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Saudi Aramco, Pasqal Inaugurate Saudi Arabia's First Quantum Computer

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Saudi Arabian Oil Co. (SASE:2222), d/b/a Saudi Aramco, and France-headquartered Pasqal jointly launched Saudi Arabia's first quantum computer, along with the release of the first commercial quantum computing-as-a-service platform in the Middle East.

The development allows the oil giant to advance a roadmap of use cases on the production-ready version of Pasqal Quantum Processing Unit for its programs across energy, materials, and industrial operations, according to a Monday release.

The latest development builds on the parties' initial partnership agreement in May 2024.

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