Our CEO, Dr Joe Fitzsimons, was on CNBC's Squawk Box to discuss recent progress in the field, Horizon Quantum’s decision to accelerate by taking the SPAC route and why profitability is not a key metric to focus on before quantum computers become useful.

Singapore-based software firm Horizon Quantum Computing has agreed to merge with blank-cheque company dMY Squared Technology in a deal that would take it public at a pre-money valuation of $500 million.

Horizon Quantum Computing plans to go public through a merger with dMY Squared Technology Group in a deal valuing the company at approximately $500 million.

The proposed business combination, expected to close before the end of the year, is anticipated to position the merged company at the forefront of the quantum computing revolution.

Horizon Quantum Computing said on Wednesday that it had signed a nonbinding letter of intent with special-purpose acquisition company dMY Squared Technology Group. The deal values Horizon at roughly $500 million, and the companies expect to reach a definite agreement in the second quarter and complete the deal before the end of the year.

This article discusses the accelerating pace of quantum software development and the race to dominate quantum ecosystems, spotlighting Triple Alpha’s programming capabilities, including error correction.

A quantum computing start-up is developing its own operating system to run quantum machines, akin to Microsoft Windows or macOS on a standard computer.

Where is quantum computing today? And will it ever be something that you might use day-to-day, or access via the cloud on a regular basis? John Koetsier sits down with three quantum computing CEOs to discuss the current state of quantum.

Turning Point is a series that Bloomberg describes as "an exploration of the powerful – and often behind-the-scenes – global networks enabling future innovation". Horizon Quantum has been invited to share our story in one of the episodes.

In this MoneyFM interview, our CEO Dr Joe Fitzsimons discusses use cases for finance, such as Monte Carlo simulations, portfolio optimisation, or, further down the road, fraud detection using quantum machine learning.

In this article, our CEO Dr Joe Fitzsimons gives his perspective on quantum machine learning, the potential for quantum computers to accelerate a classical model or a quantum native model, and how we have some ways to go before we know what the full capabilities or limitations can be.

While many people are working to encourage new quantum software developers, others are hoping to do away with them all together. Joe Fitzsimons at Horizon Quantum and his colleagues are working on a tool designed to take any classical algorithm and spit out a faster, quantum version.

According to Dr Joe Fitzsimons, apart from talents, being in Singapore also provides advantages for first-mover quantum computing companies.

In this article, our CEO, Dr Joe Fitzsimons discusses the complexities of amplitudes and how quantum systems require intuition that we don't naturally have, making it a central challenge to quantum computing today.

Quantum computing and artificial intelligence (AI) are converging, promising to push computing boundaries to transform industries and accelerate discoveries. In this article, our CEO Joe Fitzsimons gives his perspective on the approaches to applying quantum computing to AI.

Horizon Quantum Computing, a Singapore-based quantum software start-up, announced today it would build its own testbed of quantum computers, starting with use of Rigetti’s Novera 9-qubit QPU.

Quantum computers can solve business problems beyond the reach and speed of conventional and classical computers, thus several countries globally have taken steps to encourage the development and adoption of quantum-safe technologies. Horizon’s CEO Joe Fitzsimons discusses quantum-resistant encryption algorithms and quantum cryptography schemes in this article.

MAS warned that the security of financial transactions and sensitive data at financial institutions could be at risk, thanks to quantum computers that can break some of the commonly used encryption and digital signature algorithms. Horizon’s CEO Joe Fitzsimons talks about the importance for financial institutions to start paying attention to encryption protocols given the research results that have emerged for cryptographically relevant quantum computers.

At the end of 2023, the European Commission announced its new Declaration on Quantum Technologies in a bid to put the advanced technology firmly on the bloc's agenda. Horizon’s CEO Dr Joe Fitzsimons was interviewed about his decision to establish our EU HQ in Dublin and his thoughts on the growth of the sector.

Ahead of the TNW Conference in Amsterdam where our CEO Dr Joe Fitzsimons will be a speaker, he sat with Thomas Macaulay to discuss the tremendous potential of quantum computing and our industry’s current challenges, from talent shortage to the need for patient capital.

Quantum computing faces two main challenges to widespread adoption: the development of hardware capable of supporting quantum computation at scale and the creation of software tools that allow programmers to harness this hardware to solve real-world problems. Founded in 2018, Horizon is focused on the second challenge, that is, building a system for quantum software development that enables developers to bridge the gap between classical code and quantum accelerated applications.

Horizon announced a round of $18.1 million to expand its engineering team and speed up product development. The company, founded in 2018, created a programming language called Helium, designed to bridge the gap between classical and quantum computers.

AWS’s Quantum Technologies Blog presents the successful trial of quantum-secured communication between the Centre for Quantum Technologies and Horizon.

In The Business Times, our CSO Dr Si-Hui Tan talks about the diverse range of expertise that are working together to make quantum computing technology widely accessible.

Quantum Zeitgeist featured Horizon's CEO Joe Fitzsimons in their list of 10 quantum leaders running quantum computing companies: "We love the mission to make Quantum Computing a general-purpose quantum technology. Making quantum computing truly accessible to everyone could be a world-leading quest, and we like it!”

In an MIT Technology Review article, key quantum computing industry players are reflecting on the trends in the field. Among them, our CEO Joe Fitzsimons who gives his predictions on moving beyond the NISQ era and the need for Turing completeness.

As the HPC community looks ahead to what may happen in the new year, we look through excerpts from the ones we found most interesting, fresh, insightful — even contrarian. Our CEO Dr Joe Fitzsimons gives his views on the topic of NISQ and a shift to fault tolerance in quantum computing.

Our CEO, Joe Fitzsimons was on the Newstalk programme Breakfast Business with Joe Lynam where he talked about Horizon’s expansion in Europe with a new office opening in Ireland along with new job opportunities.

Singapore’s great quantum quest makes the cover story of The Business Times. Our CEO Joe Fitzsimons, who was interviewed for the article, speaks about the fast development of the technology: "Year by year, month by month, even week by week, progress is made in the field."

In an interview for TechHQ, our CEO Joe Fitzsimons talks about the potential of more structured quantum algorithms over NISQ variational algorithms.

Our CEO Dr Joe Fitzsimons shared in an interview with The Irish Times about the factors that made Horizon choose Ireland for our first overseas office.

Horizon Quantum Computing is building an IDE that will help developers who are proficient in languages like C and C++ to build quantum apps.

Tech Wire Asia caught up with Dr Si-Hui Tan, Chief Science Officer at Horizon Quantum Computing at the ATxSG summit to get her views on the industry, from the technology to the talent development in the field.

Horizon’s CSO Dr Si-Hui Tan was on CNA to explain key concepts of the technology, talk about its potential for industries, and highlight Singapore’s position in the quantum computing race.

Relying on cloud-based hardware presents a number of barriers to industry adoption of quantum computing. A Quantum Computing Report article discusses how blind quantum computing may help overcome these barriers and highlights Horizon’s contribution to this technology.

Breakthroughs in quantum computing keep coming, but there aren’t many people with the expertise to make use of it. CEO Dr Joe Fitzsimons talks about how Horizon is making quantum computing accessible by building the tools necessary for real-life applications. 

Systematic means of benchmarking the performance of a quantum processor are still mostly missing. Xiao Yuan, Yunchao Liu, Qi Zhao, Bartosz Regula, Jayne Thompson (Horizon’s Technical Product Manager) and Mile Gu studied a practically meaningful, experimentally accessible, and universally relevant quantifier of a memory’s capability to preserve the quantum advantage. This measure applies unilaterally to all platforms, allowing us to benchmark processors across different architectures.

Singapore, a skyscraper-laden, tropical paradise known for its business-friendly policies. With the second-highest GDP per capita (PPP) in the world, it’s no wonder this island city-state — one of the Four Asian Tigers — has some of the most innovative startups in the world. This goes for startups in the quantum tech ecosystem, too, with a handful so far founded within the last half a decade.

Dr Si-Hui Tan had already developed a keen interest in mathematics and science in secondary school. From Raffles Girls’ School she went on to pursue advanced mathematics and a degree in physics, and eventually earned herself a post-doctorate degree in physics at the Massachusetts Institute of Technology (MIT). Today, the 40-year-old is the chief science officer at a local start-up, Horizon Quantum Computing. The company aims to make quantum computing more accessible to software developers.

Driven by the vision of quantum computing as a revolution in computing technology, Joe Fitzsimons quit his tenured faculty position to found Horizon Quantum Computing in 2018. Drawing on over 15 years’ experience in quantum computing and computational complexity theory, today he fully dedicates his time to Horizon with the goal of making quantum computing a general-purpose computing technology capable of addressing some of the world’s most challenging computational problems.

Identical particle entanglement can be coaxed into mediating other forms of entanglement that are already widely used in quantum computing and communications technologies, as recently demonstrated by a team of researchers from the University of Nottingham and University of Basel. Horizon's Technical Product Manager Jayne Thompson offered her opinion as part of a Scientific American article about the study.

Science Magazine puts the spot on quantum illumination, often dubbed "quantum radar", and the important role played by work that our Chief Science Officer Si-Hui Tan did during her PhD at Massachusetts Institute of Technology, back in 2008, comparing quantum with entangled photons and coherent states.

Late last year, the world of quantum computing achieved a significant milestone. A quantum processor developed by Google was able to solve a complex mathematical calculation in just three minutes and 20 seconds. In comparison, the most advanced supercomputer to date would have taken more than 10,000 years to solve it.

Quantum technologies can be designed more efficiently if they can be trained in self-improvement. A team of researchers in Singapore and China, including Jayne Thompson, who recently joined Horizon Quantum Computing as a Technical Product Manager after doing research for Centre for Quantum Technologies, have demonstrated this potential through engineering a new method to machine learn quantum-enhanced probes for precision sensing applications.

No matter how fast. No matter how powerful. No matter how many qubits can be entangled. No matter how long those qubits can remain entangled. The quantum computer industry will never reach its full potential unless people can actually use quantum computers. Horizon Quantum Computing, a Singapore-based quantum startup, was founded with the mission of making quantum computing more people-friendly in mind, according to Joe Fitzsimons, the company’s CEO.

Quantum computing has gained significant interest over the years because of its potential to solve problems beyond the reach of the most powerful supercomputers. Singapore’s Horizon Quantum Computing is a startup that aims to make quantum computing much easier to access and in turn become a part of a bigger tech revolution.

Horizon Quantum is part of a new crop of startups that focus on building new tools for building software for quantum computers. The Singapore-based company, which is hardware-agnostic but also launched a close partnership with Rigetti Computing in 2018, today announced that it has raised a $3.23 million funding round led by Sequoia Capital India. Previous investors SGInnovate, Abies Ventures, DCVC, Qubit Protocol, Summer Capital and Posa CV also participated.

“After an academic career at top universities in Ireland, the U.K. and Singapore, Joe Fitzsimons spun off Horizon Quantum Computing, a quantum software company, from CQT in 2018. The tipping point was on the horizon, he said, and he wanted to be established by the time one of the big tech companies announced that they had achieved quantum supremacy.”