IBM and D-Wave shared examples of ways that real customers are using their platforms, reinforcing a sense that quantum is approaching the commercialisation stage.
The £260m series C funding round raised by Oxford Quantum Circuits this week was described by its CEO as a "coming-of-age moment" for the industry. Gerald Mullally, head of the Oxford University quantum hardware and software provider said the large funding round represented "a clear shift in the market — from long-term promise to near-term delivery in quantum computing".
It is a trend we have seen across the board with corporations becoming bolder in their investments in this area. Last year corporate-backed rounds for quantum computing companies raised nearly $3bn in funding and this year looks like totals could be similar, with $1.3bn raised just five months in.
Maija Palmer
Maija Palmer is editor of Global Venturing and puts together the weekly email newsletter (sign up here for free).
