SoftBank, Quantinuum announce quantum computing partnership

SoftBank (SFTBY) and Quantinuum, 54% owned by Honeywell (HON), announced they agreed to a wide-ranging partnership in quantum computing. The companies said, “By combining their respective strengths, both companies will unlock innovative quantum computing solutions that will overcome the limitations of classical artificial intelligence and realize next-generation technologies. This unique initiative coincides with the International Year of Quantum Science and Technology in 2025, and it is expected to ignite new business opportunities through the dynamic fusion of AI and quantum computing. In this modern era, AI is delivering impressive results across various domains. However, it is widely recognized that there are still significant challenges that AI alone is struggling to overcome. Complex optimization problems, deciphering causal relationship analysis, and conducting high-precision simulations based on fundamental equations remain formidable obstacles for current AI technologies. Moreover, the hybrid approach that combines Central Processing Units, Graphics Processing Units, and Quantum Processing Units holds the potential to further extend the capabilities of AI. By leveraging the unique strengths of each type of processing unit, hybrid systems can execute more advanced and diverse computations, providing innovative solutions that surpass traditional limitations. SoftBank and Quantinuum believe in the power of quantum computing and are committed to exploring its transformative potential.”