QuantWare, a Dutch startup that builds quantum processors for research and commercial use, has raised €6m in seed funding to support the development of its 64-qubit Tenor processor. The machine produces qubits through the use of tiny components that oscillate at very high frequencies to generate electromagnetic waves. These waves allow the processor to perform multiple calculations at once, harnessing the power of quantum physics to achieve faster computing speeds. At present QuantWare’s processor is primarily used in the research sector but it is hoped it could be used by businesses in future.
India is proposing to replace its over two-decades-old IT law, aiming to push for new guidelines to seek more accountability from tech firms, reevaluate who all gets protection from safe harbour, better oversee new technologies and serve “every” connected user in the South Asian market. Jagmeet and Manish report that the Indian government wants more say over how data is stored, and which companies store data in the country. The new legislation would limit the flow of user data to global corporations such as Google or Amazon and force all firms to offer the Indian government free access to users’ personal data.
Credit Karma, which offers debt, credit building and checking and savings products, has introduced Credit Karma Net Worth, a new product designed to help people know, grow and protect their wealth. The addition of this new feature brings Credit Karma closer to being an end-to-end personal finance management platform.
Keith Putnam-Delaney, CEO of London-based Marketing technology company Primer, has shared with Tech Crunch’s subscription service TC+ a blueprint for growing a B2B start-up. His article identifies which tools are most appropriate for early-stage, mid-stage, and late-stage start-ups, and highlights how marketers can add efficiency or subtract from it. It states that “The current budget-constrained environment should be seen as a net positive by marketers. It will force teams to think deeply about what’s absolutely necessary”.