The Quantum industry is facing a challenging investment climate which will lead to some near-term pain. Read why here.
On March 22, 2022, Sandbox AQ announced its formal launch as a separate company from Alphabet (fka Google). I consider this to be seminal event in the Quantum Computing (QC) industry so wanted to provide additional color to emphasize the magnitude of the announcement.
amount of funding being dedicated to Quantum Computing on a global basis is staggering. Governments, private companies, venture firms and academic institutions are all committing huge sums of money and resources to this field. While investment flows are no guarantee of future value, there is a broad common theme to push the development of Quantum Computers, and the equivalent of the modern “space race” is garnering growing attention in the media. Given the awesome power, potential and disruption that Quantum Computers can deliver, these trends should not be surprising.