• Latest
  • Trending
Basque Government & IBM to install Europe’s first IBM Quantum System Two in Spain

Basque Government & IBM to install Europe’s first IBM Quantum System Two in Spain

Jio Financial Services reports 155% surge in Q1 FY27 profit

Jio Financial Services reports 155% surge in Q1 FY27 profit

Paytm Europe secures payment licence in Luxembourg

Paytm Board to consider bonus issue

Tech Mahindra reports ₹1,465 crore Q1 profit, secures $1.08 billion in new deals

Tech Mahindra reports ₹1,465 crore Q1 profit, secures $1.08 billion in new deals

SBI Funds Management sets IPO price band at ₹545–574

Indian Gas Exchange files IPO papers for market debut

ICICI Prudential Life shares hit 52 week low after prudential deal

ICICI Prudential Life Q1 profit rises 28% on strong new business growth

Crude oil rises on Middle East supply concerns; Natural gas gains on short covering

Crude oil rises on Middle East supply concerns; Natural gas gains on short covering

India’s soybean imports surge amid tight domestic supply

India’s soybean imports surge amid tight domestic supply

CSM Technologies wins World Bank-backed digital Malawi project worth ₹3.21 crore

CSM Technologies wins World Bank-backed digital Malawi project worth ₹3.21 crore

Tata Capital raises $400 million, achieves sharp pricing tightening on global bond

Tata Capital raises $400 million, achieves sharp pricing tightening on global bond

Angel One’s Q1 FY27 profit surges 102% as fintech growth strategy pays off

Angel One’s Q1 FY27 profit surges 102% as fintech growth strategy pays off

Tata Elxsi achieves robust growth in Q1 FY’25, with 2.4% QoQ increase in constant currency revenue

Tata Elxsi net profit jumps 18% in Q1FY27

IDBI Bank posts Q3 FY26 net profit of ₹1,935 Cr; Total business grows 12% YoY

IDBI Bank shares rally on stake sale buzz

  • Market
  • Commodity
  • Personal Finance
  • Data Story
  • News
  • Contact Us
Saturday, July 18, 2026
  • Login
Data Biz Times
No Result
View All Result
Data Biz Times
No Result
View All Result

Basque Government & IBM to install Europe’s first IBM Quantum System Two in Spain

in Media Release
Reading Time: 2 mins read
0
Basque Government & IBM to install Europe’s first IBM Quantum System Two in Spain
Share on FacebookShare on Twitter

DBT Bureau

Pune, 15 March 2025

The Basque Government and IBM announced plans to install Europe’s first IBM Quantum System Two at the IBM-Euskadi Quantum Computational Center on Ikerbasque Foundation’s main campus in San Sebastian, Spain (Gipuzkoa, Spain). The deployment builds on the organizations’ partnership, which began in 2023 as part of the BasQ initiative to further establish the Basque Country as a leading technology hub. Since the initial announcement, the parties have agreed to update the original plan to install an IBM Quantum System One, to now deploy IBM’s most advanced modular quantum computer, IBM Quantum System Two, which is expected to be complete by the end of 2025.

BasQ’s IBM Quantum System Two, to be managed by IBM, will be powered by an IBM Quantum Heron, the company’s most performant quantum processor to date, engineered to expand to multiple processors in the future. IBM Heron is capable of executing utility-scale algorithms beyond the capabilities of brute-force, classical simulation methods, including leveraging Qiskit software to accurately run certain classes of quantum circuits with up to 5,000 two-qubit gate operations.

This installation dedicated to Spain’s quantum innovators across academia, research labs, and industries represents IBM’s continued effort to expand Europe’s quantum ecosystem. Members of the IBM-Euskadi Quantum Computational Center will have access to these capabilities and resources to help build a quantum workforce, promote economic development, and develop new, useful algorithms to, in turn, help accomplish the Basque Country Government’s IKUR 2030 vision for quantum technologies. These efforts in algorithm development would be directly applied toward accomplishing IKUR 2030 goals, such as research into modeling new materials, and research into how quantum computing can be used as part of the initiative’s broader sustainability efforts.

“With this scientific infrastructure, the Basque Country will be positioned as a global reference hub in quantum computing. This technology will help progress in the digital transformation and provide us with a state-of-the-art scientific infrastructure that will strengthen the scientific, technological and innovation ecosystem that must facilitate this transformation. The IBM Quantum System Two will be a key tool for the Basque Network for Science, Technology and Innovation to generate cutting-edge knowledge in the Basque Country, to implement highly specialized higher education programs at our universities, and to be prepared for the impact of quantum computing in the coming years by both the Basque public sector and the industry. The arrival of this computer will be a great opportunity for the Basque Country’s economic and social development and will enable us to cooperate with other regions, countries and actors in the development and impact of this technology,” said the President of the Basque Country Government, Mr. Imanol Pradales.

“The IBM-Euskadi Quantum Computational Center’s dedicated IBM Quantum System Two will give Spain’s quantum community of researchers, developers, and industry experts unparalleled access to our most performant, most advanced quantum technologies—including the tools to develop algorithms that will help drive the entire quantum ecosystem toward achieving a quantum advantage within the next two years,” said Jay Gambetta, Vice President, IBM Quantum.

Related Posts

Adani Enterprises partners Dioxycle for low-carbon chemical production in India

Adani Enterprises partners Dioxycle for low-carbon chemical production in India

0

DBT Bureau Pune, 12 July 2026 Adani Enterprises Ltd, the flagship company of the Adani Group, and Dioxycle, a French...

Tata Communications expands India-Singapore subsea network

Tata Communications expands India-Singapore subsea network

0

DBT Bureau Pune, 30 June 2026 Tata Communications announced strategic investments in subsea cable infrastructure via acquisition of significant fiber...

Sophos and OpenAI collaborate to bring frontier AI cybersecurity tools to enterprises

Sophos and OpenAI collaborate to bring frontier AI cybersecurity tools to enterprises

0

DBT Bureau Pune, 23 June 2026 Sophos, a global cybersecurity firm, announced it has joined the OpenAI Daybreak Cyber Partner...

IBM Study: Limited control and rising dependencies leave enterprises exposed in the age of AI

IBM Study: Limited control and rising dependencies leave enterprises exposed in the age of AI

0

DBT Bureau Pune, 17 June 2026 A new global study by the IBM Institute for Business Value finds that as...

Jio Financial Services reports 155% surge in Q1 FY27 profit
Finance

Jio Financial Services reports 155% surge in Q1 FY27 profit

0

Athira Sethu Kochi, 17 July 2026 Jio Financial Services reported a strong set of earnings for the April–June quarter (Q1...

Read moreDetails
Paytm Europe secures payment licence in Luxembourg
Market

Paytm Board to consider bonus issue

0

Athira Sethu Kochi, 17 July 2026 One 97 Communications, the parent company of Paytm, has announced that it will declare...

Read moreDetails
Tech Mahindra reports ₹1,465 crore Q1 profit, secures $1.08 billion in new deals
News

Tech Mahindra reports ₹1,465 crore Q1 profit, secures $1.08 billion in new deals

0

DBT Bureau Pune, 16 July 2026 Tech Mahindra announced the audited consolidated financial results for the quarter ended June 30,...

Read moreDetails
SBI Funds Management sets IPO price band at ₹545–574
Market

Indian Gas Exchange files IPO papers for market debut

0

Athira Sethu Kochi, 16 July 2026 India's first automated national-level natural gas trading platform, Indian Gas Exchange (IGX), has filed...

Read moreDetails
DBT Bureau

Data Biz Times © 2024. All Rights Reserved.

Navigate Site

  • Media Release
  • Blog
  • Contact Us
  • Privacy Policy

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Market
  • News
  • Data Story
  • Business
  • Media Release
  • Tech
  • Contact Us

Data Biz Times © 2024. All Rights Reserved.