enhance the scientific, technological, and innovation ecosystem in the Basque Country, facilitating high-level education programs and international collaborations [4][8] Group 3: Collaboration and Workforce Development - IBM and the Basque Government are collaborating on workforce programs to build world-class talent in quantum computing, promoting education and skill-building through immersive learning programs [9][12] - The center will serve as a hub for researchers from various institutions, enhancing the region's capacity for fundamental scientific research and increasing the number of quantum-trained professionals [8][9]