IonQ is the First Pure-Play Quantum Computing Company To Generate Over $100 Million in Revenue. Is the Stock Headed to $100?

The quantum computing company's stock might be getting overheated.

Nanomagnets control diamond qubits, pointing to more scalable quantum hardware

Quantum computing, once only a theoretical possibility, promises to deliver faster, more energy-efficient computers—but only if scientists can build and scale the hardware needed to run the machines.

IBM Might Be The First To Commercialize Quantum Computing, But At What Cost?

Court filings have revealed IBM intends to make a massive five-year investment to be the first company to commercialize quantum computing.

1. IonQ is taking a different approach to quantum computing

Most quantum computing companies are using a superconducting technique for quantum computing. This approach has its merits, but IonQ is taking a different path. It uses trapped-ion technology, which has a few key advantages over superconducting.

Quantum computers could expose our digital secrets – but there are much better reasons to build them

Digital secrets are protected by encryption, which converts meaningful data into an unintelligible form. If quantum computers could unscramble current encryption, they could expose highly sensitive data. Useful, perhaps, for nation states tracking terror cells or spying on strategic competitors – but bad news for everyone else.

US awards IBM and other firms $2 billion to give America the edge in quantum computing

The US Department of Commerce is awarding $2 billion in grants to American quantum-computing companies, half of which will go to IBM, in a bid to bolster the buildout of super computers that could solve some of the world’s most pressing problems.

Microsoft unveils Majorana 2, says quantum computers could be ready by 2029

At the Microsoft Build conference, the company unveiled Majorana 2, a quantum computing chip aimed at developing a commercially viable quantum computer by 2029.