Israel Englander's Millennium Management bought roughly 2.27 million shares of D-Wave Quantum ( NYSE: QBTS) in late 2024 for approximately $16.4 million, according to a 24/7 Wall St. article published May 28, 2025. One year later, the verdict is clear: the billionaire was right on the thesis, but the stock chart since then resembles a rollercoaster missing a few safety bars.
The European Union's new Scaleup Europe Fund has made its first investment, leading a $160m round in UK-based Quantum Motion. The deal is the largest single funding round any European silicon-spin-qubit company has secured to date and the first major late-stage commitment of the EU vehicle that has been in design at the European Investment Fund for the better part of two years.
QTUM packages roughly 84 companies across the quantum and machine-learning supply chain, from chip equipment makers to defense contractors to early-stage hardware specialists, using a modified equal-weight method that caps single-name risk.
Cisco's Universal Quantum Switch addresses the challenge of connecting quantum systems by routing quantum information while preserving it, a significant advancement in quantum networking.
Ramana Kompella explained that traditional routing methods such as TCP/IP are not suitable for quantum networks because they rely on classical physics. Quantum networks utilize entanglement, where endpoints are connected using entangled photon pairs, allowing for instantaneous information transfer once entanglement is established.
