Why the US Is Investing in Quantum Computing
Speakers
Summary
The U.S. government is taking $2 billion in equity stakes in nine quantum computing firms, with IBM receiving half. Former IBM CEO Sam Palmisano questions the government's ability to pick winners and warns commercial adoption is years away. IonQ's CEO claims his company is five years ahead with superior economics.
- U.S. government invests $2 billion in nine quantum firms, with IBM receiving half.
- IBM targets quantum advantage by 2029, while IonQ claims to already be ahead.
- Former IBM CEO Sam Palmisano says government picking winners historically fails and $2B is insufficient for commercial viability.
- Quantum computing promises breakthroughs in drug discovery, cybersecurity, and climate science.
- IonQ CEO highlights 36 quadrillion times performance advantage and lowest unit costs.
Ideas
IonQ leads quantum with cost advantage
IonQ's quantum computers are 36 quadrillion times more powerful than competitors, the company is 5 years ahead of anyone else in quantum computing, and it has the lowest unit economics, able to build a fully fault-tolerant 2 million qubit system while keeping cost of goods sold under $30 million.
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Speakers: Niccolo de Masi · Tickers: IONQ