July 10

CMA CGM invests in French quantum computing company

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CMA CGM has invested in Pasqal, a French quantum computing firm, with the aim of developing optimisation solutions for maritime and logistics. Details on the size of the investment have not been revealed. 

This strategic partnership will lead to the creation of a Quantum Center of Excellence at TANGRAM, CMA CGM’s training centre in Marseille, which will be equipped with access to Pasqal’s quantum processor.

In particular, CMA CGM will seek to optimise container management, including their loading on ships.

The Pasqal investment follows investments by cash-rich CMA CGM in technology companies and artificial intelligence initiatives such as Kyutai and Mistral AI.

The post CMA CGM invests in French quantum computing company appeared first on Energy News Beat.

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