Quantinuum and Oracle partner on hybrid quantum cloud access

Quantinuum and Oracle have announced a multi-year strategic partnership to deploy Quantinuum’s Helios quantum computer as an OCI service in a US-based OCI AI data center.

• Helios deployment: OCI customers will access Helios through Oracle Cloud Infrastructure alongside HPC and GPU infrastructure; Oracle plans to preview its OCI quantum service in the coming months.
• Background details: Helios is Quantinuum’s third-generation quantum computer, launched commercially in November 2025, with 98 physical qubits and reported 99.921% average two-qubit gate fidelity; the release also says Helios has an estimated power draw of less than 1% of leading supercomputers.

The article also includes Quantinuum’s second-quarter 2026 results and other business updates, including a new electronics-manufacturer collaboration and supply-chain work.

• Financial figures: Quantinuum reported $8 million in Q2 2026 revenue, $1.7 billion in gross IPO proceeds, and $2.1 billion in cash and short-term investments as of June 30, 2026.
• Other updates: Quantinuum said it had signed a joint development agreement with a leading global electronics manufacturer and a letter of intent with the U.S. Department of Commerce’s CHIPS R&D Office.