Deals to three companies — D-Wave, Cambridge Quantum Computing, and Quantum Biosystems — dominate funding. But newer players are emerging.
Quantum computing is an increasingly hot area for research and investment, with corporations like IBM, Google, Alibaba, Intel, and Lockheed Martin launching quantum computing projects aimed at bringing the technology — meant to speed up the process of solving complex equations — to commercial viability.
In tandem with company investments, the European Union, US, and Chinese governments, among others, are also backing projects aimed at building commercial quantum computers. In the US, NASA, the NSA, and the Los Alamos National Laboratory are all involved in quantum computing projects. And in August this year, China launched the world’s first quantum satellite in the quest for more secure communications.Read Complete Article