Quantinuum inks Oracle Cloud partnership, reports Q2

Quantinuum said it will deploy its Helios quantum computer in US Oracle Cloud Infrastructure data centers for hybrid quantum and AI workloads.

Under the multi-year agreement, Oracle Cloud customers will be able to directly access Quantinuum's Helios alongside Oracle's high-performance computing and GPU infrastructure. The move highlights how hybrid infrastructure for classical compute and quantum is emerging.

In a statement, the companies said "Quantinuum and Oracle plan to explore how hybrid quantum-AI infrastructure could address some of the most computationally intensive challenges facing enterprises and broaden access for universities and research institutions advancing scientific discovery and education."

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The companies said they expect AI infrastructure, supercomputing and quantum computing to converge. Quantinuum also has a partnership with HPE.

Separately, Quantinuum reported second quarter results. The earnings were the first report since Quantinuum's IPO.

The company reported a second quarter net loss of $597 million, or $1.93 a share, on revenue of $8 million, up 279% from a year ago. The company's non-GAAP loss in the quarter was 28 cents a share. Wall Street was looking for a loss of 28 cents a share in the second quarter on revenue of $7.6 million.

Quantinuum CEO Rajeeb Hazra said the company "delivered critical R&D breakthroughs to advance our platform roadmap and enhance our competitive position, strengthened our supply chain and manufacturing capabilities, and increased our developer ecosystem engagement."

As for the outlook, Quantinuum said its 2026 revenue will be between $28 million to $32 million.