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IBM and AMD Partner on Quantum Computing, Q-CTRL Wins DARPA Contracts, and Albuquerque Targets Quantum Hub Status
ByAinvest
Saturday, Aug 30, 2025 8:40 pm ET1min read
IBM and AMD partner to build hybrid quantum systems, combining quantum processors with CPUs, GPUs, and AI chips for supercomputing. Q-CTRL wins DARPA contracts worth $38 million for quantum navigation tools. New Mexico aims to become a U.S. quantum hub with a $25 million funding for a six-block Innovation District in Albuquerque. SkyWater Technology anticipates 30% revenue growth in 2025 with its superconducting design platform and quantum manufacturing base.
IBM and AMD have joined forces to develop hybrid quantum systems, integrating quantum processors with CPUs, GPUs, and AI chips to enhance supercomputing capabilities. This strategic partnership aims to leverage the strengths of classical and quantum computing, positioning them at the forefront of technological innovation [1].Meanwhile, Q-CTRL has secured DARPA contracts worth $38 million for quantum navigation tools, underscoring the growing importance of quantum technologies in defense and aerospace applications [1].
In a significant move for the quantum industry, New Mexico has secured a $25 million state grant to build a six-block "Innovation District" in downtown Albuquerque. The initiative, led by Roadrunner Venture Studios, will focus on quantum computing and semiconductor development. This district will feature a Founders-in-Residence program, lab pathways for researchers from Los Alamos and Sandia, and startup support, with nearly $6 billion in aligned venture funds available [2].
SkyWater Technology anticipates a 30% revenue growth in 2025, driven by its superconducting design platform and quantum manufacturing base. This growth is a testament to the increasing demand for quantum technologies in various industries [3].
These developments highlight the rapid advancements and investments in quantum technologies, positioning New Mexico as a potential U.S. quantum hub. The state's strategic investments and partnerships with national labs and universities aim to capture a share of the projected $1 trillion quantum market in the coming decade [2].
References:
[1] https://thequantuminsider.com/2025/08/27/a-new-quantum-day-dawns-in-albuquerque/
[2] https://thequantuminsider.com/2025/08/27/a-new-quantum-day-dawns-in-albuquerque/
[3] https://thequantuminsider.com/2025/08/27/a-new-quantum-day-dawns-in-albuquerque/
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