(CambridgeQuantum) Cambridge Quantum Computing announced that IBM has become a strategic investor in the company. The investment comesafter years of collaboration between CQC and IBM’s quantum computing team.“At CQC, we are committed to using world class research to develop the best quantum computing productsin the world,” said CQC CEO Ilyas Khan. “We are excited to have IBM as an investor in our company.”
“CQC was one of the first startups to join the IBM Q Network in 2018. Today’s investment furthers the collaborative efforts to advance quantum computing and exploring practical applications for business and science,” said Anthony Annunziata, IBM Q Network Global Lead, IBM Research.