SoftBank Corp. and Quantinuum Announce Groundbreaking Partnership Toward Practical Application of Quantum Computing

Source: SoftBank Corp.

Tokyo, Japan and Broomfield, Colorado, January 29^th, 2025 — SoftBank Corp. ("SoftBank") and Quantinuum ("Quantinuum") announced they agreed to a wide-ranging partnership in quantum computing. 

By combining their respective strengths, both companies will unlock innovative quantum computing solutions that will overcome the limitations of classical artificial intelligence (AI) and realize next-generation technologies. 

This unique initiative coincides with the International Year of Quantum Science and Technology (IYQ) in 2025, and it is expected to ignite new business opportunities through the dynamic fusion of AI and quantum computing.

The Necessity of Quantum Computing Beyond the Limits of AI

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 (CPUs), Graphics Processing Units (GPUs), and Quantum Processing Units (QPUs) 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.

Current State and Challenges of Quantum Computing

Despite impressive growth in the quantum computing sector, several technical and business challenges need to be addressed to advance the state-of-the-art so that quantum computers are used to solve practical problems.

(1) Building a Business Model

• Initial Investment and Operational Costs: The substantial initial investment and operational costs required for the development and deployment of quantum computers lack concrete cost recovery strategies, which in turn suppresses the drive for companies to develop and adopt the technology.
• Clarification of Revenue Models: The business models for generating revenue, including the methods of offering quantum computers and setting usage fees, have not yet been fully realized.

(2) Establishing Specific Use Cases

• Discovering Use Cases: There is a shortage of use cases that clearly demonstrate which fields quantum computers will be useful in. Understanding the market size and revenue models through clear examples, especially in areas such as quantum chemical calculations and machine learning, is necessary.
• Understanding the Market and Revenue Predictions: It is crucial to specifically identify the areas where computations can only be performed by quantum computers and are commercially viable, as well as to predict the timing and scale of these applications.

(3) Advancing Hardware and Software Technologies

• Limitations and Challenges of Hardware: The current hardware performance (number of qubits and operation precision) of quantum computers is inadequate for handling practical problems, and significant enhancements in performance are needed for practical use.
• Software Development and Error Mitigation: The development of hybrid algorithms that combine traditional methods, as well as advancements in error suppression, mitigation, and correction technologies, are essential to enable practical computations. Furthermore, developing technologies that mutually complement hardware and software are also indispensable.
• Timing for Service Provision: Making decisions based on a deep understanding of technology to provide services at the optimal timing requires assessing the speed of technological advancements and market needs.

Key Activities

SoftBank and Quantinuum are committed to addressing these challenges together to advance the practical application of quantum computers.

(1) Joint Market Research & Business Model Development for Quantum Data Center

• With a view toward the realization of a "quantum data center" capable of performing advanced calculation processing by combining CPUs, GPUs and quantum computers (QPUs), both companies will use the Japanese market as a foothold to conduct global market research in the Asia-Pacific region and other regions, and explore specific business models based on that research.
• Both companies will jointly consider methods to reduce investment risks, such as revenue sharing and cost sharing.

(2) Construction of Quantum Use-Case Timelines and Validation

• SoftBank will provide its own business challenges as use cases.
• Both companies will clarify use cases in quantum chemistry and network analysis, and construct a timeline showing when these use cases will be realized. In quantum chemistry, the search for new optical switch materials for All Optical Networks is anticipated, while in network analysis, the application to anomaly detection and fraud detection in SoftBank's communication network is envisioned.
• Both companies will develop software technology that makes effective use of limited hardware resources, and explore methods for linking CPUs, GPUs, and QPUs.

Comments from each company

Ryuji Wakikawa, Head of Research Institute of Advanced Technology, SoftBank Corp., commented: “SoftBank believes in the potential of quantum computers and has been testing and evaluating various internal issues using quantum computers, and has started to obtain certain results. However, as a telecommunications operator, there are still many challenges remaining regarding how to provide quantum computing services in Japan. Through our collaboration with Quantinuum, which possesses the world's highest-performance quantum computer hardware, we aim to be the first in the world to identify problems that can only be solved by quantum computers and look forward to significantly accelerating the practical application of quantum computing.”

Dr. Rajeeb Hazra, President and CEO of Quantinuum, commented: "Our partnership with SoftBank represents a pivotal moment in the evolution of quantum computing. By combining our strengths, we are poised to unlock innovative solutions that will not only enhance the capabilities of AI but also tackle challenges that have long been beyond reach. Together, we are laying the groundwork for a future where quantum technologies drive transformative advancements across multiple industries."

By integrating quantum computing with AI, this initiative is expected to contribute to problem-solving in diverse fields such as healthcare, finance, logistics, and energy. This collaboration not only addresses unsolved challenges but also creates new market opportunities and fosters technological innovation across society.

About SoftBank Corp.

Guided by the SoftBank Group’s corporate philosophy, “Information Revolution – Happiness for everyone,” SoftBank Corp. (TOKYO: 9434) operates telecommunications and IT businesses in Japan and globally. Building on its strong business foundation, SoftBank Corp. is expanding into non-telecom fields in line with its “Beyond Carrier” growth strategy while further growing its telecom business by harnessing the power of 5G/6G, IoT, Digital Twin and Non-Terrestrial Network (NTN) solutions, including High Altitude Platform Station (HAPS)-based stratospheric telecommunications. While constructing AI data centers and developing homegrown LLMs specialized for the Japanese language with one trillion parameters, SoftBank is applying AI to enhance radio access network performance (AI-RAN) with the aim of becoming a provider of next-generation social infrastructure. 

To learn more, please visit https://www.softbank.jp/en/. 

About Quantinuum

Quantinuum, the world’s largest integrated quantum computing company, pioneers powerful quantum computers and advanced software solutions. Quantinuum’s technology drives breakthroughs in materials discovery, cybersecurity, and next-gen quantum AI. With around 600 employees, including 370+ scientists and engineers, Quantinuum leads the quantum computing revolution across continents.

For more information, please visit the website at www.quantinuum.com. 

• SoftBank, the SoftBank name and logo are registered trademarks or trademarks of SoftBank Group Corp. in Japan and other countries.
• Other company, product and service names in this press release are registered trademarks or trademarks of the respective companies.

• Quantinuum intends to establish cutting-edge research and development hub in New Mexico, a burgeoning epicenter for quantum technology innovation 
• The proposed center will focus on photonics technologies, which is essential to the advancement of Quantinuum’s trapped ion quantum computing technologies

Broomfield, Colorado, January 21^st, 2025 — Quantinuum, the world’s largest integrated quantum computing company, announced plans today to open a new location in New Mexico. This anticipated site will support ongoing collaborative efforts to advance the photonics technologies critical to furthering Quantinuum’s product development. Photonics, the science and technology of light, is essential to the advancement of Quantinuum’s trapped ion quantum computing technologies, which use light to control and manipulate qubits.

New Mexico has established itself as a leader in quantum information sciences and the development of photonics and other enabling technologies. In July 2024, the U.S. Department of Commerce’s Economic Development Administration, as part of its Tech Hubs program, officially designated Colorado, home to Quantinuum’s U.S. Headquarters, and New Mexico as leading hubs for quantum information technology.

“I am thrilled to welcome Quantinuum to New Mexico, launching a new industry for our state that builds on our proud foundation of innovation,” said New Mexico Governor Michelle Lujan Grisham. “No state is better positioned to transform the momentum of the quantum computing industry into major economic and entrepreneurial growth, and Quantinuum will be a groundbreaking partner in that work. Together we will leverage New Mexico’s assets, including the groundbreaking work being done at our national laboratories and the nation’s best quantum scientists being educated at our universities, to invest in and grow the state’s quantum technologies industry, creating career opportunities for New Mexicans and continuing to build the technology of the future.”

Dr. Rajeeb Hazra, President and CEO of Quantinuum, said, “As the established leader in quantum computing, Quantinuum has found an ideal partner in New Mexico. The state’s dynamic technology ecosystem and highly skilled workforce align perfectly with our strategic goals.”

Quantinuum’s New Mexico location, anticipated to open later this year, is expected to create high-paying jobs and drive economic growth. Quantinuum has a longstanding history of collaboration with experts from the national laboratories in New Mexico, such as Sandia National Laboratories and Los Alamos National Laboratory, and universities, such as The University of New Mexico, in showcasing the performance of the company’s trapped ion quantum computing hardware. These partnerships have not only advanced the exploration of innovative applications and use cases, but have also been instrumental in supporting workforce development, education and various other efforts in the state and region. 

The development of technologies for quantum computing is critical to strengthen U.S. economic competitiveness and national security. The robust quantum ecosystem taking rise in New Mexico—from the national labs to universities to the private sector—will help  ensure the United States is a leader in quantum computing.

About Quantinuum

Quantinuum, the world’s largest integrated quantum computing company, pioneers powerful quantum computers and advanced software solutions. Quantinuum’s technology drives breakthroughs in materials discovery, cybersecurity, and next-gen quantum AI. With more than 550 employees, including 370+ scientists and engineers, Quantinuum leads the quantum computing revolution across continents.

For more information, please visit the website at www.quantinuum.com.

• Companies aim at developing powerful ion traps for Quantinuum’s future generations of quantum computers.
• Infineon provides expertise in process development, fabrication, and quantum processing unit (QPU) technology
• Partnership to drive progress in fields such as generative chemistry, material science, and artificial intelligence.

Neubiberg, Germany and Broomfield, Colorado, USA, November 19^th, 2024 — Infineon Technologies AG, a global leader in semiconductor solutions, and Quantinuum, a global leader in integrated, full-stack quantum computing, today announced a strategic partnership to develop the future generation of ion traps. This partnership will drive the acceleration of quantum computing and enable progress in fields such as generative chemistry, material science, and artificial intelligence.

“We are thrilled to partner with Quantinuum, a leader in quantum computing, to push the boundaries of quantum computing and generate larger, more powerful machines that solve meaningful real-life problems," said Richard Kuncic, Senior Vice President and General Manager Power Systems at Infineon Technologies. “This collaboration brings together Infineon's state-of-the-art knowledge in process development, fabrication, and quantum processing unit (QPU) technology with Quantinuum's cutting-edge ion-trap design expertise and experience with operating high-performance commercial quantum computers.”

Infineon innovates with a dedicated team to make their trapped-ion quantum processing units (QPUs) the heart of the leading quantum computers. The company has invested in this field since 2017, applying its expertise in high-volume processing technologies and developing technologies, like integrated photonics and control electronics, to enable their partners to scale the qubit count of their machines.

In Quantinuum’s hardware approach, charged atoms are trapped with electromagnetic fields so they can be manipulated and encoded with information using microwave signals and lasers. This design has distinct advantages over other quantum hardware, including higher fidelities and longer coherence times.

This collaboration builds on today’s leading performance of Quantinuum's trapped-ion quantum computers, which currently hold the world records in key performance benchmarks such as 2-qubit gate fidelity, quantum volume and cross-entropy benchmark fidelity. To deliver even better fidelity at greater scale and achieve commercial advantage, larger and more sophisticated ion traps are needed. Engineers from the two companies have been working together for more than a year and will intensify their efforts under the current partnership to develop powerful ion traps for Quantinuum’s next-generation quantum computers.

“At Quantinuum, our mission is to accelerate useful quantum computing. We have announced a roadmap to reach universal fault-tolerance in 2029. Our partnership with Infineon is key to our delivering on this commitment,“ said Dr. Rajeeb Hazra, President and CEO of Quantinuum.

About Quantinuum

‍Quantinuum, the world’s largest integrated quantum computing company, pioneers powerful quantum computers and advanced software solutions. Quantinuum’s technology drives breakthroughs in materials discovery, cybersecurity, and next-gen quantum AI. With over 500 employees, including 370+ scientists and engineers, Quantinuum leads the quantum computing revolution across continents.

For more information, please visit the website at www.quantinuum.com

About Infineon

Infineon Technologies AG is a global semiconductor leader in power systems and IoT. Infineon drives decarbonization and digitalization with its products and solutions. The Company had around 58,060 employees worldwide (end of September 2024) and generated revenue of about €15 billion in the 2024 fiscal year (ending 30 September). Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the OTCQX International over-the-counter market (ticker symbol: IFNNY).

For more information, please visit the website at www.infineon.com