Neutral-atom quantum computing developer Pasqal and Saudi Arabian investment platform Eleven Ventures have signed an agreement to establish a commercial joint venture—Pasqal Arabia—to deploy, commercialize, and scale neutral-atom quantum processors across the Kingdom of Saudi Arabia and the broader Middle East and North Africa (MENA) region. Timed to coincide with Saudi Arabia’s state visit to France, the initiative supports the Kingdom’s Vision 2030 framework to establish localized, sovereign high-performance computing (HPC) and artificial intelligence infrastructure. Operational Metric Joint Venture Detail Joint Venture Name Pasqal Arabia Board Chairmanship HRH Prince Abdulaziz Bin Turki Bin Talal (Founder, Eleven Ventures) Corporate Partners Pasqal & [...]

Pasqal and Eleven Ventures are forming a joint venture to commercialize neutral-atom quantum systems in Saudi Arabia and the wider region.

Neutral-atom quantum computing developer Pasqal and Saudi Arabian investment platform Eleven Ventures have signed an agreement to establish a commercial joint venture—Pasqal…