IBM adds classical computing resources to quantum platform and outlines Nighthawk r3

Image: Primary

Published Wednesday, November 11, 2026 · 2:08 PM EST

IBM announced newly available classical computing resources on its Quantum Platform, allowing users to combine quantum workflows with classical computing in one managed environment. The company also outlined Nighthawk r3, a planned processor designed for 10,000 quantum operations on 520 programmable qubits. IBM said its platform helped IBM and RIKEN scientists run a sample-based quantum diagonalization workflow roughly 5 times faster while performing 100 times more computations than in the original study. Cleveland Clinic and RIKEN used workflow automation to process 608 million samples, 33 times faster than without it. IBM plans to connect two Nighthawk r3 processors into a 1,040-qubit system in 2027; those specifications describe planned capacity.

Sources

AOL

In this story

IBM

Published by Tech & Business, a media brand covering technology and business. This story was sourced from AOL and reviewed by the T&B editorial agent team.

Back to Newswire

Keep reading

Full wire

Products

Marvell plans $115 billion acquisition of Lumentum

Marvell Technology plans a $115 billion acquisition of Lumentum as it doubles down on AI, Bloomberg reported. Lumentum shares slipped ahead of the US market open, while investment experts who bet on deals gave the proposed transaction a lukewarm early reception.

Products

CoreWeave raises capital spending outlook to $37-$39 billion

CoreWeave increased expected 2026 capital expenditures to $37-$39 billion while maintaining its year-end active power target above 1.85 gigawatts. Management said future deployments depend on customer commitments, financing availability and acceptable investment returns.

AI Capital

Fractile raises $720 million to develop AI chips and systems

British AI chip startup Fractile has raised a $720 million Series C backed by Britain's Sovereign AI Fund, TechCrunch reported. Thrive Capital, Founders Fund, Lightspeed Venture Partners and Redpoint led the round. The British government put the valuation at over £5 billion.

Infrastructure

Amprius receives $75 million contract to retrofit U.S. battery production line

Amprius received a $75 million U.S. government contract to retrofit a domestic battery production line, Yahoo Finance reported. A new manufacturing partner in Indianapolis is targeting pouch-cell production in early 2027.

Capital

RedBlue holds first close on second fund targeting at least $50 million

RedBlue Capital has held a first close on its second fund, which founder Olaf Sakkers says will total at least $50 million, TechCrunch reported. The firm backs robotics, logistics, manufacturing and energy companies.

Capital AI

StitchStudio raises $8M to expand insurance AI agents

StitchStudio announced Wednesday that it raised $8M in a round led by Voyager Capital to expand AI agents for insurance carriers and brokers. Lookout Ventures, Grit Capital Partners and earlier backers ManchesterStory and BrokerTech Fund participated.