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What corporate customers are really doing with quantum computing

June 8, 2021

What corporate customers are really doing with quantum computing

Some, like BMW, use quantum computing-as-a-service, offered by companies like IBM, Google and AWS. Merck has a long-standing collaboration with SeeQC, a New York-based startup developing digital quantum computing in which Merck’s venture capital arm, M Ventures, invested $5m in April 2020. “It is part of every CTO’s portfolio of exploratory technologies they are looking into,” says Oliver Graham-Yooll, deeptech commercialisation partner at SIA Partners, the management consultancy. “Quantum computing is in a hype spring, not even in summer yet.” says Harbach. He’s been working with quantum computing companies SeeQC, HQS and Rahko to evaluate what quantum computing could do for them. The first commercially useful quantum computing applications are likely to arrive in the latter half of the 2020s, says Thierry Botter, head of Airbus Blue Sky. The deal is worth $2bn, and if approved by the US Securities and Exchange Commission, IonQ would become the first publicly-listed quantum computing company.

Article from Sifted.