TechCrunch
UK’s Riverlane scores $75M to correct quantum errors
Quantum computing may still largely be in the theoretical domain, but the money that it’s attracting is very real. Riverlane, a specialist in quantum error correction technology, has raised $75 million to continue expanding its R&D and operations to build out its operations amid a surge of interest from quantum computing customers — technologists hard at work building what could be the next great leap in computing power, if only they can tame those fail rates. Riverlane, building technology that fits on chips that sit within quantum computing systems to track, predict and fix when quantum bits (known as qubits) generate errors, believes it holds the answer to doing that.
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