Our ICM HPQC Fund continues to see excitement in the next-generation computing space. In this newsflash, they cover: A look back at an exceptional year for compute and AI infrastructure: Market trends shaping hyperscaler investment, data-centre expansion and energy constraints The rise of agentic AI, productivity tools and record valuations across the sector A breakout year for quantum computing, government initiatives and strategic momentum How these shifts position ICM HPQC

Mixx Technologies Inc, part of ICM HPQC Fund's portfolio and the pioneer behind high-performance, system-scale optical connectivity for the artificial intelligence (AI) infrastructure, today announced the successful closure of a $33 million Series A funding round. The financing was led by ICM HPQC Fund, with participation from TDK Ventures, Systemiq Capital, Banpu Innovation & Ventures, G Vision Capital, Ajinomoto Group Ventures, AVITIC Innovation Fund, and other strategic pa

2025 was the International Year of Quantum, and Q-CTRL delivered real commercial Quantum Advantage while expanding global deployments across computing and sensing. Read their full update here .

Professor Andrew Dzurak, a leading figure in quantum technology, has been recognised with the Innovation Leadership Award at the 2025 InnovationAus Awards for Excellence, honouring over 20 years of groundbreaking work in silicon-based quantum computing. Read the full article here .

InnovationAus.com 's recognition of Q-CTRL highlights its strong progress across quantum software and control engineering, as well as the milestone launch of its quantum-assured inertial navigation system, Ironstone Opal, earlier this year. Read the full article here .

The latest market insight from ICM reports that October brought another month of gains for U.S. equities, supported by solid earnings and a widely anticipated rate cut from the Federal Reserve. The tone shifted in early November, with markets giving back some ground as investors reassessed valuations and the policy path. Some recent risks have eased, including a pause in U.S.-China trade tensions and the resolution of the federal shutdown. Others persist. Inflation remains ab

Q-CTRL, the global leader in quantum infrastructure software, QuantWare, the world’s highest-volume supplier of commercial quantum processing units, and Qblox, the global leader in quantum computing control stacks, announced the launch of the Quantum Utility Block (QUB), a family of full-stack, pre-validated quantum computer reference implementations built on a modularised architecture. The QUB model is designed to give quantum system purchasers and adopters an accessible, co

The Q-CTRL and RIKEN teams pictured with IBM Quantum System Two in Kobe, Japan Q‑CTRL and RIKEN, a national research institute in Japan, announced the integration of Q-CTRL’s performance management software Fire Opal with RIKEN’s IBM Quantum System Two. The system is deployed within the RIKEN Center for Computational Science, Japan's Premier High-Performance Computing center, and co-located with Japan's flagship supercomputer Fugaku. Read the full announcement here .

Is there an AI bubble, and does it matter? Our team at ICM HPQC Fund (HPQC) is often asked whether today’s valuations in AI are sustainable. Answer: when you invest in the underlying compute infrastructure, the bubbles matter far less. The demand for memory, bandwidth, switching, fabrication and cooling continues to rise faster than supply. That gap is physics driven, not sentiment driven - and it is where HPQC sees long-term opportunity, regardless of which AI software platf

ICM HPQC Fund (“ICM HPQC”) continues to see excitement in the next-generation computing space. In this newsflash, we cover: AI Capital Surge and Bubble Concerns Space-Based Data Centres Move from Concept to Testing Google Claims “Quantum Advantage” – But Critics Disagree DARPA's Quantum Benchmarking Initiative Nvidia Expands its Quantum Ecosystem Portfolio updates and what we’re seeing across global tech markets ICM HPQC News Flash - November 2025

West Sussex County Council has leveraged Snapper’s MOSAiQ Insights platform to quantify the impact of traffic-signal changes across 20 strategic junctions. By analysing stop-level bus data in real time, the council demonstrated measurable journey-time improvements that supported additional Bus Service Improvement Plan (BSIP) funding. Discover how data-driven infrastructure is driving smarter public transport in this case study. Read the full article here .

Diraq has entered the next phase of the DARPA “Quantum Benchmarking Initiative”, positioning itself at the frontline of the race to build a commercially viable, utility-scale quantum computer. The initiative is structured to rigorously evaluate whether quantum computing architectures are capable of delivering value that exceeds their build and operational costs by 2033. Diraq’s involvement leverages its silicon-spin-qubit technology and manufacturing compatibility with existi

At Vix Technology, their new “Designing for Everyone”  article examines how Vix Smart Gates  have been engineered from the ground up to support ticketing flexibility, inclusive lane widths, and a user interface that meets WCAG 2.1 standards. Discover how thoughtful design and inclusive technology are making stations more welcoming and efficient for all. Read the full article here .

Diraq’s silicon spin qubits are exceptionally fast, performing up to a million fault-tolerant operations in under a minute — but this speed demands a powerful, low-latency interface to manage control, error correction and hybrid quantum-classical processes. NVIDIA’s new NVQLink provides that capability, replacing the earlier DGX Quantum system. NVQLink offers Diraq an open, high-performance platform for orchestrating its quantum processing unit (QPU) alongside the classical c

Recent results published in Nature  demonstrate that silicon spin qubits designed by Diraq and fabricated on 300 mm wafers at imec in Belgium can achieve consistently high-fidelity quantum logic operations when measured in Sydney, Australia. This work provides clear experimental evidence that high-performance qubits can be manufactured using standard semiconductor foundry processes. The findings represent a significant step toward scalable, utility-grade quantum computing, co

Vix Technology and Translink co‑hosted an accessibility‑focused event in partnership with Angel Eyes NI . The day brought together transport professionals, families, and community members to explore how innovation and empathy can make public transport more inclusive for everyone. Read the full announcement here .

The latest market insight from ICM reports that markets paused for breath in October after months of new highs. The S&P 500 and NASDAQ moved sideways, oil prices fell, and volatility edged higher as investors weighed mixed data and policy uncertainty. Gold, however, continued to rise - a sign of cautious sentiment amid ongoing geopolitical and macroeconomic crosswinds. In this month’s market review, ICM's Senior Analyst Conor Spencer reflects on the backdrop shaping sentiment

Littlepay, in partnership with Google and Go-Ahead, has announced the successful deployment of Google Transit Insights  (GTI) across Go-Ahead ‘s entire fleet. This rollout represents a significant progress in delivering innovative, passenger-focused payment experiences, setting a global standard for the mobility sector. GTI  is an initiative between Google and Littlepay that enhances the passenger experience when using Google Wallet by providing complete visibility over the b

Since the end of April 2025, Littlepay has been quietly powering contactless payment services in Mérida, Mexico. This rollout means that riders across the city can now simply tap and pay for their journeys using their bank card or a mobile wallet.  Managed by the State of Yutacan, the new fare collection service, “Va y Ven” (“Come & Go”), renews the fare collection process across Agencia Transporte Yucatan’s 915 buses and BRT’s, with the opportunity to scale up to the entire

ICM HPQC Fund (“ICM HPQC”) continues to see excitement in the next-generation computing space. Their latest newsflash covers: Growing...