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IBM Launches $100 Million Partnership with Global Universities to Develop Novel Technologies Towards a 100,000-Qubit Quantum-Centric Supercomputer

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Landmark 10-year partnerships with the University of Tokyo and the University of Chicago to develop a new paradigm of high-performance computing

IBM Quantum milestones to lay foundation for integration of large-scale classical and quantum systems

Collaborations will develop detailed blueprint to pioneer quantum-centric supercomputing

HIROSHIMA, Japan, May 21, 2023 /PRNewswire/ — At the G7 Summit in Japan, IBM (NYSE: IBM) announced a 10-year, $100 million initiative with the University of Tokyo and the University of Chicago to develop a quantum-centric supercomputer powered by 100,000 qubits.

Quantum-centric supercomputing is an entirely new, and as of now, unrealized, era of high-performance computing. A 100,000-qubit system would serve as a foundation to address some of the world’s most pressing problems that even the most advanced supercomputers of today may never be able to solve.

For example, such a powerful quantum system could unlock entirely new understandings of chemical reactions and the dynamics of molecular processes. In turn, this could enable researchers to help study climate change through modeling better methods to capture carbon; discover materials to build batteries for electric vehicles and energy grids towards the goal of being cleaner and more sustainable; and uncover more effective and energy-efficient fertilizers.

To usher in this powerful new paradigm, a global collaboration and an activation of talent and resources across industries and research institutions is being initiated. By partnering with the University of Chicago, the University of Tokyo, and IBM’s broader global ecosystem, IBM will work over the next decade to advance the underlying technologies for this system, as well as to design and build the necessary components at scale. 

Moving forward, IBM intends to expand these partnerships to include Argonne National Laboratory and Fermilab National Accelerator Laboratory, both of which are members of the Chicago Quantum Exchange and home to two respective Department of Energy quantum hubs. Importantly, the two laboratories offer capabilities and expertise that can facilitate delivering the technologies envisaged in the race to build a quantum-centric supercomputer.

“Over the past several years, IBM has been at the forefront of introducing quantum technology to the world,” said Arvind Krishna, Chairman and CEO, IBM. “We have achieved significant progress along our roadmap and mission to globally establish useful quantum technology, so much so that we can now, with our partners, truly begin to explore and develop a new class of supercomputing anchored by quantum.”

“Achieving breakthroughs at scale in quantum technology requires deeply rooted and productive collaboration around the world and across a broad range of industry, academic, and government partners,” said Paul Alivisatos, President of the University of Chicago. “Quantum information science and technology is at a crossroad where foundational discovery and technical innovation will combine to create real breakthroughs. The University of Chicago is thrilled to partner in this endeavor.”

“We expect our partnership will lead to scientific breakthroughs, acceleration of the adoption of quantum computing for the coming era, and active engagement into the critical societal challenges of humanity. We also aim to contribute to the realization of a better future society by nurturing diverse talents,” said Dr. Teruo Fujii, the President of the University of Tokyo.

Building the Blocks of Quantum-Centric Supercomputing

The plans for this quantum-centric supercomputer are expected to involve innovations at all levels of the computing stack, and encompass the convergence of the fields of quantum computing and quantum communication, as well as the seamless integration of quantum and classical workflows via the hybrid cloud.

Because such a computer has never been made before, the first step will be to lay out a blueprint. The design will have to integrate classical computers and quantum computers – a challenging task to date – as well as break new ground in quantum communication and computing technology.

The foundation of this system will include milestones IBM has already outlined on its Quantum Development Roadmap. This includes the ability to scale and connect growing numbers of quantum processors through quantum interconnects, as well as technology to mitigate errors to fully harness noisy yet powerful quantum processors.

By the end of 2023, IBM intends to debut three cornerstones of its necessary architecture for quantum-centric supercomputers. One is the new 133-qubit ‘IBM Heron’ processor. This processor is a complete redesign of IBM’s previous generations of quantum processors, with a new two-qubit gate to allow higher performance. It will also be compatible with future extensions to enable modular connected processors to grow the size of the computer.

The second is the introduction of IBM Quantum System Two. The new flagship system is designed to be modular and flexible to introduce elements of scaling in its underlying components, including classical control electronics and high-density cryogenic wiring infrastructure. This system is targeted to be online by the end of 2023.

The third is the introduction of middleware for quantum, a set of tools to run workloads on both classical and quantum processors. This includes tools for decomposing, parallel execution, and reconstructing workloads to enable efficient solutions at scale.

Over the next decade, IBM plans to work with university partners and its worldwide quantum ecosystem to evolve how its quantum processors can be connected via quantum interconnects. This work will aim to enable high-efficiency, high-fidelity inter-processor quantum operations and a reliable, flexible, and affordable system component infrastructure to allow scaling to 100,000 qubits.

IBM’s collaboration with the University of Chicago will build upon the Chicago area’s strengths in quantum research. The University of Chicago seeded the region’s quantum ecosystem more than a decade ago with the decision to make quantum technology a focus of what is now the Pritzker School of Molecular Engineering. Chicago has arguably become one of the leading global hubs for research in quantum technology and home to one of the largest quantum networks in the country. Scientists from the University of Chicago-headquartered Chicago Quantum Exchange, which includes Argonne National Laboratory and Fermilab National Accelerator Laboratory, four universities, more than 40 industry partners, and researchers at other world-class academic institutions in the region will continue to expand the understanding and utilization of quantum technology. 

In conjunction with IBM, researchers at the University of Tokyo have been pushing forward on topics such as the detailed analysis of noise deep inside quantum processors, the development of efficient computation for quantum artificial intelligence, and quantum chemistry simulation with classical-quantum hybrid computations.

For more about the path to a 100,000-qubit quantum-centric supercomputer, read the IBM Research blog.

Statements regarding IBM’s future direction and intent are subject to change or withdrawal without notice and represent goals and objectives only.

About IBM

IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. More than 4,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

Visit www.ibm.com for more information.

MEDIA CONTACTS

Steven Tomasco 
IBM Communications
stomasc@us.ibm.com

Erin Angelini 
IBM Communications
edlehr@us.ibm.com

 

 

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Quote.com Announces New Senior Leadership Additions

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ST. PETERSBURG, Fla., April 22, 2026 /PRNewswire/ — Quote.com, a leading tech-enabled, omnichannel performance marketing organization, today announced the addition of two new executive team members to support the company’s continued growth and strategic expansion. Chase Nichols joins as Chief Marketing Officer and Ben Hochstetler as Senior Vice President of Marketing.

Quote.com announced the addition of two new executive team members, Chase Nichols and Ben Hochstetler.

The appointments strengthen Quote.com’s leadership team as the company continues to invest in execution, growth, and expanding its ability to help consumers access insurance solutions more easily and efficiently. “We are excited to welcome Chase and Ben to the Quote.com leadership team,” said Nick Stommes, Chief Executive Officer at Quote.com. “Both bring deep industry expertise, experienced execution capability, and a strong focus on operational excellence that will help accelerate our growth while improving how consumers access and compare insurance options. Their leadership will play a critical role at Quote.com as we continue scaling our platform and strengthening our partnerships.”

Chase Nichols joins Quote.com as Chief Marketing Officer; Chase is responsible for all performance marketing planning, organization, and execution, and is focused on driving efficient, measurable consumer touchpoints. With nearly two decades of experience in financial services and performance marketing environments, he brings a data-first approach to scaling growth while balancing brand development and direct-response marketing.

Ben Hochstetler joins as Senior Vice President of Marketing, leading digital marketing strategy and execution across Quote.com’s omnichannel performance marketing footprint. He brings more than 15 years of experience building and scaling performance marketing execution in highly competitive and regulated markets.

About Quote.com

Quote.com is a tech-enabled omnichannel performance marketing organization that delivers high-quality, mission-critical demand at scale to industry-leading partners. The company serves customers across multiple insurance verticals, including auto, home, life, and Medicare insurance. Quote.com provides significant value to consumers by providing an independent, third-party comparison-shopping experience.

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SOURCE Quote.com

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Young Voices Across Oceans: Telling China’s Story Fiji Special Showcases GDI Achievements

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SHENZHEN, China, April 22, 2026 /PRNewswire/ — This year marks the 5th anniversary of the Global Development Initiative (GDI). Shenzhen Media Group’s “Telling China’s Story” program presents a special Fiji season, taking the perspective of young Chinese people to the Pacific island nation of Fiji. It documents the implementation of numerous cooperative projects which are smaller in scale but well-designed, showcasing the heartwarming stories and broad prospects of China and Fiji working together to promote common development and share the fruits of cooperation, vividly illustrating the practical achievements of the GDI.

 

The program will air from April 20th to 22nd, 2026. The first episode features Chinese actor Zhao Xiaotong, food blogger Yang Beichuan, and Wu Dongwei, a doctoral student at China Agricultural University, who visit the China-Fiji Juncao Technology Demonstration Center in Nadi, Fiji, to explore how this “Happiness Juncao” from China has taken root and grown in the South Pacific island nation, benefiting people’s livelihoods.

This “Happiness Juncao” has yielded “win-win results” in Fiji, bringing tangible changes to local families. Internet technology engineer Ashmir not only gained a stable income by learning Juncao (a type of grass cultivation) to grow mushrooms, but also successfully paid off his car loan.

During this filming, a “Mushroom Team” of young Chinese people joined Ashmir in a Fijian market to promote mushroom dishes and introduce locals to various new ways to enjoy mushrooms. The humble mushroom became a bond of friendship across mountains and seas, conveying the warm sentiments of mutual understanding between the Chinese and Fijian people amidst the bustling market atmosphere.

 

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SOURCE Shenzhen Media Group

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Laminar Wins Gold 2026 Edison Award for Physical AI that Powers the Self-Driving Factory

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Top honor recognizes Laminar’s innovation and transformation in the CPG manufacturing industry

BOSTON, April 22, 2026 /CNW/ — Laminar, a physical AI solution helping the world’s leading manufacturers run more productive and sustainable factories, announced that it received a Gold 2026 Edison Award in the Manufacturing & Logistics category. The award recognizes Laminar for enabling food and beverage manufacturers to unlock new levels of productivity and sustainability through innovation – running faster production lines while cutting water, chemicals, and downtime.

“Laminar is leading the way CPG manufacturers implement physical AI on the factory floor with first-of-their-kind self-driving processes,” said Annie Lu, Laminar Chief Executive Officer and Co-Founder. “Our patented spectral sensors and complete library of ML models enable a new, transformative approach to closed-loop automation, making the goal of the self-driving factory achievable today. We are honored the Edison Awards recognized our commitment to building a new category of technology and reshaping the future of manufacturing.”

Laminar’s physical AI transforms operations by enabling CPG manufacturers to transition from manual, timer-based operations to self-driving. Deployed across six continents for Coca-Cola, AB InBev, Danone, and Unilever, Laminar delivers measurable sustainability and profitability gains from the same investment. Laminar’s self-driving processes include:

Self-Driving Clean-in-PlaceSelf-Driving Product ChangeoverSelf-Driving Batch OptimizationSelf-Driving Quality ControlAnd more

The Edison Awards, established in 1987 and named in honor of inventor Thomas Edison, celebrates game-changing innovation across industries worldwide. Drawing a global community of innovators across 60+ countries, the Edison Awards elevate solutions that reimagine our future.

Recognition for Laminar’s Innovation

Headquartered at Greentown Labs in Somerville, MA – North America’s leading cleantech incubator – Laminar is a woman-founded startup backed by top-tier investors, including Greycroft, Construct Capital, 2048 Ventures, and Flybridge Capital.

Recognized for its innovation and impact, Laminar received AB InBev’s 2024 Cheers Award for outstanding startup partnership and was named Unilever’s 2023 Supplier Startup of the Year. Laminar’s solution is also deployed in World Economic Forum Lighthouse factories recognized for their leadership in cutting-edge technology.

About Laminar

Laminar’s physical AI helps the world’s leading manufacturers run self-driving factories with more sustainable, efficient operations. Our patented spectral sensors and complete library of ML models transform manual operations into self-driving processes that cut water, chemicals, and downtime in real-time. Deployed in factories across six continents and trusted by global leaders like AB InBev, Coca-Cola, and Unilever, Laminar is building a new category of physical AI that will power the future of process manufacturing. Learn more at runlaminar.com

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