Find Related products on Amazon

Shop on Amazon

Why startups and tech giants are racing to build a practical quantum computer

Published on: 2025-06-04 16:59:46

Technology giants Amazon , IBM , Google , Intel and Microsoft are all working on quantum technology, as are various other companies like Rigetti , IonQ , Quantum Computing Inc. and D-Wave Quantum Inc . The latest entrant into the space is Nvidia , with CEO Jensen Huang announcing in March that the company will build a quantum computing research center in Boston. "The surge in excitement now is driven by a convergence of technological advancements, funding and clearer pathways to real world applications," said Matt Langione, managing director and partner at Boston Consulting Group. "By some estimates, greater than $50 billion have been pledged to quantum technologies, of which quantum computing is one, by governments around the world." Experts say quantum computing has the potential to efficiently solve problems that would be taxing if not impossible for classical computers, though this does not mean that the technology will replace classical computers entirely. "Quantum computing w ... Read full article.