IQM to Supply Finland's LUMI AI Factory with a Next-Generation Quantum Computer
IQM Quantum Computers (Nasdaq:IQMX) has secured a contract worth approximately its 2025 annual revenue to supply the LUMI AI Factory in Finland with a quantum computer featuring a 150-qubit processing unit. The system, expected by mid-2027 and funded jointly by EuroHPC and several European governments, will integrate into existing high-performance computing infrastructure for research on fault-tolerant quantum technologies.
Topics: AI infrastructure government funding quantum computing