IBM’s Investment in Trailblazer Cambridge Quantum Computing Called a ‘Quantum Leap’ & ‘Powerful Alliance’
(BusinessWeekly.co.uk) While no figures have been released regarding the size of IBM’s investment in Cambridge Quantum Computing (CQC), technology insiders will be just as excited by the prospects for the industry through such a powerful alliance.
The investment comes after years of collaboration between CQC and IBM’s quantum computing team.
Established in 2014, Cambridge Quantum Computing is a world-leading quantum computing software company with 62 scientists including 37 PhD’s across offices in Cambridge UK, San Francisco, London and Tokyo. The business builds tools for the commercialisation of quantum technologies that will have a profound global impact.
CEO Ilyas Khan said: “At CQC, we are committed to using world-class research to develop the best quantum computing products in the world. We are excited to have IBM as an investor in our company.”